Finnovate Financial Services Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.15 Cr
- Company Age 17 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.85 M
- Revenue Growth 53.97%
- Profit Growth 110.85%
- Ebitda 115.78%
- Net Worth 81.92%
- Total Assets 39.51%
About Finnovate Financial Services
Finnovate Financial Services Private Limited (FFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 July 2007 and has a history of 17 years and nine months. Its registered office is in Mumbai, Maharashtra, 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 1.50 Cr and a paid-up capital of Rs 1.15 Cr.
The company currently has active open charges totaling ₹0.85 M.
Naveen Singh and Nehal Mota serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67190MH2007PTC172272
- Company No.
172272
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jul 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Finnovate Financial Services Private Limited
Explore comprehensive data for Finnovate Financial Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Finnovate Financial Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naveen Singh  | Director | 12-Jul-2007 | Current |
| Nehal Mota | Director | 12-Jul-2007 | Current |
Financial Performance of Finnovate Financial Services.
Finnovate Financial Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 53.97% increase. The company also saw a substantial improvement in profitability, with a 110.85% increase in profit. The company's net worth Soared by an impressive increase of 81.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Finnovate Financial Services?
In 2021, Finnovate Financial Services had a promoter holding of 70.00% and a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0.09 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2023 | Hdfc Bank Limited | ₹0.85 M | Open |
How Many Employees Work at Finnovate Financial Services?
Unlock and access historical data on people associated with Finnovate Financial Services, 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 Finnovate Financial Services, 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 Finnovate Financial Services'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 Finnovate Financial Services
Recent activity within the organization
- Annual General Meeting
Finnovate Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Finnovate Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100669104 was registered on 03 Jan 2023.
- Director Appointment
Naveen Singh was appointed as a Director was appointed as a Director on 12 Jul 2007 & has been associated with this company since 17 years 9 months .
- Director Appointment
Nehal Pravin Mota was appointed as a Director was appointed as a Director on 12 Jul 2007 & has been associated with this company since 17 years 9 months .
- Company Incorporation
Finnovate Financial Services Private Limited was registered on 12 Jul 2007 with Roc Mumbai & aged 17 years 9 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Finnovate Financial Services Private Limited?
Finnovate Financial Services Private Limited was incorporated on 12 Jul 2007.
What is authorized share capital and paid-up capital of Finnovate Financial Services Private Limited?
The authorized share capital of Finnovate Financial Services Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.15 Cr.
Who are the current board members & directors of Finnovate Financial Services Private Limited?
Currently 2 directors are associated with Finnovate Financial Services Private Limited.
- Naveen Singh
- Nehal Pravin Mota
What is the registered address of Finnovate Financial Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Finnovate Financial Services Private Limited is Unit No.703 The Summit Business Park Premises Csl Off. Andheri Kurla Road Prakshwadi, And Heri East India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Finnovate Financial Services Private Limited?
The corporate identification number (CIN) of Finnovate Financial Services Private Limited is U67190MH2007PTC172272 and the company number is 172272 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finnovate Financial Services Private Limited?
The Official website of Finnovate Financial Services Private Limited is https://www.finnovate.in
What has been the recent revenue trend for Finnovate Financial Services Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Finnovate Financial Services Private Limited has risen by 53.97%.
What change has been observed in the net worth of Finnovate Financial Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Finnovate Financial Services Private Limited has experienced an upsurge of 81.92%.
What are the total open charges for Finnovate Financial Services Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Finnovate Financial Services Private Limited amount to ₹ 0.85 M.
When was the last Balance Sheet of Finnovate Financial Services Private Limited filed with the ROC?
The most recent Balance Sheet for Finnovate Financial Services Private Limited was filed with the ROC on 31 Mar 2024.
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