Haxar Insurance Services Private Limited

Haxar Insurance Services Private Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U66000MH2019PTC319313 Incorporated 09 January 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2025
₹2.48 Cr
▲ 78% YoY
Net profit · FY 2025
₹21.25 Lakh
Net margin 8.6%
EBITDA · FY 2025
₹39.34 Lakh
EBITDA margin 15.9%
Authorised capital
₹2.45 Cr
Registered with MCA
Paid-up capital
₹2.36 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Haxar Insurance Services Private Limited

Data last updated:

Haxar Insurance Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the health insurance providers segment of the financial services sector. It was incorporated on 09 January 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66000MH2019PTC319313. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2.45 Cr and a paid-up capital of ₹2.36 Cr. It is led by directors Kanchana Viresh Kumar and Shashank Viresh Kumar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 101 – A Sandeep Sarovar Svp Nagar Four Bunglow Andheri West, Mumbai, Maharashtra, India – 400053.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.48 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹21.25 Lakh (net margin 8.6%) and EBITDA of ₹39.34 Lakh (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.

Court records list 1 case involving the company, including 1 filed against it.

Haxar Insurance Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0060571). For more details, the company can be reached via its website haxarinsurance.com.

Company details

CIN U66000MH2019PTC319313
Registration Number 319313
Incorporation Date 09 January 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0060571

Recognitions & Rankings of Haxar Insurance Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0060571

Contact details

Haxar Insurance Services Private Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    101 – A Sandeep Sarovar Svp Nagar Four Bunglow Andheri West, Mumbai, Maharashtra, India – 400053
  • Industry
    Financial Services, Health Insurance Providers, General Insurance Providers
Comprehensive company report
Haxar Insurance Services Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Haxar Insurance Services is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK3Life/Non-life Insurance and Reinsurance activities

To see the full business activity and turnover split of Haxar Insurance Services Private Limited, buy the company report.

Financials of Haxar Insurance Services Private Limited

FY 2025 filings available

Haxar Insurance Services Private Limited reported revenue of ₹2.48 Cr (up 78% YoY) for FY 2025.

Revenue · FY 2025
₹2.48 Cr ▲ 78%
Net profit · FY 2025
₹21.25 Lakh margin 8.6%
EBITDA · FY 2025
₹39.34 Lakh margin 15.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 78%
3 years · compounded
▼ 6%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 274%
3 years · compounded
▲ 10%
5 years · compounded
▲ 20%

Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 78% growth in the latest year. EBITDA rose 274% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹39.34 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.25 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15.9%
Net Profit Margin8.6%
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

To see the full financial statements and ratios of Haxar Insurance Services Private Limited, buy the company report.

Board of directors of Haxar Insurance Services Private Limited

Haxar Insurance Services has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kanchana Viresh KumarDirector09 Jan 20197 Years 10 MonthsCurrent
Shashank Viresh KumarDirector09 Jan 20197 Years 10 MonthsCurrent

Peer comparison

Haxar Insurance Services Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (General Insurance, Health Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Safetynet Insurance Services Private Limited₹2.84 Cr (FY 2025)51.0%Mumbai, Maharashtra, India
Haxar Insurance Services Private Limitedthis company₹2.48 Cr (FY 2025)₹21.25 Lakh8.6%78.0%Mumbai, Maharashtra, India
Kun Capital Finserv Imf Private Limited₹2.42 Cr (FY 2024)289.0%Chennai, Tamil Nadu, India
Satabdi Insurance Broker Limited₹2.15 Cr (FY 2025)13.0%Kolkata, West Bengal, India

To see the full peer comparison of Haxar Insurance Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Haxar Insurance Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Haxar Insurance Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Haxar Insurance Services Private Limited, buy the company report.

Recent activity

Haxar Insurance Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kanchana Viresh Kumar was appointed as Director on 09 Jan 2019.

AGM
Haxar Insurance Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Haxar Insurance Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Kanchana Viresh Kumar was appointed as Director.
Appointed
Shashank Viresh Kumar was appointed as Director.
Incorporation
09 Jan 2019
Haxar Insurance Services Private Limited was registered on 09 Jan 2019 with Roc Mumbai & aged 7 years 10 months as per MCA records.

Frequently asked questions

Haxar Insurance Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in health insurance providers, within the financial services industry. It was incorporated on 09 January 2019 (7+ years old) and is registered under CIN U66000MH2019PTC319313.

Haxar Insurance Services has 2 current directors:

The latest financial statements of Haxar Insurance Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.

No. Haxar Insurance Services has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Haxar Insurance Services is U66000MH2019PTC319313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Haxar Insurance Services has 1 court case on record: 1 filed against it.

Haxar Insurance Services was incorporated on 09 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Haxar Insurance Services by revenue are Safetynet Insurance Services Private Limited, Kun Capital Finserv Imf Private Limited, Satabdi Insurance Broker Limited, all in the BFSI industry (General Insurance, Health Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities).

Kanchana Viresh Kumar was appointed as Director on 09 Jan 2019. Shashank Viresh Kumar was appointed as Director on 09 Jan 2019.

Yes, Haxar Insurance Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0060571).

Haxar Insurance Services can be reached through the website haxarinsurance.com. Its registered office is in Mumbai, Maharashtra, India.