Simplified Financial Solutions Private Limited

Provides financial services and software solutions, including digital payments, with PCI DSS certification.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Simplified Financial Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.38 Cr
  • Revenue Growth -2.76%
  • Profit Growth -9.98%
  • Ebitda -53.51%
  • Net Worth 13.32%
  • Total Assets 16.36%

About Simplified Financial Solutions

Simplified Financial Solutions Private Limited (SFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 November 2004 and has a history of 20 years and two months. Its registered office is in Mumbai, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹1.38 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sanjay Madhukar, Sanjiv Shah, and Mrudula Gaitonde 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

    U67190MH2004PTC149652

  • Company No.

    149652

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Simplified Financial Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Sanjiv Shah Country flag representing In Director 10-Jan-2017Current
Sanjay Madhukar Country flag representing In Director 12-Jun-2006Current
Mrudula Gaitonde Country flag representing In Director 03-Nov-2011Current

Financial Performance of Simplified Financial Solutions.

Simplified Financial Solutions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.76% decrease. The company also saw a slight decrease in profitability, with a 9.98% decrease in profit. The company's net worth Soared by an impressive increase of 13.32%.

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
-2.76%
Revenue from Operations
-3.59%
Total Assets
16.36%
Profit or Loss
-9.98%
Net Worth
13.32%
EBITDA
-53.51%

What is the Ownership and Shareholding Structure of Simplified Financial Solutions?

In 2023, Simplified Financial Solutions 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

₹0

Satisfied Charges

₹13.75 M

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 1.38 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2006Kotak Mahindra Bank Limited₹1.38 CrSatisfied

How Many Employees Work at Simplified Financial Solutions?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Simplified Financial 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 Simplified Financial 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 Simplified Financial Solutions

Recent activity within the organization

  • Annual General Meeting

    Simplified Financial Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Simplified Financial Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sanjiv Harshad Shah was appointed as a Director was appointed as a Director on 10 Jan 2017 & has been associated with this company since 8 years 20 days .

    10 Jan 2017

  • Charges

    A charge registered on 16 Aug 2006 via Charge ID 10013630 with Kotak Mahindra Bank Limited was fully satisfied on 15 Apr 2013.

    15 Apr 2013

  • Director Appointment

    Mrudula Sanjay Gaitonde was appointed as a Director was appointed as a Director on 03 Nov 2011 & has been associated with this company since 13 years 2 months .

    03 Nov 2011

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 13.75 M with Charge ID 10013630 was registered on 16 Aug 2006.

    16 Aug 2006

Frequently asked questions

  • Simplified Financial Solutions Private Limited was incorporated on 23 Nov 2004.

  • The authorized share capital of Simplified Financial Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Simplified Financial Solutions Private Limited.

    • Sanjay Gaitonde Madhukar
    • Sanjiv Harshad Shah
    • Mrudula Sanjay Gaitonde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simplified Financial Solutions Private Limited is C-308 Kanakia Zillion Lbs Marg, Bkc Annexe Kurla West India, Mumbai, Maharashtra, 400070.

  • The corporate identification number (CIN) of Simplified Financial Solutions Private Limited is U67190MH2004PTC149652 and the company number is 149652 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Simplified Financial Solutions Private Limited is https://www.1pay.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Simplified Financial Solutions Private Limited has fallen by -2.76%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Simplified Financial Solutions Private Limited has experienced an upsurge of 13.32%.

  • The most recent Balance Sheet for Simplified Financial Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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