About Monarays Softech Private Limited
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Monarays Softech Private Limited is a private limited company based in Mormugao, Goa, India, a subsidiary of Monarays Marine Services Private Limited. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 03 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74999GA2015PTC007754. Its GSTIN is 27AAKCM0172C1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Satish Seth and Chetan Seth.
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 Mormugao, Goa.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.45 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Lakh (net margin 6.4%) and EBITDA of ₹7.07 Lakh (EBITDA margin 25.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
As per MCA filings, the company has open charges of ₹8.15 Cr and satisfied charges of ₹60.1 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monarays.com.
Company details
Contact details
Monarays Softech Private Limited's registered office is in Mormugao, Goa. Its website is monarays.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDg – 4 Ground Floor, Greva Plaza 04 – B – Block, Mormugao, Goa, India – 403726
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Monarays Softech 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
Business activity
The main business activity of Monarays Softech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Monarays Softech Private Limited, buy the company report.
Financials of Monarays Softech Private Limited
FY 2025 filings availableMonarays Softech Private Limited reported revenue of ₹27.45 Lakh (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 192% 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 | ₹7.07 Lakh | ||||
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| Net Profit (PAT) | ₹1.76 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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| EBITDA Margin | 25.8% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Monarays Softech Private Limited, buy the company report.
Board of directors of Monarays Softech Private Limited
Monarays Softech has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Seth Also directs: Monarays Marine Services Private Limited | Director | 03 Nov 2015 | 11 Years 0 Months | Current |
| Chetan Seth Also directs: Monarays Marine Services Private Limited | Director | 03 Nov 2015 | 11 Years 0 Months | Current |
| Bharat Seth Also directs: Monarays Marine Services Private Limited | Director | 03 Nov 2015 | 11 Years 0 Months | Current |
Auditor
Monarays Softech Private Limited is audited by CHANDRASHEKAR IYER & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRASHEKAR IYER & CO | FY 2020 | 114260W |
Shareholding
The shareholding of Monarays Softech Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Monarays Softech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2025 | 101154640 | Others | ₹4.99 Cr | Open | |
| 07 Oct 2022 | 100615576 | Hdfc Bank Limited | ₹3.16 Cr | Open | |
| 08 Feb 2016 | 100058164 | Others | ₹60.1 Lakh | Satisfied |
To see the full charge records of Monarays Softech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Monarays Softech 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 Monarays Softech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Monarays Softech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM0172C1ZR | Maharashtra | Active | 08 Nov 2017 |
To see the full GST registrations and return filing status of Monarays Softech Private Limited, buy the company report.
Recent activity
Monarays Softech Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Bharat Seth was appointed as Director on 03 Nov 2015.
Frequently asked questions
Monarays Softech is an active private limited company based in Mormugao, Goa, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 03 November 2015 (11+ years old) and is registered under CIN U74999GA2015PTC007754.
Monarays Softech has 3 current directors:
- Satish Seth - Director
- Chetan Seth - Director
- Bharat Seth - Director
The latest financial statements of Monarays Softech 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 FY 2016 are in the company report.
The GSTIN of Monarays Softech is 27AAKCM0172C1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Monarays Softech is U74999GA2015PTC007754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monarays Softech was incorporated on 03 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Goa.
Bharat Seth was appointed as Director on 03 Nov 2015. Chetan Seth was appointed as Director on 03 Nov 2015. Satish Seth was appointed as Director on 03 Nov 2015.
Monarays Softech can be reached through the website monarays.com. Its registered office is in Mormugao, Goa, India.
The registered office of Monarays Softech is at Dg – 4 Ground Floor, Greva Plaza 04 – B – Block, Mormugao, Goa, India – 403726.
Monarays Softech operates in the information technology industry, in the web design and maintenance services segment.
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