Eql Financial Technologies Private Limited - Company Profile

It is a internet private limited company based in Egmore Nungambakkam, Tamil Nadu, India, established in 2007.

2007 Egmore Nungambakkam, Tamil Nadu, India Active

Last Updated: February 06, 2026

About Eql Financial Technologies Private Limited

Eql Financial Technologies Private Limited, a active private limited company, was established on 19 June 2007 in Egmore Nungambakkam, Tamil Nadu, India. Engaging in online financial services within the financial and insurance service sector, it holds CIN: U65191TN2007PTC064017. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.80 Cr and a paid-up capital of ₹2.32 Cr.

Formerly known as Verve Financial Services Private Limited, Lionel Consultancy Private Limited. It upholds a compliant status. Employing 149 professional, Its leadership includes Lionel Jeshuran Charles (Managing Director), Ramasamy Sangilirajan (Director). Past directors included Shuba Charles, Charles Shilpa Carol, Lionel Jeshuran Charles. It holds ₹5.00 Cr open charges and ₹13.70 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Senar Riviera, No.408/7, Door No.70,, Spur Tank Road,, Egmore Nungambakkam, Tamil Nadu, 600031.

Company Details

CIN/LLPIN
U65191TN2007PTC064017
Registration Number
064017
Incorporation Date
19 June 2007
Authorized Capital
₹2.80 Cr
Paid-Up Capital
₹2.32 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.80 Cr as on 06-02-2026
Paid Up Capital ₹ 2.32 Cr as on 06-02-2026
Company Age 18 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 5.00 Cr as on 06-02-2026
Satisfied Charges ₹ 13.70 Cr as on 06-02-2026
Revenue Growth **** -56.65% (FY 2023)
Profit Growth **** -81.78% (FY 2023)
Ebitda **** -115.78% (FY 2023)
Net Worth -10.19% (FY 2023)
Total Assets **** 7.65% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Eql Financial Technologies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Eql Financial Technologies Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Lionel Jeshuran Charles	Managing Director	15 Oct 2010	Current
Ramasamy Sangilirajan	Director	08 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	16 Apr 2012	Past
Pramod Abcsdd	Director	12 Dec 2012	Past
Pramod Abcsdd	Director	16 Oct 2010	Past

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Financial Performance of Eql Financial Technologies.

Eql Financial Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.65% decrease. The company also saw a substantial fall in profitability, with a 81.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.19%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-56.65%

*******

Revenue from Operations

*******

-66.80%

*******

Total Assets

*******

7.65%

*******

Profit or Loss

*******

-81.78%

*******

Net Worth

*******

-10.19%

*******

EBITDA

*******

-115.78%

*******

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What is the Ownership and Shareholding Structure of Eql Financial Technologies?

In 2023, Eql Financial Technologies had a promoter holding of 71.27% and a public holding of 28.73%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹50,000,000.00

Satisfied Charges

₹136,981,058.65

Charges Breakdown by Lending Institutions

Indian Overseas Bank : 5.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Jul 2025	Indian Overseas Bank	₹5.00 Cr	Open
29 Oct 2022	Others	₹5.00 Cr	Satisfied
20 Jan 2020	Others	₹1.33 M	Satisfied
23 Nov 2019	Others	₹2.17 M	Satisfied
07 Nov 2019	Others	₹3.44 M	Satisfied

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How Many Employees Work at Eql Financial Technologies?

Eql Financial Technologies has a workforce of 149 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Eql Financial Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Eql Financial Technologies's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Eql Financial Technologies

Recent Activity within the Organization

Annual General Meeting

Progress on Eql Financial Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Charges

The activity A charge registered on 29 Oct 2022 via Charge ID 100660386 with Others was fully satisfied on 01 Aug 2025. was completed.
01 Aug 2025
Charges

The activity A charge registered on 14 Jan 2019 via Charge ID 100232766 with Others was fully satisfied on 01 Aug 2025. was completed.
01 Aug 2025
Charges

A charge with Indian Overseas Bank amounted to Rs. 5.00 Cr with Charge ID 101145327 was registered on 23 Jul 2025. was recorded as a recent event.
23 Jul 2025
Director Appointment

The activity Ramasamy Sangilirajan was appointed as a Director was appointed as a Director on 08 Jul 2025 & has been associated with this company since 8 months 1 day . was completed.
08 Jul 2025
Balance Sheet

The activity Eql Financial Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was completed.
31 Mar 2025

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