MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0060817
Sernet Financial Services Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.15 Cr
▼ 20% YoY
Net profit · FY 2025
₹23.63 Lakh
Net margin 20.6%
EBITDA · FY 2025
₹42.75 Lakh
EBITDA margin 37.3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹80 Lakh
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
About Sernet Financial Services Private Limited
Data last updated:
Sernet Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 10 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2004PTC144955. Its GSTIN is 27AAICS1343K1Z7 (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Bhumika Bhavesh Vora (Whole-Time Director) and Bhavesh Arvindkumar Vora.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.15 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹23.63 Lakh (net margin 20.6%) and EBITDA of ₹42.75 Lakh (EBITDA margin 37.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 3% over five years.
The company is associated with 1 brand: Sernet. As per MCA filings, the company has open charges of ₹80 Lakh on record.
Sernet Financial Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0060817). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sernetindia.com.
Company details
CIN U67190MH2004PTC144955
Registration Number 144955
Incorporation Date 10 March 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0060817
Key People
Bhumika Bhavesh Vora Whole-Time Director Bhavesh Arvindkumar Vora Director Arvindkumar Jayantilal Vora Director Recognitions & Rankings of Sernet Financial Services
Contact details
Sernet Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is sernetindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB/201 Hemu Classic Shopping Centre Opp. New Era Cinemas S.V.Road Malad We, St, Mumbai, Maharashtra, India – 400064
- IndustryInternet, Online Financial Services
To see the full contact details of Sernet Financial Services Private Limited, buy the company report.
Comprehensive company report
Sernet 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
Sernet Financial Services operates one associated brand: SERNET. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wealth management, trading, investment, and insurance services in India. | sernetindia.com |
Business activity
The main business activity of Sernet Financial Services is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Sernet Financial Services Private Limited, buy the company report.
Financials of Sernet Financial Services Private Limited
FY 2025 filings availableSernet Financial Services Private Limited reported revenue of ₹1.15 Cr (down 20% YoY) for FY 2025.
Revenue · FY 2025
₹1.15 Cr ▼ 20%
Net profit · FY 2025
₹23.63 Lakh margin 20.6%
EBITDA · FY 2025
₹42.75 Lakh margin 37.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 24%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 26%
5 years · compounded
▲ 182%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 81% 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 | ₹42.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.63 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | 37.3% | ||||
| Net Profit Margin | 20.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sernet Financial Services Private Limited, buy the company report.
Board of directors of Sernet Financial Services Private Limited
Sernet Financial Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Arvindkumar Vora Also directs: Findoo Solutions LLP | Director | 10 Mar 2004 | 22 Years 7 Months | Current |
| Arvindkumar Jayantilal Vora | Director | 10 Mar 2004 | 22 Years 7 Months | Current |
| Bhumika Bhavesh Vora | Whole-Time Director | 18 Apr 2005 | 21 Years 6 Months | Current |
Auditor
Sernet Financial Services Private Limited is audited by Suchit Atul Shah for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suchit Atul Shah | FY 2023 | 146947 |
Shareholding
The shareholding of Sernet Financial Services 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sernet Financial Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2017 | 100121600 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 06 Jan 2017 | 100121813 | Hdfc Bank Limited | ₹40 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sernet 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
No delayed payments to MSME suppliers are on our record for Sernet Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sernet Financial Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS1343K1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sernet Financial Services Private Limited, buy the company report.
Recent activity
Sernet Financial Services Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Vinod Dinkar Rao ceased to be Director on 30 Mar 2019.
AGM
Sernet Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sernet Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Vinod Dinkar Rao ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100121600 was registered on 06 Jan 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100121813 was registered on 06 Jan 2017.
Ceased
Jainam Shah Manharlal ceased to be Director.
Appointed
Bhumika Bhavesh Vora was appointed as Whole-Time Director.
Appointed
Arvindkumar Jayantilal Vora was appointed as Director.
Appointed
Bhavesh Arvindkumar Vora was appointed as Director.
Incorporation
10 Mar 2004
Sernet Financial Services Private Limited was registered on 10 Mar 2004 with Roc Mumbai I & aged 22 years 7 months as per MCA records.
Frequently asked questions
Sernet Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 10 March 2004 (22+ years old) and is registered under CIN U67190MH2004PTC144955.
Sernet Financial Services has 3 current directors:
- Bhumika Bhavesh Vora - Whole-Time Director
- Bhavesh Arvindkumar Vora - Director
- Arvindkumar Jayantilal Vora - Director
The latest financial statements of Sernet 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 2015 are in the company report.
The GSTIN of Sernet Financial Services is 27AAICS1343K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sernet Financial Services is U67190MH2004PTC144955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sernet Financial Services was incorporated on 10 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Vinod Dinkar Rao ceased to be Director on 30 Mar 2019. Jainam Shah Manharlal ceased to be Director on 10 Apr 2013. Bhumika Bhavesh Vora was appointed as Whole-Time Director on 18 Apr 2005. Sernet Financial Services has 5 board changes on record in total.
Yes, Sernet Financial Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0060817).
Sernet Financial Services can be reached through the website sernetindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sernet Financial Services is at B201 Hemu Classic Shopping Centre Opp. New Era Cinemas S.V.Road Malad We, St, Mumbai, Maharashtra, India – 400064.
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