

Fincare Business Services Profile
Key Indicators
- Authorised Capital ₹ 115.50 Cr
- Paid Up Capital ₹ 33.11 Cr
- Company Age 10 Year, 7 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 seven 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
- 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
Who are the key members and board of directors at Fincare Business Services?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Dasarathareddy Gunnamreddy ![]() | Managing Director | 01-Aug-2014 | Current |
Gautam Gupta | CFO | 20-May-2021 | Current |
Karishma Chandani | Company Secretary | 12-Jan-2024 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Maninder Juneja ![]() | Nominee Director | 26-Sep-2019 | Current |
Nandini Parekh ![]() | Director | 26-Sep-2019 | Current |
Mandot Kantilal ![]() | Nominee Director | 07-Mar-2024 | Current |
Satyaki Rastogi ![]() | Nominee Director | 19-Jan-2022 | Current |
Peravali Satyanarayana ![]() | Director | 04-Mar-2017 | Current |
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%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.

Related Corporates (Common Directorship)
- Epsa India Projects Private Limited
Nandini Parekh is a mutual person
- Agru Plastic Technology Private Limited
Nandini Parekh is a mutual person
- Fedbank Financial Services Limited
Maninder Juneja is a mutual person
- Cashpor Micro Credit
Satyaki Rastogi is a mutual person
- Home First Finance Company India Limited
Maninder Juneja is a mutual person
- Tata Housing Development Company Limited
Mandot Kantilal is a mutual person
Charges (Loans)
₹0
₹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
Date | Lender | Amount | Status |
---|---|---|---|
04 Mar 2024 | Others | ₹350.00 Cr | Satisfied |
04 Mar 2024 | Tata Capital Housing Finance Limited | ₹500.00 Cr | Satisfied |
23 Jan 2023 | Others | ₹40.00 Cr | Satisfied |
27 Jan 2021 | Tata Capital Financial Services Limited | ₹37.00 Cr | Satisfied |
15 Oct 2019 | Others | ₹61.00 Cr | Satisfied |
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.

Deals i

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

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 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.
- 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.
- Charges
A charge registered on 04 Mar 2024 via Charge ID 100881602 with Others was fully satisfied on 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.
- Charges
A charge registered on 23 Jan 2023 via Charge ID 100672590 with Others was fully satisfied on 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 1 year 13 days .
Recent News, Updates & Announcement
- Fincare raises ₹95 crore from existing investors | Mint.
A total of 140 crore, including the funds raised from the rights issue and reserves available with the company, will be infused into Fincare SFB, says CFO Keyur Doshi.
- Fincare SFB launches 101 digital savings account.
India Business News: Counting Tamil Nadu as an important contributor to its growth, Fincare Small Finance Bank said on Wednesday it was only appropriate that it launches i.
- TA Associates, LeapFrog lead Rs 500 crore funding in Fincare.
As many as $1 billion has been infused into financial services companies that has got small bank licenses over the last 12-18 months, industry analysts have said..
Frequently asked questions
What is the Incorporation or founding date of Fincare Business Services Limited?
Fincare Business Services Limited was incorporated on 01 Aug 2014.
What is authorized share capital and paid-up capital of Fincare Business Services Limited?
The authorized share capital of Fincare Business Services Limited is ₹ 115.50 Cr and paid-up capital is ₹ 33.11 Cr.
Who are the current board members & directors of Fincare Business Services Limited?
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
What is the registered address of Fincare Business Services Limited?
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.
What is the corporate identification number (CIN) and company number of Fincare Business Services Limited?
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).
What is the official website of Fincare Business Services Limited?
The Official website of Fincare Business Services Limited is https://www.fincare.com
What has been the recent revenue trend for Fincare Business Services Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Fincare Business Services Limited has fallen by -95.21%.
What change has been observed in the net worth of Fincare Business Services Limited, and by what percentage?
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%.
When was the last Balance Sheet of Fincare Business Services Limited filed with the ROC?
The most recent Balance Sheet for Fincare Business Services Limited was filed with the ROC on 31 Mar 2024.
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