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Mufin Technologies Private Limited - internet in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.79 Cr
▼ 44% YoY
Net loss · FY 2025
₹19.18 Lakh
Net margin -10.7%
EBITDA · FY 2025
-₹9.68 Lakh
EBITDA margin -5.4%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Mufin Technologies Private Limited
Data last updated:
Mufin Technologies Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Hindon Mercantile Limited and recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 09 October 2020 and has been in existence for over 6 years.
Its director Kapil Garg and family are #1,374 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U62099DL2020PTC371174.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors including Ankush Julka and Kapil Garg.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 2nd Floor Best Sky Tower Plot No. F – 5 Netaji Subhash Place, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.79 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹19.18 Lakh (net margin -10.7%) and EBITDA of -₹9.68 Lakh (EBITDA margin -5.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company is associated with 1 brand: Mufin Finance. Court records list 1 case involving the company, including 1 filed by the company.
For more details, the company can be reached via its website mufinfinance.com.
Company details
CIN U62099DL2020PTC371174
Registration Number 371174
Incorporation Date 09 October 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Hindon Mercantile Limited
DPIIT Recognition Recognised Startup
CIN history
Mufin Technologies has one previous CIN (Corporate Identification Number): U65990DL2020PTC371174. The current CIN is U62099DL2020PTC371174, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099DL2020PTC371174 | Current |
| U65990DL2020PTC371174 | Previous |
Recognitions & Rankings of Mufin Technologies
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,374 Kapil Garg & family ₹1,600 Cr
Contact details
Mufin Technologies Private Limited's registered office is in New Delhi, Delhi.
- Social Media
- Apps
- Registered Address201 2nd Floor Best Sky Tower Plot No. F – 5 Netaji Subhash Place, New Delhi, Delhi, India – 110034
- IndustryInternet, Online Financial Services
Comprehensive company report
Mufin Technologies 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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Secure checkout · GST invoice included
Brands
Mufin Technologies operates one associated brand: Mufin Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of consumer and SME loans | mufinfinance.com |
Financials of Mufin Technologies Private Limited
FY 2025 filings availableMufin Technologies Private Limited reported revenue of ₹1.79 Cr (down 44% YoY) for FY 2025.
Revenue · FY 2025
₹1.79 Cr ▼ 44%
Net loss · FY 2025
₹19.18 Lakh margin -10.7%
EBITDA · FY 2025
-₹9.68 Lakh margin -5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 137%
3 years · compounded
▼ 32%
Revenue fell 44% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 137% 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 | -₹9.68 Lakh | ||||
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| Net Profit (PAT) | -₹19.18 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 | -5.4% | ||||
| Net Profit Margin | -10.7% | ||||
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To see the full financial statements and ratios of Mufin Technologies Private Limited, buy the company report.
Board of directors of Mufin Technologies Private Limited
Mufin Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankush Julka | Director | 22 Nov 2025 | 0 Years 11 Months | Current |
| Kapil Garg Also directs: Mufin Green Finance Limited, LKP Finance Limited, Hindon Mercantile Limited and 5 more | Director | 09 Oct 2020 | 6 Years 0 Months | Current |
| Shelly Garg Also directs: Bima Pay Technology Private Limited | Director | 31 Mar 2024 | 2 Years 6 Months | Current |
Peer comparison
Mufin Technologies Private Limited is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shanthala Chits Private Limited. | ₹1.8 Cr (FY 2024) | 47.0% | Bangalore, Karnataka, India | |||
| Mehul Finance and Investments Private Limited | ₹1.8 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Baunt Finance & Investment Pvt Ltd | ₹1.79 Cr (FY 2025) | 47.0% | Kolkata, West Bengal, India | |||
| Hassaram Investment and Finance Private Limited | ₹1.79 Cr (FY 2024) | 661.0% | Mumbai, Maharashtra, India | |||
| Deeva Ventures Private Limited | ₹1.79 Cr (FY 2025) | 41.0% | Varanasi, Uttar Pradesh, India | |||
| Mufin Technologies Private Limitedthis company | ₹1.79 Cr (FY 2025) | -₹19.18 Lakh | -10.7% | -44.0% | New Delhi, Delhi, India | |
| Jagtarni Finance and Investmentprivate Limited | ₹1.78 Cr (FY 2025) | -72.0% | New Delhi, Delhi, India | |||
| Rajdeep Leasing and Finance Delhi Private Limited | ₹1.78 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Dvara Money Private Limited | ₹1.77 Cr (FY 2025) | 87.0% | Chennai, Tamil Nadu, India | |||
| Uns Digital Technologies Private Limited | ₹1.77 Cr (FY 2025) | 92.0% | Krishnagiri, Tamil Nadu, India | |||
| Svobodha Infinity Investment Advisors Private Limited | ₹1.77 Cr (FY 2025) | -32.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Mufin Technologies Private Limited, buy the company report.
Legal cases
Mufin Technologies Private Limited has 1 court case on record: 1 filed by Mufin Technologies. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against RBL Bank Ltd and 1 other | Disposed |
To see the full case history of Mufin Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mufin Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mufin Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mufin Technologies Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Ankush Julka ceased to be Additional Director on 17 Dec 2025.
Ceased
Ankush Julka ceased to be Additional Director.
Appointed
Ankush Julka was appointed as Director.
AGM
Mufin Technologies Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Mufin Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Ceased
Shelly Garg ceased to be Additional Director.
Ceased
Neha Agarwal ceased to be Director.
Appointed
Shelly Garg was appointed as Director.
Appointed
Kapil Garg was appointed as Director.
Incorporation
09 Oct 2020
Mufin Technologies Private Limited was registered on 09 Oct 2020 with Roc Delhi Ii & aged 6 years 15 days as per MCA records.
News
Frequently asked questions
Mufin Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in online financial services, within the internet industry. It was incorporated on 09 October 2020 (6+ years old) and is registered under CIN U62099DL2020PTC371174.
Mufin Technologies has 3 current directors:
- Ankush Julka - Director
- Kapil Garg - Director
- Shelly Garg - Director
The latest financial statements of Mufin Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Mufin Technologies is U62099DL2020PTC371174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mufin Technologies has 1 court case on record: 1 filed by the company.
Mufin Technologies was incorporated on 09 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mufin Technologies by revenue are Shanthala Chits Private Limited, Mehul Finance and Investments Private Limited, Baunt Finance & Investment Pvt Ltd, Hassaram Investment and Finance Private Limited, Deeva Ventures Private Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Ankush Julka ceased to be Additional Director on 17 Dec 2025. Ankush Julka was appointed as Director on 22 Nov 2025. Shelly Garg ceased to be Additional Director on 27 Sep 2024. Mufin Technologies has 6 board changes on record in total.
Yes, Mufin Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mufin Technologies can be reached through the website mufinfinance.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Mufin Technologies is at 201 2nd Floor Best Sky Tower Plot No. F – 5 Netaji Subhash Place, New Delhi, Delhi, India – 110034.