About Fino Paytech Limited
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Fino Paytech Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 15 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2006PLC162656. Its GSTIN is 27AAACF9869M1ZT (Maharashtra). The company holds 23 GST registrations, of which 18 are active.
The company has an authorised share capital of ₹170 Cr and a paid-up capital of ₹127.91 Cr. It was formerly known as Financial Information Network and Operations Ltd and Financial Information Network and Operations Private Limited. It is led by directors including Amit Kumar Jain (Whole-Time Director) and Apurva Pradeep Joshi.
Its last annual general meeting (AGM) was held on 29 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,864.43 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹97.49 Cr (net margin 5.2%) and EBITDA of ₹292.71 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 17% over five years.
The company has about 19 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Fino Paytech. As per MCA filings, the company has open charges of ₹18.58 Lakh and satisfied charges of ₹270.21 Cr on record. Court records list 34 cases involving the company, including 19 filed by the company and 15 filed against it; 7 cases are pending. The company has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹682.15 Cr; the latest was in January 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finopaytech.com.
Company details
Name history
Fino Paytech has undergone 6 name changes throughout its history. The current legal name is Fino Paytech Limited.
| Company Name | Status |
|---|---|
| Fino Paytech Limited | Current |
| Financial Information Network And Operations Ltd | Previous |
| Financial Information Network And Operations Private Limited | Previous |
| Financial Inclusion Network And Operations Limited | Previous |
| Financial Information Network And Operations Limited | Previous |
| Financial Information Network And Operations Pvt Ltd | Previous |
| Financial Inclusion Network & Operations Limited | Previous |
CIN history
Fino Paytech has one previous CIN (Corporate Identification Number): U72900MH2006PTC162656. The current CIN is U72900MH2006PLC162656, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2006PLC162656 | Current |
| U72900MH2006PTC162656 | Previous |
Contact details
Fino Paytech Limited's registered office is in Navi Mumbai, Maharashtra. Its website is finopaytech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMindspace Juinagar 9th Floor Plot No. Gen 2/1/F Tower 1 Ttc Industrial Area MIDC Shirwan, E Juinagar, Navi Mumbai, Maharashtra, India – 400706
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Fino Paytech 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
Fino Paytech operates one associated brand: Fino Paytech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology solutions for banking and financial sectors are provided. | finopaytech.com |
Business activity
The main business activity of Fino Paytech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Fino Paytech Limited, buy the company report.
Financials of Fino Paytech Limited
FY 2026 filings availableFino Paytech Limited reported revenue of ₹1,864.43 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 25% growth in the latest year. EBITDA rose 316% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,864.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹292.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹97.49 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Fino Paytech Limited, buy the company report.
Board of directors and KMP of Fino Paytech Limited
Fino Paytech Limited currently reports 7 directors and 1 key managerial person. 36 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Apurva Pradeep Joshi Also directs: Associated Alcohols & Breweries Ltd., Paramount Speciality Forgings Limited, Precision Camshafts Limited and 5 more | Director | 25 Nov 2022 | 3 Years 11 Months | Current |
| Suresh Balasubramanian Also directs: FFPL Finserv Private Limited | Cfo | 27 Jan 2025 | 1 Years 9 Months | Current |
| Manoj Heda Also directs: Sabarmati Gas Limited | Nominee Director | 22 Nov 2022 | 3 Years 11 Months | Current |
| Rajeev Deoras | Director | 25 Nov 2022 | 3 Years 11 Months | Current |
| Sivakumar Krishnamurthy | Director | 20 Nov 2025 | 0 Years 11 Months | Current |
| Prateek Roongta Also directs: International Gemological Institute Limited, Fino Payments Bank Limited, Aadhar Housing Finance Limited and 5 more | Nominee Director | 28 Oct 2022 | 4 Years 0 Months | Current |
Auditor
Fino Paytech Limited is audited by A P Sanzgiri & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P Sanzgiri & Co. | FY 2025 | 116293W |
Shareholding
The shareholding of Fino Paytech Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fino Paytech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2019 | 100242133 | Yes Bank Limited | ₹18.58 Lakh | Open | |
| 17 Apr 2021 | 100453420 | State Bank of India | ₹47.5 Cr | Satisfied | |
| 20 Nov 2018 | 100242131 | Yes Bank Limited | ₹15 Lakh | Satisfied | |
| 16 Oct 2018 | 100242127 | Yes Bank Limited | ₹38.62 Lakh | Satisfied | |
| 06 Oct 2018 | 100242139 | Yes Bank Limited | ₹20 Lakh | Satisfied |
To see the full charge records of Fino Paytech Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Fino Paytech Limited has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹682.15 Cr; the latest was in January 2022.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Funding round · Series D | ₹395.5 Cr | Investors: Bharat Petroleum Corporation Limited , Icici Prudential Life Insurance Company Limited , Exide Life Insurance Company Limited |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: Fino Trusteeship Services Limited , 3 individuals Seller: 4 individuals |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Fino Trusteeship Services Limited , 3 individuals |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: Intel Capital, 3 individuals Seller: Ifmr Trust, 3 individuals |
| Jul 2011 | Secondary share transfer | Undisclosed | Buyer: Fino Trusteeship Services Limited , 3 individuals Seller: 4 individuals |
To see the full deal history of Fino Paytech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fino Paytech Limited has 34 court cases on record: 19 filed by Fino Paytech, 15 filed against it. 7 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 11 | 5 |
| District courts | 9 | 4 | 2 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against Icici Bank Limited, Represented by Its Authorized Authority and 1 other | Pending |
| Bombay High Court | Court case (CHSCD) | Filed by the company against M/S. Rentworks India Pvt. Ltd. and Anr. | Disposed |
| Bombay High Court | Court case (CHSCD) | Filed by the company against Central Bank of India Through Its Chairman Chander Mukhi | Disposed |
| Bombay High Court | Court case (CARAP) | Filed by the company against Central Bank of India Through Its Chairman Chander Mukhi and 1 other | Disposed |
| Bombay High Court | Court case (CARAP) | Filed by the company against M/S. Rentworks India Pvt. Ltd. and Anr. and 1 other | Disposed |
To see the full case history of Fino Paytech 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.
Credit ratings & regulatory alerts
Fino Paytech Limited was last rated by Indiarating on 20 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 20 Jul 2021 |
To see the full credit ratings and regulatory alerts of Fino Paytech Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fino Paytech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Fino Paytech has 4 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Fino Payments Bank Limited | L65100MH2007PLC171959 | |
| Fino Finance Private Limited | U65921MH1994PTC216496 | |
| Fino Financial Services Private Limited | U67100MH2014PTC258273 | |
| Fino Trusteeship Services Limited | U67190MH2009PLC192391 |
To see the full group structure of Fino Paytech Limited, buy the company report.
Employees & EPFO
Fino Paytech Limited has a workforce of 19 employees on its EPFO records as of Aug 06, 2025, across 1 active EPFO establishment.
GST
Fino Paytech has 23 GST registrations: 18 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF9869M1ZT | Maharashtra | Active | 01 Jul 2017 |
| 27AAACF9869M2ZS | Maharashtra | Active | 01 Sep 2017 |
| 06AAACF9869M1ZX | Haryana | Active | 01 Jul 2017 |
| 07AAACF9869M2ZU | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fino Paytech Limited, buy the company report.
Recent activity
Fino Paytech Limited has 39 board changes on record since 2007: 8 appointments and 31 cessations. The latest: Kamal Kant was appointed as Nominee Director on 14 Jul 2026.
57 earlier events are in the company report.
News
Frequently asked questions
Fino Paytech is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 15 June 2006 (20+ years old) and is registered under CIN U72900MH2006PLC162656.
Fino Paytech has 8 current directors and KMP:
- Amit Kumar Jain - Whole-Time Director
- Apurva Pradeep Joshi - Director
- Manoj Heda - Nominee Director
- Rajeev Deoras - Director
- Sivakumar Krishnamurthy - Director
- Prateek Roongta - Nominee Director
- Kamal Kant - Nominee Director
- Suresh Balasubramanian - Cfo
The latest financial statements of Fino Paytech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Fino Paytech is 27AAACF9869M1ZT, registered in Maharashtra. The company has 23 GST registrations in all, of which 18 are active and 5 are cancelled or inactive. Other active GSTINs include 27AAACF9869M2ZS (Maharashtra), 06AAACF9869M1ZX (Haryana), 07AAACF9869M2ZU (Delhi).
The CIN (Corporate Identification Number) of Fino Paytech is U72900MH2006PLC162656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fino Paytech has 34 court cases on record: 19 filed by the company and 15 filed against it. 7 are pending. Most are in the high courts.
Fino Paytech was incorporated on 15 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Fino Paytech has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹682.15 Cr; the latest was in January 2022.
Kamal Kant was appointed as Nominee Director on 14 Jul 2026. Sivakumar Krishnamurthy was appointed as Director on 20 Nov 2025. Suresh Balasubramanian was appointed as CFO on 27 Jan 2025. Fino Paytech has 39 board changes on record in total.
Fino Paytech can be reached through the website finopaytech.com. Its registered office is in Navi Mumbai, Maharashtra, India.
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