About Findi India Limited
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Findi India Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Communications Limited. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 28 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008PLC179551. Its GSTIN is 27AADCB3924G1ZV (Maharashtra). The company holds 38 GST registrations, of which 27 are active.
The company has an authorised share capital of ₹2,600 Cr and a paid-up capital of ₹1,237.09 Cr. It was formerly known as Tata Communications Banking Infrasolutions Limited and Banking Atm Infrasolutions Limited. It is led by directors including Deepak Verma (Managing Director) and Nicholas John Smedley.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹151.05 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Cr (net margin 1.1%) and EBITDA of ₹35.86 Cr (EBITDA margin 23.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 15% over five years.
The company has about 117 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tata Communications. As per MCA filings, the company has open charges of ₹300 Cr on record. Court records list 62 cases involving the company, including 39 filed by the company and 23 filed against it; 8 cases are pending. The company has 10 deals on record (8 funding rounds, 2 rights issues), with disclosed funding of ₹1,636.95 Cr; the latest was in May 2023. The company has 6 MSME Form 1 returns on record between 2016 and 2022, listing 114 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tatacommunications.com.
Company details
Name history
Findi India has undergone 3 name changes throughout its history. The company was previously known as Tata Communications Banking Infrasolutions Limited, Banking Atm Infrasolutions Limited, and Findi India Limited. The current legal name is Findi India Limited.
| Company Name | Status |
|---|---|
| Findi India Limited | Current |
| Tata Communications Banking Infrasolutions Limited | Previous |
| Banking Atm Infrasolutions Limited | Previous |
Contact details
Findi India Limited's registered office is in Mumbai, Maharashtra. Its website is tatacommunications.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAwfis 14th Floor Ins Tower G Block, Opposite Trident Hotel BKC, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Findi India Limited, buy the company report.
- 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
Brands
Findi India operates one associated brand: Tata Communications. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Managed WiFi, internet, and cellular network services are provided. | tatacommunications.com |
Business activity
The main business activity of Findi India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Findi India Limited, buy the company report.
Financials of Findi India Limited
FY 2025 filings availableFindi India Limited reported revenue of ₹151.05 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 23% fall in the latest year. EBITDA fell 4% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹35.86 Cr | ||||
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| Net Profit (PAT) | ₹1.74 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.7% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Findi India Limited, buy the company report.
Board of directors of Findi India Limited
Findi India has 3 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Verma | Managing Director | 28 Feb 2025 | 1 Years 8 Months | Current |
| Nicholas John Smedley | Director | 28 Feb 2025 | 1 Years 8 Months | Current |
| Pragya Ohri | Director | 28 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Findi India Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Findi India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Findi India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2025 | 101129320 | Others | ₹200 Cr | Open | |
| 27 Mar 2025 | 101087968 | Others | ₹100 Cr | Open |
To see the full charge records of Findi India Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Findi India Limited has 10 deals on record (8 funding rounds, 2 rights issues), with disclosed funding of ₹1,636.95 Cr; the latest was in May 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Rights issue | ₹20 Cr | Investors: Tata Communications Limited |
| Feb 2022 | Funding round | ₹80 Cr | Investors: Tata Communications Limited |
| Dec 2020 | Funding round | ₹150 Cr | Investors: Tata Communications Limited |
| Jan 2015 | Funding round | ₹355 Cr | Investors: Tata Communications Limited |
| Oct 2014 | Funding round | ₹140 Cr | Investors: Tata Communications Limited |
To see the full deal history of Findi India 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
Findi India Limited has 62 court cases on record: 39 filed by Findi India, 23 filed against it. 8 cases are pending and 54 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 8 | 6 |
| High courts | 21 | 15 | 2 |
Cases on record (5 of 62)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Pro Interactive Services India Pvt Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Pro Interactive Services India Pvt Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against Unknown and 1 other | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against Unknown | Pending |
| District court, Yamunanagar, Haryana | Court case (COMI) | Filed by the company against Unknown | Disposed |
To see the full case history of Findi India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Findi India Limited was last rated by Care on 29 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Jul 2022 |
To see the full credit ratings and regulatory alerts of Findi India Limited, buy the company report.
MSME payment delays
Findi India Limited has 6 MSME Form 1 returns on record between 2016 and 2022, listing 114 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
To see the full MSME payment records of Findi India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Findi India Limited has a workforce of 117 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Findi India has 38 GST registrations: 27 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB3924G1ZV | Maharashtra | Active | 01 Jul 2017 |
| 07AADCB3924G1ZX | Delhi | Active | 01 Jul 2017 |
| 08AADCB3924G1ZV | Rajasthan | Active | 01 Jul 2017 |
| 09AADCB3924G1ZT | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Findi India Limited, buy the company report.
Recent activity
Findi India Limited has 36 board changes on record since 2008: 7 appointments and 29 cessations. The latest: Jason Mark Titman ceased to be Additional Director on 25 Mar 2025.
30 earlier events are in the company report.
News
Frequently asked questions
Findi India is an active public limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 28 February 2008 (18+ years old) and is registered under CIN U72900MH2008PLC179551.
Findi India has 3 current directors:
- Deepak Verma - Managing Director
- Nicholas John Smedley - Director
- Pragya Ohri - Director
The latest financial statements of Findi India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Findi India is 27AADCB3924G1ZV, registered in Maharashtra. The company has 38 GST registrations in all, of which 27 are active and 11 are cancelled or inactive. Other active GSTINs include 07AADCB3924G1ZX (Delhi), 08AADCB3924G1ZV (Rajasthan), 09AADCB3924G1ZT (Uttar Pradesh).
The CIN (Corporate Identification Number) of Findi India is U72900MH2008PLC179551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Findi India has 62 court cases on record: 39 filed by the company and 23 filed against it. 8 are pending. Most are in the district courts.
Findi India was incorporated on 28 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Findi India has 10 deals on record (8 funding rounds, 2 rights issues), with disclosed funding of ₹1,636.95 Cr; the latest was in May 2023.
Jason Mark Titman ceased to be Additional Director on 25 Mar 2025. Nicholas John Smedley ceased to be Additional Director on 25 Mar 2025. Pragya Ohri ceased to be Additional Director on 25 Mar 2025. Findi India has 36 board changes on record in total.
Findi India has 6 MSME Form 1 returns on record between 2016 and 2022, listing 114 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Findi India can be reached through the website tatacommunications.com. Its registered office is in Mumbai, Maharashtra, India.