
About Gmoney Private Limited
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Gmoney Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 24 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2019PTC332111. Its GSTIN is 27AAICG0467G1ZL (Maharashtra).
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹65.52 Cr. It is led by directors Gurmeet Mohan Singh and Darshan Patodi.
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 1019 C Wing 215 Atrium Next To Courtyard Marriott A.K.Road Andheri East Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.66 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net loss of ₹7.39 Cr (net margin -69.3%) and EBITDA of -₹5.85 Cr (EBITDA margin -54.9%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years and 242% over five years.
The company has about 134 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: GMoney. Court records list 205 cases involving the company, including 204 filed by the company and 1 filed against it; 177 cases are pending. The company has 2 deals on record (1 rights issue, 1 acquisition); the latest was in February 2021.
Gmoney Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0044609). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gmoney.loans.
Company details
Recognitions & Rankings of Gmoney
- Udyam number
- UDYAM-MH-18-0044609
Contact details
Gmoney Private Limited's registered office is in Mumbai, Maharashtra. Its website is gmoney.loans. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1019 C Wing 215 Atrium Next To Courtyard Marriott A.K.Road Andheri East Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Gmoney 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
Gmoney operates one associated brand: GMoney. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services for healthcare providers and patients are offered. | gmoney.loans |
Business activity
The main business activity of Gmoney is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Gmoney Private Limited, buy the company report.
Financials of Gmoney Private Limited
FY 2024 filings availableGmoney Private Limited reported revenue of ₹10.66 Cr (up 63% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 242% over five years, including 63% growth in the latest year. EBITDA rose 54% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.85 Cr | ||||
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| Net Profit (PAT) | -₹7.39 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -54.9% | ||||
| Net Profit Margin | -69.3% | ||||
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To see the full financial statements and ratios of Gmoney Private Limited, buy the company report.
Board of directors of Gmoney Private Limited
Gmoney has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurmeet Mohan Singh Also directs: Harprabh Advisors LLP, Gmedz Healthtech Private Limited, Jewel Hub Private Limited and 5 more | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
| Darshan Patodi Also directs: Gmedz Healthtech Private Limited | Director | 10 May 2022 | 4 Years 5 Months | Current |
Auditor
Gmoney Private Limited is audited by SACHIN M SHE TH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SACHIN M SHE TH & ASSOCIATES | FY 2023 | 141794W |
Shareholding
The shareholding of Gmoney Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gmoney Private Limited, buy the company report.
Deals & funding
Gmoney Private Limited has 2 deals on record (1 rights issue, 1 acquisition); the latest was in February 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Acquisition | ₹37.24 Cr | Buyer: Pavin Ventures |
| Jan 2020 | Rights issue | ₹3.69 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gmoney Private Limited has 205 court cases on record: 204 filed by Gmoney, 1 filed against it. 177 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 205 | 1 | 177 |
Cases on record (5 of 205)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Court case (COMI) | Filed against the company by an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Gmoney 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 Gmoney Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gmoney has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gmedz Healthtech Private Limited | U33115MH2022PTC374624 | |
| Gmoney Technologies Private Limited | U72200MH2020PTC348646 |
To see the full group structure of Gmoney Private Limited, buy the company report.
Employees & EPFO
Gmoney Private Limited has a workforce of 134 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Gmoney has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG0467G1ZL | Maharashtra | Active | 24 Dec 2019 |
To see the full GST registrations and return filing status of Gmoney Private Limited, buy the company report.
Recent activity
Gmoney Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Vinita Bhati ceased to be Director on 31 Dec 2022.
Frequently asked questions
Gmoney is an active private limited company based in Mumbai, Maharashtra, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 24 October 2019 (7+ years old) and is registered under CIN U65990MH2019PTC332111.
Gmoney has 2 current directors:
- Gurmeet Mohan Singh - Director
- Darshan Patodi - Director
The latest financial statements of Gmoney 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 2020 are in the company report.
The GSTIN of Gmoney is 27AAICG0467G1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gmoney is U65990MH2019PTC332111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gmoney has 205 court cases on record: 204 filed by the company and 1 filed against it. 177 are pending.
Gmoney was incorporated on 24 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Gmoney has 2 deals on record (1 rights issue, 1 acquisition); the latest was in February 2021.
Vinita Bhati ceased to be Director on 31 Dec 2022. Darshan Patodi ceased to be Additional Director on 30 Sep 2022. Jitendra Mulchand Gupta ceased to be Company Secretary on 27 Sep 2022. Gmoney has 6 board changes on record in total.
Yes, Gmoney is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).