Marg Fintech Private Limited

Marg Fintech Private Limited - financial services in Delhi, India. FY 2026 financials & compliance.
CIN U74999DL2019PTC356408 Incorporated 18 October 2019 ROC Delhi HQ Delhi, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2024
₹97.18 Lakh
▼ 6% YoY
Net profit · FY 2024
₹44.5 Lakh
Net margin 45.8%
EBITDA · FY 2024
₹60.44 Lakh
EBITDA margin 62.2%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
1
Provident fund records
Directors on board
6
As per MCA filings

About Marg Fintech Private Limited

Data last updated:

Marg Fintech Private Limited is a private limited company based in Delhi, India, a subsidiary of Marg Erp Limited. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 18 October 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2019PTC356408. Its GSTIN is 07AANCM0153C1ZT (Delhi). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Anup Singh (Managing Director) and Mahender Singh.

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. F – 6 Plot No. XII/7870 – 77 1st Floor Roshanara Plaza Roshanara Road, Delhi, India – 110007.

As per the financials filed for FY 2024, the company reported a revenue of ₹97.18 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹44.5 Lakh (net margin 45.8%) and EBITDA of ₹60.44 Lakh (EBITDA margin 62.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.

The company has about 1 employee on its provident fund (EPFO) records.

The company is associated with 1 brand: MargPay. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021. Its 3 peer companies in the BFSI industry (Fintech, Payment Gateways), with the same principal business activity (other financial activities) are compared by revenue, 1 larger and 2 smaller; the largest is Aapt Fintech Private Limited with revenue of ₹98.02 Lakh.

Marg Fintech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0003868). For more details, the company can be reached via its website margpay.com.

Company details

CIN U74999DL2019PTC356408
Registration Number 356408
Incorporation Date 18 October 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Marg Erp Limited
MSME Classification Micro
Udyam Registration UDYAM-DL-04-0003868

Recognitions & Rankings of Marg Fintech

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-DL-04-0003868

Contact details

Marg Fintech Private Limited's registered office is in Delhi, Delhi. Its website is margpay.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    Unit No. F – 6 Plot No. XII/7870 – 77 1st Floor Roshanara Plaza Roshanara Road, Delhi, India – 110007
  • Industry
    Financial Services, Digital Payment Solutions

To see the full contact details of Marg Fintech Private Limited, buy the company report.

Comprehensive company report
Marg Fintech 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

Marg Fintech operates one associated brand: MargPay. Each brand links to its own profile.

BrandDescriptionWebsite
Provides secure payment gateway and reconciliation solutions for businesses.margpay.com

Business activity

The main business activity of Marg Fintech is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Marg Fintech Private Limited, buy the company report.

Financials of Marg Fintech Private Limited

FY 2025 filings available

Marg Fintech Private Limited reported revenue of ₹97.18 Lakh (down 6% YoY) for FY 2024.

Revenue · FY 2024
₹97.18 Lakh ▼ 6%
Net profit · FY 2024
₹44.5 Lakh margin 45.8%
EBITDA · FY 2024
₹60.44 Lakh margin 62.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 151%
3 years · compounded
▲ 39%

Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 6% fall in the latest year. EBITDA rose 151% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹60.44 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹44.5 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin62.2%
Net Profit Margin45.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Marg Fintech Private Limited, buy the company report.

Board of directors and KMP of Marg Fintech Private Limited

Marg Fintech Private Limited currently reports 5 directors and 1 key managerial person. 2 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Mahender SinghDirector18 Oct 20197 Years 0 MonthsCurrent
Sudhir SinghDirector18 Oct 20197 Years 0 MonthsCurrent
Anup SinghManaging Director18 Oct 20197 Years 0 MonthsCurrent
Ajay MahajanCfo30 Jan 20260 Years 9 MonthsCurrent
Shubhankar Tarlok SharmaNominee Director22 Jul 20251 Years 3 MonthsCurrent
Mohit JainNominee Director22 Jul 20251 Years 3 MonthsCurrent

Peer comparison

Marg Fintech Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Fintech, Payment Gateways), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aapt Fintech Private Limited₹98.02 Lakh (FY 2025)222.0%Mumbai, Maharashtra, India
Marg Fintech Private Limitedthis company₹97.18 Lakh (FY 2024)₹44.5 Lakh45.8%-6.0%1Delhi, India
Oneness Fintech Services Private Limited₹94.69 Lakh (FY 2023)335.0%Kopar Khairne, Maharashtra, India
Carnival Fintech Private Limited₹94.22 Lakh (FY 2022)Patna, Bihar, India

To see the full peer comparison of Marg Fintech Private Limited, buy the company report.

Auditor

Marg Fintech Private Limited is audited by HARISH SABHARWAL & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
HARISH SABHARWAL & COFY 2023003350N

Shareholding

The shareholding of Marg Fintech Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Marg Fintech Private Limited, buy the company report.

Deals & funding

Marg Fintech Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021.

Total deals
2
Rights issue
1
Secondary share transfer
1

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2021Rights issue₹19.99 CrInvestors: Marg Erp Limited
Apr 2020Secondary share transferUndisclosedBuyer: Marg Erp Limited , Marg Erp Limited & Anup Singh, Marg Erp Limited & Mahender Singh
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Marg Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Marg Fintech Private Limited has a workforce of 1 employees on its EPFO records as of May 2023, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-92.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2023-241
FY 2022-23
FY 2021-22
FY 2020-21

To see the full employee and EPFO history of Marg Fintech Private Limited, buy the company report.

GST

Marg Fintech has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
07AANCM0153C1ZTDelhiActive15 Nov 2019
09AANCM0153C1ZPUttar PradeshActive14 Feb 2021

To see the full GST registrations and return filing status of Marg Fintech Private Limited, buy the company report.

Recent activity

Marg Fintech Private Limited has 6 board changes on record since 2019: 6 appointments. The latest: Ajay Mahajan was appointed as CFO on 30 Jan 2026.

Appointed
Ajay Mahajan was appointed as CFO.
AGM
Marg Fintech Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Appointed
Mohit Jain was appointed as Nominee Director.
Appointed
Shubhankar Tarlok Sharma was appointed as Nominee Director.
Filing
Marg Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Appointed
Anup Singh was appointed as Managing Director.
Appointed
Mahender Singh was appointed as Director.
Appointed
Sudhir Singh was appointed as Director.
Incorporation
18 Oct 2019
Marg Fintech Private Limited was registered on 18 Oct 2019 with Roc Delhi Ii & aged 7 years 25 days as per MCA records.

Frequently asked questions

Marg Fintech is an active private limited company based in Delhi, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 18 October 2019 (7+ years old) and is registered under CIN U74999DL2019PTC356408.

Marg Fintech has 6 current directors and KMP:

The latest financial statements of Marg Fintech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Marg Fintech is 07AANCM0153C1ZT, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AANCM0153C1ZP (Uttar Pradesh).

The CIN (Corporate Identification Number) of Marg Fintech is U74999DL2019PTC356408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Marg Fintech was incorporated on 18 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.

Marg Fintech has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021.

The peers of Marg Fintech by revenue are Aapt Fintech Private Limited, Oneness Fintech Services Private Limited, Carnival Fintech Private Limited, all in the BFSI industry (Fintech, Payment Gateways), with the same principal business activity (other financial activities).

Ajay Mahajan was appointed as CFO on 30 Jan 2026. Mohit Jain was appointed as Nominee Director on 22 Jul 2025. Shubhankar Tarlok Sharma was appointed as Nominee Director on 22 Jul 2025. Marg Fintech has 6 board changes on record in total.

Yes, Marg Fintech is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-04-0003868).

Marg Fintech can be reached through the website margpay.com. Its registered office is in Delhi, India.