- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0150139
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About Fine IT Solutions (India) Private Limited
Data last updated:
Fine IT Solutions (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 21 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2009PTC133399. Its GSTIN is 27AABCF3276D1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.8 Lakh. It is led by directors Shardul Yashwant Kulkarni and Yashvant Vasudeo Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No. 102 A Wing Reya Apartment S. No 120 A 120 B Mauje Parvati, Pune, Maharashtra, India – 411051.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.36 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹7.33 Lakh (net margin -5.4%) and EBITDA of -₹4.8 Lakh (EBITDA margin -3.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
The company is associated with 1 brand: FINE IT Solutions. As per MCA filings, the company has open charges of ₹15 Lakh on record.
Fine IT Solutions (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0150139). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fineitsolutions.com.
Company details
Recognitions & Rankings of Fine IT Solutions (India)
Contact details
Fine IT Solutions (India) Private Limited's registered office is in Pune, Maharashtra. Its website is fineitsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 102 A Wing Reya Apartment S. No 120 A 120 B Mauje Parvati, Pune, Maharashtra, India – 411051
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Fine IT 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
Brands
Fine IT Solutions (India) operates one associated brand: FINE IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Machine vision solutions for manufacturing and quality control in various industries. | fineitsolutions.com |
Business activity
The main business activities of Fine IT Solutions (India) are manufacturing and information and communication. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Fine IT Solutions (India) Private Limited, buy the company report.
Financials of Fine IT Solutions (India) Private Limited
FY 2023 filings availableFine IT Solutions (India) Private Limited reported revenue of ₹1.36 Cr (down 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 149% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹4.8 Lakh | ||||
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| Net Profit (PAT) | -₹7.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -3.5% | ||||
| Net Profit Margin | -5.4% | ||||
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To see the full financial statements and ratios of Fine IT Solutions (India) Private Limited, buy the company report.
Board of directors of Fine IT Solutions (India) Private Limited
Fine IT Solutions (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shardul Yashwant Kulkarni Also directs: Opto-Fine Instruments Private Limited | Director | 21 Jan 2009 | 17 Years 9 Months | Current |
| Yashvant Vasudeo Kulkarni | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Auditor
Fine IT Solutions (India) Private Limited is audited by SARANG JOSHI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARANG JOSHI & CO | FY 2019 | 122941W |
Shareholding
The shareholding of Fine IT Solutions (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fine IT Solutions (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2020 | 100373058 | Hdfc Bank Limited | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Fine IT 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 Fine IT Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fine IT Solutions (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF3276D1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fine IT Solutions (India) Private Limited, buy the company report.
Recent activity
Fine IT Solutions (India) Private Limited has 10 board changes on record since 2009: 6 appointments and 4 cessations. The latest: Kedar Shankar Joshi ceased to be Director on 31 Mar 2023.
2 earlier events are in the company report.
Frequently asked questions
Fine IT Solutions (India) is an active private limited company based in Pune, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 21 January 2009 (17+ years old) and is registered under CIN U72900PN2009PTC133399.
Fine IT Solutions (India) has 2 current directors:
- Shardul Yashwant Kulkarni - Director
- Yashvant Vasudeo Kulkarni - Director
The latest financial statements of Fine IT Solutions (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Fine IT Solutions (India) is 27AABCF3276D1ZU, registered in Maharashtra. 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 Fine IT Solutions (India) is U72900PN2009PTC133399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fine IT Solutions (India) was incorporated on 21 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Kedar Shankar Joshi ceased to be Director on 31 Mar 2023. Laxman Narayan Patwardhan ceased to be Director on 31 Mar 2023. Uttara Rahul Deshpande ceased to be Director on 31 Mar 2023. Fine IT Solutions (India) has 10 board changes on record in total.
Yes, Fine IT Solutions (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0150139).
Fine IT Solutions (India) can be reached through the website fineitsolutions.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Fine IT Solutions (India) is at Flat No. 102 A Wing Reya Apartment S. No 120 A 120 B Mauje Parvati, Pune, Maharashtra, India – 411051.