Makhecha Fintech Private Limited
About Makhecha Fintech Private Limited
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Makhecha Fintech Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial auxiliary services segment of the financial services sector. It was incorporated on 19 June 2019.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2019PTC108752. Its GSTIN is 24AAMCM7527R1ZN (Gujarat).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kejalben Parag Makhecha and Parag Kantilal Makhecha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.13 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹6.74 Lakh (net margin 60.6%) and EBITDA of ₹7.52 Lakh (EBITDA margin 67.6%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years.
Company details
Contact details
Makhecha Fintech Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressBlock E ‐409 Prahladnagar Trade Center B/H Titinium City Center Vejalpur Ahmeda, Bad, Ahmedabad, Gujarat, India – 380051
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Makhecha Fintech 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
Business activity
The main business activity of Makhecha Fintech is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Makhecha Fintech Private Limited, buy the company report.
Financials of Makhecha Fintech Private Limited
FY 2024 filings availableMakhecha Fintech Private Limited reported revenue of ₹11.13 Lakh (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 74% over three years, including 28% growth in the latest year. EBITDA rose 110% 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 |
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| EBITDA | ₹7.52 Lakh | ||||
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| Net Profit (PAT) | ₹6.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 67.6% | ||||
| Net Profit Margin | 60.6% | ||||
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To see the full financial statements and ratios of Makhecha Fintech Private Limited, buy the company report.
Board of directors of Makhecha Fintech Private Limited
Makhecha Fintech 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 |
|---|---|---|---|---|
| Kejalben Parag Makhecha | Director | 29 Feb 2020 | 6 Years 8 Months | As last reported |
| Parag Kantilal Makhecha | Director | 19 Jun 2019 | 7 Years 4 Months | As last reported |
Legal cases
No court or tribunal cases involving Makhecha Fintech 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 Makhecha Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Makhecha Fintech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCM7527R1ZN | Gujarat | Active | 17 Jul 2019 |
To see the full GST registrations and return filing status of Makhecha Fintech Private Limited, buy the company report.
Recent activity
Makhecha Fintech Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Vijaybhai Rasiklal Usana ceased to be Director on 04 Mar 2020.
Frequently asked questions
Makhecha Fintech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Makhecha Fintech was a private limited company based in Ahmedabad, Gujarat, India. The company worked in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 19 June 2019 and is registered under CIN U67190GJ2019PTC108752. The company has been struck off by the Registrar of Companies and is no longer operational.
Makhecha Fintech had 2 directors:
- Kejalben Parag Makhecha - Director
- Parag Kantilal Makhecha - Director
The CIN (Corporate Identification Number) of Makhecha Fintech is U67190GJ2019PTC108752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Makhecha Fintech is at Block E ‐409 Prahladnagar Trade Center BH Titinium City Center Vejalpur Ahmeda, Bad, Ahmedabad, Gujarat, India – 380051.
Makhecha Fintech was incorporated on 19 June 2019. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Makhecha Fintech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Makhecha Fintech is 24AAMCM7527R1ZN, registered in Gujarat.
Makhecha Fintech operated in the financial services industry, in the auxiliary to financial intermediatory segment. It worked in this industry before it was struck off.
Vijaybhai Rasiklal Usana ceased to be Director on 04 Mar 2020. Kejalben Parag Makhecha was appointed as Director on 29 Feb 2020. Parag Kantilal Makhecha was appointed as Director on 19 Jun 2019.
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