MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-TS-20-0006994
Mgfintech Software Solutions Private Limited
Mgfintech Software Solutions Private Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
Revenue · FY 2021
₹7.22 Lakh
Latest filing
Net loss · FY 2021
₹49,987
Net margin -6.9%
EBITDA · FY 2021
-₹49,987
EBITDA margin -6.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2021
Balance sheet date
About Mgfintech Software Solutions Private Limited
Data last updated:
Mgfintech Software Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC142594.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mullangi Kishan Gandhi and Narasimha Rao Reddy.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Sy.No.456/1P 456/29 Module No.204 Nsic – Emdbp Kamala Nagar Kushaiguda Kapra, Hyderabad, Telangana, India – 500062.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.22 Lakh. For the same year it recorded a net loss of ₹49,987 (net margin -6.9%) and EBITDA of -₹49,987 (EBITDA margin -6.9%).
Mgfintech Software Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0006994).
Company details
CIN U72900TG2020PTC142594
Registration Number 142594
Incorporation Date 07 August 2020
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
MSME Classification Micro
Udyam Registration UDYAM-TS-20-0006994
Recognitions & Rankings of Mgfintech Software Solutions
Contact details
Mgfintech Software Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressSy.No.456/1P 456/29 Module No.204 Nsic – Emdbp Kamala Nagar Kushaiguda Kapra, Hyderabad, Telangana, India – 500062
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
Mgfintech Software Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mgfintech Software Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Mgfintech Software Solutions Private Limited, buy the company report.
Financials of Mgfintech Software Solutions Private Limited
FY 2021 filings availableMgfintech Software Solutions Private Limited reported revenue of ₹7.22 Lakh for FY 2021.
Revenue · FY 2021
₹7.22 Lakh
Net loss · FY 2021
₹49,987 margin -6.9%
EBITDA · FY 2021
-₹49,987 margin -6.9%
Financial Statement Summary
| Metrics | FY 2020-21 |
|---|---|
| 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 | -₹49,987 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹49,987 |
| 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
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | -6.9% |
| Net Profit Margin | -6.9% |
| 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 Mgfintech Software Solutions Private Limited, buy the company report.
Board of directors of Mgfintech Software Solutions Private Limited
Mgfintech Software Solutions has 2 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 |
|---|---|---|---|---|
| Narasimha Rao Reddy Also directs: Kayk Technologies Private Limited | Additional Director | 14 Dec 2021 | 4 Years 10 Months | Current |
| Mullangi Kishan Gandhi | Director | 07 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Mgfintech Software Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ket Infotech Private Limited | ₹7.24 Lakh (FY 2022) | 198.0% | Pune, Maharashtra, India | |||
| Shan Softech Private Limited | ₹7.23 Lakh (FY 2021) | -12.0% | Secunderabad, Telangana, India | |||
| Arishna Iot Solutions Private Limited | ₹7.23 Lakh (FY 2025) | 136.0% | Patna, Bihar, India | |||
| Codeconnect Technologies (OPC) Private Limited | ₹7.23 Lakh (FY 2025) | -50.0% | Jaipur, Rajasthan, India | |||
| Mgfintech Software Solutions Private Limitedthis company | ₹7.22 Lakh (FY 2021) | -₹49,987 | -6.9% | Hyderabad, Telangana, India | ||
| SRP Novel Infotech Private Limited | ₹7.22 Lakh (FY 2019) | 22.0% | Jalgaon, Maharashtra, India | |||
| Awaggo Info Solutions Private Limited | ₹7.22 Lakh (FY 2019) | Marthandam, Tamil Nadu, India | ||||
| Leelaa Tech Services Private Limited | ₹7.21 Lakh (FY 2016) | Hyderabad, Telangana, India | ||||
| Computorq Computers Private Limited | ₹7.21 Lakh (FY 2021) | Bangalore, Karnataka, India |
To see the full peer comparison of Mgfintech Software Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mgfintech Software Solutions 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 Mgfintech Software Solutions 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 Mgfintech Software Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mgfintech Software Solutions Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Abrar Syed Hussaini ceased to be Director on 14 Dec 2021.
Ceased
Abrar Syed Hussaini ceased to be Director.
Appointed
Narasimha Rao Reddy was appointed as Additional Director.
AGM
Mgfintech Software Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Mgfintech Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Appointed
Mullangi Kishan Gandhi was appointed as Director.
Incorporation
07 Aug 2020
Mgfintech Software Solutions Private Limited was registered on 07 Aug 2020 with Roc Hyderabad & aged 6 years 2 months as per MCA records.
Frequently asked questions
Mgfintech Software Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 August 2020 (6+ years old) and is registered under CIN U72900TG2020PTC142594.
Mgfintech Software Solutions has 2 current directors:
- Narasimha Rao Reddy - Additional Director
- Mullangi Kishan Gandhi - Director
The latest financial statements of Mgfintech Software Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Mgfintech Software Solutions is U72900TG2020PTC142594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mgfintech Software Solutions was incorporated on 07 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Mgfintech Software Solutions by revenue are Ket Infotech Private Limited, Shan Softech Private Limited, Arishna Iot Solutions Private Limited, Codeconnect Technologies (OPC) Private Limited, SRP Novel Infotech Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Abrar Syed Hussaini ceased to be Director on 14 Dec 2021. Narasimha Rao Reddy was appointed as Additional Director on 14 Dec 2021. Mullangi Kishan Gandhi was appointed as Director on 07 Aug 2020.
Yes, Mgfintech Software Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-20-0006994).
The registered office of Mgfintech Software Solutions is at Sy.No.4561P 45629 Module No.204 Nsic – Emdbp Kamala Nagar Kushaiguda Kapra, Hyderabad, Telangana, India – 500062.
Mgfintech Software Solutions operates in the information technology industry, in the other computer related activities segment.
Mgfintech Software Solutions can be reached at its registered office: Sy.No.4561P 45629 Module No.204 Nsic – Emdbp Kamala Nagar Kushaiguda Kapra, Hyderabad, Telangana, India – 500062.