Finaxar Technology Solutions Private Limited

Finaxar Technology Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U74999MH2018FTC313820 Incorporated 10 September 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Dissolved Under Section 59(8) Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹2.21 Cr
▼ 51.00% YoY
EBITDA · FY 2024
*****
▲ 24.00% YoY
Net profit · FY 2024
*****
▲ 32.00% YoY
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
6
Latest available

About Finaxar Technology Solutions Private Limited

Data last updated: 26 July 2025

Finaxar Technology Solutions Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Finaxar Holdings Pte. Ltd.. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It specialised in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 10 September 2018.

Registered with ROC Mumbai under CIN U74999MH2018FTC313820.

Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors Amit Prakash Nerurkar and Shubham Gupta.

Last AGM: 23 May 2024. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.21 Cr, a decline of 51% compared to the previous year.

The company had a reported workforce of approximately 6 employees prior to being dissolved. It operated as a subsidiary of Finaxar Holdings Pte. Ltd..

The company was associated with 1 brand - Finaxar.

The company has been dissolved and no longer exists as a legal entity under the Companies Act. Any contracts or dealings with a dissolved entity may be legally unenforceable. The last known website on record is finaxar.com.

Company Details of Finaxar Technology Solutions Private Limited
CIN U74999MH2018FTC313820
Registration Number 313820
Incorporation Date 10 September 2018
ROC Mumbai
Listing Status Unlisted
Company Status Dissolved Under Section 59(8)
Date of Last AGM 23 May 2024
Date of Balance Sheet 31 March 2024
Parent Company Finaxar Holdings Pte. Ltd.
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    Level 1 First International Financial Center Plot Nos.C – 54 And C – 55 G Block Bandra, Kurla Comp, Mumbai, Maharashtra, India – 400051
  • Industry
    Information Technology, IT Consulting & Support Services
Company report
Finaxar Technology Solutions Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Finaxar Technology Solutions Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Finaxar Technology Solutions Private Limited

Finaxar Technology Solutions Private Limited operates one associated brand: Finaxar. These brands represent Finaxar Technology Solutions Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Accounting software is developed for small and medium enterprises. finaxar.com

Competitors & Alternatives of Finaxar Technology Solutions Private Limited

Brands and companies operating in the same space as Finaxar Technology Solutions Private Limited include Greensill, GE Capital, Hong Leong Finance and 3 more.

Competitor Description Location Founded
Greensill Greensill Working capital loans are provided through financial market mechanisms. London, United Kingdom, United Kingdom 2011
GE Capital GE Capital Commercial aircraft and equipment leasing and lending services are provided. United States 1932
Hong Leong Finance Hong Leong Finance Financial services are provided by Hong Leong Finance in Singapore. Singapore, Singapore, Singapore 1961
Place Technology Place Technology Cloud-based financial planning and forecasting software for businesses Austin, United States, United States 2018
Calqulate Calqulate Cloud-based financial forecasting and budgeting software is offered for businesses. Helsinki, Finland, Finland 2019
Carabao Capital Carabao Capital Provides comprehensive solutions for diversified SME loans. Singapore, Singapore, Singapore 2015

Business Activity of Finaxar Technology Solutions Private Limited

Finaxar Technology Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J6 Computer programming, consultancy and related activities *********

Auditor Details of Finaxar Technology Solutions Private Limited

Finaxar Technology Solutions Private Limited is audited by MUKUND & ROHIT for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
MUKUND & ROHIT blur-value blur-value blur-value

Board of Directors of Finaxar Technology Solutions Private Limited

Finaxar Technology Solutions Private Limited is currently managed by 2 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Amit Prakash Nerurkar Director 10 Aug 2021 4 Years 10 Months As last reported
Shubham Gupta Director 08 Jun 2024 2 Years 1 Months As last reported

Financials of Finaxar Technology Solutions Private Limited FY 2024 filings available

Finaxar Technology Solutions Private Limited reported revenue of ₹2.21 Cr (down 51% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹2.21 Cr ▼ -51%
Profit
***** ▲ 32%
EBITDA
***** ▲ 24%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Finaxar Technology Solutions Private Limited

As of FY 2023, Finaxar Technology Solutions Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings Finaxar Technology Solutions Private Limited

Finaxar Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Finaxar Technology Solutions Private Limited

Finaxar Technology Solutions Private Limited has a workforce of 6 employees as of Apr 06, 2024.

Employee count
6
Active EPFO establishments
1
Employee growth
-33.33%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Finaxar Technology Solutions Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Finaxar Technology Solutions Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Finaxar Technology Solutions Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Finaxar Technology Solutions Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Finaxar Technology Solutions Private Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Finaxar Technology Solutions Private Limited

MSME Payment Delays by Finaxar Technology Solutions Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Finaxar Technology Solutions Private Limited

Subsidiaries & Group Companies of Finaxar Technology Solutions Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Finaxar Technology Solutions Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Finaxar Technology Solutions Private Limited

MCA Filings & Documents of Finaxar Technology Solutions Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Finaxar Technology Solutions Private Limited

Directors
08 Jun 2024
Shubham Gupta was appointed as a Director on 08 Jun 2024 & has been associated with this company since 2 years 1 month.
Activity
23 May 2024
Finaxar Technology Solutions Private Limited last Annual general meeting of members was held on 23 May 2024 as per latest MCA records.
Activity
31 Mar 2024
Finaxar Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Directors
10 Aug 2021
Amit Prakash Nerurkar was appointed as a Director on 10 Aug 2021 & has been associated with this company since 4 years 10 months.
Activity
10 Sep 2018
Finaxar Technology Solutions Private Limited was registered on 10 Sep 2018 with Roc Mumbai & aged 7 years 9 months as per MCA records.

Frequently Asked Questions about Finaxar Technology Solutions Private Limited

Finaxar Technology Solutions Private Limited has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.

Finaxar Technology Solutions Private Limited is a dissolved under section 59(8) foreign private limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 10 September 2018 and is registered under CIN U74999MH2018FTC313820. The company was dissolved under section 59(8) as per MCA records and no longer exists as a legal entity.

Finaxar Technology Solutions Private Limited was incorporated on 10 September 2018. Registered with ROC Mumbai.

The current directors of Finaxar Technology Solutions Private Limited are:

The CIN (Corporate Identification Number) of Finaxar Technology Solutions Private Limited is U74999MH2018FTC313820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Finaxar Technology Solutions Private Limited is information technology. The company specifically operates in IT consulting and support services.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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