Finova Capital Private Limited

Provides MSME and home loans through a network of 104 branches in Rajasthan and Madhya Pradesh.

2015 | Jaipur, Rajasthan (India) | Active
Last Updated: January 03, 2025

Finova Capital Profile

Key Indicators

  • Authorised Capital ₹ 155.10 Cr
  • Paid Up Capital ₹ 144.42 Cr
  • Company Age 9 Year, 4 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 four months 9 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)

NameDesignationAppointment DateStatus
Mohit Sahney Country flag representing In Managing Director24-Sep-2015Current
Ravi Sharma CFO19-Feb-2021Current
Jaikishan Premani Company Secretary12-Nov-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Sunita Sahney Country flag representing In Whole-Time Director 24-Sep-2015Current
Sathyan David Country flag representing In Director 30-Mar-2023Current
Ishaan Mittal Country flag representing In Nominee Director 11-Apr-2018Current
Arjun Ratnoo Country flag representing In Director 24-Nov-2018Current
Ravi Agraharam Country flag representing In Nominee Director 11-Apr-2018Current
Aditya Parekh Country flag representing In Nominee Director 26-Mar-2019Current

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%.

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
59.29%
Revenue from Operations
59.20%
Total Assets
50.66%
Profit or Loss
71.44%
Net Worth
15.19%
EBITDA
73.17%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
07 Nov 2024Others₹60.00 CrOpen
30 Sep 2024Others₹15.00 CrOpen
27 Sep 2024Hdfc Bank Limited₹20.00 CrOpen
26 Sep 2024Hdfc Bank Limited₹20.00 CrOpen
24 Sep 2024Bank Of India₹25.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    16 Dec 2024

  • Charges

    A charge registered on 23 Nov 2020 via Charge ID 100392822 with Others was fully satisfied on 03 Dec 2024.

    03 Dec 2024

  • Charges

    A charge registered on 17 Nov 2020 via Charge ID 100386563 with Others was fully satisfied on 11 Nov 2024.

    11 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 60.00 Cr with Charge ID 101000870 was registered on 07 Nov 2024.

    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.

    07 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100993332 was registered on 30 Sep 2024.

    30 Sep 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Finova Capital Private Limited was incorporated on 24 Sep 2015.

  • The authorized share capital of Finova Capital Private Limited is ₹ 155.10 Cr and paid-up capital is ₹ 144.42 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Finova Capital Private Limited is https://www.finova.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Finova Capital Private Limited has risen by 59.29%.

  • As Per 2024 financial reports, 4175 employees are currently employed by Finova Capital Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Finova Capital Private Limited amount to ₹ 2,802.15 Cr.

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

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