About Finasyst Tech Private Limited
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Finasyst Tech Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 31 August 2022.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72900MH2022PTC389728. Its GSTIN is 27AAFCF2039Q1Z8 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.35 Lakh. It is led by directors Sanjog Prabhudas Bawane (Managing Director) and Vikrant Prabhudas Bawane.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nagpur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.28 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.44 Lakh (net margin 2.9%) and EBITDA of ₹13.79 Lakh (EBITDA margin 27.4%).
The company is associated with 1 brand: Finasyst. The company has 1 deal on record (1 funding round), with disclosed funding of ₹11 Lakh; the latest was in December 2022. Its 10 peer companies in the BFSI industry (Other Financial Services) are compared by revenue, 5 larger and 5 smaller; the largest is Kay Aar Decobuild Private Limited with revenue of ₹50.4 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finasyst.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No. 101 P No. 37 Nishigandha Apartment, Bhamti Road Near Sambhaji Raje Chowk Deendayal Nagar, Nagpur, Maharashtra, India – 440022
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Finasyst Tech Private Limited
The main business activity of Finasyst Tech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Finasyst Tech Private Limited FY 2025 filings available
Finasyst Tech Private Limited reported revenue of ₹50.28 Lakh (up 977% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Finasyst Tech Private Limited
Revenue rose 977% in the latest year. EBITDA rose 365% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Finasyst Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹13.79 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.44 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 of Finasyst Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 27.4% | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• |
| 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 Finasyst Tech are in the company report.
Financial statements from FY 2023
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.
Peer Comparison of Finasyst Tech Private Limited
Finasyst Tech Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kay Aar Decobuild Private Limited | ₹50.4 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Delhi, India |
| R.K. Fins and Advisory Private Limited | ₹50.36 Lakh (FY 2020) | •••• | •••• | -21.0% | •••• | Ahmedabad, Gujarat, India |
| Speed Financial Solutions Private Limited | ₹50.34 Lakh (FY 2024) | •••• | •••• | 495.0% | •••• | Hyderabad, Telangana, India |
| Spectra Properties Private Limited | ₹50.32 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Krold Mfins Private Limited | ₹50.29 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Finasyst Tech Private Limited this company | ₹50.28 Lakh (FY 2025) | •••• | •••• | 977.0% | •••• | Nagpur, Maharashtra, India |
| Kanti Prasad Finvest Private Limited | ₹50.26 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Signature Financial Services Private Limited | ₹50.24 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Anson Fincorp Nidhi Limited | ₹50.22 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Kochi, Kerala, India |
| Raj-Jay Investment Pvt Ltd | ₹50.2 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Ahmedabad, Gujarat, India |
| Mihir Trading Private Limited | ₹50.19 Lakh (FY 2025) | •••• | •••• | 508.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Finasyst Tech by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Finasyst Tech Private Limited
Finasyst Tech Private Limited is audited by Shridhar Desai & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shridhar Desai & 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 Finasyst Tech Private Limited
Finasyst Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjog Prabhudas Bawane | Managing Director | 31 Aug 2022 | 4 Years 1 Months | Current |
| Vikrant Prabhudas Bawane Also directs: Tricorpsys LLP | Director | 09 Feb 2024 | 2 Years 8 Months | Current |
Ownership and Shareholding of Finasyst Tech 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 Finasyst Tech Private Limited
Finasyst Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Finasyst Tech Private Limited
Finasyst Tech Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹11 Lakh; the latest was in December 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Funding round | ₹11 Lakh | Investors: 4 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Finasyst Tech Private Limited
Finasyst Tech operates one associated brand: Finasyst. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Credit technology solutions tailored for rural and semi-urban financial services in India. | finasyst.in |
Employees and EPFO Compliance at Finasyst Tech Private Limited
Finasyst Tech Private Limited has a workforce of 0 employees as of Apr 01, 2024.
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 Finasyst Tech Private Limited
Finasyst Tech Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Prasanna Sanjog Bawane ceased to be Director on 31 Aug 2025.
Credit Ratings, Litigation & Regulatory Alerts for Finasyst Tech 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 Finasyst Tech 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 Finasyst Tech 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 Finasyst Tech Private Limited
Finasyst Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCF2039Q1Z8 | Maharashtra | Active | 22 Dec 2023 |
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 Finasyst Tech 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 Finasyst Tech Private Limited
Finasyst Tech is an active private limited company based in Nagpur, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 31 August 2022 (4+ years old) and is registered under CIN U72900MH2022PTC389728.
Finasyst Tech reported revenue of ₹50.28 Lakh for FY 2025 (up 977% YoY).
Finasyst Tech has 2 current directors:
- Sanjog Prabhudas Bawane - Managing Director
- Vikrant Prabhudas Bawane - Director
Finasyst Tech reported a net profit of ₹1.44 Lakh (net margin 2.9%) and EBITDA of ₹13.79 Lakh (EBITDA margin 27.4%) for FY 2025, as per its filed financial statements.
The GSTIN of Finasyst Tech is 27AAFCF2039Q1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finasyst Tech is U72900MH2022PTC389728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finasyst Tech was incorporated on 31 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Nagpur.
Finasyst Tech has 1 deal on record (1 funding round), with disclosed funding of ₹11 Lakh; the latest was in December 2022.
The peers of Finasyst Tech by revenue are Kay Aar Decobuild Private Limited, R.K. Fins and Advisory Private Limited, Speed Financial Solutions Private Limited, Spectra Properties Private Limited, Krold Mfins Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Prasanna Sanjog Bawane ceased to be Director on 31 Aug 2025. Vikrant Prabhudas Bawane was appointed as Director on 09 Feb 2024. Prasanna Sanjog Bawane was appointed as Director on 31 Aug 2022. Finasyst Tech has 4 board changes on record in total.
Yes, Finasyst Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).