About Mitraz Financial Services Private Limited
Data last updated:
Mitraz Financial Services Private Limited was a private limited company based in Varthur Hobli, Karnataka, India, operated as a subsidiary of Scripbox Advisors Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 28 September 2010.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2010PTC055328. Its GSTIN is 29AAGCM7753H1Z0 (Karnataka).
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹8.49 Lakh. It was led by directors including Sanjiv Singhal and Atul Vimal Shinghal.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Varthur Hobli, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.99 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹17.09 Lakh (net margin -3.4%) and EBITDA of -₹15.54 Lakh (EBITDA margin -3.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 21% over five years.
The company had about 17 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Mitraz and Scripbox. The company has 9 deals on record (8 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.66 Cr; the latest was in January 2020.
The last known website on record is scripbox.com.
Company details
Contact details
Mitraz Financial Services Private Limited's registered office is in Varthur Hobli, Karnataka. Its website is scripbox.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.23 3rd Floor Indiqube Leela Galleria Airport Road Hal Ll Stage Kodihalli VI, Llage, Varthur Hobli, Karnataka, India – 560008
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Mitraz Financial Services 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
Mitraz Financial Services operates two associated brands: Mitraz and Scripbox. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wealth management services are provided to clients in India. | mitraz.financial | |
| Platform offering mutual fund investments, financial planning, and wealth growth services | scripbox.com |
Business activity
The main business activity of Mitraz Financial Services 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 Mitraz Financial Services Private Limited, buy the company report.
Financials of Mitraz Financial Services Private Limited
FY 2023 filings availableMitraz Financial Services Private Limited reported revenue of ₹4.99 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 10% growth in the latest year. EBITDA rose 92% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.99 Cr | ||||
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| EBITDA | -₹15.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.09 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.1% | ||||
| Net Profit Margin | -3.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mitraz Financial Services Private Limited, buy the company report.
Board of directors of Mitraz Financial Services Private Limited
Mitraz Financial Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Singhal | Director | 01 Jan 2021 | 5 Years 9 Months | As last reported |
| Atul Vimal Shinghal | Director | 01 Jan 2021 | 5 Years 9 Months | As last reported |
| Priyanka Ajmera Chitlangia Also directs: Adi Finshiksha Consultants Private Limited | Director | 15 Mar 2021 | 5 Years 7 Months | As last reported |
Auditor
Mitraz Financial Services Private Limited is audited by S. R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Mitraz Financial Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mitraz Financial Services Private Limited, buy the company report.
Deals & funding
Mitraz Financial Services Private Limited has 9 deals on record (8 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.66 Cr; the latest was in January 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Funding round | ₹1.45 Cr | Investors: 4 individuals |
| Apr 2018 | Funding round | ₹2.3 Cr | Investors: 4 individuals |
| Nov 2016 | Funding round | ₹75 Lakh | Investors: 2 individuals |
| Jan 2016 | Funding round | ₹1 Cr | Investors: an individual |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
To see the full deal history of Mitraz Financial Services 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 Mitraz Financial Services 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 Mitraz Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mitraz Financial Services Private Limited has a workforce of 17 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Mitraz Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM7753H1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mitraz Financial Services Private Limited, buy the company report.
Recent activity
Mitraz Financial Services Private Limited has 10 board changes on record since 2021: 3 appointments and 7 cessations. The latest: Priyanka Ajmera Chitlangia was appointed as Director on 15 Mar 2021.
1 earlier event is in the company report.
News
Frequently asked questions
Mitraz Financial Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mitraz Financial Services was a private limited company based in Varthur Hobli, Karnataka, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 28 September 2010 and is registered under CIN U74140KA2010PTC055328. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mitraz Financial Services was incorporated on 28 September 2010. It is registered with the Registrar of Companies, Bangalore.
Mitraz Financial Services had 3 directors:
- Sanjiv Singhal - Director
- Atul Vimal Shinghal - Director
- Priyanka Ajmera Chitlangia - Director
The CIN (Corporate Identification Number) of Mitraz Financial Services is U74140KA2010PTC055328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mitraz Financial Services is at No.23 3rd Floor Indiqube Leela Galleria Airport Road Hal Ll Stage Kodihalli VI, Llage, Varthur Hobli, Karnataka, India – 560008.
Mitraz Financial Services can be reached through the website scripbox.com. Its registered office is in Varthur Hobli, Karnataka, India.
The latest financial statements of Mitraz Financial Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Mitraz Financial Services is 29AAGCM7753H1Z0, registered in Karnataka.
Mitraz Financial Services operated in the financial services industry, in the diversified financial services segment.