About Excel Technovation Pvt. Ltd.
Data last updated:
Excel Technovation Pvt. Ltd. is a private limited company based in Jaipur, Rajasthan, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 January 1996.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72100RJ1996PTC011349. Its GSTIN is 08AAACE3703B1ZC (Rajasthan).
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Prashant Agrawal (Irp/Rp/Liquidator) and Rajesh Singh.
Its last annual general meeting (AGM) was held on 23 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 101 Sumer Complex Near Bagaria Bhawan F – 174 Gautam Marg C – Scheme Jaipur, Rajasthan, India.
As per the financials filed for FY 2021, the company reported a revenue of ₹19.99 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹30.34 Lakh (net margin -151.8%) and EBITDA of -₹28.58 Lakh (EBITDA margin -143%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 56% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹90 Lakh and satisfied charges of ₹90 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The last known website on record is exceltechnovation.com.
Company details
Contact details
Excel Technovation Pvt. Ltd.'s registered office is in Jaipur, Rajasthan. Its website is exceltechnovation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address101 Sumer Complex Near Bagaria Bhawan F – 174 Gautam Marg C – Scheme Jaipur, Rajasthan, India
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Excel Technovation Pvt. Ltd., buy the company report.
- 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
Business activity
The main business activities of Excel Technovation are information and communication and education. In detail, this covers computer programming, consultancy and related activities and higher education, technical & vocational education. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Excel Technovation Pvt. Ltd., buy the company report.
Financials of Excel Technovation Pvt. Ltd.
FY 2021 filings availableExcel Technovation Pvt. Ltd. reported revenue of ₹19.99 Lakh (down 91% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 91% fall in the latest year. EBITDA rose 77% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹19.99 Lakh | ||||
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| EBITDA | -₹28.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.34 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -143% | ||||
| Net Profit Margin | -151.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Excel Technovation Pvt. Ltd., buy the company report.
Board of directors of Excel Technovation Pvt. Ltd.
Excel Technovation has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Agrawal | Irp/Rp/Liquidator | 24 Nov 2023 | 2 Years 11 Months | As last reported |
| Rajesh Singh Also directs: Proxima Capital Services LLP, Nexus Vvita Infratech Private Limited, Sram Mram Green Resources Limited and 1 more | Director | 05 Jan 1996 | 30 Years 10 Months | As last reported |
| Anju Singh Also directs: Proxima Capital Services LLP, Gantavya Infratech Private Limited | Director | 01 Jul 1998 | 28 Years 4 Months | As last reported |
| Dev Sharma Also directs: Buildios LLP, Divyadurga Construction Private Limited | Director | 01 Dec 2017 | 8 Years 11 Months | As last reported |
Auditor
Excel Technovation Pvt. Ltd. is audited by R A S & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A S & ASSOCIATES | FY 2021 | 007919C |
Shareholding
The shareholding of Excel Technovation Pvt. Ltd. is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Excel Technovation Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2014 | 100053534 | Axis Bank Limited | ₹90 Lakh | Open | |
| 20 Dec 2007 | 10087420 | 3I Infotech Trusteeship Services Limited | ₹90 Lakh | Satisfied |
To see the full charge records of Excel Technovation Pvt. Ltd., buy the company report.
Total charge records: 2 View all charges
Legal cases
Excel Technovation Pvt. Ltd. has 4 court cases on record: 3 filed by Excel Technovation, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Jaipur | Insolvency matter | Filed by the company | Pending |
| NCLT, NCLT Jaipur | Insolvency matter | Filed by the company | Disposed |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax Jaipur-Ii and 1 other | Disposed |
To see the full case history of Excel Technovation Pvt. Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Excel Technovation Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Excel Technovation Pvt. Ltd. has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Excel Technovation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACE3703B1ZC | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Excel Technovation Pvt. Ltd., buy the company report.
Recent activity
Excel Technovation Pvt. Ltd. has 5 board changes on record since 1996: 4 appointments and 1 cessation. The latest: Prashant Agrawal was appointed as Irp/Rp/Liquidator on 24 Nov 2023.
Frequently asked questions
Excel Technovation is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Excel Technovation is a company under liquidation, formerly operating as a private limited company based in Jaipur, Rajasthan, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 January 1996 and is registered under CIN U72100RJ1996PTC011349. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Excel Technovation has 4 current directors:
- Rajesh Singh - Director
- Anju Singh - Director
- Dev Sharma - Director
- Prashant Agrawal - Irp/Rp/Liquidator
The latest financial statements of Excel Technovation on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 23 September 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Excel Technovation is U72100RJ1996PTC011349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Technovation has open charges of ₹90 Lakh and satisfied charges of ₹90 Lakh as per latest MCA filings.
Excel Technovation has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the nclt.
Excel Technovation was incorporated on 05 January 1996. It is registered with the Registrar of Companies, Jaipur.
Prashant Agrawal was appointed as Irp/Rp/Liquidator on 24 Nov 2023. Dev Sharma was appointed as Director on 01 Dec 2017. Sudesh Singh ceased to be Director on 01 Nov 2011. Excel Technovation has 5 board changes on record in total.
Excel Technovation can be reached through the website exceltechnovation.com. Its registered office is in Jaipur, Rajasthan, India.
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