
Instape Synergies Private Limited
About Instape Synergies Private Limited
Data last updated:
Instape Synergies Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Eruna Technologies India Private Limited. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 28 July 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2022PTC387788. Its GSTIN is 27AAGCI7889E1Z1 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Bhavna Uttam Shemlani and Rakesh Dungarmal Tainwala.
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 Tainwala House Road No. 18 M.I.D.C Andheri (East), Mumbai, Maharashtra, India – 400093.
The company is associated with 1 brand: InstaPe.
Company details
Contact details
Instape Synergies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTainwala House Road No. 18 M.I.D.C Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryInternet, Online Financial Services
To see the full contact details of Instape Synergies 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
Instape Synergies operates one associated brand: InstaPe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers secure early wage access solutions for employees to avoid debt traps and unethical lending. | instape.com |
Financials of Instape Synergies Private Limited
FY 2025 filings availableInstape Synergies Private Limited reported revenue of ₹3,771 (down 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 83% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 Instape Synergies Private Limited, buy the company report.
Board of directors of Instape Synergies Private Limited
Instape Synergies has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavna Uttam Shemlani Also directs: Geotech Industries Private Limited | Director | 19 Jan 2024 | 2 Years 9 Months | Current |
| Rakesh Dungarmal Tainwala Also directs: Tattvam Buildcon LLP, Art Constructions and Developers LLP, Tainwala Chemicals and Plastics (India) Ltd and 5 more | Director | 28 Jul 2022 | 4 Years 3 Months | Current |
| Atul Kumar Gupta | Director | 10 Dec 2024 | 1 Years 11 Months | Current |
| Narayan Vasudeva Rao | Additional Director | 03 Dec 2025 | 0 Years 11 Months | Current |
Peer comparison
Instape Synergies Private Limited is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zipco Industrial Finance Private Limited | ₹3,950 (FY 2024) | -21.0% | Kolkata, West Bengal, India | |||
| Modular Finance and Leasing Private Limited | ₹3,906 (FY 2024) | -6.0% | Mumbai, Maharashtra, India | |||
| Twining Trading and Finance P Ltd | ₹3,902 (FY 2020) | -100.0% | Mumbai, Maharashtra, India | |||
| Manjay Investment and Finance Private Limited | ₹3,850 (FY 2022) | Mumbai, Maharashtra, India | ||||
| Rich Life Finance and Investment India Private Limited | ₹3,850 (FY 2023) | Pune, Maharashtra, India | ||||
| Instape Synergies Private Limitedthis company | ₹3,771 (FY 2025) | -83.0% | Mumbai, Maharashtra, India | |||
| KVP Finance Solutions Private Limited | ₹3,700 (FY 2025) | -94.0% | Mumbai, Maharashtra, India | |||
| Mapro Finance and Investments Pvt Ltd | ₹3,680 (FY 2024) | -89.0% | Mumbai, Maharashtra, India | |||
| Sterling International Finance Limited | ₹3,550 (FY 2023) | 3.0% | New Delhi, Delhi, India | |||
| Saamrigra Finvest Finance Private Limited | ₹3,541 (FY 2025) | Bangalore, Karnataka, India | ||||
| Porus Estate and Finance Private Limited | ₹3,500 (FY 2022) | -23.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Instape Synergies Private Limited, buy the company report.
Auditor
Instape Synergies Private Limited is audited by GMJ & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GMJ & Co | FY 2023 | 103429W |
Shareholding
The shareholding of Instape Synergies Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Instape Synergies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Instape Synergies 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 Instape Synergies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Instape Synergies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI7889E1Z1 | Maharashtra | Active | 09 Jan 2023 |
To see the full GST registrations and return filing status of Instape Synergies Private Limited, buy the company report.
Recent activity
Instape Synergies Private Limited has 7 board changes on record since 2022: 4 appointments and 3 cessations. The latest: Narayan Vasudeva Rao was appointed as Additional Director on 03 Dec 2025.
Frequently asked questions
Instape Synergies 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 July 2022 (4+ years old) and is registered under CIN U67190MH2022PTC387788.
Instape Synergies has 4 current directors:
- Bhavna Uttam Shemlani - Director
- Rakesh Dungarmal Tainwala - Director
- Atul Kumar Gupta - Director
- Narayan Vasudeva Rao - Additional Director
The latest financial statements of Instape Synergies 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 2023 are in the company report.
The GSTIN of Instape Synergies is 27AAGCI7889E1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Instape Synergies is U67190MH2022PTC387788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Instape Synergies was incorporated on 28 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Instape Synergies by revenue are Zipco Industrial Finance Private Limited, Modular Finance and Leasing Private Limited, Twining Trading and Finance P Ltd, Manjay Investment and Finance Private Limited, Rich Life Finance and Investment India Private Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Narayan Vasudeva Rao was appointed as Additional Director on 03 Dec 2025. Atul Kumar Gupta ceased to be Additional Director on 29 Sep 2025. Atul Kumar Gupta was appointed as Director on 10 Dec 2024. Instape Synergies has 7 board changes on record in total.
The registered office of Instape Synergies is at Tainwala House Road No. 18 M.I.D.C Andheri East, Mumbai, Maharashtra, India – 400093.
Instape Synergies operates in the internet industry, in the online financial services segment.
Instape Synergies has 1 associated brand: Instape.

