Finaxar Technology Solutions Private Limited - Company overview

Finaxar is shown as "Dissolved Under Section 59(8)" in MCA records.

2018-09-10 Mumbai, Maharashtra Dissolved Under Section 59(8) Unlisted
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1–5 Cr
▲ 62.1%
FY 2023
PROFIT / LOSS
Loss · ₹10–50 Lakh
▼ -246.1%
FY 2023
EBITDA
Loss · ₹10–50 Lakh
▼ -164.8%
FY 2023
NET WORTH
₹10–50 Lakh
▼ -26.5%
FY 2023
TOTAL ASSETS
₹50 Lakh–1 Cr
▼ -0.5%
FY 2023
EMPLOYEE COUNT
1–10
OPEN CHARGES
-
-
PAID-UP CAPITAL
1.00 cr
AUTHORISED CAPITAL
1.00 cr
COMPANY AGE
8 Years 2 Months
since 2018-09-10
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-05-23
ACTIVE GST
-
Updated: 2025-06-10 18:57:57
TOTAL MONEY RAISED
₹50 Lakh–1 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Finaxar covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
58/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (30), financial health (60), director (85) and company-foundation signals.
  • Operating for 8 years.
Compliance Score High risk
30/100
Statutory filings, status and regulatory flags.
  • Company status is "Dissolved Under Section 59(8)" (not Active).
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Moderate
60/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
85/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Finaxar Company identity, industry, contact, and registration details from MCA and company records.

Finaxar is shown as "Dissolved Under Section 59(8)" in MCA records. It was registered with ROC Mumbai on 10 September 2018 as a private company owned by a foreign company. The registered office is in Mumbai, Maharashtra.

In its MCA filings the main business is listed as computer programming, consultancy and related activities, which made up 100% of turnover.

It has two directors: Amit Prakash Nerurkar and Shubham Gupta. The longest-serving is Amit Prakash Nerurkar, on the board since 2021; the most recent to join is Shubham Gupta, appointed in June 2024. Three former directors are on record; the most recent to leave was Sian Wee Tan in November 2021.

Authorised and paid-up capital are both ₹1 crore, so the full authorised amount has been issued. Its latest balance sheet on MCA is for the year ending 31 March 2024, and the last AGM was on 23 May 2024. No charges (secured loans) are registered against it.

Information Technology ••••••••
  • Location Level 1, First International Financial Center, Plot Nos.C-54 And C-55, G Block, Bandra, Mumbai, Maharashtra - 400051
  • Website finaxar.com
LinkedIn Facebook Twitter
Legal NameFinaxar Technology Solutions Private Limited
CIN / LLPINU74999MH2018FTC313820
Company No.313820
ClassificationPrivate Limited Foreign Company Incorporated In India
Incorporation Date2018-09-10
Date of AGM2024-05-23
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active Compliance-

Current Directors of Finaxar (2) Current board members from MCA filings, including designation and appointment details.

A
Amit Prakash Nerurkar
Director | Since 2021-08-10 | DIN: 09242216
S
Shubham Gupta
Director | Since 2024-06-08 | DIN: 10661465

Financial Performance of Finaxar Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹1–5 Cr ▲ 62.1%
P&L Loss · ₹10–50 Lakh ▼ -246.1%
EBITDA Loss · ₹10–50 Lakh ▼ -164.8%
Net worth ₹10–50 Lakh ▼ -26.5%

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Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities100

Financial Ratios of Finaxar Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

5 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Finaxar Ownership and contribution detail from filings. Full breakdown unlocks with your report.

5 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Finaxar EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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MSME Payment Delays by Finaxar MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Finaxar Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Finaxar Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Finaxar?
MCA does not publish an "owner" field. Finaxar is run by its directors, Amit Prakash Nerurkar and Shubham Gupta. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Finaxar?
Finaxar has two current directors: Amit Prakash Nerurkar (since August 2021) and Shubham Gupta (since June 2024).
What is CIN of Finaxar?
The CIN of Finaxar is U74999MH2018FTC313820. Reading it left to right: U means it is not listed, 74999 is the industry code it registered under, MH is Maharashtra, 2018 is the year it was registered, FTC is the company type and 313820 is its registration number.
When was Finaxar incorporated?
Finaxar was incorporated on 10 September 2018 with ROC Mumbai. That makes it about 8 years old.
What is the registered address of Finaxar?
The registered office on MCA records is Level 1, First International Financial Center, Plot Nos.C-54 And C-55, G Block, Bandra, Mumbai, Maharashtra - 400051.
What is the current status of Finaxar?
MCA shows Finaxar as "Dissolved Under Section 59(8)". It has been formally closed and no longer exists as a legal entity.
What is the contact number or email for Finaxar?
You can post to its registered office at Level 1, First International Financial Center, Plot Nos.C-54 And C-55, G Block, Bandra, Mumbai, Maharashtra - 400051 and use its website, https://finaxar.com.
What industry or business activity is Finaxar associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (100% of turnover).
What is paid-up capital and authorised share capital of Finaxar?
Both authorised and paid-up capital are ₹1 crore.
When did Finaxar last file accounts and hold an AGM?
The last AGM on record was on 23 May 2024, and the latest balance sheet is for the year ending 31 March 2024.
Where can I see charges and lenders for Finaxar?
MCA shows no charges registered against Finaxar, so no assets are pledged for a registered secured loan.
Have any directors left Finaxar?
Yes, three former directors are on record. The most recent to leave were Sian Wee Tan (November 2021), Vihang Mahendra Patel (October 2021) and Mahendra Shankerlal Patel (August 2021).
What is the turnover or revenue of Finaxar?
Based on filed financial statements, the revenue of Finaxar for FY 2023 was in the ₹1–5 Cr range. That is up 62.1% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Finaxar?
For FY 2023, the net worth of Finaxar was in the ₹10–50 Lakh range.
How can I get the financial details of Finaxar?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Finaxar?
The website on record for Finaxar is https://finaxar.com.
Which company owns finaxar.com?
finaxar.com is the website listed for Finaxar Technology Solutions Private Limited in its company records.
Finaxar - is it listed or unlisted?
Finaxar is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Finaxar?
Finaxar is registered with ROC Mumbai.
What is the company classification of Finaxar?
MCA classifies Finaxar as: Private Limited Foreign Company Incorporated In India.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.