About Ebixcash Financial Technologies Private Limited
Data last updated:
Ebixcash Financial Technologies Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Ebix Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 26 March 1999.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL1999PTC391893. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹17.5 Lakh and a paid-up capital of ₹12.93 Lakh. It was formerly known as Miles Software Solutions Private Limited. It was led by directors Satya Bushan Kotru and Vikas Verma.
Its last annual general meeting (AGM) was held on 27 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Flat No. 101 First Floor 4832/24 Ansari Road Darya Ganj, India, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.18 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹6.52 Cr (net margin 9.4%) and EBITDA of ₹23.65 Cr (EBITDA margin 34.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company had about 199 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 3 brands: Miles Software, Trimax and Ebix. As per MCA filings, the company had satisfied charges of ₹2.7 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 1 case is pending. The company has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹29.99 Cr; the latest was in September 2020. Its 3 peer companies in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities) are compared by revenue, 2 larger and 1 smaller; the largest is Grasko Solutions Private Limited with revenue of ₹70.55 Cr.
The last known website on record is ebix.com.
Company details
CIN history
Ebixcash Financial Technologies has one previous CIN (Corporate Identification Number): U72200MH1999PTC119143. The current CIN is U72200DL1999PTC391893, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200DL1999PTC391893 | Current |
| U72200MH1999PTC119143 | Previous |
Contact details
Ebixcash Financial Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is ebix.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 101 First Floor 4832/24 Ansari Road Darya Ganj, India, New Delhi, Delhi, India – 110002
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Ebixcash Financial Technologies Private Limited, 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
Brands
Ebixcash Financial Technologies operates multiple associated brands including Miles Software, Trimax, and Ebix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Back-office solutions are offered to wealth managers and financial institutions. | milessoft.com | |
| IT solutions for transportation and telecom sectors are provided. | trimax.in | |
| SaaS-based software suite for insurance industry is provided. | ebix.com |
Business activity
The main business activity of Ebixcash Financial Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ebixcash Financial Technologies Private Limited, buy the company report.
Financials of Ebixcash Financial Technologies Private Limited
FY 2024 filings availableEbixcash Financial Technologies Private Limited reported revenue of ₹69.18 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 10% growth in the latest year. EBITDA fell 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹23.65 Cr | ||||
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| Net Profit (PAT) | ₹6.52 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.2% | ||||
| Net Profit Margin | 9.4% | ||||
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To see the full financial statements and ratios of Ebixcash Financial Technologies Private Limited, buy the company report.
Board of directors of Ebixcash Financial Technologies Private Limited
Ebixcash Financial Technologies has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Bushan Kotru | Director | 04 Oct 2018 | 8 Years 0 Months | As last reported |
| Vikas Verma | Director | 04 Oct 2018 | 8 Years 0 Months | As last reported |
Peer comparison
Ebixcash Financial Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grasko Solutions Private Limited | ₹70.55 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India | |||
| Colab Platforms Limited | ₹70.06 Cr (FY 2025) | 3006.0% | New Delhi, Delhi, India | |||
| Ebixcash Financial Technologies Private Limitedthis company | ₹69.18 Cr (FY 2024) | ₹6.52 Cr | 9.4% | 10.0% | 199 | New Delhi, Delhi, India |
| Tsit Digital Technologies Private Limited | ₹68.12 Cr (FY 2024) | -31.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ebixcash Financial Technologies Private Limited, buy the company report.
Auditor
Ebixcash Financial Technologies Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N |
Shareholding
The shareholding of Ebixcash Financial Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ebixcash Financial Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2015 | 10598038 | Others | ₹2.7 Cr | Satisfied |
To see the full charge records of Ebixcash Financial Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Ebixcash Financial Technologies Private Limited has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹29.99 Cr; the latest was in September 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Ebixcash Limited Seller: Ebix Singapore Pte. Limited |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Ebix Technologies Private Limited , Ebix Singapore Pte. Limited Seller: Zephyr Peacock India, MM Ganatra HUF, 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: MM Ganatra HUF, 3 individuals Seller: 2 individuals |
| Nov 2015 | Secondary share transfer | Undisclosed | Seller: Zephyr Peacock India, Lighthouse Fund, Zephyr Peacock India Trust Ii |
| Jun 2011 | Funding round | ₹5 Cr | Investors: Zephyr Peacock India, Zephyr Peacock India Trust Ii |
To see the full deal history of Ebixcash Financial Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ebixcash Financial Technologies Private Limited has 11 court cases on record: 8 filed by Ebixcash Financial Technologies, 3 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
| District courts | 3 | 1 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed by the company against Unicon Securities Private Limited and Anr. | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Monarch Research and Brokerage Pvt. Ltd. | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Hedge Equities Limited and Anr. | Disposed |
| District court, Jalgaon, Maharashtra | Criminal miscellaneous application | Filed against the company | Pending |
| NCLT, Principal Bench | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ebixcash Financial Technologies Private Limited, 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 Ebixcash Financial Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ebixcash Financial Technologies Private Limited has a workforce of 199 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Ebixcash Financial Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ebixcash Financial Technologies Private Limited, buy the company report.
Recent activity
Ebixcash Financial Technologies Private Limited has 15 board changes on record since 2009: 2 appointments and 13 cessations. The latest: Sachin Seth ceased to be Additional Director on 15 Jul 2024.
9 earlier events are in the company report.
News
Frequently asked questions
Ebixcash Financial Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ebixcash Financial Technologies was a private limited company based in New Delhi, Delhi, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 26 March 1999 and is registered under CIN U72200DL1999PTC391893. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ebixcash Financial Technologies was incorporated on 26 March 1999. It is registered with the Registrar of Companies, Delhi.
Ebixcash Financial Technologies had 2 directors:
- Satya Bushan Kotru - Director
- Vikas Verma - Director
The CIN (Corporate Identification Number) of Ebixcash Financial Technologies is U72200DL1999PTC391893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ebixcash Financial Technologies is at Flat No. 101 First Floor 483224 Ansari Road Darya Ganj, India, New Delhi, Delhi, India – 110002.
Ebixcash Financial Technologies can be reached through the website ebix.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Ebixcash Financial Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 November 2024. Year-wise statements from 2015 are in the company report.
No. Ebixcash Financial Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
Ebixcash Financial Technologies operated in the information technology industry, in the software development and support services segment.
Ebixcash Financial Technologies has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹29.99 Cr; the latest was in September 2020.