Finreach Solutions Private Limited

Provides consultancy and facilitation services for credit enhancement and protection to various entities.

2020 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 08, 2024

Finreach Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.93 M
  • Company Age 4 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -75.99%
  • Profit Growth -167.84%
  • Ebitda -162.27%
  • Net Worth -84.38%
  • Total Assets -28.72%

About Finreach Solutions

Finreach Solutions Private Limited (FSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 December 2020 (Four years and one month 16 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing 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 1.00 Cr and a paid-up capital of Rs 4.93 M, as per Ministry of Corporate Affairs (MCA) records.

Suvalaxmi Chakraborty, Badri Bahukutumbi, Viswanatha Subbaraman, and Four other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2020PTC140106

  • Company No.

    140106

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 2020

  • Date of AGM

    19 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

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

Executive Team (1)

Name Designation Appointment Date Status
Suvalaxmi Chakraborty Country flag representing In Managing Director 12-Apr-2021 Current

Board Members (6)

Name Designation Appointment Date Status
Samir Shah Country flag representing Sg Nominee Director 15-Dec-2020 Current
Geeta Goel Country flag representing In Nominee Director 29-Nov-2021 Current
Badri Bahukutumbi Country flag representing In Nominee Director 29-Nov-2021 Current
Viswanatha Subbaraman Country flag representing In Nominee Director 29-Nov-2021 Current
Prakash Kandpal Country flag representing In Director 11-Sep-2024 Current
Ashish Mehrotra Country flag representing In Nominee Director 12-Sep-2022 Current

Financial Performance of Finreach Solutions.

Finreach Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 75.99% decrease. The company also saw a substantial fall in profitability, with a 167.84% decrease in profit. The company's net worth observed a substantial decline by a decrease of 84.38%.

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
-75.99%
Revenue from Operations
-85.79%
Total Assets
-28.72%
Profit or Loss
-167.84%
Net Worth
-84.38%
EBITDA
-162.27%

What is the Ownership and Shareholding Structure of Finreach Solutions?

In 2023, Finreach Solutions had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Finreach Solutions?

Finreach Solutions has a workforce of 11 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 Finreach 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 Finreach 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 Finreach Solutions

Recent activity within the organization

  • Director Appointment

    Prakash Chandra Kandpal was appointed as a Director was appointed as a Director on 11 Sep 2024 & has been associated with this company since 4 months 22 days .

    11 Sep 2024

  • Annual General Meeting

    Finreach Solutions Private Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.

    19 Jul 2024

  • Balance Sheet

    Finreach Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Ashish Mehrotra was appointed as a Nominee Director was appointed as a Nominee Director on 12 Sep 2022 & has been associated with this company since 2 years 4 months .

    12 Sep 2022

  • Director Appointment

    Badri Pillapakkam Bahukutumbi was appointed as a Nominee Director was appointed as a Nominee Director on 29 Nov 2021 & has been associated with this company since 3 years 2 months .

    29 Nov 2021

  • Director Appointment

    Viswanatha Prasad Subbaraman was appointed as a Nominee Director was appointed as a Nominee Director on 29 Nov 2021 & has been associated with this company since 3 years 2 months .

    29 Nov 2021

Frequently asked questions

  • Finreach Solutions Private Limited was incorporated on 15 Dec 2020.

  • The authorized share capital of Finreach Solutions Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.93 M.

  • Currently 7 directors are associated with Finreach Solutions Private Limited.

    • Suvalaxmi Chakraborty
    • Badri Pillapakkam Bahukutumbi
    • Viswanatha Prasad Subbaraman
    • Samir Amrit Shah
    • Geeta Dutta Goel
    • Prakash Chandra Kandpal
    • Ashish Mehrotra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finreach Solutions Private Limited is A1 10Th Floor Iitm Research Park Kanagam Village Taramani, India, Chennai, Tamil Nadu, 600113.

  • The corporate identification number (CIN) of Finreach Solutions Private Limited is U74999TN2020PTC140106 and the company number is 140106 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Finreach Solutions Private Limited is https://www.dvara.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Finreach Solutions Private Limited has fallen by -75.99%.

  • As Per 2023 financial reports, 11 employees are currently employed by Finreach Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Finreach Solutions Private Limited has experienced an downturn of -84.38%.

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

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