Finoability Private Limited
About Finoability Private Limited
Data last updated:
Finoability Private Limited is a private limited company based in Howrah, West Bengal, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 18 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2020PTC237561. Its GSTIN is 19AAECF1054G1ZU (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Shambhu Dayal Agarwal and Piyush Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 31 Abhoy Guha Road, Howrah, West Bengal, India – 711204.
As per the financials filed for FY 2022, the company reported a revenue of ₹99,014, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹1.5 Lakh (net margin -151.8%) and EBITDA of -₹1.5 Lakh (EBITDA margin -151.8%).
Company details
Contact details
Finoability Private Limited's registered office is in Howrah, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address31 Abhoy Guha Road, Howrah, West Bengal, India – 711204
- IndustryEducation, Corporate Training & Development
To see the full contact details of Finoability 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
Financials of Finoability Private Limited
FY 2024 filings availableFinoability Private Limited reported revenue of ₹99,014 (down 33% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹99,014 | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.5 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.5 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 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -151.8% | |
| Net Profit Margin | -151.8% | |
| 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 Finoability Private Limited, buy the company report.
Board of directors of Finoability Private Limited
Finoability has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shambhu Dayal Agarwal | Director | 18 Jun 2020 | 6 Years 4 Months | Current |
| Piyush Agarwal | Director | 18 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Finoability Private Limited is audited by ANURAG GUPTA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANURAG GUPTA & CO | FY 2022 | 329557E |
Shareholding
The shareholding of Finoability Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Finoability Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finoability 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 Finoability Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Finoability Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Finoability has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECF1054G1ZU | West Bengal | Active | 27 Aug 2020 |
To see the full GST registrations and return filing status of Finoability Private Limited, buy the company report.
Recent activity
Finoability Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Piyush Agarwal was appointed as Director on 18 Jun 2020.
Frequently asked questions
Finoability is an active private limited company based in Howrah, West Bengal, India. The company works in corporate training and development, within the education industry. It was incorporated on 18 June 2020 (6+ years old) and is registered under CIN U74999WB2020PTC237561.
Finoability has 2 current directors:
- Shambhu Dayal Agarwal - Director
- Piyush Agarwal - Director
The latest financial statements of Finoability on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Finoability is 19AAECF1054G1ZU, registered in West Bengal.
The CIN (Corporate Identification Number) of Finoability is U74999WB2020PTC237561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finoability was incorporated on 18 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kolkata.
Piyush Agarwal was appointed as Director on 18 Jun 2020. Shambhu Dayal Agarwal was appointed as Director on 18 Jun 2020.
The registered office of Finoability is at 31 Abhoy Guha Road, Howrah, West Bengal, India – 711204.
Finoability operates in the education industry, in the corporate training and development segment.
Finoability can be reached at its registered office: 31 Abhoy Guha Road, Howrah, West Bengal, India – 711204.