Fineworthy Software Solutions Limited - Company Profile

It is a information technology public limited company based in Thane, Maharashtra, India, established in 2012.

2012 Thane, Maharashtra, India Active

Last Updated: February 24, 2026

About Fineworthy Software Solutions Limited

Fineworthy Software Solutions Limited, a active public limited company, was established on 10 July 2012 in Thane, Maharashtra, India. Engaging in application development & software solutions within the financial and insurance service sector, it holds CIN: U72200MH2012PLC233225. Registered under ROC Roc Mumbai Ii. it is unlisted. It has an authorized capital of ₹17.00 Cr and a paid-up capital of ₹3.67 Cr.

Formerly known as Fineworthy Software Solutions Private Limited. It upholds a compliant status. Its leadership includes Pallavi Pradeep Chalke (Director), Ashish Dhirajlal Turakhia (Director), Tarun Srivastava (Director). Past directors included Pritesh Ashwin Mehta, Priya Pradip Biswas, Ramgyan Chhatthu Prasad Gupta. It holds no open charges and ₹198.00 Cr settled loans. Its latest AGM occurred on 25 August 2025, with the balance sheet filed on 31 March 2025. It is based at Iifl House, Sun Infotech Park, Road No 16V, Plot No.B-23, Midc, Thane Industrial Area, Wa, Gle Estate, Thane, Maharashtra, 400604.

Company Details

CIN/LLPIN
U72200MH2012PLC233225
Registration Number
233225
Incorporation Date
10 July 2012
Authorized Capital
₹17.00 Cr
Paid-Up Capital
₹3.67 Cr
ROC Code
Roc Mumbai Ii
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 17.00 Cr as on 24-02-2026
Paid Up Capital ₹ 3.67 Cr as on 24-02-2026
Company Age 13 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 198.00 Cr as on 24-02-2026
Revenue Growth **** 88.61% (FY 2022)
Profit Growth **** 20.35% (FY 2022)
Ebitda **** -199.58% (FY 2022)
Net Worth -11.21% (FY 2022)
Total Assets -15.73% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Fineworthy Software Solutions Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Fineworthy Software Solutions Limited?

Current Directors

Name	Designation	Appointment Date	Status
Pallavi Pradeep Chalke	Director	31 Aug 2024	Current
Ashish Dhirajlal Turakhia	Director	23 Jan 2025	Current
Tarun Srivastava	Director	02 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	27 Jul 2012	Past
Pramod Abcsdd	Director	23 Feb 2022	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Director	12 Apr 2022	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Additional Director	03 Jul 2025	Past

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Financial Performance of Fineworthy Software Solutions.

Fineworthy Software Solutions Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 88.61% increase. The company also saw a substantial improvement in profitability, with a 20.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.21%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

88.61%

*******

Revenue from Operations

*******

Total Assets

*******

-15.73%

*******

Profit or Loss

*******

20.35%

*******

Net Worth

*******

-11.21%

*******

EBITDA

*******

-199.58%

*******

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What is the Ownership and Shareholding Structure of Fineworthy Software Solutions?

In 2022, Fineworthy Software Solutions had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,980,000,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 100.00 Cr
Indusind Bank Ltd. : 58.00 Cr
Others : 40.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Apr 2024	Others	₹40.00 Cr	Satisfied
18 Jan 2018	Hdfc Bank Limited	₹50.00 Cr	Satisfied
27 Mar 2014	Hdfc Bank Limited	₹50.00 Cr	Satisfied
29 Aug 2012	Indusind Bank Ltd.	₹58.00 Cr	Satisfied

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How Many Employees Work at Fineworthy Software Solutions?

Unlock and access historical data on people associated with Fineworthy Software Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Fineworthy Software Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fineworthy Software Solutions's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Fineworthy Software Solutions

Recent Activity within the Organization

Annual General Meeting

Fineworthy Software Solutions Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records. was recorded as a recent event.
25 Aug 2025
Director Appointment

The activity Tarun Srivastava was appointed as a Director was appointed as a Director on 02 Jul 2025 & has been associated with this company since 8 months 9 days . was completed.
02 Jul 2025
Balance Sheet

Fineworthy Software Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii. was recorded as a recent event.
31 Mar 2025
Director Appointment

Ashish Dhirajlal Turakhia was appointed as a Director was appointed as a Director on 23 Jan 2025 & has been associated with this company since 1 year 1 month . was recorded as a recent event.
23 Jan 2025
Director Appointment

Pallavi Pradeep Chalke was appointed as a Director was appointed as a Director on 31 Aug 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.
31 Aug 2024
Charges

Progress on A charge registered on 05 Apr 2024 via Charge ID 100916239 with Others was fully satisfied on 14 Aug 2024. was documented.
14 Aug 2024

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Frequently Asked Questions

What is the CIN of Fineworthy Software Solutions Limited?

The CIN of Fineworthy Software Solutions Limited is U72200MH2012PLC233225.

Where is Fineworthy Software Solutions Limited headquartered?

Fineworthy Software Solutions Limited is headquartered at Iifl House, Sun Infotech Park, Road No 16V, Plot No.B-23, Midc, Thane Industrial Area, Wa, Gle Estate, Thane, Maharashtra, 400604.

When was Fineworthy Software Solutions Limited incorporated?

Fineworthy Software Solutions Limited was incorporated on 10 July 2012.

Who are the current directors of Fineworthy Software Solutions Limited?

The current directors of Fineworthy Software Solutions Limited are

What is the primary industry of Fineworthy Software Solutions Limited?

The primary industry of Fineworthy Software Solutions Limited is Financial And Insurance Service.

Is Fineworthy Software Solutions Limited a listed company?

Fineworthy Software Solutions Limited is unlisted.

What is the capital structure of Fineworthy Software Solutions Limited?

The authorized capital of Fineworthy Software Solutions Limited is ₹17.00 Cr, and the paid-up capital is ₹3.67 Cr.

What is the compliance status of Fineworthy Software Solutions Limited?

The compliance status of Fineworthy Software Solutions Limited is Compliant.

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