About Mintoak Innovations Private Limited
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Mintoak Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 04 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC299322. Its GSTIN is 27AALCM3046N1Z0 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors including Rama Tadepalli (Whole-Time Director) and Raman Khanduja (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.73 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹32.56 Cr (net margin 30.5%) and EBITDA of ₹36.71 Cr (EBITDA margin 34.4%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years and 168% over five years.
The company is associated with 1 brand: Mintoak. The company has 19 deals on record (9 secondary share transfers, 6 funding rounds, 3 rights issues), with disclosed funding of ₹243.23 Cr; the latest was in August 2026. Its 10 peer companies in the same principal business activity (other support services to organizations) are compared by revenue, 5 larger and 5 smaller; the largest is Exhibitions India Private Limited with revenue of ₹107.74 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mintoak.com.
Company details
Contact details
Mintoak Innovations Private Limited's registered office is in Mumbai, Maharashtra. Its website is mintoak.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressInnov8 Marol Pan Infotech, 6th Floor Sag Baug Marol Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Mintoak Innovations 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
Mintoak Innovations operates one associated brand: Mintoak. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital payments and engagement solutions are offered for MSMEs. | mintoak.com |
Business activity
The main business activity of Mintoak Innovations 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 Mintoak Innovations Private Limited, buy the company report.
Financials of Mintoak Innovations Private Limited
FY 2025 filings availableMintoak Innovations Private Limited reported revenue of ₹106.73 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 168% over five years, including 27% growth in the latest year. EBITDA rose 5% 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 | FY 2020-21 |
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| EBITDA | ₹36.71 Cr | ||||
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| Net Profit (PAT) | ₹32.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 34.4% | ||||
| Net Profit Margin | 30.5% | ||||
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To see the full financial statements and ratios of Mintoak Innovations Private Limited, buy the company report.
Board of directors and KMP of Mintoak Innovations Private Limited
Mintoak Innovations Private Limited currently reports 4 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koni Uttam Nayak Also directs: Shirali Mavinkatta Associates LLP, SBFC Finance Limited, Mintoak Innovations Private Limited and 1 more | Director | 10 May 2023 | 3 Years 5 Months | Current |
| Rama Tadepalli Also directs: Mintoak Innovations Private Limited | Whole-Time Director | 09 Nov 2017 | 8 Years 11 Months | Current |
| Raman Khanduja | Whole-Time Director | 04 Sep 2017 | 9 Years 1 Months | Current |
| Sanjay Maurice Nazareth | Whole-Time Director | 04 Sep 2017 | 9 Years 1 Months | Current |
| Rohit Ramana | Cfo | 01 Apr 2020 | 6 Years 6 Months | Current |
Peer comparison
Mintoak Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Exhibitions India Private Limited | ₹107.74 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Shubham Biz Facility Management Private Limited | ₹107.58 Cr (FY 2025) | 13.0% | Pune, Maharashtra, India | |||
| Abec Exhibitions & Conferences Private Limited | ₹107.53 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Linkers India Logistics Private Limited | ₹107.34 Cr (FY 2025) | 19.0% | Delhi, India | |||
| Multiplier Technologies India Private Limited | ₹106.86 Cr (FY 2025) | 65.0% | Bengaluru, Karnataka, India | |||
| Mintoak Innovations Private Limitedthis company | ₹106.73 Cr (FY 2025) | ₹32.56 Cr | 30.5% | 27.0% | Mumbai, Maharashtra, India | |
| Intellect Support Services Private Limited | ₹106.68 Cr (FY 2024) | -29.0% | New Delhi, Delhi, India | |||
| Alert Intelligence Services Limited | ₹106.4 Cr (FY 2025) | 3.0% | Lucknow, Uttar Pradesh, India | |||
| H & M Hennes & Mauritz India Private Limited | ₹106.34 Cr (FY 2025) | -18.0% | Bangalore, Karnataka, India | |||
| Biomet Visa(India) Private Limited | ₹105.74 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Idc Technologies Solutions India Private Limited | ₹105.54 Cr (FY 2025) | -75.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mintoak Innovations Private Limited, buy the company report.
Auditor
Mintoak Innovations Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W100018 |
Shareholding
The shareholding of Mintoak Innovations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Mintoak Innovations Private Limited, buy the company report.
Deals & funding
Mintoak Innovations Private Limited has 19 deals on record (9 secondary share transfers, 6 funding rounds, 3 rights issues), with disclosed funding of ₹243.23 Cr; the latest was in August 2026.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Debt financing | ₹80 Cr | Investors: Blacksoil Group |
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: Z3Partners |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Pravega Ventures Seller: Chander Family Private Trust, 3 individuals |
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: HDFC Bank Limited , British International Investment (CDC Group), White Whale Ventures Seller: JANA, 3 individuals |
| Jan 2023 | Funding round · Series A | ₹131.72 Cr | Investors: Paypal Inc, HDFC Bank Limited , British International Investment (CDC Group) |
To see the full deal history of Mintoak Innovations Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mintoak Innovations 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 Mintoak Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mintoak Innovations has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM3046N1Z0 | Maharashtra | Active | 06 Oct 2017 |
| 29AALCM3046N1ZW | Karnataka | Active | 14 May 2019 |
To see the full GST registrations and return filing status of Mintoak Innovations Private Limited, buy the company report.
Recent activity
Mintoak Innovations Private Limited has 9 board changes on record since 2017: 5 appointments and 4 cessations. The latest: Koni Uttam Nayak ceased to be Additional Director on 02 Jun 2023.
News
Frequently asked questions
Mintoak Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 04 September 2017 (9+ years old) and is registered under CIN U74999MH2017PTC299322.
Mintoak Innovations has 5 current directors and KMP:
- Rama Tadepalli - Whole-Time Director
- Raman Khanduja - Whole-Time Director
- Sanjay Maurice Nazareth - Whole-Time Director
- Koni Uttam Nayak - Director
- Rohit Ramana - Cfo
The latest financial statements of Mintoak Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Mintoak Innovations is 27AALCM3046N1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AALCM3046N1ZW (Karnataka).
The CIN (Corporate Identification Number) of Mintoak Innovations is U74999MH2017PTC299322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mintoak Innovations was incorporated on 04 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Mintoak Innovations has 19 deals on record (9 secondary share transfers, 6 funding rounds, 3 rights issues), with disclosed funding of ₹243.23 Cr; the latest was in August 2026.
The peers of Mintoak Innovations by revenue are Exhibitions India Private Limited, Shubham Biz Facility Management Private Limited, Abec Exhibitions & Conferences Private Limited, Linkers India Logistics Private Limited, Multiplier Technologies India Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Koni Uttam Nayak ceased to be Additional Director on 02 Jun 2023. Koni Uttam Nayak was appointed as Director on 10 May 2023. Raman Khanduja ceased to be Director on 09 May 2023. Mintoak Innovations has 9 board changes on record in total.
Mintoak Innovations can be reached through the website mintoak.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mintoak Innovations is at Innov8 Marol Pan Infotech, 6th Floor Sag Baug Marol Andheri East, Mumbai, Maharashtra, India – 400059.