Smartcoin Financials Profile
Key Indicators
- Authorised Capital ₹ 0.61 M
- Paid Up Capital ₹ 0.30 M
- Company Age 9 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 35.00 Cr
- Revenue Growth -49.88%
- Profit Growth -5599.43%
- Ebitda -13025.99%
- Net Worth -36.93%
- Total Assets -11.84%
About Smartcoin Financials
Smartcoin Financials Private Limited (SFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 23 November 2015 (Nine years and three months 12 days old ). 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 2024. It's a company limited by shares with an authorized capital of Rs 0.61 M and a paid-up capital of Rs 0.30 M.
The company currently has active open charges totaling ₹35.00 Cr.
The Key Managerial Personnel (KMP) at Smartcoin Financials Private Limited India is Vipin Maheshwari as CFO. Bhaskar Majumdar, Kartik Srivatsa, Amit Chandel, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U67110KA2015PTC084272
- Company No.
084272
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Nov 2015
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Internet
Who are the key members and board of directors at Smartcoin Financials?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vipin Maheshwari | CFO | 17-Nov-2020 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kartik Srivatsa  | Nominee Director | 30-Nov-2022 | Current |
| Jayant Upadhyay | Director | 13-Apr-2016 | Current |
Bhaskar Majumdar  | Director | 18-Apr-2019 | Current |
| Amit Chandel | Director | 12-Jan-2017 | Current |
| Vinay Singh | Director | 23-Nov-2015 | Current |
| Rohit Garg | Director | 12-Jan-2017 | Current |
Financial Performance of Smartcoin Financials.
Smartcoin Financials Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.88% decrease. The company also saw a substantial fall in profitability, with a 5599.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Smartcoin Financials?
In 2023, Smartcoin Financials had a promoter holding of 85.01% and a public holding of 15.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lilchirp Ai Technologies Private LimitedBhaskar Majumdar is a mutual person
Finnew Solutions Private LimitedKartik Srivatsa is a mutual person
Unicorn India Ventures Advisors LlpBhaskar Majumdar is a mutual person
Ampin Energy Transition Private LimitedKartik Srivatsa is a mutual person
Credavenue Private LimitedKartik Srivatsa is a mutual person
Open Financial Technologies Private LimitedBhaskar Majumdar is a mutual person
Charges (Loans)
Open Charges
₹350.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2024 | Others | ₹15.00 Cr | Open |
| 22 Dec 2023 | Others | ₹10.00 Cr | Open |
| 30 Oct 2023 | Others | ₹10.00 Cr | Open |
How Many Employees Work at Smartcoin Financials?
Smartcoin Financials has a workforce of 15 employees as of Apr 07, 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 Smartcoin Financials, 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 Smartcoin Financials'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.
Latest Updates, News, and FAQs on Smartcoin Financials
Recent activity within the organization
- Annual General Meeting
Smartcoin Financials Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 150.00 M with Charge ID 100932503 was registered on 31 May 2024.
- Balance Sheet
Smartcoin Financials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 100.00 M with Charge ID 100914787 was registered on 22 Dec 2023.
- Charges
A charge with Others amounted to Rs. 100.00 M with Charge ID 100814757 was registered on 30 Oct 2023.
- Director Appointment
Kartik Srivatsa was appointed as a Nominee Director was appointed as a Nominee Director on 30 Nov 2022 & has been associated with this company since 2 years 3 months .
Recent News, Updates & Announcement
- Smartcoin raises $2 million in funding round led by Chinese VC fund | Mint.
SmartCoin plans to utilize funds for upgrading its technology platform and grow the team as it continues its expansion plans.
Frequently asked questions
What is the Incorporation or founding date of Smartcoin Financials Private Limited?
Smartcoin Financials Private Limited was incorporated on 23 Nov 2015.
What is authorized share capital and paid-up capital of Smartcoin Financials Private Limited?
The authorized share capital of Smartcoin Financials Private Limited is ₹ 0.61 M and paid-up capital is ₹ 0.30 M.
Who are the current board members & directors of Smartcoin Financials Private Limited?
Currently 7 directors are associated with Smartcoin Financials Private Limited.
- Bhaskar Majumdar
- Kartik Srivatsa
- Amit Chandel
- Vinay Kumar Singh
- Jayant Upadhyay
- Rohit Garg
- Vipin Surat Ram Maheshwari
What is the registered address of Smartcoin Financials Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Smartcoin Financials Private Limited is Indiqube Gamma No.293/154/172 2Nd Floor Outer Ring Road Kadubeesanahalli, Bengaluru India, Bangalore South, Karnataka, 560103.
What is the corporate identification number (CIN) and company number of Smartcoin Financials Private Limited?
The corporate identification number (CIN) of Smartcoin Financials Private Limited is U67110KA2015PTC084272 and the company number is 084272 as per Ministry of Corporate Affairs (MCA).
What is the official website of Smartcoin Financials Private Limited?
The Official website of Smartcoin Financials Private Limited is https://www.smartcoin.co.in
What has been the recent revenue trend for Smartcoin Financials Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Smartcoin Financials Private Limited has fallen by -49.88%.
How many employees does Smartcoin Financials Private Limited currently have?
As Per 2023 financial reports, 15 employees are currently employed by Smartcoin Financials Private Limited.
What change has been observed in the net worth of Smartcoin Financials Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Smartcoin Financials Private Limited has experienced an downturn of -36.93%.
What are the total open charges for Smartcoin Financials Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Smartcoin Financials Private Limited amount to ₹ 35.00 Cr.
When was the last Balance Sheet of Smartcoin Financials Private Limited filed with the ROC?
The most recent Balance Sheet for Smartcoin Financials Private Limited was filed with the ROC on 31 Mar 2024.
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