Finnovation Technologies Private Limited
About Finnovation Technologies Private Limited
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Finnovation Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC332706.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Niraj Jagnarayan Pandey and Sunil Kumar Manocha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office – 208 Aar Pee Centre MIDC Road No. 11 Cts – 70 Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹10 Lakh, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹29,358 (net margin 2.9%) and EBITDA of ₹39,232 (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
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- Registered AddressOffice – 208 Aar Pee Centre MIDC Road No. 11 Cts – 70 Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Finnovation Technologies Private Limited
The main business activity of Finnovation Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Finnovation Technologies Private Limited FY 2025 filings available
Finnovation Technologies Private Limited reported revenue of ₹10 Lakh (up 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Finnovation Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 54% growth in the latest year. EBITDA fell 87% 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 of Finnovation Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹39,232 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29,358 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Finnovation Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Finnovation Technologies are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Finnovation Technologies Private Limited
Finnovation Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Growinfinity Enterprise Solutions Private Limited | ₹10 Lakh (FY 2023) | •••• | •••• | -58.0% | •••• | Bhubaneswar, Odisha, India |
| Hectacode Technologies Private Limited | ₹10 Lakh (FY 2024) | •••• | •••• | 340.0% | •••• | Ahmedabad, Gujarat, India |
| Innovmind Industries Private Limited | ₹10 Lakh (FY 2024) | •••• | •••• | 100001500.0% | •••• | Kolkata, West Bengal, India |
| Omkaar Business Solutions Private Limited | ₹10 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Finnovation Technologies Private Limited this company | ₹10 Lakh (FY 2025) | •••• | •••• | 54.0% | •••• | Mumbai, Maharashtra, India |
| Shivaji Investment and Trading Company Private Limited | ₹10 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Mumbai, Maharashtra, India |
| Science Bazaar Private Limited | ₹10 Lakh (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Equinox Global Associates Private Limited | ₹10 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Stack Tree Technologies Private Limited | ₹10 Lakh (FY 2023) | •••• | •••• | -69.0% | •••• | Thiruvananthapuram, Kerala, India |
| Telfs Dynamics (OPC) Private Limited | ₹10 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Core India Institute of Legal Medicine Private Limited | ₹10 Lakh (FY 2021) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Finnovation Technologies by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Finnovation Technologies Private Limited
Finnovation Technologies Private Limited is audited by I.P. Mehta & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| I.P. Mehta & Company | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Finnovation Technologies Private Limited
Finnovation Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Jagnarayan Pandey Also directs: Pandey Marketing Private Limited | Director | 01 Jan 2024 | 2 Years 9 Months | Current |
| Sunil Kumar Manocha Also directs: Capitalsquare Ventures LLP, Capitalsquare Insurance Brokers Private Limited, Capitalsquare Advisors Private Limited and 5 more | Director | 07 Nov 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of Finnovation Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Finnovation Technologies Private Limited
Finnovation Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Finnovation Technologies Private Limited
Employment history and EPFO contributions of people linked to Finnovation Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Finnovation Technologies Private Limited
Finnovation Technologies Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Niraj Jagnarayan Pandey ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Finnovation Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Finnovation Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Finnovation Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Finnovation Technologies Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Finnovation Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Finnovation Technologies Private Limited
Finnovation Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 November 2019 (7+ years old) and is registered under CIN U74999MH2019PTC332706.
Finnovation Technologies reported revenue of ₹10 Lakh for FY 2025 (up 54% YoY).
Finnovation Technologies has 2 current directors:
- Niraj Jagnarayan Pandey - Director
- Sunil Kumar Manocha - Director
Finnovation Technologies reported a net profit of ₹29,358 (net margin 2.9%) and EBITDA of ₹39,232 (EBITDA margin 3.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finnovation Technologies is 26% over three years. In the latest year (FY 2025) revenue rose 54%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Finnovation Technologies is U74999MH2019PTC332706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finnovation Technologies was incorporated on 07 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Finnovation Technologies by revenue are Growinfinity Enterprise Solutions Private Limited, Hectacode Technologies Private Limited, Innovmind Industries Private Limited, Omkaar Business Solutions Private Limited, Shivaji Investment and Trading Company Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Niraj Jagnarayan Pandey ceased to be Additional Director on 29 Sep 2024. Niraj Jagnarayan Pandey was appointed as Director on 01 Jan 2024. Pratyush Sunil Kumar Manocha ceased to be Director on 01 Jan 2024. Finnovation Technologies has 6 board changes on record in total.
The registered office of Finnovation Technologies is at Office – 208 Aar Pee Centre MIDC Road No. 11 Cts – 70 Andheri East, Mumbai, Maharashtra, India – 400093.
Finnovation Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.