VXL Software Solutions Private Limited

VXL Software Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2013PTC245029 Incorporated 29 June 2013 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Insolvency Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹41.07 Lakh
▼ 93% YoY
Net loss · FY 2024
₹17.2 Cr
Latest filing
EBITDA · FY 2024
-₹16.54 Cr
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
57
Provident fund records
Directors on board
3
As per MCA filings

About VXL Software Solutions Private Limited

Data last updated:

VXL Software Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Aurotech Technology Dmcc. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 June 2013.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC245029. Its GSTIN is 27AAECV4904H1ZA (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Verixo Technologies Private Limited. It is led by directors including Jayanti Lal Jain (Irp/Rp/Liquidator) and Sushil Kaluram Sakpal.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Wework Vaswani Chambers 2nd Floor 264 – 265 Dr. Annie Besant Road, Shivaji Nagar Worli Mumbai, Maharashtra, India – 400030.

As per the financials filed for FY 2024, the company reported a revenue of ₹41.07 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹17.2 Cr and EBITDA of -₹16.54 Cr. Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 23% over five years.

The company has about 57 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: VXL Software.

The last known website on record is vxlsoftware.com.

Company details

CIN U74120MH2013PTC245029
Registration Number 245029
Incorporation Date 29 June 2013
ROC Mumbai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Aurotech Technology Dmcc
Compliance Status Active Compliant

Contact details

VXL Software Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is vxlsoftware.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Wework Vaswani Chambers 2nd Floor 264 – 265 Dr. Annie Besant Road, Shivaji Nagar Worli Mumbai, Maharashtra, India – 400030
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of VXL Software Solutions Private Limited, buy the company report.

Comprehensive company report
VXL Software Solutions 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

VXL Software Solutions operates one associated brand: VXL Software. Each brand links to its own profile.

BrandDescriptionWebsite
Provides endpoint device management and security solutions.vxlsoftware.com

Business activity

The main business activity of VXL Software Solutions is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of VXL Software Solutions Private Limited, buy the company report.

Financials of VXL Software Solutions Private Limited

FY 2024 filings available

VXL Software Solutions Private Limited reported revenue of ₹41.07 Lakh (down 93% YoY) for FY 2024.

Revenue · FY 2024
₹41.07 Lakh ▼ 93%
Net loss · FY 2024
₹17.2 Cr
EBITDA · FY 2024
-₹16.54 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 93%
3 years · compounded
▼ 54%
5 years · compounded
▼ 23%
EBITDA CAGR growth
3 years · compounded
▼ 168%
5 years · compounded
▼ 117%

Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 93% fall 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹16.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹17.2 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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

To see the full financial statements and ratios of VXL Software Solutions Private Limited, buy the company report.

Board of directors of VXL Software Solutions Private Limited

VXL Software Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Amit Kumar DeyAdditional Director27 Nov 20241 Years 11 MonthsAs last reported
Jayanti Lal JainIrp/Rp/Liquidator29 Mar 20251 Years 7 MonthsAs last reported
Sushil Kaluram SakpalDirector30 Sep 20242 Years 1 MonthsAs last reported

Peer comparison

VXL Software Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
MCG Electrocontrols Pvt. Ltd.₹41.25 Lakh (FY 2021)-19.0%Kolkata, West Bengal, India
Amitus Interior Solutions Private Limited₹41.21 Lakh (FY 2022)1.0%Bangalore, Karnataka, India
Hiko Washi Private Limited₹41.19 Lakh (FY 2019)223.0%Peenya, Karnataka, India
As Electrical Engineers Private Limited₹41.18 Lakh (FY 2024)3.0%Guduvancheri, Tamil Nadu, India
Varshney Civil and Interiors Private Limited₹41.13 Lakh (FY 2025)62.0%Delhi, India
VXL Software Solutions Private Limitedthis company₹41.07 Lakh (FY 2024)-₹17.2 Cr-93.0%57Mumbai, Maharashtra, India
Reform Design & Planning Cell Private Limited₹41.02 Lakh (FY 2025)606.0%Ahmedabad, Gujarat, India
Beaucode Engineering Private Limited₹41 Lakh (FY 2025)59.0%Kolkata, West Bengal, India
Elina Solutions Private Limited₹40.95 Lakh (FY 2025)-91.0%Pune, Maharashtra, India
Raska Concept & Contracts Private Limited₹40.89 Lakh (FY 2018)-54.0%New Delhi, Delhi, India
Own Door Private Limited₹40.83 Lakh (FY 2024)Gurgaon, Haryana, India

To see the full peer comparison of VXL Software Solutions Private Limited, buy the company report.

Auditor

VXL Software Solutions Private Limited is audited by M L Bhuwania And Co LLP for the financial year 2021.

Auditor firmFinancial yearFirm registration number
M L Bhuwania And Co LLPFY 2021101484W/W100197

Shareholding

The shareholding of VXL Software Solutions 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 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of VXL Software Solutions Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

VXL Software Solutions Private Limited has a workforce of 57 employees on its EPFO records as of Aug 2023, across 1 active EPFO establishment.

Employee count
57
Active EPFO establishments
1
Employee growth
-55.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2023-2457
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of VXL Software Solutions Private Limited, buy the company report.

GST

VXL Software Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECV4904H1ZAMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of VXL Software Solutions Private Limited, buy the company report.

Recent activity

VXL Software Solutions Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Jayanti Lal Jain was appointed as Irp/Rp/Liquidator on 29 Mar 2025.

Appointed
Jayanti Lal Jain was appointed as Irp/Rp/Liquidator.
Appointed
Amit Kumar Dey was appointed as Additional Director.
Ceased
Saroj Bhuwania ceased to be Director.
AGM
Vxl Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Sushil Kaluram Sakpal was appointed as Director.
Filing
Vxl Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Shruti Bhuwania ceased to be Additional Director.
Ceased
Aditya Arunkumar Bhuwania ceased to be Director.
Incorporation
29 Jun 2013
Vxl Software Solutions Private Limited was registered on 29 Jun 2013 with Roc Mumbai & aged 13 years 4 months as per MCA records.

Frequently asked questions

VXL Software Solutions is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

VXL Software Solutions is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 June 2013 and is registered under CIN U74120MH2013PTC245029. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

VXL Software Solutions has 3 current directors:

The latest financial statements of VXL Software Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of VXL Software Solutions is U74120MH2013PTC245029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

VXL Software Solutions was incorporated on 29 June 2013. It is registered with the Registrar of Companies, Mumbai.

The peers of VXL Software Solutions by revenue are MCG Electrocontrols Pvt. Ltd, Amitus Interior Solutions Private Limited, Hiko Washi Private Limited, As Electrical Engineers Private Limited, Varshney Civil and Interiors Private Limited and 5 more, all in the same principal business activity (architecture, engineering activities, technical testing and analysis activities).

Jayanti Lal Jain was appointed as Irp/Rp/Liquidator on 29 Mar 2025. Amit Kumar Dey was appointed as Additional Director on 27 Nov 2024. Saroj Bhuwania ceased to be Director on 27 Nov 2024. VXL Software Solutions has 6 board changes on record in total.

VXL Software Solutions can be reached through the website vxlsoftware.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of VXL Software Solutions is at Wework Vaswani Chambers 2nd Floor 264 – 265 Dr. Annie Besant Road, Shivaji Nagar Worli Mumbai, Maharashtra, India – 400030.

The GSTIN of VXL Software Solutions is 27AAECV4904H1ZA, registered in Maharashtra.