About Turtlemint Mutual Funds Distributors Private Limited
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Turtlemint Mutual Funds Distributors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Fintech Blue Solutions Pri. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 16 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2019PTC319669. Its GSTIN is 27AAHCT1252H1ZE (Maharashtra).
The company has an authorised share capital of ₹9.51 Cr and a paid-up capital of ₹1.72 Cr. It is led by directors Dhirendra Nalin Mahyavanshi and Anand Rohidas Prabhudesai.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at The Orb – Sahar 4 And 4A 1st Floor A Wing, Marol Village Andheri East Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.01 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹6.6 Lakh (net margin 0.7%) and EBITDA of ₹56.7 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 128% over three years and 256% over five years.
The company is associated with 2 brands: Turtlemint Money and Turtlemint. The company has 1 deal on record (1 rights issue); the latest was in October 2019. The company has 3 MSME Form 1 returns on record between 2020 and 2023, listing 13 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website turtlemint.com.
Company details
Contact details
Turtlemint Mutual Funds Distributors Private Limited's registered office is in Mumbai, Maharashtra. Its website is turtlemint.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThe Orb – Sahar 4 And 4A 1st Floor A Wing, Marol Village Andheri East Mumbai, Maharashtra, India – 400099
- IndustryFinancial Services, Financial Product Distributors
To see the full contact details of Turtlemint Mutual Funds Distributors 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
Turtlemint Mutual Funds Distributors operates two associated brands: Turtlemint Money and Turtlemint. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Facilitates seamless mutual fund investments through a dedicated online platform. | turtlemintmoney.com | |
| Provider of platform for comparing and purchasing insurance, loans, and funds | turtlemint.com |
Business activity
The main business activity of Turtlemint Mutual Funds Distributors 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 Turtlemint Mutual Funds Distributors Private Limited, buy the company report.
Financials of Turtlemint Mutual Funds Distributors Private Limited
FY 2025 filings availableTurtlemint Mutual Funds Distributors Private Limited reported revenue of ₹9.01 Cr (up 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 256% over five years, including 85% growth in the latest year. EBITDA rose 298% 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 | ₹56.7 Lakh | ||||
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| Net Profit (PAT) | ₹6.6 Lakh | ||||
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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 | 6.3% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Turtlemint Mutual Funds Distributors Private Limited, buy the company report.
Board of directors of Turtlemint Mutual Funds Distributors Private Limited
Turtlemint Mutual Funds Distributors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhirendra Nalin Mahyavanshi | Director | 24 Jan 2025 | 1 Years 9 Months | Current |
| Anand Rohidas Prabhudesai | Director | 16 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Turtlemint Mutual Funds Distributors Private Limited is audited by Price Waterhouse Char tered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Char tered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Turtlemint Mutual Funds Distributors Private Limited is on record for 4 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 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Turtlemint Mutual Funds Distributors Private Limited, buy the company report.
Deals & funding
Turtlemint Mutual Funds Distributors Private Limited has 1 deal on record (1 rights issue); the latest was in October 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Rights issue | ₹50 Lakh | Investors: Turtlemint Fintech Solutions Limited |
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 Turtlemint Mutual Funds Distributors 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
Turtlemint Mutual Funds Distributors Private Limited has 3 MSME Form 1 returns on record between 2020 and 2023, listing 13 overdue payments to 8 micro and small suppliers. 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 (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Algoritham Infrastructure Private Limited | |||
| Gokelp HR Services Private Limited |
To see the full MSME payment records of Turtlemint Mutual Funds Distributors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Turtlemint Mutual Funds Distributors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCT1252H1ZE | Maharashtra | Active | 12 Feb 2019 |
To see the full GST registrations and return filing status of Turtlemint Mutual Funds Distributors Private Limited, buy the company report.
Recent activity
Turtlemint Mutual Funds Distributors Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Nalinkumar Maganlal Mahyavanshi ceased to be Director on 26 Feb 2025.
News
Frequently asked questions
Turtlemint Mutual Funds Distributors is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 16 January 2019 (7+ years old) and is registered under CIN U67190MH2019PTC319669.
Turtlemint Mutual Funds Distributors has 2 current directors:
- Dhirendra Nalin Mahyavanshi - Director
- Anand Rohidas Prabhudesai - Director
The latest financial statements of Turtlemint Mutual Funds Distributors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Turtlemint Mutual Funds Distributors is 27AAHCT1252H1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Turtlemint Mutual Funds Distributors is U67190MH2019PTC319669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turtlemint Mutual Funds Distributors was incorporated on 16 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Turtlemint Mutual Funds Distributors has 1 deal on record (1 rights issue); the latest was in October 2019.
Nalinkumar Maganlal Mahyavanshi ceased to be Director on 26 Feb 2025. Dhirendra Nalin Mahyavanshi was appointed as Director on 24 Jan 2025. Anand Rohidas Prabhudesai was appointed as Director on 16 Jan 2019.
Turtlemint Mutual Funds Distributors has 3 MSME Form 1 returns on record between 2020 and 2023, listing 13 overdue payments to 8 micro and small suppliers. The latest return was filed on 05 Nov 2023.
Turtlemint Mutual Funds Distributors can be reached through the website turtlemint.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Turtlemint Mutual Funds Distributors is at The Orb – Sahar 4 And 4A 1st Floor A Wing, Marol Village Andheri East Mumbai, Maharashtra, India – 400099.
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