Finnew Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.85 Cr
- Company Age 9 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.80 M
- Satisfied Charges ₹ 55.00 Cr
- Revenue Growth 55.17%
- Profit Growth -141.88%
- Ebitda -118.27%
- Net Worth 197.64%
- Total Assets 225.23%
About Finnew Solutions
Finnew Solutions Private Limited (FSPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 November 2015 (Nine years and three months 0 days old ). Its registered office is in Bangaluru, Karnataka, 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 5.00 Cr and a paid-up capital of Rs 4.85 Cr.
The company currently has active open charges totaling ₹1.80 M. The company has closed loans amounting to ₹55.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Finnew Solutions Private Limited India are Gourav Kumar as CFO and Vinay Bagri as Ceo. Gautam Ashra, Anand Daniel, Kartik Srivatsa, and Three other members 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
U74900KA2015PTC084275
- Company No.
084275
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Nov 2015
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Finnew Solutions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gourav Kumar | CFO | 15-Sep-2023 | Current |
| Vinay Bagri | CEO | 23-May-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Virender Bisht  | Director | 23-Nov-2015 | Current |
| Vinay Bagri | Director | 23-Nov-2015 | Current |
| Nithya Easwaran | Additional Director | Current | |
| Kartik Srivatsa | Nominee Director | Current | |
| Gautam Ashra | Additional Director | 14-Jun-2024 | Current |
Anand Daniel  | Nominee Director | Current |
Financial Performance of Finnew Solutions.
Finnew Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 55.17% increase. The company also saw a substantial fall in profitability, with a 141.88% decrease in profit. The company's net worth Soared by an impressive increase of 197.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Finnew Solutions?
In 2022, Finnew Solutions 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)
Vedantu Innovations Private LimitedAnand Daniel is a mutual person
Finnew Captech Private LimitedVinay Bagri and Virender Bisht are mutual person
Dam Capital Advisors LimitedNithya Easwaran is a mutual person
Alphafront Finserv Private LimitedVinay Bagri and Virender Bisht are mutual person
Swiggy LimitedAnand Daniel is a mutual person
Accel India Advisors LlpAnand Daniel is a mutual person
Charges (Loans)
₹0.18 Cr
₹55.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2022 | Hdfc Bank Limited | ₹1.80 M | Open |
| 09 Nov 2021 | Others | ₹55.00 Cr | Satisfied |
How Many Employees Work at Finnew Solutions?
Finnew Solutions has a workforce of 408 employees as of Mar 31, 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 Finnew 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 Finnew Solutions'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.
