Startup India Government of India
MGC Finance Private Limited
MGC Finance Private Limited - financial services in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.7 Cr
▲ 17% YoY
Net profit · FY 2025
₹40.22 Lakh
Net margin 14.9%
EBITDA · FY 2025
₹1.05 Cr
EBITDA margin 38.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
11
Provident fund records
About MGC Finance Private Limited
Data last updated:
MGC Finance Private Limited is a private limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 06 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65990RJ2020PTC071352. Its GSTIN is 08AANCM8759J1ZK (Rajasthan).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Damodar Lal Mundra and Vedant Mundra.
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 Plot No.B – 35 B – 36 Devi Chiranjeev Col. Mahesh Nagar Gopalpura Bypass Road, Jaipur, Rajasthan, India – 302018.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.7 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹40.22 Lakh (net margin 14.9%) and EBITDA of ₹1.05 Cr (EBITDA margin 38.7%). Revenue has grown at a compounded annual rate (CAGR) of 126% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 4 cases are pending.
MGC Finance Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-07-0018768). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U65990RJ2020PTC071352
Registration Number 071352
Incorporation Date 06 October 2020
ROC Jaipur
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-RJ-07-0018768
Recognitions & Rankings of MGC Finance
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-07-0018768
Contact details
MGC Finance Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.B – 35 B – 36 Devi Chiranjeev Col. Mahesh Nagar Gopalpura Bypass Road, Jaipur, Rajasthan, India – 302018
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of MGC Finance Private Limited, buy the company report.
Comprehensive company report
MGC Finance 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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Business activity
The main business activity of MGC Finance is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of MGC Finance Private Limited, buy the company report.
Financials of MGC Finance Private Limited
FY 2025 filings availableMGC Finance Private Limited reported revenue of ₹2.7 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹2.7 Cr ▲ 17%
Net profit · FY 2025
₹40.22 Lakh margin 14.9%
EBITDA · FY 2025
₹1.05 Cr margin 38.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 126%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 155%
Revenue has grown at a compounded annual rate (CAGR) of 126% over three years, including 17% growth in the latest year. EBITDA rose 20% 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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| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.22 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.7% | ||||
| Net Profit Margin | 14.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 MGC Finance Private Limited, buy the company report.
Board of directors of MGC Finance Private Limited
MGC Finance has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damodar Lal Mundra Also directs: Hylen Impex LLP, Maheshwari Woollen Mills Private Limited, DGT Distribution Private Limited and 2 more | Director | 06 Oct 2020 | 6 Years 1 Months | Current |
| Vedant Mundra | Director | 06 Oct 2020 | 6 Years 1 Months | Current |
| Madhav Mundra | Director | 06 Oct 2020 | 6 Years 1 Months | Current |
| Rajendra Kumar Mundra Also directs: Select Granite India Private Limited | Director | 06 Oct 2020 | 6 Years 1 Months | Current |
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100707010 | City Union Bank Limited | ₹2 Cr | Open |
To see the full charge records of MGC Finance Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
MGC Finance Private Limited has 4 court cases on record: 4 filed by MGC Finance. All cases are pending.
Total cases
4
Filed by the company
4
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ajmer, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Bhilwara, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Bhilwara, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Bhilwara, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of MGC Finance 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 MGC Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MGC Finance Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-8.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of MGC Finance Private Limited, buy the company report.
GST
MGC Finance has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AANCM8759J1ZK | Rajasthan | Active | 04 Oct 2021 |
To see the full GST registrations and return filing status of MGC Finance Private Limited, buy the company report.
Recent activity
MGC Finance Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Kapil Mundra ceased to be Director on 27 May 2023.
AGM
Mgc Finance Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mgc Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with City Union Bank Limited of Rs. 2.00 Cr registered on 29 Mar 2023 with Charge ID 100707010 was modified on 24 Aug 2023.
Ceased
Kapil Mundra ceased to be Director.
Charges
A charge with City Union Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100707010 was registered on 29 Mar 2023.
Appointed
Damodar Lal Mundra was appointed as Director.
Appointed
Madhav Mundra was appointed as Director.
Appointed
Rajendra Kumar Mundra was appointed as Director.
Appointed
Vedant Mundra was appointed as Director.
Incorporation
06 Oct 2020
Mgc Finance Private Limited was registered on 06 Oct 2020 with Roc Jaipur & aged 6 years 1 month as per MCA records.
Frequently asked questions
MGC Finance is an active private limited company based in Jaipur, Rajasthan, India. The company works in nbfc, within the financial services industry. It was incorporated on 06 October 2020 (6+ years old) and is registered under CIN U65990RJ2020PTC071352.
MGC Finance has 4 current directors:
- Damodar Lal Mundra - Director
- Vedant Mundra - Director
- Madhav Mundra - Director
- Rajendra Kumar Mundra - Director
The latest financial statements of MGC Finance 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 2021 are in the company report.
The GSTIN of MGC Finance is 08AANCM8759J1ZK, registered in Rajasthan.
The CIN (Corporate Identification Number) of MGC Finance is U65990RJ2020PTC071352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGC Finance has 4 court cases on record: 4 filed by the company. 4 are pending.
MGC Finance was incorporated on 06 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Jaipur.
Kapil Mundra ceased to be Director on 27 May 2023. Damodar Lal Mundra was appointed as Director on 06 Oct 2020. Madhav Mundra was appointed as Director on 06 Oct 2020. MGC Finance has 5 board changes on record in total.
Yes, MGC Finance is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, MGC Finance is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-07-0018768).
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