Finmomenta Private Limited - internet in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U74999KA2016PTC096514 Incorporated 16 September 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company internet
Revenue · FY 2018
₹1.11 Lakh
Latest filing
Net loss · FY 2018
₹84.94 Lakh
Latest filing
EBITDA · FY 2018
-₹84.61 Lakh
Latest filing
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.91 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Finmomenta Private Limited

Data last updated:

Finmomenta Private Limited was a private limited company based in Bangalore, Karnataka, 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 online financial services segment of the internet and digital services sector. It was incorporated on 16 September 2016.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC096514. Its GSTIN is 29AACCF9105E1ZR (Karnataka).

The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.91 Cr. It was led by directors including Prasanth Krishnam and Mahesh Brahma Khaderbad.

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 #G – 09 C Block Deepika Residency Nagavarapalya Main Road C V Raman Nagar, Bangalore, Karnataka, India – 560093.

As per the financials filed for FY 2018, the company reported a revenue of ₹1.11 Lakh. For the same year it recorded a net loss of ₹84.94 Lakh and EBITDA of -₹84.61 Lakh.

The company was associated with 2 brands: FinMomenta and TachyLoans. The company has 15 deals on record (15 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2019.

The last known website on record is finmomenta.com.

Company details

CIN U74999KA2016PTC096514
Registration Number 096514
Incorporation Date 16 September 2016
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Compliance Status Active Compliant

Contact details

Finmomenta Private Limited's registered office is in Bangalore, Karnataka. Its website is finmomenta.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    #G – 09 C Block Deepika Residency Nagavarapalya Main Road C V Raman Nagar, Bangalore, Karnataka, India – 560093
  • Industry
    Internet, Online Financial Services

To see the full contact details of Finmomenta Private Limited, buy the company report.

Comprehensive company report
Finmomenta 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

Finmomenta operates two associated brands: FinMomenta and TachyLoans. Each brand links to its own profile.

BrandDescriptionWebsite
Offers an online platform for consumer loans.finmomenta.com
Offers online collateral-free loans for education and professional courses in India.tachyloans.com

Business activity

The main business activity of Finmomenta is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Finmomenta Private Limited, buy the company report.

Financials of Finmomenta Private Limited

FY 2018 filings available

Finmomenta Private Limited reported revenue of ₹1.11 Lakh for FY 2018.

Revenue · FY 2018
₹1.11 Lakh
Net loss · FY 2018
₹84.94 Lakh
EBITDA · FY 2018
-₹84.61 Lakh

Financial Statement Summary

MetricsFY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations₹1.11 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹84.61 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹84.94 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

MetricsFY 2017-18FY 2016-17
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 Finmomenta Private Limited, buy the company report.

Board of directors of Finmomenta Private Limited

Finmomenta has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Prasanth KrishnamDirector16 Sep 201610 Years 1 MonthsAs last reported
Naveen MadgulaAdditional Director26 Feb 20188 Years 8 MonthsAs last reported
Mahesh Brahma KhaderbadDirector16 Sep 201610 Years 1 MonthsAs last reported
Praveen KrishnamDirector16 Sep 201610 Years 1 MonthsAs last reported

Auditor

Finmomenta Private Limited is audited by M VENKATACHALAM & ASSOCIATES for the financial year 2018.

Auditor firmFinancial yearFirm registration number
M VENKATACHALAM & ASSOCIATESFY 2018011502S

Shareholding

The shareholding of Finmomenta Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Finmomenta Private Limited, buy the company report.

Deals & funding

Finmomenta Private Limited has 15 deals on record (15 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2019.

Total deals
15
Funding rounds
15
Disclosed funding
₹1.34 Cr

Deals on record (5 of 15)

WhenDealAmountParties
Mar 2019Funding round₹5 LakhInvestors: an individual
Dec 2018Funding round₹1.4 LakhInvestors: an individual
Jun 2018Funding round₹3.8 LakhInvestors: an individual
May 2018Funding round₹13.5 LakhInvestors: FinMomenta Singapore Private Limited
Mar 2018Funding round₹3.6 LakhInvestors: FinMomenta Singapore Private Limited

To see the full deal history of Finmomenta Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Finmomenta Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Finmomenta has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCF9105E1ZRKarnatakaActive06 Sep 2017

To see the full GST registrations and return filing status of Finmomenta Private Limited, buy the company report.

Recent activity

Finmomenta Private Limited has 7 board changes on record since 2016: 4 appointments and 3 cessations. The latest: Naveen Madgula ceased to be Director on 16 Dec 2020.

Ceased
Naveen Madgula ceased to be Director.
AGM
Finmomenta Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Finmomenta Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Appointed
Naveen Madgula was appointed as Additional Director.
Ceased
Sailaja Madgula ceased to be Director.
Ceased
Venkata Satya Ramya Ravuri ceased to be Director.
Appointed
Mahesh Brahma Khaderbad was appointed as Director.
Appointed
Prasanth Krishnam was appointed as Director.
Appointed
Praveen Krishnam was appointed as Director.
Incorporation
16 Sep 2016
Finmomenta Private Limited was registered on 16 Sep 2016 with Roc Bangalore & aged 10 years 1 month as per MCA records.

News

TachyLoans to raise $5 m
27 Jun 2017 · Business Line
FinMomenta launches P2P lending platform 'Tachyloans'
02 May 2017 · Diligent Media Corporation

Frequently asked questions

Finmomenta 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.

Finmomenta was a private limited company based in Bangalore, Karnataka, India. The company worked in online financial services, within the internet industry. It was incorporated on 16 September 2016 and is registered under CIN U74999KA2016PTC096514. The company has been struck off by the Registrar of Companies and is no longer operational.

Finmomenta had 4 directors:

The CIN (Corporate Identification Number) of Finmomenta is U74999KA2016PTC096514. 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 Finmomenta is at #G – 09 C Block Deepika Residency Nagavarapalya Main Road C V Raman Nagar, Bangalore, Karnataka, India – 560093.

Finmomenta was incorporated on 16 September 2016. It is registered with the Registrar of Companies, Bangalore.

Finmomenta can be reached through the website finmomenta.com. Its registered office is in Bangalore, Karnataka, India.

The latest financial statements of Finmomenta 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 2017 are in the company report.

The GSTIN of Finmomenta is 29AACCF9105E1ZR, registered in Karnataka.

Finmomenta operated in the internet industry, in the online financial services segment. It worked in this industry before it was struck off.