About Evetan Fintech Private Limited
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Evetan Fintech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2009PTC190062.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vineet Pandey and Vishal Vishwanath Panchal.
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 Unit No 1101 Lotus Link Square D N Nagar New Link Road, Andheri West Mumbai 400053, Maharashtra, India – 400053.
As per the financials filed for FY 2024, the company reported a revenue of ₹39,400, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹3,926 (net margin 10%) and EBITDA of ₹4,652 (EBITDA margin 11.8%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 18% over five years.
The company is associated with 1 brand: eVetan.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evetan.com.
Company details
Contact details
Evetan Fintech Private Limited's registered office is in Mumbai, Maharashtra. Its website is evetan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 1101 Lotus Link Square D N Nagar New Link Road, Andheri West Mumbai 400053, Maharashtra, India – 400053
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Evetan Fintech 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
Evetan Fintech operates one associated brand: eVetan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online payroll software for efficient salary processing and statutory reporting in India. | evetan.com |
Business activity
The main business activity of Evetan Fintech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Evetan Fintech Private Limited, buy the company report.
Financials of Evetan Fintech Private Limited
FY 2025 filings availableEvetan Fintech Private Limited reported revenue of ₹39,400 (up 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 64% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 151% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4,652 | ||||
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| Net Profit (PAT) | ₹3,926 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 10% | ||||
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To see the full financial statements and ratios of Evetan Fintech Private Limited, buy the company report.
Board of directors of Evetan Fintech Private Limited
Evetan Fintech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Pandey | Director | 03 Feb 2009 | 17 Years 9 Months | Current |
| Vishal Vishwanath Panchal | Director | 03 Feb 2009 | 17 Years 9 Months | Current |
Auditor
Evetan Fintech Private Limited is audited by S S Baraskar & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S Baraskar & Associates | FY 2022 | 172623 |
Shareholding
The shareholding of Evetan Fintech Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Evetan Fintech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Evetan Fintech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evetan Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Evetan Fintech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Evetan Fintech Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Neerav Shashikant Parekh ceased to be Director on 12 Nov 2019.
Frequently asked questions
Evetan Fintech is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 February 2009 (17+ years old) and is registered under CIN U93090MH2009PTC190062.
Evetan Fintech has 2 current directors:
- Vineet Pandey - Director
- Vishal Vishwanath Panchal - Director
The latest financial statements of Evetan Fintech 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Evetan Fintech is U93090MH2009PTC190062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evetan Fintech was incorporated on 03 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Neerav Shashikant Parekh ceased to be Director on 12 Nov 2019. Vineet Pandey was appointed as Director on 03 Feb 2009. Vishal Vishwanath Panchal was appointed as Director on 03 Feb 2009.
Evetan Fintech can be reached through the website evetan.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Evetan Fintech is at Unit No 1101 Lotus Link Square D N Nagar New Link Road, Andheri West Mumbai 400053, Maharashtra, India – 400053.
Evetan Fintech operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Evetan Fintech is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
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