Friendloan Technologies Private Limited

Online portal for banking services and financial consultancy, established in 2017 in Chennai.

2017 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 14, 2024

Friendloan Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 8 Year, 22 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.56 M
  • Revenue Growth 234.73%
  • Profit Growth -92.27%
  • Ebitda -118.40%
  • Net Worth 345.21%
  • Total Assets 258.19%

About Friendloan Technologies

Friendloan Technologies Private Limited (FTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 10 January 2017 (Eight years 22 days old ). Its registered office is in Chennai, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹3.56 M.

Vijayakumar Vaidhyanathan, Sambhav Kundalia, Vaidiyanathan Akila, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2017PTC114087

  • Company No.

    114087

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 2017

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Friendloan Technologies?

Board Members (5)

Name Designation Appointment Date Status
Vijayakumar Vaidhyanathan Country flag representing In Director 10-Jan-2017 Current
Sambhav Kundalia Country flag representing In Director 15-Sep-2023 Current
Vaidiyanathan Akila Country flag representing In Director 15-Sep-2023 Current
Rajesh Parasuraman Country flag representing In Director 07-Jun-2024 Current
Pradeep Thangaraj Country flag representing In Director 15-Sep-2023 Current

Financial Performance of Friendloan Technologies.

Friendloan Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 234.73% increase. The company also saw a substantial fall in profitability, with a 92.27% decrease in profit. The company's net worth Soared by an impressive increase of 345.21%.

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
234.73%
Revenue from Operations
234.33%
Total Assets
258.19%
Profit or Loss
-92.27%
Net Worth
345.21%
EBITDA
-118.40%

What is the Ownership and Shareholding Structure of Friendloan Technologies?

In 2023, Friendloan Technologies had a promoter holding of 74.35% and a public holding of 25.65%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.56 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.36 Cr

Latest Charge Details

Date Lender Amount Status
02 Mar 2023 Hdfc Bank Limited ₹3.56 M Open

How Many Employees Work at Friendloan Technologies?

Unlock and access historical data on people associated with Friendloan Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Friendloan 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 Friendloan Technologies'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 Friendloan Technologies

Recent activity within the organization

  • Annual General Meeting

    Friendloan Technologies Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Rajesh Parasuraman was appointed as a Director was appointed as a Director on 07 Jun 2024 & has been associated with this company since 7 months 27 days .

    07 Jun 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Sambhav Kundalia was appointed as a Director was appointed as a Director on 15 Sep 2023 & has been associated with this company since 1 year 4 months .

    15 Sep 2023

  • Director Appointment

    Vaidiyanathan Akila was appointed as a Director was appointed as a Director on 15 Sep 2023 & has been associated with this company since 1 year 4 months .

    15 Sep 2023

  • Director Appointment

    Pradeep Erode Thangaraj was appointed as a Director was appointed as a Director on 15 Sep 2023 & has been associated with this company since 1 year 4 months .

    15 Sep 2023

Frequently asked questions

  • Friendloan Technologies Private Limited was incorporated on 10 Jan 2017.

  • The authorized share capital of Friendloan Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 5 directors are associated with Friendloan Technologies Private Limited.

    • Vijayakumar Vaidhyanathan
    • Sambhav Kundalia
    • Vaidiyanathan Akila
    • Rajesh Parasuraman
    • Pradeep Erode Thangaraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Friendloan Technologies Private Limited is Bascon Futura Sv It Park 12Th Floor Venkatanarayana Road Parthasarathi Pura M, T.Nagar India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Friendloan Technologies Private Limited is U74999TN2017PTC114087 and the company number is 114087 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Friendloan Technologies Private Limited is https://www.friendloan.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Friendloan Technologies Private Limited has risen by 234.73%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Friendloan Technologies Private Limited has experienced an upsurge of 345.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Friendloan Technologies Private Limited amount to ₹ 3.56 M.

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

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