Monedo Financial Services Profile
Key Indicators
- Authorised Capital ₹ 69.51 Cr
- Paid Up Capital ₹ 58.06 Cr
- Company Age 7 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 115.45 Cr
- Satisfied Charges ₹ 11.25 Cr
- Revenue Growth 321.29%
- Profit Growth -84.33%
- Ebitda -96.04%
- Net Worth 130.32%
- Total Assets 224.12%
About Monedo Financial Services
Monedo Financial Services Private Limited (MFSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 01 May 2017 (Seven years and nine months 24 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Kredi-Finance India Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 69.51 Cr and a paid-up capital of Rs 58.06 Cr.
The company currently has active open charges totaling ₹115.45 Cr. The company has closed loans amounting to ₹11.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Monedo Financial Services Private Limited India is Pranabh Kapoor as COMPANY SECRETARY. Ashish Kohli, Vikram Kaushal, Shruti Mehrotra, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65100MH2017PTC294521
- Company No.
294521
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 May 2017
- Date of AGM
19 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Monedo Financial Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Kohli  | Managing Director | 05-Jul-2018 | Current |
| Pranabh Kapoor | Company Secretary | 18-Jun-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikram Kaushal | Director | 04-Feb-2021 | Current |
| Shruti Mehrotra | Director | 04-Feb-2021 | Current |
| Nirma Bhandari | Additional Director | 30-Sep-2023 | Current |
Shashi Tripathi  | Director | 02-Jun-2022 | Current |
| Vipin Poddar | Additional Director | Current |
Financial Performance of Monedo Financial Services.
Monedo Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 321.29% increase. The company also saw a substantial fall in profitability, with a 84.33% decrease in profit. The company's net worth Soared by an impressive increase of 130.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Monedo Financial Services?
In 2023, Monedo Financial Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Navneet Education LimitedNirma Bhandari is a mutual person
Arcon Techsolutions Private LimitedNirma Bhandari is a mutual person
Itraveleo Private LimitedShruti Mehrotra is a mutual person
Monedo Corporate Services Private LimitedAshish Kohli, Vikram Kaushal and 2 more are mutual person
Venus-Vardan Partners LlpVikram Kaushal is a mutual person
- Midas Alternative Investment Manager Private Limited
Vikram Kaushal is a mutual person
Charges (Loans)
₹115.45 Cr
₹11.25 Cr
Charges Breakdown by Lending Institutions
- Others : 115.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2024 | Others | ₹30.00 Cr | Open |
| 29 Apr 2024 | Others | ₹2.00 Cr | Open |
| 26 Apr 2024 | Others | ₹1.50 Cr | Open |
| 26 Apr 2024 | Others | ₹2.00 Cr | Open |
| 19 Mar 2024 | Others | ₹10.00 Cr | Open |
How Many Employees Work at Monedo Financial Services?
Monedo Financial Services has a workforce of 26 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Monedo Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Monedo Financial Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
