Monalisa Software Exports Limited
About Monalisa Software Exports Limited
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Monalisa Software Exports Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 December 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1989PLC013131.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹29.9 Lakh. It was formerly known as Memon Exports Company Private Limited. It is led by directors including Shamim Sheikh and Rafiqunnisa Maqsood Merchant.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹10,000, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹29,355 (net margin -293.6%) and EBITDA of -₹23,707 (EBITDA margin -237.1%). Revenue has declined at a compounded annual rate (CAGR) of 60% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Monalisa Software Exports has one previous CIN (Corporate Identification Number): U99999GJ1989PLC013131. The current CIN is U51909GJ1989PLC013131, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909GJ1989PLC013131 | Current |
| U99999GJ1989PLC013131 | Previous |
Contact details
Monalisa Software Exports Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address924 9th Floor, Fortune Tower, Vadodara, Gujarat, India – 390020
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Monalisa Software Exports 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 Monalisa Software Exports Limited
FY 2025 filings availableMonalisa Software Exports Limited reported revenue of ₹10,000 (down 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 93% fall in the latest year. EBITDA fell 136% 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 | -₹23,707 | ||||
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| Net Profit (PAT) | -₹29,355 | ||||
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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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| Profitability | |||||
| EBITDA Margin | -237.1% | ||||
| Net Profit Margin | -293.6% | ||||
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To see the full financial statements and ratios of Monalisa Software Exports Limited, buy the company report.
Board of directors of Monalisa Software Exports Limited
Monalisa Software Exports has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shamim Sheikh Also directs: M.P.Agro Industries Limited, Bhavnagar Agro Industries Limited, Liberty Fertilizers Limited and 4 more | Director | 09 Mar 2017 | 9 Years 8 Months | Current |
| Rafiqunnisa Maqsood Merchant Also directs: M.P.Agro Industries Limited, Bhavnagar Agro Industries Limited, Liberty Fertilizers Limited and 4 more | Director | 09 Mar 2017 | 9 Years 8 Months | Current |
| Mohammedyunus Rashidbhai Memon Also directs: M.P.Agro Industries Limited, Bhavnagar Agro Industries Limited, Liberty Fertilizers Limited and 3 more | Director | 25 Sep 2008 | 18 Years 1 Months | Current |
Peer comparison
Monalisa Software Exports Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Foison Technology Solution Private Limited | ₹10,102 (FY 2025) | 3495.0% | New Delhi, Delhi, India | |||
| Adaequare Software Engineering Private Limited | ₹10,001 (FY 2025) | Hyderabad, Telangana, India | ||||
| Monalisa Software Exports Limitedthis company | ₹10,000 (FY 2025) | -₹29,355 | -293.6% | -93.0% | Vadodara, Gujarat, India | |
| Alphamattics Ventures Private Limited | ₹10,000 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Visible Campus Technology Solutions Private Limited | ₹10,000 (FY 2024) | -55.0% | Bangalore, Karnataka, India | |||
| Hashcube Technologies Private Limited | ₹10,000 (FY 2025) | Bengaluru, Karnataka, India | ||||
| Stowe Software Private Limited | ₹10,000 (FY 2024) | New Delhi, Delhi, India | ||||
| R G Developers Private Limited | ₹10,000 (FY 2020) | New Delhi, Delhi, India | ||||
| Unilytics Technologies Private Limited | ₹10,000 (FY 2024) | Hyderabad, Telangana, India | ||||
| Mogae Digital Private Limited | ₹9,960 (FY 2023) | -21.0% | Mumbai, Maharashtra, India | |||
| Intllspace Solutions Private Limited | ₹9,891 (FY 2025) | -100.0% | New Delhi, Delhi, India |
To see the full peer comparison of Monalisa Software Exports Limited, buy the company report.
Auditor
Monalisa Software Exports Limited is audited by PARIKH SHAH CHOTALIA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIKH SHAH CHOTALIA & ASSOCIATES | FY 2018 | 118493W |
Shareholding
The shareholding of Monalisa Software Exports Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Monalisa Software Exports Limited, buy the company report.
Legal cases
No court or tribunal cases involving Monalisa Software Exports 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 Monalisa Software Exports 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 Monalisa Software Exports Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Monalisa Software Exports Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Rabiabai Abdulrazak Dhanani ceased to be Director on 07 Oct 2020.
Frequently asked questions
Monalisa Software Exports is an active public limited company based in Vadodara, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 December 1989 (37+ years old) and is registered under CIN U51909GJ1989PLC013131.
Monalisa Software Exports has 3 current directors:
- Shamim Sheikh - Director
- Rafiqunnisa Maqsood Merchant - Director
- Mohammedyunus Rashidbhai Memon - Director
The latest financial statements of Monalisa Software Exports on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Monalisa Software Exports is U51909GJ1989PLC013131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monalisa Software Exports was incorporated on 19 December 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Monalisa Software Exports by revenue are Foison Technology Solution Private Limited, Adaequare Software Engineering Private Limited, Alphamattics Ventures Private Limited, Visible Campus Technology Solutions Private Limited, Hashcube Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Rabiabai Abdulrazak Dhanani ceased to be Director on 07 Oct 2020. Rafiqunnisa Maqsood Merchant ceased to be Additional Director on 30 Sep 2017. Shamim Sheikh ceased to be Additional Director on 30 Sep 2017. Monalisa Software Exports has 9 board changes on record in total.
The registered office of Monalisa Software Exports is at 924 9th Floor, Fortune Tower, Vadodara, Gujarat, India – 390020.
Monalisa Software Exports operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Monalisa Software Exports is compliant as of 05 July 2026. The company is actively filing with the Registrar of Companies.
Yes. Monalisa Software Exports was formerly known as Memon Exports Company Private Limited.
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