About Instant Mudra Technologies Private Limited
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Instant Mudra Technologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Mbnk Phygital Financial Marketplace Private Limited and recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 30 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC326135. Its GSTIN is 27AAFCI2936K1ZB (Maharashtra).
The company has an authorised share capital of ₹7.7 Cr and a paid-up capital of ₹6.29 Cr. It is led by directors including Aniket Shantaram Labde and Roshim Sood.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹119.34 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.76 Cr (net margin -3.2%) and EBITDA of -₹4.02 Cr (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 288% over three years.
The company has about 157 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website instantmudra.net.
- EmailLocked
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- Registered AddressBuildingf Pudharibhavan 5 Thfloorplotno.29To32 36 37 Sector30A Sanap, Ada, Navi Mumbai, Maharashtra, India – 400705
- IndustryFinancial Services, Digital Payment Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Instant Mudra Technologies Private Limited
The main business activity of Instant Mudra Technologies is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Instant Mudra Technologies Private Limited
Instant Mudra Technologies Private Limited is audited by BAWEJA AND KAUL for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAWEJA AND KAUL | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Instant Mudra Technologies Private Limited
Instant Mudra Technologies has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aniket Shantaram Labde | Director | 30 May 2019 | 7 Years 4 Months | Current |
| Roshim Sood | Director | 24 Jan 2022 | 4 Years 8 Months | Current |
| Nicolaos Constantinos Mellios | Director | 17 Jan 2022 | 4 Years 8 Months | Current |
| Sajjad Shaikh | Director | 16 Jan 2020 | 6 Years 8 Months | Current |
Financials of Instant Mudra Technologies Private Limited FY 2024 filings available
Instant Mudra Technologies Private Limited reported revenue of ₹119.34 Cr (up 409% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Instant Mudra Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 288% over three years, including 409% growth in the latest year. EBITDA rose 49% 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 of Instant Mudra Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹4.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.76 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 of Instant Mudra Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 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 Instant Mudra Technologies are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Instant Mudra Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Instant Mudra Technologies Private Limited
Instant Mudra Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Instant Mudra Technologies Private Limited
Instant Mudra Technologies Private Limited has a workforce of 157 employees as of Mar 21, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Instant Mudra Technologies Private Limited
Instant Mudra Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI2936K1ZB | Maharashtra | Active | 08 Jul 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Instant Mudra Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Instant Mudra Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Instant Mudra Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Instant Mudra Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Instant Mudra Technologies Private Limited
Frequently Asked Questions about Instant Mudra Technologies Private Limited
Instant Mudra Technologies is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 30 May 2019 (7+ years old) and is registered under CIN U72900MH2019PTC326135.
Instant Mudra Technologies reported revenue of ₹119.34 Cr for FY 2024 (up 409% YoY).
Instant Mudra Technologies has 4 current directors:
- Aniket Shantaram Labde - Director
- Roshim Sood - Director
- Nicolaos Constantinos Mellios - Director
- Sajjad Shaikh - Director
Instant Mudra Technologies reported a net loss of ₹3.76 Cr (net margin -3.2%) and EBITDA of -₹4.02 Cr (EBITDA margin -3.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Instant Mudra Technologies is 288% over three years. In the latest year (FY 2024) revenue rose 409%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Instant Mudra Technologies is 27AAFCI2936K1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Instant Mudra Technologies is U72900MH2019PTC326135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Instant Mudra Technologies was incorporated on 30 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Instant Mudra Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).