Finnovate Technology Solutions Private Limited Company Logo

Finnovate Technology Solutions Private Limited - Company Profile

It is a internet private limited company based in New Delhi, Delhi, India, established in 2016.

2016 | New Delhi, Delhi, India | Active
Last Updated:

About Finnovate Technology Solutions Private Limited

Finnovate Technology Solutions Private Limited, a active private limited company, was established on 21 September 2016 in New Delhi, Delhi, India. Engaging in online financial services within the financial and insurance service sector, it holds CIN: U74999DL2016PTC306183. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹1.10 M and a paid-up capital of ₹0.33 M.

Formerly known as 1. Finnovate Technology Solutions Private Limited. It upholds a compliant status. Its leadership includes Jamil Akhtar (Director), Khursheed Ahmad (Director). Past directors included Mazharul Haque, Saurabh Chharia, Khursheed Ahmad. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at A-8, 01St Floor, Abul Fazal Enclave Part-I Jamia Nagar, Okhla, New Delhi, Delhi, 110025.

Company Details

  • CIN/LLPIN

    U74999DL2016PTC306183

  • Registration Number

    306183

  • Incorporation Date

    21 September 2016

  • Authorized Capital

    ₹1.10 M

  • Paid-Up Capital

    ₹0.33 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.10 M
  • Paid Up Capital ₹ 0.33 M
  • Company Age 9 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -79.93%
  • Profit Growth -111.43%
  • Ebitda -146.41%
  • Net Worth 3006.34%
  • Total Assets 779.36%
Company report

Finnovate Technology Solutions Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Finnovate Technology Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Finnovate Technology Solutions Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Jamil AkhtarDirector21 Sep 2016Current
Khursheed AhmadDirector25 Jun 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director26 Jun 2018Past
Pramod AbcsddDirector14 Jun 2017Past
Pramod AbcsddAdditional Director29 Sep 2018Past

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Financial Performance of Finnovate Technology Solutions.

Finnovate Technology Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 79.93% decrease. The company also saw a substantial fall in profitability, with a 111.43% decrease in profit. The company's net worth Soared by an impressive increase of 3006.34%.

Finnovate Technology Solutions revenue growth over time
Finnovate Technology Solutions profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-79.93%
Revenue from Operations
-81.88%
Total Assets
779.36%
Profit or Loss
-111.43%
Net Worth
3006.34%
EBITDA
-146.41%

What is the Ownership and Shareholding Structure of Finnovate Technology Solutions?

In 2020, Finnovate Technology Solutions had a promoter holding of 83.20% and a public holding of 16.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Finnovate Technology Solutions?

Unlock and access historical data on people associated with Finnovate Technology Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Finnovate Technology Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finnovate Technology Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Finnovate Technology Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Finnovate Technology Solutions

Recent Activity within the Organization

  • Annual General Meeting

    The activity Finnovate Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Finnovate Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was documented.

  • Director Appointment

    Progress on Khursheed Ahmad was appointed as a Director was appointed as a Director on 25 Jun 2018 & has been associated with this company since 7 years 5 months . was documented.

  • Director Appointment

    Progress on Jamil Akhtar was appointed as a Director was appointed as a Director on 21 Sep 2016 & has been associated with this company since 9 years 2 months . was documented.

  • Company Incorporation

    Finnovate Technology Solutions Private Limited was registered on 21 Sep 2016 with Roc Delhi & aged 9 years 2 months as per MCA records. was recorded as a recent event.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Finnovate Technology Solutions Private Limited?

    The CIN of Finnovate Technology Solutions Private Limited is U74999DL2016PTC306183.

  • Where is Finnovate Technology Solutions Private Limited headquartered?

    Finnovate Technology Solutions Private Limited is headquartered at A-8, 01St Floor, Abul Fazal Enclave Part-I Jamia Nagar, Okhla, New Delhi, Delhi, 110025.

  • When was Finnovate Technology Solutions Private Limited incorporated?

    Finnovate Technology Solutions Private Limited was incorporated on 21 September 2016.

  • Who are the current directors of Finnovate Technology Solutions Private Limited?

    The current directors of Finnovate Technology Solutions Private Limited are

  • What is the primary industry of Finnovate Technology Solutions Private Limited?

    The primary industry of Finnovate Technology Solutions Private Limited is Financial And Insurance Service.

  • Is Finnovate Technology Solutions Private Limited a listed company?

    Finnovate Technology Solutions Private Limited is unlisted.

  • What is the capital structure of Finnovate Technology Solutions Private Limited?

    The authorized capital of Finnovate Technology Solutions Private Limited is ₹1.10 M, and the paid-up capital is ₹0.33 M.

  • What is the compliance status of Finnovate Technology Solutions Private Limited?

    The compliance status of Finnovate Technology Solutions Private Limited is Compliant.

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