Fairmoney Technology Private Limited

Provides IT consultancy and software development services.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Fairmoney Technology Profile

Key Indicators

  • Authorised Capital ₹ 53.50 Cr
  • Paid Up Capital ₹ 52.43 Cr
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -24.23%
  • Profit Growth -88.67%
  • Ebitda -105.21%
  • Net Worth -49.79%
  • Total Assets -48.87%

About Fairmoney Technology

Fairmoney Technology Private Limited (FTPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 07 June 2020 (Four years and eight months 16 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 53.50 Cr and a paid-up capital of Rs 52.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Fairmoney Technology Private Limited India is Saloni Jaiswal as COMPANY SECRETARY. Bharat Verma, Aashish Mandelia, and Laurin Hainy serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fairmoney.in

  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2020FTC134693

  • Company No.

    134693

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    07 Jun 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Fairmoney Technology?

Executive Team (1)

NameDesignationAppointment DateStatus
Saloni Jaiswal Company Secretary30-Jul-2021Current

Board Members (3)

NameDesignationAppointment DateStatus
Bharat Verma Country flag representing In Director 06-Jul-2023Current
Aashish Mandelia Country flag representing In Director 06-Jul-2023Current
Laurin Hainy Country flag representing De Director 07-Jun-2020Current

Financial Performance of Fairmoney Technology.

Fairmoney Technology Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.23% decrease. The company also saw a substantial fall in profitability, with a 88.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.79%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-24.23%
Revenue from Operations
-29.68%
Total Assets
-48.87%
Profit or Loss
-88.67%
Net Worth
-49.79%
EBITDA
-105.21%

What is the Ownership and Shareholding Structure of Fairmoney Technology?

In 2023, Fairmoney Technology had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Fairmoney Technology?

Fairmoney Technology has a workforce of 49 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fairmoney Technology, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fairmoney Technology's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fairmoney Technology

Recent activity within the organization

  • Annual General Meeting

    Fairmoney Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Bharat Verma was appointed as a Director was appointed as a Director on 06 Jul 2023 & has been associated with this company since 1 year 7 months .

    06 Jul 2023

  • Director Appointment

    Aashish Mandelia was appointed as a Director was appointed as a Director on 06 Jul 2023 & has been associated with this company since 1 year 7 months .

    06 Jul 2023

  • Balance Sheet

    Fairmoney Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Saloni Jaiswal was appointed as a Company Secretary was appointed as a Company Secretary on 30 Jul 2021 & has been associated with this company since 3 years 6 months .

    30 Jul 2021

  • Director Appointment

    Laurin Courage Omo Osula Hainy was appointed as a Director was appointed as a Director on 07 Jun 2020 & has been associated with this company since 4 years 8 months .

    07 Jun 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Fairmoney Technology Private Limited was incorporated on 07 Jun 2020.

  • The authorized share capital of Fairmoney Technology Private Limited is ₹ 53.50 Cr and paid-up capital is ₹ 52.43 Cr.

  • Currently 4 directors are associated with Fairmoney Technology Private Limited.

    • Bharat Verma
    • Aashish Mandelia
    • Laurin Courage Omo Osula Hainy
    • Saloni Jaiswal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fairmoney Technology Private Limited is 45/3 Gopala Krishna Complex, Residency Road Mahatma Gandhi Rd India, Bengaluru, Karnataka, 560025.

  • The corporate identification number (CIN) of Fairmoney Technology Private Limited is U74999KA2020FTC134693 and the company number is 134693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fairmoney Technology Private Limited is https://www.fairmoney.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fairmoney Technology Private Limited has fallen by -24.23%.

  • As Per 2023 financial reports, 49 employees are currently employed by Fairmoney Technology Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fairmoney Technology Private Limited has experienced an downturn of -49.79%.

  • The most recent Balance Sheet for Fairmoney Technology Private Limited was filed with the ROC on 31 Mar 2023.

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