Elixir Equities Private Limited

Elixir Equities Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U67120MH1997PTC112103 Incorporated 26 November 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹14.91 Cr
▼ 28.00% YoY
EBITDA · FY 2025
*****
▼ 101.00% YoY
Net profit · FY 2025
*****
▼ 127.00% YoY
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.76 Cr
Issued & subscribed
Open charges
₹20 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
3
Latest available

About Elixir Equities Private Limited

Data last updated: 10 January 2026

Elixir Equities Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Elixir Capital Limited. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 26 November 1997, the company has been in operation for over 29 years.

Registered with ROC Mumbai under CIN U67120MH2004PTC112103.

Capital: an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.76 Cr. Formerly known as Axis Equities Private Limited and Dipan Mehta Share and Stock Brokers Private Limited. It is led by directors including Dipan Anil Mehta and Radhika Dipan Mehta.

Last AGM: 26 August 2025. Financial statements filed for year ended 31 March 2025. Office: 58 Mittal Chambers 228 Nariman Point, Mumbai, Maharashtra, India – 400021.

As per the financials filed for FY 2025, the company reported a revenue of ₹14.91 Cr, a decline of 28% compared to the previous year.

The company has a workforce of approximately 3 employees as per the latest available data. It operates as a subsidiary of Elixir Capital Limited.

The company is associated with 1 brand - Elixir Equities. As per MCA filings, the company has open charges of ₹20 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elixirequities.com.

Company Details of Elixir Equities Private Limited
CIN U67120MH1997PTC112103
Registration Number 112103
Incorporation Date 26 November 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Elixir Capital Limited
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    58 Mittal Chambers 228 Nariman Point, Mumbai, Maharashtra, India – 400021
  • Industry
    Financial Services, Brokerage & Trading Services
Company report
Elixir Equities Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Elixir Equities Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Elixir Equities Private Limited

Elixir Equities Private Limited has undergone 3 name changes throughout its history. The company was previously known as Axis Equities Private Limited, Dipan Mehta Share And Stock Brokers Private Limited, and Dipan Mehta Share And Stock Broker Private Limited. The current legal name is Elixir Equities Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Elixir Equities Private Limited Current
Axis Equities Private Limited Previous
Dipan Mehta Share And Stock Brokers Private Limited Previous
Dipan Mehta Share And Stock Broker Private Limited Previous

CIN History of Elixir Equities Private Limited

Elixir Equities Private Limited has one previous CIN (Corporate Identification Number): U67120MH2004PTC112103. The current CIN is U67120MH1997PTC112103, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U67120MH1997PTC112103 Current
U67120MH2004PTC112103 Previous

Associated Brands with Elixir Equities Private Limited

Elixir Equities Private Limited operates one associated brand: Elixir Equities. These brands represent Elixir Equities Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Stock broking, equity research, and portfolio management for investors in India. elixirequities.com

Competitors & Alternatives of Elixir Equities Private Limited

Brands and companies operating in the same space as Elixir Equities Private Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.

Competitor Description Location Founded
Fidelity Investments Fidelity Investments Provider of brokerage accounts, retirement planning, wealth management, and trading platforms Boston, United States, United States 1946
UTI Mutual Fund UTI Mutual Fund Mutual funds, portfolio management, and retirement planning services are offered. Mumbai, India, India 2001
Goldman Sachs Goldman Sachs Investment banking services are delivered across multiple financial sectors. New York, United States, United States 1869
S&P Global S&P Global Platform offering business intelligence solutions that combine data and actionable analytics for clients New York, United States, United States 1917
Sundaram Finance Sundaram Finance Provider of consumer & SME loans and equipment & vehicle leasing services Chennai, India, India 1954
Bank of America Bank of America Commercial banking and asset management services are offered worldwide. Charlotte, United States, United States 1904
State Street State Street Financial services are provided to asset managers worldwide. Boston, United States, United States -
FIS FIS Software suites for banks and financial institutions are provided. Jacksonville, United States, United States 1968
Avendus Avendus Corporate advisory and investment services are provided to clients. Mumbai, India, India 1999
360 One 360 One Asset and wealth management software is provided for businesses. Mumbai, India, India 2008

Business Activity of Elixir Equities Private Limited

Elixir Equities Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K8 Other financial activities *********

Board of Directors of Elixir Equities Private Limited

Elixir Equities Private Limited is currently managed by 3 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Dipan Anil Mehta Whole-Time Director 30 Sep 2004 21 Years 9 Months Current
Radhika Dipan Mehta Whole-Time Director 30 Sep 2004 21 Years 9 Months Current
Varun Dipan Mehta Whole-Time Director 01 Dec 2022 3 Years 7 Months Current

Financials of Elixir Equities Private Limited FY 2025 filings available

Elixir Equities Private Limited reported revenue of ₹14.91 Cr (down 28% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹14.91 Cr ▼ -28%
Profit
***** ▼ -127%
EBITDA
***** ▼ -101%
Metrics
*****
*****
*****
*****
*****
Revenue
Revenue from Operations
*****
*****
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*****
*****
Revenue Growth %
*****
*****
*****
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Other Income
*****
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Total Revenue
*****
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Expenses
Total Expenses
*****
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Raw Material Cost
*****
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Change in Inventory FG
*****
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Change in Inventory WIP
*****
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Purchase of Traded Goods
*****
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Employee Cost
*****
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Managerial Remuneration
*****
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Audit Fees
*****
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Insurance
*****
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Power & Fuel
*****
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Interest
*****
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Depreciation
*****
*****
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*****
*****
Other Expenses
*****
*****
*****
*****
*****
Profitability
EBITDA (Operating Profit)
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
Exceptional Items
*****
*****
*****
*****
*****
Extraordinary Items
*****
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*****
*****
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
*****
*****
*****
*****
Tax & Net Profit
Tax Expense
*****
*****
*****
*****
*****
Current Tax
*****
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Deferred Tax
*****
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Profit from Discontinued Operations
*****
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Tax on Discontinued Operations
*****
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Profit
*****
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Net Margin %
*****
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*****
*****
*****
Metrics
*****
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Shareholders' Funds
Total Shareholders' Funds
*****
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Equity Capital
*****
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*****
Reserves & Surplus
*****
*****
*****
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*****
Money Against Warrants
*****
*****
*****
*****
*****
Other Equity
*****
*****
*****
*****
*****
Non-Current Liabilities
Total Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Borrowings
*****
*****
*****
*****
*****
Deferred Tax Liabilities
*****
*****
*****
*****
*****
Other Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Provisions
*****
*****
*****
*****
*****
Current Liabilities
Total Current Liabilities
*****
*****
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*****
Short-Term Borrowings
*****
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*****
*****
*****
Trade Payables
*****
*****
*****
*****
*****
Other Current Liabilities
*****
*****
*****
*****
*****
Short-Term Provisions
*****
*****
*****
*****
*****
Total Equity & Liabilities
*****
*****
*****
*****
*****
Non-Current Assets
Non-Current Assets
*****
*****
*****
*****
*****
Tangible Assets
*****
*****
*****
*****
*****
Intangible Assets
*****
*****
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*****
Capital WIP
*****
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Intangibles Under Dev
*****
*****
*****
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*****
Investments
*****
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*****
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*****
Deferred Tax Assets
*****
*****
*****
*****
*****
LT Loans & Advances
*****
*****
*****
*****
*****
Other Non-Current Assets
*****
*****
*****
*****
*****
Current Assets
Current Assets
*****
*****
*****
*****
*****
Current Investments
*****
*****
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*****
Inventories
*****
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Trade Receivables
*****
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*****
Cash & Bank Balance
*****
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ST Loans & Advances
*****
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*****
Other Current Assets
*****
*****
*****
*****
*****
Total Assets
*****
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*****
*****
Metrics
*****
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*****
*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
*****
*****
*****
*****
Non-Cash Adjustments
*****
*****
*****
*****
*****
+ Interest Expense
*****
*****
*****
*****
*****
+ Depreciation
*****
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*****
+/- Unrealized Forex
*****
*****
*****
*****
*****
- Dividend Income
*****
*****
*****
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*****
- Interest Income
*****
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*****
+/- Other Non-Cash Items
*****
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Changes in Working Capital
*****
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+/- Inventory
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+/- Debtors
*****
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+/- Creditors
*****
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Reconciliation Adjustments
*****
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*****
Cash Generated from Operations
*****
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*****
Income Taxes Paid
*****
*****
*****
*****
*****
Net CFO (Cash from Operations)
*****
*****
*****
*****
*****
Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
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Disposal of Subsidiaries
*****
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Acquisition of Subsidiaries
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Capex
*****
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Purchase of Fixed Assets
*****
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Sale of Fixed Assets
*****
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Other Investing Cash Flows
*****
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*****
Net CFI (Cash from Investing)
*****
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Cash from Financing Activities (CFF)
Equity Issuance
*****
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Debt Raised
*****
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Debt Repaid
*****
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Dividends Paid
*****
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Interest Paid
*****
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Net CFF (Cash from Financing)
*****
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*****
Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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*****
Closing Cash & Equivalents
*****
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*****
Metrics
*****
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*****
Liquidity
Current Ratio
*****
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Quick Ratio
*****
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Cash Ratio
*****
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*****
Efficiency
Inventory Days
*****
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Debtor Days
*****
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*****
*****
Creditor Days
*****
*****
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*****
Cash Conversion Cycle
*****
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Asset Turnover
*****
*****
*****
*****
*****
Profitability
Net Profit Margin %
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
ROE %
*****
*****
*****
*****
*****
ROCE %
*****
*****
*****
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*****
Net Worth Margin %
*****
*****
*****
*****
*****
Growth
Revenue Growth %
*****
*****
*****
*****
*****
Leverage
Equity Multiplier
*****
*****
*****
*****
*****
Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
*****
ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Elixir Equities Private Limited

Open charges
₹20 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Others₹20.00 Cr
Latest charge details
DateLenderAmountStatus
20 Jun 2024 Others ₹20 Cr Open

Total charge records: 1 View all charges

Employees and EPFO Compliance at Elixir Equities Private Limited

View historical data on people associated with Elixir Equities Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Elixir Equities Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Elixir Equities Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Elixir Equities Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Elixir Equities Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Elixir Equities Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Elixir Equities Private Limited

MSME Payment Delays by Elixir Equities Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Elixir Equities Private Limited

Subsidiaries & Group Companies of Elixir Equities Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Elixir Equities Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Elixir Equities Private Limited

MCA Filings & Documents of Elixir Equities Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Elixir Equities Private Limited

Activity
26 Aug 2025
Elixir Equities Private Limited last Annual general meeting of members was held on 26 Aug 2025 as per latest MCA records.
Charges
04 Jun 2025
A charge with Others of Rs. 20.00 Cr registered on 20 Jun 2024 with Charge ID 100950280 was modified on 04 Jun 2025.
Activity
31 Mar 2025
Elixir Equities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
20 Jun 2024
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100950280 was registered on 20 Jun 2024.
Directors
01 Dec 2022
Varun Dipan Mehta was appointed as a Whole-time director on 01 Dec 2022 & has been associated with this company since 3 years 7 months.
Directors
30 Sep 2004
Dipan Anil Mehta was appointed as a Whole-time director on 30 Sep 2004 & has been associated with this company since 21 years 9 months.

Frequently Asked Questions about Elixir Equities Private Limited

Elixir Equities Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 26 November 1997 (29+ years old) and is registered under CIN U67120MH1997PTC112103. The company has 3 employees.

Elixir Equities Private Limited reported revenue of ₹14.91 Cr for FY 2025 (down 28.00% YoY).

The current directors of Elixir Equities Private Limited are:

The primary industry of Elixir Equities Private Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.

Elixir Equities Private Limited can be reached at the registered office: 58 Mittal Chambers 228 Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website elixirequities.com.

The authorised capital is ₹2.5 Cr, and the paid-up capital is ₹1.76 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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