About Fair Vinimay Services Private Limited
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Fair Vinimay Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ekosh Financial Services Private Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 13 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC266575. Its GSTIN is 27AACCF6140M1ZH (Maharashtra).
The company has an authorised share capital of ₹4.4 Cr and a paid-up capital of ₹3.78 Cr. It is led by directors including Sangeet Pawankumar Modi and Mahendra Kumar Agrawal.
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 Unit No 1014 10th Floor The Summit Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.98 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹1.62 Lakh (net margin -10.2%) and EBITDA of ₹60,700 (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company is associated with 1 brand: IndiaMoneyMart. Court records list 61 cases involving the company, including 61 filed by the company; 60 cases are pending. The company has 10 deals on record (4 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹3.27 Cr; the latest was in December 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiamoneymart.com.
Company details
Contact details
Fair Vinimay Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is indiamoneymart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressUnit No 1014 10th Floor The Summit Business Park Premises Chsl, B/H Guru Nanak Petrol Pump Near Western Express Highway Metro Station Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, NBFC
To see the full contact details of Fair Vinimay Services Private 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
Fair Vinimay Services operates one associated brand: IndiaMoneyMart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IndiaMoneyMart is operated as a peer-to-peer lending platform in India. | indiamoneymart.com |
Business activity
The main business activity of Fair Vinimay Services is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Fair Vinimay Services Private Limited, buy the company report.
Financials of Fair Vinimay Services Private Limited
FY 2024 filings availableFair Vinimay Services Private Limited reported revenue of ₹15.98 Lakh (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 559% 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 | ₹60,700 | ||||
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| Net Profit (PAT) | -₹1.62 Lakh | ||||
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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 | 3.8% | ||||
| Net Profit Margin | -10.2% | ||||
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To see the full financial statements and ratios of Fair Vinimay Services Private Limited, buy the company report.
Board of directors of Fair Vinimay Services Private Limited
Fair Vinimay Services has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeet Pawankumar Modi Also directs: Tex-Tree Commodities Private Limited, HBG Medical Assistance Private Limited, Compu-Tree Infotech Private Limited and 1 more | Director | 13 Jul 2015 | 11 Years 3 Months | Current |
| Mahendra Kumar Agrawal | Director | 13 Jul 2015 | 11 Years 3 Months | Current |
| Veena Saxena | Director | 14 Jul 2021 | 5 Years 3 Months | Current |
| Amit Saxena Also directs: Mkosh Finance Private Limited, Onekosh Financial Services Private Limited, Growkosh Services Private Limited and 1 more | Director | 04 Jan 2021 | 5 Years 10 Months | Current |
Auditor
Fair Vinimay Services Private Limited is audited by Govind Prasad & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Govind Prasad & Co. | FY 2023 | 114360W |
Shareholding
The shareholding of Fair Vinimay Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fair Vinimay Services Private Limited, buy the company report.
Deals & funding
Fair Vinimay Services Private Limited has 10 deals on record (4 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹3.27 Cr; the latest was in December 2020.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Funding round | ₹38 Lakh | Investors: Ekosh Financial Services Private Limited |
| Jun 2020 | Rights issue | ₹9 Lakh | Investors: Epic Marketing Company Pvt Ltd , Sangeet Modi HUF, 2 individuals |
| Mar 2019 | Rights issue | ₹41 Lakh | Investors: 4 individuals |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: Epic Marketing Company Pvt Ltd Seller: Sangeet Modi HUF |
| Apr 2018 | Funding round | ₹1.46 Cr | Investors: Epikentros Technology Private Limited , Sangeet Modi HUF, Epic Marketing Company Pvt Ltd , an individual |
To see the full deal history of Fair Vinimay Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fair Vinimay Services Private Limited has 61 court cases on record: 61 filed by Fair Vinimay Services. 60 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 61 | 0 | 60 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Fair Vinimay Services Private 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 Fair Vinimay Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fair Vinimay Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF6140M1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fair Vinimay Services Private Limited, buy the company report.
Recent activity
Fair Vinimay Services Private Limited has 8 board changes on record since 2015: 4 appointments and 4 cessations. The latest: Amit Saxena ceased to be Additional Director on 30 Nov 2021.
News
Frequently asked questions
Fair Vinimay Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 13 July 2015 (11+ years old) and is registered under CIN U74999MH2015PTC266575.
Fair Vinimay Services has 4 current directors:
- Sangeet Pawankumar Modi - Director
- Mahendra Kumar Agrawal - Director
- Veena Saxena - Director
- Amit Saxena - Director
The latest financial statements of Fair Vinimay Services 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 FY 2016 are in the company report.
The GSTIN of Fair Vinimay Services is 27AACCF6140M1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fair Vinimay Services is U74999MH2015PTC266575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fair Vinimay Services has 61 court cases on record: 61 filed by the company. 60 are pending.
Fair Vinimay Services was incorporated on 13 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Fair Vinimay Services has 10 deals on record (4 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹3.27 Cr; the latest was in December 2020.
Amit Saxena ceased to be Additional Director on 30 Nov 2021. Veena Saxena ceased to be Additional Director on 30 Nov 2021. Rajesh Kumar Gupta ceased to be Director on 27 Jul 2021. Fair Vinimay Services has 8 board changes on record in total.
Fair Vinimay Services can be reached through the website indiamoneymart.com. Its registered office is in Mumbai, Maharashtra, India.
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