Ftcash Finance Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
- Paid Up Capital ₹ 6.35 Cr
- Company Age 5 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 43.50 Cr
- Revenue Growth 4032.84%
- Profit Growth 50.15%
- Ebitda 5366.55%
- Net Worth 324.57%
- Total Assets 1121.47%
About Ftcash Finance
Ftcash Finance Private Limited (FFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 04 December 2019 (Five years and three months 1 days old ). Its registered office is in Thane, Maharashtra, 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 6.50 Cr and a paid-up capital of Rs 6.35 Cr.
The company currently has active open charges totaling ₹43.50 Cr.
Deepak Kothari and Sanjeev Chandak serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U67110MH2019PTC333955
- Company No.
333955
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Dec 2019
- Date of AGM
08 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Ftcash Finance?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjeev Chandak  | Director | 04-Dec-2019 | Current |
Deepak Kothari  | Director | 04-Dec-2019 | Current |
Financial Performance of Ftcash Finance.
Ftcash Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 4032.84% increase. The company also saw a substantial improvement in profitability, with a 50.15% increase in profit. The company's net worth Soared by an impressive increase of 324.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ftcash Finance?
In 2024, Ftcash Finance had a promoter 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)
- Nomisma Mobile Solutions Private Limited
Deepak Kothari and Sanjeev Chandak are mutual person
Title Consultant Services LlpDeepak Kothari is a mutual person
Charges (Loans)
Open Charges
₹43.50 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 43.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2024 | Others | ₹4.50 Cr | Open |
| 28 Dec 2023 | Others | ₹6.00 Cr | Open |
| 29 Sep 2023 | Others | ₹1.50 Cr | Open |
| 29 Sep 2023 | Others | ₹3.00 Cr | Open |
| 31 Aug 2023 | Others | ₹6.00 Cr | Open |
How Many Employees Work at Ftcash Finance?
Unlock and access historical data on people associated with Ftcash Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ftcash Finance, 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 Ftcash Finance'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 Ftcash Finance
Recent activity within the organization
- Annual General Meeting
Ftcash Finance Private Limited last Annual general meeting of members was held on 08 Aug 2024 as per latest MCA records.
- Balance Sheet
Ftcash Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100908517 was registered on 30 Mar 2024.
- Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100848677 was registered on 28 Dec 2023.
- Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100797423 was registered on 29 Sep 2023.
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100797564 was registered on 29 Sep 2023.
Recent News, Updates & Announcement
- Lending start-up Ftcash raises ₹50 crore from FMO, Accion, IvyCap Ventures | Mint.
Ftcash acts a platform for lenders and small businesses, and currently has around 30,000 borrowers .The start-up lends around ₹3 lakh on an average to small businesses such as grocery stores and mom-and-pop outlets.
- ftcash helps Indian businesses accept cashless payments and loans them money.
A Mumbai-based startup called ftcash is helping small businesses in India move beyond cash. In some cases, it’s also providing loans to fund their operations. Co-founder Vaibhav Lodha, who demonstrated ftcash on-stage today at TechCrunch’s Startup Battlefield, said he first got the idea from his newspaper vendor, who complained that none of his customers seemed […].
Frequently asked questions
What is the Incorporation or founding date of Ftcash Finance Private Limited?
Ftcash Finance Private Limited was incorporated on 04 Dec 2019.
What is authorized share capital and paid-up capital of Ftcash Finance Private Limited?
The authorized share capital of Ftcash Finance Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 6.35 Cr.
Who are the current board members & directors of Ftcash Finance Private Limited?
Currently 2 directors are associated with Ftcash Finance Private Limited.
- Deepak Kothari
- Sanjeev Chandak
What is the registered address of Ftcash Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ftcash Finance Private Limited is 201 2 Flr Bwing Lodha Supremus Pltnof4/F4-1 Rdno.22 Wagale Estate India, Thane, Maharashtra, 400604.
What is the corporate identification number (CIN) and company number of Ftcash Finance Private Limited?
The corporate identification number (CIN) of Ftcash Finance Private Limited is U67110MH2019PTC333955 and the company number is 333955 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ftcash Finance Private Limited?
The Official website of Ftcash Finance Private Limited is https://www.ftcash.com
What has been the recent revenue trend for Ftcash Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ftcash Finance Private Limited has risen by 4032.84%.
What change has been observed in the net worth of Ftcash Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ftcash Finance Private Limited has experienced an upsurge of 324.57%.
What are the total open charges for Ftcash Finance Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ftcash Finance Private Limited amount to ₹ 43.50 Cr.
When was the last Balance Sheet of Ftcash Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Ftcash Finance Private Limited was filed with the ROC on 31 Mar 2024.
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