About Finsolute Private Limited
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Finsolute Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 10 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2019PTC113599. Its GSTIN is 37AADCF9428R1ZS (Andhra Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Abhishek Gokavarapu (Whole-Time Director) and Chitturi Surekha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 8 – 2/20/19 Flat No 206 Vasavi Enclave Srinivasa Nagar Madhurawada, Visakhapatnam, Andhra Pradesh, India – 530048.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.92 Lakh, a decline of 41% compared to the previous year.
For more details, the company can be reached via its website finsolute.com.
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- Website
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- Registered Address8 – 2/20/19 Flat No 206 Vasavi Enclave Srinivasa Nagar Madhurawada, Visakhapatnam, Andhra Pradesh, India – 530048
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Finsolute Private Limited
The main business activity of Finsolute is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Finsolute Private Limited FY 2021 filings available
Finsolute Private Limited reported revenue of ₹2.92 Lakh (down 41% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Finsolute Private Limited
Revenue fell 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Finsolute Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| 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 | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | •••• | •••• |
| 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 of Finsolute Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Finsolute are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Finsolute Private Limited
Finsolute Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wealthbridge Services Private Limited | ₹2.94 Lakh (FY 2019) | •••• | •••• | 13523.0% | •••• | Kolkata, West Bengal, India |
| Standard Stock Brokers Private Limited | ₹2.94 Lakh (FY 2024) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Vka Advisors Private Limited | ₹2.94 Lakh (FY 2025) | •••• | •••• | -67.0% | •••• | Surat, Gujarat, India |
| Hanu Marketing Private Limited | ₹2.94 Lakh (FY 2021) | •••• | •••• | 135.0% | •••• | Meerut, Uttar Pradesh, India |
| Maxworth Advisors Private Limited | ₹2.93 Lakh (FY 2025) | •••• | •••• | 692.0% | •••• | Gurgaon, Haryana, India |
| Finsolute Private Limited this company | ₹2.92 Lakh (FY 2021) | •••• | •••• | -41.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Fidelity Consultancy Pvt Ltd | ₹2.92 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Stock Strategy Investments Pvt Ltd | ₹2.91 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Ernakulam, Kerala, India |
| Cooltex Merchandise Pvt Ltd | ₹2.9 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Kolkata, West Bengal, India |
| Synergy Capital Management Private Limited | ₹2.9 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Spa Promotions Private Limited | ₹2.9 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Finsolute by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Finsolute Private Limited
Finsolute has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Gokavarapu | Whole-Time Director | 10 Dec 2019 | 6 Years 10 Months | Current |
| Chitturi Surekha Also directs: Hyvi Designs LLP | Whole-Time Director | 10 Dec 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Finsolute Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Finsolute Private Limited
Finsolute Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Finsolute Private Limited
Employment history and EPFO contributions of people linked to Finsolute.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Finsolute Private Limited
Finsolute Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Abhishek Gokavarapu was appointed as Whole-Time Director on 10 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Finsolute Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Finsolute Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Finsolute Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Finsolute Private Limited
Finsolute has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCF9428R1ZS | Andhra Pradesh | Active | 31 Mar 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Finsolute Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Finsolute Private Limited
Finsolute is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in other services, within the business services industry. It was incorporated on 10 December 2019 (7+ years old) and is registered under CIN U74999AP2019PTC113599.
Finsolute reported revenue of ₹2.92 Lakh for FY 2021 (down 41% YoY).
Finsolute has 2 current directors:
- Abhishek Gokavarapu - Whole-Time Director
- Chitturi Surekha - Whole-Time Director
The GSTIN of Finsolute is 37AADCF9428R1ZS, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Finsolute is U74999AP2019PTC113599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finsolute was incorporated on 10 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Finsolute by revenue are Wealthbridge Services Private Limited, Standard Stock Brokers Private Limited, Vka Advisors Private Limited, Hanu Marketing Private Limited, Maxworth Advisors Private Limited and 5 more, all in the same principal business activity (Financial Advisory, brokerage and Consultancy Services).
Abhishek Gokavarapu was appointed as Whole-Time Director on 10 Dec 2019. Chitturi Surekha was appointed as Whole-Time Director on 10 Dec 2019.
Yes, Finsolute is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Finsolute can be reached through the website finsolute.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Finsolute is at 8 – 22019 Flat No 206 Vasavi Enclave Srinivasa Nagar Madhurawada, Visakhapatnam, Andhra Pradesh, India – 530048.