8 Finatics Mobile Private Limited
About 8 Finatics Mobile Private Limited
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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 The company has 1 GST registration on record, which is no longer active.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
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 AddressR – 13 Second Floor G.K – 1 New Delhi, Delhi, India – 110048
- IndustryInformation 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.
- 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
Brands
8 Finatics Mobile operates one associated brand: Finomena. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer 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 available8 Finatics Mobile Private Limited reported revenue of ₹11.2 Lakh (down 58% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2017-18 | FY 2016-17 | FY 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Kumar Kaushik Also directs: Trinity Tulsivan Reality Private Limited, Trinity Vrinda Reality Private Limited, Trinity Pratha Reality Private Limited and 1 more | Director | 01 Jan 2017 | 9 Years 10 Months | As last reported |
| Rahul Sharma Also directs: Trinity Landspace Private Limited, Trinity Infratech Corporations Private Limited, Fidato Buildcon Private Limited and 1 more | Additional Director | 31 Mar 2018 | 8 Years 7 Months | As last reported |
Auditor
8 Finatics Mobile Private Limited is audited by BISWA CHANDRA SAINI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BISWA CHANDRA SAINI & CO | FY 2018 | 022674N |
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 category | FY 2018 | FY 2017 | FY 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.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Nov 2015 | Funding round · Seed | ₹9.38 Cr | Investors: 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.
Legal cases
No court or tribunal cases involving 8 Finatics Mobile Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
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.
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.
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:
- Pankaj Kumar Kaushik - Director
- Rahul Sharma - Additional Director
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.
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