Finaks Advisory Services Private Limited

Provides financial consulting and advisory services to various industries, incorporated in 2011.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: December 21, 2024

Finaks Advisory Services Profile

Key Indicators

  • Authorised Capital ₹ 0.70 M
  • Paid Up Capital ₹ 97.60 K
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.35 Cr
  • Satisfied Charges ₹ 3.06 Cr
  • Revenue Growth 60.56%
  • Profit Growth 86.83%
  • Ebitda 56.93%
  • Net Worth 62.92%
  • Total Assets 52.29%

About Finaks Advisory Services

Finaks Advisory Services Private Limited (FASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 November 2011 and has a history of 13 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Outsourcing 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 0.70 M and a paid-up capital of Rs 97.60 K .

The company currently has active open charges totaling ₹2.35 Cr. The company has closed loans amounting to ₹3.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bibi Asma and Deepak Kaushik serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    finaksglobal.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74120KA2011PTC061386

  • Company No.

    061386

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 2011

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing

What products or services does Finaks Advisory Services Private Limited offer?

Finaks Advisory Services Private Limited offers a wide range of products and services, including Residential & Commercial Security, Surveillance Services, HR Consulting & Advisory, Human Resource Management.

Who are the key members and board of directors at Finaks Advisory Services?

Board Members (2)

NameDesignationAppointment DateStatus
Deepak Kaushik Country flag representing In Director 28-Nov-2011Current
Bibi Asma Country flag representing In Director 28-Nov-2011Current

Financial Performance of Finaks Advisory Services.

Finaks Advisory Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.56% increase. The company also saw a substantial improvement in profitability, with a 86.83% increase in profit. The company's net worth Soared by an impressive increase of 62.92%.

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
60.56%
Revenue from Operations
60.77%
Total Assets
52.29%
Profit or Loss
86.83%
Net Worth
62.92%
EBITDA
56.93%

What is the Ownership and Shareholding Structure of Finaks Advisory Services?

In 2023, Finaks Advisory Services 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)

Open Charges

₹23.50 M

Satisfied Charges

₹30.61 M

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr
  • Axis Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2023Axis Bank Limited₹3.50 MOpen
28 Nov 2023Others₹2.00 CrOpen
27 Nov 2023Axis Bank Limited₹2.00 CrSatisfied
30 Mar 2021Others₹7.00 MSatisfied
29 Jun 2018Others₹0.50 MSatisfied

How Many Employees Work at Finaks Advisory Services?

Finaks Advisory Services has a workforce of 95 employees as of Mar 28, 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 Finaks Advisory Services, 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 Finaks Advisory Services'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 Finaks Advisory Services

Recent activity within the organization

  • Annual General Meeting

    Finaks Advisory Services Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Charges

    A charge registered on 27 Nov 2023 via Charge ID 100821879 with Axis Bank Limited was fully satisfied on 12 Aug 2024.

    12 Aug 2024

  • Balance Sheet

    Finaks Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.50 M with Charge ID 100914155 was registered on 21 Dec 2023.

    21 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100822630 was registered on 28 Nov 2023.

    28 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.00 M with Charge ID 100821879 was registered on 27 Nov 2023.

    27 Nov 2023

Frequently asked questions

  • Finaks Advisory Services Private Limited was incorporated on 28 Nov 2011.

  • The authorized share capital of Finaks Advisory Services Private Limited is ₹ 0.70 M and paid-up capital is ₹ 97.60 K .

  • Currently 2 directors are associated with Finaks Advisory Services Private Limited.

    • Bibi Asma
    • Deepak Kaushik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finaks Advisory Services Private Limited is No. 1255-1256 14Th Floor A Wing Mittal Towers, Mg Road India, Bangalore North, Karnataka, 560001.

  • The corporate identification number (CIN) of Finaks Advisory Services Private Limited is U74120KA2011PTC061386 and the company number is 061386 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Finaks Advisory Services Private Limited is https://www.finaksglobal.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Finaks Advisory Services Private Limited has risen by 60.56%.

  • As Per 2022 financial reports, 95 employees are currently employed by Finaks Advisory Services Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Finaks Advisory Services Private Limited has experienced an upsurge of 62.92%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Finaks Advisory Services Private Limited amount to ₹ 2.35 Cr.

  • The most recent Balance Sheet for Finaks Advisory Services Private Limited was filed with the ROC on 31 Mar 2024.

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