About Finarray Wealth Private Limited
Data last updated:
Finarray Wealth Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 24 February 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67100GJ2022PTC129648. Its GSTIN is 24AAECF9434A1ZZ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sweta Biren Shah and Biren Mukeshbhai Shah.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.51 Lakh (net margin 4.8%) and EBITDA of ₹7.53 Lakh (EBITDA margin 6.6%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finarraywealth.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1014 Iconic Shyamal, Shyamal Cross Road, Ahmedabad, Gujarat, India – 380015
- IndustryInternet, Online 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 Finarray Wealth Private Limited
The main business activity of Finarray Wealth is professional, scientific and technical. In detail, this covers legal activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M1 | Legal 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 Finarray Wealth Private Limited FY 2025 filings available
Finarray Wealth Private Limited reported revenue of ₹1.14 Cr (up 175% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Finarray Wealth Private Limited
Revenue rose 175% in the latest year. EBITDA rose 156% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Finarray Wealth Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹7.53 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.51 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 Finarray Wealth Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• |
| Net Profit Margin | 4.8% | •••• | •••• | •••• |
| 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 Finarray Wealth are in the company report.
Financial statements from FY 2022
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 Finarray Wealth Private Limited
Finarray Wealth Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Convergent Finance LLP | ₹1.15 Cr (FY 2021) | •••• | •••• | -64.0% | •••• | Mumbai, Maharashtra, India |
| Sernet Financial Services Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Gramotthan Micro Finance Company | ₹1.14 Cr (FY 2017) | •••• | •••• | 19.0% | •••• | Kushinagar, Uttar Pradesh, India |
| Ricavi Finance Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Ahmedabad, Gujarat, India |
| Kiyansh Finance Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 94.0% | •••• | Bangalore, Karnataka, India |
| Finarray Wealth Private Limited this company | ₹1.14 Cr (FY 2025) | •••• | •••• | 175.0% | •••• | Ahmedabad, Gujarat, India |
| Credscoop India Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Noida, Uttar Pradesh, India |
| Tigris Sustainability Finance Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Roonwal Finance Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Sowcarpet, Madras, Tamil Nadu, India |
| Upnivaa Fintech Private Limited | ₹1.13 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Delhi, India |
| David J Financial Services Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | 30533.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Finarray Wealth by revenue in the Ecommerce and Internet industry (Finance), 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 Finarray Wealth Private Limited
Finarray Wealth Private Limited is audited by Nimit B. Shah & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nimit B. Shah & Co. | 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 Finarray Wealth Private Limited
Finarray Wealth has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sweta Biren Shah Also directs: WB Insurance Marketing LLP | Director | 24 Feb 2022 | 4 Years 7 Months | Current |
| Biren Mukeshbhai Shah Also directs: Finarray Capital Private Limited, Finarray Imf Private Limited | Director | 19 Apr 2025 | 1 Years 5 Months | Current |
Ownership and Shareholding of Finarray Wealth 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 Finarray Wealth Private Limited
Finarray Wealth Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Finarray Wealth Private Limited
Finarray Wealth Private Limited has a workforce of 0 employees as of Apr 08, 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 Finarray Wealth Private Limited
Finarray Wealth Private Limited has 9 board changes on record since 2022: 4 appointments and 5 cessations. The latest: Biren Mukeshbhai Shah ceased to be Additional Director on 21 Apr 2025.
Credit Ratings, Litigation & Regulatory Alerts for Finarray Wealth 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 Finarray Wealth 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 Finarray Wealth 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 Finarray Wealth Private Limited
Finarray Wealth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECF9434A1ZZ | Gujarat | Active | 13 Apr 2022 |
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 Finarray Wealth 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 Finarray Wealth Private Limited
Finarray Wealth is an active private limited company based in Ahmedabad, Gujarat, India. The company works in online financial services, within the internet industry. It was incorporated on 24 February 2022 (4+ years old) and is registered under CIN U67100GJ2022PTC129648.
Finarray Wealth reported revenue of ₹1.14 Cr for FY 2025 (up 175% YoY).
Finarray Wealth has 2 current directors:
- Sweta Biren Shah - Director
- Biren Mukeshbhai Shah - Director
Finarray Wealth reported a net profit of ₹5.51 Lakh (net margin 4.8%) and EBITDA of ₹7.53 Lakh (EBITDA margin 6.6%) for FY 2025, as per its filed financial statements.
The GSTIN of Finarray Wealth is 24AAECF9434A1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Finarray Wealth is U67100GJ2022PTC129648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finarray Wealth was incorporated on 24 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Finarray Wealth by revenue are Convergent Finance LLP, Sernet Financial Services Private Limited, Gramotthan Micro Finance Company, Ricavi Finance Private Limited, Kiyansh Finance Private Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Biren Mukeshbhai Shah ceased to be Additional Director on 21 Apr 2025. Biren Mukeshbhai Shah was appointed as Director on 19 Apr 2025. Harshil Sunil Doshi ceased to be Additional Director on 19 Apr 2025. Finarray Wealth has 9 board changes on record in total.
Finarray Wealth can be reached through the website finarraywealth.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Finarray Wealth is at 1014 Iconic Shyamal, Shyamal Cross Road, Ahmedabad, Gujarat, India – 380015.