MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0131686
Fingrid Business Solutions Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹44.26 Lakh
▼ 32% YoY
Net profit · FY 2021
₹3.2 Lakh
Net margin 7.2%
EBITDA · FY 2021
₹5.14 Lakh
EBITDA margin 11.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹41.9 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Fingrid Business Solutions Private Limited
Data last updated:
Fingrid Business Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 24 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65929TN2009PTC073003. Its GSTIN is 33AABCF4162A1ZC (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Fingrid Business Solutions (India) Private Limited. It is led by directors Kalai Arasu and Mahendar Singh Adhithi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2021, the company reported a revenue of ₹44.26 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹3.2 Lakh (net margin 7.2%) and EBITDA of ₹5.14 Lakh (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹41.9 Lakh on record.
Fingrid Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0131686). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fingridbiz.com.
Company details
CIN U65929TN2009PTC073003
Registration Number 073003
Incorporation Date 24 September 2009
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0131686
Recognitions & Rankings of Fingrid Business Solutions
Contact details
Fingrid Business Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is fingridbiz.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo;105F Dr.Selvi Jayakumar St 1st Floor Ka Vel Apartmnet Golden George Nagar Mugappai, R East, Chennai, Tamil Nadu, India – 600037
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Fingrid Business Solutions Private Limited, buy the company report.
Comprehensive company report
Fingrid Business Solutions 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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Secure checkout · GST invoice included
Business activity
The main business activity of Fingrid Business Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Fingrid Business Solutions Private Limited, buy the company report.
Financials of Fingrid Business Solutions Private Limited
FY 2021 filings availableFingrid Business Solutions Private Limited reported revenue of ₹44.26 Lakh (down 32% YoY) for FY 2021.
Revenue · FY 2021
₹44.26 Lakh ▼ 32%
Net profit · FY 2021
₹3.2 Lakh margin 7.2%
EBITDA · FY 2021
₹5.14 Lakh margin 11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 5%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 113%
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 58% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹44.26 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.2 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 7.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Fingrid Business Solutions Private Limited, buy the company report.
Board of directors of Fingrid Business Solutions Private Limited
Fingrid Business Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalai Arasu Also directs: Roll Time Studios LLP, Sivakarthikeyan Productions LLP | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
| Mahendar Singh Adhithi Also directs: Prefect Consultants Limited Liability Partnership | Director | 19 May 2023 | 3 Years 5 Months | Current |
Shareholding
The shareholding of Fingrid Business Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Fingrid Business Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹41.9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2021 | 100473861 | Axis Bank Limited | ₹41.9 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Fingrid Business Solutions 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 Fingrid Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fingrid Business Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCF4162A1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fingrid Business Solutions Private Limited, buy the company report.
Recent activity
Fingrid Business Solutions Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Mahendar Singh Adhithi ceased to be Additional Director on 26 Sep 2023.
Ceased
Mahendar Singh Adhithi ceased to be Additional Director.
Ceased
Karthikeyan Ramamurthy ceased to be Additional Director.
Appointed
Mahendar Singh Adhithi was appointed as Director.
AGM
Fingrid Business Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 41.90 Lakh with Charge ID 100473861 was registered on 19 Aug 2021.
Filing
Fingrid Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Ceased
Chandrasekaran Megaraj ceased to be Additional Director.
Ceased
Nagarajan Venkatakrishnan ceased to be Director.
Ceased
Aparaajit Venkatakrishnan ceased to be Additional Director.
Ceased
Kalai Arasu ceased to be Additional Director.
Appointed
Kalai Arasu was appointed as Director.
Ceased
Venkatesh Padmanabhan ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Fingrid Business Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 24 September 2009 (17+ years old) and is registered under CIN U65929TN2009PTC073003.
Fingrid Business Solutions has 2 current directors:
- Kalai Arasu - Director
- Mahendar Singh Adhithi - Director
The latest financial statements of Fingrid Business Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Fingrid Business Solutions is 33AABCF4162A1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Fingrid Business Solutions is U65929TN2009PTC073003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fingrid Business Solutions was incorporated on 24 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Mahendar Singh Adhithi ceased to be Additional Director on 26 Sep 2023. Karthikeyan Ramamurthy ceased to be Additional Director on 20 May 2023. Mahendar Singh Adhithi was appointed as Director on 19 May 2023. Fingrid Business Solutions has 9 board changes on record in total.
Yes, Fingrid Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0131686).
Fingrid Business Solutions can be reached through the website fingridbiz.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Fingrid Business Solutions is at No;105F Dr.Selvi Jayakumar St 1st Floor Ka Vel Apartmnet Golden George Nagar Mugappai, R East, Chennai, Tamil Nadu, India – 600037.