8 Finatics Mobile Private Limited

8 Finatics Mobile Private Limited - information technology in Delhi, India. Directors, charges & compliance details.
CIN U74900DL2015PTC285766 Incorporated 29 September 2015 ROC Delhi HQ Delhi, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2018
₹11.2 Lakh
▼ 58% YoY
Net loss · FY 2018
₹94.74 Lakh
Latest filing
EBITDA · FY 2018
-₹49.19 Lakh
EBITDA margin -439.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.98 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
28
Provident fund records
Directors on board
2
As per MCA filings

About 8 Finatics Mobile Private Limited

Data last updated:

8 Finatics Mobile Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 September 2015.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2015PTC285766. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.98 Lakh. It was led by directors Pankaj Kumar Kaushik and Rahul Sharma.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at R – 13 Second Floor G.K – 1 New Delhi, Delhi, India – 110048.

As per the financials filed for FY 2018, the company reported a revenue of ₹11.2 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹94.74 Lakh and EBITDA of -₹49.19 Lakh (EBITDA margin -439.4%).

The company had about 28 employees on its provident fund (EPFO) records before it was struck off.

The company was associated with 1 brand: Finomena. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.38 Cr; the latest was in March 2018.

Company details

CIN U74900DL2015PTC285766
Registration Number 285766
Incorporation Date 29 September 2015
ROC Delhi
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant

Contact details

8 Finatics Mobile Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    R – 13 Second Floor G.K – 1 New Delhi, Delhi, India – 110048
  • Industry
    Information Technology, Application Development & Software Solutions, IT Consulting & Support Services

To see the full contact details of 8 Finatics Mobile Private Limited, buy the company report.

Comprehensive company report
8 Finatics Mobile Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

8 Finatics Mobile operates one associated brand: Finomena. Each brand links to its own profile.

BrandDescriptionWebsite
Offers EMI-based purchase loans to facilitate consumer financing.finomena.com

Business activity

The main business activity of 8 Finatics Mobile is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of 8 Finatics Mobile Private Limited, buy the company report.

Financials of 8 Finatics Mobile Private Limited

FY 2018 filings available

8 Finatics Mobile Private Limited reported revenue of ₹11.2 Lakh (down 58% YoY) for FY 2018.

Revenue · FY 2018
₹11.2 Lakh ▼ 58%
Net loss · FY 2018
₹94.74 Lakh
EBITDA · FY 2018
-₹49.19 Lakh margin -439.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 58%
EBITDA CAGR growth
1 year
▲ 93%

Revenue fell 58% in the latest year. EBITDA rose 93% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹11.2 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹49.19 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹94.74 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-439.4%
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of 8 Finatics Mobile Private Limited, buy the company report.

Board of directors of 8 Finatics Mobile Private Limited

8 Finatics Mobile has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Pankaj Kumar KaushikDirector01 Jan 20179 Years 10 MonthsAs last reported
Rahul SharmaAdditional Director31 Mar 20188 Years 7 MonthsAs last reported

Auditor

8 Finatics Mobile Private Limited is audited by BISWA CHANDRA SAINI & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
BISWA CHANDRA SAINI & COFY 2018022674N

Shareholding

The shareholding of 8 Finatics Mobile Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of 8 Finatics Mobile Private Limited, buy the company report.

Deals & funding

8 Finatics Mobile Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.38 Cr; the latest was in March 2018.

Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹11.38 Cr

Deals on record (2 of 3)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Nov 2015Funding round · Seed₹9.38 CrInvestors: Z47 (Matrix Partners India), 3 individuals

To see the full deal history of 8 Finatics Mobile Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for 8 Finatics Mobile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

8 Finatics Mobile has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of 8 Finatics Mobile Private Limited, buy the company report.

Recent activity

8 Finatics Mobile Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Abhishek Garg ceased to be Director on 31 Mar 2018.

AGM
8 Finatics Mobile Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
8 Finatics Mobile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Delhi.
Ceased
Abhishek Garg ceased to be Director.
Appointed
Rahul Sharma was appointed as Additional Director.
Ceased
Riddhi Mittal ceased to be Director.
Appointed
Pankaj Kumar Kaushik was appointed as Director.
Ceased
Vikram Vaidyanathan ceased to be Nominee Director.
Incorporation
29 Sep 2015
8 Finatics Mobile Private Limited was registered on 29 Sep 2015 with Roc Delhi & aged 11 years 1 month as per MCA records.

Frequently asked questions

8 Finatics Mobile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

8 Finatics Mobile was a private limited company based in Delhi, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 29 September 2015 and is registered under CIN U74900DL2015PTC285766. The company has been struck off by the Registrar of Companies and is no longer operational.

8 Finatics Mobile had 2 directors:

The CIN (Corporate Identification Number) of 8 Finatics Mobile is U74900DL2015PTC285766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of 8 Finatics Mobile is at R – 13 Second Floor G.K – 1 New Delhi, Delhi, India – 110048.

8 Finatics Mobile was incorporated on 29 September 2015. It is registered with the Registrar of Companies, Delhi.

The latest financial statements of 8 Finatics Mobile on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2016 are in the company report.

No. 8 Finatics Mobile has 1 GST registration on record and it is cancelled or inactive.

8 Finatics Mobile operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.

8 Finatics Mobile has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.38 Cr; the latest was in March 2018.