
About Snapmint Financial Services Private Limited
Data last updated:
Snapmint Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Snapmint Credit Advisory Private Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 13 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2019PTC321095. Its GSTIN is 27ABBCS5858H1ZZ (Maharashtra).
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹280.82 Cr. It is led by directors including Suresh Ravindranath Pai and Anil Gelra Kumar.
Its last annual general meeting (AGM) was held on 18 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Office No. 201 2nd Floor C – Wing Neelkanth Business Park Nr. Vidyavihar Station Vidyavihar (W) Mumbai – 400086, Maharashtra, India – 400086.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.33 Cr, a growth of 122% compared to the previous year. For the same year it recorded a net loss of ₹5.81 Cr (net margin -10.9%) and EBITDA of ₹3.79 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 176% over three years and 458% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Snapmint and Snapmint Financial Services. As per MCA filings, the company has open charges of ₹518.5 Cr and satisfied charges of ₹862.95 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 2 cases are pending. The company has 6 deals on record (3 debt financings, 2 rights issues, 1 acquisition), with disclosed funding of ₹23.12 Cr; the latest was in May 2022. Its 7 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 4 smaller; the largest is Hindusthan Microfinance Private Limited with revenue of ₹54.1 Cr.
For more details, the company can be reached via its website snapmintfin.com.
Company details
Contact details
Snapmint Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is snapmintfin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 201 2nd Floor C – Wing Neelkanth Business Park Nr. Vidyavihar Station Vidyavihar (W) Mumbai – 400086, Maharashtra, India – 400086
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Snapmint Financial Services Private Limited, buy the company report.
- 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
Brands
Snapmint Financial Services operates two associated brands: Snapmint and Snapmint Financial Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| No-credit-card EMI solutions for online purchases are provided. | snapmint.com | |
| Loan solutions are offered via a technology platform. | snapmintfin.com |
Business activity
The main business activity of Snapmint Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Snapmint Financial Services Private Limited, buy the company report.
Financials of Snapmint Financial Services Private Limited
FY 2026 filings availableSnapmint Financial Services Private Limited reported revenue of ₹53.33 Cr (up 122% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 458% over five years, including 122% growth in the latest year. EBITDA rose 73% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.81 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | -10.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Snapmint Financial Services Private Limited, buy the company report.
Board of directors of Snapmint Financial Services Private Limited
Snapmint Financial Services has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Ravindranath Pai | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Anil Gelra Kumar Also directs: Snapmint Credit Advisory Private Limited | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Nalin Sunil Agrawal Also directs: Snapmint Credit Advisory Private Limited | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Abhineet Sawa | Director | 15 Jul 2022 | 4 Years 3 Months | Current |
| Kalpana Kaushik Mazumdar | Additional Director | 18 Sep 2026 | 0 Years 1 Months | Current |
| Ravi Radhakrishna Kamath Also directs: Tvarita Pragati LLP | Additional Director | 18 Sep 2026 | 0 Years 1 Months | Current |
Peer comparison
Snapmint Financial Services Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hindusthan Microfinance Private Limited | ₹54.1 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Krone Finstock Private Limited | ₹53.84 Cr (FY 2025) | -51.0% | Ahmedabad, Gujarat, India | |||
| TMF Business Services Limited | ₹53.47 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Snapmint Financial Services Private Limitedthis company | ₹53.33 Cr (FY 2024) | -₹5.81 Cr | -10.9% | 122.0% | 14 | Mumbai, Maharashtra, India |
| Bhansali Fincom Pvt Ltd | ₹53.14 Cr (FY 2024) | 508.0% | Kolkata, West Bengal, India | |||
| Goldrock Travels Pvt Ltd | ₹52.9 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India | |||
| Best Capital Services Limited | ₹52.77 Cr (FY 2024) | 100.0% | Jaipur, Rajasthan, India | |||
| Salarpuria Investment Pvt Ltd | ₹52.7 Cr (FY 2025) | -31.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Snapmint Financial Services Private Limited, buy the company report.
Auditor
Snapmint Financial Services Private Limited is audited by G D APTE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G D APTE & CO | FY 2023 | 100515W |
Shareholding
The shareholding of Snapmint Financial Services Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Snapmint Financial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2026 | 101292025 | Others | ₹98 Cr | Open | |
| 30 Mar 2026 | 101278440 | Others | ₹25 Cr | Open | |
| 30 Mar 2026 | 101278459 | Others | ₹40 Cr | Open | |
| 18 Mar 2026 | 101262670 | Others | ₹65 Cr | Open | |
| 19 Dec 2025 | 101219656 | Others | ₹5 Cr | Open |
To see the full charge records of Snapmint Financial Services Private Limited, buy the company report.
Total charge records: 108 View all charges
Deals & funding
Snapmint Financial Services Private Limited has 6 deals on record (3 debt financings, 2 rights issues, 1 acquisition), with disclosed funding of ₹23.12 Cr; the latest was in May 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Rights issue | ₹13 Cr | Investors: Snapmint Credit Advisory Private Limited |
| Feb 2022 | Acquisition | ₹10 Cr | Buyer: Snapmint Credit Advisory Private Limited |
| Oct 2021 | Debt financing | ₹4.15 Cr | Investors: Primi Consulting LLP , Mitul Devchand Bid Huf |
| Mar 2021 | Rights issue | ₹1.5 Cr | Investors: Snapmint Credit Advisory Private Limited , an individual |
| Jan 2020 | Debt financing | ₹6.65 Cr | Investors: 4 individuals |
To see the full deal history of Snapmint 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
Snapmint Financial Services Private Limited has 10 court cases on record: 1 filed by Snapmint Financial Services, 9 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 8 | 1 |
| District courts | 2 | 1 | 1 |
Cases on record (4 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| District court, Madurai, Tamil Nadu | Court case (IP) | Filed against the company | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
| District court, Beed, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against State of Maharashatra | Disposed |
To see the full case history of Snapmint Financial Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Snapmint Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Snapmint Financial Services Private Limited has a workforce of 14 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Snapmint Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABBCS5858H1ZZ | Maharashtra | Active | 22 Mar 2019 |
To see the full GST registrations and return filing status of Snapmint Financial Services Private Limited, buy the company report.
Recent activity
Snapmint Financial Services Private Limited has 10 board changes on record since 2019: 8 appointments and 2 cessations. The latest: Kalpana Kaushik Mazumdar was appointed as Additional Director on 18 Sep 2026.
212 earlier events are in the company report.
Frequently asked questions
Snapmint Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 13 February 2019 (7+ years old) and is registered under CIN U65999MH2019PTC321095.
Snapmint Financial Services has 6 current directors:
- Suresh Ravindranath Pai - Director
- Anil Gelra Kumar - Director
- Nalin Sunil Agrawal - Director
- Abhineet Sawa - Director
- Kalpana Kaushik Mazumdar - Additional Director
- Ravi Radhakrishna Kamath - Additional Director
The latest financial statements of Snapmint Financial Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 August 2026. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Snapmint Financial Services is 27ABBCS5858H1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Snapmint Financial Services is U65999MH2019PTC321095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snapmint Financial Services has 10 court cases on record: 1 filed by the company and 9 filed against it. 2 are pending. Most are in the high courts.
Snapmint Financial Services was incorporated on 13 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Snapmint Financial Services has 6 deals on record (3 debt financings, 2 rights issues, 1 acquisition), with disclosed funding of ₹23.12 Cr; the latest was in May 2022.
The peers of Snapmint Financial Services by revenue are Hindusthan Microfinance Private Limited, Krone Finstock Private Limited, TMF Business Services Limited, Bhansali Fincom Pvt Ltd, Goldrock Travels Pvt Ltd and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Kalpana Kaushik Mazumdar was appointed as Additional Director on 18 Sep 2026. Ravi Radhakrishna Kamath was appointed as Additional Director on 18 Sep 2026. Rahul Agarwal ceased to be Director on 31 Oct 2022. Snapmint Financial Services has 10 board changes on record in total.
Snapmint Financial Services can be reached through the website snapmintfin.com. Its registered office is in Mumbai, Maharashtra, India.

