Finlite Finance Private Limited

Provides financing services for consumers, individuals, and businesses to purchase vehicles.

2017 | Hyderabad, Telangana (India) | Active
Last Updated: January 09, 2025

Finlite Finance Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 M
  • Revenue Growth %
  • Profit Growth -100.00%
  • Ebitda -100.00%
  • Net Worth -36.39%
  • Total Assets -16.90%

About Finlite Finance

Finlite Finance Private Limited (FFPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 January 2017 (Eight years and one month 2 days old ). Its registered office is in Hyderabad, Telangana, India.

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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.00 M.

Naveen Jain and Adesh Sethi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2017PTC113897

  • Company No.

    113897

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Finlite Finance?

Board Members (2)

Name Designation Appointment Date Status
Naveen Jain Country flag representing In Director 05-Jan-2017 Current
Adesh Sethi Country flag representing In Director 05-Jan-2017 Current

Financial Performance of Finlite Finance.

Finlite Finance Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 100% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.39%.

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
Revenue from Operations
Total Assets
-16.90%
Profit or Loss
-100.00%
Net Worth
-36.39%
EBITDA
-100.00%

What is the Ownership and Shareholding Structure of Finlite Finance?

In 2020, Finlite Finance had a promoter 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

₹3.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
13 May 2022 Hdfc Bank Limited ₹3.00 M Open

How Many Employees Work at Finlite Finance?

Unlock and access historical data on people associated with Finlite Finance, 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 Finlite Finance, 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 Finlite Finance'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 Finlite Finance

Recent activity within the organization

  • Annual General Meeting

    Finlite Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Finlite Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 M with Charge ID 100873589 was registered on 13 May 2022.

    13 May 2022

  • Director Appointment

    Naveen Kumar Jain was appointed as a Director was appointed as a Director on 05 Jan 2017 & has been associated with this company since 8 years 1 month .

    05 Jan 2017

  • Director Appointment

    Adesh Kumar Sethi was appointed as a Director was appointed as a Director on 05 Jan 2017 & has been associated with this company since 8 years 1 month .

    05 Jan 2017

  • Company Incorporation

    Finlite Finance Private Limited was registered on 05 Jan 2017 with Roc Hyderabad & aged 8 years 1 month as per MCA records.

    05 Jan 2017

Frequently asked questions

  • Finlite Finance Private Limited was incorporated on 05 Jan 2017.

  • The authorized share capital of Finlite Finance Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Finlite Finance Private Limited.

    • Naveen Kumar Jain
    • Adesh Kumar Sethi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finlite Finance Private Limited is 3Rd Floor D.No-6-3-783/22 Ameerpet, India, Hyderabad, Telangana, 500016.

  • The corporate identification number (CIN) of Finlite Finance Private Limited is U74999TG2017PTC113897 and the company number is 113897 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Finlite Finance Private Limited is https://www.finlite.in

  • The financial reports for the fiscal year 2020 indicates that The net worth of Finlite Finance Private Limited has experienced an downturn of -36.39%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Finlite Finance Private Limited amount to ₹ 3.00 M.

  • The most recent Balance Sheet for Finlite Finance Private Limited was filed with the ROC on 31 Mar 2024.

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