About MOREFINTECH
MOREFINTECH is a Financial Services company. It operates as a stock broking and research services in the financial markets of India. Its Indian entity More Fintech Private Limited reported revenue of βΉ12 Lakh. MOREFINTECH offers products and services including Stock Broking and Research Services. Its focus areas include Finance, Investment Services, Stock Broking and Equity Trading.
Company details
MOREFINTECH is registered with the Securities Exchange Board of India as a stock broker, where services in stock broking and research are provided. Membership is maintained on the Bombay Stock Exchange for segments such as Capital Market, Currency Derivatives, and Equity Futures and Options. The company is situated in Mumbai and is characterized by discipline and a focus on customer priorities, with trustworthiness and politeness emphasized in operations. Contact details are made available for inquiries, ensuring that financial market activities are conducted with keen learning and community honor in mind.
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Legal Name Morefintech Private Limited
- Date of Incorporation 01 Apr, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹12 Lakh
FY 2024 · -88% YoY
- Net Loss-₹71.7 Lakh
FY 2024 · -596% margin
- EBITDA-₹70.9 Lakh
FY 2024 · -590% margin
Associated legal entities of MOREFINTECH
MOREFINTECH operates through More Fintech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| More Fintech Private Limited CIN U67100MH2019PTC323449 | Active | 01 Apr 2019 | Mumbai, Maharashtra | ₹0.1 Cr | – | 3 | View details |
Products & Services of MOREFINTECH
MOREFINTECH offers a comprehensive portfolio of products and services, including Stock Broking and Research Services.
Stock broking services are provided on various exchange segments, including Capital Market and Derivatives
Research services are offered in financial markets to support broking activities
Board of directors of More Fintech Private Limited (MOREFINTECH)
More Fintech Private Limited is the primary company behind MOREFINTECH. The board of More Fintech Private Limited currently have 2 directors; the longest-serving is Shekhar Agrawal, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shekhar Agrawal DIN 07123107 | Director | 24 Jun 2019 | 7 yrs 3 mo | More Fintech Private Limited |
| Pramod Kantilal Shah DIN 06632721 | Additional Director | 13 Apr 2022 | 4 yrs 6 mo | More Fintech Private Limited |
Financials of MOREFINTECH
Figures of More Fintech Private Limited, the primary company behind MOREFINTECH, for FY 2024. Revenue was ₹12 Lakh (-88% year on year). Net loss was -₹71.7 Lakh (-596% margin). EBITDA was -₹70.9 Lakh (-590% margin). Revenue has grown at a compounded annual rate of -52% over three years.
- ₹12 LakhRevenue · FY 2024 · -88% YoY
- -₹71.7 LakhNet loss · -596% margin
- -₹70.9 LakhEBITDA · -590% margin
- ₹7.94 CrPaid-up capital
- -52%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of More Fintech Private Limited are on its company page.
Detailed financial statements for MOREFINTECH
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
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Top companies in Brokers and Dealers
10 companies that operate in the same segment as MOREFINTECH (Brokers and Dealers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Trading in stocks, mutual funds, and commodities is facilitated. | 1995 | Mumbai, Maharashtra, India | – | USD 263.15 M | 1,580 | |
Trading and investment services are provided through an online platform. | 2000 | Mumbai, Maharashtra, India | – | USD 310.83 M | 3,228 | |
Insurance brokerage and consulting services are provided to clients. | 2007 | San Francisco, California, United States | – | – | – | |
Stock brokerage and financial advisory services are provided to investors. | 1989 | San Diego, California, United States | – | USD 16.99 B | 9,000 | |
Discount brokerage services for stock trading are provided. | 1982 | Plantation, Florida, United States | – | – | – | |
Insurance brokerage services are provided globally by Howden Group Holdings. | 1994 | London, England, United Kingdom | USD 680.2 M | – | – | |
Financial services encompassing wealth management and stock brokerage are offered. | 1994 | Mumbai, Maharashtra, India | – | USD 127.79 M | 1,160 | |
Stock brokerage and financial services are provided in India. | 1944 | Mumbai, Maharashtra, India | – | – | – | |
Online share trading and brokerage services for Indian stocks and mutual funds. | 1994 | Mumbai, Maharashtra, India | – | USD 30.16 M | 383 | |
Stock brokerage services are offered by Finam in Russia. | 1994 | Moscow, Russia | – | USD 956.56 K | – |
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Frequently Asked Questions about MOREFINTECH
The primary company behind MOREFINTECH, More Fintech Private Limited, reported revenue of βΉ12 Lakh for FY 2024, down 88% year on year.
MOREFINTECH is registered with the Securities Exchange Board of India as a stock broker, where services in stock broking and research are provided. Membership is maintained on the Bombay Stock Exchange for segments such as Capital Market, Currency Derivatives, and Equity Futures and Options. The company is situated in Mumbai and is characterized by discipline and a focus on customer priorities, with trustworthiness and politeness emphasized in operations. Contact details are made available for inquiries, ensuring that financial market activities are conducted with keen learning and community honor in mind.
MOREFINTECH offers Stock Broking and Research Services.
MOREFINTECH operates through More Fintech Private Limited.
The legal entities of MOREFINTECH currently have 3 directors, including Shekhar Agrawal, Pramod Kantilal Shah, Thakkar Rishi Bharatbhai.
