Finesse Itlabs Private Limited

Software development and digital transformation services for banking, finance, education, and healthcare industries.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated:

Finesse Itlabs Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 12 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.24 M
  • Revenue Growth 33.46%
  • Profit Growth 97.64%
  • Ebitda 191.65%
  • Net Worth 42.72%
  • Total Assets 14.39%

About Finesse Itlabs

Finesse Itlabs Private Limited (FIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 18 March 2013 and has a history of 12 years. Its registered office is in Bangaluru, Karnataka, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹3.24 M.

Raju Ramesh, Sunil Paul, and George Thomas 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

    U72200KA2013FTC068190

  • Company No.

    068190

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    18 Mar 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Finesse Itlabs Private Limited offer?

Finesse Itlabs Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Computer and Networking Solutions, IT Infrastructure Solution, Data Entry & Data Processing Service, Data Management, Networking Solutions, Business Planning and Management, Business Consultant, Software Development & IT Consultant.

Who are the key members and board of directors at Finesse Itlabs?

Board Members (3)

NameDesignationAppointment DateStatus
Sunil Paul Country flag representing In Director 18-Mar-2013Current
Raju Ramesh Country flag representing In Director 19-Mar-2013Current
George Thomas Country flag representing In Whole-Time Director 02-Jun-2020Current

Financial Performance of Finesse Itlabs.

Finesse Itlabs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.46% increase. The company also saw a substantial improvement in profitability, with a 97.64% increase in profit. The company's net worth Soared by an impressive increase of 42.72%.

Finesse Itlabs revenue growth over time
Finesse Itlabs 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
33.46%
Revenue from Operations
44.39%
Total Assets
14.39%
Profit or Loss
97.64%
Net Worth
42.72%
EBITDA
191.65%

What is the Ownership and Shareholding Structure of Finesse Itlabs?

In 2023, Finesse Itlabs had a promoter holding of 97.01% and a public holding of 2.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.24 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
13 Feb 2024Hdfc Bank Limited₹3.24 MOpen

How Many Employees Work at Finesse Itlabs?

Finesse Itlabs has a workforce of 66 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.

Employee growth trends for Finesse Itlabs Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finesse Itlabs, 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 Finesse Itlabs'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 Finesse Itlabs

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.24 M with Charge ID 100927280 was registered on 13 Feb 2024.

  • Annual General Meeting

    Finesse Itlabs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Finesse Itlabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    George Thomas was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Jun 2020 & has been associated with this company since 4 years 9 months .

  • Director Appointment

    Raju Ramesh was appointed as a Director was appointed as a Director on 19 Mar 2013 & has been associated with this company since 12 years 12 days .

  • Director Appointment

    Sunil Paul was appointed as a Director was appointed as a Director on 18 Mar 2013 & has been associated with this company since 12 years 13 days .

Frequently asked questions

  • What is the Incorporation or founding date of Finesse Itlabs Private Limited?

    Finesse Itlabs Private Limited was incorporated on 18 Mar 2013.

  • What is authorized share capital and paid-up capital of Finesse Itlabs Private Limited?

    The authorized share capital of Finesse Itlabs Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Finesse Itlabs Private Limited?

    Currently 3 directors are associated with Finesse Itlabs Private Limited.

    • Raju Ramesh
    • Sunil Paul
    • George Thomas

  • What is the registered address of Finesse Itlabs Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Finesse Itlabs Private Limited is No 1778 3Rd Floor 19Th Main, 13Th Cross Road Hsr Layout Sector 1 India, Bengaluru, Karnataka, 560102.

  • What is the corporate identification number (CIN) and company number of Finesse Itlabs Private Limited?

    The corporate identification number (CIN) of Finesse Itlabs Private Limited is U72200KA2013FTC068190 and the company number is 068190 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Finesse Itlabs Private Limited?

    The Official website of Finesse Itlabs Private Limited is https://www.finessedirect.com

  • What has been the recent revenue trend for Finesse Itlabs Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Finesse Itlabs Private Limited has risen by 33.46%.

  • How many employees does Finesse Itlabs Private Limited currently have?

    As Per 2023 financial reports, 66 employees are currently employed by Finesse Itlabs Private Limited.

  • What change has been observed in the net worth of Finesse Itlabs Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Finesse Itlabs Private Limited has experienced an upsurge of 42.72%.

  • What are the total open charges for Finesse Itlabs Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Finesse Itlabs Private Limited amount to ₹ 3.24 M.

  • When was the last Balance Sheet of Finesse Itlabs Private Limited filed with the ROC?

    The most recent Balance Sheet for Finesse Itlabs Private Limited was filed with the ROC on 31 Mar 2023.

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