Finnable Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.93 M
- Company Age 4 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 44.60 Cr
- Satisfied Charges ₹ 32.90 Cr
- Revenue Growth 301.22%
- Profit Growth 21.39%
- Ebitda 19.48%
- Net Worth 126.97%
- Total Assets 162.24%
About Finnable Technologies
Finnable Technologies Private Limited (FTPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 June 2020 (Four years and eight months 17 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Internet 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 1.93 M.
The company currently has active open charges totaling ₹44.60 Cr. The company has closed loans amounting to ₹32.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Finnable Technologies Private Limited India is Nitin Gupta as CEO. Nitin Gupta, Vaitheeswaran Seetharaman, and Amit Arora serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74999KA2020PTC134989
- Company No.
134989
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jun 2020
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Internet
Who are the key members and board of directors at Finnable Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitin Gupta | CEO | 14-Feb-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Gupta  | Director | 17-Jun-2020 | Current |
| Vaitheeswaran Seetharaman | Director | 05-May-2021 | Current |
| Amit Arora | Director | 17-Jun-2020 | Current |
Financial Performance of Finnable Technologies.
Finnable Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 301.22% increase. The company also saw a substantial improvement in profitability, with a 21.39% increase in profit. The company's net worth Soared by an impressive increase of 126.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Finnable Technologies?
In 2023, Finnable Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Manipal Health Enterprises Private LimitedVaitheeswaran Seetharaman is a mutual person
Manipal Global Education Services Private LimitedVaitheeswaran Seetharaman is a mutual person
Merittrac Services Private LimitedVaitheeswaran Seetharaman is a mutual person
Manipalcigna Health Insurance Company LimitedVaitheeswaran Seetharaman is a mutual person
- Finnable Credit Private Limited
Nitin Gupta, Vaitheeswaran Seetharaman and 1 more are mutual person
Charges (Loans)
Open Charges
₹446.00 M
Satisfied Charges
₹329.00 M
Charges Breakdown by Lending Institutions
- Others : 24.50 Cr
- Yes Bank Limited : 20.00 Cr
- Axis Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2024 | Others | ₹20.00 Cr | Open |
| 31 Jul 2024 | Others | ₹4.50 Cr | Open |
| 29 Dec 2021 | Yes Bank Limited | ₹20.00 Cr | Open |
| 16 Aug 2021 | Axis Bank Limited | ₹1.00 M | Open |
| 30 Mar 2024 | Others | ₹20.00 Cr | Satisfied |
How Many Employees Work at Finnable Technologies?
Finnable Technologies has a workforce of 962 employees as of Apr 09, 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 Finnable Technologies, 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 Technologies'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 Finnable Technologies
Recent activity within the organization
- Charges
A charge registered on 30 Mar 2024 via Charge ID 100907680 with Others was fully satisfied on 13 Sep 2024.
- Charges
A charge registered on 29 Mar 2024 via Charge ID 100907673 with Others was fully satisfied on 28 Aug 2024.
- Charges
A charge with Others amounted to Rs. 200.00 M with Charge ID 100970508 was registered on 23 Aug 2024.
- Charges
A charge with Others amounted to Rs. 45.00 M with Charge ID 100965878 was registered on 31 Jul 2024.
- Charges
A charge registered on 06 Mar 2024 via Charge ID 100909900 with Others was fully satisfied on 05 Apr 2024.
- Charges
A charge with Others amounted to Rs. 200.00 M with Charge ID 100907680 was registered on 30 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Finnable Technologies Private Limited?
Finnable Technologies Private Limited was incorporated on 17 Jun 2020.
What is authorized share capital and paid-up capital of Finnable Technologies Private Limited?
The authorized share capital of Finnable Technologies Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.93 M.
Who are the current board members & directors of Finnable Technologies Private Limited?
Currently 4 directors are associated with Finnable Technologies Private Limited.
- Nitin Gupta
- Vaitheeswaran Seetharaman
- Amit Kumar Arora
- Nitin Gupta
What is the registered address of Finnable Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Finnable Technologies Private Limited is Indiqube Lakeside 4Th Floor Municipal No. 80/2 Wing A Bellandur Village, Varthur Hobli India, Bengaluru, Karnataka, 560103.
What is the corporate identification number (CIN) and company number of Finnable Technologies Private Limited?
The corporate identification number (CIN) of Finnable Technologies Private Limited is U74999KA2020PTC134989 and the company number is 134989 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finnable Technologies Private Limited?
The Official website of Finnable Technologies Private Limited is https://www.finnable.com
What has been the recent revenue trend for Finnable Technologies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Finnable Technologies Private Limited has risen by 301.22%.
How many employees does Finnable Technologies Private Limited currently have?
As Per 2023 financial reports, 962 employees are currently employed by Finnable Technologies Private Limited.
What change has been observed in the net worth of Finnable Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Finnable Technologies Private Limited has experienced an upsurge of 126.97%.
What are the total open charges for Finnable Technologies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Finnable Technologies Private Limited amount to ₹ 44.60 Cr.
When was the last Balance Sheet of Finnable Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Finnable Technologies Private Limited was filed with the ROC on 31 Mar 2023.