Startup India Government of India
Ferrymill Financial Technology Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹10.17 Cr
▲ 47% YoY
Net loss · FY 2023
₹1.9 Cr
Net margin -18.7%
EBITDA · FY 2023
-₹1.83 Cr
EBITDA margin -18%
Authorised capital
₹31.3 Cr
Registered with MCA
Paid-up capital
₹29.63 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
3
Provident fund records
Directors on board
2
As per MCA filings
About Ferrymill Financial Technology Private Limited
Data last updated:
Ferrymill Financial Technology Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ferrymill Limited and recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 02 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65100KA2019PTC119947. Its GSTIN is 29AADCF6049C1ZP (Karnataka).
The company has an authorised share capital of ₹31.3 Cr and a paid-up capital of ₹29.63 Cr. It is led by directors Mikhail Anatolevich Gorokhov and Rashmi Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Cowrks Rmz Infinity Ground Floor No.3 Old Madras Road Bennigana Halli, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.17 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹1.9 Cr (net margin -18.7%) and EBITDA of -₹1.83 Cr (EBITDA margin -18%). Revenue has grown at a compounded annual rate (CAGR) of 484% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Loaney.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website loaney.in.
Company details
CIN U65100KA2019PTC119947
Registration Number 119947
Incorporation Date 02 January 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Ferrymill Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Ferrymill Financial Technology has one previous CIN (Corporate Identification Number): U65990KA2019PTC119947. The current CIN is U65100KA2019PTC119947, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100KA2019PTC119947 | Current |
| U65990KA2019PTC119947 | Previous |
Recognitions & Rankings of Ferrymill Financial Technology
Contact details
Ferrymill Financial Technology Private Limited's registered office is in Bangalore, Karnataka. Its website is loaney.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressCowrks Rmz Infinity Ground Floor No.3 Old Madras Road Bennigana Halli, Bangalore, Karnataka, India – 560016
- IndustryInternet, Online Financial Services
To see the full contact details of Ferrymill Financial Technology Private Limited, buy the company report.
Comprehensive company report
Ferrymill Financial Technology 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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Business activity
The main business activity of Ferrymill Financial Technology 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 Ferrymill Financial Technology Private Limited, buy the company report.
Financials of Ferrymill Financial Technology Private Limited
FY 2023 filings availableFerrymill Financial Technology Private Limited reported revenue of ₹10.17 Cr (up 47% YoY) for FY 2023.
Revenue · FY 2023
₹10.17 Cr ▲ 47%
Net loss · FY 2023
₹1.9 Cr margin -18.7%
EBITDA · FY 2023
-₹1.83 Cr margin -18%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 484%
EBITDA CAGR growth
1 year
▲ 79%
3 years · compounded
▼ 57%
Revenue has grown at a compounded annual rate (CAGR) of 484% over three years, including 47% growth in the latest year. EBITDA rose 79% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.9 Cr | ||||
| 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 | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18% | ||||
| Net Profit Margin | -18.7% | ||||
| 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 Ferrymill Financial Technology Private Limited, buy the company report.
Board of directors of Ferrymill Financial Technology Private Limited
Ferrymill Financial Technology has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mikhail Anatolevich Gorokhov Also directs: Finmill Finance Private Limited | Director | 07 Nov 2022 | 3 Years 11 Months | Current |
| Rashmi Singh | Director | 07 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Ferrymill Financial Technology Private Limited is audited by BSJ & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSJ & Associates | FY 2023 | 010560S |
Shareholding
The shareholding of Ferrymill Financial Technology Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ferrymill Financial Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ferrymill Financial Technology 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 Ferrymill Financial Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ferrymill Financial Technology Private Limited has a workforce of 3 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-83.33%
GST
Ferrymill Financial Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF6049C1ZP | Karnataka | Active | 09 May 2019 |
To see the full GST registrations and return filing status of Ferrymill Financial Technology Private Limited, buy the company report.
Recent activity
Ferrymill Financial Technology Private Limited has 6 board changes on record since 2022: 2 appointments and 4 cessations. The latest: Mikhail Anatolevich Gorokhov ceased to be Additional Director on 29 Sep 2023.
AGM
Ferrymill Financial Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Mikhail Anatolevich Gorokhov ceased to be Additional Director.
Ceased
Rashmi Singh ceased to be Additional Director.
Ceased
Srinivasan Keshavan ceased to be Director.
Filing
Ferrymill Financial Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Saket Agarwal ceased to be Director.
Appointed
Mikhail Anatolevich Gorokhov was appointed as Director.
Appointed
Rashmi Singh was appointed as Director.
Incorporation
02 Jan 2019
Ferrymill Financial Technology Private Limited was registered on 02 Jan 2019 with Roc Bangalore & aged 7 years 9 months as per MCA records.
Frequently asked questions
Ferrymill Financial Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 02 January 2019 (7+ years old) and is registered under CIN U65100KA2019PTC119947.
Ferrymill Financial Technology has 2 current directors:
- Mikhail Anatolevich Gorokhov - Director
- Rashmi Singh - Director
The latest financial statements of Ferrymill Financial Technology on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ferrymill Financial Technology is 29AADCF6049C1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Ferrymill Financial Technology is U65100KA2019PTC119947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ferrymill Financial Technology was incorporated on 02 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Mikhail Anatolevich Gorokhov ceased to be Additional Director on 29 Sep 2023. Rashmi Singh ceased to be Additional Director on 29 Sep 2023. Srinivasan Keshavan ceased to be Director on 08 Jun 2023. Ferrymill Financial Technology has 6 board changes on record in total.
Yes, Ferrymill Financial Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ferrymill Financial Technology can be reached through the website loaney.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ferrymill Financial Technology is at Cowrks Rmz Infinity Ground Floor No.3 Old Madras Road Bennigana Halli, Bangalore, Karnataka, India – 560016.
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