About MLC Finotech Private Limited
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MLC Finotech Private Limited is a private limited company based in Gurugram, Haryana, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 11 October 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67100HR2022PTC107092.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Ashwani Narnoli and Rajiv Kumar Gupta.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ground Floor Plot No – 131 Sector – 44 Gurugram, Haryana, India – 122001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.3 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net loss of ₹3 Cr (net margin -69.6%) and EBITDA of -₹2.51 Cr (EBITDA margin -58.3%).
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MoneyWide. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website moneywide.com.
Company details
Contact details
MLC Finotech Private Limited's registered office is in Gurugram, Haryana.
- Registered AddressGround Floor Plot No – 131 Sector – 44 Gurugram, Haryana, India – 122001
- IndustryFinancial Services, Diversified Financial Services
- 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
Brands
MLC Finotech operates one associated brand: MoneyWide. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for consumer personal loans. | moneywide.com |
Business activity
The main business activity of MLC Finotech is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of MLC Finotech Private Limited, buy the company report.
Financials of MLC Finotech Private Limited
FY 2024 filings availableMLC Finotech Private Limited reported revenue of ₹4.3 Cr (up 117% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 117% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹2.51 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3 Cr | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -58.3% | |
| Net Profit Margin | -69.6% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of MLC Finotech Private Limited, buy the company report.
Board of directors of MLC Finotech Private Limited
MLC Finotech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwani Narnoli Also directs: Myloancare Ventures Private Limited | Director | 04 Nov 2023 | 2 Years 11 Months | Current |
| Rajiv Kumar Gupta | Director | 11 Oct 2022 | 4 Years 0 Months | Current |
| Neeraj Tripathi Also directs: Accurex Marketing and Consulting Private Limited | Additional Director | 15 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
MLC Finotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TT Insurance Broking Services Private Limited | ₹4.33 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| Megasec Capital Advisors Private Limited | ₹4.33 Cr (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Viaan Fincap Private Limited | ₹4.33 Cr (FY 2024) | -10.0% | Gandhinagar, Gujarat, India | |||
| Ariston Commodities Private Limited | ₹4.32 Cr (FY 2017) | -47.0% | Noida, Uttar Pradesh, India | |||
| Dearn Insurance Broker Private Limited | ₹4.31 Cr (FY 2024) | 528.0% | Indore, Madhya Pradesh, India | |||
| MLC Finotech Private Limited this company | ₹4.3 Cr (FY 2024) | -₹3 Cr | -69.6% | 117.0% | Gurugram, Haryana, India | |
| Idfc Finance Limited | ₹4.3 Cr (FY 2016) | 120.0% | Mumbai, Maharashtra, India | |||
| Galon Services Private Limited | ₹4.3 Cr (FY 2025) | -46.0% | Chennai, Tamil Nadu, India | |||
| Sureworth Financial Services Private Limited | ₹4.29 Cr (FY 2024) | 414.0% | Jaipur, Rajasthan, India | |||
| Jiyadiya Enterprises Private Limited | ₹4.29 Cr (FY 2025) | 27.0% | Delhi, India | |||
| Indraprastha Corridor Advisory Services Private Limited | ₹4.27 Cr (FY 2024) | 19.0% | New Delhi, Delhi, India |
To see the full peer comparison of MLC Finotech Private Limited, buy the company report.
Legal cases
MLC Finotech Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of MLC Finotech 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 MLC Finotech 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 MLC Finotech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MLC Finotech Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Neeraj Tripathi was appointed as Additional Director on 15 Jan 2026.
Frequently asked questions
MLC Finotech is an active private limited company based in Gurugram, Haryana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 11 October 2022 (4+ years old) and is registered under CIN U67100HR2022PTC107092.
MLC Finotech has 3 current directors:
- Ashwani Narnoli - Director
- Rajiv Kumar Gupta - Director
- Neeraj Tripathi - Additional Director
The latest financial statements of MLC Finotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of MLC Finotech is U67100HR2022PTC107092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MLC Finotech has 1 court case on record: 1 filed against it. 1 is pending.
MLC Finotech was incorporated on 11 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of MLC Finotech by revenue are TT Insurance Broking Services Private Limited, Megasec Capital Advisors Private Limited, Viaan Fincap Private Limited, Ariston Commodities Private Limited, Dearn Insurance Broker Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Neeraj Tripathi was appointed as Additional Director on 15 Jan 2026. Ashwani Narnoli ceased to be Additional Director on 25 Sep 2024. Gaurav Gupta ceased to be Director on 29 Jan 2024. MLC Finotech has 5 board changes on record in total.
MLC Finotech can be reached through the website moneywide.com. Its registered office is in Gurugram, Haryana, India.
The registered office of MLC Finotech is at Ground Floor Plot No – 131 Sector – 44 Gurugram, Haryana, India – 122001.
MLC Finotech operates in the financial services industry, in the diversified financial services segment.