About Movida India Private Limited
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Movida India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 29 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2008PTC189206. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹61 Cr and a paid-up capital of ₹60.71 Cr. It was formerly known as Monitise India Private Limited and Mobitransact Services Private Limited. It is led by directors including Stuart Forgan Kevin and Sameer Bipin Gandhi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 903 Shreenath Chs Limited Liberty Garden Malad West, Mumbai, Maharashtra, India – 400064.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Movida India. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website movida.in.
Company details
Name history
Movida India has undergone 2 name changes throughout its history. The company was previously known as Monitise India Private Limited, and Mobitransact Services Private Limited. The current legal name is Movida India Private Limited.
| Company Name | Status |
|---|---|
| Movida India Private Limited | Current |
| Monitise India Private Limited | Previous |
| Mobitransact Services Private Limited | Previous |
Contact details
Movida India Private Limited's registered office is in Mumbai, Maharashtra. Its website is movida.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address903 Shreenath Chs Limited Liberty Garden Malad West, Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Movida India 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
Brands
Movida India operates one associated brand: Movida India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A mobile payment platform tailored for mobile operators and financial institutions. | movida.in |
Financials of Movida India Private Limited
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Movida India Private Limited, buy the company report.
Board of directors of Movida India Private Limited
Movida India has 6 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stuart Forgan Kevin | Director | 11 Feb 2022 | 4 Years 8 Months | Current |
| Sameer Bipin Gandhi | Director | 29 Mar 2018 | 8 Years 7 Months | Current |
| Sandeep Ghosh | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Jasmeet Singh Wadehra | Director | 26 Sep 2019 | 7 Years 1 Months | Current |
| Nitu Agarwal | Director | 10 Jul 2025 | 1 Years 3 Months | Current |
| Roopa Mahesh Bharvani | Director | 10 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Movida India Private Limited is audited by V S P V & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S P V & Co | FY 2023 | 005483N |
Shareholding
The shareholding of Movida India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Movida India Private Limited, buy the company report.
Legal cases
Movida India Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-12, Mumbai | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by Chief Commissioner of Income Tax(Osd) | Disposed |
To see the full case history of Movida India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Movida India Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 10 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 |
|---|---|---|---|
| Grant Thornton Advisory Private Limited |
To see the full MSME payment records of Movida India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Movida India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Movida India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Movida India Private Limited, buy the company report.
Recent activity
Movida India Private Limited has 56 board changes on record since 2008: 31 appointments and 25 cessations. The latest: Nitu Agarwal was appointed as Director on 10 Jul 2025.
47 earlier events are in the company report.
Frequently asked questions
Movida India is an active private limited company based in Mumbai, Maharashtra, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 29 December 2008 (18+ years old) and is registered under CIN U93000MH2008PTC189206.
Movida India has 6 current directors:
- Stuart Forgan Kevin - Director
- Sameer Bipin Gandhi - Director
- Sandeep Ghosh - Director
- Jasmeet Singh Wadehra - Director
- Nitu Agarwal - Director
- Roopa Mahesh Bharvani - Director
The latest financial statements of Movida India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Movida India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Movida India is U93000MH2008PTC189206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Movida India has 2 court cases on record: 2 filed against it. 1 is pending.
Movida India was incorporated on 29 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Nitu Agarwal was appointed as Director on 10 Jul 2025. Roopa Mahesh Bharvani was appointed as Director on 10 Jul 2025. Vishal Kumar Pratapwant ceased to be Director on 08 Jul 2025. Movida India has 56 board changes on record in total.
Movida India has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 10 overdue payments to 1 micro and small supplier. The latest return was filed on 14 Nov 2023.
Movida India can be reached through the website movida.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Movida India is at 903 Shreenath Chs Limited Liberty Garden Malad West, Mumbai, Maharashtra, India – 400064.
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