About Finwise Services Private Limited
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Finwise Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 02 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL2009PTC196539. Its GSTIN is 07AACCE2941B1Z6 (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Excellent Investment Advisorz Private Limited and Finadwise Investment Services Private Limited. It is led by directors Deepa Oberoi and Puneet Oberoi.
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 J – 4/24 Shop No. 5 Shivaji Market Rajouri Garden, New Delhi, Delhi, India – 110027.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.12 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.47 Lakh (net margin -2.1%) and EBITDA of ₹7.37 Lakh (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finadwise.com.
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- TelephoneLocked
- Website
- Social Media
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- Registered AddressJ – 4/24 Shop No. 5 Shivaji Market Rajouri Garden, New Delhi, Delhi, India – 110027
- IndustryFinancial Services, Diversified Financial Services
- 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 of Finwise Services Private Limited
The main business activity of Finwise Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | 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 Finwise Services Private Limited FY 2024 filings available
Finwise Services Private Limited reported revenue of ₹69.12 Lakh (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Finwise Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 18% growth in the latest year. EBITDA fell 24% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Finwise Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | 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 | ₹7.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.47 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 of Finwise Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.1% | •••• | •••• | •••• | •••• |
| 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 Finwise Services are in the company report.
Financial statements from 2015
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 Finwise Services Private Limited
Finwise Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial 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 |
|---|---|---|---|---|---|---|
| VS Unnati Business Solution Private Limited | ₹69.25 Lakh (FY 2019) | •••• | •••• | 34.0% | •••• | New Delhi, Delhi, India |
| Gangalaxmi Industries Limited | ₹69.23 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Nagpur, Maharashtra, India |
| Shivalik Dairies Private Limited | ₹69.23 Lakh (FY 2016) | •••• | •••• | 88.0% | •••• | New Delhi, Delhi, India |
| Jawsons Enterprises Private Limited | ₹69.21 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Indore, Madhya Pradesh, India |
| Aryupay Limited | ₹69.19 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Bhopal, Madhya Pradesh, India |
| Finwise Services Private Limited this company | ₹69.12 Lakh (FY 2024) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Rmillionsque Finserve India Private Limited | ₹69.11 Lakh (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Lalima Tie Up Private Limited | ₹68.96 Lakh (FY 2025) | •••• | •••• | 2315.0% | •••• | Kolkata, West Bengal, India |
| Sword-Edge Commercials Limited Listed | ₹68.95 Lakh (FY 2023) | •••• | •••• | 283.0% | •••• | Mumbai, Maharashtra, India |
| Manne Industries Private Limited | ₹68.92 Lakh (FY 2019) | •••• | •••• | -24.0% | •••• | Ongole, Andhra Pradesh, India |
| Paras Techno Services Private Limited | ₹68.89 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Rohtak, Haryana, India |
Peers are the five companies nearest above and the five nearest below Finwise Services by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Finwise Services Private Limited
Finwise Services Private Limited is audited by Rajesh Rhea & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rajesh Rhea & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Finwise Services Private Limited
Finwise Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepa Oberoi | Director | 02 Dec 2009 | 16 Years 10 Months | Current |
| Puneet Oberoi Also directs: Sap Connext LLP, Sampann Finman Services Private Limited | Director | 02 Dec 2009 | 16 Years 10 Months | Current |
Ownership and Shareholding of Finwise Services 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 Finwise Services Private Limited
Finwise Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Finwise Services Private Limited
Employment history and EPFO contributions of people linked to Finwise Services.
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.
Name History of Finwise Services Private Limited
Finwise Services has undergone 9 name changes throughout its history. The current legal name is Finwise Services Private Limited.
| Company Name | Status |
|---|---|
| Finwise Services Private Limited | Current |
| Excellent Investment Advisorz Private Limited | Previous |
| Finadwise Investment Services Private Limited | Previous |
| Finadwise Investment Advisors Private Limited | Previous |
| Excellence Investment Private Limited | Previous |
| Finadwise Financial Advisors Private Limited | Previous |
| Finwise Investments Private Limited | Previous |
| Finadwise Financial Planners Private Limited | Previous |
| Finadwise Investment Planners Private Limited | Previous |
Recent Activity on Finwise Services Private Limited
Finwise Services Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Deepa Oberoi was appointed as Director on 02 Dec 2009.
Credit Ratings, Litigation & Regulatory Alerts for Finwise Services 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 Finwise Services 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 Finwise Services 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 Finwise Services Private Limited
Finwise Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCE2941B1Z6 | Delhi | Active | 01 Jul 2017 |
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 Finwise Services 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 Finwise Services Private Limited
Finwise Services is an active private limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 02 December 2009 (17+ years old) and is registered under CIN U67190DL2009PTC196539.
Finwise Services reported revenue of ₹69.12 Lakh for FY 2024 (up 18% YoY).
Finwise Services has 2 current directors:
- Deepa Oberoi - Director
- Puneet Oberoi - Director
Finwise Services reported a net loss of ₹1.47 Lakh (net margin -2.1%) and EBITDA of ₹7.37 Lakh (EBITDA margin 10.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finwise Services is 25% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Finwise Services is 07AACCE2941B1Z6, registered in Delhi.
The CIN (Corporate Identification Number) of Finwise Services is U67190DL2009PTC196539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finwise Services was incorporated on 02 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Finwise Services by revenue are VS Unnati Business Solution Private Limited, Gangalaxmi Industries Limited, Shivalik Dairies Private Limited, Jawsons Enterprises Private Limited, Aryupay Limited and 5 more, all in the BFSI industry (Other Financial Services).
Deepa Oberoi was appointed as Director on 02 Dec 2009. Puneet Oberoi was appointed as Director on 02 Dec 2009.
Finwise Services can be reached through the website finadwise.com. Its registered office is in New Delhi, Delhi, India.