DPIIT recognised startup Government of India
Startup India
Exolvo Technologies Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹77,100
Latest filing
Net loss · FY 2020
₹11.16 Lakh
Latest filing
EBITDA · FY 2020
-₹3.97 Lakh
Latest filing
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Exolvo Technologies Private Limited
Data last updated:
Exolvo Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 11 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72501MH2018PTC304015. Its GSTIN is 27AAECE9051C1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prateek Ghodeshwar and Rajiv Mittal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 112 Cabin B Udhyog Bhawan Sonawala Lane Goregaon East Mumbai 40006, 3, Maharashtra, India – 400063.
As per the financials filed for FY 2020, the company reported a revenue of ₹77,100. For the same year it recorded a net loss of ₹11.16 Lakh and EBITDA of -₹3.97 Lakh.
For more details, the company can be reached via its website exolvotech.com.
Company Details of Exolvo Technologies Private Limited
CIN U72501MH2018PTC304015
Registration Number 304015
Incorporation Date 11 January 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
DPIIT Recognition Recognised Startup
Key People
Prateek Ghodeshwar Director Amitkumar Jitendrakumar Shah Additional Director Rajiv Mittal Director Recognitions & Rankings of Exolvo Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address112 Cabin B Udhyog Bhawan Sonawala Lane Goregaon East Mumbai 40006, 3, Maharashtra, India – 400063
- IndustryFinancial Services, Diversified Financial Services
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Business Activity of Exolvo Technologies Private Limited
The main business activity of Exolvo Technologies is financial and insurance service. In detail, this covers 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 | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Exolvo Technologies Private Limited FY 2020 filings available
Exolvo Technologies Private Limited reported revenue of ₹77,100 for FY 2020.
Revenue · FY 2020
₹77,100
Net loss · FY 2020
₹11.16 Lakh
EBITDA · FY 2020
-₹3.97 Lakh
Financial Statement Summary of Exolvo Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹77,100 | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹3.97 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.16 Lakh | •••• | •••• |
| 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 Exolvo Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Exolvo Technologies are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Exolvo Technologies Private Limited
Exolvo Technologies has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Ghodeshwar | Director | 26 Jun 2019 | 7 Years 3 Months | Current |
| Amitkumar Jitendrakumar Shah Also directs: Fancy Color Diamonds (India) LLP, 100Acres Infra Private Limited | Additional Director | 02 Feb 2018 | 8 Years 8 Months | Current |
| Rajiv Mittal Also directs: Innotrust Consulting Private Limited | Director | 20 Apr 2019 | 7 Years 6 Months | Current |
Peer Comparison of Exolvo Technologies Private Limited
Exolvo Technologies Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Upasna India Nidhi Limited | ₹77,500 (FY 2020) | •••• | •••• | •••• | Patna, Bihar, India | |
| Mangla Star Marketing Private Limited | ₹77,467 (FY 2025) | •••• | •••• | 30.0% | •••• | Jaipur, Rajasthan, India |
| I-Max Services Limited | ₹77,381 (FY 2025) | •••• | •••• | 25.0% | •••• | Bhubaneswar, Odisha, India |
| Ashakiran Enterprises Private Limited | ₹77,292 (FY 2025) | •••• | •••• | -79.0% | •••• | Vadodara, Gujarat, India |
| Techflow Consultancy Private Limited | ₹77,270 (FY 2024) | •••• | •••• | -68.0% | •••• | Tezpur, Assam, India |
| Exolvo Technologies Private Limited this company | ₹77,100 (FY 2020) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Bhansali Comtrade Intermediate Private Limited | ₹77,093 (FY 2025) | •••• | •••• | -94.0% | •••• | Bhavnagar, Gujarat, India |
| Anuradha Investments Ltd | ₹76,960 (FY 2025) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| Shiv Narayan Investments Private Limited | ₹76,892 (FY 2025) | •••• | •••• | -100.0% | •••• | Ludhiana, Punjab, India |
| Adhunik Management Consultants Private Limited | ₹76,850 (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| B. P.O .Finance and Investments Private Limited | ₹76,680 (FY 2025) | •••• | •••• | 17.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Exolvo Technologies by revenue in the BFSI industry (Other Financial Services), 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 Exolvo Technologies Private Limited
Exolvo Technologies Private Limited is audited by H RAJEN & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H RAJEN & CO | Locked | Locked | Locked |
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Ownership and Shareholding of Exolvo Technologies Private Limited
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Charges & Borrowings of Exolvo Technologies Private Limited
Exolvo Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Exolvo Technologies Private Limited
Exolvo Technologies Private Limited has a workforce of 0 employees as of Mar 19, 2024.
Active EPFO establishments
2
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Exolvo Technologies Private Limited
Exolvo Technologies Private Limited has 9 board changes on record since 2018: 3 appointments and 6 cessations. The latest: Rajiv Mittal ceased to be Additional Director on 31 Dec 2019.
AGM
Exolvo Technologies Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Exolvo Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai I.
Ceased
Rajiv Mittal ceased to be Additional Director.
Appointed
Prateek Ghodeshwar was appointed as Director.
Ceased
Sangeeta Kasliwal ceased to be Additional Director.
Appointed
Rajiv Mittal was appointed as Director.
Ceased
Ambar Kasliwal ceased to be Director.
Ceased
Rajiv Manoranjan Ranjan ceased to be Managing Director.
Ceased
Suneel Sayarmal Mohnot ceased to be Additional Director.
Ceased
Amarnath Jagarnath Singh ceased to be Additional Director.
Appointed
Amitkumar Jitendrakumar Shah was appointed as Additional Director.
Incorporation
11 Jan 2018
Exolvo Technologies Private Limited was registered on 11 Jan 2018 with Roc Mumbai I & aged 8 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Exolvo Technologies Private Limited
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MSME Payment Delays by Exolvo Technologies Private Limited
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Subsidiaries & Group Companies of Exolvo Technologies Private Limited
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GST Compliance of Exolvo Technologies Private Limited
Exolvo Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE9051C1ZT | Maharashtra | Active | 06 Feb 2018 |
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MCA Filings & Documents of Exolvo Technologies Private Limited
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Frequently Asked Questions about Exolvo Technologies Private Limited
Exolvo Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 11 January 2018 (8+ years old) and is registered under CIN U72501MH2018PTC304015.
Exolvo Technologies reported revenue of ₹77,100 for FY 2020.
Exolvo Technologies has 3 current directors:
- Prateek Ghodeshwar - Director
- Amitkumar Jitendrakumar Shah - Additional Director
- Rajiv Mittal - Director
Exolvo Technologies reported a net loss of ₹11.16 Lakh and EBITDA of -₹3.97 Lakh for FY 2020, as per its filed financial statements.
The GSTIN of Exolvo Technologies is 27AAECE9051C1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Exolvo Technologies is U72501MH2018PTC304015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Exolvo Technologies was incorporated on 11 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Exolvo Technologies by revenue are Upasna India Nidhi Limited, Mangla Star Marketing Private Limited, I-Max Services Limited, Ashakiran Enterprises Private Limited, Techflow Consultancy Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Rajiv Mittal ceased to be Additional Director on 31 Dec 2019. Prateek Ghodeshwar was appointed as Director on 26 Jun 2019. Sangeeta Kasliwal ceased to be Additional Director on 22 Apr 2019. Exolvo Technologies has 9 board changes on record in total.
Yes, Exolvo Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Exolvo Technologies can be reached through the website exolvotech.com. Its registered office is in Mumbai, Maharashtra, India.