DPIIT recognised startup Government of India
Startup India
Switch My Loan Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.83 Cr
▲ 97% YoY
Net profit · FY 2025
₹1.41 Cr
Net margin 7.5%
EBITDA · FY 2025
₹1.65 Cr
EBITDA margin 8.7%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
151
Provident fund records
About Switch My Loan Private Limited
Data last updated:
Switch My Loan Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 22 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67110MH2021PTC357625. Its GSTIN is 27ABFCS7563M1ZM (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Chintan Yogesh Panchmatiya (Managing Director) and Raj Satish Kariya.
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 A/702 Akshita Avenue Holy Cross Road Borivali West Ic Colony, Mumbai, Maharashtra, India – 400103.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.83 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 7.5%) and EBITDA of ₹1.65 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 137% over three years.
The company has about 151 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Switch My Loan. As per MCA filings, the company has open charges of ₹1.5 Cr on record. The company has 1 deal on record (1 funding round); the latest was in August 2023. Its 10 peer companies in the same principal business activity (fund management services) are compared by revenue, 5 larger and 5 smaller; the largest is Lautus Technologies Private Limited with revenue of ₹20.03 Cr.
Switch My Loan Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0069874). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website switchmyloan.in.
Company details
CIN U67110MH2021PTC357625
Registration Number 357625
Incorporation Date 22 March 2021
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
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0069874
Key People
Chintan Yogesh Panchmatiya Managing Director Raj Satish Kariya Director Hemali Yomesh Bhatt Director Recognitions & Rankings of Switch My Loan
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0069874
Contact details
Switch My Loan Private Limited's registered office is in Mumbai, Maharashtra. Its website is switchmyloan.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA/702 Akshita Avenue Holy Cross Road Borivali West Ic Colony, Mumbai, Maharashtra, India – 400103
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Switch My Loan Private Limited, buy the company report.
Comprehensive company report
Switch My Loan 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
Switch My Loan operates one associated brand: Switch My Loan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of online loan marketplace services connecting borrowers with lenders | switchmyloan.in |
Business activity
The main business activity of Switch My Loan is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Switch My Loan Private Limited, buy the company report.
Financials of Switch My Loan Private Limited
FY 2025 filings availableSwitch My Loan Private Limited reported revenue of ₹18.83 Cr (up 97% YoY) for FY 2025.
Revenue · FY 2025
₹18.83 Cr ▲ 97%
Net profit · FY 2025
₹1.41 Cr margin 7.5%
EBITDA · FY 2025
₹1.65 Cr margin 8.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 137%
EBITDA CAGR growth
1 year
▲ 145%
3 years · compounded
▲ 279%
Revenue has grown at a compounded annual rate (CAGR) of 137% over three years, including 97% growth in the latest year. EBITDA rose 145% 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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| EBITDA | ₹1.65 Cr | ||||
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| Net Profit (PAT) | ₹1.41 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 7.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Switch My Loan Private Limited, buy the company report.
Board of directors of Switch My Loan Private Limited
Switch My Loan has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Satish Kariya | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Hemali Yomesh Bhatt Also directs: Moneytime Technology Solutions Private Limited | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Chintan Yogesh Panchmatiya Also directs: Moneytime Technology Solutions Private Limited | Managing Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Himanshu Yogesh Panchmatiya | Director | 10 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Switch My Loan Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (fund management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lautus Technologies Private Limited | ₹20.03 Cr (FY 2024) | 89.0% | Delhi, India | |||
| Ama Capital Advisors Private Limited | ₹19.69 Cr (FY 2025) | 715.0% | Bangalore, Karnataka, India | |||
| Lichfl Asset Management Company Limited | ₹19.45 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Pari Washington Investment Managers Private Limited | ₹19.09 Cr (FY 2025) | 32.0% | Chennai, Tamil Nadu, India | |||
| Oman India Joint Investment Fund - Management Company Private Limited | ₹18.95 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Switch My Loan Private Limitedthis company | ₹18.83 Cr (FY 2025) | ₹1.41 Cr | 7.5% | 97.0% | 151 | Mumbai, Maharashtra, India |
| SKS Multy Amc Services Private Limited | ₹18.75 Cr (FY 2025) | 30.0% | Bangalore, Karnataka, India | |||
| Finxsoftware Limited | ₹18.33 Cr (FY 2024) | 75.0% | Salem, Tamil Nadu, India | |||
| Taurus Asset Management Company Limited | ₹18.12 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Groww Asset Management Limited | ₹17.09 Cr (FY 2025) | 48.0% | Bangalore, Karnataka, India | |||
| Valentis Advisors Private Limited | ₹17.02 Cr (FY 2024) | 182.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Switch My Loan Private Limited, buy the company report.
Auditor
Switch My Loan Private Limited is audited by KARAN AGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARAN AGARWAL & ASSOCIATES | FY 2023 | 146402W |
Shareholding
The shareholding of Switch My Loan Private Limited is on record for 3 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 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Switch My Loan Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2023 | 100676753 | Others | ₹1.5 Cr | Open |
To see the full charge records of Switch My Loan Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Switch My Loan Private Limited has 1 deal on record (1 funding round); the latest was in August 2023.
Total deals
1
Funding round
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Funding round · Pre-Series A | Undisclosed | Investors: O2 Angels Network, Angel Scions, 2 individuals |
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 Switch My Loan 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 Switch My Loan Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Switch My Loan Private Limited has a workforce of 151 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
151
Active EPFO establishments
1
Employee growth
151.67%
GST
Switch My Loan has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABFCS7563M1ZM | Maharashtra | Active | 05 Apr 2021 |
| 36ABFCS7563M1ZN | Telangana | Active | 02 Sep 2023 |
| 24ABFCS7563M1ZS | Gujarat | Active | 07 Nov 2023 |
To see the full GST registrations and return filing status of Switch My Loan Private Limited, buy the company report.
Recent activity
Switch My Loan Private Limited has 6 board changes on record since 2021: 5 appointments and 1 cessation. The latest: Himanshu Yogesh Panchmatiya was appointed as Director on 10 Jan 2022.
AGM
Switch My Loan Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Switch My Loan Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 30 Jan 2023 with Charge ID 100676753 was modified on 31 Oct 2023.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100676753 was registered on 30 Jan 2023.
Appointed
Himanshu Yogesh Panchmatiya was appointed as Director.
Ceased
Chetan Shashikumar Samel ceased to be Director.
Appointed
Chetan Shashikumar Samel was appointed as Director.
Appointed
Chintan Yogesh Panchmatiya was appointed as Managing Director.
Appointed
Hemali Yomesh Bhatt was appointed as Director.
Appointed
Raj Satish Kariya was appointed as Director.
Incorporation
22 Mar 2021
Switch My Loan Private Limited was registered on 22 Mar 2021 with Roc Mumbai I & aged 5 years 7 months as per MCA records.
Frequently asked questions
Switch My Loan is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 22 March 2021 (5+ years old) and is registered under CIN U67110MH2021PTC357625.
Switch My Loan has 4 current directors:
- Chintan Yogesh Panchmatiya - Managing Director
- Raj Satish Kariya - Director
- Hemali Yomesh Bhatt - Director
- Himanshu Yogesh Panchmatiya - Director
The latest financial statements of Switch My Loan 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 2021 are in the company report.
The GSTIN of Switch My Loan is 27ABFCS7563M1ZM, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 36ABFCS7563M1ZN (Telangana), 24ABFCS7563M1ZS (Gujarat).
The CIN (Corporate Identification Number) of Switch My Loan is U67110MH2021PTC357625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Switch My Loan was incorporated on 22 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Switch My Loan has 1 deal on record (1 funding round); the latest was in August 2023.
The peers of Switch My Loan by revenue are Lautus Technologies Private Limited, Ama Capital Advisors Private Limited, Lichfl Asset Management Company Limited, Pari Washington Investment Managers Private Limited, Oman India Joint Investment Fund - Management Company Private Limited and 5 more, all in the same principal business activity (fund management services).
Himanshu Yogesh Panchmatiya was appointed as Director on 10 Jan 2022. Chetan Shashikumar Samel ceased to be Director on 15 Jun 2021. Chetan Shashikumar Samel was appointed as Director on 22 Mar 2021. Switch My Loan has 6 board changes on record in total.
Yes, Switch My Loan is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Switch My Loan is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0069874).