About Finwings MFD Private Limited
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Finwings MFD Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 14 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC268406. Its GSTIN is 27AACCF6624J1ZI (Maharashtra).
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹55 Lakh. It was formerly known as Finwings Wealth Advisors Private Limited. It is led by directors Samyak Jain and Kiran Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.8 Lakh, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹21.8 Lakh (net margin 49.8%) and EBITDA of ₹29.08 Lakh (EBITDA margin 66.4%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh and satisfied charges of ₹6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finwings.com.
Company details
Contact details
Finwings MFD Private Limited's registered office is in Mumbai, Maharashtra. Its website is finwings.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressBlock No 302 Centre Point, Andheri Kurla Road Near Kohinoor Hotel Andheri (E), Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Finwings MFD 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 Finwings MFD is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Finwings MFD Private Limited, buy the company report.
Financials of Finwings MFD Private Limited
FY 2025 filings availableFinwings MFD Private Limited reported revenue of ₹43.8 Lakh (up 74% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 74% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 23% 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 | ₹29.08 Lakh | ||||
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| Net Profit (PAT) | ₹21.8 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 | 66.4% | ||||
| Net Profit Margin | 49.8% | ||||
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To see the full financial statements and ratios of Finwings MFD Private Limited, buy the company report.
Board of directors of Finwings MFD Private Limited
Finwings MFD has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samyak Jain Also directs: Multicap MFD LLP, Wah Berry LLP | Director | 14 Sep 2015 | 11 Years 1 Months | Current |
| Kiran Jain | Director | 14 Sep 2015 | 11 Years 1 Months | Current |
Auditor
Finwings MFD Private Limited is audited by VIVEK A JAIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEK A JAIN & CO | FY 2020 | 140483W |
Shareholding
The shareholding of Finwings MFD Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Finwings MFD Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2025 | 101222173 | Indian Bank | ₹10 Lakh | Open | |
| 27 Dec 2016 | 100119079 | Others | ₹5 Cr | Satisfied | |
| 05 Dec 2016 | 100119077 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Finwings MFD Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Finwings MFD 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 Finwings MFD Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finwings MFD has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF6624J1ZI | Maharashtra | Active | 01 Aug 2018 |
To see the full GST registrations and return filing status of Finwings MFD Private Limited, buy the company report.
Recent activity
Finwings MFD Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Sachin Sethi ceased to be Director on 31 Mar 2022.
2 earlier events are in the company report.
Frequently asked questions
Finwings MFD is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 14 September 2015 (11+ years old) and is registered under CIN U74999MH2015PTC268406.
Finwings MFD has 2 current directors:
- Samyak Jain - Director
- Kiran Jain - Director
The latest financial statements of Finwings MFD on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Finwings MFD is 27AACCF6624J1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finwings MFD is U74999MH2015PTC268406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finwings MFD was incorporated on 14 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Sachin Sethi ceased to be Director on 31 Mar 2022. Kamalkumar Mahavirprasad Bagra ceased to be Director on 22 Apr 2019. Navneet Chiranjivlal Jain ceased to be Additional Director on 29 Sep 2017. Finwings MFD has 6 board changes on record in total.
Finwings MFD can be reached through the website finwings.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Finwings MFD is at Block No 302 Centre Point, Andheri Kurla Road Near Kohinoor Hotel Andheri E, Mumbai, Maharashtra, India – 400059.
Finwings MFD operates in the financial services industry, in the diversified financial services segment.