Fineos India Private Limited

Fineos India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2017PTC108296 Incorporated 29 November 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹18.33 Cr
▲ 124% YoY
Net profit · FY 2024
₹1.8 Cr
Net margin 9.8%
EBITDA · FY 2024
₹2.41 Cr
EBITDA margin 13.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.5 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
45
Provident fund records
Directors on board
2
As per MCA filings

About Fineos India Private Limited

Data last updated:

Fineos India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Digin Technologies Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC108296. Its GSTIN is 29AAZCS5589G1Z7 (Karnataka).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.5 Lakh. It is led by directors Tejas Harshadrai Vora and Ian Michael Lynagh.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #23 Siva Archade 29th Main Btm Layout 1st Stage, Bangalore, Karnataka, India – 560068.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.33 Cr, a growth of 124% compared to the previous year. For the same year it recorded a net profit of ₹1.8 Cr (net margin 9.8%) and EBITDA of ₹2.41 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 53% over five years.

The company has about 45 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Fineos.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fineos.com.

Company details

CIN U72900KA2017PTC108296
Registration Number 108296
Incorporation Date 29 November 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Digin Technologies Llc
Compliance Status Active Compliant

Contact details

Fineos India Private Limited's registered office is in Bangalore, Karnataka. Its website is fineos.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    #23 Siva Archade 29th Main Btm Layout 1st Stage, Bangalore, Karnataka, India – 560068
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Fineos India Private Limited, buy the company report.

Comprehensive company report
Fineos India Private Limited - one report that includes everything
  • 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
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Brands

Fineos India operates one associated brand: FINEOS. Each brand links to its own profile.

BrandDescriptionWebsite
Insurance quoting and underwriting solutions for the life and health insurance industryfineos.com

Business activity

The main business activity of Fineos India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Fineos India Private Limited, buy the company report.

Financials of Fineos India Private Limited

FY 2025 filings available

Fineos India Private Limited reported revenue of ₹18.33 Cr (up 124% YoY) for FY 2024.

Revenue · FY 2024
₹18.33 Cr ▲ 124%
Net profit · FY 2024
₹1.8 Cr margin 9.8%
EBITDA · FY 2024
₹2.41 Cr margin 13.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 124%
3 years · compounded
▲ 58%
5 years · compounded
▲ 53%
EBITDA CAGR growth
1 year
▲ 111%
3 years · compounded
▲ 72%
5 years · compounded
▲ 53%

Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 124% growth in the latest year. EBITDA rose 111% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.41 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.8 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin13.1%
Net Profit Margin9.8%
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 Fineos India Private Limited, buy the company report.

Board of directors of Fineos India Private Limited

Fineos India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tejas Harshadrai VoraDirector15 Jun 20233 Years 4 MonthsCurrent
Ian Michael LynaghDirector28 Jan 20251 Years 9 MonthsCurrent

Peer comparison

Fineos India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Zapare Technologies Private Limited₹18.35 Cr (FY 2025)72.0%Thrissur, Kerala, India
Blue Flame Labs Private Limited₹18.34 Cr (FY 2025)-41.0%Pune, Maharashtra, India
Vero India Software Private Limited₹18.34 Cr (FY 2024)-4.0%Pune, Maharashtra, India
Positiveedge Technology Private Limited₹18.34 Cr (FY 2024)-25.0%Bangalore, Karnataka, India
Vidyatech Solutions Private Limited₹18.34 Cr (FY 2025)-13.0%New Delhi, Delhi, India
Fineos India Private Limitedthis company₹18.33 Cr (FY 2024)₹1.8 Cr9.8%124.0%45Bangalore, Karnataka, India
Vaken Technologies Private Limited₹18.33 Cr (FY 2024)-18.0%Chengleput, Tamil Nadu, India
Inlogic Technologies Private Limited₹18.33 Cr (FY 2024)30.0%Chennai, Tamil Nadu, India
Abylle Solutions Private Limited₹18.31 Cr (FY 2024)14.0%Bangalore, Karnataka, India
Accelerize 360 Private Limited₹18.3 Cr (FY 2025)28.0%Hyderabad, Telangana, India
Ameya Infovision Private Limited₹18.29 Cr (FY 2025)41.0%Mumbai, Maharashtra, India

To see the full peer comparison of Fineos India Private Limited, buy the company report.

Auditor

Fineos India Private Limited is audited by M N B K & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
M N B K & ASSOCIATESFY 2020013363S

Shareholding

The shareholding of Fineos India Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Fineos India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fineos India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Fineos India Private Limited has a workforce of 45 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
45
Active EPFO establishments
1
Employee growth
125%

GST

Fineos India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAZCS5589G1Z7KarnatakaActive29 Jan 2018

To see the full GST registrations and return filing status of Fineos India Private Limited, buy the company report.

Recent activity

Fineos India Private Limited has 12 board changes on record since 2018: 3 appointments and 9 cessations. The latest: Ian Michael Lynagh ceased to be Additional Director on 25 Sep 2025.

AGM
Fineos India Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Ian Michael Lynagh ceased to be Additional Director.
Filing
Fineos India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Ian Michael Lynagh was appointed as Director.
Appointed
Tejas Harshadrai Vora was appointed as Director.
Ceased
Tejas Harshadrai Vora ceased to be Director.
Ceased
Niraj Rajesh Vora ceased to be Additional Director.
Ceased
Vineet Rustagi ceased to be Director.
Ceased
Ranjith Kota Babu ceased to be Additional Director.
Ceased
Karan Mishra Kshitindra ceased to be Nominee Director.
Appointed
Ranjith Kota Babu was appointed as Director.
Ceased
Chirag Amrutlal Patel ceased to be Additional Director.

3 earlier events are in the company report.

Frequently asked questions

Fineos India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 November 2017 (9+ years old) and is registered under CIN U72900KA2017PTC108296.

Fineos India has 2 current directors:

The latest financial statements of Fineos India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Fineos India is 29AAZCS5589G1Z7, registered in Karnataka.

The CIN (Corporate Identification Number) of Fineos India is U72900KA2017PTC108296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fineos India was incorporated on 29 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Fineos India by revenue are Zapare Technologies Private Limited, Blue Flame Labs Private Limited, Vero India Software Private Limited, Positiveedge Technology Private Limited, Vidyatech Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).

Ian Michael Lynagh ceased to be Additional Director on 25 Sep 2025. Ian Michael Lynagh was appointed as Director on 28 Jan 2025. Tejas Harshadrai Vora was appointed as Director on 15 Jun 2023. Fineos India has 12 board changes on record in total.

Fineos India can be reached through the website fineos.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Fineos India is at #23 Siva Archade 29th Main Btm Layout 1st Stage, Bangalore, Karnataka, India – 560068.

Fineos India operates in the information technology industry, in the IT consulting and support services segment.