Monarays Softech Private Limited - Due diligence report

A 360° intelligence report on Monarays Softech Private Limited: trust score, financial health, credit view, compliance, directors, growth an…

2015-11-03 Mormugao, Goa Active Unlisted Active Compliant
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MS Monarays Softech Private Limited
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Monarays Softech Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
84/100
Trust Score
Low Risk

Monarays Softech Private Limited is assessed as Low Risk with a Trust Score of 84/100. Monarays Softech Private Limited is an active private limited indian non-government company incorporated in 2015, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Monarays Softech Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
84/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 2 open (8.15 cr) · 1 satisfied (60.10 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
Others2 48.0 cr
Hdfc Bank Limited1 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SATISH SETH 01234567 Director 01/04/2018 6 yrs Approved
CHETAN SETH 01234567 Director 01/04/2018 6 yrs Approved
BHARAT SETH 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2020 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Monarays Marine Services Private Limited
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Monarays Marine Services Private Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 70
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
Operating for 10+ years.
Active GST registration(s).
Distress signals & risk flags
Negative net worth.
2 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence86/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment68/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 8.15 cr already registered.
  • Compliance record supports lending.
Investor view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 11 events
30 Sep 2025
Last AGM held
Annual general meeting
26 Aug 2025
Charge created
Others - 4.99 cr
31 Mar 2025
Latest balance sheet
Filed with ROC
07 Oct 2022
Charge created
Hdfc Bank Limited - 3.16 cr
19 May 2022
Charge satisfied
Others
31 Mar 2016
Share transfer (FY 2016)
10.00000000 shares to MONARAYS MARINE SERVICES PVT LTD
08 Feb 2016
Charge created
Others - 60.10 Lakh
03 Nov 2015
Incorporated
Registered with Roc Goa
Director appointed
SATISH SETH (Director)
Director appointed
CHETAN SETH (Director)
Director appointed
BHARAT SETH (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 4 financial year(s).
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2020 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Criticalx Esports Private Limited U74999DL2019PTC351075 Delhi, Delhi, India
Blazestone Technologies India Private Limited U72200KA2015PTC083490 Bangalore, Karnataka, India
Dhiyo U72900KA2018PTC114415 Bangalore, Karnataka, India
Ebiznet Solutions Private Limited U72200TG2009PTC064258 Hyderabad, Telangana, India
Redundanz Technologies Private Limited U74999KA2017PTC105380 Phase-1, Bangalore, Karnataka, India
Incognito Technologies Private Limited U72200RJ2011PTC036364 Jaipur, Rajasthan, India
Kovi Technologies Private Limited U72200TG2013PTC085727 Hyderabad, Telangana, India
Spudweb Technologies U72200TN2009PTC073509 Chennai, Tamil Nadu, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Monarays Softech Private Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Monarays Softech Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Monarays Softech Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 84/100, distress signals and MSME payment-delay disclosures - know whether Monarays Softech Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Monarays Softech Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Monarays Softech Private Limited an active company?

Monarays Softech Private Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Monarays Softech Private Limited financially healthy?

Monarays Softech Private Limited has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.

Should I do business with Monarays Softech Private Limited?

Its overall Trust Score is 84/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Monarays Softech Private Limited?

The ultimate holding entity is Monarays Marine Services Private Limited. 3 active director(s) are on record.

Does Monarays Softech Private Limited have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.

Is Monarays Softech Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Monarays Softech Private Limited?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.