MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-26-0011948
Manipal Fintech Private Limited - internet in Udupi, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹60.43 Cr
▲ 29% YoY
Net loss · FY 2024
₹9.55 Cr
Net margin -15.8%
EBITDA · FY 2024
-₹10.54 Cr
EBITDA margin -17.4%
Authorised capital
₹9.51 Cr
Registered with MCA
Paid-up capital
₹9.51 Cr
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
611
Provident fund records
About Manipal Fintech Private Limited
Data last updated:
Manipal Fintech Private Limited is a private limited company based in Udupi, Karnataka, India, a subsidiary of Manipal Technologies Limited. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 10 February 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC157782. Its GSTIN is 29ABHCS8495C1ZS (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹9.51 Cr and a paid-up capital of ₹9.51 Cr. It is led by directors including Nanson Pramod Fernandes and Gopinathan Anil Shankar.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Udayavani Building Press Corner Manipal, Udupi, Karnataka, India – 576104.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.43 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹9.55 Cr (net margin -15.8%) and EBITDA of -₹10.54 Cr (EBITDA margin -17.4%).
The company has about 611 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SahiBandhu. As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹9.5 Cr; the latest was in September 2022.
Manipal Fintech Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-26-0011948). For more details, the company can be reached via its website sahibandhu.com.
Company details
CIN U72900KA2022PTC157782
Registration Number 157782
Incorporation Date 10 February 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Manipal Technologies Limited
MSME Classification MSME
Udyam Registration UDYAM-KR-26-0011948
Key People
Nanson Pramod Fernandes Director Gopinathan Anil Shankar Director Abhay Anant Gupte Director Recognitions & Rankings of Manipal Fintech
Contact details
Manipal Fintech Private Limited's registered office is in Udupi, Karnataka. Its website is sahibandhu.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUdayavani Building Press Corner Manipal, Udupi, Karnataka, India – 576104
- IndustryInternet, Online Financial Services
To see the full contact details of Manipal Fintech Private Limited, buy the company report.
Comprehensive company report
Manipal Fintech 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
Manipal Fintech operates one associated brand: SahiBandhu. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform specializing in gold loans for quick and secure lending services. | sahibandhu.com |
Business activity
The main business activity of Manipal Fintech is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Manipal Fintech Private Limited, buy the company report.
Financials of Manipal Fintech Private Limited
FY 2024 filings availableManipal Fintech Private Limited reported revenue of ₹60.43 Cr (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹60.43 Cr ▲ 29%
Net loss · FY 2024
₹9.55 Cr margin -15.8%
EBITDA · FY 2024
-₹10.54 Cr margin -17.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
EBITDA CAGR growth
1 year
▲ 6%
Revenue rose 29% in the latest year. EBITDA rose 6% 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 | -₹10.54 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹9.55 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -17.4% | ||
| Net Profit Margin | -15.8% | ||
| 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 Manipal Fintech Private Limited, buy the company report.
Board of directors of Manipal Fintech Private Limited
Manipal Fintech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nanson Pramod Fernandes | Director | 10 Feb 2022 | 4 Years 8 Months | Current |
| Gopinathan Anil Shankar Also directs: Aromee Brands Private Limited | Director | 10 Feb 2022 | 4 Years 8 Months | Current |
| Abhay Anant Gupte Also directs: Ester Industries Limited, Intellect Design Arena Limited, Manipal Technologies Limited and 3 more | Director | 11 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Manipal Fintech Private Limited is audited by PAI NAYAK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAI NAYAK & ASSOCIATES | FY 2023 | 009090S |
Shareholding
The shareholding of Manipal Fintech 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 Manipal Fintech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2023 | 100784819 | Hdfc Bank Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Manipal Fintech Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹9.5 Cr; the latest was in September 2022.
Total deals
1
Funding round
1
Disclosed funding
₹9.5 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round | ₹9.5 Cr | Investors: Manipal Business Solutions Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manipal Fintech Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pathankot, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| Allahabad High Court | Court case (CRLP) | Filed against the company | Disposed |
| District court, Patiala, Punjab | Execution petition | Filed against the company by an individual | Disposed |
To see the full case history of Manipal Fintech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Manipal Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Manipal Fintech has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Manipal Fintech Private Limited has a workforce of 611 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
611
Active EPFO establishments
1
Employee growth
17.27%
GST
Manipal Fintech has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABHCS8495C1ZS | Karnataka | Active | 30 Mar 2022 |
| 06ABHCS8495C1Z0 | Haryana | Active | 04 Apr 2022 |
| 09ABHCS8495C1ZU | Uttar Pradesh | Active | 29 Aug 2024 |
To see the full GST registrations and return filing status of Manipal Fintech Private Limited, buy the company report.
Recent activity
Manipal Fintech Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Abhay Anant Gupte was appointed as Director on 11 Jul 2022.
AGM
Manipal Fintech Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Manipal Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100784819 was registered on 14 Sep 2023.
Appointed
Abhay Anant Gupte was appointed as Director.
Appointed
Gopinathan Anil Shankar was appointed as Director.
Appointed
Nanson Pramod Fernandes was appointed as Director.
Incorporation
10 Feb 2022
Manipal Fintech Private Limited was registered on 10 Feb 2022 with Roc Bangalore & aged 4 years 8 months as per MCA records.
Frequently asked questions
Manipal Fintech is an active private limited company based in Udupi, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 10 February 2022 (4+ years old) and is registered under CIN U72900KA2022PTC157782.
Manipal Fintech has 3 current directors:
- Nanson Pramod Fernandes - Director
- Gopinathan Anil Shankar - Director
- Abhay Anant Gupte - Director
The latest financial statements of Manipal Fintech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Manipal Fintech is 29ABHCS8495C1ZS, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06ABHCS8495C1Z0 (Haryana), 09ABHCS8495C1ZU (Uttar Pradesh).
The CIN (Corporate Identification Number) of Manipal Fintech is U72900KA2022PTC157782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manipal Fintech has 3 court cases on record: 3 filed against it. Most are in the district courts.
Manipal Fintech was incorporated on 10 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Manipal Fintech has 1 deal on record (1 funding round), with disclosed funding of ₹9.5 Cr; the latest was in September 2022.
Abhay Anant Gupte was appointed as Director on 11 Jul 2022. Gopinathan Anil Shankar was appointed as Director on 10 Feb 2022. Nanson Pramod Fernandes was appointed as Director on 10 Feb 2022.
Yes, Manipal Fintech is registered as an MSME under Udyam registration (number: UDYAM-KR-26-0011948).
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