Finocart Solutions Private Limited

Finocart Solutions Private Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U74999MH2021PTC355732 Incorporated 23 February 2021 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2024
₹1.16 Lakh
▲ 42% YoY
Net profit · FY 2024
₹66,215
Net margin 57.2%
EBITDA · FY 2024
₹66,215
EBITDA margin 57.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

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

CIN U74999MH2021PTC355732
Registration Number 355732
Incorporation Date 23 February 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0094471

Recognitions & Rankings of Finocart Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0094471

Contact details

Finocart Solutions Private Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    E – 701 Lotus Corporate Park Off W.E Highway Goregaon East, Mumbai, Maharashtra, India – 400063
  • Industry
    Financial Services, Digital Payment Solutions
Comprehensive company report
Finocart Solutions Private Limited - one report that includes everything
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  • 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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Business activity

The main business activity of Finocart Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management 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 available

Finocart Solutions Private Limited reported revenue of ₹1.16 Lakh (up 42% YoY) for FY 2024.

Revenue · FY 2024
₹1.16 Lakh ▲ 42%
Net profit · FY 2024
₹66,215 margin 57.2%
EBITDA · FY 2024
₹66,215 margin 57.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 42%
EBITDA CAGR growth
1 year
▲ 111%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹66,215
Profit Before Tax
Tax Expense
Net Profit (PAT)₹66,215
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin57.2%
Net Profit Margin57.2%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Vandana BiyaniDirector23 Feb 20215 Years 8 MonthsCurrent
Purvi Chintan ShahDirector23 Feb 20215 Years 8 MonthsCurrent
Neeta Nilesh ShahDirector23 Feb 20215 Years 8 MonthsCurrent

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECF4582B1ZSMaharashtraActive05 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.

AGM
Finocart Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Finocart Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Neeta Nilesh Shah was appointed as Director.
Appointed
Purvi Chintan Shah was appointed as Director.
Appointed
Vandana Biyani was appointed as Director.
Incorporation
23 Feb 2021
Finocart Solutions Private Limited was registered on 23 Feb 2021 with Roc Mumbai I & aged 5 years 8 months as per MCA records.

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:

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.