
About Monethics Solutions Private Limited
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Monethics Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT services segment of the services sector. It was incorporated on 03 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2020PTC335466. Its GSTIN is 27AANCM2135L1Z6 (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Nishit Sharad Zaveri and Raj Bhavesh Doshi.
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 1st Floor B – Wing Balsmruti Apartment Murar Road, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.39 Lakh (net margin -8.3%) and EBITDA of ₹47.49 Lakh (EBITDA margin 89.4%). Revenue has grown at a compounded annual rate (CAGR) of 158% over five years.
The company is associated with 1 brand: Monethics.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monethics.in.
Company details
CIN history
Monethics Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70200MH2020PTC335466, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200MH2020PTC335466 | Current |
| U74999MH2020PTC335466 | Previous |
| U20237MH2020PTC335466 | Previous |
Recognitions & Rankings of Monethics Solutions
Contact details
Monethics Solutions Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Apps
- Registered Address1st Floor B – Wing Balsmruti Apartment Murar Road, Mumbai, Maharashtra, India – 400080
- IndustryService, Information Technology 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
Brands
Monethics Solutions operates one associated brand: Monethics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides an app-based platform for personal loan services. | monethics.in |
Financials of Monethics Solutions Private Limited
FY 2025 filings availableMonethics Solutions Private Limited reported revenue of ₹53.14 Lakh (up 602% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 158% over five years, including 602% growth 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 | ₹47.49 Lakh | ||||
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| Net Profit (PAT) | -₹4.39 Lakh | ||||
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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 | 89.4% | ||||
| Net Profit Margin | -8.3% | ||||
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To see the full financial statements and ratios of Monethics Solutions Private Limited, buy the company report.
Board of directors of Monethics Solutions Private Limited
Monethics Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishit Sharad Zaveri Also directs: Kaivalyam Solutions LLP, Monethics Techtrade LLP | Director | 03 Jan 2020 | 6 Years 10 Months | Current |
| Raj Bhavesh Doshi Also directs: Monethics Techtrade LLP | Director | 05 Apr 2022 | 4 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Monethics Solutions 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
Monethics Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 3 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dow Media Private Limited |
To see the full MSME payment records of Monethics Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Monethics Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCM2135L1Z6 | Maharashtra | Active | 25 Feb 2020 |
To see the full GST registrations and return filing status of Monethics Solutions Private Limited, buy the company report.
Recent activity
Monethics Solutions Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Jaxay Sharad Kumar Shah ceased to be Director on 16 Apr 2024.
Frequently asked questions
Monethics Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 03 January 2020 (6+ years old) and is registered under CIN U70200MH2020PTC335466.
Monethics Solutions has 2 current directors:
- Nishit Sharad Zaveri - Director
- Raj Bhavesh Doshi - Director
The latest financial statements of Monethics Solutions 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 2020 are in the company report.
The GSTIN of Monethics Solutions is 27AANCM2135L1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Monethics Solutions is U70200MH2020PTC335466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monethics Solutions was incorporated on 03 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Jaxay Sharad Kumar Shah ceased to be Director on 16 Apr 2024. Raj Bhavesh Doshi ceased to be Additional Director on 30 Sep 2022. Tejas Ashok Sanghvi ceased to be Director on 12 Apr 2022. Monethics Solutions has 7 board changes on record in total.
Yes, Monethics Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Monethics Solutions has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 27 Apr 2021.
Monethics Solutions can be reached through the website monethics.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Monethics Solutions is at 1st Floor B – Wing Balsmruti Apartment Murar Road, Mumbai, Maharashtra, India – 400080.

