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Midas Fintech Solutions Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.7 Lakh
▼ 56% YoY
Net loss · FY 2025
₹31.15 Lakh
Net margin -150.5%
EBITDA · FY 2025
-₹16.5 Lakh
EBITDA margin -79.7%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Midas Fintech Solutions Private Limited
Data last updated:
Midas Fintech Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 28 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2021PTC366470. Its GSTIN is 27AAOCM9076H2ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Paras Kapurchand Shah and Darshit Kapurchand Shah.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 203/204 Flr – 2 A Wing El – Dorado K D Marg Yadav Patil Gully Dadar (W), Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.7 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹31.15 Lakh (net margin -150.5%) and EBITDA of -₹16.5 Lakh (EBITDA margin -79.7%). Revenue has grown at a compounded annual rate (CAGR) of 288% over three years.
The company is associated with 1 brand: Midas Fintech Solutions. Court records list 9 cases involving the company, including 9 filed by the company; 5 cases are pending.
For more details, the company can be reached via its website midasfintechsolutions.com.
Company details
CIN U67190MH2021PTC366470
Registration Number 366470
Incorporation Date 28 August 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Midas Fintech Solutions
Contact details
Midas Fintech Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is midasfintechsolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressA – 203/204 Flr – 2 A Wing El – Dorado K D Marg Yadav Patil Gully Dadar (W), Mumbai, Maharashtra, India – 400028
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Midas Fintech Solutions Private Limited, buy the company report.
Comprehensive company report
Midas 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
Midas Fintech Solutions operates one associated brand: Midas Fintech Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides automated intelligent systems for trading and investment financial solutions. | midasfintechsolutions.com |
Business activity
The main business activity of Midas Fintech Solutions is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Midas Fintech Solutions Private Limited, buy the company report.
Financials of Midas Fintech Solutions Private Limited
FY 2025 filings availableMidas Fintech Solutions Private Limited reported revenue of ₹20.7 Lakh (down 56% YoY) for FY 2025.
Revenue · FY 2025
₹20.7 Lakh ▼ 56%
Net loss · FY 2025
₹31.15 Lakh margin -150.5%
EBITDA · FY 2025
-₹16.5 Lakh margin -79.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▲ 288%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 41%
Revenue fell 56% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 288%. EBITDA rose 94% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹16.5 Lakh | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹31.15 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -79.7% | |||
| Net Profit Margin | -150.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Midas Fintech Solutions Private Limited, buy the company report.
Board of directors of Midas Fintech Solutions Private Limited
Midas Fintech Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paras Kapurchand Shah | Director | 11 Oct 2023 | 3 Years 0 Months | Current |
| Darshit Kapurchand Shah Also directs: Arthashray LLP, Aavika Global Jewellery Private Limited, Mezaluna Lifestyle Private Limited and 4 more | Director | 28 Aug 2021 | 5 Years 1 Months | Current |
Peer comparison
Midas Fintech Solutions Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Fintech), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neo Goalvault Fintech Private Limited | ₹20.9 Lakh (FY 2025) | 243.0% | Chennai, Tamil Nadu, India | |||
| Bisman Fintech Pvt Ltd | ₹20.76 Lakh (FY 2025) | 12.0% | Vadodara, Gujarat, India | |||
| Midas Fintech Solutions Private Limitedthis company | ₹20.7 Lakh (FY 2025) | -₹31.15 Lakh | -150.5% | -56.0% | Mumbai, Maharashtra, India | |
| S.M. Fintech Private Limited | ₹20.42 Lakh (FY 2025) | 0.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Midas Fintech Solutions Private Limited, buy the company report.
Legal cases
Midas Fintech Solutions Private Limited has 9 court cases on record: 9 filed by Midas Fintech Solutions. 5 cases are pending and 4 are disposed.
Total cases
9
Filed by the company
9
Pending
5
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 4 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (S) | Filed by the company against an individual | Pending |
To see the full case history of Midas Fintech Solutions 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 Midas Fintech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Midas Fintech Solutions Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Midas Fintech Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM9076H2ZR | Maharashtra | Active | 14 Sep 2021 |
To see the full GST registrations and return filing status of Midas Fintech Solutions Private Limited, buy the company report.
Recent activity
Midas Fintech Solutions Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Paras Kapurchand Shah ceased to be Additional Director on 29 Sep 2024.
AGM
Midas Fintech Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Midas Fintech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Paras Kapurchand Shah ceased to be Additional Director.
Ceased
Shivansh Singh ceased to be Director.
Appointed
Paras Kapurchand Shah was appointed as Director.
Ceased
Mittal Darshit Shah ceased to be Director.
Appointed
Darshit Kapurchand Shah was appointed as Director.
Incorporation
28 Aug 2021
Midas Fintech Solutions Private Limited was registered on 28 Aug 2021 with Roc Mumbai & aged 5 years 2 months as per MCA records.
Frequently asked questions
Midas Fintech Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 28 August 2021 (5+ years old) and is registered under CIN U67190MH2021PTC366470.
Midas Fintech Solutions has 2 current directors:
- Paras Kapurchand Shah - Director
- Darshit Kapurchand Shah - Director
The latest financial statements of Midas Fintech Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Midas Fintech Solutions is 27AAOCM9076H2ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Midas Fintech Solutions is U67190MH2021PTC366470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Fintech Solutions has 9 court cases on record: 9 filed by the company. 5 are pending. Most are in the district courts.
Midas Fintech Solutions was incorporated on 28 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Midas Fintech Solutions by revenue are Neo Goalvault Fintech Private Limited, Bisman Fintech Pvt Ltd, S.M. Fintech Private Limited, all in the BFSI industry (Fintech), with the same principal business activity (financial advisory, brokerage and consultancy services).
Paras Kapurchand Shah ceased to be Additional Director on 29 Sep 2024. Shivansh Singh ceased to be Director on 29 Dec 2023. Paras Kapurchand Shah was appointed as Director on 11 Oct 2023. Midas Fintech Solutions has 5 board changes on record in total.
Yes, Midas Fintech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Midas Fintech Solutions can be reached through the website midasfintechsolutions.com. Its registered office is in Mumbai, Maharashtra, India.