Finbud Financial Services Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 14.00 Cr
- Company Age 12 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.77 Cr
- Satisfied Charges ₹ 4.50 Cr
- Revenue Growth 53.79%
- Profit Growth 1140.65%
- Ebitda 105.78%
- Net Worth 35.03%
- Total Assets 8.88%
About Finbud Financial Services
Finbud Financial Services Limited (FFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 July 2012 and has a history of 12 years and eight months. Its registered office is in Bangaluru, Karnataka, 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 20.00 Cr and a paid-up capital of Rs 14.00 Cr.
The company currently has active open charges totaling ₹3.77 Cr. The company has closed loans amounting to ₹4.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Finbud Financial Services Limited India are Parag Agarwal as CFO and Vivekananda Udaya as Company Secretary. Parag Agarwal, Parth Pande, Vivek Bhatia, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67190KA2012PLC064767
- Company No.
064767
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Jul 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Finbud Financial Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parag Agarwal | CFO | 13-Nov-2024 | Current |
| Vivekananda Udaya | Company Secretary | 14-Nov-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Bhatia  | Whole-Time Director | 09-Jul-2012 | Current |
| Praveen Kavuri | Director | 15-Nov-2024 | Current |
| Parth Pande | Whole-Time Director | 01-Jan-2015 | Current |
| Parag Agarwal | Whole-Time Director | 01-Apr-2014 | Current |
| Payal Shah | Director | 15-Nov-2024 | Current |
| Ajay Singh | Director | 15-Nov-2024 | Current |
Financial Performance of Finbud Financial Services.
Finbud Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.79% increase. The company also saw a substantial improvement in profitability, with a 1140.65% increase in profit. The company's net worth Soared by an impressive increase of 35.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Finbud Financial Services?
In 2023, Finbud Financial Services had a promoter holding of 80.19% and a public holding of 19.81%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Ltcv Credit Private LimitedParag Agarwal and Parth Pande are mutual person
- Cazo Foodtech Llp
Praveen Kavuri is a mutual person
- Grovion Energy Private Limited
Praveen Kavuri is a mutual person
- Asianware Home Private Limited
Praveen Kavuri is a mutual person
Charges (Loans)
Open Charges
₹3.77 Cr
Satisfied Charges
₹4.50 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 3.77 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Oct 2016 | Hdfc Bank Limited | ₹3.77 Cr | Open |
| 24 Aug 2018 | Hdfc Bank Limited | ₹4.50 Cr | Satisfied |
How Many Employees Work at Finbud Financial Services?
Finbud Financial Services has a workforce of 90 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Finbud Financial 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 Finbud Financial Services'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 Finbud Financial Services
Recent activity within the organization
- Director Appointment
Praveen Kavuri was appointed as a Director was appointed as a Director on 15 Nov 2024 & has been associated with this company since 4 months 13 days .
- Director Appointment
Payal Shah was appointed as a Director was appointed as a Director on 15 Nov 2024 & has been associated with this company since 4 months 13 days .
- Director Appointment
Ajay Vikram Singh was appointed as a Director was appointed as a Director on 15 Nov 2024 & has been associated with this company since 4 months 13 days .
- Director Appointment
Vivekananda Bhandarkar Udaya was appointed as a Company Secretary was appointed as a Company Secretary on 14 Nov 2024 & has been associated with this company since 4 months 14 days .
- Director Appointment
Parag Agarwal was appointed as a Cfo was appointed as a Cfo on 13 Nov 2024 & has been associated with this company since 4 months 15 days .
- Annual General Meeting
Finbud Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Recent News, Updates & Announcement
The Chennai Angels invests in Finance Buddha.India Business News: The Chennai Angels (TCA) on Friday announced an investment in Finance Buddha, a three-year-old company, with a hybrid marketplace model for financial .
- Chennai Angels Invest in Finance Buddha to Fuel Growth! 💰💸 #startupgoals #financialservices #angelsinaction.
Chennai Angels: We gotchu, Finance Buddha! 💰💸 Invested undisclosed cash to help them grow. #startupgoals #financialservices #angelsinaction.
Frequently asked questions
What is the Incorporation or founding date of Finbud Financial Services Limited?
Finbud Financial Services Limited was incorporated on 09 Jul 2012.
What is authorized share capital and paid-up capital of Finbud Financial Services Limited?
The authorized share capital of Finbud Financial Services Limited is ₹ 20.00 Cr and paid-up capital is ₹ 14.00 Cr.
Who are the current board members & directors of Finbud Financial Services Limited?
Currently 8 directors are associated with Finbud Financial Services Limited.
- Parag Agarwal
- Parth Pande
- Vivek Narsnderkumar Bhatia
- Praveen Kavuri
- Payal Shah
- Ajay Vikram Singh
- Parag Agarwal
- Vivekananda Bhandarkar Udaya
What is the registered address of Finbud Financial Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Finbud Financial Services Limited is No.10 1St Floor 6Th Main, 9Th Cross Jeevan Bhima Nagar India, Bangalore, Karnataka, 560075.
What is the corporate identification number (CIN) and company number of Finbud Financial Services Limited?
The corporate identification number (CIN) of Finbud Financial Services Limited is U67190KA2012PLC064767 and the company number is 064767 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finbud Financial Services Limited?
The Official website of Finbud Financial Services Limited is https://www.financebuddha.com
What has been the recent revenue trend for Finbud Financial Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Finbud Financial Services Limited has risen by 53.79%.
How many employees does Finbud Financial Services Limited currently have?
As Per 2023 financial reports, 90 employees are currently employed by Finbud Financial Services Limited.
What change has been observed in the net worth of Finbud Financial Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Finbud Financial Services Limited has experienced an upsurge of 35.03%.
What are the total open charges for Finbud Financial Services Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Finbud Financial Services Limited amount to ₹ 3.77 Cr.
When was the last Balance Sheet of Finbud Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Finbud Financial Services Limited was filed with the ROC on 31 Mar 2024.
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