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. Its 10 peer companies in the BFSI industry (Other Financial Services) are compared by revenue, 5 larger and 5 smaller; the largest is NJ Wealth Management Private Limited with revenue of ₹5 Cr.
The last known website on record is scripbox.com.
- EmailLocked
- TelephoneLocked
- 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
- 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
- One PDF report, delivered after checkout
Associated Brands with Mitraz Financial Services Private Limited
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 of Mitraz Financial Services Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mitraz Financial Services Private Limited FY 2023 filings available
Mitraz Financial Services Private Limited reported revenue of ₹4.99 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mitraz Financial Services Private Limited
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 of Mitraz Financial Services Private Limited
| 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 | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹15.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.09 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mitraz Financial Services Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mitraz Financial Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 |
Peer Comparison of Mitraz Financial Services Private Limited
Mitraz Financial Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NJ Wealth Management Private Limited | ₹5 Cr (FY 2016) | •••• | •••• | 53.0% | •••• | Mumbai, Maharashtra, India |
| Conceptreneur Ventures Private Limited | ₹5 Cr (FY 2024) | •••• | •••• | -52.0% | •••• | Mumbai, Maharashtra, India |
| Ics Assure Services Private Limited | ₹5 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Singhal Medicos Private Limited | ₹5 Cr (FY 2025) | •••• | •••• | 408.0% | •••• | Punjab, India |
| Four Bridges Capital Advisors Private Limited | ₹5 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Mitraz Financial Services Private Limited this company | ₹4.99 Cr (FY 2023) | •••• | •••• | 10.0% | •••• | Varthur Hobli, Karnataka, India |
| Equator Holdings Pvt Ltd | ₹4.99 Cr (FY 2025) | •••• | •••• | 164.0% | •••• | Mumbai, Maharashtra, India |
| Presecure Security Solutions Private Limited | ₹4.99 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Ayan Analytics Private Limited | ₹4.99 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Thane, Maharashtra, India |
| Pas Finance and Trade Private Limited | ₹4.99 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Asansol, West Bengal, India |
| Degree 212 Investment Services & Imf Private Limited | ₹4.99 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mitraz Financial Services by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mitraz Financial Services Private Limited
Mitraz Financial Services Private Limited is audited by S. R. Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. R. Batliboi & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mitraz Financial Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mitraz Financial Services Private Limited
Mitraz Financial Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Mitraz Financial Services Private Limited
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 |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Mitraz Financial Services Private Limited
Mitraz Financial Services Private Limited has a workforce of 17 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mitraz Financial Services Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mitraz Financial Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mitraz Financial Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mitraz Financial Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mitraz Financial Services Private Limited
Mitraz Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM7753H1Z0 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mitraz Financial Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Mitraz Financial Services Private Limited
Frequently Asked Questions about Mitraz Financial Services Private Limited
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.
Mitraz Financial Services reported revenue of ₹4.99 Cr for FY 2023 (up 10% YoY).
Mitraz Financial Services has an authorised share capital of ₹5 Cr and a paid-up capital of ₹8.49 Lakh.
Mitraz Financial Services reported a net loss of ₹17.09 Lakh (net margin -3.4%) and EBITDA of -₹15.54 Lakh (EBITDA margin -3.1%) for FY 2023, as per its filed financial statements.
The GSTIN of Mitraz Financial Services is 29AAGCM7753H1Z0, registered in Karnataka.