- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0029411

About Elixir Insurance Services Private Limited
Data last updated:
Elixir Insurance Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the general insurance providers segment of the financial services sector. It was incorporated on 17 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2010PTC076180. Its GSTIN is 33AACCE4223A1ZI (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.2 Lakh. It is led by directors including Kumararaja and Raghunathapuram Kothandaraman Kavitha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.70/16 Sundar Bans Ist Floor Ist Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.72 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹21,532 (net margin 0.5%) and EBITDA of ₹74,756 (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 14% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
Elixir Insurance Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0029411). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elixirinsurance.com.
Recognitions & Rankings of Elixir Insurance Services
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.70/16 Sundar Bans Ist Floor Ist Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083
- IndustryFinancial Services, General Insurance Providers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Elixir Insurance Services Private Limited
The main business activity of Elixir Insurance Services is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Elixir Insurance Services Private Limited FY 2024 filings available
Elixir Insurance Services Private Limited reported revenue of ₹42.72 Lakh (down 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Elixir Insurance Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 48% fall in the latest year. EBITDA fell 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Elixir Insurance Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹74,756 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21,532 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Elixir Insurance Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Elixir Insurance Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Elixir Insurance Services Private Limited
Elixir Insurance Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumararaja | Director | 17 Jun 2010 | 16 Years 4 Months | Current |
| Raghunathapuram Kothandaraman Kavitha Also directs: Effectuate Tech Solutions Private Limited | Director | 17 Jun 2010 | 16 Years 4 Months | Current |
| Jaiganesh | Director | 17 Jun 2010 | 16 Years 4 Months | Current |
Peer Comparison of Elixir Insurance Services Private Limited
Elixir Insurance Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (General Insurance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S P Jindal Industries Limited | ₹46.84 Lakh (FY 2024) | •••• | •••• | 108.0% | •••• | Delhi, India |
| Bafna Share Broking Services Private Limited | ₹46.71 Lakh (FY 2025) | •••• | •••• | -85.0% | •••• | Kolkata, West Bengal, India |
| Harpreet Insurance Agents Private Limited | ₹46.62 Lakh (FY 2025) | •••• | •••• | 124.0% | •••• | New Delhi, Delhi, India |
| Travelprotect Travel Services Private Limited | ₹45.83 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Indore, Madhya Pradesh, India |
| S & S General Insurance Brokers (India) Limited | ₹44.95 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Chennai, Tamil Nadu, India |
| Elixir Insurance Services Private Limited this company | ₹42.72 Lakh (FY 2024) | •••• | •••• | -48.0% | •••• | Chennai, Tamil Nadu, India |
| Universal Gravity Solutions Private Limited | ₹42.32 Lakh (FY 2023) | •••• | •••• | -59.0% | •••• | Ahmedabad, Gujarat, India |
| Seedbid Corporate Advisors Private Limited | ₹41.15 Lakh (FY 2025) | •••• | •••• | 110.0% | •••• | Vadodara, Gujarat, India |
| Lumiere Insurance Surveyors and Loss Assessors Private Limited | ₹40.16 Lakh (FY 2024) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Akshara Insurance Marketing Private Limited | ₹40.14 Lakh (FY 2022) | •••• | •••• | 4.0% | •••• | Hanamkonda, Telangana, India |
| Aarvi Insurance Brokers Private Limited | ₹39.36 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Elixir Insurance Services by revenue in the BFSI industry (General Insurance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Elixir Insurance Services Private Limited
Elixir Insurance Services Private Limited is audited by SRJ ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRJ ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Elixir Insurance Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elixir Insurance Services Private Limited
Elixir Insurance Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elixir Insurance Services Private Limited
Elixir Insurance Services Private Limited has a workforce of 5 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Elixir Insurance Services Private Limited
Elixir Insurance Services Private Limited has 9 board changes on record since 2010: 6 appointments and 3 cessations. The latest: Kalaivanan Selvarasan ceased to be Director on 10 Sep 2013.
Credit Ratings, Litigation & Regulatory Alerts for Elixir Insurance Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elixir Insurance Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elixir Insurance Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elixir Insurance Services Private Limited
Elixir Insurance Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCE4223A1ZI | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elixir Insurance Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elixir Insurance Services Private Limited
Elixir Insurance Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in general insurance providers, within the financial services industry. It was incorporated on 17 June 2010 (16+ years old) and is registered under CIN U74900TN2010PTC076180.
Elixir Insurance Services reported revenue of ₹42.72 Lakh for FY 2024 (down 48% YoY).
Elixir Insurance Services has 3 current directors:
- Kumararaja - Director
- Raghunathapuram Kothandaraman Kavitha - Director
- Jaiganesh - Director
Elixir Insurance Services reported a net profit of ₹21,532 (net margin 0.5%) and EBITDA of ₹74,756 (EBITDA margin 1.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elixir Insurance Services is -38% over three years and -14% over five years. In the latest year (FY 2024) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elixir Insurance Services is 33AACCE4223A1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Elixir Insurance Services is U74900TN2010PTC076180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elixir Insurance Services was incorporated on 17 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Elixir Insurance Services by revenue are S P Jindal Industries Limited, Bafna Share Broking Services Private Limited, Harpreet Insurance Agents Private Limited, Travelprotect Travel Services Private Limited, S & S General Insurance Brokers (India) Limited and 5 more, all in the BFSI industry (General Insurance).
Kalaivanan Selvarasan ceased to be Director on 10 Sep 2013. Senthilkumaran Ramalingam ceased to be Director on 10 Sep 2013. Thirukumaran Marimuthu ceased to be Managing Director on 15 Oct 2011. Elixir Insurance Services has 9 board changes on record in total.
Yes, Elixir Insurance Services is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0029411).