Finova Capital Profile
Key Indicators
- Authorised Capital ₹ 155.10 Cr
- Paid Up Capital ₹ 144.42 Cr
- Company Age 9 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,802.15 Cr
- Satisfied Charges ₹ 865.19 Cr
- Revenue Growth 59.29%
- Profit Growth 71.44%
- Ebitda 73.17%
- Net Worth 15.19%
- Total Assets 50.66%
About Finova Capital
Finova Capital Private Limited (FCPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 September 2015 (Nine years and five months 10 days old ). Its registered office is in Jaipur, Rajasthan, 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 155.10 Cr and a paid-up capital of Rs 144.42 Cr.
The company currently has active open charges totaling ₹2,802.15 Cr. The company has closed loans amounting to ₹865.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Finova Capital Private Limited India are Mohit Sahney as Ceo, Ravi Sharma as Cfo, and Jaikishan Premani as Company Secretary. Arjun Ratnoo, Sunita Sahney, Ravi Agraharam, and Four other members serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U65993RJ2015PTC048340
- Company No.
048340
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Sep 2015
- Date of AGM
15 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Financial Services
Who are the key members and board of directors at Finova Capital?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohit Sahney  | Managing Director | 24-Sep-2015 | Current |
| Ravi Sharma | CFO | 19-Feb-2021 | Current |
| Jaikishan Premani | Company Secretary | 12-Nov-2021 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunita Sahney | Whole-Time Director | 24-Sep-2015 | Current |
| Sathyan David | Director | 30-Mar-2023 | Current |
| Ishaan Mittal | Nominee Director | 11-Apr-2018 | Current |
| Arjun Ratnoo | Director | 24-Nov-2018 | Current |
| Ravi Agraharam | Nominee Director | 11-Apr-2018 | Current |
| Aditya Parekh | Nominee Director | 26-Mar-2019 | Current |
Financial Performance of Finova Capital.
Finova Capital Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 59.29% increase. The company also saw a substantial improvement in profitability, with a 71.44% increase in profit. The company's net worth Soared by an impressive increase of 15.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Finova Capital?
In 2024, Finova Capital had a promoter holding of 49.25% and a public holding of 50.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Wheelsemi Private LimitedAditya Parekh is a mutual person
Faering Capital Advisors LlpAditya Parekh is a mutual person
- Faering Capital Private Limited
Aditya Parekh is a mutual person
Rebel Foods Private LimitedRavi Agraharam is a mutual person
K12 Techno Services Private LimitedRavi Agraharam is a mutual person
Netzero Finance Private LimitedSathyan David is a mutual person
Charges (Loans)
Open Charges
₹2,802.15 Cr
Satisfied Charges
₹865.19 Cr
Charges Breakdown by Lending Institutions
- Others : 1996.90 Cr
- Hdfc Bank Limited : 261.25 Cr
- Yes Bank Limited : 145.00 Cr
- State Bank Of India : 113.00 Cr
- Axis Bank Limited : 51.00 Cr
- Others : 235.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2024 | Others | ₹60.00 Cr | Open |
| 30 Sep 2024 | Others | ₹15.00 Cr | Open |
| 27 Sep 2024 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 26 Sep 2024 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 24 Sep 2024 | Bank Of India | ₹25.00 Cr | Open |
How Many Employees Work at Finova Capital?
Finova Capital has a workforce of 4175 employees as of Jan 03, 2025. 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 Finova Capital, 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 Finova Capital'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 Finova Capital
Recent activity within the organization
- Charges
A charge registered on 28 Nov 2018 via Charge ID 100218021 with Others was fully satisfied on 16 Dec 2024.
- Charges
A charge registered on 23 Nov 2020 via Charge ID 100392822 with Others was fully satisfied on 03 Dec 2024.
- Charges
A charge registered on 17 Nov 2020 via Charge ID 100386563 with Others was fully satisfied on 11 Nov 2024.
- Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 101000870 was registered on 07 Nov 2024.
- Charges
A charge with Others of Rs. 25.00 Cr registered on 17 Nov 2020 with Charge ID 100386563 was modified on 07 Oct 2024.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100993332 was registered on 30 Sep 2024.
Recent News, Updates & Announcement
- NBFC lending company Finova Capital secures $6M funding from Sequoia India.
The lender Finova Capital will utilise the funds raised for expanding operations, investment in technology and talent acquisition..
Frequently asked questions
What is the Incorporation or founding date of Finova Capital Private Limited?
Finova Capital Private Limited was incorporated on 24 Sep 2015.
What is authorized share capital and paid-up capital of Finova Capital Private Limited?
The authorized share capital of Finova Capital Private Limited is ₹ 155.10 Cr and paid-up capital is ₹ 144.42 Cr.
Who are the current board members & directors of Finova Capital Private Limited?
Currently 10 directors are associated with Finova Capital Private Limited.
- Arjun Dan Ratnoo
- Sunita Sahney
- Ravi Shankar Venkataraman Ganapathy Agraharam
- Aditya Deepak Parekh
- Mohit Sahney
- Sathyan David
- Mohit Sahney
- Ravi Sharma
- Jaikishan Premani
- Ishaan Mittal
What is the registered address of Finova Capital Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Finova Capital Private Limited is 702 Seventh Floor Unique Aspire Plot No. 13-14 Cosmo Colony Amrapali Marg Vaishali N Agar, India, Jaipur, Rajasthan, 302021.
What is the corporate identification number (CIN) and company number of Finova Capital Private Limited?
The corporate identification number (CIN) of Finova Capital Private Limited is U65993RJ2015PTC048340 and the company number is 048340 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finova Capital Private Limited?
The Official website of Finova Capital Private Limited is https://www.finova.in
What has been the recent revenue trend for Finova Capital Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Finova Capital Private Limited has risen by 59.29%.
How many employees does Finova Capital Private Limited currently have?
As Per 2024 financial reports, 4175 employees are currently employed by Finova Capital Private Limited.
What change has been observed in the net worth of Finova Capital Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Finova Capital Private Limited has experienced an upsurge of 15.19%.
What are the total open charges for Finova Capital Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Finova Capital Private Limited amount to ₹ 2,802.15 Cr.
When was the last Balance Sheet of Finova Capital Private Limited filed with the ROC?
The most recent Balance Sheet for Finova Capital Private Limited was filed with the ROC on 31 Mar 2024.
Similar Companies Based on Investment & Credit NBFC
Tata Capital Limited Mumbai, Maharashtra, India
Shriram Finance Limited Chennai, Tamil Nadu, India
Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
Power Finance Corporation Limited New Delhi, India
Sbi Cards And Payment Services Limited Delhi, India
Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
Bajaj Finance Limited Pune, Maharashtra, India