Finecons Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 1.12 Cr
- Company Age 24 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 41.17 Cr
- Satisfied Charges ₹ 30.22 Cr
- Revenue Growth 39.43%
- Profit Growth 991.93%
- Ebitda 275.22%
- Net Worth 175.35%
- Total Assets 75.59%
About Finecons
Finecons Limited (FL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 July 2000 and has a history of 24 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 1.12 Cr.
The company currently has active open charges totaling ₹41.17 Cr. The company has closed loans amounting to ₹30.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Finecons Limited India is Ramasamy Karthikeyan as CFO. Soundararajan Radhakrishnan, Chithralekha, Shamugasundaram Karthikeyan, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32204TN2000PLC045348
- Company No.
045348
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2000
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Information Technology
Who are the key members and board of directors at Finecons?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramasamy Karthikeyan | CFO | 01-May-2023 | Current |
Tyagi Paramasiven  | Managing Director | 01-Jan-2001 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Soundararajan Radhakrishnan | Director | 11-Jul-2000 | Current |
| Chithralekha | Whole-Time Director | 01-Jan-2001 | Current |
| Shamugasundaram Karthikeyan | Director | 24-Apr-2023 | Current |
Financial Performance of Finecons.
Finecons Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.43% increase. The company also saw a substantial improvement in profitability, with a 991.93% increase in profit. The company's net worth Soared by an impressive increase of 175.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Finecons?
In 2023, Finecons had a promoter holding of 85.79% and a public holding of 14.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Fine Agrow Ventures Private LimitedChithralekha and Tyagi Paramasiven are mutual person
- Finecons Enviro Services Llp
Chithralekha is a mutual person
Charges (Loans)
Open Charges
₹41.17 Cr
Satisfied Charges
₹30.22 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 37.00 Cr
- Others : 2.51 Cr
- Hdfc Bank Limited : 1.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Oct 2024 | Others | ₹2.50 Cr | Open |
| 23 Aug 2024 | Hdfc Bank Limited | ₹1.17 Cr | Open |
| 09 Nov 2023 | State Bank Of India | ₹37.00 Cr | Open |
| 04 May 2023 | Hdfc Bank Limited | ₹3.49 M | Open |
| 26 Nov 2021 | Hdfc Bank Limited | ₹1.35 M | Open |
How Many Employees Work at Finecons?
Finecons has a workforce of 223 employees as of Apr 07, 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 Finecons, 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 Finecons'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 Finecons
Recent activity within the organization
- Charges
A charge registered on 23 Dec 2020 via Charge ID 100422885 with Hdfc Bank Limited was fully satisfied on 29 Oct 2024.
- Charges
A charge registered on 06 Nov 2020 via Charge ID 100412553 with Hdfc Bank Limited was fully satisfied on 29 Oct 2024.
- Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100997415 was registered on 01 Oct 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.17 Cr with Charge ID 100974468 was registered on 23 Aug 2024.
- Charges
A charge registered on 06 Jun 2023 via Charge ID 100853977 with Hdfc Bank Limited was fully satisfied on 21 Aug 2024.
- Charges
A charge registered on 06 Jun 2023 via Charge ID 100856055 with Hdfc Bank Limited was fully satisfied on 21 Aug 2024.
Frequently asked questions
What is the Incorporation or founding date of Finecons Limited?
Finecons Limited was incorporated on 11 Jul 2000.
What is authorized share capital and paid-up capital of Finecons Limited?
The authorized share capital of Finecons Limited is ₹ 25.00 Cr and paid-up capital is ₹ 1.12 Cr.
Who are the current board members & directors of Finecons Limited?
Currently 5 directors are associated with Finecons Limited.
- Soundararajan Radhakrishnan
- Chithralekha
- Shamugasundaram Karthikeyan
- Ramasamy Karthikeyan
- Tyagi Paramasiven
What is the registered address of Finecons Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Finecons Limited is New No.22/35 First Floor Maharaja Surya Rao Road, Alwarpet India, Chennai, Tamil Nadu, 600018.
What is the corporate identification number (CIN) and company number of Finecons Limited?
The corporate identification number (CIN) of Finecons Limited is U32204TN2000PLC045348 and the company number is 045348 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finecons Limited?
The Official website of Finecons Limited is https://www.finecons.com
What has been the recent revenue trend for Finecons Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Finecons Limited has risen by 39.43%.
How many employees does Finecons Limited currently have?
As Per 2023 financial reports, 223 employees are currently employed by Finecons Limited.
What change has been observed in the net worth of Finecons Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Finecons Limited has experienced an upsurge of 175.35%.
What are the total open charges for Finecons Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Finecons Limited amount to ₹ 41.17 Cr.
When was the last Balance Sheet of Finecons Limited filed with the ROC?
The most recent Balance Sheet for Finecons Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
Mani SoundararajanAdditional DirectorGD
Girish DwarakinathDirectorR
RajinikanthDirectorTA
Tyagi AishvaryaDirector
Similar Companies Based on IT Infrastructure Management & Services
Gap It Services India Private Limited Rangareddy, Telangana, India
Softcell Technologies Global Private Limited Mumbai, Maharashtra, India
Rah Infotech Private Limited New Delhi, Delhi, India
Armee Infotech Limited Ahmedabad, Gujarat, India
Phoenix Tech Zone Private Limited Rangareddy, Telangana, India
Microland Limited Bangalore, Karnataka, India
Zensar Technologies Limited Pune, Maharashtra, India
Golflinks Software Park Private Limited Bangaluru, Karnataka, India