About Xpcover Technologies Private Limited
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Xpcover Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 17 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC342074. Its GSTIN is 27AAACX3317Q1ZW (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shanki Ashokkumar Jain and Abhishek Kumar Sinha.
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 3 Kavarana Bldg Opp Gloria Church Byculla, Mumbai, Maharashtra, India – 400027.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.72 Lakh, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹80,000 (net margin 2.8%) and EBITDA of ₹1.23 Lakh (EBITDA margin 4.3%).
The company is associated with 1 brand: XPCover.
For more details, the company can be reached via its website xpcover.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3 Kavarana Bldg Opp Gloria Church Byculla, Mumbai, Maharashtra, India – 400027
- IndustryInternet, Online Financial Services
- 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
- One PDF report, delivered after checkout
Financials of Xpcover Technologies Private Limited FY 2025 filings available
Xpcover Technologies Private Limited reported revenue of ₹28.72 Lakh (up 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Xpcover Technologies Private Limited
Revenue rose 75% in the latest year. EBITDA rose 180% 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 of Xpcover Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹80,000 | •••• | •••• | •••• | •••• |
| 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 of Xpcover Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Xpcover Technologies are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Xpcover Technologies Private Limited
Xpcover Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hiwi Forex Transaction Services Private Limited | ₹28.83 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Snehdeep Finance Pvt. Ltd. | ₹28.81 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Deepjyot Holding and Finance Private Limited | ₹28.75 Lakh (FY 2025) | •••• | •••• | 578.0% | •••• | Mumbai, Maharashtra, India |
| Lifecycle Financial Private Limited | ₹28.73 Lakh (FY 2025) | •••• | •••• | 376.0% | •••• | Delhi, India |
| Shagun Biz Loans & Finance Private Limited | ₹28.72 Lakh (FY 2024) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Xpcover Technologies Private Limited this company | ₹28.72 Lakh (FY 2025) | •••• | •••• | 75.0% | •••• | Mumbai, Maharashtra, India |
| Iblock Technologies Private Limited | ₹28.59 Lakh (FY 2024) | •••• | •••• | -89.0% | •••• | Noida, Uttar Pradesh, India |
| Sonagiri Capital Finance Private Limited | ₹28.59 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Quantbot Securities Private Limited | ₹28.58 Lakh (FY 2025) | •••• | •••• | 83.0% | •••• | Kharagpur, West Bengal, India |
| Alpha Capital and Finance Pvt Ltd | ₹28.49 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Ahmadabad City, Gujarat, India |
| Meenakshi Finance & Properties Private Limited | ₹28.43 Lakh (FY 2025) | •••• | •••• | 45.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Xpcover Technologies by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Xpcover Technologies Private Limited
Xpcover Technologies Private Limited is audited by CA SAURABH AGARWAL for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CA SAURABH AGARWAL | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Xpcover Technologies Private Limited
Xpcover Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanki Ashokkumar Jain | Director | 17 Jul 2020 | 6 Years 2 Months | Current |
| Abhishek Kumar Sinha | Director | 17 Jul 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of Xpcover Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Xpcover Technologies Private Limited
Xpcover Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Xpcover Technologies Private Limited
Xpcover Technologies operates one associated brand: XPCover. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software for insurance sales and marketing to streamline operations. | xpcover.com |
Employees and EPFO Compliance at Xpcover Technologies Private Limited
Xpcover Technologies Private Limited has a workforce of 0 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Xpcover Technologies Private Limited
Xpcover Technologies Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Abhishek Kumar Sinha was appointed as Director on 17 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for Xpcover Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Xpcover Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Xpcover Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Xpcover Technologies Private Limited
Xpcover Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACX3317Q1ZW | Maharashtra | Active | 07 Feb 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Xpcover Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Xpcover Technologies Private Limited
Xpcover Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 17 July 2020 (6+ years old) and is registered under CIN U72900MH2020PTC342074.
Xpcover Technologies reported revenue of ₹28.72 Lakh for FY 2025 (up 75% YoY).
Xpcover Technologies has 2 current directors:
- Shanki Ashokkumar Jain - Director
- Abhishek Kumar Sinha - Director
Xpcover Technologies reported a net profit of ₹80,000 (net margin 2.8%) and EBITDA of ₹1.23 Lakh (EBITDA margin 4.3%) for FY 2025, as per its filed financial statements.
The GSTIN of Xpcover Technologies is 27AAACX3317Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Xpcover Technologies is U72900MH2020PTC342074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xpcover Technologies was incorporated on 17 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Xpcover Technologies by revenue are Hiwi Forex Transaction Services Private Limited, Snehdeep Finance Pvt. Ltd, Deepjyot Holding and Finance Private Limited, Lifecycle Financial Private Limited, Shagun Biz Loans & Finance Private Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Abhishek Kumar Sinha was appointed as Director on 17 Jul 2020. Shanki Ashokkumar Jain was appointed as Director on 17 Jul 2020.
Yes, Xpcover Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Xpcover Technologies can be reached through the website xpcover.com. Its registered office is in Mumbai, Maharashtra, India.