
Xcellon Education Limited
About Xcellon Education Limited
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Xcellon Education Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Levana Financial Services Limited. It operates in the corporate training and development segment of the education sector. It was incorporated on 26 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80301GJ2008PLC055138. Its GSTIN is 24AAACX0682N1Z2 (Gujarat).
The company has an authorised share capital of ₹4.01 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Nirav Pravinchandra Chokshi and Beena Chandrashekhar Hiremath.
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 10th Floor Sangeeta Complex Near Parimal Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2024, the company reported a revenue of ₹20,000. For the same year it recorded a net loss of ₹43,753 (net margin -218.8%) and EBITDA of -₹43,152 (EBITDA margin -215.8%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 64% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Xcellon School of Business. As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Xcellon Education Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address10th Floor Sangeeta Complex Near Parimal Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryEducation, Corporate Training & Development
To see the full contact details of Xcellon Education 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
Xcellon Education operates one associated brand: Xcellon School of Business. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business college offering management degrees to aspiring professionals. | xcelloninstitute.com |
Business activity
The main business activity of Xcellon Education is education. In detail, this covers primary & secondary education services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services |
To see the full business activity and turnover split of Xcellon Education Limited, buy the company report.
Financials of Xcellon Education Limited
FY 2025 filings availableXcellon Education Limited reported revenue of ₹20,000 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years. EBITDA fell 105% 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 | -₹43,152 | ||||
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| Net Profit (PAT) | -₹43,753 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -215.8% | ||||
| Net Profit Margin | -218.8% | ||||
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To see the full financial statements and ratios of Xcellon Education Limited, buy the company report.
Board of directors of Xcellon Education Limited
Xcellon Education has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Pravinchandra Chokshi Also directs: Cygnus Laboratories Limited, Xcelris Labs Limited | Director | 23 Aug 2023 | 3 Years 2 Months | Current |
| Beena Chandrashekhar Hiremath Also directs: Abellon Cleanenergy Limited | Director | 26 Sep 2008 | 18 Years 1 Months | Current |
| Ranchhodbhai Bhikhabhai Panchal | Director | 07 Sep 2018 | 8 Years 2 Months | Current |
Auditor
Xcellon Education Limited is audited by TALATI & TALATI for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TALATI & TALATI | FY 2018 | 110758W |
Shareholding
The shareholding of Xcellon Education Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Xcellon Education Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2009 | 10169865 | Andhra Bank | ₹5 Cr | Satisfied |
To see the full charge records of Xcellon Education Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Xcellon Education Limited has 1 court case on record: 1 filed by Xcellon Education. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Dy. Commissioner of Income Tax, TDS Circle | Pending |
To see the full case history of Xcellon Education 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 Xcellon Education Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Xcellon Education Limited has a workforce of 8 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Xcellon Education has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACX0682N1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Xcellon Education Limited, buy the company report.
Recent activity
Xcellon Education Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Nirav Pravinchandra Chokshi ceased to be Additional Director on 28 Sep 2023.
4 earlier events are in the company report.
Frequently asked questions
Xcellon Education is an active public limited company based in Ahmedabad, Gujarat, India. The company works in corporate training and development, within the education industry. It was incorporated on 26 September 2008 (18+ years old) and is registered under CIN U80301GJ2008PLC055138.
Xcellon Education has 3 current directors:
- Nirav Pravinchandra Chokshi - Director
- Beena Chandrashekhar Hiremath - Director
- Ranchhodbhai Bhikhabhai Panchal - Director
The latest financial statements of Xcellon Education 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 2015 are in the company report.
The GSTIN of Xcellon Education is 24AAACX0682N1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Xcellon Education is U80301GJ2008PLC055138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xcellon Education has 1 court case on record: 1 filed by the company. 1 is pending.
Xcellon Education was incorporated on 26 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nirav Pravinchandra Chokshi ceased to be Additional Director on 28 Sep 2023. Nirav Pravinchandra Chokshi was appointed as Director on 23 Aug 2023. Ranchhodbhai Bhikhabhai Panchal ceased to be Additional Director on 27 Sep 2018. Xcellon Education has 11 board changes on record in total.
The registered office of Xcellon Education is at 10th Floor Sangeeta Complex Near Parimal Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006.
Xcellon Education operates in the education industry, in the corporate training and development segment.

