About Finaxo Solutions India Private Limited
Data last updated:
Finaxo Solutions India Private Limited is a private limited company based in Delhi, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 05 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2020PTC361467. Its GSTIN is 07AAECF0155A1ZB (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahit Kumar and Ankit Garg.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Unit No. 512 – 514 S.G. Shopping Mall D.C. Chowk Sector – 9 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2022, the company reported a revenue of ₹51.97 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹22,816 (net margin 0.4%) and EBITDA of ₹30,832 (EBITDA margin 0.6%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finaxosolutions.com.
Company details
Contact details
Finaxo Solutions India Private Limited's registered office is in Delhi, Delhi. Its website is finaxosolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 512 – 514 S.G. Shopping Mall D.C. Chowk Sector – 9 Rohini, Delhi, India – 110085
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Finaxo Solutions India 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
Business activity
The main business activity of Finaxo Solutions India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Finaxo Solutions India Private Limited, buy the company report.
Financials of Finaxo Solutions India Private Limited
FY 2022 filings availableFinaxo Solutions India Private Limited reported revenue of ₹51.97 Lakh (up 160% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 160% in the latest year. EBITDA fell 57% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| 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 | ₹30,832 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹22,816 | ||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.6% | ||
| Net Profit Margin | 0.4% | ||
| 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 Finaxo Solutions India Private Limited, buy the company report.
Board of directors of Finaxo Solutions India Private Limited
Finaxo Solutions India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahit Kumar Also directs: Divye Producer Company Limited, Mrs Future India Private Limited | Director | 05 Feb 2020 | 6 Years 9 Months | Current |
| Ankit Garg Also directs: Tathastu Mid Brain Activation Institute LLP, Ullukart E Commerce Private Limited, Travelift Holidays Private Limited and 3 more | Director | 05 Feb 2020 | 6 Years 9 Months | Current |
Shareholding
The shareholding of Finaxo Solutions India Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Finaxo Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finaxo Solutions India 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 Finaxo Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finaxo Solutions India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECF0155A1ZB | Delhi | Active | 19 Mar 2020 |
| 06AAECF0155A1ZD | Haryana | Active | 07 May 2021 |
To see the full GST registrations and return filing status of Finaxo Solutions India Private Limited, buy the company report.
Recent activity
Finaxo Solutions India Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ankit Garg was appointed as Director on 05 Feb 2020.
Frequently asked questions
Finaxo Solutions India is an active private limited company based in Delhi, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 05 February 2020 (6+ years old) and is registered under CIN U74999DL2020PTC361467.
Finaxo Solutions India has 2 current directors:
- Mahit Kumar - Director
- Ankit Garg - Director
The latest financial statements of Finaxo Solutions India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Finaxo Solutions India is 07AAECF0155A1ZB, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAECF0155A1ZD (Haryana).
The CIN (Corporate Identification Number) of Finaxo Solutions India is U74999DL2020PTC361467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finaxo Solutions India was incorporated on 05 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Ankit Garg was appointed as Director on 05 Feb 2020. Mahit Kumar was appointed as Director on 05 Feb 2020.
Finaxo Solutions India can be reached through the website finaxosolutions.com. Its registered office is in Delhi, India.
The registered office of Finaxo Solutions India is at Unit No. 512 – 514 S.G. Shopping Mall D.C. Chowk Sector – 9 Rohini, Delhi, India – 110085.
Finaxo Solutions India operates in the internet industry, in the online service marketplaces segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
