Fino Paytech Profile
Key Indicators
- Authorised Capital ₹ 170.00 Cr
- Paid Up Capital ₹ 127.58 Cr
- Company Age 18 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.86 M
- Satisfied Charges ₹ 270.21 Cr
- Revenue Growth 3667.63%
- Profit Growth 3364.80%
- Ebitda -1376.01%
- Net Worth 105.96%
- Total Assets 83.50%
About Fino Paytech
Fino Paytech Limited (FPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 June 2006 and has a history of 18 years and nine months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Financial Information Network And Operations 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 2024. It's a company limited by shares with an authorized capital of Rs 170.00 Cr and a paid-up capital of Rs 127.58 Cr.
The company currently has active open charges totaling ₹1.86 M. The company has closed loans amounting to ₹270.21 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fino Paytech Limited India is Suraj Gujja as COMPANY SECRETARY. Ashok Kini, Amit Jain, Manoj Heda, and Three other members 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
U72900MH2006PLC162656
- Company No.
162656
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Jun 2006
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does Fino Paytech Limited offer?
Fino Paytech Limited offers a wide range of products and services, including Software Development Services, Customized Software Solution, IT Solutions, Business Consultant, Corporate Finance & Leasing Advisors, Financial Service, Finance Consultant, Computer Repair & Maintenance Services, Computer Hardware Services.
Who are the key members and board of directors at Fino Paytech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suraj Gujja  | Company Secretary | 10-Jul-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeev Deoras | Director | 25-Nov-2022 | Current |
| Ashok Kini | Director | 20-Aug-2020 | Current |
| Amit Jain | Whole-Time Director | 25-Nov-2022 | Current |
| Manoj Heda | Nominee Director | 22-Nov-2022 | Current |
| Apurva Joshi | Director | 25-Nov-2022 | Current |
| Prateek Roongta | Nominee Director | 28-Oct-2022 | Current |
Financial Performance of Fino Paytech.
Fino Paytech Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 3667.63% increase. The company also saw a substantial improvement in profitability, with a 3364.8% increase in profit. The company's net worth Soared by an impressive increase of 105.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fino Paytech?
In 2022, Fino Paytech had a public holding of 100.00%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹0.19 Cr
Satisfied Charges
₹270.21 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 0.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2019 | Yes Bank Limited | ₹1.86 M | Open |
| 17 Apr 2021 | State Bank Of India | ₹47.50 Cr | Satisfied |
| 20 Nov 2018 | Yes Bank Limited | ₹1.50 M | Satisfied |
| 16 Oct 2018 | Yes Bank Limited | ₹3.86 M | Satisfied |
| 06 Oct 2018 | Yes Bank Limited | ₹2.00 M | Satisfied |
How Many Employees Work at Fino Paytech?
Fino Paytech has a workforce of 19 employees as of Apr 07, 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 Fino Paytech, 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 Paytech'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 Fino Paytech
Recent activity within the organization
- Annual General Meeting
Fino Paytech Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 20 Nov 2018 via Charge ID 100242131 with Yes Bank Limited was fully satisfied on 04 Jun 2024.
- Charges
A charge registered on 16 Oct 2018 via Charge ID 100242127 with Yes Bank Limited was fully satisfied on 04 Jun 2024.
- Charges
A charge registered on 06 Oct 2018 via Charge ID 100242139 with Yes Bank Limited was fully satisfied on 04 Jun 2024.
- Charges
A charge registered on 07 Sep 2018 via Charge ID 100242130 with Yes Bank Limited was fully satisfied on 04 Jun 2024.
- Charges
A charge registered on 17 Sep 2007 via Charge ID 10073170 with Yes Bank Limited was fully satisfied on 22 May 2024.
Recent News, Updates & Announcement
- RBI lifts ban on Fino Payments Bank to open new accounts | Mint.
Fino Payments Bank had been unable to enrol new customers since the end of May after RBI found the bank to be non-compliant with its operational guidelines.
- Fino Paytech in talks with Temasek, Credit Saison to sell stake | Mint.
Fino mandated Credit Suisse to manage the deal and non-binding offers may be placed in the next few weeks.
Frequently asked questions
What is the Incorporation or founding date of Fino Paytech Limited?
Fino Paytech Limited was incorporated on 15 Jun 2006.
What is authorized share capital and paid-up capital of Fino Paytech Limited?
The authorized share capital of Fino Paytech Limited is ₹ 170.00 Cr and paid-up capital is ₹ 127.58 Cr.
Who are the current board members & directors of Fino Paytech Limited?
Currently 7 directors are associated with Fino Paytech Limited.
- Ashok Kasaragod Kini
- Amit Kumar Jain
- Suraj Rajendra Gujja
- Manoj Heda
- Apurva Pradeep Joshi
- Rajeev Deoras
- Prateek Roongta
What is the registered address of Fino Paytech Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fino Paytech Limited is Mindspace Juinagar 9Th Floor Plot No. Gen 2/1/F Tower 1 Ttc Industrial Area Midc Shirwan E, Juinagar India, Navi Mumbai, Maharashtra, 400706.
What is the corporate identification number (CIN) and company number of Fino Paytech Limited?
The corporate identification number (CIN) of Fino Paytech Limited is U72900MH2006PLC162656 and the company number is 162656 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fino Paytech Limited?
The Official website of Fino Paytech Limited is https://www.finopaytech.com
What has been the recent revenue trend for Fino Paytech Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Fino Paytech Limited has risen by 3667.63%.
How many employees does Fino Paytech Limited currently have?
As Per 2022 financial reports, 19 employees are currently employed by Fino Paytech Limited.
What change has been observed in the net worth of Fino Paytech Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Fino Paytech Limited has experienced an upsurge of 105.96%.
What are the total open charges for Fino Paytech Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Fino Paytech Limited amount to ₹ 1.86 M.
When was the last Balance Sheet of Fino Paytech Limited filed with the ROC?
The most recent Balance Sheet for Fino Paytech Limited was filed with the ROC on 31 Mar 2024.
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