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Finshakti Solutions Private Limited
Finshakti Solutions Private Limited - information technology in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹32.02 Lakh
▲ 80051025% YoY
EBITDA · FY 2024
-₹2.87 Cr
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.68 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands
About Finshakti Solutions Private Limited
Data last updated:
Finshakti Solutions Private Limited is a private limited company based in Udaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 May 2022.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72200RJ2022PTC081506. Its GSTIN is 27AAFCF0594A1ZX (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.68 Lakh. It is led by directors Virendra Mishra and Raj Parakh.
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 43 Padmawati Complex Mahapragya Vihar Bhuvana, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.02 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded EBITDA of -₹2.87 Cr.
The company is associated with 1 brand: Plusgold. The company has 5 deals on record (3 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹14.36 Cr; the latest was in June 2024. Its 9 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 5 smaller; the largest is Comelio Business Solutions Private Limited with revenue of ₹32.05 Lakh.
Company details
CIN U72200RJ2022PTC081506
Registration Number 081506
Incorporation Date 20 May 2022
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
Virendra Mishra Director Raj Parakh Director Recognitions & Rankings of Finshakti Solutions
Contact details
Finshakti Solutions Private Limited's registered office is in Udaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address43 Padmawati Complex Mahapragya Vihar Bhuvana, Udaipur, Rajasthan, India – 313001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Finshakti Solutions Private Limited, buy the company report.
Comprehensive company report
Finshakti Solutions 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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Brands
Finshakti Solutions operates one associated brand: Plusgold. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital gold investment app allowing users to purchase and redeem gold as jewelry at partner jeweler stores | plusgold.in |
Business activity
The main business activity of Finshakti Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Finshakti Solutions Private Limited, buy the company report.
Financials of Finshakti Solutions Private Limited
FY 2024 filings availableFinshakti Solutions Private Limited reported revenue of ₹32.02 Lakh (up 80051025% YoY) for FY 2024.
Revenue · FY 2024
₹32.02 Lakh ▲ 80051025%
EBITDA · FY 2024
-₹2.87 Cr
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
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| EBITDA | -₹2.87 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ||
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
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To see the full financial statements and ratios of Finshakti Solutions Private Limited, buy the company report.
Board of directors of Finshakti Solutions Private Limited
Finshakti Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virendra Mishra Also directs: Sellmouse E-Marketing Private Limited, Vruksh Ecosystem Foundation | Director | 20 May 2022 | 4 Years 5 Months | Current |
| Raj Parakh Also directs: Fabulyst Private Limited | Director | 22 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Finshakti Solutions Private Limited is compared with the 9 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Comelio Business Solutions Private Limited | ₹32.05 Lakh (FY 2017) | -7.0% | Chennai, Tamil Nadu, India | |||
| Saiacro Consultants Private Limited | ₹32.04 Lakh (FY 2024) | Solapur, Maharashtra, India | ||||
| Connectsys Private Limited | ₹32.04 Lakh (FY 2025) | 170.0% | Bangalore, Karnataka, India | |||
| Digitalpersona Id Management Solutions Private Limited | ₹32.03 Lakh (FY 2021) | -15.0% | Bengaluru, Karnataka, India | |||
| Finshakti Solutions Private Limitedthis company | ₹32.02 Lakh (FY 2024) | 80051025.0% | Udaipur, Rajasthan, India | |||
| Navrita Software Private Limited | ₹32.02 Lakh (FY 2020) | 36.0% | Chennai, Tamil Nadu, India | |||
| Jstech IT Consulting & Services Private Limited | ₹32.01 Lakh (FY 2024) | -55.0% | Hyderabad, Telangana, India | |||
| Primal Codes Technologies Private Limited (OPC) | ₹32.01 Lakh (FY 2024) | 2.0% | Kozhikode, Kerala, India | |||
| Patharitech Private Limited | ₹32.01 Lakh (FY 2025) | -3.0% | Ranchi, Jharkhand, India | |||
| Versatalia Labs Private Limited | ₹32.01 Lakh (FY 2025) | -83.0% | Pune, Maharashtra, India |
To see the full peer comparison of Finshakti Solutions Private Limited, buy the company report.
Auditor
Finshakti Solutions Private Limited is audited by Jinesh Shingavi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jinesh Shingavi & Associates | FY 2023 | 139559W |
Shareholding
The shareholding of Finshakti Solutions Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Finshakti Solutions Private Limited, buy the company report.
Deals & funding
Finshakti Solutions Private Limited has 5 deals on record (3 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹14.36 Cr; the latest was in June 2024.
Total deals
5
Funding rounds
3
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹14.36 Cr
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Funding round · Seed | ₹10.01 Cr | Investors: 4 individuals |
| Feb 2024 | Funding round | ₹60 Lakh | Investors: an individual |
| Feb 2024 | Funding round · Seed | ₹1.25 Cr | Investors: Badami Investments, 3 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
To see the full deal history of Finshakti Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Finshakti 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 Finshakti Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Finshakti Solutions Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
Active EPFO establishments
1
GST
Finshakti Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCF0594A1ZX | Maharashtra | Active | 30 Aug 2022 |
To see the full GST registrations and return filing status of Finshakti Solutions Private Limited, buy the company report.
Recent activity
Finshakti Solutions Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Dharmichand Sunil Kumar ceased to be Nominee Director on 15 May 2025.
Ceased
Dharmichand Sunil Kumar ceased to be Nominee Director.
Ceased
Vaishali Sinha ceased to be Director.
AGM
Finshakti Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Finshakti Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Appointed
Raj Parakh was appointed as Director.
Appointed
Virendra Mishra was appointed as Director.
Incorporation
20 May 2022
Finshakti Solutions Private Limited was registered on 20 May 2022 with Roc Jaipur & aged 4 years 5 months as per MCA records.
News
Frequently asked questions
Finshakti Solutions is an active private limited company based in Udaipur, Rajasthan, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 May 2022 (4+ years old) and is registered under CIN U72200RJ2022PTC081506.
Finshakti Solutions has 2 current directors:
- Virendra Mishra - Director
- Raj Parakh - Director
The latest financial statements of Finshakti Solutions 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 2023 are in the company report.
The GSTIN of Finshakti Solutions is 27AAFCF0594A1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finshakti Solutions is U72200RJ2022PTC081506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finshakti Solutions was incorporated on 20 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Jaipur.
Finshakti Solutions has 5 deals on record (3 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹14.36 Cr; the latest was in June 2024.
The peers of Finshakti Solutions by revenue are Comelio Business Solutions Private Limited, Saiacro Consultants Private Limited, Connectsys Private Limited, Digitalpersona Id Management Solutions Private Limited, Navrita Software Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Dharmichand Sunil Kumar ceased to be Nominee Director on 15 May 2025. Vaishali Sinha ceased to be Director on 07 Mar 2025. Raj Parakh was appointed as Director on 22 Jul 2022. Finshakti Solutions has 4 board changes on record in total.
Yes, Finshakti Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Finshakti Solutions is at 43 Padmawati Complex Mahapragya Vihar Bhuvana, Udaipur, Rajasthan, India – 313001.