Finquest Financial Solutions Profile
Key Indicators
- Authorised Capital ₹ 42.00 Cr
- Paid Up Capital ₹ 31.90 Cr
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.00 Cr
- Revenue Growth -83.46%
- Profit Growth -269.12%
- Ebitda -118.73%
- Net Worth -20.25%
- Total Assets -24.20%
About Finquest Financial Solutions
Finquest Financial Solutions Private Limited (FFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 2004 and has a history of 20 years and nine months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 42.00 Cr and a paid-up capital of Rs 31.90 Cr.
The company currently has active open charges totaling ₹15.00 Cr.
The Key Managerial Personnel (KMP) at Finquest Financial Solutions Private Limited India is Chhaya Patel as COMPANY SECRETARY. B Murthy, Hardik Patel, Ruchit Patel, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140MH2004PTC146715
- Company No.
146715
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jun 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Finquest Financial Solutions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hardik Patel  | Managing Director | 25-Apr-2005 | Current |
| Chhaya Patel | Company Secretary | 07-May-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| B Murthy | Director | 29-Mar-2022 | Current |
| Ruchit Patel | Director | 19-Jan-2023 | Current |
| Dhiren Shevantilal | Director | 23-Jul-2020 | Current |
| Kalyani Sharma | Director | 07-Oct-2022 | Current |
Financial Performance of Finquest Financial Solutions.
Finquest Financial Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 83.46% decrease. The company also saw a substantial fall in profitability, with a 269.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Finquest Financial Solutions?
In 2022, Finquest Financial Solutions had a promoter holding of 99.82% and a public holding of 0.18%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Rubfila International LtdHardik Patel and Dhiren Shevantilal are mutual person
Charges (Loans)
Open Charges
₹15.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2023 | Others | ₹15.00 Cr | Open |
How Many Employees Work at Finquest Financial Solutions?
Unlock and access historical data on people associated with Finquest Financial Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Finquest Financial 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 Finquest Financial Solutions'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 Finquest Financial Solutions
Recent activity within the organization
- Director Appointment
Chhaya Piyush Patel was appointed as a Company Secretary was appointed as a Company Secretary on 07 May 2024 & has been associated with this company since 10 months 20 days .
- Annual General Meeting
Finquest Financial Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100730238 was registered on 22 May 2023.
- Balance Sheet
Finquest Financial Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Ruchit Bharat Patel was appointed as a Director was appointed as a Director on 19 Jan 2023 & has been associated with this company since 2 years 2 months .
- Director Appointment
Kalyani Sharma was appointed as a Director was appointed as a Director on 07 Oct 2022 & has been associated with this company since 2 years 5 months .
Recent News, Updates & Announcement
NCLT allows Finquest Financial Solutions to sell Reid & Taylor assets.When your crush says they like you back but then you find out they're actually dating someone else and you have to pretend to be happy for them: "When you thought you were gonna get the assets but then the court lets someone else take over and sell them for better value. #NotMyAssets #SadButHumble #BankruptcyCourt.
Frequently asked questions
What is the Incorporation or founding date of Finquest Financial Solutions Private Limited?
Finquest Financial Solutions Private Limited was incorporated on 03 Jun 2004.
What is authorized share capital and paid-up capital of Finquest Financial Solutions Private Limited?
The authorized share capital of Finquest Financial Solutions Private Limited is ₹ 42.00 Cr and paid-up capital is ₹ 31.90 Cr.
Who are the current board members & directors of Finquest Financial Solutions Private Limited?
Currently 6 directors are associated with Finquest Financial Solutions Private Limited.
- B S Parashiva Murthy
- Hardik Bharat Patel
- Ruchit Bharat Patel
- Dhiren Shah Shevantilal
- Kalyani Sharma
- Chhaya Piyush Patel
What is the registered address of Finquest Financial Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Finquest Financial Solutions Private Limited is 602 Boston House 6Th Floor Suren Road Andheri (E), India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Finquest Financial Solutions Private Limited?
The corporate identification number (CIN) of Finquest Financial Solutions Private Limited is U74140MH2004PTC146715 and the company number is 146715 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finquest Financial Solutions Private Limited?
The Official website of Finquest Financial Solutions Private Limited is https://www.finquestgroup.com
What has been the recent revenue trend for Finquest Financial Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Finquest Financial Solutions Private Limited has fallen by -83.46%.
What change has been observed in the net worth of Finquest Financial Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Finquest Financial Solutions Private Limited has experienced an downturn of -20.25%.
What are the total open charges for Finquest Financial Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Finquest Financial Solutions Private Limited amount to ₹ 15.00 Cr.
When was the last Balance Sheet of Finquest Financial Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Finquest Financial Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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