Finsave Technologies Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 4 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.48 Cr
- Revenue Growth 90.88%
- Profit Growth -64.89%
- Ebitda -43.37%
- Net Worth -14.95%
- Total Assets 46.99%
About Finsave Technologies
Finsave Technologies Private Limited (FTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 August 2020 (Four years and seven months 23 days old ). Its registered office is in Hyderabad, Telangana, 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 5.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹2.48 Cr.
Veerapraveen Reddy and Ravindranath Kamma serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- 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
Financial Services
Information Technology
Who are the key members and board of directors at Finsave Technologies?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Veerapraveen Reddy  | Director | 07-Aug-2020 | Current |
| Ravindranath Kamma | Director | 23-Jan-2021 | Current |
Financial Performance 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
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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 LimitedVeerapraveen Reddy and Ravindranath Kamma are mutual person
Bilva Chits Private LimitedVeerapraveen Reddy and Ravindranath Kamma are mutual person
Charges (Loans)
Open Charges
₹2.48 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 2.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2023 | Others | ₹2.48 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
Gain comprehensive insights into the Deals and Valuation data of Finsave Technologies, 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 Finsave Technologies'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 Finsave Technologies
Recent activity within the organization
- Charges
A charge with Others of Rs. 2.48 Cr registered on 12 Apr 2023 with Charge ID 100722800 was modified on 07 Dec 2023.
- Annual General Meeting
Finsave Technologies 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. 2.48 Cr with Charge ID 100722800 was registered on 12 Apr 2023.
- Balance Sheet
Finsave Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Director Appointment
Ravindranath Kamma was appointed as a Director was appointed as a Director on 23 Jan 2021 & has been associated with this company since 4 years 2 months .
- Director Appointment
Veerapraveen Basireddy Reddy was appointed as a Director was appointed as a Director on 07 Aug 2020 & has been associated with this company since 4 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Finsave Technologies Private Limited?
Finsave Technologies Private Limited was incorporated on 07 Aug 2020.
What is authorized share capital and paid-up capital of Finsave Technologies Private Limited?
The authorized share capital of Finsave Technologies Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.
Who are the current board members & directors of Finsave Technologies Private Limited?
Currently 2 directors are associated with Finsave Technologies Private Limited.
- Veerapraveen Basireddy Reddy
- Ravindranath Kamma
What is the registered address of Finsave Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Finsave Technologies Private Limited is Plot No. 302 Solitaire Residency Apts Majidbanda Serilingampally, India, Kondapur, Telangana, 500084.
What is the corporate identification number (CIN) and company number of Finsave Technologies Private Limited?
The corporate identification number (CIN) of Finsave Technologies Private Limited is U72900TG2020PTC142599 and the company number is 142599 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finsave Technologies Private Limited?
The Official website of Finsave Technologies Private Limited is https://www.mypaisaa.com
What has been the recent revenue trend for Finsave Technologies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Finsave Technologies Private Limited has risen by 90.88%.
How many employees does Finsave Technologies Private Limited currently have?
As Per 2023 financial reports, 92 employees are currently employed by Finsave Technologies Private Limited.
What change has been observed in the net worth of Finsave Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Finsave Technologies Private Limited has experienced an downturn of -14.95%.
What are the total open charges for Finsave Technologies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Finsave Technologies Private Limited amount to ₹ 2.48 Cr.
When was the last Balance Sheet of Finsave Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Finsave Technologies Private Limited was filed with the ROC on 31 Mar 2023.
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