Finconvenio Services Private Limited
About Finconvenio Services Private Limited
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Finconvenio Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 29 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U66220TN2019PTC131354. Its GSTIN is 33AADCF8377R1ZU (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2.68 Lakh. It is led by directors Vaidyanathan Krishnan and Padmavathy Krishnan.
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 Rmz Millenia Business Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.52 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹3.38 Cr and EBITDA of -₹2.55 Cr (EBITDA margin -420.6%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 80% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Finequs. The company has 6 deals on record (2 rights issues, 2 funding rounds, 1 other deal), with disclosed funding of ₹3.87 Cr; the latest was in February 2022. Its 10 peer companies in the Ecommerce and Internet industry (Finance) are compared by revenue, 5 larger and 5 smaller; the largest is Vani Vilas Finance Limited with revenue of ₹61.04 Lakh.
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- WebsiteLocked
- Social MediaLocked
- Registered AddressRmz Millenia Business Park Campus 1 A, No. 143 Dr. Mgr Road (North Veeranam Salai), Chennai, Tamil Nadu, India – 600096
- IndustryFinancial Services, Diversified 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 Finconvenio Services Private Limited
The main business activity of Finconvenio Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Finconvenio Services Private Limited FY 2025 filings available
Finconvenio Services Private Limited reported revenue of ₹60.52 Lakh (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Finconvenio Services Private Limited
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 80%. EBITDA rose 32% 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 of Finconvenio Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹2.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.38 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 Finconvenio Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -420.6% | •••• | •••• | •••• | •••• |
| 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 Finconvenio Services 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.
Peer Comparison of Finconvenio Services Private Limited
Finconvenio Services 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 |
|---|---|---|---|---|---|---|
| Vani Vilas Finance Limited | ₹61.04 Lakh (FY 2024) | •••• | •••• | 17.0% | •••• | Hosur, Tamil Nadu, India |
| Golden Micro Finance Services Private Limited | ₹60.84 Lakh (FY 2025) | •••• | •••• | 47.0% | •••• | Mathura, Uttar Pradesh, India |
| Kuruvila Finance Pvt Ltd | ₹60.82 Lakh (FY 2025) | •••• | •••• | 60.0% | •••• | Bhandup West, Maharashtra, India |
| Morning Due Finance Pvt Ltd | ₹60.58 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| Santosh Development and Finance Company Limited | ₹60.54 Lakh (FY 2024) | •••• | •••• | -47.0% | •••• | Mumbai, Maharashtra, India |
| Finconvenio Services Private Limited this company | ₹60.52 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Chennai, Tamil Nadu, India |
| Jainex Finance Limited | ₹60.5 Lakh (FY 2024) | •••• | •••• | 102.0% | •••• | Guwahati, Assam, India |
| Attar Finance and Investment Company Pvt Ltd | ₹60.4 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Mumbai, Maharashtra, India |
| Ecofin Services India Private Limited | ₹60.22 Lakh (FY 2025) | •••• | •••• | 156.0% | •••• | Vijayawada, Andhra Pradesh, India |
| The Baluanand Finance Limited | ₹60.14 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Chennai, Tamil Nadu, India |
| Welquo Services Private Limited | ₹60.12 Lakh (FY 2022) | •••• | •••• | 19.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Finconvenio Services 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.
Board of Directors of Finconvenio Services Private Limited
Finconvenio Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaidyanathan Krishnan Also directs: Shrim Brize Consulting Private Limited | Director | 29 Aug 2019 | 7 Years 1 Months | Current |
| Padmavathy Krishnan Also directs: Shrim Brize Consulting Private Limited | Director | 29 Aug 2019 | 7 Years 1 Months | Current |
Charges & Borrowings of Finconvenio Services Private Limited
Finconvenio Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Finconvenio Services Private Limited
Finconvenio Services Private Limited has 6 deals on record (2 rights issues, 2 funding rounds, 1 other deal), with disclosed funding of ₹3.87 Cr; the latest was in February 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Funding round | ₹1.94 Cr | Investors: 4 individuals |
| Sep 2021 | Funding round | ₹1.93 Cr | Investors: 4 individuals |
| Dec 2019 | Rights issue | ₹1.13 Cr | Investors: 2 individuals |
| Oct 2019 | Rights issue | ₹31.9 Lakh | Investors: 4 individuals |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Finconvenio Services Private Limited
Finconvenio Services operates one associated brand: Finequs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online marketplace offering diversified loans to consumers and businesses | finequs.com |
Employees and EPFO Compliance at Finconvenio Services Private Limited
Employment history and EPFO contributions of people linked to Finconvenio Services.
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.
CIN History of Finconvenio Services Private Limited
Finconvenio Services has one previous CIN (Corporate Identification Number): U74999TN2019PTC131354. The current CIN is U66220TN2019PTC131354, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66220TN2019PTC131354 | Current |
| U74999TN2019PTC131354 | Previous |
Recent Activity on Finconvenio Services Private Limited
Finconvenio Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Padmavathy Krishnan was appointed as Director on 29 Aug 2019.
Credit Ratings, Litigation & Regulatory Alerts for Finconvenio Services 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 Finconvenio Services 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 Finconvenio Services 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 Finconvenio Services Private Limited
Finconvenio Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCF8377R1ZU | Tamil Nadu | Active | 13 Sep 2019 |
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 Finconvenio Services 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 Finconvenio Services Private Limited
Finconvenio Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 29 August 2019 (7+ years old) and is registered under CIN U66220TN2019PTC131354.
Finconvenio Services reported revenue of ₹60.52 Lakh for FY 2025 (down 70% YoY).
Finconvenio Services has 2 current directors:
- Vaidyanathan Krishnan - Director
- Padmavathy Krishnan - Director
Finconvenio Services reported a net loss of ₹3.38 Cr and EBITDA of -₹2.55 Cr (EBITDA margin -420.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finconvenio Services is 39% over three years and 80% over five years. In the latest year (FY 2025) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Finconvenio Services is 33AADCF8377R1ZU, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Finconvenio Services is U66220TN2019PTC131354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finconvenio Services was incorporated on 29 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Finconvenio Services has 6 deals on record (2 rights issues, 2 funding rounds, 1 other deal), with disclosed funding of ₹3.87 Cr; the latest was in February 2022.
The peers of Finconvenio Services by revenue are Vani Vilas Finance Limited, Golden Micro Finance Services Private Limited, Kuruvila Finance Pvt Ltd, Morning Due Finance Pvt Ltd, Santosh Development and Finance Company Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Padmavathy Krishnan was appointed as Director on 29 Aug 2019. Vaidyanathan Krishnan was appointed as Director on 29 Aug 2019.