About Settlemint India Services Private Limited
Data last updated: 08 January 2026
Settlemint India Services Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 18 July 2019, the company has been in operation for over 7 years.
Registered with ROC Delhi under CIN U72900DL2019PTC352804.
Capital: an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.79 Lakh. It is led by directors Shahzad Fatmi and Sana Praveen.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: C – 8/8777 3Rd Floor Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.77 Cr, a growth of 6% compared to the previous year.
The company has a workforce of approximately 34 employees as per the latest available data.
The company is associated with 2 brands - Jharkhand Seed, Settlemint.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website settlemint.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressC – 8/8777 3Rd Floor Vasant Kunj, New Delhi, Delhi, India – 110070
-
IndustryInformation Technology, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Settlemint India Services Private Limited
Settlemint India Services Private Limited operates two associated brands: Jharkhand Seed and SettleMint. These brands represent Settlemint India Services Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Delivers seed traceability solutions to ensure quality and transparency in agriculture. | jharkhandseed.com | |
| Blockchain applications are developed and integrated into business processes. | settlemint.com |
Competitors & Alternatives of Settlemint India Services Private Limited
Brands and companies operating in the same space as Settlemint India Services Private Limited include Consensys, Digital Asset, Figment and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
Developer of blockchain and web3 software platform | Fort Worth, United States, United States | 2014 |
|
|
Blockchain platforms for business applications are developed and provided. | New York, United States, United States | 2014 |
|
|
Staking solutions are delivered via an online platform. | Toronto, Canada, Canada | 2018 |
|
|
Infrastructure for Web3 credential curation from multiple sources is offered. | San Mateo, United States, United States | 2021 |
|
|
Data exchange platform is provided for sharing and monetizing data. | Singapore, Singapore, Singapore | 2017 |
|
|
Provider of blockchain based application development platform | Singapore, Singapore, Singapore | 2020 |
|
|
Decentralized infrastructure network for finance | Palo Alto, United States, United States | 2018 |
|
|
Digital assets are traded on Monero-based blockchain protocol. | Oakland, United States, United States | 2017 |
|
|
SaaS and blockchain-based supply chain platform is provided for agriculture. | London, United Kingdom, United Kingdom | 2012 |
|
|
Traceability solutions for agricultural products are provided using microbial-based tags. | Brooklyn, United States, United States | 2018 |
Business Activity of Settlemint India Services Private Limited
Settlemint India Services Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | ********* |
Auditor Details of Settlemint India Services Private Limited
Settlemint India Services Private Limited is audited by Gayatri Sengupta Sethy & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gayatri Sengupta Sethy & Associates | blur-value | blur-value | blur-value |
Board of Directors of Settlemint India Services Private Limited
Settlemint India Services Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shahzad Fatmi
Also directs:
Adiveda Skintech Private Limited, Mosaicpath Consulting Private Limited, Benediximus India Private Limited and 2 more
|
Director | 18 Jul 2019 | 6 Years 11 Months | Current |
|
Sana Praveen
Also directs:
Benediximus India Private Limited, Nxtchain India Private Limited
|
Director | 18 Jul 2019 | 6 Years 11 Months | Current |
Financials of Settlemint India Services Private Limited FY 2025 filings available
Settlemint India Services Private Limited reported revenue of ₹10.77 Cr (up 6% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Settlemint India Services Private Limited
As of FY 2022, Settlemint India Services Private Limited's shareholding pattern shows 96.59% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Settlemint India Services Private Limited
Settlemint India Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Settlemint India Services Private Limited
Settlemint India Services Private Limited has a workforce of 34 employees as of Apr 06, 2024.
Employee Count & EPFO Data of Settlemint India Services Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Settlemint India Services Private Limited
GSTIN & GST Filing Data of Settlemint India Services Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Settlemint India Services Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Settlemint India Services Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Settlemint India Services Private Limited
MSME Payment Delays by Settlemint India Services Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Settlemint India Services Private Limited
Subsidiaries & Group Companies of Settlemint India Services Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Settlemint India Services Private Limited with ownership details.
MCA Filings & Documents of Settlemint India Services Private Limited
MCA Filings & Documents of Settlemint India Services Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Settlemint India Services Private Limited
Frequently Asked Questions about Settlemint India Services Private Limited
Settlemint India Services Private Limited is an active private limited company in the information technology sector based in New Delhi, Delhi, India. It was incorporated on 18 July 2019 (7+ years old) and is registered under CIN U72900DL2019PTC352804. The company has 34 employees.
Settlemint India Services Private Limited reported revenue of ₹10.77 Cr for FY 2025 (up 6.00% YoY).
The current directors of Settlemint India Services Private Limited are:
The primary industry of Settlemint India Services Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.
Yes, Settlemint India Services Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Settlemint India Services Private Limited can be reached at the registered office: C – 88777 3Rd Floor Vasant Kunj, New Delhi, Delhi, India – 110070, or through the website settlemint.com.