Finnable Credit Profile
Key Indicators
- Authorised Capital ₹ 1.60 Cr
- Paid Up Capital ₹ 1.14 Cr
- Company Age 9 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 41.60 Cr
- Satisfied Charges ₹ 34.60 Cr
- Revenue Growth 2303.30%
- Profit Growth 1555.71%
- Ebitda 1012.96%
- Net Worth 1626.95%
- Total Assets 2608.94%
About Finnable Credit
Finnable Credit Private Limited (FCPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 12 August 2015 (Nine years and five months 22 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Qreativity Eservtech 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 2023. It's a company limited by shares with an authorized capital of Rs 1.60 Cr and a paid-up capital of Rs 1.14 Cr.
The company currently has active open charges totaling ₹41.60 Cr. The company has closed loans amounting to ₹34.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Finnable Credit Private Limited India is Nitin Gupta as CEO. Nitin Gupta, Viraj Tyagi, Vaitheeswaran Seetharaman, and One other member serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
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Apps
Corporate Identity Details
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CIN/LLPIN
U67100KA2015PTC082204
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Company No.
082204
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Aug 2015
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Finnable Credit?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitin Gupta | CEO | 15-Feb-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Viraj Tyagi
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Director | 30-Sep-2016 | Current |
Vaitheeswaran Seetharaman
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Director | 25-Jan-2022 | Current |
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Amit Arora
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Director | 25-Jan-2022 | Current |
Financial Performance of Finnable Credit.
Finnable Credit Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 2303.3% increase. The company also saw a substantial improvement in profitability, with a 1555.71% increase in profit. The company's net worth Soared by an impressive increase of 1626.95%.
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What is the Ownership and Shareholding Structure of Finnable Credit?
In 2022, Finnable Credit had a promoter holding of 71.20% and a public holding of 28.80%. 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)
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Sv Edusports Private LimitedViraj Tyagi is a mutual person
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Manipal Health Enterprises Private LimitedVaitheeswaran Seetharaman is a mutual person
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Manipal Global Education Services Private LimitedVaitheeswaran Seetharaman is a mutual person
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Spire Technologies And Solutions Private LimitedViraj Tyagi is a mutual person
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Merittrac Services Private LimitedVaitheeswaran Seetharaman is a mutual person
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Inventive Business Promotions Private LimitedViraj Tyagi is a mutual person
Charges (Loans)
₹41.60 Cr
₹34.60 Cr
Charges Breakdown by Lending Institutions
- Others : 41.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2024 | Others | ₹1.60 Cr | Open |
| 28 Sep 2024 | Others | ₹20.00 Cr | Open |
| 11 Apr 2024 | Others | ₹10.00 Cr | Open |
| 06 Sep 2023 | Others | ₹5.00 Cr | Open |
| 31 Jul 2023 | Others | ₹5.00 Cr | Open |
How Many Employees Work at Finnable Credit?
Unlock and access historical data on people associated with Finnable Credit, 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 Finnable Credit, 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 Finnable Credit'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.
