About Finatel Technologies Private Limited
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Finatel Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT services segment of the services sector. It was incorporated on 03 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2010PTC078319. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramakrishna Menon Madhusoodhanan and Sabapathy Sambandam Rajesh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Janaki Apartments 3rd Floor 20/B Sardar Patel Rd Adayar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.84 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹1.95 Cr (net margin -68.6%) and EBITDA of -₹1.45 Cr (EBITDA margin -50.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Askme SMS and FinaTel. As per MCA filings, the company has open charges of ₹80 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finateltech.com.
Company details
Contact details
Finatel Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is finateltech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJanaki Apartments 3rd Floor 20/B Sardar Patel Rd Adayar, Chennai, Tamil Nadu, India – 600020
- IndustryService, Information Technology Services
To see the full contact details of Finatel Technologies 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
Brands
Finatel Technologies operates two associated brands: Askme SMS and FinaTel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A cloud-based platform for efficient SMS marketing services. | askmesms.com | |
| Delivers software development services to meet business needs. | finateltech.com |
Business activity
The main business activity of Finatel Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Finatel Technologies Private Limited, buy the company report.
Financials of Finatel Technologies Private Limited
FY 2019 filings availableFinatel Technologies Private Limited reported revenue of ₹2.84 Cr (down 64% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 297% 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
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| EBITDA | -₹1.45 Cr | ||||
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| Net Profit (PAT) | -₹1.95 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -50.9% | ||||
| Net Profit Margin | -68.6% | ||||
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To see the full financial statements and ratios of Finatel Technologies Private Limited, buy the company report.
Board of directors of Finatel Technologies Private Limited
Finatel Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishna Menon Madhusoodhanan | Director | 03 Dec 2010 | 15 Years 10 Months | Current |
| Sabapathy Sambandam Rajesh | Director | 03 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
Finatel Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metronlabs Software Technologies Private Limited | ₹2.85 Cr (FY 2022) | 42.0% | Bangalore, Karnataka, India | |||
| Yasmah Business Services Private Limited | ₹2.85 Cr (FY 2022) | 3003.0% | Hyderabad, Telangana, India | |||
| Beyond Root Technologies Services Private Limited | ₹2.85 Cr (FY 2025) | 71.0% | Mohali, Punjab, India | |||
| Ew Zone Solutions Private Limited | ₹2.85 Cr (FY 2025) | -70.0% | Mumbai, Maharashtra, India | |||
| Cloudcache Consulting Private Limited | ₹2.84 Cr (FY 2025) | -25.0% | Bangalore, Karnataka, India | |||
| Finatel Technologies Private Limitedthis company | ₹2.84 Cr (FY 2019) | -₹1.95 Cr | -68.6% | -64.0% | 74 | Chennai, Tamil Nadu, India |
| Jaysol Services Private Limited | ₹2.84 Cr (FY 2024) | -12.0% | Ahmedabad, Gujarat, India | |||
| Paul Asset Consultant Private Limited | ₹2.84 Cr (FY 2024) | 67.0% | Kolkata, West Bengal, India | |||
| Matchbox Media Private Limited | ₹2.84 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Evenforce Technologies Private Limited | ₹2.84 Cr (FY 2024) | 32.0% | Bangalore, Karnataka, India | |||
| Wellness of Women Private Limited | ₹2.83 Cr (FY 2025) | -25.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Finatel Technologies Private Limited, buy the company report.
Shareholding
The shareholding of Finatel Technologies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Finatel Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2013 | 10455943 | Hdfc Bank Limited | ₹80 Lakh | Open |
To see the full charge records of Finatel Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Finatel Technologies 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 Finatel Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Finatel Technologies Private Limited has a workforce of 74 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Finatel Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Finatel Technologies Private Limited, buy the company report.
Recent activity
Finatel Technologies Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Ramakrishna Menon Madhusoodhanan was appointed as Director on 03 Dec 2010.
Frequently asked questions
Finatel Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in information technology services, within the service industry. It was incorporated on 03 December 2010 (16+ years old) and is registered under CIN U72200TN2010PTC078319.
Finatel Technologies has 2 current directors:
- Ramakrishna Menon Madhusoodhanan - Director
- Sabapathy Sambandam Rajesh - Director
The latest financial statements of Finatel Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Finatel Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Finatel Technologies is U72200TN2010PTC078319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finatel Technologies was incorporated on 03 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Finatel Technologies by revenue are Metronlabs Software Technologies Private Limited, Yasmah Business Services Private Limited, Beyond Root Technologies Services Private Limited, Ew Zone Solutions Private Limited, Cloudcache Consulting Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Ramakrishna Menon Madhusoodhanan was appointed as Director on 03 Dec 2010. Sabapathy Sambandam Rajesh was appointed as Director on 03 Dec 2010.
Finatel Technologies can be reached through the website finateltech.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Finatel Technologies is at Janaki Apartments 3rd Floor 20B Sardar Patel Rd Adayar, Chennai, Tamil Nadu, India – 600020.
Finatel Technologies operates in the service industry, in the information technology services segment.