- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0094471

Finocart Solutions Private Limited
About Finocart Solutions Private Limited
Data last updated:
Finocart Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 23 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2021PTC355732. Its GSTIN is 27AAECF4582B1ZS (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vandana Biyani and Purvi Chintan Shah.
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 E – 701 Lotus Corporate Park Off W.E Highway Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.16 Lakh, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹66,215 (net margin 57.2%) and EBITDA of ₹66,215 (EBITDA margin 57.2%).
Finocart Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0094471).
Company details
Recognitions & Rankings of Finocart Solutions
Contact details
Finocart Solutions Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressE – 701 Lotus Corporate Park Off W.E Highway Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Digital Payment Solutions
- 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
Business activity
The main business activity of Finocart Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Finocart Solutions Private Limited, buy the company report.
Financials of Finocart Solutions Private Limited
FY 2025 filings availableFinocart Solutions Private Limited reported revenue of ₹1.16 Lakh (up 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 42% in the latest year. EBITDA rose 111% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹66,215 | |||
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| Net Profit (PAT) | ₹66,215 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 57.2% | |||
| Net Profit Margin | 57.2% | |||
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To see the full financial statements and ratios of Finocart Solutions Private Limited, buy the company report.
Board of directors of Finocart Solutions Private Limited
Finocart Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Biyani | Director | 23 Feb 2021 | 5 Years 8 Months | Current |
| Purvi Chintan Shah | Director | 23 Feb 2021 | 5 Years 8 Months | Current |
| Neeta Nilesh Shah | Director | 23 Feb 2021 | 5 Years 8 Months | Current |
Legal cases
No court or tribunal cases involving Finocart Solutions 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 Finocart Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finocart Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF4582B1ZS | Maharashtra | Active | 05 Jul 2021 |
To see the full GST registrations and return filing status of Finocart Solutions Private Limited, buy the company report.
Recent activity
Finocart Solutions Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Neeta Nilesh Shah was appointed as Director on 23 Feb 2021.
Frequently asked questions
Finocart Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 23 February 2021 (5+ years old) and is registered under CIN U74999MH2021PTC355732.
Finocart Solutions has 3 current directors:
- Vandana Biyani - Director
- Purvi Chintan Shah - Director
- Neeta Nilesh Shah - Director
The latest financial statements of Finocart Solutions 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 FY 2021 are in the company report.
The GSTIN of Finocart Solutions is 27AAECF4582B1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finocart Solutions is U74999MH2021PTC355732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finocart Solutions was incorporated on 23 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Neeta Nilesh Shah was appointed as Director on 23 Feb 2021. Purvi Chintan Shah was appointed as Director on 23 Feb 2021. Vandana Biyani was appointed as Director on 23 Feb 2021.
Yes, Finocart Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0094471).
The registered office of Finocart Solutions is at E – 701 Lotus Corporate Park Off W.E Highway Goregaon East, Mumbai, Maharashtra, India – 400063.
Finocart Solutions operates in the financial services industry, in the digital payment solutions segment.

