Iinfinite Financial Solutions Private Limited

Iinfinite Financial Solutions Private Limited - internet in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U67190GJ2020PTC112882 Incorporated 21 February 2020 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company internet DPIIT Startup
Data last updated
Revenue · FY 2021
₹1.72 Lakh
Latest filing
Net profit · FY 2021
₹82,089
Net margin 47.7%
EBITDA · FY 2021
₹85,690
EBITDA margin 49.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Iinfinite Financial Solutions Private Limited

Data last updated:

Iinfinite Financial Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 21 February 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2020PTC112882. Its GSTIN is 24AAFCI5971E1ZL (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Infinite Financial Solutions Private Limited. It is led by directors Vaishali Hirak Bhansali and Stuti Hirak Bhansali.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at F/10 Sugam Apts Sarkhej Road Nr Vasna Terminus Vasana, Ahmedabad, Gujarat, India – 380007.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.72 Lakh. For the same year it recorded a net profit of ₹82,089 (net margin 47.7%) and EBITDA of ₹85,690 (EBITDA margin 49.8%).

Company details

CIN U67190GJ2020PTC112882
Registration Number 112882
Incorporation Date 21 February 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Iinfinite Financial Solutions

DPIIT recognised startup Government of India
Startup India

Contact details

Iinfinite Financial Solutions Private Limited's registered office is in Ahmedabad, Gujarat.

  • Registered Address
    F/10 Sugam Apts Sarkhej Road Nr Vasna Terminus Vasana, Ahmedabad, Gujarat, India – 380007
  • Industry
    Internet, Online Financial Services
Comprehensive company report
Iinfinite Financial 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Iinfinite Financial Solutions is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Iinfinite Financial Solutions Private Limited, buy the company report.

Financials of Iinfinite Financial Solutions Private Limited

FY 2022 filings available

Iinfinite Financial Solutions Private Limited reported revenue of ₹1.72 Lakh for FY 2021.

Revenue · FY 2021
₹1.72 Lakh
Net profit · FY 2021
₹82,089 margin 47.7%
EBITDA · FY 2021
₹85,690 margin 49.8%

Financial Statement Summary

MetricsFY 2020-21FY 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₹85,690
Profit Before Tax
Tax Expense
Net Profit (PAT)₹82,089
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 2020-21FY 2019-20
Profitability
EBITDA Margin49.8%
Net Profit Margin47.7%
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 Iinfinite Financial Solutions Private Limited, buy the company report.

Board of directors of Iinfinite Financial Solutions Private Limited

Iinfinite Financial Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vaishali Hirak BhansaliDirector21 Feb 20206 Years 8 MonthsCurrent
Stuti Hirak BhansaliDirector22 Nov 20214 Years 11 MonthsCurrent

Peer comparison

Iinfinite Financial Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Durgesh Investec Finance Private Limited₹1.73 Lakh (FY 2025)6.0%Raigarh, Chhattisgarh, India
P K Mookan Ambalam Finance Private Limited₹1.73 Lakh (FY 2024)-4.0%Nagar, Maduari, Tamil Nadu, India
Iinfinite Financial Solutions Private Limitedthis company₹1.72 Lakh (FY 2021)₹82,08947.7%Ahmedabad, Gujarat, India
Haji Baba Micro Finance Foundation₹1.68 Lakh (FY 2016)1372.0%Varanasi, Uttar Pradesh, India

To see the full peer comparison of Iinfinite Financial Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

Iinfinite Financial Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCI5971E1ZLGujaratActive09 Sep 2020

To see the full GST registrations and return filing status of Iinfinite Financial Solutions Private Limited, buy the company report.

Recent activity

Iinfinite Financial Solutions Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Stuti Hirak Bhansali ceased to be Additional Director on 30 Nov 2021.

AGM
Iinfinite Financial Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Iinfinite Financial Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Ceased
Stuti Hirak Bhansali ceased to be Additional Director.
Appointed
Stuti Hirak Bhansali was appointed as Director.
Ceased
Brijesh Popat ceased to be Director.
Appointed
Vaishali Hirak Bhansali was appointed as Director.
Incorporation
21 Feb 2020
Iinfinite Financial Solutions Private Limited was registered on 21 Feb 2020 with Roc Ahmedabad & aged 6 years 8 months as per MCA records.

Frequently asked questions

Iinfinite Financial Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in online financial services, within the internet industry. It was incorporated on 21 February 2020 (6+ years old) and is registered under CIN U67190GJ2020PTC112882.

Iinfinite Financial Solutions has 2 current directors:

The latest financial statements of Iinfinite Financial Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Iinfinite Financial Solutions is 24AAFCI5971E1ZL, registered in Gujarat.

The CIN (Corporate Identification Number) of Iinfinite Financial Solutions is U67190GJ2020PTC112882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Iinfinite Financial Solutions was incorporated on 21 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Iinfinite Financial Solutions by revenue are Durgesh Investec Finance Private Limited, P K Mookan Ambalam Finance Private Limited, Haji Baba Micro Finance Foundation, all in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities).

Stuti Hirak Bhansali ceased to be Additional Director on 30 Nov 2021. Stuti Hirak Bhansali was appointed as Director on 22 Nov 2021. Brijesh Popat ceased to be Director on 17 Nov 2021. Iinfinite Financial Solutions has 4 board changes on record in total.

Yes, Iinfinite Financial Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Iinfinite Financial Solutions is at F10 Sugam Apts Sarkhej Road Nr Vasna Terminus Vasana, Ahmedabad, Gujarat, India – 380007.

Iinfinite Financial Solutions operates in the internet industry, in the online financial services segment.