Finonyx Software Solutions Private Limited

Provides consulting, development, testing, and support for financial institutions using Oracle products.

2010 | Bangalore, Karnataka (India) | Active
Last Updated: January 20, 2025

Finonyx Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.90 Cr
  • Revenue Growth 22.19%
  • Profit Growth 0.92%
  • Ebitda -248.68%
  • Net Worth 15.12%
  • Total Assets -20.63%

About Finonyx Software Solutions

Finonyx Software Solutions Private Limited (FSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 August 2010 and has a history of 14 years and six months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.90 Cr.

Nalamalapu Reddy and Nalamalapu Reddy serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    finonyx.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2010PTC054713

  • Company No.

    054713

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Finonyx Software Solutions Private Limited offer?

Finonyx Software Solutions Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service, IT, Networking & Automation Solution, IT Solutions.

Who are the key members and board of directors at Finonyx Software Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Nalamalapu Reddy Country flag representing In Managing Director28-Mar-2019Current

Board Members (1)

NameDesignationAppointment DateStatus
Nalamalapu Reddy Country flag representing In Director 04-May-2022Current

Financial Performance of Finonyx Software Solutions.

Finonyx Software Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.19% increase. The company also saw a slight improvement in profitability, with a 0.92% increase in profit. The company's net worth Soared by an impressive increase of 15.12%.

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
22.19%
Revenue from Operations
17.00%
Total Assets
-20.63%
Profit or Loss
0.92%
Net Worth
15.12%
EBITDA
-248.68%

What is the Ownership and Shareholding Structure of Finonyx Software Solutions?

In 2023, Finonyx Software Solutions had a promoter holding of 10.00% and a public holding of 90.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.90 Cr

Latest Charge Details

DateLenderAmountStatus
06 Apr 2023Others₹4.90 CrOpen

How Many Employees Work at Finonyx Software Solutions?

Finonyx Software Solutions has a workforce of 134 employees as of Mar 21, 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 Finonyx Software 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 Finonyx Software Solutions'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 Finonyx Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Finonyx Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 49.00 M registered on 06 Apr 2023 with Charge ID 100703646 was modified on 03 Jul 2023.

    03 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 49.00 M with Charge ID 100703646 was registered on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Finonyx Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Nalamalapu Yashwanth Reddy was appointed as a Director was appointed as a Director on 04 May 2022 & has been associated with this company since 2 years 9 months .

    04 May 2022

  • Director Appointment

    Nalamalapu Venkatasubba Reddy was appointed as a Managing Director was appointed as a Managing Director on 28 Mar 2019 & has been associated with this company since 5 years 10 months .

    28 Mar 2019

Frequently asked questions

  • Finonyx Software Solutions Private Limited was incorporated on 09 Aug 2010.

  • The authorized share capital of Finonyx Software Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Finonyx Software Solutions Private Limited.

    • Nalamalapu Venkatasubba Reddy
    • Nalamalapu Yashwanth Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finonyx Software Solutions Private Limited is No 77 2Nd Floor 3 Rd Cross Residency Road, India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Finonyx Software Solutions Private Limited is U72200KA2010PTC054713 and the company number is 054713 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Finonyx Software Solutions Private Limited is https://www.finonyx.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Finonyx Software Solutions Private Limited has risen by 22.19%.

  • As Per 2023 financial reports, 134 employees are currently employed by Finonyx Software Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Finonyx Software Solutions Private Limited has experienced an upsurge of 15.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Finonyx Software Solutions Private Limited amount to ₹ 4.90 Cr.

  • The most recent Balance Sheet for Finonyx Software Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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