Mxi Coders Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72200GJ2011PTC068300 Incorporated 20 December 2011 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹1.13 Cr
▼ 5% YoY
Net profit · FY 2025
₹1.85 Lakh
Net margin 1.6%
EBITDA · FY 2025
₹7.01 Lakh
EBITDA margin 6.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹20.37 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings

About Mxi Coders Private Limited

Data last updated:

Mxi Coders Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 December 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2011PTC068300. Its GSTIN is 24AAKCA1033E1ZB (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ask Bitsoft Private Limited. It is led by directors including Ashok Hamirbhai Rathod and Hiteshkumar Manilal Solanki.

Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 409 Akik Tower Nr. Parshwa Tower Sarkhej – Gandhinagar Highway Bodekdev, Ahmedabad, Gujarat, India – 380054.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.13 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.85 Lakh (net margin 1.6%) and EBITDA of ₹7.01 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 15% over five years.

The company is associated with 1 brand: Mxicoders. As per MCA filings, the company has open charges of ₹20.37 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mxicoders.com.

Company details

CIN U72200GJ2011PTC068300
Registration Number 068300
Incorporation Date 20 December 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Mxi Coders Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mxicoders.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    409 Akik Tower Nr. Parshwa Tower Sarkhej – Gandhinagar Highway Bodekdev, Ahmedabad, Gujarat, India – 380054
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Mxi Coders Private Limited, buy the company report.

Comprehensive company report
Mxi Coders 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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Brands

Mxi Coders operates one associated brand: Mxicoders. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers software development, blockchain, mobile apps, and eCommerce solutions for businesses.mxicoders.com

Business activity

The main business activity of Mxi Coders is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Mxi Coders Private Limited, buy the company report.

Financials of Mxi Coders Private Limited

FY 2025 filings available

Mxi Coders Private Limited reported revenue of ₹1.13 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹1.13 Cr ▼ 5%
Net profit · FY 2025
₹1.85 Lakh margin 1.6%
EBITDA · FY 2025
₹7.01 Lakh margin 6.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 2%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 12%
5 years · compounded
▲ 13%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 28% 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₹7.01 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.85 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 Margin6.2%
Net Profit Margin1.6%
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 Mxi Coders Private Limited, buy the company report.

Board of directors of Mxi Coders Private Limited

Mxi Coders has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashok Hamirbhai RathodDirector17 Oct 20224 Years 0 MonthsCurrent
Hiteshkumar Manilal SolankiDirector20 Dec 201114 Years 10 MonthsCurrent
Anjali Ashok RathodDirector20 Dec 201114 Years 10 MonthsCurrent

Auditor

Mxi Coders Private Limited is audited by DOSHI BHIMANI & ASSOCIATES LLP for the financial year 2021.

Auditor firmFinancial yearFirm registration number
DOSHI BHIMANI & ASSOCIATES LLPFY 2021W100594

Shareholding

The shareholding of Mxi Coders Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mxi Coders Private Limited, buy the company report.

Charges & borrowings

Open charges
₹20.37 Lakh
Satisfied charges
None
Breakdown by lending institutions
Yes Bank Limited₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Dec 2018100238569Yes Bank Limited₹20.37 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

Mxi Coders has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAKCA1033E1ZBGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Mxi Coders Private Limited, buy the company report.

Recent activity

Mxi Coders Private Limited has 7 board changes on record since 2011: 5 appointments and 2 cessations. The latest: Ashok Hamirbhai Rathod was appointed as Director on 17 Oct 2022.

AGM
Mxi Coders Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Filing
Mxi Coders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Ashok Hamirbhai Rathod was appointed as Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 20.37 Lakh with Charge ID 100238569 was registered on 06 Dec 2018.
Ceased
Deepali Kalpesh Vaza ceased to be Director.
Ceased
Kalpeshkumar Malabhai Vaza ceased to be Director.
Appointed
Anjali Ashok Rathod was appointed as Director.
Appointed
Deepali Kalpesh Vaza was appointed as Director.
Appointed
Hiteshkumar Manilal Solanki was appointed as Director.
Appointed
Kalpeshkumar Malabhai Vaza was appointed as Director.
Incorporation
20 Dec 2011
Mxi Coders Private Limited was registered on 20 Dec 2011 with Roc Ahmedabad & aged 14 years 10 months as per MCA records.

Frequently asked questions

Mxi Coders is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 December 2011 (15+ years old) and is registered under CIN U72200GJ2011PTC068300.

Mxi Coders has 3 current directors:

The latest financial statements of Mxi Coders on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mxi Coders is 24AAKCA1033E1ZB, registered in Gujarat.

The CIN (Corporate Identification Number) of Mxi Coders is U72200GJ2011PTC068300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mxi Coders was incorporated on 20 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ashok Hamirbhai Rathod was appointed as Director on 17 Oct 2022. Deepali Kalpesh Vaza ceased to be Director on 17 Aug 2012. Kalpeshkumar Malabhai Vaza ceased to be Director on 17 Aug 2012. Mxi Coders has 7 board changes on record in total.

Mxi Coders can be reached through the website mxicoders.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Mxi Coders is at 409 Akik Tower Nr. Parshwa Tower Sarkhej – Gandhinagar Highway Bodekdev, Ahmedabad, Gujarat, India – 380054.

Mxi Coders operates in the information technology industry, in the application development and software solutions segment.