Finsave Technologies Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 14-06-2024
- Paid Up Capital ₹ 3.00 Cr
as on 14-06-2024
- Company Age 4 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.00 Cr
as on 14-06-2024
- Revenue 90.88%
(FY 2023)
- Profit -64.89%
(FY 2023)
- Ebitda -50.37%
(FY 2023)
- Net Worth -14.95%
(FY 2023)
- Total Assets 46.99%
(FY 2023)
About Finsave Technologies
The Company is engaged in the Finance And Insurance 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 5.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹20.00 Cr.
Ravindranath Kamma and Veerapraveen Reddy serve as directors at the Company.
- CIN/LLPIN
U72900TG2020PTC142599
- Company No.
142599
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Aug 2020
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Kondapur, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
Who are the key members and board of directors at Finsave Technologies?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravindranath Kamma  | Director | 23-Jan-2021 | Current |
| Veerapraveen Reddy | Director | 07-Aug-2020 | Current |
Financial Performance and Corporate Structure Insights of Finsave Technologies.
Finsave Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 90.88% increase. The company also saw a substantial fall in profitability, with a 64.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Finsave Technologies?
In 2023, Finsave Technologies 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)
Ibg Echits India Private Limited
Active
5 years 11 months Ravindranath Kamma and Veerapraveen Reddy are mutual person
Bilva Chits Private Limited
Active 11 years 10 months Ravindranath Kamma and Veerapraveen Reddy are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 12 Apr 2023 | ₹20.00 Cr | Open |
How Many Employees Work at Finsave Technologies?
Finsave Technologies has a workforce of 92 employees as of Apr 04, 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
As of Dec 05, 2023, Finsave Technologies has raised a total of ₹ 20.4 Cr, with the most recent deal valued at ₹ 14.72 K. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
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.
