About Finfam Private Limited
Data last updated:
Finfam Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 03 January 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2022PTC374291. Its GSTIN is 27AAECF8744K1Z5 (Maharashtra).
The company has an authorised share capital of ₹6.31 Lakh and a paid-up capital of ₹1.34 Lakh. It is led by directors Priyank Shah and Vatsal Praful Majithia.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1201 Cts 137/B Silver Leaf Wing A Akruli Road Opp. Goshala Kandivali East, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.42 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net loss of ₹2.99 Cr (net margin -210.8%) and EBITDA of -₹2.5 Cr (EBITDA margin -176.1%).
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: The Financialist. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.71 Cr; the latest was in October 2024.
For more details, the company can be reached via its website thefinancialist.co.in.
Company details
Contact details
Finfam Private Limited's registered office is in Mumbai, Maharashtra. Its website is thefinancialist.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1201 Cts 137/B Silver Leaf Wing A Akruli Road Opp. Goshala Kandivali East, Mumbai, Maharashtra, India – 400101
- IndustryFinancial Services, Portfolio Management Services
To see the full contact details of Finfam 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
Finfam operates one associated brand: The Financialist. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial advisory services are delivered via a digital family office. | thefinancialist.co.in |
Business activity
The main business activity of Finfam is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Finfam Private Limited, buy the company report.
Financials of Finfam Private Limited
FY 2025 filings availableFinfam Private Limited reported revenue of ₹1.42 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹2.5 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.99 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -176.1% | |||
| Net Profit Margin | -210.8% | |||
| 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 Finfam Private Limited, buy the company report.
Board of directors of Finfam Private Limited
Finfam has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyank Shah | Director | 03 Jan 2022 | 4 Years 9 Months | Current |
| Vatsal Praful Majithia | Director | 03 Jan 2022 | 4 Years 9 Months | Current |
Auditor
Finfam Private Limited is audited by S. P. Gunjal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. P. Gunjal & Associates | FY 2023 | 174203 |
Shareholding
The shareholding of Finfam Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Finfam Private Limited, buy the company report.
Deals & funding
Finfam Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.71 Cr; the latest was in October 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Funding round | ₹6 Cr | Investors: Zerodha Broking Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: Bspoke Wealth Management LLP Seller: Smartsense Consulting Solutions Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Smartsense Consulting Solutions Private Limited , Bspoke Wealth Management LLP Seller: an individual |
To see the full deal history of Finfam Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Finfam 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 Finfam Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Finfam has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Finfam Investment Advisors Private Limited | U67190MH2021PTC373220 |
To see the full group structure of Finfam Private Limited, buy the company report.
Employees & EPFO
Finfam Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Finfam has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF8744K1Z5 | Maharashtra | Active | 14 Feb 2023 |
To see the full GST registrations and return filing status of Finfam Private Limited, buy the company report.
Recent activity
Finfam Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Priyank Shah was appointed as Director on 03 Jan 2022.
Frequently asked questions
Finfam is an active private limited company based in Mumbai, Maharashtra, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 03 January 2022 (4+ years old) and is registered under CIN U67190MH2022PTC374291.
Finfam has 2 current directors:
- Priyank Shah - Director
- Vatsal Praful Majithia - Director
The latest financial statements of Finfam on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Finfam is 27AAECF8744K1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finfam is U67190MH2022PTC374291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finfam was incorporated on 03 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Finfam has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.71 Cr; the latest was in October 2024.
Priyank Shah was appointed as Director on 03 Jan 2022. Vatsal Praful Majithia was appointed as Director on 03 Jan 2022.
Finfam can be reached through the website thefinancialist.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Finfam is at 1201 Cts 137B Silver Leaf Wing A Akruli Road Opp. Goshala Kandivali East, Mumbai, Maharashtra, India – 400101.