Finbro Technologies Private Limited
About Finbro Technologies Private Limited
Data last updated:
Finbro Technologies Private Limited was a private limited company based in Bengaluru, Karnataka, India. 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 operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 29 August 2019.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC127499.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.38 Lakh. It was led by director Miryala Venkata Murali Krishna.
Its last annual general meeting (AGM) was held on 18 April 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Ca Site No.1 Hal 3rd Stage Behind Hotel Leela Palace Kodihalli, Bengaluru, Karnataka, India – 560008.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.81 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹6.35 Cr and EBITDA of -₹6.32 Cr.
The company was associated with 1 brand: Finbro Technologies.
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- Registered AddressCa Site No.1 Hal 3rd Stage Behind Hotel Leela Palace Kodihalli, Bengaluru, Karnataka, India – 560008
- IndustryInformation Technology, Other Computer Related Activities
- 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
Associated Brands with Finbro Technologies Private Limited
Finbro Technologies operates one associated brand: Finbro Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a digital lending platform for accessible consumer loans. | finbrotech.in |
Competitors & Alternatives of Finbro Technologies Private Limited
Brands and companies operating in the same space as Finbro Technologies Private Limited include Stashfin, Money View, LendenClub and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Stashfin | Digital lending and instant credit lines are provided to individuals. | Gurugram, India | 2016 |
 Money View | Loans, credit cards, gold investments, insurance, and UPI are provided. | Bengaluru, India | 2014 |
 LendenClub | Developer of a P2P lending platform for personal loans | Mumbai, India | 2015 |
 Kissht | Personal, business, and property loans are provided by Kissht. | Mumbai, India | 2015 |
 Fibe | Fibe is recognized as India's largest lending platform for instant credit solutions. | Pune, India | 2015 |
 mPokket | Provider of a digital lending platform offering instant personal loans to underserved youth, providing financial solutions through a mobile app | Kolkata, India | 2016 |
 CASHe | Online instant personal loans are provided to salaried professionals. | Mumbai, India | 2016 |
 Branch | Branch is focused on providing faster workforce payment solutions. | Minneapolis, United States | 2015 |
 Finnable | Online personal loans with minimal documentation are offered digitally. | Bengaluru, India | 2015 |
 True Balance | Personal loans and prepaid instruments are provided via mobile wallet. | Gurugram, India | 2014 |
Board of Directors and KMP of Finbro Technologies Private Limited
Finbro Technologies Private Limited currently reports 1 director and 1 key managerial person.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Miryala Lakshmi Srinivasa Rao Also directs: Wepywepy Fintech Private Limited | Ceo | 19 Sep 2019 | 7 Years 0 Months | As last reported |
| Miryala Venkata Murali Krishna | Director | 29 Aug 2019 | 7 Years 1 Months | As last reported |
Financials of Finbro Technologies Private Limited FY 2022 filings available
Finbro Technologies Private Limited reported revenue of ₹7.81 Lakh (down 97% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Finbro Technologies Private Limited
Revenue fell 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Finbro Technologies Private Limited
| 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 | -₹6.32 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.35 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 | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Finbro Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Finbro Technologies are in the company report.
Financial statements from FY 2020
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.
Charges & Borrowings of Finbro Technologies Private Limited
Finbro Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Finbro Technologies Private Limited
Employment history and EPFO contributions of people linked to Finbro Technologies.
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.
GST Compliance of Finbro Technologies Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Finbro Technologies 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 Finbro Technologies 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 Finbro Technologies 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.
MCA Filings & Documents of Finbro Technologies 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.
Recent Activity on Finbro Technologies Private Limited
Frequently Asked Questions about Finbro Technologies Private Limited
Finbro Technologies 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.
Finbro Technologies was a private limited company based in Bengaluru, Karnataka, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 29 August 2019 and is registered under CIN U72900KA2019PTC127499. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Finbro Technologies was incorporated on 29 August 2019. It is registered with the Registrar of Companies, Bangalore.
Finbro Technologies had 2 directors and KMP:
- Miryala Venkata Murali Krishna - Director
- Miryala Lakshmi Srinivasa Rao - Ceo
The CIN (Corporate Identification Number) of Finbro Technologies is U72900KA2019PTC127499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Finbro Technologies is at Ca Site No.1 Hal 3rd Stage Behind Hotel Leela Palace Kodihalli, Bengaluru, Karnataka, India – 560008.
Yes, Finbro Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Finbro Technologies reported revenue of ₹7.81 Lakh for FY 2022 (down 97% YoY).
Finbro Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.38 Lakh.