Opendoors Fintech Private Limited

This company provides loan facilitation services through an online platform, matching borrowers to financial institutions based on their needs.

2014 | Delhi (India) | Active
Last Updated: December 19, 2024

Opendoors Fintech Profile

Key Indicators

  • Authorised Capital ₹ 8.98 M
  • Paid Up Capital ₹ 8.96 M
  • Company Age 10 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.50 Cr
  • Satisfied Charges ₹ 3.80 Cr
  • Revenue Growth 91.63%
  • Profit Growth -52.75%
  • Ebitda -56.78%
  • Net Worth 446.01%
  • Total Assets 124.59%

About Opendoors Fintech

Opendoors Fintech Private Limited (OFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 2014 and has a history of Ten years and three months. Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 8.98 M and a paid-up capital of Rs 8.96 M.

The company currently has active open charges totaling ₹13.50 Cr. The company has closed loans amounting to ₹3.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gaurav Anand and Krishnan Parameswaran serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2014PTC272619

  • Company No.

    272619

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Internet

Who are the key members and board of directors at Opendoors Fintech?

Board Members (2)

Name Designation Appointment Date Status
Gaurav Anand Country flag representing In Whole-Time Director 31-Dec-2014 Current
Krishnan Parameswaran Country flag representing In Director 29-May-2024 Current

Financial Performance of Opendoors Fintech.

Opendoors Fintech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 91.63% increase. The company also saw a substantial fall in profitability, with a 52.75% decrease in profit. The company's net worth Soared by an impressive increase of 446.01%.

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
91.63%
Revenue from Operations
94.28%
Total Assets
124.59%
Profit or Loss
-52.75%
Net Worth
446.01%
EBITDA
-56.78%

What is the Ownership and Shareholding Structure of Opendoors Fintech?

In 2022, Opendoors Fintech 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)

Open Charges

₹135.00 M

Satisfied Charges

₹38.00 M

Charges Breakdown by Lending Institutions

  • Others : 13.50 Cr

Latest Charge Details

Date Lender Amount Status
29 Jun 2023 Others ₹1.50 Cr Open
10 Mar 2023 Others ₹2.00 Cr Open
25 Oct 2022 Others ₹10.00 Cr Open
20 May 2019 Hdfc Bank Limited ₹3.80 Cr Satisfied

How Many Employees Work at Opendoors Fintech?

Opendoors Fintech has a workforce of 224 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Opendoors Fintech, 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 Opendoors Fintech'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 Opendoors Fintech

Recent activity within the organization

  • Annual General Meeting

    Opendoors Fintech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Krishnan Parameswaran was appointed as a Director was appointed as a Director on 29 May 2024 & has been associated with this company since 8 months 6 days .

    29 May 2024

  • Balance Sheet

    Opendoors Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100762578 was registered on 29 Jun 2023.

    29 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100719127 was registered on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100707360 was registered on 25 Oct 2022.

    25 Oct 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Opendoors Fintech Private Limited was incorporated on 22 Oct 2014.

  • The authorized share capital of Opendoors Fintech Private Limited is ₹ 8.98 M and paid-up capital is ₹ 8.96 M.

  • Currently 2 directors are associated with Opendoors Fintech Private Limited.

    • Gaurav Anand
    • Krishnan Parameswaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Opendoors Fintech Private Limited is C 135, First Floor Kirti Nagar India, New Delhi, 110015.

  • The corporate identification number (CIN) of Opendoors Fintech Private Limited is U74999DL2014PTC272619 and the company number is 272619 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Opendoors Fintech Private Limited is https://www.namastecredit.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Opendoors Fintech Private Limited has risen by 91.63%.

  • As Per 2022 financial reports, 224 employees are currently employed by Opendoors Fintech Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Opendoors Fintech Private Limited has experienced an upsurge of 446.01%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Opendoors Fintech Private Limited amount to ₹ 13.50 Cr.

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

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