Minance Technologies Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 2016.
2016 Bangalore, Karnataka, India Active
Last Updated:
About Minance Technologies Private Limited

Minance Technologies Private Limited, a active private limited company, was established on 28 September 2016 in Bangalore, Karnataka, India. Engaging in diversified financial services within the financial services sector, it holds CIN: U74999KA2016PTC096810. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹0.20 M.

It upholds a compliant status. Employing 12 professional, Its leadership includes Anurag Bhatia (Director), Soham Soumya Sarkar (Director). Past directors included Soham Soumya Sarkar, Adhiraj Singh. Its latest AGM occurred on 26 September 2018, with the balance sheet filed on 31 March 2018. It is based at No. 35/37 (Old No. 598), 11Th Main Road Jayanagar 5Th Block, Bangalore - 560041, Bangalore, Karnataka, 560041.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74999KA2016PTC096810

  • Registration Number

    096810

  • Incorporation Date

    28 September 2016

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹0.20 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2018
  • Revenue Growth **** 3469.52%
  • Profit Growth **** 1.57%
  • Ebitda **** -38.22%
  • Net Worth -102.56%
  • Total Assets **** 1287.91%
Company report

Minance Technologies Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Minance Technologies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Minance Technologies Private Limited?
Current Directors
Name Designation Appointment Date Status
Anurag Bhatia Director 28 Sep 2016 Current
Soham Soumya Sarkar Director 18 Jun 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 Sep 2019 Past
Pramod Abcsdd Director 21 Jun 2019 Past

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Financial Performance of Minance Technologies.

Minance Technologies Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 3469.52% increase. The company also saw a slight improvement in profitability, with a 1.57% increase in profit. The company's net worth observed a substantial decline by a decrease of 102.56%.

Minance Technologies revenue growth over time
Minance Technologies profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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3469.52%
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Revenue from Operations
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5802.31%
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*******
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Total Assets
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1287.91%
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*******
*******
*******
Profit or Loss
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1.57%
*******
*******
*******
*******
Net Worth
*******
-102.56%
*******
*******
*******
*******
EBITDA
*******
-38.22%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Minance Technologies?

In 2018, Minance Technologies had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Minance Technologies?

Minance Technologies has a workforce of 12 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Minance Technologies
Recent Activity within the Organization
  • Director Appointment

    Progress on Soham Soumya Sarkar was appointed as a Director was appointed as a Director on 18 Jun 2019 & has been associated with this company since 6 years 8 months . was documented.

  • Annual General Meeting

    Progress on Minance Technologies Private Limited last Annual general meeting of members was held on 26 Sep 2018 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Minance Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore. was documented.

  • Director Appointment

    The activity Anurag Bhatia was appointed as a Director was appointed as a Director on 28 Sep 2016 & has been associated with this company since 9 years 4 months . was completed.

  • Company Incorporation

    The activity Minance Technologies Private Limited was registered on 28 Sep 2016 with Roc Bangalore & aged 9 years 4 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Minance Technologies Private Limited?

The CIN of Minance Technologies Private Limited is U74999KA2016PTC096810.

Where is Minance Technologies Private Limited headquartered?

Minance Technologies Private Limited is headquartered at No. 35/37 (Old No. 598), 11Th Main Road Jayanagar 5Th Block, Bangalore - 560041, Bangalore, Karnataka, 560041.

When was Minance Technologies Private Limited incorporated?

Minance Technologies Private Limited was incorporated on 28 September 2016.

Who are the current directors of Minance Technologies Private Limited?

The current directors of Minance Technologies Private Limited are

What is the primary industry of Minance Technologies Private Limited?

The primary industry of Minance Technologies Private Limited is Financial Services.

Is Minance Technologies Private Limited a listed company?

Minance Technologies Private Limited is unlisted.

What is the capital structure of Minance Technologies Private Limited?

The authorized capital of Minance Technologies Private Limited is ₹2.50 M, and the paid-up capital is ₹0.20 M.

What is the compliance status of Minance Technologies Private Limited?

The compliance status of Minance Technologies Private Limited is Compliant.

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