Open Financial Technologies Private Limited - Company Profile

It is a internet private limited company based in Bengaluru, Karnataka, India, established in 2017.
2017 Bengaluru, Karnataka, India Active
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About Open Financial Technologies Private Limited

Open Financial Technologies Private Limited, a active private limited company, was established on 19 May 2017 in Bengaluru, Karnataka, India. Engaging in online financial services within the information and communication sector, it holds CIN: U67200KA2017PTC166507. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹3.50 M and a paid-up capital of ₹2.87 M.

It upholds a compliant status. Employing 373 professional, Its leadership includes Mabel Annie Chacko (Director), Anish Achuthan (Director), Ajeesh Achuthan (Director). Past directors included Mabel Annie Chacko, Anish Achuthan, Aparajit Bhalchandra Bhandarkar. It holds no open charges and ₹46.04 Cr settled loans. Its latest AGM occurred on 08 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3Rd Floor,Tower 2,Rga Tech Park,18, Sarjapur Road, Carmelaram,Hadosiddapura,Doddakannelli,, Bengaluru, Karnataka, 560035.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U67200KA2017PTC166507

  • Registration Number

    166507

  • Incorporation Date

    19 May 2017

  • Authorized Capital

    ₹3.50 M

  • Paid-Up Capital

    ₹2.87 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 2.87 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 46.04 Cr
  • Revenue Growth **** -13.24%
  • Profit Growth **** 30.89%
  • Ebitda **** 39.72%
  • Net Worth -31.65%
  • Total Assets -33.17%
Company report

Open Financial Technologies Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Open Financial Technologies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Open Financial Technologies Private Limited?
Current Directors
Name Designation Appointment Date Status
Mabel Annie Chacko Director 22 Sep 2021 Current
Anish Achuthan Director 27 Aug 2018 Current
Ajeesh Achuthan Director 17 Oct 2017 Current
Bhaskar Majumdar Nominee Director 20 Apr 2019 Current
Mohit Naresh Bhandari Nominee Director 04 Apr 2022 Current
Deena Jacob Cfo 15 May 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Mar 2018 Past
Pramod Abcsdd Director 26 Mar 2018 Past
Pramod Abcsdd Nominee Director 18 Mar 2019 Past
Pramod Abcsdd Additional Director 27 Sep 2018 Past
Pramod Abcsdd Nominee Director 18 Apr 2019 Past

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Financial Performance of Open Financial Technologies.

Open Financial Technologies Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 13.24% decrease. The company also saw a substantial improvement in profitability, with a 30.89% increase in profit. The company's net worth observed a substantial decline by a decrease of 31.65%.

Open Financial Technologies revenue growth over time
Open Financial Technologies profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -13.24%
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*******
*******
*******
Revenue from Operations
*******
 -17.04%
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*******
*******
*******
Total Assets
*******
 -33.17%
*******
*******
*******
*******
Profit or Loss
*******
 30.89%
*******
*******
*******
*******
Net Worth
*******
 -31.65%
*******
*******
*******
*******
EBITDA
*******
 39.72%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Open Financial Technologies?

In 2024, Open Financial Technologies had a promoter holding of 95.56% and a public holding of 4.45%. The company had 4 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹460,393,076.00

Charges Breakdown by Lending Institutions
  • Others : 44.00 Cr
  • Hdfc Bank Limited : 2.04 Cr
Latest Charge Details
Date Lender Amount Status
21 Nov 2022 Hdfc Bank Limited ₹9.47 M Satisfied
17 Nov 2021 Hdfc Bank Limited ₹1.09 Cr Satisfied
17 May 2021 Others ₹44.00 Cr Satisfied

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How Many Employees Work at Open Financial Technologies?

Open Financial Technologies has a workforce of 373 employees as of Jan 13, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Open Financial Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Open Financial Technologies's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Open Financial Technologies
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Open Financial Technologies Private Limited last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Open Financial Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge registered on 17 May 2021 via Charge ID 100456634 with Others was fully satisfied on 13 Jun 2024. was documented.

  • Charges

    A charge registered on 17 Nov 2021 via Charge ID 100521476 with Hdfc Bank Limited was fully satisfied on 19 Mar 2024. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 21 Nov 2022 via Charge ID 100670181 with Hdfc Bank Limited was fully satisfied on 18 Feb 2024. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 9.47 M with Charge ID 100670181 was registered on 21 Nov 2022. was documented.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Open Financial Technologies Private Limited?

The CIN of Open Financial Technologies Private Limited is U67200KA2017PTC166507.

Where is Open Financial Technologies Private Limited headquartered?

Open Financial Technologies Private Limited is headquartered at 3Rd Floor,Tower 2,Rga Tech Park,18, Sarjapur Road, Carmelaram,Hadosiddapura,Doddakannelli,, Bengaluru, Karnataka, 560035.

When was Open Financial Technologies Private Limited incorporated?

Open Financial Technologies Private Limited was incorporated on 19 May 2017.

Who are the current directors of Open Financial Technologies Private Limited?

The current directors of Open Financial Technologies Private Limited are

What is the primary industry of Open Financial Technologies Private Limited?

The primary industry of Open Financial Technologies Private Limited is Information And Communication.

Is Open Financial Technologies Private Limited a listed company?

Open Financial Technologies Private Limited is unlisted.

What is the capital structure of Open Financial Technologies Private Limited?

The authorized capital of Open Financial Technologies Private Limited is ₹3.50 M, and the paid-up capital is ₹2.87 M.

What is the compliance status of Open Financial Technologies Private Limited?

The compliance status of Open Financial Technologies Private Limited is Compliant.

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