Fineworthy Software Solutions Limited

Software company specializing in design, development, and related services.

2012 | Thane, Maharashtra (India) | Active
Last Updated: December 26, 2024

Fineworthy Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 3.67 Cr
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 198.00 Cr
  • Revenue Growth 88.61%
  • Profit Growth 20.35%
  • Ebitda -199.58%
  • Net Worth -11.21%
  • Total Assets -15.73%

About Fineworthy Software Solutions

Fineworthy Software Solutions Limited (FSSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 July 2012 and has a history of 12 years and six months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Fineworthy Software Solutions Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 3.67 Cr.

The company has closed loans amounting to ₹198.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ramgyan Gupta, Jinesh Chheda, and Pallavi Chalke serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200MH2012PLC233225

  • Company No.

    233225

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jul 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Fineworthy Software Solutions?

Board Members (3)

Name Designation Appointment Date Status
Ramgyan Gupta Country flag representing In Director 24-Feb-2022 Current
Jinesh Chheda Country flag representing In Additional Director 04-Nov-2024 Current
Pallavi Chalke Additional Director 31-Aug-2024 Current

Financial Performance of Fineworthy Software Solutions.

Fineworthy Software Solutions Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 88.61% increase. The company also saw a substantial improvement in profitability, with a 20.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.21%.

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
88.61%
Revenue from Operations
Total Assets
-15.73%
Profit or Loss
20.35%
Net Worth
-11.21%
EBITDA
-199.58%

What is the Ownership and Shareholding Structure of Fineworthy Software Solutions?

In 2022, Fineworthy Software Solutions had a public holding of 100.00%. 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

₹198.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 100.00 Cr
  • Indusind Bank Ltd. : 58.00 Cr
  • Others : 40.00 Cr

Latest Charge Details

Date Lender Amount Status
05 Apr 2024 Others ₹40.00 Cr Satisfied
18 Jan 2018 Hdfc Bank Limited ₹50.00 Cr Satisfied
27 Mar 2014 Hdfc Bank Limited ₹50.00 Cr Satisfied
29 Aug 2012 Indusind Bank Ltd. ₹58.00 Cr Satisfied

How Many Employees Work at Fineworthy Software Solutions?

Unlock and access historical data on people associated with Fineworthy Software Solutions, 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 Fineworthy Software Solutions, 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 Fineworthy Software Solutions'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 Fineworthy Software Solutions

Recent activity within the organization

  • Director Appointment

    Jinesh Dhirajlal Chheda was appointed as a Additional Director was appointed as a Additional Director on 04 Nov 2024 & has been associated with this company since 2 months 29 days .

    04 Nov 2024

  • Annual General Meeting

    Fineworthy Software Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Pallavi Pradeep Chalke was appointed as a Additional Director was appointed as a Additional Director on 31 Aug 2024 & has been associated with this company since 5 months 2 days .

    31 Aug 2024

  • Charges

    A charge registered on 05 Apr 2024 via Charge ID 100916239 with Others was fully satisfied on 14 Aug 2024.

    14 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100916239 was registered on 05 Apr 2024.

    05 Apr 2024

  • Balance Sheet

    Fineworthy Software Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

Frequently asked questions

  • Fineworthy Software Solutions Limited was incorporated on 10 Jul 2012.

  • The authorized share capital of Fineworthy Software Solutions Limited is ₹ 17.00 Cr and paid-up capital is ₹ 3.67 Cr.

  • Currently 3 directors are associated with Fineworthy Software Solutions Limited.

    • Ramgyan Chhatthu Prasad Gupta
    • Jinesh Dhirajlal Chheda
    • Pallavi Pradeep Chalke
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fineworthy Software Solutions Limited is Iifl House Sun Infotech Park Road No 16V Plot No.B-23 Midc Industrial Area, Wa Gle Estate India, Thane, Maharashtra, 400604.

  • The corporate identification number (CIN) of Fineworthy Software Solutions Limited is U72200MH2012PLC233225 and the company number is 233225 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Fineworthy Software Solutions Limited has risen by 88.61%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Fineworthy Software Solutions Limited has experienced an downturn of -11.21%.

  • The most recent Balance Sheet for Fineworthy Software Solutions Limited was filed with the ROC on 31 Mar 2024.

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