About Finmitra Financial Services Private Limited
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Finmitra Financial Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 13 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC079257. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Finmitra Finance and Management Solutions Private Limited. It is led by directors Narayanaswamy Bhagyalakshmi and Vimal Kumar Ramamurthy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 139 2nd Cross 1st Main Arekere Mico Layout, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.23 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹74,890 (net margin 17.7%) and EBITDA of ₹1.12 Lakh (EBITDA margin 26.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
The company is associated with 1 brand: FinMitra.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finmitra.com.
Company details
Contact details
Finmitra Financial Services Private Limited's registered office is in Bangalore, Karnataka. Its website is finmitra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 139 2nd Cross 1st Main Arekere Mico Layout, Bangalore, Karnataka, India – 560076
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Finmitra Financial Services 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
Finmitra Financial Services operates one associated brand: FinMitra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Goal based financial planning platform | finmitra.com |
Business activity
The main business activity of Finmitra Financial Services 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 Finmitra Financial Services Private Limited, buy the company report.
Financials of Finmitra Financial Services Private Limited
FY 2024 filings availableFinmitra Financial Services Private Limited reported revenue of ₹4.23 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 1% growth in the latest year. EBITDA rose 9% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.12 Lakh | ||||
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| Net Profit (PAT) | ₹74,890 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 26.5% | ||||
| Net Profit Margin | 17.7% | ||||
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To see the full financial statements and ratios of Finmitra Financial Services Private Limited, buy the company report.
Board of directors of Finmitra Financial Services Private Limited
Finmitra Financial Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanaswamy Bhagyalakshmi | Director | 13 Mar 2015 | 11 Years 7 Months | Current |
| Vimal Kumar Ramamurthy Also directs: Ernst & Young LLP | Director | 13 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Finmitra Financial Services Private Limited is audited by CHANDRASHEKAR KOTE & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRASHEKAR KOTE & COMPANY | FY 2017 | 000592S |
Shareholding
The shareholding of Finmitra Financial Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Finmitra Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finmitra Financial Services 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 Finmitra Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finmitra Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Finmitra Financial Services Private Limited, buy the company report.
Recent activity
Finmitra Financial Services Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Bhargavi Sridharan ceased to be Managing Director on 22 Apr 2017.
Frequently asked questions
Finmitra Financial Services is an active private limited company based in Bangalore, Karnataka, India. The company works in management consultancy, within the business services industry. It was incorporated on 13 March 2015 (11+ years old) and is registered under CIN U74900KA2015PTC079257.
Finmitra Financial Services has 2 current directors:
- Narayanaswamy Bhagyalakshmi - Director
- Vimal Kumar Ramamurthy - Director
The latest financial statements of Finmitra Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Finmitra Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Finmitra Financial Services is U74900KA2015PTC079257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finmitra Financial Services was incorporated on 13 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhargavi Sridharan ceased to be Managing Director on 22 Apr 2017. Narayanaswamy Bhagyalakshmi was appointed as Director on 13 Mar 2015. Vimal Kumar Ramamurthy was appointed as Director on 13 Mar 2015.
Finmitra Financial Services can be reached through the website finmitra.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Finmitra Financial Services is at No 139 2nd Cross 1st Main Arekere Mico Layout, Bangalore, Karnataka, India – 560076.
Finmitra Financial Services operates in the business services industry, in the management consultancy segment.
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