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Sevenring Innovations Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹60.78 Lakh
▲ 12554% YoY
Net loss · FY 2024
₹34.58 Lakh
Net margin -56.9%
EBITDA · FY 2024
-₹32.68 Lakh
EBITDA margin -53.8%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹12,790
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Sevenring Innovations Private Limited
Data last updated:
Sevenring Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 23 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC308445. Its GSTIN is 27ABACS2162H1ZH (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹12,790. It is led by directors Vijay Vasudeo Khubchandani and Tanesha Vijay Khubchandani.
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 Flat No. 1003 C – Wing Marathon Cosmos Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.78 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹34.58 Lakh (net margin -56.9%) and EBITDA of -₹32.68 Lakh (EBITDA margin -53.8%). Revenue has grown at a compounded annual rate (CAGR) of 170% over three years and 114% over five years.
The company is associated with 2 brands: 7 Ring and 7 Ring. The company has 1 deal on record (1 funding round), with disclosed funding of ₹4 Cr; the latest was in June 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
For more details, the company can be reached via its website sevenring.com.
Company details
CIN U74999MH2018PTC308445
Registration Number 308445
Incorporation Date 23 April 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Sevenring Innovations
Contact details
Sevenring Innovations Private Limited's registered office is in Mumbai, Maharashtra. Its website is sevenring.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 1003 C – Wing Marathon Cosmos Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Sevenring Innovations Private Limited, buy the company report.
Comprehensive company report
Sevenring Innovations 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
Sevenring Innovations operates two associated brands: 7 Ring and 7 Ring. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A wearable payment solution is offered by 7 Ring. | sevenring.com | |
| NFC-enabled wearable ring is utilized for contactless payments. | seven.ooo |
Business activity
The main business activity of Sevenring Innovations is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Sevenring Innovations Private Limited, buy the company report.
Financials of Sevenring Innovations Private Limited
FY 2025 filings availableSevenring Innovations Private Limited reported revenue of ₹60.78 Lakh (up 12554% YoY) for FY 2024.
Revenue · FY 2024
₹60.78 Lakh ▲ 12554%
Net loss · FY 2024
₹34.58 Lakh margin -56.9%
EBITDA · FY 2024
-₹32.68 Lakh margin -53.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 170%
5 years · compounded
▲ 114%
EBITDA CAGR growth
3 years · compounded
▼ 250%
5 years · compounded
▼ 97%
Revenue has grown at a compounded annual rate (CAGR) of 114% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹32.68 Lakh | ||||
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| Net Profit (PAT) | -₹34.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -53.8% | ||||
| Net Profit Margin | -56.9% | ||||
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To see the full financial statements and ratios of Sevenring Innovations Private Limited, buy the company report.
Board of directors of Sevenring Innovations Private Limited
Sevenring Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Vasudeo Khubchandani | Director | 23 Apr 2018 | 8 Years 6 Months | Current |
| Tanesha Vijay Khubchandani | Director | 23 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Sevenring Innovations Private Limited is audited by MASRANI & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MASRANI & COMPANY | FY 2022 | 043271 |
Shareholding
The shareholding of Sevenring Innovations Private Limited is on record for 4 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 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sevenring Innovations Private Limited, buy the company report.
Deals & funding
Sevenring Innovations Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹4 Cr; the latest was in June 2025.
Total deals
1
Funding round
1
Disclosed funding
₹4 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Funding round · Pre-Series A | ₹4 Cr | Investors: Venture Catalysts, Vinners (Value Investors Network), Anchorage Capital Partners |
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 Sevenring Innovations 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
Sevenring Innovations Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment 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 |
|---|---|---|---|
| Venus Legal Services Private Limited |
To see the full MSME payment records of Sevenring Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sevenring Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABACS2162H1ZH | Maharashtra | Active | 12 Jun 2018 |
To see the full GST registrations and return filing status of Sevenring Innovations Private Limited, buy the company report.
Recent activity
Sevenring Innovations Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Tanesha Vijay Khubchandani was appointed as Director on 23 Apr 2018.
AGM
Sevenring Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sevenring Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Tanesha Vijay Khubchandani was appointed as Director.
Appointed
Vijay Vasudeo Khubchandani was appointed as Director.
Incorporation
23 Apr 2018
Sevenring Innovations Private Limited was registered on 23 Apr 2018 with Roc Mumbai & aged 8 years 6 months as per MCA records.
Frequently asked questions
Sevenring Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 23 April 2018 (8+ years old) and is registered under CIN U74999MH2018PTC308445.
Sevenring Innovations has 2 current directors:
- Vijay Vasudeo Khubchandani - Director
- Tanesha Vijay Khubchandani - Director
The latest financial statements of Sevenring Innovations 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 2019 are in the company report.
The GSTIN of Sevenring Innovations is 27ABACS2162H1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sevenring Innovations is U74999MH2018PTC308445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sevenring Innovations was incorporated on 23 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Sevenring Innovations has 1 deal on record (1 funding round), with disclosed funding of ₹4 Cr; the latest was in June 2025.
Tanesha Vijay Khubchandani was appointed as Director on 23 Apr 2018. Vijay Vasudeo Khubchandani was appointed as Director on 23 Apr 2018.
Yes, Sevenring Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Sevenring Innovations has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 23 May 2019.
Sevenring Innovations can be reached through the website sevenring.com. Its registered office is in Mumbai, Maharashtra, India.