MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-19-0064140
Umunthu System Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.3 Lakh
▼ 25% YoY
Net loss · FY 2024
₹3.31 Cr
Latest filing
EBITDA · FY 2024
-₹3.62 Cr
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.02 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Umunthu System Private Limited
Data last updated:
Umunthu System Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 21 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC359308.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors including Harsh Udit Chhatrapati and Udit Ramesh Chhatrapati.
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 710 Trade Centre Opp Mtnl Building Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.3 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹3.31 Cr and EBITDA of -₹3.62 Cr.
The company is associated with 1 brand: Galgal. The company has 1 deal on record (1 funding round), with disclosed funding of ₹8.18 Cr; the latest was in November 2022. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 2 micro and small suppliers.
Umunthu System Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0064140). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website galgal.money.
Company Details of Umunthu System Private Limited
CIN U72900MH2021PTC359308
Registration Number 359308
Incorporation Date 21 April 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0064140
Key People
Harsh Udit Chhatrapati Director Udit Ramesh Chhatrapati Director Darshan Desai Shrikant Director Recognitions & Rankings of Umunthu System
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address710 Trade Centre Opp Mtnl Building Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryInternet, Online Financial Services
Comprehensive company report
Umunthu System Private Limited - one report that includes everything
- 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
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Associated Brands
Umunthu System operates one associated brand: Galgal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Personal finance management is enabled through a digital banking app. | galgal.money |
Business Activity
The main business activity of Umunthu System is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Umunthu System Private Limited
FY 2025 filings availableUmunthu System Private Limited reported revenue of ₹13.3 Lakh (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹13.3 Lakh ▼ 25%
Net loss · FY 2024
₹3.31 Cr
EBITDA · FY 2024
-₹3.62 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
EBITDA CAGR growth
1 year
▼ 31%
Revenue fell 25% in the latest year. EBITDA fell 31% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2021-22 to FY 2022-23in the company report |
|---|---|---|
| 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 | -₹3.62 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹3.31 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
| Metrics | FY 2023-24 | FY 2021-22 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | |
| Net Profit Margin | •••• | |
| 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, and every line for FY 2021-22 to FY 2022-23, 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 Umunthu System are in the company report.
: available in the company report
Board of Directors of Umunthu System Private Limited
Umunthu System has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Udit Chhatrapati | Director | 21 Apr 2021 | 5 Years 6 Months | Current |
| Udit Ramesh Chhatrapati | Director | 21 Apr 2021 | 5 Years 6 Months | Current |
| Darshan Desai Shrikant | Director | 12 Dec 2023 | 2 Years 10 Months | Current |
Auditor Details
Umunthu System Private Limited is audited by Vijay Mehta & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vijay Mehta & Co | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Umunthu System Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
Umunthu System Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹8.18 Cr; the latest was in November 2022.
Total deals
1
Funding round
1
Disclosed funding
₹8.18 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹8.18 Cr |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays
Umunthu System Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Juspay Technologies Private Limited | •••• | •••• | •••• |
| Decentro Tech Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Umunthu System Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Active EPFO establishments
1
: available in the company report
Recent Activity
Umunthu System Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Darshan Desai Shrikant ceased to be Additional Director on 29 Sep 2024.
AGM
Umunthu System Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Umunthu System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Darshan Desai Shrikant ceased to be Additional Director.
Appointed
Darshan Desai Shrikant was appointed as Director.
Appointed
Harsh Udit Chhatrapati was appointed as Director.
Appointed
Udit Ramesh Chhatrapati was appointed as Director.
Incorporation
21 Apr 2021
Umunthu System Private Limited was registered on 21 Apr 2021 with Roc Mumbai I & aged 5 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Umunthu System 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 21 April 2021 (5+ years old) and is registered under CIN U72900MH2021PTC359308.
Umunthu System has 3 current directors:
- Harsh Udit Chhatrapati - Director
- Udit Ramesh Chhatrapati - Director
- Darshan Desai Shrikant - Director
The latest financial statements of Umunthu System on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Umunthu System is U72900MH2021PTC359308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Umunthu System was incorporated on 21 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Umunthu System has 1 deal on record (1 funding round), with disclosed funding of ₹8.18 Cr; the latest was in November 2022.
Darshan Desai Shrikant ceased to be Additional Director on 29 Sep 2024. Darshan Desai Shrikant was appointed as Director on 12 Dec 2023. Harsh Udit Chhatrapati was appointed as Director on 21 Apr 2021. Umunthu System has 4 board changes on record in total.
Yes, Umunthu System is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0064140).
Umunthu System has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Umunthu System can be reached through the website galgal.money. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Umunthu System is at 710 Trade Centre Opp Mtnl Building Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.