About Finnovate Financial Services Private Limited
Data last updated: 05 January 2026
Finnovate Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 12 July 2007, the company has been in operation for over 19 years.
Registered with ROC Mumbai under CIN U67190MH2007PTC172272.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.18 Cr. It is led by directors Nehal Pravin Mota and Naveen Singh.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 703 The Summit Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.18 Cr, a growth of 8% compared to the previous year.
The company is associated with 1 brand - Finnovate. As per MCA filings, the company has open charges of ₹8.5 Lakh 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 finnovate.in.
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Registered AddressUnit No.703 The Summit Business Park Premises Csl Off. Andheri Kurla Road Prakshwadi And, Heri East, Mumbai, Maharashtra, India – 400093
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IndustryFinancial Services, Diversified Financial Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Finnovate Financial Services Private Limited
Finnovate Financial Services Private Limited operates one associated brand: Finnovate. These brands represent Finnovate Financial Services Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Financial planning, investment management, and educational resources are provided. | finnovate.in |
Competitors & Alternatives of Finnovate Financial Services Private Limited
Brands and companies operating in the same space as Finnovate Financial Services Private Limited include Dezerv, Wealthy, ET Money and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Dezerv
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Investment solutions and portfolio management are provided for affluent individuals. | Mumbai, India, India | 2021 |
Wealthy
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Digital wealth management platform is offered for personalized investments. | Bengaluru, India, India | 2015 |
ET Money
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App-based mutual fund investment platform | Gurugram, India, India | 2014 |
ASK Group
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Asset & wealth management platform | Mumbai, India, India | 1983 |
Neo Wealth
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Wealth management, family office services, and investment opportunities are provided. | Mumbai, India, India | 2021 |
Nivesh
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Wealth management and financial products are provided online for individuals. | Noida, India, India | 2016 |
Business Activity of Finnovate Financial Services Private Limited
Finnovate Financial Services Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details for Finnovate Financial Services Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Finnovate Financial Services Private Limited
Finnovate Financial Services Private Limited is audited by Kanu Doshi Associates LLP for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kanu Doshi Associates LLP | Locked | Locked | Locked |
Complete auditor history for Finnovate Financial Services Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Finnovate Financial Services Private Limited
Finnovate Financial Services Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Nehal Pravin Mota
Also directs:
Finnovate Investment Managers Private Limited
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Director | 12 Jul 2007 | 19 Years 1 Months | Current |
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Naveen Singh
Also directs:
Finnovate Investment Managers Private Limited
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Director | 12 Jul 2007 | 19 Years 1 Months | Current |
Financials of Finnovate Financial Services Private Limited FY 2025 filings available
Finnovate Financial Services Private Limited reported revenue of ₹4.18 Cr (up 8.00% YoY) for FY 2025.
Ten-year financial statements for Finnovate Financial Services Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Finnovate Financial Services Private Limited
Shareholding and ownership data for Finnovate Financial Services Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Finnovate Financial Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2023 | Hdfc Bank Limited | ₹8.5 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Finnovate Financial Services Private Limited
View historical data on people associated with Finnovate Financial Services Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Finnovate Financial Services Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Finnovate Financial Services Private Limited
GST registrations and filing compliance for Finnovate Financial Services Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Finnovate Financial Services Private Limited
Credit ratings, litigation, and regulatory alerts for Finnovate Financial Services Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Finnovate Financial Services Private Limited
MSME payment history for Finnovate Financial Services Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Finnovate Financial Services Private Limited
Corporate group structure for Finnovate Financial Services Private Limited
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- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Finnovate Financial Services Private Limited
MCA filings and documents for Finnovate Financial Services Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Finnovate Financial Services Private Limited
Frequently Asked Questions about Finnovate Financial Services Private Limited
Finnovate Financial Services Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 12 July 2007 (19+ years old) and is registered under CIN U67190MH2007PTC172272.
Finnovate Financial Services Private Limited reported revenue of ₹4.18 Cr for FY 2025 (up 8.00% YoY).
The current directors of Finnovate Financial Services Private Limited are:
- Nehal Pravin Mota - Director
- Naveen Singh - Director
The primary industry of Finnovate Financial Services Private Limited is financial services. The company specifically operates in diversified financial services. The company is currently active in this sector.
Finnovate Financial Services Private Limited can be reached at the registered office: Unit No.703 The Summit Business Park Premises Csl Off. Andheri Kurla Road Prakshwadi And, Heri East, Mumbai, Maharashtra, India – 400093, or through the website finnovate.in.
The authorised capital is ₹2 Cr, and the paid-up capital is ₹1.18 Cr.