About Minsol India Private Limited
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Minsol India Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 12 May 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U10300WB2011PTC162572.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.6 Lakh. It was led by directors Santosh Kumar Gangwal and Shruti Bagrodia.
Its last annual general meeting (AGM) was held on 13 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 23C Ashutosh Chowdhury Avenue Kci Plaza 3rd Floor, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.13 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹11.16 Lakh (net margin 25.9%) and EBITDA of ₹14.96 Lakh (EBITDA margin 34.7%). Revenue has grown at a compounded annual rate (CAGR) of 332% over three years and 147% over five years.
The last known website on record is minsol.co.in.
Company details
Contact details
Minsol India Private Limited's registered office is in Kolkata, West Bengal. Its website is minsol.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address23C Ashutosh Chowdhury Avenue Kci Plaza 3rd Floor, Kolkata, West Bengal, India – 700019
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Minsol India 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
Financials of Minsol India Private Limited
FY 2024 filings availableMinsol India Private Limited reported revenue of ₹43.13 Lakh (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 147% over five years, including 51% growth in the latest year. EBITDA fell 47% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14.96 Lakh | ||||
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| Net Profit (PAT) | ₹11.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 34.7% | ||||
| Net Profit Margin | 25.9% | ||||
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To see the full financial statements and ratios of Minsol India Private Limited, buy the company report.
Board of directors of Minsol India Private Limited
Minsol India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Gangwal | Director | 12 May 2011 | 15 Years 5 Months | As last reported |
| Shruti Bagrodia | Director | 01 Apr 2023 | 3 Years 6 Months | As last reported |
Peer comparison
Minsol India Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geera Trading Limited | ₹43.19 Lakh (FY 2019) | 278.0% | Ahmedabad, Gujarat, India | |||
| Rapid Fire Multitrading Private Limited | ₹43.19 Lakh (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Tejasavibhav Nidhi Limited | ₹43.13 Lakh (FY 2021) | 1037.0% | Delhi, India | |||
| Minsol India Private Limitedthis company | ₹43.13 Lakh (FY 2024) | ₹11.16 Lakh | 25.9% | 51.0% | Kolkata, West Bengal, India | |
| La-Money Financial Services Private Limited | ₹43.06 Lakh (FY 2025) | 49.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Minsol India Private Limited, buy the company report.
Auditor
Minsol India Private Limited is audited by B KUMAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B KUMAR & CO | FY 2021 | 306098E |
Shareholding
The shareholding of Minsol India Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Minsol India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Minsol India 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 Minsol India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Minsol India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Minsol India Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Shruti Bagrodia ceased to be Additional Director on 28 Sep 2023.
Frequently asked questions
Minsol India has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Minsol India was a private limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 12 May 2011 and is registered under CIN U10300WB2011PTC162572. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Minsol India is U10300WB2011PTC162572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minsol India had 2 directors:
- Santosh Kumar Gangwal - Director
- Shruti Bagrodia - Director
Minsol India was incorporated on 12 May 2011. It is registered with the Registrar of Companies, Kolkata.
Minsol India can be reached through the website minsol.co.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Minsol India is at 23C Ashutosh Chowdhury Avenue Kci Plaza 3rd Floor, Kolkata, West Bengal, India – 700019.
The latest financial statements of Minsol India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 13 May 2024. Year-wise statements from 2015 are in the company report.
Minsol India operated in the financial services industry, in the diversified financial services segment.
The peers of Minsol India by revenue are Geera Trading Limited, Rapid Fire Multitrading Private Limited, Tejasavibhav Nidhi Limited, La-Money Financial Services Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Shruti Bagrodia ceased to be Additional Director on 28 Sep 2023. Shruti Bagrodia was appointed as Director on 01 Apr 2023. Songit Kumar Bagrodia ceased to be Director on 01 Apr 2023. Minsol India has 4 board changes on record in total.