Future Money Financial Services Limited

Provides financial services as a registered NBFC without public deposits.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated:

Future Money Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -95.91%
  • Profit Growth -303.83%
  • Ebitda -131.03%
  • Net Worth -4.07%
  • Total Assets -4.85%

About Future Money Financial Services

Future Money Financial Services Limited (FMFSL) is a Public Limited Indian Non-Government Company incorporated in India on 02 May 2017 (Seven years and ten months 6 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Expandus Capital Limited. 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 25.00 Cr and a paid-up capital of Rs 2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vivek Biyani, Vimal Sekhani, and Anil Biyani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999MH2017PLC294606

  • Company No.

    294606

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2017

  • Date of AGM

    30 Sep 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 Future Money Financial Services?

Board Members (3)

NameDesignationAppointment DateStatus
Vivek Biyani Country flag representing In Director 01-Oct-2019Current
Vimal Sekhani Country flag representing In Director 27-Jul-2022Current
Anil Biyani Country flag representing In Director 24-Aug-2023Current

Financial Performance of Future Money Financial Services.

Future Money Financial Services Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 95.91% decrease. The company also saw a substantial fall in profitability, with a 303.83% decrease in profit. The company's net worth dipped by a decrease of 4.07%.

Future Money Financial Services revenue growth over time
Future Money Financial Services 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
-95.91%
Revenue from Operations
Total Assets
-4.85%
Profit or Loss
-303.83%
Net Worth
-4.07%
EBITDA
-131.03%

What is the Ownership and Shareholding Structure of Future Money Financial Services?

In 2022, Future Money Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Future Money Financial Services?

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

Employee growth trends for Future Money Financial Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Future Money Financial Services, 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 Future Money Financial Services'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 Future Money Financial Services

Recent activity within the organization

  • Annual General Meeting

    Future Money Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Future Money Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Anil L Biyani was appointed as a Director was appointed as a Director on 24 Aug 2023 & has been associated with this company since 1 year 6 months .

  • Director Appointment

    Vimal Kumar Sekhani was appointed as a Director was appointed as a Director on 27 Jul 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Vivek Vijay Biyani was appointed as a Director was appointed as a Director on 01 Oct 2019 & has been associated with this company since 5 years 5 months .

  • Company Incorporation

    Future Money Financial Services Limited was registered on 02 May 2017 with Roc Mumbai & aged 7 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Future Money Financial Services Limited?

    Future Money Financial Services Limited was incorporated on 02 May 2017.

  • What is authorized share capital and paid-up capital of Future Money Financial Services Limited?

    The authorized share capital of Future Money Financial Services Limited is ₹ 25.00 Cr and paid-up capital is ₹ 2.50 Cr.

  • Who are the current board members & directors of Future Money Financial Services Limited?

    Currently 3 directors are associated with Future Money Financial Services Limited.

    • Vivek Vijay Biyani
    • Vimal Kumar Sekhani
    • Anil L Biyani

  • What is the registered address of Future Money Financial Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Future Money Financial Services Limited is Knowledge House Shyam Nagar Off Jvlr Jogeshwari (East), India, Mumbai, Maharashtra, 400060.

  • What is the corporate identification number (CIN) and company number of Future Money Financial Services Limited?

    The corporate identification number (CIN) of Future Money Financial Services Limited is U65999MH2017PLC294606 and the company number is 294606 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Future Money Financial Services Limited?

    The Official website of Future Money Financial Services Limited is https://www.expanduscapital.in

  • What has been the recent revenue trend for Future Money Financial Services Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Future Money Financial Services Limited has fallen by -95.91%.

  • What change has been observed in the net worth of Future Money Financial Services Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Future Money Financial Services Limited has experienced an downturn of -4.07%.

  • When was the last Balance Sheet of Future Money Financial Services Limited filed with the ROC?

    The most recent Balance Sheet for Future Money Financial Services Limited was filed with the ROC on 31 Mar 2024.

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