Insync Tech - Fin Solutions Limited

Integrates digital commerce platforms for e-commerce merchants.

1991 | 24 Parganas, West Bengal (India) | Active
Last Updated: January 08, 2025

Insync Tech - Fin Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.26 Cr
  • Company Age 34 Year, 9 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 15.18 Cr
  • Revenue Growth -48.29%
  • Profit Growth 738.59%
  • Ebitda -350.01%
  • Net Worth 25.55%
  • Total Assets -52.84%

About Insync Tech - Fin Solutions

Insync Tech - Fin Solutions Limited (ITFSL) is a Public Limited Indian Non-Government Company incorporated in India on 25 January 1991 and has a history of 34 years. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Atul Finvest Private Limited. The Company is engaged in the Information Technology 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 5.00 Cr and a paid-up capital of Rs 1.26 Cr.

The company has closed loans amounting to ₹15.18 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Atul Gupta, Lal Prasad, and Shweta Gupta serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120WB1991PLC050740

  • Company No.

    050740

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Information Technology

What products or services does Insync Tech - Fin Solutions Limited offer?

Insync Tech - Fin Solutions Limited offers a wide range of products and services, including Data Entry & Data Processing Service, Data Conversion Services, Software Development & IT Consultant, Integration Support Service, IT, Networking & Automation Solution, IT Solutions, Product Integration Solution, E Commerce Website Development Service, B2C Ecommerce Services, B2B Solutions.

Who are the key members and board of directors at Insync Tech - Fin Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Atul Gupta Country flag representing In Managing Director 20-Oct-1997 Current

Board Members (2)

Name Designation Appointment Date Status
Lal Prasad Country flag representing In Director 27-Jun-2019 Current
Shweta Gupta Country flag representing In Director 08-Jan-2020 Current

Financial Performance of Insync Tech - Fin Solutions.

Insync Tech - Fin Solutions Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 48.29% decrease. The company also saw a substantial improvement in profitability, with a 738.59% increase in profit. The company's net worth Soared by an impressive increase of 25.55%.

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
-48.29%
Revenue from Operations
-94.22%
Total Assets
-52.84%
Profit or Loss
738.59%
Net Worth
25.55%
EBITDA
-350.01%

What is the Ownership and Shareholding Structure of Insync Tech - Fin Solutions?

In 2024, Insync Tech - Fin Solutions had a promoter holding of 97.54% and a public holding of 2.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.18 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.18 Cr
  • Axis Bank Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
08 Jun 2021 Others ₹3.00 Cr Satisfied
29 Nov 2020 Others ₹6.05 Cr Satisfied
12 Oct 2020 Others ₹2.18 Cr Satisfied
24 Jan 2019 Axis Bank Limited ₹3.00 Cr Satisfied
20 Jun 2017 Others ₹9.50 M Satisfied

How Many Employees Work at Insync Tech - Fin Solutions?

Insync Tech - Fin Solutions has a workforce of 1 employees as of Jan 08, 2025. 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Insync Tech - Fin Solutions, 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 Insync Tech - Fin Solutions'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 Insync Tech - Fin Solutions

Recent activity within the organization

  • Annual General Meeting

    Insync Tech - Fin Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Insync Tech - Fin Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 29 Nov 2020 via Charge ID 100390871 with Others was fully satisfied on 04 Dec 2023.

    04 Dec 2023

  • Charges

    A charge registered on 12 Oct 2020 via Charge ID 100376485 with Others was fully satisfied on 30 Nov 2023.

    30 Nov 2023

  • Charges

    A charge with Others of Rs. 6.05 Cr registered on 29 Nov 2020 with Charge ID 100390871 was modified on 26 Apr 2022.

    26 Apr 2022

  • Charges

    A charge registered on 08 Jun 2021 via Charge ID 100456440 with Others was fully satisfied on 01 Apr 2022.

    01 Apr 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Insync Tech - Fin Solutions Limited was incorporated on 25 Jan 1991.

  • The authorized share capital of Insync Tech - Fin Solutions Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.26 Cr.

  • Currently 3 directors are associated with Insync Tech - Fin Solutions Limited.

    • Atul Gupta
    • Lal Chand Prasad
    • Shweta Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Insync Tech - Fin Solutions Limited is Dgk 912 Dlf Galleria Action Area 1B New Town, India, Kolkata, West Bengal, 700156.

  • The corporate identification number (CIN) of Insync Tech - Fin Solutions Limited is U67120WB1991PLC050740 and the company number is 050740 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Insync Tech - Fin Solutions Limited is https://www.insync.co.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Insync Tech - Fin Solutions Limited has fallen by -48.29%.

  • As Per 2024 financial reports, 1 employees are currently employed by Insync Tech - Fin Solutions Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Insync Tech - Fin Solutions Limited has experienced an upsurge of 25.55%.

  • The most recent Balance Sheet for Insync Tech - Fin Solutions Limited was filed with the ROC on 31 Mar 2024.

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