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Monech Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹53,700
▼ 94% YoY
Net loss · FY 2024
₹48.77 Lakh
Latest filing
EBITDA · FY 2024
-₹16.14 Lakh
Latest filing
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹1.35 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Monech Private Limited
Data last updated:
Monech Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC327957. Its GSTIN is 29AAMCM8066H1ZU (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹1.35 Lakh. It is led by directors Darsh Golechha and Naman Golechha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No 202 Mahraja Retreat Tower Gokuldham Kanyapada Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2024, the company reported a revenue of ₹53,700, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹48.77 Lakh and EBITDA of -₹16.14 Lakh.
The company is associated with 2 brands: Monech and Legacynext. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.31 Cr; the latest was in November 2021.
Monech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0157086). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monech.com.
Company details
CIN U74999MH2019PTC327957
Registration Number 327957
Incorporation Date 11 July 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0157086
Key People
Darsh Golechha Director Naman Golechha Director Recognitions & Rankings of Monech
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0157086
Contact details
Monech Private Limited's registered office is in Mumbai, Maharashtra. Its website is monech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No 202 Mahraja Retreat Tower Gokuldham Kanyapada Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Monech Private Limited, buy the company report.
Comprehensive company report
Monech Private Limited - one report that includes everything
- 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
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Brands
Monech operates two associated brands: Monech and Legacynext. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a platform for aggregating wealth data securely. | monech.com | |
| Platform offering will planning software | legacynext.in |
Business activity
The main business activity of Monech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Monech Private Limited, buy the company report.
Financials of Monech Private Limited
FY 2024 filings availableMonech Private Limited reported revenue of ₹53,700 (down 94% YoY) for FY 2024.
Revenue · FY 2024
₹53,700 ▼ 94%
Net loss · FY 2024
₹48.77 Lakh
EBITDA · FY 2024
-₹16.14 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 94%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▼ 93%
Revenue fell 94% in the latest year. EBITDA rose 60% 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 | -₹16.14 Lakh | ||||
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| Net Profit (PAT) | -₹48.77 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Monech Private Limited, buy the company report.
Board of directors of Monech Private Limited
Monech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darsh Golechha | Director | 11 Jul 2019 | 7 Years 3 Months | Current |
| Naman Golechha | Director | 11 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Monech Private Limited is audited by SREEDAR MOHAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SREEDAR MOHAN & ASSOCIATES | FY 2020 | 012722S |
Shareholding
The shareholding of Monech Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Monech Private Limited, buy the company report.
Deals & funding
Monech Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.31 Cr; the latest was in November 2021.
Total deals
4
Funding rounds
2
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹1.31 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Rights issue | ₹32.8 Lakh | Investors: Somphony9 LLC, 2 individuals |
| May 2021 | Funding round | ₹1.25 Cr | Investors: Sprout Angels |
| Dec 2020 | Funding round | ₹6 Lakh | Investors: 2 individuals |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Jito Incubation and Innovation Foundation Seller: an individual |
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 Monech 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 Monech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Monech has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM8066H1ZU | Karnataka | Active | 24 Dec 2021 |
To see the full GST registrations and return filing status of Monech Private Limited, buy the company report.
Recent activity
Monech Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Darsh Golechha was appointed as Director on 11 Jul 2019.
AGM
Monech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Monech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Appointed
Darsh Golechha was appointed as Director.
Appointed
Naman Golechha was appointed as Director.
Incorporation
11 Jul 2019
Monech Private Limited was registered on 11 Jul 2019 with Roc Mumbai I & aged 7 years 3 months as per MCA records.
Frequently asked questions
Monech is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 July 2019 (7+ years old) and is registered under CIN U74999MH2019PTC327957.
Monech has 2 current directors:
- Darsh Golechha - Director
- Naman Golechha - Director
The latest financial statements of Monech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Monech is 29AAMCM8066H1ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Monech is U74999MH2019PTC327957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monech was incorporated on 11 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Monech has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.31 Cr; the latest was in November 2021.
Darsh Golechha was appointed as Director on 11 Jul 2019. Naman Golechha was appointed as Director on 11 Jul 2019.
Yes, Monech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Monech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0157086).