About Financialpower Software Technology Private Limited
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Financialpower Software Technology Private Limited is a private limited company based in Raipur, Chhattisgarh, India, recognised as a startup by DPIIT. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 26 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U74999CT2016PTC007500. Its GSTIN is 22AACCF8908K1ZJ (Chhattisgarh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Vikash Kumar Jain and Neha Jain.
Its last annual general meeting (AGM) was held on 25 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Tf – 1B Third Floor Shyam Plaza Bus Stand Pandri, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2019, the company reported a revenue of ₹19.75 Lakh. For the same year it recorded a net profit of ₹99,485 (net margin 5%) and EBITDA of ₹2.44 Lakh (EBITDA margin 12.3%).
The company is associated with 2 brands: Fundpay and Financial Power Software.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website financialpower.co.in.
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- Registered AddressTf – 1B Third Floor Shyam Plaza Bus Stand Pandri, Raipur, Chhattisgarh, India – 492001
- IndustryInformation Technology, IT Products Retail & Distribution
- 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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Financials of Financialpower Software Technology Private Limited FY 2021 filings available
Financialpower Software Technology Private Limited reported revenue of ₹19.75 Lakh for FY 2019.
Financial Statement Summary of Financialpower Software Technology Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹19.75 Lakh | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹2.44 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹99,485 | •••• | •••• |
| 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 of Financialpower Software Technology Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 12.3% | •••• | •••• |
| Net Profit Margin | 5% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Financialpower Software Technology are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Financialpower Software Technology Private Limited
Financialpower Software Technology Private Limited is audited by BAGHEL & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAGHEL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Financialpower Software Technology Private Limited
Financialpower Software Technology has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thivyapprabha Ananda Selvan Also directs: Vyukshathriya Technologix Private Limited | Additional Director | 09 Dec 2019 | 6 Years 9 Months | Current |
| Vikash Kumar Jain | Director | 26 Aug 2016 | 10 Years 1 Months | Current |
| Neha Jain | Director | 26 Aug 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of Financialpower Software Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Financialpower Software Technology Private Limited
Financialpower Software Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Financialpower Software Technology Private Limited
Financialpower Software Technology operates two associated brands: FUNDPAY and Financial Power Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as a secure e-wallet for convenient consumer financial transactions. | fundpay.co.in | |
| Cloud-based accounting, payment, and invoicing solutions are provided for businesses. | financialpower.co.in |
Employees and EPFO Compliance at Financialpower Software Technology Private Limited
Employment history and EPFO contributions of people linked to Financialpower Software Technology.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Financialpower Software Technology Private Limited
Financialpower Software Technology Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Thivyapprabha Ananda Selvan was appointed as Additional Director on 09 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Financialpower Software Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Financialpower Software Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Financialpower Software Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Financialpower Software Technology Private Limited
Financialpower Software Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCF8908K1ZJ | Chhattisgarh | Active | 23 Jul 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Financialpower Software Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Financialpower Software Technology Private Limited
Financialpower Software Technology is an active private limited company based in Raipur, Chhattisgarh, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 26 August 2016 (10+ years old) and is registered under CIN U74999CT2016PTC007500.
Financialpower Software Technology reported revenue of ₹19.75 Lakh for FY 2019.
Financialpower Software Technology has 3 current directors:
- Thivyapprabha Ananda Selvan - Additional Director
- Vikash Kumar Jain - Director
- Neha Jain - Director
Financialpower Software Technology reported a net profit of ₹99,485 (net margin 5%) and EBITDA of ₹2.44 Lakh (EBITDA margin 12.3%) for FY 2019, as per its filed financial statements.
The GSTIN of Financialpower Software Technology is 22AACCF8908K1ZJ, registered in Chhattisgarh.
The CIN (Corporate Identification Number) of Financialpower Software Technology is U74999CT2016PTC007500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Financialpower Software Technology was incorporated on 26 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Thivyapprabha Ananda Selvan was appointed as Additional Director on 09 Dec 2019. Muthu Thodiyil Manoj ceased to be Director on 25 Sep 2017. Neha Jain was appointed as Director on 26 Aug 2016. Financialpower Software Technology has 4 board changes on record in total.
Yes, Financialpower Software Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Financialpower Software Technology can be reached through the website financialpower.co.in. Its registered office is in Raipur, Chhattisgarh, India.