About IT Mines
IT Mines is a Financial Services company based in Thane (India) founded in 2011. Technology solutions for capital markets, BFSI, and client on-boarding services. The company has 4 employees. Its Indian entity It Mines Technology Private Limited reported revenue of ₹1.23 Cr. IT Mines offers products and services including eKYC Platform and PMS Client On-boarding. Its focus areas include Finance, Banking and Financial Services, Capital Markets and Brokerage and Advisory.
Company details
IT Mines is identified as a provider of technology solutions in the capital market and BFSI sectors, with offerings such as cloud-hosted eKYC and PMS client on-boarding being developed to meet the needs of brokers, banks, and NBFCs. Solutions are designed to incorporate KRA, CKYC automation, and liveliness detection for enhanced compliance and security. Over two decades of experience are drawn upon to deliver customized software and consultancy services that align with market requirements, utilizing technology stacks like MERN and .NET. Client-centric approaches are emphasized to address practical industry challenges, ensuring integrations with existing systems for efficient operations.
- Headquarters Thane, India
- Employees 4
- SectorsFinancial Services
- Email••••••••
- Legal Name It Mines Technology Pvt Ltd
- Date of Incorporation 31 May, 2011
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹1.23 Cr
FY 2025 · -32% YoY
- Net Profit₹1.2 Lakh
FY 2025 · 1% margin
- EBITDA₹10.3 Lakh
FY 2025 · 8% margin
- Employee Count4
Associated legal entities of IT Mines
IT Mines operates through It Mines Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| It Mines Technology Private Limited CIN U72900MH2011PTC218084 | Active | 31 May 2011 | Thane, Maharashtra | ₹1.2 Cr | 4 | 3 | View details |
Products & Services of IT Mines
IT Mines offers a comprehensive portfolio of products and services, including eKYC Platform and PMS Client On-boarding.
A cloud-hosted, white-labeled platform for client on-boarding is offered to brokers and investment advisors, including trade confirmation features
End-to-end digital on-boarding for portfolio management services is provided, integrating with systems like PAN, KRA, and E-Sign for compliance
Board of directors of It Mines Technology Private Limited (IT Mines)
It Mines Technology Private Limited is the primary company behind IT Mines. The board of It Mines Technology Private Limited currently have 3 directors; the longest-serving is Murtuza Saifuddin Nagaria, appointed in 2011. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Murtuza Saifuddin Nagaria DIN 03499687 | Director | 31 May 2011 | 15 yrs 4 mo | It Mines Technology Private Limited |
| Aliasgar Saifuddin Nagaria DIN 06493733 | Additional Director | 27 Apr 2013 | 13 yrs 5 mo | It Mines Technology Private Limited |
| Zoher Hatimbhai Morbiwala DIN 07837727 | Additional Director | 06 May 2019 | 7 yrs 5 mo | It Mines Technology Private Limited |
Financials of IT Mines
Figures of It Mines Technology Private Limited, the primary company behind IT Mines, for FY 2025. Revenue was ₹1.23 Cr (-32% year on year). Net profit was ₹1.2 Lakh (1% margin). EBITDA was ₹10.3 Lakh (8% margin). Revenue has grown at a compounded annual rate of -6% over three years and +2% over five years.
- ₹1.23 CrRevenue · FY 2025 · -32% YoY
- ₹1.2 LakhNet profit · 1% margin
- ₹10.3 LakhEBITDA · 8% margin
- ₹6.6 LakhPaid-up capital
- 4Employees (provident fund records)
- -6%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of It Mines Technology Private Limited are on its company page.
Detailed financial statements for IT Mines
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Investment Banks
2 companies that operate in the same segment as IT Mines (Investment Banks) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ambit is recognized as a leading provider of financial advice and capital in India. | 1997 | Mumbai, Maharashtra, India | USD 39.09 M | USD 116.66 M | 104 | |
Commercial bank | 1911 | Mumbai, Maharashtra, India |
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Frequently Asked Questions about IT Mines
IT Mines was founded in 2011.
IT Mines is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
IT Mines has 4 employees.
The primary company behind IT Mines, It Mines Technology Private Limited, reported revenue of ₹1.23 Cr for FY 2025, down 32% year on year.
IT Mines is identified as a provider of technology solutions in the capital market and BFSI sectors, with offerings such as cloud-hosted eKYC and PMS client on-boarding being developed to meet the needs of brokers, banks, and NBFCs. Solutions are designed to incorporate KRA, CKYC automation, and liveliness detection for enhanced compliance and security. Over two decades of experience are drawn upon to deliver customized software and consultancy services that align with market requirements, utilizing technology stacks like MERN and .NET. Client-centric approaches are emphasized to address practical industry challenges, ensuring integrations with existing systems for efficient operations.
IT Mines offers eKYC Platform and PMS Client On-boarding.
IT Mines operates through It Mines Technology Private Limited.
The legal entities of IT Mines currently have 3 directors, including Murtuza Saifuddin Nagaria, Aliasgar Saifuddin Nagaria, Zoher Hatimbhai Morbiwala.