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Pistis Financial Services Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.62 Lakh
▼ 70% YoY
Net loss · FY 2025
₹20.15 Lakh
Net margin -159.7%
EBITDA · FY 2025
-₹17.12 Lakh
EBITDA margin -135.6%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹35.6 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Pistis Financial Services Private Limited
Data last updated:
Pistis Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 01 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2019PTC323516. Its GSTIN is 27AAKCP4710H1ZE (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹35.6 Lakh. It is led by directors including Saurabh Shankar and Bimal Kumaar.
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 74 Techno Park 74 II C Cross Road Opp Gate No 2 MIDC 4 93 Seepz Andheri (East) Mumbai, 400047, Maharashtra, India – 400047.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.62 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹20.15 Lakh (net margin -159.7%) and EBITDA of -₹17.12 Lakh (EBITDA margin -135.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 44% over five years.
The company is associated with 1 brand: RefreshMint. The company has 6 deals on record (4 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹4.55 Cr; the latest was in April 2022. The company has 3 MSME Form 1 returns on record between 2021 and 2022, listing 10 overdue payments to 1 micro and small supplier.
For more details, the company can be reached via its website refreshmint.in.
Company details
CIN U74110MH2019PTC323516
Registration Number 323516
Incorporation Date 01 April 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
CIN history
Pistis Financial Services has one previous CIN (Corporate Identification Number): U67100MH2019PTC323516. The current CIN is U74110MH2019PTC323516, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2019PTC323516 | Current |
| U67100MH2019PTC323516 | Previous |
Recognitions & Rankings of Pistis Financial Services
Contact details
Pistis Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is refreshmint.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address74 Techno Park 74 II C Cross Road Opp Gate No 2 MIDC 4 93 Seepz Andheri (East) Mumbai, 400047, Maharashtra, India – 400047
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Pistis Financial Services Private Limited, buy the company report.
Comprehensive company report
Pistis Financial Services 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
Pistis Financial Services operates one associated brand: RefreshMint. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI based solutions for acquisition of financial services | refreshmint.in |
Business activity
The main business activity of Pistis Financial Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Pistis Financial Services Private Limited, buy the company report.
Financials of Pistis Financial Services Private Limited
FY 2025 filings availablePistis Financial Services Private Limited reported revenue of ₹12.62 Lakh (down 70% YoY) for FY 2025.
Revenue · FY 2025
₹12.62 Lakh ▼ 70%
Net loss · FY 2025
₹20.15 Lakh margin -159.7%
EBITDA · FY 2025
-₹17.12 Lakh margin -135.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 6%
5 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▼ 906%
3 years · compounded
▲ 59%
5 years · compounded
▲ 18%
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA fell 906% 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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| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | -₹17.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.15 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -135.6% | ||||
| Net Profit Margin | -159.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Pistis Financial Services Private Limited, buy the company report.
Board of directors of Pistis Financial Services Private Limited
Pistis Financial Services has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Shankar Also directs: Saurabh Shankar Financial Services LLP | Director | 08 Jul 2024 | 2 Years 4 Months | Current |
| Bimal Kumaar | Director | 07 Feb 2022 | 4 Years 9 Months | Current |
| Sumit Singh | Director | 08 Jul 2024 | 2 Years 4 Months | Current |
Auditor
Pistis Financial Services Private Limited is audited by GOVIND PRASAD & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOVIND PRASAD & CO. | FY 2022 | 114360W |
Shareholding
The shareholding of Pistis Financial Services Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pistis Financial Services Private Limited, buy the company report.
Deals & funding
Pistis Financial Services Private Limited has 6 deals on record (4 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹4.55 Cr; the latest was in April 2022.
Total deals
6
Funding rounds
4
Convertible or debt financings
2
Disclosed funding
₹4.55 Cr
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Funding round | ₹15.2 Lakh | Investors: Riqueza Capital |
| Jul 2021 | Funding round | ₹2.36 Cr | Investors: Riqueza Capital, Angel List, an individual |
| Jun 2020 | Funding round | ₹1.25 Cr | Investors: Blackmilk Media Private Limited , 3 individuals |
| May 2019 | Funding round | ₹26 Lakh | Investors: Saurabh Shankar Financial Services LLP , an individual |
To see the full deal history of Pistis Financial Services Private Limited, buy the company report.
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 Pistis Financial Services 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
Pistis Financial Services Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, 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 |
|---|---|---|---|
| Applied Cloud Computing Private Limited |
To see the full MSME payment records of Pistis Financial Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Pistis Financial Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP4710H1ZE | Maharashtra | Active | 18 Jul 2019 |
To see the full GST registrations and return filing status of Pistis Financial Services Private Limited, buy the company report.
Recent activity
Pistis Financial Services Private Limited has 8 board changes on record since 2022: 3 appointments and 5 cessations. The latest: Sumit Singh ceased to be Additional Director on 29 Sep 2024.
AGM
Pistis Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pistis Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Sumit Singh ceased to be Additional Director.
Appointed
Saurabh Shankar was appointed as Director.
Appointed
Sumit Singh was appointed as Director.
Ceased
Bimal Kumaar ceased to be Additional Director.
Ceased
Vaibhav Velhankar ceased to be Additional Director.
Ceased
Reeta Shankar ceased to be Director.
Ceased
Saurabh Shankar ceased to be Director.
Appointed
Bimal Kumaar was appointed as Director.
Incorporation
01 Apr 2019
Pistis Financial Services Private Limited was registered on 01 Apr 2019 with Roc Mumbai & aged 7 years 7 months as per MCA records.
Frequently asked questions
Pistis Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 01 April 2019 (7+ years old) and is registered under CIN U74110MH2019PTC323516.
Pistis Financial Services has 3 current directors:
- Saurabh Shankar - Director
- Bimal Kumaar - Director
- Sumit Singh - Director
The latest financial statements of Pistis Financial Services 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 Pistis Financial Services is 27AAKCP4710H1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pistis Financial Services is U74110MH2019PTC323516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pistis Financial Services was incorporated on 01 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Pistis Financial Services has 6 deals on record (4 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹4.55 Cr; the latest was in April 2022.
Sumit Singh ceased to be Additional Director on 29 Sep 2024. Saurabh Shankar was appointed as Director on 08 Jul 2024. Sumit Singh was appointed as Director on 08 Jul 2024. Pistis Financial Services has 8 board changes on record in total.
Yes, Pistis Financial Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Pistis Financial Services has 3 MSME Form 1 returns on record between 2021 and 2022, listing 10 overdue payments to 1 micro and small supplier. The latest return was filed on 25 Apr 2022.
Pistis Financial Services can be reached through the website refreshmint.in. Its registered office is in Mumbai, Maharashtra, India.
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