Finotrue Services Private Limited
About Finotrue Services Private Limited
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Finotrue Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 16 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74120KA2015PTC083461. Its GSTIN is 29AACCF6726D1ZO (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors Manisha Shailesh Mehta and Shailesh Prakash Mehta.
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 D – 203 Spring Field Opp.Hdfc Bank Sarjapur Road, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.41 Lakh. For the same year it recorded a net loss of ₹25.64 Lakh (net margin -400%) and EBITDA of -₹25.53 Lakh (EBITDA margin -398.3%).
The company is associated with 1 brand: FinoZen.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Finotrue Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 203 Spring Field Opp.Hdfc Bank Sarjapur Road, Bangalore, Karnataka, India – 560102
- IndustryFinancial Services, Financial Activities
To see the full contact details of Finotrue Services 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
Brands
Finotrue Services operates one associated brand: FinoZen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investments in liquid mutual funds are enabled via mobile app. | finozen.com |
Financials of Finotrue Services Private Limited
FY 2024 filings availableFinotrue Services Private Limited reported revenue of ₹6.41 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹6.41 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹25.53 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹25.64 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 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -398.3% | |
| Net Profit Margin | -400% | |
| 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 Finotrue Services Private Limited, buy the company report.
Board of directors of Finotrue Services Private Limited
Finotrue Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Shailesh Mehta | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Shailesh Prakash Mehta Also directs: Divya Multicon Private Limited, Rupeelog Financial Services Private Limited, Moon Infotech Private Limited and 2 more | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
Auditor
Finotrue Services Private Limited is audited by B C SHETTY AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B C SHETTY AND CO | FY 2017 | 003819S |
Shareholding
The shareholding of Finotrue Services Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Finotrue Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finotrue Services 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 Finotrue Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finotrue Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF6726D1ZO | Karnataka | Active | 16 Sep 2017 |
To see the full GST registrations and return filing status of Finotrue Services Private Limited, buy the company report.
Recent activity
Finotrue Services Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Nirmala Mehta ceased to be Director on 01 Mar 2023.
Frequently asked questions
Finotrue Services is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 16 October 2015 (11+ years old) and is registered under CIN U74120KA2015PTC083461.
Finotrue Services has 2 current directors:
- Manisha Shailesh Mehta - Director
- Shailesh Prakash Mehta - Director
The latest financial statements of Finotrue Services 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 2016 are in the company report.
The GSTIN of Finotrue Services is 29AACCF6726D1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Finotrue Services is U74120KA2015PTC083461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finotrue Services was incorporated on 16 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Nirmala Mehta ceased to be Director on 01 Mar 2023. Yash Shailesh Mehta ceased to be Director on 01 Mar 2023. Manisha Shailesh Mehta was appointed as Director on 30 Sep 2022. Finotrue Services has 6 board changes on record in total.
The registered office of Finotrue Services is at D – 203 Spring Field Opp.Hdfc Bank Sarjapur Road, Bangalore, Karnataka, India – 560102.
Finotrue Services operates in the financial services industry, in the financial activities segment.
The compliance status of Finotrue Services is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.