- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0058814

About Axora Resources Limited
Data last updated:
Axora Resources Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Axora Resources Singapore Pte. Ltd.. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 03 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U01211WB1995PLC067061. Its GSTIN is 19AAACN9658G1Z0 (West Bengal). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹56 Cr and a paid-up capital of ₹54 Cr. It was formerly known as Newmann Supply Private Limited and Newmann Engineering Private Limited. It is led by directors Vijendra Kedia (Whole-Time Director) and Riddhi Vijendra Kedia.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1 A.J.C.Bose Road 4th Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2024, the company reported a revenue of ₹116.52 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹4.78 Cr (net margin -4.1%) and EBITDA of ₹7.85 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 34% over five years.
The company has about 133 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹70.11 Cr and satisfied charges of ₹52.09 Lakh on record. Court records list 23 cases involving the company, including 14 filed by the company and 9 filed against it; 8 cases are pending. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹54.62 Cr; the latest was in August 2022.
Axora Resources Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0058814). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axoraresources.com.
Company details
Name history
Axora Resources has undergone 6 name changes throughout its history. The current legal name is Axora Resources Limited.
| Company Name | Status |
|---|---|
| Axora Resources Limited | Current |
| Newmann Supply Private Limited | Previous |
| Newmann Engineering Private Limited | Previous |
| Newmann Engineering Pvt Ltd | Previous |
| Axora Resources Singapore Pte Ltd | Previous |
| Axora Resources Private Limited | Previous |
| Newmann Supply Pvt Ltd | Previous |
CIN history
Axora Resources has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U01211WB1995PLC067061, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01211WB1995PLC067061 | Current |
| U99999WB1995PTC067061 | Previous |
| U01211WB1995PTC067061 | Previous |
Recognitions & Rankings of Axora Resources
Contact details
Axora Resources Limited's registered office is in Kolkata, West Bengal. Its website is axoraresources.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 A.J.C.Bose Road 4th Floor, Kolkata, West Bengal, India – 700020
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Axora Resources 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
Business activity
The main business activities of Axora Resources are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Axora Resources Limited, buy the company report.
Financials of Axora Resources Limited
FY 2024 filings availableAxora Resources Limited reported revenue of ₹116.52 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 27% 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 | ₹7.85 Cr | ||||
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| Net Profit (PAT) | -₹4.78 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 | 6.7% | ||||
| Net Profit Margin | -4.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Axora Resources Limited, buy the company report.
Board of directors of Axora Resources Limited
Axora Resources has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riddhi Vijendra Kedia | Director | 23 Jan 2017 | 9 Years 9 Months | Current |
| Vijendra Kedia | Whole-Time Director | 28 Jul 2005 | 21 Years 2 Months | Current |
Auditor
Axora Resources Limited is audited by Chunder Khator & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chunder Khator & Associates | FY 2023 | 322463E |
Shareholding
The shareholding of Axora Resources 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 Axora Resources Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2023 | 100724662 | Others | ₹23 Lakh | Open | |
| 19 Aug 2022 | 100612473 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 26 Jul 2022 | 100622906 | Others | ₹2.89 Lakh | Open | |
| 27 Apr 2022 | 100570278 | Others | ₹22.83 Lakh | Open | |
| 14 Dec 2021 | 100521086 | Others | ₹11.98 Lakh | Open |
To see the full charge records of Axora Resources Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Axora Resources Limited has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹54.62 Cr; the latest was in August 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round | ₹1.59 Cr | Investors: Axora Resources Singapore Pte Limited, Erbicore Global Dmcc |
| Jun 2022 | Funding round | ₹2.2 Cr | Investors: Axora Resources Singapore Pte Limited |
| Jan 2019 | Funding round | ₹7.67 Cr | Investors: Axora Resources Singapore Pte Limited |
| Jun 2017 | Funding round | ₹33.63 Cr | Investors: Axora Resources Singapore Pte Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
To see the full deal history of Axora Resources 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
Axora Resources Limited has 23 court cases on record: 14 filed by Axora Resources, 9 filed against it. 8 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 6 | 3 |
| High courts | 8 | 3 | 5 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Arbitration matter | Filed against the company by M/S Zamil Construction India Pvt Ltd Aditya Mondal | Pending |
| High Court, West Bengal | Arbitration matter | Filed against the company by M/S Zamil Steel Buildings India Pvt Ltd Aditya Mondal | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Apex Buildsys Ltd. and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Reserve Bank of India and 1 other | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Ms Lanexis Enterprises Pvt Ltd | Disposed |
To see the full case history of Axora Resources 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 Axora Resources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Axora Resources Limited has a workforce of 133 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Axora Resources has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACN9658G1Z0 | West Bengal | Active | 01 Jul 2017 |
| 37AAACN9658G1Z2 | Andhra Pradesh | Active | 01 Oct 2017 |
| 27AAACN9658G1Z3 | Maharashtra | Active | 22 Dec 2021 |
To see the full GST registrations and return filing status of Axora Resources Limited, buy the company report.
Recent activity
Axora Resources Limited has 14 board changes on record since 1995: 8 appointments and 6 cessations. The latest: Abhay Mishra ceased to be Director on 15 Apr 2024.
20 earlier events are in the company report.
Frequently asked questions
Axora Resources is an active public limited company based in Kolkata, West Bengal, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 03 January 1995 (31+ years old) and is registered under CIN U01211WB1995PLC067061.
Axora Resources has 2 current directors:
- Vijendra Kedia - Whole-Time Director
- Riddhi Vijendra Kedia - Director
The latest financial statements of Axora Resources on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Axora Resources is 19AAACN9658G1Z0, registered in West Bengal. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 37AAACN9658G1Z2 (Andhra Pradesh), 27AAACN9658G1Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Axora Resources is U01211WB1995PLC067061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axora Resources has 23 court cases on record: 14 filed by the company and 9 filed against it. 8 are pending. Most are in the district courts.
Axora Resources was incorporated on 03 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Axora Resources has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹54.62 Cr; the latest was in August 2022.
Abhay Mishra ceased to be Director on 15 Apr 2024. Abhay Mishra was appointed as Director on 12 Oct 2021. Zahir Wahab ceased to be Director on 22 Jul 2021. Axora Resources has 14 board changes on record in total.
Yes, Axora Resources is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0058814).