Finagg Technologies Profile
Key Indicators
- Authorised Capital ₹ 1.29 M
- Paid Up Capital ₹ 1.24 M
- Company Age 5 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.00 Cr
- Satisfied Charges ₹ 1.00 M
- Revenue Growth 1014.29%
- Profit Growth -36936.68%
- Ebitda -16316.06%
- Net Worth 68139.79%
- Total Assets 27816.75%
About Finagg Technologies
Finagg Technologies Private Limited (FTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 02 September 2019 (Five years and six months 2 days old ). Its registered office is in Delhi, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.29 M and a paid-up capital of Rs 1.24 M.
The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹1.00 M, as per Ministry of Corporate Affairs (MCA) records.
Ramakrishnan Srinivasan, Vineet Chadha, Amit Ratanpal, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900DL2019PTC354576
- Company No.
354576
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Sep 2019
- Date of AGM
17 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Information Technology
Who are the key members and board of directors at Finagg Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nipun Kohli  | Managing Director | 02-Sep-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vineet Chadha | Nominee Director | 17-Jan-2024 | Current |
| Mahesh Joshi | Nominee Director | 17-Jan-2024 | Current |
| Ramakrishnan Srinivasan | Whole-Time Director | 03-Mar-2020 | Current |
| Amit Ratanpal | Nominee Director | 05-Sep-2022 | Current |
| Ashma Kohli | Director | 02-Sep-2019 | Current |
Financial Performance of Finagg Technologies.
Finagg Technologies Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 1014.29% increase. The company also saw a substantial fall in profitability, with a 36936.68% decrease in profit. The company's net worth Soared by an impressive increase of 68139.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Finagg Technologies?
In 2021, Finagg Technologies had a public holding of 42.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Imarticus Learning Private LimitedAmit Ratanpal is a mutual person
Blinc Management Advisors Private LimitedAmit Ratanpal is a mutual person
42 Card Solutions Private LimitedAmit Ratanpal is a mutual person
- Finagg Capital Private Limited
Amit Ratanpal, Nipun Kohli and 1 more are mutual person
Sea6 Energy Private LimitedVineet Chadha is a mutual person
Probus Insurance Broker Private LimitedMahesh Joshi is a mutual person
Charges (Loans)
Open Charges
₹100.00 M
Satisfied Charges
₹1.00 M
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
- Yes Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2024 | Yes Bank Limited | ₹5.00 Cr | Open |
| 04 Oct 2023 | Others | ₹4.00 Cr | Open |
| 09 Feb 2021 | Others | ₹1.00 Cr | Open |
| 26 Mar 2021 | Others | ₹1.00 M | Satisfied |
How Many Employees Work at Finagg Technologies?
Finagg Technologies has a workforce of 24 employees as of Mar 25, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Finagg Technologies, 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 Finagg Technologies's trajectory.
Rating
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
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 Finagg Technologies
Recent activity within the organization
- Annual General Meeting
Finagg Technologies Private Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.
- Charges
A charge with Yes Bank Limited amounted to Rs. 50.00 M with Charge ID 100958555 was registered on 29 Jul 2024.
- Charges
A charge registered on 26 Mar 2021 via Charge ID 100446578 with Others was fully satisfied on 10 May 2024.
- Balance Sheet
Finagg Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Vineet Chadha was appointed as a Nominee Director was appointed as a Nominee Director on 17 Jan 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Mahesh Kumar Joshi was appointed as a Nominee Director was appointed as a Nominee Director on 17 Jan 2024 & has been associated with this company since 1 year 1 month .
Recent News, Updates & Announcement
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Frequently asked questions
What is the Incorporation or founding date of Finagg Technologies Private Limited?
Finagg Technologies Private Limited was incorporated on 02 Sep 2019.
What is authorized share capital and paid-up capital of Finagg Technologies Private Limited?
The authorized share capital of Finagg Technologies Private Limited is ₹ 1.29 M and paid-up capital is ₹ 1.24 M.
Who are the current board members & directors of Finagg Technologies Private Limited?
Currently 6 directors are associated with Finagg Technologies Private Limited.
- Ramakrishnan Srinivasan
- Vineet Chadha
- Amit Arvind Ratanpal
- Nipun Kohli
- Mahesh Kumar Joshi
- Ashma Kohli
What is the registered address of Finagg Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Finagg Technologies Private Limited is C 193, First Floor Anand Vihar India, Delhi, 110092.
What is the corporate identification number (CIN) and company number of Finagg Technologies Private Limited?
The corporate identification number (CIN) of Finagg Technologies Private Limited is U72900DL2019PTC354576 and the company number is 354576 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finagg Technologies Private Limited?
The Official website of Finagg Technologies Private Limited is https://www.finagg.in
What has been the recent revenue trend for Finagg Technologies Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Finagg Technologies Private Limited has risen by 1014.29%.
How many employees does Finagg Technologies Private Limited currently have?
As Per 2021 financial reports, 24 employees are currently employed by Finagg Technologies Private Limited.
What change has been observed in the net worth of Finagg Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Finagg Technologies Private Limited has experienced an upsurge of 68139.79%.
What are the total open charges for Finagg Technologies Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Finagg Technologies Private Limited amount to ₹ 10.00 Cr.
When was the last Balance Sheet of Finagg Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Finagg Technologies Private Limited was filed with the ROC on 31 Mar 2024.