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Inscite Fintech Solutions Private Limited - internet in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.84 Lakh
▲ 206% YoY
Net loss · FY 2024
₹40.95 Lakh
Latest filing
EBITDA · FY 2024
-₹40.18 Lakh
Latest filing
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹2.72 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Inscite Fintech Solutions Private Limited
Data last updated:
Inscite Fintech Solutions Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 11 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC367350. Its GSTIN is 27AAGCI3034H1ZQ (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2.72 Lakh. It is led by directors including Mikdad Merchant Saleem and Huzefa Salim Merchant.
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 F – 205 Tower II Plot No. R – 1 Sector 40 Seawoods, Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.84 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹40.95 Lakh and EBITDA of -₹40.18 Lakh.
The company is associated with 1 brand: BizPay. The company has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in July 2023.
Inscite Fintech Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0121006). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bizpay.co.in.
Company details
CIN U72900MH2021PTC367350
Registration Number 367350
Incorporation Date 11 September 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
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0121006
Key People
Mikdad Merchant Saleem Director Huzefa Salim Merchant Director Munira Salimbhai Merchant Director Recognitions & Rankings of Inscite Fintech Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-33-0121006
Contact details
Inscite Fintech Solutions Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is bizpay.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 205 Tower II Plot No. R – 1 Sector 40 Seawoods, Navi Mumbai, Maharashtra, India – 400706
- IndustryInternet, Online Financial Services
To see the full contact details of Inscite Fintech Solutions Private Limited, buy the company report.
Comprehensive company report
Inscite Fintech Solutions 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
Inscite Fintech Solutions operates one associated brand: BizPay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Expense management solutions are delivered via a software platform. | bizpay.co.in |
Business activity
The main business activity of Inscite Fintech Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Inscite Fintech Solutions Private Limited, buy the company report.
Financials of Inscite Fintech Solutions Private Limited
FY 2025 filings availableInscite Fintech Solutions Private Limited reported revenue of ₹7.84 Lakh (up 206% YoY) for FY 2024.
Revenue · FY 2024
₹7.84 Lakh ▲ 206%
Net loss · FY 2024
₹40.95 Lakh
EBITDA · FY 2024
-₹40.18 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 206%
EBITDA CAGR growth
1 year
▼ 830%
Revenue rose 206% in the latest year. EBITDA fell 830% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹40.18 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹40.95 Lakh | ||
| 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 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | |||
To see the full financial statements and ratios of Inscite Fintech Solutions Private Limited, buy the company report.
Board of directors of Inscite Fintech Solutions Private Limited
Inscite Fintech Solutions has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mikdad Merchant Saleem | Director | 11 Sep 2021 | 5 Years 1 Months | Current |
| Huzefa Salim Merchant | Director | 11 Sep 2021 | 5 Years 1 Months | Current |
| Munira Salimbhai Merchant | Director | 11 Sep 2021 | 5 Years 1 Months | Current |
| Saleem Shabbir Merchant | Director | 11 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Inscite Fintech Solutions Private Limited is audited by CA Preeti Gogate for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA Preeti Gogate | FY 2022 | 171228 |
Shareholding
The shareholding of Inscite Fintech Solutions Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Inscite Fintech Solutions Private Limited, buy the company report.
Deals & funding
Inscite Fintech Solutions Private Limited has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in July 2023.
Total deals
2
Secondary share transfer
1
Funding round
1
Disclosed funding
₹1.25 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Funding round · Seed | ₹1.25 Cr | Investors: Inflection Point Ventures, 3 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Inscite Advisory Services LLP |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Inscite Fintech Solutions 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 Inscite Fintech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Inscite Fintech Solutions Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Inscite Fintech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI3034H1ZQ | Maharashtra | Active | 21 Sep 2021 |
To see the full GST registrations and return filing status of Inscite Fintech Solutions Private Limited, buy the company report.
Recent activity
Inscite Fintech Solutions Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Huzefa Salim Merchant was appointed as Director on 11 Sep 2021.
AGM
Inscite Fintech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Inscite Fintech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Huzefa Salim Merchant was appointed as Director.
Appointed
Mikdad Merchant Saleem was appointed as Director.
Appointed
Munira Salimbhai Merchant was appointed as Director.
Appointed
Saleem Shabbir Merchant was appointed as Director.
Incorporation
11 Sep 2021
Inscite Fintech Solutions Private Limited was registered on 11 Sep 2021 with Roc Mumbai & aged 5 years 1 month as per MCA records.
News
Frequently asked questions
Inscite Fintech Solutions is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 11 September 2021 (5+ years old) and is registered under CIN U72900MH2021PTC367350.
Inscite Fintech Solutions has 4 current directors:
- Mikdad Merchant Saleem - Director
- Huzefa Salim Merchant - Director
- Munira Salimbhai Merchant - Director
- Saleem Shabbir Merchant - Director
The latest financial statements of Inscite Fintech Solutions 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 GSTIN of Inscite Fintech Solutions is 27AAGCI3034H1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Inscite Fintech Solutions is U72900MH2021PTC367350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inscite Fintech Solutions was incorporated on 11 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Inscite Fintech Solutions has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in July 2023.
Huzefa Salim Merchant was appointed as Director on 11 Sep 2021. Mikdad Merchant Saleem was appointed as Director on 11 Sep 2021. Munira Salimbhai Merchant was appointed as Director on 11 Sep 2021. Inscite Fintech Solutions has 4 board changes on record in total.
Yes, Inscite Fintech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Inscite Fintech Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0121006).
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