Finco Holdings Private Limited
About Finco Holdings Private Limited
Data last updated:
Finco Holdings Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1994PTC027510.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.08 Lakh. It is led by directors including Shreehari Shete and Sriram Sunil Shete.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 89 Ivth Floor Harddev Chamber Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2024, the company reported a revenue of ₹42,555, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹28,382 (net margin -66.7%) and EBITDA of -₹27,645 (EBITDA margin -65%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 40% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Finco Holdings Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address89 Ivth Floor Harddev Chamber Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Finco Holdings 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
Business activity
The main business activity of Finco Holdings is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Finco Holdings Private Limited, buy the company report.
Financials of Finco Holdings Private Limited
FY 2024 filings availableFinco Holdings Private Limited reported revenue of ₹42,555 (down 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 91% fall in the latest year. EBITDA fell 150% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹42,555 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹27,645 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28,382 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -65% | ||||
| Net Profit Margin | -66.7% | ||||
| 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 Finco Holdings Private Limited, buy the company report.
Board of directors of Finco Holdings Private Limited
Finco Holdings has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreehari Shete Also directs: Bluelorry Movers Private Limited | Director | 22 Mar 2013 | 13 Years 7 Months | Current |
| Sriram Sunil Shete Also directs: Fairmacs Shipping & Transport Services Private Limited | Director | 22 Mar 2013 | 13 Years 7 Months | Current |
| Ishita Shete Also directs: Bluelorry Movers Private Limited | Additional Director | 10 Jun 2019 | 7 Years 5 Months | Current |
Peer comparison
Finco Holdings Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mantri Complex Private Limited | ₹43,010 (FY 2024) | 38.0% | Kolkata, West Bengal, India | |||
| Aradhana Vyapaar Private Limited | ₹42,600 (FY 2025) | 23.0% | Kanpur, Uttar Pradesh, India | |||
| Finco Holdings Private Limitedthis company | ₹42,555 (FY 2024) | -₹28,382 | -66.7% | -91.0% | Chennai, Tamil Nadu, India | |
| Global Assets Reconstruction Company Private Limited | ₹42,036 (FY 2025) | -81.0% | New Delhi, Delhi, India |
To see the full peer comparison of Finco Holdings Private Limited, buy the company report.
Auditor
Finco Holdings Private Limited is audited by G.GHANSHYAM & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.GHANSHYAM & ASSOCIATES | FY 2024 | 027443 |
Shareholding
The shareholding of Finco Holdings Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Finco Holdings Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finco Holdings 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 Finco Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Finco Holdings Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Finco Holdings Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Ishita Shete was appointed as Additional Director on 10 Jun 2019.
Frequently asked questions
Finco Holdings is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 May 1994 (32+ years old) and is registered under CIN U65991TN1994PTC027510.
Finco Holdings has 3 current directors:
- Shreehari Shete - Director
- Sriram Sunil Shete - Director
- Ishita Shete - Additional Director
The latest financial statements of Finco Holdings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Finco Holdings is U65991TN1994PTC027510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finco Holdings was incorporated on 10 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Finco Holdings by revenue are Mantri Complex Private Limited, Aradhana Vyapaar Private Limited, Global Assets Reconstruction Company Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Ishita Shete was appointed as Additional Director on 10 Jun 2019. Dattatreya Ramakrishna Shete ceased to be Director on 22 Mar 2013. Shreehari Shete was appointed as Director on 22 Mar 2013. Finco Holdings has 5 board changes on record in total.
The registered office of Finco Holdings is at 89 Ivth Floor Harddev Chamber Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600001.
Finco Holdings operates in the financial services industry, in the diversified financial services segment.
The compliance status of Finco Holdings is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.
Finco Holdings can be reached at its registered office: 89 Ivth Floor Harddev Chamber Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600001.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
