Elixia Tech Solutions Limited - Due diligence report

A 360° intelligence report on Elixia Tech Solutions: trust score, financial health, credit view, compliance, directors, growth and distress …

2011-07-13 Mumbai, Maharashtra Active Unlisted Active Compliant
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Elixia Tech Solutions — 360° Intelligence Report

Generated from MCA filings & public records
80/100
Trust Score
Low Risk

Elixia Tech Solutions is assessed as Low Risk with a Trust Score of 80/100. Elixia Tech Solutions is an active public limited indian non-government company incorporated in 2011, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 18 Jul 2026 from the latest processed filings. Elixia Tech Solutions Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
80/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
20/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 20/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).

Charges position: 1 open (1.45 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited1 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
MICKIN MUKUND SHETH 01234567 Director 01/04/2018 6 yrs Approved
SANKET MUKUND SHETH 01234567 Director 01/04/2018 6 yrs Approved
MUKUND RATILAL SHETH 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
10 allotment(s) · 6 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
EPFO headcount growing - hiring signal.
Operating for 15+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
1 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence86/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment46/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 1.45 cr already registered.
  • Compliance record supports lending.
Investor view68/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
01 Dec 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
28 Feb 2023
Director ceased
MIHIR BHARAT RAVANI
01 Nov 2021
Securities allotted
199600 Preference Shares - 100.00 Lakh raised
15 Sep 2021
Securities allotted
142452 Equity Shares - 14.25 Lakh raised
06 Sep 2021
Securities allotted
10 Equity Shares - 501.00 raised
Securities allotted
1083623 Preference Shares - 5.43 cr raised
31 Mar 2021
Share transfer (FY 2021)
300000.00000000 shares to Mukund Ratilal Sheth
22 Feb 2020
Securities allotted
200000 Equity Shares - 26.00 Lakh raised
31 Mar 2019
Share transfer (FY 2019)
50000.00000000 shares to Mukund Sheth HUF
Share transfer (FY 2019)
50000.00000000 shares to Sanket Sheth HUF
Share transfer (FY 2019)
50000.00000000 shares to Harsha Sheth
Share transfer (FY 2019)
100000.00000000 shares to Mickin Sheth HUF
Share transfer (FY 2019)
100000.00000000 shares to Shachi Sheth
23 Mar 2019
Securities allotted
650000 Equity Shares - 84.50 Lakh raised
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 10 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Ecotech It Solutions U72900PN2000PTC014782 Pune City, Maharashtra, India
Softlink U72200PN1997PTC105367 Pune, Maharashtra, India
Digitech Global Private Limited U72900DL2017PTC316734 New Delhi, Delhi, India
Kramer Research And Development India Private Limited U74120UP2014PTC066877 Noida, Uttar Pradesh, India
Fincuro U72200KL2012PTC030322 Trivandrum, Kerala, India
Savitriya Technologies U72200GJ2009PTC056613 Ahmadabad City, Gujarat, India
Mirabel Technologies India Private Limited U72200TG2012FTC082295 Hyderabad, Telangana, India
Conversenow Semantics Private Limited U72900KA2018PTC114465 Bengaluru, Karnataka, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Elixia Tech Solutions before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Elixia Tech Solutions: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 20/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 85/100, margin trends, ownership structure and peer set for Elixia Tech Solutions - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 80/100, distress signals and MSME payment-delay disclosures - know whether Elixia Tech Solutions pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Elixia Tech Solutions - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Elixia Tech Solutions an active company?

Elixia Tech Solutions has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Elixia Tech Solutions financially healthy?

Elixia Tech Solutions has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Elixia Tech Solutions?

Its overall Trust Score is 80/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Elixia Tech Solutions?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Elixia Tech Solutions have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Elixia Tech Solutions up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Elixia Tech Solutions?

Its Credit Risk Score is 20/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.