About More Fintech Private Limited
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More Fintech 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 01 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2019PTC323449. Its GSTIN is 27AAMCM5662K1ZV (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.94 Cr. It is led by directors Shekhar Agrawal and Pramod Kantilal Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.02 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹71.68 Lakh and EBITDA of -₹70.88 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 52% over three years.
The company is associated with 1 brand: Morefintech.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morefintech.in.
Company details
Contact details
More Fintech Private Limited's registered office is in Mumbai, Maharashtra. Its website is morefintech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address203 2nd Floor, Corporate Centre Andheri Kurla Road, Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of More Fintech 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
Brands
More Fintech operates one associated brand: MOREFINTECH. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stock broking and research services in the financial markets of India. | morefintech.in |
Business activity
The main business activity of More Fintech 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 More Fintech Private Limited, buy the company report.
Financials of More Fintech Private Limited
FY 2024 filings availableMore Fintech Private Limited reported revenue of ₹12.02 Lakh (down 88% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over three years, including a 88% fall in the latest year. EBITDA rose 32% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹12.02 Lakh | ||||
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| EBITDA | -₹70.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹71.68 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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To see the full financial statements and ratios of More Fintech Private Limited, buy the company report.
Board of directors of More Fintech Private Limited
More Fintech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Agrawal | Director | 24 Jun 2019 | 7 Years 3 Months | Current |
| Pramod Kantilal Shah Also directs: Wealthbrain Private Limited | Additional Director | 13 Apr 2022 | 4 Years 6 Months | Current |
Auditor
More Fintech Private Limited is audited by J B A AND ASSOCIATES LLP. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J B A AND ASSOCIATES LLP. | FY 2024 | W100646 |
Shareholding
The shareholding of More Fintech Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of More Fintech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving More Fintech 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 More Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
More Fintech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM5662K1ZV | Maharashtra | Active | 11 Jun 2019 |
To see the full GST registrations and return filing status of More Fintech Private Limited, buy the company report.
Recent activity
More Fintech Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Rahul Sharma ceased to be Director on 30 Mar 2024.
Frequently asked questions
More Fintech 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 01 April 2019 (7+ years old) and is registered under CIN U67100MH2019PTC323449.
More Fintech has 2 current directors:
- Shekhar Agrawal - Director
- Pramod Kantilal Shah - Additional Director
The latest financial statements of More Fintech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of More Fintech is 27AAMCM5662K1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of More Fintech is U67100MH2019PTC323449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
More Fintech was incorporated on 01 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Rahul Sharma ceased to be Director on 30 Mar 2024. Pramod Kantilal Shah was appointed as Additional Director on 13 Apr 2022. Ashwin Babu Tidke ceased to be Director on 24 Mar 2022. More Fintech has 4 board changes on record in total.
More Fintech can be reached through the website morefintech.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of More Fintech is at 203 2nd Floor, Corporate Centre Andheri Kurla Road, Mumbai, Maharashtra, India – 400059.
More Fintech operates in the financial services industry, in the diversified financial services segment.