Smartcoin Financials Private Limited

Provides micro-loans and financial services through an application, acting as brokers for various investment products.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Smartcoin Financials Profile

Key Indicators

  • Authorised Capital ₹ 0.61 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 9 Year, 2 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 two months 10 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
  • 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 Country flag representing In Nominee Director 30-Nov-2022 Current
Jayant Upadhyay Country flag representing In Director 13-Apr-2016 Current
Bhaskar Majumdar Country flag representing Gb Director 18-Apr-2019 Current
Amit Chandel Country flag representing In Director 12-Jan-2017 Current
Vinay Singh Country flag representing In Director 23-Nov-2015 Current
Rohit Garg Country flag representing In 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%.

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
-49.88%
Revenue from Operations
-52.38%
Total Assets
-11.84%
Profit or Loss
-5599.43%
Net Worth
-36.93%
EBITDA
-13025.99%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    27 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 150.00 M with Charge ID 100932503 was registered on 31 May 2024.

    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.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100914787 was registered on 22 Dec 2023.

    22 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100814757 was registered on 30 Oct 2023.

    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 2 months .

    30 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Smartcoin Financials Private Limited was incorporated on 23 Nov 2015.

  • The authorized share capital of Smartcoin Financials Private Limited is ₹ 0.61 M and paid-up capital is ₹ 0.30 M.

  • 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
  • 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.

  • 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).

  • The Official website of Smartcoin Financials Private Limited is https://www.smartcoin.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Smartcoin Financials Private Limited has fallen by -49.88%.

  • As Per 2023 financial reports, 15 employees are currently employed by Smartcoin Financials Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Smartcoin Financials Private Limited amount to ₹ 35.00 Cr.

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

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