Finreach Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 4.93 M
- Company Age 4 Year, 3 Months
- 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 three months 29 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
Finreach Solutions Private Limited
Explore comprehensive data for Finreach Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Finreach Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suvalaxmi Chakraborty  | Managing Director | 12-Apr-2021 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samir Shah  | Nominee Director | 15-Dec-2020 | Current |
| Geeta Goel | Nominee Director | 29-Nov-2021 | Current |
| Badri Bahukutumbi | Nominee Director | 29-Nov-2021 | Current |
| Viswanatha Subbaraman | Nominee Director | 29-Nov-2021 | Current |
| Prakash Kandpal | Director | 11-Sep-2024 | Current |
| Ashish Mehrotra | 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%.
- 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 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.
Related Corporates (Common Directorship)
Earlysalary Services Private LimitedPrakash Kandpal is a mutual person
Espandere Advisors Private LimitedSuvalaxmi Chakraborty is a mutual person
Dvara Health Finance Private LimitedSamir Shah is a mutual person
- Dvara Research Foundation
Samir Shah is a mutual person
- Dvara E-Dairy Solutions Private Limited
Samir Shah is a mutual person
- Dvara Holdings
Samir Shah is a mutual person
Charges (Loans)
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.
Deals i
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
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 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 7 months 2 days .
- Annual General Meeting
Finreach Solutions Private Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.
- Balance Sheet
Finreach Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- 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 7 months .
- 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 4 months .
- 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 4 months .
Frequently asked questions
What is the Incorporation or founding date of Finreach Solutions Private Limited?
Finreach Solutions Private Limited was incorporated on 15 Dec 2020.
What is authorized share capital and paid-up capital of Finreach Solutions Private Limited?
The authorized share capital of Finreach Solutions Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.93 M.
Who are the current board members & directors of Finreach Solutions Private Limited?
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
What is the registered address of Finreach Solutions Private Limited?
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.
What is the corporate identification number (CIN) and company number of Finreach Solutions Private Limited?
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).
What is the official website of Finreach Solutions Private Limited?
The Official website of Finreach Solutions Private Limited is https://www.dvara.com
What has been the recent revenue trend for Finreach Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Finreach Solutions Private Limited has fallen by -75.99%.
How many employees does Finreach Solutions Private Limited currently have?
As Per 2023 financial reports, 11 employees are currently employed by Finreach Solutions Private Limited.
What change has been observed in the net worth of Finreach Solutions Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Finreach Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Finreach Solutions Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
VV
Vijayaraghavan VenkatesanDirector
Similar Companies Based on Business & IT Consulting
Kpmg Global Services Private Limited Gurugram, Haryana, India
Pricewaterhousecoopers Private Limited 24 Parganas, West Bengal, India
Shriram Investment Holdings Private Limited Chennai, Tamil Nadu, India
Deloitte Consulting India Private Limited Rangareddy, Telangana, India
Taurrus Finsec Private Limited Mumbai, Maharashtra, India
The Boston Consulting Group (India) Private Limited Mumbai, Maharashtra, India
Mckinsey & Company India Llp South Delhi, Delhi, India
Innovsource Services Private Limited Mumbai, Maharashtra, India