India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,374 Kapil Garg & family ₹1,600 Cr
Mufinpay Payment Solutions Private Limited
Mufinpay Payment Solutions Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Active Private Limited Company financial services
Revenue · FY 2025
₹1.96 Cr
Latest filing
Net profit · FY 2025
₹33.14 Lakh
Net margin 16.9%
EBITDA · FY 2025
₹48.51 Lakh
EBITDA margin 24.7%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹2.01 Cr
Issued & subscribed
Open charges
₹100 Cr
Satisfied ₹125 Cr
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
About Mufinpay Payment Solutions Private Limited
Data last updated:
Mufinpay Payment Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 05 May 2022.
Its director Kapil Garg and family are #1,374 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U62090DL2022PTC397858.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors Tanvi Jawa and Kapil Garg.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No.209 2nd Floor H – 1 Garg Tower Distt Center Netaji Subhash Place Pitam, Pura, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.96 Cr. For the same year it recorded a net profit of ₹33.14 Lakh (net margin 16.9%) and EBITDA of ₹48.51 Lakh (EBITDA margin 24.7%).
As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹125 Cr on record.
Company details
CIN U62090DL2022PTC397858
Registration Number 397858
Incorporation Date 05 May 2022
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
CIN history
Mufinpay Payment Solutions has one previous CIN (Corporate Identification Number): U72900DL2022PTC397858. The current CIN is U62090DL2022PTC397858, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62090DL2022PTC397858 | Current |
| U72900DL2022PTC397858 | Previous |
Key People
Tanvi Jawa Director Kapil Garg Director Recognitions & Rankings of Mufinpay Payment Solutions
Contact details
Mufinpay Payment Solutions Private Limited's registered office is in New Delhi, Delhi.
- Registered AddressOffice No.209 2nd Floor H – 1 Garg Tower Distt Center Netaji Subhash Place Pitam, Pura, New Delhi, Delhi, India – 110034
- IndustryFinancial Services, Digital Payment Solutions
Comprehensive company report
Mufinpay Payment 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
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Financials of Mufinpay Payment Solutions Private Limited
FY 2025 filings availableMufinpay Payment Solutions Private Limited reported revenue of ₹1.96 Cr for FY 2025.
Revenue · FY 2025
₹1.96 Cr
Net profit · FY 2025
₹33.14 Lakh margin 16.9%
EBITDA · FY 2025
₹48.51 Lakh margin 24.7%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹48.51 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹33.14 Lakh | ||
| 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 24.7% | ||
| Net Profit Margin | 16.9% | ||
| 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 Mufinpay Payment Solutions Private Limited, buy the company report.
Board of directors of Mufinpay Payment Solutions Private Limited
Mufinpay Payment Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanvi Jawa Also directs: Hindon Mercantile Limited, Bimapay Finsure Private Limited, Finmu Tech Private Limited and 1 more | Director | 19 Dec 2024 | 1 Years 10 Months | Current |
| Kapil Garg Also directs: Mufin Green Finance Limited, LKP Finance Limited, Hindon Mercantile Limited and 5 more | Director | 05 May 2022 | 4 Years 6 Months | Current |
Peer comparison
Mufinpay Payment Solutions Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trishvi Fintech Solutions Private Limited | ₹2.04 Cr (FY 2025) | Thane, Maharashtra, India | ||||
| Fastpaying Solutions Private Limited | ₹2.02 Cr (FY 2025) | -23.0% | Barnala, Punjab, India | |||
| Pepperbiz Marketing and Franchise Private Limited | ₹1.97 Cr (FY 2024) | 16.0% | Lucknow, Uttar Pradesh, India | |||
| Yoflic India Private Limited | ₹1.97 Cr (FY 2024) | -78.0% | Saran, Bihar, India | |||
| Anoush Indo Pay Private Limited | ₹1.97 Cr (FY 2025) | Kolkata, West Bengal, India | ||||
| Mufinpay Payment Solutions Private Limitedthis company | ₹1.96 Cr (FY 2025) | ₹33.14 Lakh | 16.9% | New Delhi, Delhi, India | ||
| Anshika Fintech Private Limited | ₹1.82 Cr (FY 2025) | 51.0% | Sakchi, Jharkhand, India | |||
| Waf Entrepreneurs Private Limited | ₹1.82 Cr (FY 2025) | 48.0% | Mohali, Punjab, India | |||
| At Moon Ventures Private Limited | ₹1.81 Cr (FY 2025) | 1763.0% | Thane, Maharashtra, India | |||
| Cojective Digital Payment and Trading Services Private Limited | ₹1.8 Cr (FY 2025) | 23.0% | Delhi, India | |||
| Acsz Tech Private Limited | ₹1.76 Cr (FY 2024) | 2037.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Mufinpay Payment Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹100 Cr
Satisfied charges
₹125 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2025 | 101184710 | Others | ₹100 Cr | Open | |
| 26 Sep 2025 | 101179463 | Others | ₹125 Cr | Satisfied |
To see the full charge records of Mufinpay Payment Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Mufinpay Payment 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 Mufinpay Payment 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 Mufinpay Payment Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mufinpay Payment Solutions Private Limited has 5 board changes on record since 2022: 2 appointments and 3 cessations. The latest: Tanvi Jawa was appointed as Director on 19 Dec 2024.
Charges
A charge registered on 26 Sep 2025 via Charge ID 101179463 with Others was fully satisfied on 24 Nov 2025.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101184710 was registered on 17 Oct 2025.
Charges
A charge with Others amounted to Rs. 125.00 Cr with Charge ID 101179463 was registered on 26 Sep 2025.
AGM
Mufinpay Payment Solutions Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Mufinpay Payment Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Appointed
Tanvi Jawa was appointed as Director.
Ceased
Ankush Julka ceased to be Additional Director.
Ceased
Shelly Garg ceased to be Additional Director.
Ceased
Neha Agarwal ceased to be Director.
Appointed
Kapil Garg was appointed as Director.
Incorporation
05 May 2022
Mufinpay Payment Solutions Private Limited was registered on 05 May 2022 with Roc Delhi Ii & aged 4 years 6 months as per MCA records.
Frequently asked questions
Mufinpay Payment Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 05 May 2022 (4+ years old) and is registered under CIN U62090DL2022PTC397858.
Mufinpay Payment Solutions has 2 current directors:
- Tanvi Jawa - Director
- Kapil Garg - Director
The latest financial statements of Mufinpay Payment Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Mufinpay Payment Solutions is U62090DL2022PTC397858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mufinpay Payment Solutions was incorporated on 05 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mufinpay Payment Solutions by revenue are Trishvi Fintech Solutions Private Limited, Fastpaying Solutions Private Limited, Pepperbiz Marketing and Franchise Private Limited, Yoflic India Private Limited, Anoush Indo Pay Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Tanvi Jawa was appointed as Director on 19 Dec 2024. Ankush Julka ceased to be Additional Director on 27 Sep 2024. Shelly Garg ceased to be Additional Director on 10 Aug 2024. Mufinpay Payment Solutions has 5 board changes on record in total.
The registered office of Mufinpay Payment Solutions is at Office No.209 2nd Floor H – 1 Garg Tower Distt Center Netaji Subhash Place Pitam, Pura, New Delhi, Delhi, India – 110034.
Mufinpay Payment Solutions operates in the financial services industry, in the digital payment solutions segment.
Mufinpay Payment Solutions has open charges of ₹100 Cr and satisfied charges of ₹125 Cr as per latest MCA filings.
Mufinpay Payment Solutions can be reached at its registered office: Office No.209 2nd Floor H – 1 Garg Tower Distt Center Netaji Subhash Place Pitam, Pura, New Delhi, Delhi, India – 110034.
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