About Finnova Advisory Services Private Limited
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Finnova Advisory Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 03 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U67190PN2011PTC140346. Its GSTIN is 27AABCF7840B1ZW (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41 Lakh. It is led by directors Anil Agarwal Kumar and Ritu Agarwal.
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 Flat No. 1004 Building No. A B.U.Bhandari Landmarks Acolade Kharadi, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.48 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹6.14 Lakh (net margin 7.2%) and EBITDA of ₹16.31 Lakh (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years and 59% over five years.
As per MCA filings, the company has open charges of ₹1.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finnovaadvisory.com.
Company details
Contact details
Finnova Advisory Services Private Limited's registered office is in Pune, Maharashtra. Its website is finnovaadvisory.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 1004 Building No. A B.U.Bhandari Landmarks Acolade Kharadi, Pune, Maharashtra, India – 411014
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Finnova Advisory 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
Business activity
The main business activity of Finnova Advisory Services is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Finnova Advisory Services Private Limited, buy the company report.
Financials of Finnova Advisory Services Private Limited
FY 2024 filings availableFinnova Advisory Services Private Limited reported revenue of ₹85.48 Lakh (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 59%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.31 Lakh | ||||
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| Net Profit (PAT) | ₹6.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 7.2% | ||||
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To see the full financial statements and ratios of Finnova Advisory Services Private Limited, buy the company report.
Board of directors of Finnova Advisory Services Private Limited
Finnova Advisory Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Agarwal Kumar Also directs: M K R S & Associates LLP, Finnova Infotech Private Limited | Director | 03 Aug 2011 | 15 Years 2 Months | Current |
| Ritu Agarwal Also directs: Finnova Infotech Private Limited | Director | 03 Aug 2011 | 15 Years 2 Months | Current |
Auditor
Finnova Advisory Services Private Limited is audited by RAKESH RAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH RAM & ASSOCIATES | FY 2023 | 32514E |
Shareholding
The shareholding of Finnova Advisory Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Finnova Advisory Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2017 | 100155697 | Others | ₹1.3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Finnova Advisory 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 Finnova Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finnova Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF7840B1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Finnova Advisory Services Private Limited, buy the company report.
Recent activity
Finnova Advisory Services Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Shweta Shrivastava ceased to be Additional Director on 29 Jan 2019.
Frequently asked questions
Finnova Advisory Services is an active private limited company based in Pune, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 03 August 2011 (15+ years old) and is registered under CIN U67190PN2011PTC140346.
Finnova Advisory Services has 2 current directors:
- Anil Agarwal Kumar - Director
- Ritu Agarwal - Director
The latest financial statements of Finnova Advisory 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.
The GSTIN of Finnova Advisory Services is 27AABCF7840B1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finnova Advisory Services is U67190PN2011PTC140346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finnova Advisory Services was incorporated on 03 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Shweta Shrivastava ceased to be Additional Director on 29 Jan 2019. Varsha Agrawal ceased to be Director on 13 Jun 2017. Neha Gupta ceased to be Director on 06 Nov 2012. Finnova Advisory Services has 5 board changes on record in total.
Finnova Advisory Services can be reached through the website finnovaadvisory.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Finnova Advisory Services is at Flat No. 1004 Building No. A B.U.Bhandari Landmarks Acolade Kharadi, Pune, Maharashtra, India – 411014.
Finnova Advisory Services operates in the business outsourcing industry, in the accounting and financial analysis segment.
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