Bankit Services Private Limited

Bankit Services Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72501MH2019PTC329868 Incorporated 28 August 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company internet MSME
Data last updated
Revenue · FY 2025
₹176.01 Cr
▲ 3% YoY
Net loss · FY 2025
₹1.84 Cr
Net margin -1%
EBITDA · FY 2025
₹17.8 Lakh
EBITDA margin 0.1%
Authorised capital
₹1.01 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Satisfied charges
₹1 Lakh
No open charges
Company age
7 yrs
Est. 2019
Employees · EPFO
182
Provident fund records

About Bankit Services Private Limited

Data last updated:

Bankit Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Splendour Tradeplace Private Limited. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 28 August 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72501MH2019PTC329868. Its GSTIN is 09AAICB6139N1Z4 (Uttar Pradesh).

The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Ashish Thakur and Deepak Verma.

Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹176.01 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Cr (net margin -1%) and EBITDA of ₹17.8 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 63% over five years.

The company has about 182 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: FindiBANKIT, Unnati Ka Sathi and Bankit Prepaid Cards. As per MCA filings, the company has satisfied charges of ₹1 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in April 2025.

Bankit Services Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0012742). For more details, the company can be reached via its website bankit.in.

Company details

CIN U72501MH2019PTC329868
Registration Number 329868
Incorporation Date 28 August 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Splendour Tradeplace Private Limited
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0012742

Recognitions & Rankings of Bankit Services

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-UP-28-0012742

Contact details

Bankit Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is bankit.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Apps
  • Registered Address
    507 5th Floor Plot No 31 1 Sharda Chamber, Narsi Natha Street Bhat Bazar Masjid Chinchbunder, Mumbai, Maharashtra, India – 400009
  • Industry
    Internet, Online Financial Services

To see the full contact details of Bankit Services Private Limited, buy the company report.

Comprehensive company report
Bankit Services 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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Brands

Bankit Services operates multiple associated brands including FindiBANKIT, Unnati Ka Sathi, and Bankit Prepaid Cards. Each brand links to its own profile.

BrandDescriptionWebsite
Financial and utility services are delivered via agent networks.bankit.in
Agent-based payment solutions are provided for specially abled users.unnatikasathi.in
Reloadable prepaid cards are provided for consumer transactions and budgeting.bankitcards.com

Business activity

The main business activity of Bankit Services is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Bankit Services Private Limited, buy the company report.

Financials of Bankit Services Private Limited

FY 2025 filings available

Bankit Services Private Limited reported revenue of ₹176.01 Cr (up 3% YoY) for FY 2025.

Revenue · FY 2025
₹176.01 Cr ▲ 3%
Net loss · FY 2025
₹1.84 Cr margin -1%
EBITDA · FY 2025
₹17.8 Lakh margin 0.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 29%
5 years · compounded
▲ 63%
EBITDA CAGR growth
1 year
▼ 99%
3 years · compounded
▲ 27%
5 years · compounded
▲ 30%

Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 3% growth in the latest year. EBITDA fell 99% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹17.8 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.84 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0.1%
Net Profit Margin-1%
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

To see the full financial statements and ratios of Bankit Services Private Limited, buy the company report.

Board of directors and KMP of Bankit Services Private Limited

Bankit Services Private Limited currently reports 3 directors and 1 key managerial person. 7 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Ashish ThakurDirector28 Aug 20197 Years 1 MonthsCurrent
Deepak VermaDirector02 Apr 20251 Years 6 MonthsCurrent
Nicholas John SmedleyDirector02 Apr 20251 Years 6 MonthsCurrent
Amit NigamCeo02 Apr 20251 Years 6 MonthsCurrent

Auditor

Bankit Services Private Limited is audited by RAJEEV SHARMA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAJEEV SHARMA & ASSOCIATESFY 2023004849C

Shareholding

The shareholding of Bankit Services Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Bankit Services Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1 Lakh
Breakdown by lending institutions
Others₹0.01 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Jun 2022100586286Others₹1 LakhSatisfied

To see the full charge records of Bankit Services Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Bankit Services Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in April 2025.

Total deals
3
Secondary share transfers
2
Rights issue
1

Deals on record (3 of 3)

WhenDealAmountParties
Apr 2025Secondary share transferUndisclosedBuyer: Transaction Solutions International (India) Private Limited
Seller: Gemini Technosoft LLP , Splendour Tradeplace Private Limited , 2 individuals
Mar 2021Secondary share transferUndisclosedBuyer: Gemini Technosoft LLP
Seller: 2 individuals
Oct 2019Rights issue₹2 CrInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bankit Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Bankit Services Private Limited has a workforce of 182 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
182
Active EPFO establishments
1
Employee growth
-6.67%

GST

Bankit Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAICB6139N1Z4Uttar PradeshActive15 Nov 2019

To see the full GST registrations and return filing status of Bankit Services Private Limited, buy the company report.

Recent activity

Bankit Services Private Limited has 11 board changes on record since 2019: 4 appointments and 7 cessations. The latest: Deepak Verma ceased to be Additional Director on 11 Sep 2025.

AGM
Bankit Services Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Ceased
Deepak Verma ceased to be Additional Director.
Ceased
Nicholas John Smedley ceased to be Additional Director.
Ceased
Alok Mukherjee ceased to be Director.
Appointed
Amit Nigam was appointed as CEO.
Ceased
Ashish Thakur ceased to be Director.
Appointed
Deepak Verma was appointed as Director.
Appointed
Nicholas John Smedley was appointed as Director.
Ceased
Sanjeev Agrawal ceased to be Director.
Filing
Bankit Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 27 Jun 2022 via Charge ID 100586286 with Others was fully satisfied on 27 Dec 2024.
Charges
A charge with Others amounted to Rs. 0.01 Cr with Charge ID 100586286 was registered on 27 Jun 2022.

4 earlier events are in the company report.

Frequently asked questions

Bankit Services 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 28 August 2019 (7+ years old) and is registered under CIN U72501MH2019PTC329868.

Bankit Services has 4 current directors and KMP:

The latest financial statements of Bankit Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Bankit Services is 09AAICB6139N1Z4, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Bankit Services is U72501MH2019PTC329868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bankit Services has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.

Bankit Services was incorporated on 28 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Bankit Services has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in April 2025.

Deepak Verma ceased to be Additional Director on 11 Sep 2025. Nicholas John Smedley ceased to be Additional Director on 11 Sep 2025. Alok Mukherjee ceased to be Director on 02 Apr 2025. Bankit Services has 11 board changes on record in total.

Yes, Bankit Services is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0012742).