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Finnovus Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹23.8 Lakh
▼ 79% YoY
Net loss · FY 2026
₹38.85 Lakh
Net margin -163.3%
EBITDA · FY 2026
-₹29.09 Lakh
EBITDA margin -122.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Finnovus Technologies Private Limited
Data last updated:
Finnovus Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Gabhasti Technology Private Limited and recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC340845. Its GSTIN is 27AAECF1073F1ZW (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors Chetan Pandya and Kamlesh Pandya.
Its last annual general meeting (AGM) was held on 30 October 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 11/B – 503 5th Floor Baronet Building Lokhandwala Township Kandivali E, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2026, the company reported a revenue of ₹23.8 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹38.85 Lakh (net margin -163.3%) and EBITDA of -₹29.09 Lakh (EBITDA margin -122.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company is associated with 1 brand: CreditSiddhi. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round); the latest was in December 2024.
Finnovus Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0103205). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website creditsiddhi.com.
Company details
CIN U72900MH2020PTC340845
Registration Number 340845
Incorporation Date 20 June 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2024
Date of Balance Sheet 31 March 2026
Parent Company Gabhasti Technology Private Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0103205
Recognitions & Rankings of Finnovus Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0103205
Contact details
Finnovus Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is creditsiddhi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address11/B – 503 5th Floor Baronet Building Lokhandwala Township Kandivali E, Mumbai, Maharashtra, India – 400101
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Finnovus Technologies Private Limited, buy the company report.
Comprehensive company report
Finnovus Technologies Private Limited - one report that includes everything
- 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
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Brands
Finnovus Technologies operates one associated brand: CreditSiddhi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-based credit risk assessment solutions are offered to financial institutions. | creditsiddhi.com |
Business activity
The main business activity of Finnovus Technologies is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Finnovus Technologies Private Limited, buy the company report.
Financials of Finnovus Technologies Private Limited
FY 2026 filings availableFinnovus Technologies Private Limited reported revenue of ₹23.8 Lakh (down 79% YoY) for FY 2026.
Revenue · FY 2026
₹23.8 Lakh ▼ 79%
Net loss · FY 2026
₹38.85 Lakh margin -163.3%
EBITDA · FY 2026
-₹29.09 Lakh margin -122.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 79%
3 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 81%
Revenue fell 79% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 81% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹23.8 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹29.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38.85 Lakh | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -122.2% | ||||
| Net Profit Margin | -163.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Finnovus Technologies Private Limited, buy the company report.
Board of directors of Finnovus Technologies Private Limited
Finnovus Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Pandya Also directs: Gabhasti Technology Private Limited | Director | 20 Jun 2020 | 6 Years 4 Months | Current |
| Kamlesh Pandya | Additional Director | 15 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Finnovus Technologies Private Limited is audited by Gunjan Jhunjhunwala for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gunjan Jhunjhunwala | FY 2026 | 306274 |
Shareholding
The shareholding of Finnovus Technologies Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Finnovus Technologies Private Limited, buy the company report.
Deals & funding
Finnovus Technologies Private Limited has 1 deal on record (1 funding round); the latest was in December 2024.
Total deals
1
Funding round
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Funding round | Undisclosed | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Finnovus Technologies Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Paramatrix Technologies Limited Through Its Authorised Representative Shri Hiran Shah | Pending |
To see the full case history of Finnovus Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Finnovus Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finnovus Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF1073F1ZW | Maharashtra | Active | 29 Jun 2020 |
To see the full GST registrations and return filing status of Finnovus Technologies Private Limited, buy the company report.
Recent activity
Finnovus Technologies Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Kamlesh Pandya was appointed as Additional Director on 15 Jan 2026.
Filing
Finnovus Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Kamlesh Pandya was appointed as Additional Director.
AGM
Finnovus Technologies Private Limited last Annual general meeting of members was held on 30 Oct 2024 as per latest MCA records.
Ceased
Rajnish Kumar Singh ceased to be Additional Director.
Appointed
Rajnish Kumar Singh was appointed as Nominee Director.
Ceased
Kunal Sharma ceased to be Additional Director.
Appointed
Kunal Sharma was appointed as Director.
Ceased
Harish Menon ceased to be Director.
Appointed
Chetan Pandya was appointed as Director.
Appointed
Sajal Kumar Gupta was appointed as Director.
Incorporation
20 Jun 2020
Finnovus Technologies Private Limited was registered on 20 Jun 2020 with Roc Mumbai I & aged 6 years 4 months as per MCA records.
Frequently asked questions
Finnovus 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 20 June 2020 (6+ years old) and is registered under CIN U72900MH2020PTC340845.
Finnovus Technologies has 2 current directors:
- Chetan Pandya - Director
- Kamlesh Pandya - Additional Director
The latest financial statements of Finnovus Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 October 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Finnovus Technologies is 27AAECF1073F1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finnovus Technologies is U72900MH2020PTC340845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finnovus Technologies has 2 court cases on record: 2 filed against it. 2 are pending.
Finnovus Technologies was incorporated on 20 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Finnovus Technologies has 1 deal on record (1 funding round); the latest was in December 2024.
Kamlesh Pandya was appointed as Additional Director on 15 Jan 2026. Rajnish Kumar Singh ceased to be Additional Director on 29 Sep 2023. Rajnish Kumar Singh was appointed as Nominee Director on 21 Sep 2023. Finnovus Technologies has 8 board changes on record in total.
Yes, Finnovus Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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