Mode Finserver Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.15 M
- Company Age 13 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 21.75 Cr
- Satisfied Charges ₹ 16.10 Cr
- Revenue Growth 8.45%
- Profit Growth -378.65%
- Ebitda -2045.15%
- Net Worth -34.61%
- Total Assets 62.93%
About Mode Finserver
Mode Finserver Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 2011 and has a history of 13 years and ten months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Internet 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 4.00 Cr and a paid-up capital of Rs 3.15 M.
The company currently has active open charges totaling ₹21.75 Cr. The company has closed loans amounting to ₹16.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Deepthi Gundala, Amarnath Chowdary, Amit Darda, and One other member serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65100KA2011PTC057936
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Company No.
057936
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
31 Mar 2011
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Mode Finserver Private Limited offer?
Mode Finserver Private Limited offers a wide range of products and services, including Banking Service, Mobile Banking Services.
Who are the key members and board of directors at Mode Finserver?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amarnath Chowdary
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Managing Director | 25-Feb-2015 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Deepthi Gundala
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Director | 13-Dec-2013 | Current |
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Amit Darda
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Director | 18-Jan-2016 | Current |
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Harinath Panguluru
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Director | 31-Mar-2011 | Current |
Financial Performance of Mode Finserver.
Mode Finserver Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.45% increase. The company also saw a substantial fall in profitability, with a 378.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 34.61%.
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What is the Ownership and Shareholding Structure of Mode Finserver?
In 2023, Mode Finserver 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)
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Vezbynature Products Private LimitedDeepthi Gundala, Amarnath Chowdary and 1 more are mutual person
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B.Local Technologies Private LimitedDeepthi Gundala, Amarnath Chowdary and 1 more are mutual person
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Amardeep Life Sciences Private LimitedDeepthi Gundala and Amarnath Chowdary are mutual person
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Amardeep Investment Ventures Private Limited
Deepthi Gundala and Amarnath Chowdary are mutual person
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Smileonn Technologies Private Limited
Deepthi Gundala and Amarnath Chowdary are mutual person
Charges (Loans)
₹21.75 Cr
₹16.10 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 21.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2023 | State Bank Of India | ₹7.00 Cr | Open |
| 27 Sep 2021 | State Bank Of India | ₹14.75 Cr | Open |
| 27 May 2022 | Axis Bank Limited | ₹4.90 Cr | Satisfied |
| 04 Mar 2021 | Axis Bank Limited | ₹0.71 M | Satisfied |
| 20 Jan 2020 | Axis Bank Limited | ₹6.89 M | Satisfied |
How Many Employees Work at Mode Finserver?
Mode Finserver has a workforce of 137 employees as of Apr 03, 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 Mode Finserver, 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 Mode Finserver'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.
