Fincare Business Services Limited

Founded in 2014 and headquartered in Gujarat, India.

2014 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Fincare Business Services Profile

Key Indicators

  • Authorised Capital ₹ 115.50 Cr
  • Paid Up Capital ₹ 33.11 Cr
  • Company Age 10 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 998.99 Cr
  • Revenue Growth -95.21%
  • Profit Growth 14.88%
  • Ebitda -119.95%
  • Net Worth 0.03%
  • Total Assets -2.30%

About Fincare Business Services

Fincare Business Services Limited (FBSL) is a Public Limited Indian Non-Government Company incorporated in India on 01 August 2014 and has a history of Ten years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Fincare Business Services Private Limited. 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 115.50 Cr and a paid-up capital of Rs 33.11 Cr.

The company has closed loans amounting to ₹998.99 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Fincare Business Services Limited India are Gautam Gupta as CFO and Karishma Chandani as Company Secretary. Nandini Parekh, Dasarathareddy Gunnamreddy, Mandot Kantilal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fincare.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900GJ2014PLC132578

  • Company No.

    075614

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Aug 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Fincare Business Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Dasarathareddy Gunnamreddy Country flag representing In Managing Director01-Aug-2014Current
Gautam Gupta CFO20-May-2021Current
Karishma Chandani Company Secretary12-Jan-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Maninder Juneja Country flag representing In Nominee Director 26-Sep-2019Current
Nandini Parekh Country flag representing In Director 26-Sep-2019Current
Mandot Kantilal Country flag representing In Nominee Director 07-Mar-2024Current
Satyaki Rastogi Country flag representing In Nominee Director 19-Jan-2022Current
Peravali Satyanarayana Country flag representing In Director 04-Mar-2017Current

Financial Performance of Fincare Business Services.

Fincare Business Services Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 95.21% decrease. The company also saw a substantial improvement in profitability, with a 14.88% increase in profit. The company's net worth moved up by a moderate rise of 0.03%.

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
-95.21%
Revenue from Operations
-91.14%
Total Assets
-2.30%
Profit or Loss
14.88%
Net Worth
0.03%
EBITDA
-119.95%

What is the Ownership and Shareholding Structure of Fincare Business Services?

In 2023, Fincare Business Services had a public holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹998.99 Cr

Charges Breakdown by Lending Institutions

  • Tata Capital Housing Finance Limited : 500.00 Cr
  • Others : 461.99 Cr
  • Tata Capital Financial Services Limited : 37.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Mar 2024Others₹350.00 CrSatisfied
04 Mar 2024Tata Capital Housing Finance Limited₹500.00 CrSatisfied
23 Jan 2023Others₹40.00 CrSatisfied
27 Jan 2021Tata Capital Financial Services Limited₹37.00 CrSatisfied
15 Oct 2019Others₹61.00 CrSatisfied

How Many Employees Work at Fincare Business Services?

Unlock and access historical data on people associated with Fincare Business Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fincare Business 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 Fincare Business 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 Fincare Business Services

Recent activity within the organization

  • Annual General Meeting

    Fincare Business Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 04 Mar 2024 via Charge ID 100881604 with Tata Capital Housing Finance Limited was fully satisfied on 26 Sep 2024.

    26 Sep 2024

  • Charges

    A charge registered on 04 Mar 2024 via Charge ID 100881602 with Others was fully satisfied on 10 Sep 2024.

    10 Sep 2024

  • Balance Sheet

    Fincare Business Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 23 Jan 2023 via Charge ID 100672590 with Others was fully satisfied on 21 Mar 2024.

    21 Mar 2024

  • Director Appointment

    Mandot Ritesh Kantilal was appointed as a Nominee Director was appointed as a Nominee Director on 07 Mar 2024 & has been associated with this company since 11 months 17 days .

    07 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Fincare Business Services Limited was incorporated on 01 Aug 2014.

  • The authorized share capital of Fincare Business Services Limited is ₹ 115.50 Cr and paid-up capital is ₹ 33.11 Cr.

  • Currently 8 directors are associated with Fincare Business Services Limited.

    • Nandini Jashwantlal Parekh
    • Dasarathareddy Gunnamreddy
    • Mandot Ritesh Kantilal
    • Satyaki Rastogi
    • Peravali Satyanarayana
    • Maninder Singh Juneja
    • Gautam Gupta
    • Karishma Chandani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fincare Business Services Limited is 301 302 Abhijeet - V Opp. Mayor Bungalow Law Garden Road Mithakhali, India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Fincare Business Services Limited is U74900GJ2014PLC132578 and the company number is 075614 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fincare Business Services Limited is https://www.fincare.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Fincare Business Services Limited has fallen by -95.21%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Fincare Business Services Limited has experienced an upsurge of 0.03%.

  • The most recent Balance Sheet for Fincare Business Services Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on NBFC