Finomial Software Private Limited

Finomial Software Private Limited - software in Delhi, India. Directors, charges & compliance details.
CIN U72200DL2012FTC237157 Incorporated 08 June 2012 ROC Delhi HQ Delhi, India
Struck Off Foreign Private Limited Company software
Data last updated
Revenue · FY 2016
₹2.05 Cr
▼ 46% YoY
Net loss · FY 2016
₹22.3 Lakh
Net margin -10.9%
EBITDA · FY 2016
-₹16.32 Lakh
EBITDA margin -8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Last financials
Mar 2016
Balance sheet date

About Finomial Software Private Limited

Data last updated:

Finomial Software Private Limited was a foreign private limited company based in Delhi, India, operated as a subsidiary of Finomial Corporation Usa. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and IT solutions segment of the software and technology sector. It was incorporated on 08 June 2012.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2012FTC237157.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Meredith Allison Moss and Aman Didwania.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Level – 2 Elegance Tower Old Mathura Road Jasola, Delhi, India – 110025.

As per the financials filed for FY 2016, the company reported a revenue of ₹2.05 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹22.3 Lakh (net margin -10.9%) and EBITDA of -₹16.32 Lakh (EBITDA margin -8%).

The last known website on record is finomial.com.

Company details

CIN U72200DL2012FTC237157
Registration Number 237157
Incorporation Date 08 June 2012
ROC Delhi
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Parent Company Finomial Corporation Usa
Compliance Status Active Non-Compliant

Contact details

Finomial Software Private Limited's registered office is in Delhi, Delhi.

  • Social Media
  • Registered Address
    Level – 2 Elegance Tower Old Mathura Road Jasola, Delhi, India – 110025
  • Industry
    Software, Software Development, Software Services
Comprehensive company report
Finomial Software 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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Business activity

The main business activity of Finomial Software is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Finomial Software Private Limited, buy the company report.

Financials of Finomial Software Private Limited

FY 2016 filings available

Finomial Software Private Limited reported revenue of ₹2.05 Cr (down 46% YoY) for FY 2016.

Revenue · FY 2016
₹2.05 Cr ▼ 46%
Net loss · FY 2016
₹22.3 Lakh margin -10.9%
EBITDA · FY 2016
-₹16.32 Lakh margin -8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 46%
EBITDA CAGR growth
1 year
▼ 139%

Revenue fell 46% in the latest year. EBITDA fell 139% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
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-₹16.32 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹22.3 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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin-8%
Net Profit Margin-10.9%
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 Finomial Software Private Limited, buy the company report.

Board of directors of Finomial Software Private Limited

Finomial Software has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Meredith Allison MossDirector08 Jun 201214 Years 5 MonthsAs last reported
Aman DidwaniaDirector28 Sep 201511 Years 1 MonthsAs last reported

Peer comparison

Finomial Software Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Natcomp Computers Private Limited₹2.05 Cr (FY 2025)38.0%New Delhi, Delhi, India
Turningcloud Solutions Private Limited₹2.05 Cr (FY 2025)7.0%Delhi, India
Eilglobal IT Solutions and Services Private Limited₹2.05 Cr (FY 2025)13.0%Chennai, Tamil Nadu, India
Squadron Technology Private Limited₹2.05 Cr (FY 2025)21.0%Gandhinagar, Gujarat, India
Finomial Software Private Limitedthis company₹2.05 Cr (FY 2016)-₹22.3 Lakh-10.9%-46.0%Delhi, India
Upvote Consulting Services Private Limited₹2.05 Cr (FY 2025)-17.0%Mira Road, Maharashtra, India
Pantar IT Services Private Limited₹2.05 Cr (FY 2024)-34.0%Hyderabad, Telangana, India

To see the full peer comparison of Finomial Software Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Finomial Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Finomial Software Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Finomial Software Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Aman Didwania ceased to be Additional Director on 30 Sep 2015.

AGM
Finomial Software Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Finomial Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Delhi.
Ceased
Aman Didwania ceased to be Additional Director.
Appointed
Aman Didwania was appointed as Director.
Ceased
Anirban Dutta ceased to be Director.
Ceased
Subhra Bose ceased to be Director.
Appointed
Meredith Allison Moss was appointed as Director.
Incorporation
08 Jun 2012
Finomial Software Private Limited was registered on 08 Jun 2012 with Roc Delhi & aged 14 years 5 months as per MCA records.

Frequently asked questions

Finomial Software has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Finomial Software was a foreign private limited company based in Delhi, India. The company worked in software development, within the software industry. It was incorporated on 08 June 2012 and is registered under CIN U72200DL2012FTC237157. The company has been struck off by the Registrar of Companies and is no longer operational.

Finomial Software had 2 directors:

The CIN (Corporate Identification Number) of Finomial Software is U72200DL2012FTC237157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Finomial Software is at Level – 2 Elegance Tower Old Mathura Road Jasola, Delhi, India – 110025.

Finomial Software was incorporated on 08 June 2012. It is registered with the Registrar of Companies, Delhi.

Finomial Software can be reached through the website finomial.com. Its registered office is in Delhi, India.

The latest financial statements of Finomial Software on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

Finomial Software operated in the software industry, in the software development segment. It worked in this industry before it was struck off.

The peers of Finomial Software by revenue are Natcomp Computers Private Limited, Turningcloud Solutions Private Limited, Eilglobal IT Solutions and Services Private Limited, Squadron Technology Private Limited, Upvote Consulting Services Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).

Aman Didwania ceased to be Additional Director on 30 Sep 2015. Aman Didwania was appointed as Director on 28 Sep 2015. Anirban Dutta ceased to be Director on 25 Sep 2015. Finomial Software has 5 board changes on record in total.