- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0098159

About Finnovators Services Private Limited
Data last updated:
Finnovators Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 19 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2014PTC150692. Its GSTIN is 27AACCF3603P1ZH (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25.8 Lakh. It was formerly known as Finnovators Solutions Private Limited. It is led by directors including Balvir Baldevraj Chawla and Amarnath Satyanarayan Lal.
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 B20 Jai Ganesh Vision Sidhivinayak Kohinoor Assiciates Akurdi, Pune, Maharashtra, India – 411035.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.78 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹56.43 Lakh (net margin 4.4%) and EBITDA of ₹77.46 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 47% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Finnovators. The company has 3 deals on record (3 rights issues); the latest was in October 2021.
Finnovators Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0098159). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finnovators.in.
Company details
Recognitions & Rankings of Finnovators Services
Contact details
Finnovators Services Private Limited's registered office is in Pune, Maharashtra. Its website is finnovators.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB20 Jai Ganesh Vision Sidhivinayak Kohinoor Assiciates Akurdi, Pune, Maharashtra, India – 411035
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Finnovators 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
Brands
Finnovators Services operates one associated brand: Finnovators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides wealth management and mutual fund services for financial growth. | finnovators.in |
Business activity
The main business activity of Finnovators Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Finnovators Services Private Limited, buy the company report.
Financials of Finnovators Services Private Limited
FY 2025 filings availableFinnovators Services Private Limited reported revenue of ₹12.78 Cr (up 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 42% growth in the latest year. EBITDA rose 85% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹77.46 Lakh | ||||
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| Net Profit (PAT) | ₹56.43 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 | 6.1% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Finnovators Services Private Limited, buy the company report.
Board of directors of Finnovators Services Private Limited
Finnovators Services has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balvir Baldevraj Chawla | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
| Amarnath Satyanarayan Lal Also directs: Finnovators Asl LLP | Director | 07 Mar 2020 | 6 Years 7 Months | Current |
| Neepa Anil Khatri Also directs: Dna Finserv LLP | Director | 07 Mar 2020 | 6 Years 7 Months | Current |
| Hemant Kishor Kale Also directs: Finnovators HKK LLP | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
| Bhupendra Vijay Ketkar | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
| Kunnavakam Vinjamur Balaji | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Finnovators Services Private Limited is audited by KISHOR GUJAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KISHOR GUJAR & ASSOCIATES | FY 2023 | 116747W |
Shareholding
The shareholding of Finnovators 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 Finnovators Services Private Limited, buy the company report.
Deals & funding
Finnovators Services Private Limited has 3 deals on record (3 rights issues); the latest was in October 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹12.7 Lakh | Investors: 4 individuals |
| Nov 2020 | Rights issue | ₹5.7 Lakh | Investors: 2 individuals |
| Feb 2020 | Rights issue | ₹17.3 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Finnovators 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 Finnovators Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Finnovators Services Private Limited has a workforce of 27 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Finnovators Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF3603P1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Finnovators Services Private Limited, buy the company report.
Recent activity
Finnovators Services Private Limited has 8 board changes on record since 2014: 7 appointments and 1 cessation. The latest: Hemant Kishor Kale was appointed as Director on 26 Oct 2020.
Frequently asked questions
Finnovators Services is an active private limited company based in Pune, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 19 February 2014 (12+ years old) and is registered under CIN U74999PN2014PTC150692.
Finnovators Services has 7 current directors:
- Balvir Baldevraj Chawla - Director
- Amarnath Satyanarayan Lal - Director
- Neepa Anil Khatri - Director
- Hemant Kishor Kale - Director
- Bhupendra Vijay Ketkar - Director
- Kunnavakam Vinjamur Balaji - Director
- Veena Dushyant Malgonkar - Director
The latest financial statements of Finnovators Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Finnovators Services is 27AACCF3603P1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finnovators Services is U74999PN2014PTC150692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finnovators Services was incorporated on 19 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Finnovators Services has 3 deals on record (3 rights issues); the latest was in October 2021.
Hemant Kishor Kale was appointed as Director on 26 Oct 2020. Veena Dushyant Malgonkar was appointed as Director on 26 Oct 2020. Amarnath Satyanarayan Lal was appointed as Director on 07 Mar 2020. Finnovators Services has 8 board changes on record in total.
Yes, Finnovators Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0098159).
Finnovators Services can be reached through the website finnovators.in. Its registered office is in Pune, Maharashtra, India.