DPIIT recognised startup Government of India
Startup India
Mlfirst Technologies Private Limited - internet in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.09 Cr
▲ 156% YoY
Net loss · FY 2024
₹4.4 Cr
Net margin -210.5%
EBITDA · FY 2024
-₹4.26 Cr
EBITDA margin -203.9%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.62 Cr
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Mlfirst Technologies Private Limited
Data last updated:
Mlfirst Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 29 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021PTC127597. Its GSTIN is 24AAPCM2255H1ZE (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.62 Cr. It is led by directors Avinash Shekhar and Jyothi Swaroop Kola.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office 1302 13th Floor Gala Empire Opp Tv Tower Drive – In Memnagar, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.4 Cr (net margin -210.5%) and EBITDA of -₹4.26 Cr (EBITDA margin -203.9%).
The company is associated with 1 brand: TaxNodes. The company has 1 deal on record (1 funding round), with disclosed funding of ₹13.17 Cr; the latest was in June 2023. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 5 smaller; the largest is Intelgic Technologies Private Limited with revenue of ₹2.09 Cr.
Mlfirst Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0212787). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website taxnodes.com.
Company details
CIN U72900GJ2021PTC127597
Registration Number 127597
Incorporation Date 29 November 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0212787
Recognitions & Rankings of Mlfirst Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0212787
Contact details
Mlfirst Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is taxnodes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice 1302 13th Floor Gala Empire Opp Tv Tower Drive – In Memnagar, Ahmedabad, Gujarat, India – 380054
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Mlfirst Technologies Private Limited, buy the company report.
Comprehensive company report
Mlfirst Technologies 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
Brands
Mlfirst Technologies operates one associated brand: TaxNodes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cryptocurrency tax calculations and reports are managed online. | taxnodes.com |
Business activity
The main business activity of Mlfirst Technologies 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 Mlfirst Technologies Private Limited, buy the company report.
Financials of Mlfirst Technologies Private Limited
FY 2024 filings availableMlfirst Technologies Private Limited reported revenue of ₹2.09 Cr (up 156% YoY) for FY 2024.
Revenue · FY 2024
₹2.09 Cr ▲ 156%
Net loss · FY 2024
₹4.4 Cr margin -210.5%
EBITDA · FY 2024
-₹4.26 Cr margin -203.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 156%
EBITDA CAGR growth
1 year
▼ 270%
Revenue rose 156% in the latest year. EBITDA fell 270% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹4.26 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.4 Cr | ||
| 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -203.9% | ||
| Net Profit Margin | -210.5% | ||
| 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 Mlfirst Technologies Private Limited, buy the company report.
Board of directors of Mlfirst Technologies Private Limited
Mlfirst Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Shekhar | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Jyothi Swaroop Kola | Director | 29 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Mlfirst Technologies 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 |
|---|---|---|---|---|---|---|
| Intelgic Technologies Private Limited | ₹2.09 Cr (FY 2024) | -19.0% | Kolkata, West Bengal, India | |||
| Multi Ops IT Solutions Private Limited | ₹2.09 Cr (FY 2025) | -47.0% | Jalandhar, Punjab, India | |||
| Lenok Solutions Private Limited | ₹2.09 Cr (FY 2025) | -34.0% | Kozhikode, Kerala, India | |||
| Mlfirst Technologies Private Limitedthis company | ₹2.09 Cr (FY 2024) | -₹4.4 Cr | -210.5% | 156.0% | Ahmedabad, Gujarat, India | |
| Fio Labs Private Limited | ₹2.09 Cr (FY 2025) | 24.0% | Hyderabad, Telangana, India | |||
| Neoris Consulting Services India Private Limited | ₹2.09 Cr (FY 2024) | -48.0% | Bangalore, Karnataka, India | |||
| Luminous Enterprises Private Limited | ₹2.09 Cr (FY 2025) | -82.0% | Chennai, Tamil Nadu, India | |||
| Teklaunch Consulting Private Limited | ₹2.09 Cr (FY 2025) | -72.0% | Hyderabad, Telangana, India | |||
| Fuzone E Systems Private Limited | ₹2.09 Cr (FY 2024) | 3.0% | Delhi, India |
To see the full peer comparison of Mlfirst Technologies Private Limited, buy the company report.
Auditor
Mlfirst Technologies Private Limited is audited by GBA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GBA & Associates | FY 2023 | 017818S |
Shareholding
The shareholding of Mlfirst Technologies Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mlfirst Technologies Private Limited, buy the company report.
Deals & funding
Mlfirst Technologies Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹13.17 Cr; the latest was in June 2023.
Total deals
1
Funding round
1
Disclosed funding
₹13.17 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Funding round | ₹13.17 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mlfirst Technologies 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 Mlfirst Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mlfirst Technologies Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
Mlfirst Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCM2255H1ZE | Gujarat | Active | 27 Oct 2022 |
| 29AAPCM2255H1Z4 | Karnataka | Active | 24 Feb 2023 |
To see the full GST registrations and return filing status of Mlfirst Technologies Private Limited, buy the company report.
Recent activity
Mlfirst Technologies Private Limited has 7 board changes on record since 2022: 2 appointments and 5 cessations. The latest: Jyothi Swaroop Kola ceased to be Additional Director on 29 Sep 2025.
AGM
Mlfirst Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Jyothi Swaroop Kola ceased to be Additional Director.
Ceased
Natarajan Gnanapalam Karthikeyan ceased to be Director.
Appointed
Jyothi Swaroop Kola was appointed as Director.
Filing
Mlfirst Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Shivna Sanjay Majmudar ceased to be Additional Director.
Ceased
Rajasekhar Gopalajosyula ceased to be Director.
Appointed
Avinash Shekhar was appointed as Director.
Ceased
Lokesh Kumar Agarwal ceased to be Director.
Incorporation
29 Nov 2021
Mlfirst Technologies Private Limited was registered on 29 Nov 2021 with Roc Ahmedabad & aged 4 years 11 months as per MCA records.
News
Frequently asked questions
Mlfirst Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 29 November 2021 (5+ years old) and is registered under CIN U72900GJ2021PTC127597.
Mlfirst Technologies has 2 current directors:
- Avinash Shekhar - Director
- Jyothi Swaroop Kola - Director
The latest financial statements of Mlfirst Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Mlfirst Technologies is 24AAPCM2255H1ZE, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAPCM2255H1Z4 (Karnataka).
The CIN (Corporate Identification Number) of Mlfirst Technologies is U72900GJ2021PTC127597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mlfirst Technologies was incorporated on 29 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mlfirst Technologies has 1 deal on record (1 funding round), with disclosed funding of ₹13.17 Cr; the latest was in June 2023.
The peers of Mlfirst Technologies by revenue are Intelgic Technologies Private Limited, Multi Ops IT Solutions Private Limited, Lenok Solutions Private Limited, Fio Labs Private Limited, Neoris Consulting Services India Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Jyothi Swaroop Kola ceased to be Additional Director on 29 Sep 2025. Natarajan Gnanapalam Karthikeyan ceased to be Director on 20 Dec 2024. Jyothi Swaroop Kola was appointed as Director on 29 Nov 2024. Mlfirst Technologies has 7 board changes on record in total.
Yes, Mlfirst Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mlfirst Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0212787).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages