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Bold Finance Technologies Private Limited - internet in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹16,292
Latest filing
Net loss · FY 2022
₹13.1 Lakh
Latest filing
EBITDA · FY 2022
-₹17.18 Lakh
Latest filing
Authorised capital
₹1.44 Lakh
Registered with MCA
Paid-up capital
₹1.4 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
18
Provident fund records
Directors on board
2
As per MCA filings
About Bold Finance Technologies Private Limited
Data last updated:
Bold Finance Technologies Private Limited is a private limited company based in Udaipur, Rajasthan, India, recognised as a startup by DPIIT. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 29 September 2021.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2021PTC077290. Its GSTIN is 08AAKCB1832C1Z1 (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.44 Lakh and a paid-up capital of ₹1.4 Lakh. It is led by directors Durgesh Suthar (Whole-Time Director) and Nikhil Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 67 Sector 8 Hiran Magri, Udaipur, Rajasthan, India – 313002.
As per the financials filed for FY 2022, the company reported a revenue of ₹16,292. For the same year it recorded a net loss of ₹13.1 Lakh and EBITDA of -₹17.18 Lakh.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bold Finance. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹14.56 Cr; the latest was in September 2022.
The last known website on record is boldfinance.in.
Company details
CIN U72900RJ2021PTC077290
Registration Number 077290
Incorporation Date 29 September 2021
ROC Jaipur
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Bold Finance Technologies
Contact details
Bold Finance Technologies Private Limited's registered office is in Udaipur, Rajasthan. Its website is boldfinance.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address67 Sector 8 Hiran Magri, Udaipur, Rajasthan, India – 313002
- IndustryInternet, Online Financial Services
To see the full contact details of Bold Finance Technologies Private Limited, buy the company report.
Comprehensive company report
Bold Finance Technologies 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
Bold Finance Technologies operates one associated brand: Bold Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Asset-backed loans are provided to clients by Bold Finance. | boldfinance.in |
Business activity
The main business activity of Bold Finance Technologies is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Bold Finance Technologies Private Limited, buy the company report.
Financials of Bold Finance Technologies Private Limited
FY 2023 filings availableBold Finance Technologies Private Limited reported revenue of ₹16,292 for FY 2022.
Revenue · FY 2022
₹16,292
Net loss · FY 2022
₹13.1 Lakh
EBITDA · FY 2022
-₹17.18 Lakh
Financial Statement Summary
| Metrics | FY 2021-22 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹16,292 |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹17.18 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹13.1 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 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| 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 Bold Finance Technologies Private Limited, buy the company report.
Board of directors of Bold Finance Technologies Private Limited
Bold Finance Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durgesh Suthar | Whole-Time Director | 29 Sep 2021 | 5 Years 1 Months | As last reported |
| Nikhil Jain Also directs: Reaasi Lifestyles Private Limited | Whole-Time Director | 29 Sep 2021 | 5 Years 1 Months | As last reported |
Auditor
Bold Finance Technologies Private Limited is audited by MOHIT GARG for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHIT GARG | FY 2022 | 543207 |
Shareholding
The shareholding of Bold Finance Technologies Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bold Finance Technologies Private Limited, buy the company report.
Deals & funding
Bold Finance Technologies Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹14.56 Cr; the latest was in September 2022.
Total deals
2
Funding rounds
2
Disclosed funding
₹14.56 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round · Seed | ₹13.23 Cr | Investors: Kae Capital Management, Antler India, 2 individuals |
| Feb 2022 | Funding round · Pre-seed | ₹1.33 Cr | Investors: Antler India |
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 Bold Finance Technologies 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 Bold Finance Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bold Finance Technologies Private Limited has a workforce of 18 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-35.71%
GST
Bold Finance Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAKCB1832C1Z1 | Rajasthan | Active | 14 Oct 2021 |
| 27AAKCB1832C1Z1 | Maharashtra | Active | 21 Mar 2022 |
To see the full GST registrations and return filing status of Bold Finance Technologies Private Limited, buy the company report.
Recent activity
Bold Finance Technologies Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Sunitha Viswanathan ceased to be Nominee Director on 12 Nov 2024.
Ceased
Sunitha Viswanathan ceased to be Nominee Director.
AGM
Bold Finance Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Bold Finance Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
Appointed
Sunitha Viswanathan was appointed as Nominee Director.
Appointed
Durgesh Suthar was appointed as Whole-Time Director.
Appointed
Nikhil Jain was appointed as Whole-Time Director.
Incorporation
29 Sep 2021
Bold Finance Technologies Private Limited was registered on 29 Sep 2021 with Roc Jaipur & aged 5 years 1 month as per MCA records.
Frequently asked questions
Bold Finance Technologies is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Bold Finance Technologies is a company under liquidation, formerly operating as a private limited company based in Udaipur, Rajasthan, India. The company works in online financial services, within the internet industry. It was incorporated on 29 September 2021 and is registered under CIN U72900RJ2021PTC077290. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bold Finance Technologies has 2 current directors:
- Durgesh Suthar - Whole-Time Director
- Nikhil Jain - Whole-Time Director
The latest financial statements of Bold Finance Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Bold Finance Technologies is U72900RJ2021PTC077290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bold Finance Technologies was incorporated on 29 September 2021. It is registered with the Registrar of Companies, Jaipur.
Bold Finance Technologies has 2 deals on record (2 funding rounds), with disclosed funding of ₹14.56 Cr; the latest was in September 2022.
Sunitha Viswanathan ceased to be Nominee Director on 12 Nov 2024. Sunitha Viswanathan was appointed as Nominee Director on 07 Oct 2022. Durgesh Suthar was appointed as Whole-Time Director on 29 Sep 2021. Bold Finance Technologies has 4 board changes on record in total.
Yes, Bold Finance Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Bold Finance Technologies can be reached through the website boldfinance.in. Its registered office is in Udaipur, Rajasthan, India.
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