Settlemint India Services Private Limited

Settlemint India Services Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials and compliance.
CIN U72900DL2019PTC352804 Incorporated 18 July 2019 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹10.77 Cr
▲ 6.00% YoY
EBITDA · FY 2025
*****
▼ 457.00% YoY
Net profit · FY 2025
*****
▼ 889.00% YoY
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹15.79 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
34
Latest available

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.

Company Details of Settlemint India Services Private Limited
CIN U72900DL2019PTC352804
Registration Number 352804
Incorporation Date 18 July 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    C – 8/8777 3Rd Floor Vasant Kunj, New Delhi, Delhi, India – 110070
  • Industry
    Information Technology, IT Consulting & Support Services
Company report
Settlemint India Services Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Settlemint India Services Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

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
Consensys Consensys Developer of blockchain and web3 software platform Fort Worth, United States, United States 2014
Digital Asset Digital Asset Blockchain platforms for business applications are developed and provided. New York, United States, United States 2014
Figment Figment Staking solutions are delivered via an online platform. Toronto, Canada, Canada 2018
Galxe Galxe Infrastructure for Web3 credential curation from multiple sources is offered. San Mateo, United States, United States 2021
Ocean Protocol Ocean Protocol Data exchange platform is provided for sharing and monetizing data. Singapore, Singapore, Singapore 2017
Pontem Network Pontem Network Provider of blockchain based application development platform Singapore, Singapore, Singapore 2020
InfStones InfStones Decentralized infrastructure network for finance Palo Alto, United States, United States 2018
Tari Tari Digital assets are traded on Monero-based blockchain protocol. Oakland, United States, United States 2017
Agridex Agridex SaaS and blockchain-based supply chain platform is provided for agriculture. London, United Kingdom, United Kingdom 2012
Aanika Aanika 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.

Current Directors
Name Designation Appointment Date Tenure Status
Shahzad Fatmi Director 18 Jul 2019 6 Years 11 Months Current
Sana Praveen 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.

Revenue
₹10.77 Cr ▲ 6%
Profit
***** ▼ -889%
EBITDA
***** ▼ -457%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

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.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
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
34
Active EPFO establishments
1
Employee growth
54.55%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Settlemint India Services Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Settlemint India Services Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

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.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Settlemint India Services Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Settlemint India Services Private Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

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.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

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.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

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.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Settlemint India Services Private Limited

Activity
30 Sep 2025
Settlemint India Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Settlemint India Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Directors
18 Jul 2019
Shahzad Fatmi was appointed as a Director on 18 Jul 2019 & has been associated with this company since 6 years 11 months.
Directors
18 Jul 2019
Sana Praveen was appointed as a Director on 18 Jul 2019 & has been associated with this company since 6 years 11 months.
Activity
18 Jul 2019
Settlemint India Services Private Limited was registered on 18 Jul 2019 with Roc Delhi & aged 6 years 11 months as per MCA records.

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.

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