Finone Technologies Private Limited

Technology company providing AI and IoT-powered digital solutions for finance and financial literacy.

2020 | Bangaluru, Karnataka (India) | Under Liquidation
Last Updated: December 11, 2024

Finone Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.49 Cr
  • Paid Up Capital ₹ 2.61 M
  • Company Age 4 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.50 Cr
  • Revenue Growth -43.64%
  • Profit Growth 6.49%
  • Ebitda 12.38%
  • Net Worth -22.25%
  • Total Assets -38.22%

About Finone Technologies

Finone Technologies Private Limited (FTPL) is Under Liquidation company established on 28 Nov 2020 with its office registered at Bangaluru, Karnataka, India and has been running since 4 Year, 2 Months with a paid up capital of 2.61 M. According to MCA records, 2 Directors are linked to this company as of 11 Dec 2024.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2020PTC141622

  • Company No.

    141622

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 2020

  • Date of AGM

    29 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Finone Technologies?

Board Members (2)

NameDesignationAppointment DateStatus
Mukund Rao Country flag representing In Director 28-Nov-2020Current
Vineet Gupta Country flag representing In Director 28-Nov-2020Current

Financial Performance of Finone Technologies.

Finone Technologies Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 43.64% decrease. The company also saw a slight improvement in profitability, with a 6.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 22.25%.

Graph illustrating revenue growth over time
Graph showing 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
-43.64%
Revenue from Operations
-50.08%
Total Assets
-38.22%
Profit or Loss
6.49%
Net Worth
-22.25%
EBITDA
12.38%

What is the Ownership and Shareholding Structure of Finone Technologies?

In 2024, Finone Technologies had a public holding of 17.54%. 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

₹3.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2022Others₹3.50 CrSatisfied

How Many Employees Work at Finone Technologies?

Finone Technologies has a workforce of 25 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finone 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 Finone Technologies'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 Finone Technologies

Recent activity within the organization

  • Annual General Meeting

    Finone Technologies Private Limited last Annual general meeting of members was held on 29 May 2024 as per latest MCA records.

    29 May 2024

  • Balance Sheet

    Finone Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 01 Mar 2022 via Charge ID 100555080 with Others was fully satisfied on 09 Aug 2023.

    09 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100555080 was registered on 01 Mar 2022.

    01 Mar 2022

  • Director Appointment

    Mukund Venkateshan Rao was appointed as a Director was appointed as a Director on 28 Nov 2020 & has been associated with this company since 4 years 2 months .

    28 Nov 2020

  • Director Appointment

    Vineet Kumar Gupta was appointed as a Director was appointed as a Director on 28 Nov 2020 & has been associated with this company since 4 years 2 months .

    28 Nov 2020

Frequently asked questions

  • Finone Technologies Private Limited was incorporated on 28 Nov 2020.

  • The authorized share capital of Finone Technologies Private Limited is ₹ 1.49 Cr and paid-up capital is ₹ 2.61 M.

  • Currently 2 directors are associated with Finone Technologies Private Limited.

    • Mukund Venkateshan Rao
    • Vineet Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finone Technologies Private Limited is Vriddhi 4Th Floor No. 558 9Th A Main Binnamangala 1St Stage, India, Bengaluru, Karnataka, 560038.

  • The corporate identification number (CIN) of Finone Technologies Private Limited is U72900KA2020PTC141622 and the company number is 141622 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Finone Technologies Private Limited is https://www.finone.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Finone Technologies Private Limited has fallen by -43.64%.

  • As Per 2024 financial reports, 25 employees are currently employed by Finone Technologies Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Finone Technologies Private Limited has experienced an downturn of -22.25%.

  • The most recent Balance Sheet for Finone Technologies Private Limited was filed with the ROC on 31 Mar 2024.