Finnovative Trade LLP
About Finnovative Trade LLP
Data last updated:
Finnovative Trade LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 24 December 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAR-4057.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Rashmin Babulal Shah and Priyanka Vaibhav Chandak.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 408 4th Floor 21st Business Center B/S World Trade Centre Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹2.83 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.44 Lakh (net margin 5.5%) and EBITDA of ₹1.02 Cr (EBITDA margin 35.9%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address408 4th Floor 21st Business Center B/S World Trade Centre Ring Road, Surat, Gujarat, India – 395002
- IndustryFinancial Services, Brokerage & Trading 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
Financials of Finnovative Trade LLP FY 2025 filings available
Finnovative Trade LLP reported revenue of ₹2.83 Cr (up 1850% YoY) for FY 2022.
Financial Statement Summary of Finnovative Trade LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• |
| Profit After Tax | ₹15.44 Lakh | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• |
| Assets and Liabilities | |||
| Partners' Contribution | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Finnovative Trade LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | 5.5% | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Finnovative Trade 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.
Designated Partners of Finnovative Trade LLP
Finnovative Trade has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmin Babulal Shah Also directs: Finnovative Global Broking Ifsc LLP, Finnovative Global Trade LLP | Designated Partner | 24 Dec 2019 | 6 Years 9 Months | Current |
| Priyanka Vaibhav Chandak Also directs: Finnovative Share Broking LLP | Designated Partner | 24 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of Finnovative Trade LLP
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 Finnovative Trade LLP
Finnovative Trade LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Finnovative Trade LLP
Employment history and EPFO contributions of people linked to Finnovative Trade.
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 Finnovative Trade LLP
Finnovative Trade LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Priyanka Vaibhav Chandak was appointed as Designated Partner on 24 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Finnovative Trade LLP
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 Finnovative Trade LLP
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 Finnovative Trade LLP
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 Finnovative Trade LLP
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 Finnovative Trade LLP
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 Finnovative Trade LLP
Finnovative Trade is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in brokerage and trading services, within the financial services industry. It was incorporated on 24 December 2019 (7+ years old) and is registered under LLPIN AAR-4057.
Finnovative Trade reported revenue of ₹2.83 Cr for FY 2022 (up 1850% YoY).
Finnovative Trade has 2 current designated partners:
- Rashmin Babulal Shah - Designated Partner
- Priyanka Vaibhav Chandak - Designated Partner
Finnovative Trade reported a net profit of ₹15.44 Lakh (net margin 5.5%) and EBITDA of ₹1.02 Cr (EBITDA margin 35.9%) for FY 2022, as per its filed financial statements.
The LLPIN (Limited Liability Partnership Identification Number) of Finnovative Trade is AAR-4057. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Finnovative Trade was incorporated on 24 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Priyanka Vaibhav Chandak was appointed as Designated Partner on 24 Dec 2019. Rashmin Babulal Shah was appointed as Designated Partner on 24 Dec 2019.
The registered office of Finnovative Trade is at 408 4th Floor 21st Business Center BS World Trade Centre Ring Road, Surat, Gujarat, India – 395002.
The total obligation of contribution is ₹1 Lakh.
Finnovative Trade operates in the financial services industry, in the brokerage and trading services segment.