Fino Finance Private Limited

Microfinance company providing loans to women in rural and semi-urban areas through joint liability groups.

1994 | Thane, Maharashtra (India) | Active
Last Updated:

Fino Finance Profile

Key Indicators

  • Authorised Capital ₹ 53.50 Cr
  • Paid Up Capital ₹ 47.58 Cr
  • Company Age 31 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1,166.19 Cr
  • Revenue Growth -67.76%
  • Profit Growth 92.29%
  • Ebitda 95.69%
  • Net Worth -54.36%
  • Total Assets -47.28%

About Fino Finance

Fino Finance Private Limited (FFPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 March 1994 and has a history of 31 years. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Intrepid Finance And Leasing Pvt Ltd. 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 53.50 Cr and a paid-up capital of Rs 47.58 Cr.

The company has closed loans amounting to ₹1,166.19 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Fino Finance Private Limited India is Suraj Gujja as COMPANY SECRETARY. Ashok Kini, Amit Jain, and Srividya Venkataraman serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921MH1994PTC216496

  • Company No.

    216496

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Mar 1994

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Fino Finance Private Limited

Explore comprehensive data for Fino Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Suraj Gujja Country flag representing In Company SecretaryCurrent

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Kini Country flag representing In Director 08-Dec-2014Current
Amit Jain Country flag representing In Whole-Time Director 21-Jun-2023Current
Srividya Venkataraman Country flag representing In Nominee Director 21-Oct-2022Current

Financial Performance of Fino Finance.

Fino Finance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 67.76% decrease. The company also saw a substantial improvement in profitability, with a 92.29% increase in profit. The company's net worth observed a substantial decline by a decrease of 54.36%.

Fino Finance revenue growth over time
Fino Finance 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
-67.76%
Revenue from Operations
-67.70%
Total Assets
-47.28%
Profit or Loss
92.29%
Net Worth
-54.36%
EBITDA
95.69%

What is the Ownership and Shareholding Structure of Fino Finance?

In 2023, Fino 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

₹0

Satisfied Charges

₹1,166.19 Cr

Charges Breakdown by Lending Institutions

  • Others : 659.61 Cr
  • State Bank Of India : 86.34 Cr
  • Mas Financial Services Limited : 63.00 Cr
  • Ifmr Capital Finance Private Limited : 49.00 Cr
  • Gda Trusteeship Limited : 40.00 Cr
  • Others : 268.24 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2019The South Indian Bank Limited₹10.00 CrSatisfied
26 Sep 2019Canara Bank₹5.00 CrSatisfied
26 Jul 2019Others₹15.00 CrSatisfied
19 Mar 2019Others₹75.00 CrSatisfied
27 Dec 2018Others₹25.00 CrSatisfied

How Many Employees Work at Fino Finance?

Fino Finance has a workforce of 51 employees as of Mar 22, 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.

Employee growth trends for Fino Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fino 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 Fino 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 Fino Finance

Recent activity within the organization

  • Annual General Meeting

    Fino Finance Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

  • Director Appointment

    Amit Kumar Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Fino Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Srividya Venkataraman was appointed as a Nominee Director was appointed as a Nominee Director on 21 Oct 2022 & has been associated with this company since 2 years 5 months .

  • Charges

    A charge registered on 10 Mar 2017 via Charge ID 100087178 with State Bank Of India was fully satisfied on 24 Jun 2022.

  • Charges

    A charge registered on 22 Sep 2016 via Charge ID 100055163 with Others was fully satisfied on 05 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Fino Finance Private Limited?

    Fino Finance Private Limited was incorporated on 08 Mar 1994.

  • What is authorized share capital and paid-up capital of Fino Finance Private Limited?

    The authorized share capital of Fino Finance Private Limited is ₹ 53.50 Cr and paid-up capital is ₹ 47.58 Cr.

  • Who are the current board members & directors of Fino Finance Private Limited?

    Currently 4 directors are associated with Fino Finance Private Limited.

    • Ashok Kasaragod Kini
    • Amit Kumar Jain
    • Srividya Venkataraman
    • Suraj Rajendra Gujja

  • What is the registered address of Fino Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fino Finance Private Limited is Mindspace Juinagar 9Th Floor Plot No. Gen 2/1/F, Tower 1 Ttc Industrial Area Midc Shirwane Juinagar, Navi Mumbai, Maharashtra, India, 400706.

  • What is the corporate identification number (CIN) and company number of Fino Finance Private Limited?

    The corporate identification number (CIN) of Fino Finance Private Limited is U65921MH1994PTC216496 and the company number is 216496 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fino Finance Private Limited?

    The Official website of Fino Finance Private Limited is https://www.finofinance.in

  • What has been the recent revenue trend for Fino Finance Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Fino Finance Private Limited has fallen by -67.76%.

  • How many employees does Fino Finance Private Limited currently have?

    As Per 2023 financial reports, 51 employees are currently employed by Fino Finance Private Limited.

  • What change has been observed in the net worth of Fino Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Fino Finance Private Limited has experienced an downturn of -54.36%.

  • When was the last Balance Sheet of Fino Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Fino Finance Private Limited was filed with the ROC on 31 Mar 2023.

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