About Mintifi Private Limited
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Mintifi Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 10 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC289428. Its GSTIN is 27AAKCM7569B1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹555.24 Cr and a paid-up capital of ₹2.68 Cr. It is led by directors including Ankit Mehta (Whole-Time Director) and Anup Vijaykumar Agarwal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹401.48 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹92.54 Cr (net margin 23%) and EBITDA of ₹187.52 Cr (EBITDA margin 46.7%). Revenue has grown at a compounded annual rate (CAGR) of 159% over three years and 169% over five years.
The company has about 47 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Audience73 and Mintifi. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending. The company has 17 deals on record (8 secondary share transfers, 6 funding rounds, 3 rights issues), with disclosed funding of ₹2,666.43 Cr; the latest was in December 2024. Its 10 peer companies in the Ecommerce and Internet industry (Finance) are compared by revenue, 5 larger and 5 smaller; the largest is Parvathi Trading and Finance Company Private Limited with revenue of ₹432.3 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mintifi.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 3B 2nd Floor Times Square Andheri Kurla Road Marol Andheri (East, ), Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, NBFC
- 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
Associated Brands with Mintifi Private Limited
Mintifi operates two associated brands: Audience73 and Mintifi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a programmatic platform for efficient ad buying. | audience73.com | |
| Provider of supply chain financing solutions for small and medium enterprises | mintifi.com |
Business Activity of Mintifi Private Limited
The main business activity of Mintifi is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mintifi Private Limited FY 2024 filings available
Mintifi Private Limited reported revenue of ₹401.48 Cr (up 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mintifi Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 169% over five years, including 77% growth in the latest year. EBITDA rose 149% 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 Mintifi Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹187.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹92.54 Cr | •••• | •••• | •••• | •••• |
| 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 Mintifi Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 23% | •••• | •••• | •••• | •••• |
| 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 Mintifi are in the company report.
Financial statements from FY 2017
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.
Board of Directors of Mintifi Private Limited
Mintifi has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mridul Arora Also directs: Light Ray Advisors LLP, Scapia Technology Private Limited, Mahaveer Finance India Limited and 5 more | Nominee Director | 17 Feb 2022 | 4 Years 8 Months | Current |
| Nattanmai Venkataraman Saravanan | Nominee Director | 13 Dec 2023 | 2 Years 10 Months | Current |
| Ankit Mehta Also directs: Mintifi Finserve Private Limited | Whole-Time Director | 12 Sep 2017 | 9 Years 1 Months | Current |
| Anup Vijaykumar Agarwal | Director | 10 Jan 2017 | 9 Years 9 Months | Current |
| Darius Dhunjishaw Vakil | Nominee Director | 19 Nov 2024 | 1 Years 11 Months | Current |
Peer Comparison of Mintifi Private Limited
Mintifi 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 |
|---|---|---|---|---|---|---|
| Parvathi Trading and Finance Company Private Limited | ₹432.3 Cr (FY 2022) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Tata Motors Finance Limited | ₹421.16 Cr (FY 2018) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Hero Housing Finance Limited | ₹420.55 Cr (FY 2023) | •••• | •••• | 3044.0% | •••• | New Delhi, Delhi, India |
| Aviom India Housing Finance Private Limited | ₹416.85 Cr (FY 2024) | •••• | •••• | 72.0% | •••• | New Delhi, Delhi, India |
| Atyati Technologies Private Limited | ₹409.45 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Mintifi Private Limited this company | ₹401.48 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Mumbai, Maharashtra, India |
| Muthoot Housing Finance Company Limited | ₹401.37 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Thiruvananthapuram, Kerala, India |
| 5Paisa Capital Limited Listed | ₹394.74 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Thane, Maharashtra, India |
| Stci Finance Limited | ₹394.47 Cr (FY 2019) | •••• | •••• | -51.0% | •••• | Lower Parel West Mumbai, Maharashtra, India |
| Indifi Technologies Private Limited | ₹377.95 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Haryana, India |
| Edelweiss Retail Finance Limited | ₹367.62 Cr (FY 2018) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mintifi 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 Mintifi Private Limited
Mintifi Private Limited is audited by S K PATODIA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K PATODIA & ASSOCIATES | 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.
Ownership and Shareholding of Mintifi 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 Mintifi Private Limited
Mintifi Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Mintifi Private Limited
Mintifi Private Limited has 17 deals on record (8 secondary share transfers, 6 funding rounds, 3 rights issues), with disclosed funding of ₹2,666.43 Cr; the latest was in December 2024.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Rights issue | ₹13.96 Cr | Investors: 3 individuals |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: Premjiinvest, Norwest Venture Partners, Elevation Capital (SAIF Partners) Seller: an individual |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Norwest Venture Partners Seller: Lok Capital |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Premjiinvest, Elevation Capital (SAIF Partners), Norwest Venture Partners Seller: Lok Capital, an individual |
Full deal history
All 17 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mintifi Private Limited
Mintifi Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Civil suit | Filed against the company by an individual | Disposed |
| District court, North West, Delhi | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Mintifi Private Limited
Mintifi Private Limited has a workforce of 47 employees as of Apr 07, 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.
Group Structure of Mintifi Private Limited
Mintifi has 1 subsidiary 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 |
|---|---|---|
| Mintifi Finserve Private Limited | U65990MH2018PTC304289 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Mintifi Private Limited
Mintifi Private Limited has 9 board changes on record since 2017: 6 appointments and 3 cessations. The latest: Darius Dhunjishaw Vakil was appointed as Nominee Director on 19 Nov 2024.
Credit Ratings, Litigation & Regulatory Alerts for Mintifi 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 Mintifi 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 Mintifi 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 Mintifi Private Limited
Mintifi has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM7569B1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 08AAKCM7569B1Z6 | Rajasthan | Active | 18 Jan 2022 |
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 Mintifi 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.
Related news about Mintifi Private Limited
Frequently Asked Questions about Mintifi Private Limited
Mintifi 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 10 January 2017 (9+ years old) and is registered under CIN U74999MH2017PTC289428.
Mintifi reported revenue of ₹401.48 Cr for FY 2024 (up 77% YoY).
Mintifi has 5 current directors:
- Ankit Mehta - Whole-Time Director
- Mridul Arora - Nominee Director
- Nattanmai Venkataraman Saravanan - Nominee Director
- Anup Vijaykumar Agarwal - Director
- Darius Dhunjishaw Vakil - Nominee Director
Mintifi reported a net profit of ₹92.54 Cr (net margin 23%) and EBITDA of ₹187.52 Cr (EBITDA margin 46.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mintifi is 159% over three years and 169% over five years. In the latest year (FY 2024) revenue rose 77%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mintifi is 27AAKCM7569B1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAKCM7569B1Z6 (Rajasthan).
The CIN (Corporate Identification Number) of Mintifi is U74999MH2017PTC289428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mintifi has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the high courts.
Mintifi was incorporated on 10 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Mintifi has 17 deals on record (8 secondary share transfers, 6 funding rounds, 3 rights issues), with disclosed funding of ₹2,666.43 Cr; the latest was in December 2024.
The peers of Mintifi by revenue are Parvathi Trading and Finance Company Private Limited, Tata Motors Finance Limited, Hero Housing Finance Limited, Aviom India Housing Finance Private Limited, Atyati Technologies Private Limited and 5 more, all in the Ecommerce and Internet industry (Finance).