Airan Finstocks Private Limited - Company overview

Finwave is an active private limited company registered with ROC Ahmedabad on 19 December 2007, about 18 years ago.

2007-12-19 Gandhinagar, Gujarat Active Unlisted Active Compliant
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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
▲ 19.9%
FY 2021
PROFIT / LOSS
₹10–50 Lakh
▼ -2.7%
FY 2021
EBITDA
Loss · ₹10–50 Lakh
▲ 69.8%
FY 2021
NET WORTH
₹5–10 Cr
▲ 4.0%
FY 2021
TOTAL ASSETS
₹25–50 Cr
▲ 68.0%
FY 2021
OPEN CHARGES
2
35.35 cr
PAID-UP CAPITAL
30.77 cr
AUTHORISED CAPITAL
31.00 cr
COMPANY AGE
18 Years 10 Months
since 2007-12-19
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
2
Updated: 2025-06-16 18:26:55
TOTAL MONEY RAISED
₹10–25 Cr
SATISFIED CHARGES
1
65.07 Lakh

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

Health scores for Finwave 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
74/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (45), financial health (85), director (95) and company-foundation signals.
  • Operating for 18+ years.
Compliance Score High risk
45/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Low risk
85/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2021.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 3 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 Finwave Company identity, industry, contact, and registration details from MCA and company records.

Finwave is an active private limited company registered with ROC Ahmedabad on 19 December 2007, about 18 years ago. The registered office is at 1214-1216, 12Th Floor, Dsccsl(53E), Road 5E, Block 53, Gandhinagar, Gujarat.

In its MCA filings the main business is listed as financial Advisory, brokerage and Consultancy Services, which made up 100% of turnover.

It has three directors: Hina Indreshbhai Shah, Hiral Soni and Indresh Waghjibhai Shah. The longest-serving is Hina Indreshbhai Shah, on the board since 2007; the most recent to join is Hiral Soni, appointed in May 2023. One former director, Maulik Mahendrabhai Shah, left in June 2017.

₹30.77 crore of its ₹31 crore authorised capital is paid up (about 99%). Its latest balance sheet on MCA is for the year ending 31 March 2024, and the last AGM was on 30 September 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. Two charges (secured loans) are still open, with Hdfc Bank Limited among the lenders, and one more has been paid off.

Internet ••••••••
  • Location 1214-1216, 12Th Floor, Dsccsl(53E), Road 5E, Block 53,, Gandhinagar, Gujarat - 382355
  • Website finwave.co
LinkedIn Facebook Twitter Instagram
Legal NameAiran Finstocks Private Limited
CIN / LLPINU67120GJ2007PTC052392
Company No.052392
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2007-12-19
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Ahmedabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Finwave (3) Current board members from MCA filings, including designation and appointment details.

H
Hina Indreshbhai Shah
Director | Since 2007-12-19 | DIN: 01929822
H
Hiral Soni
Company Secretary | Since 2023-05-01
I
Indresh Waghjibhai Shah
Director | Since 2007-12-19 | DIN: 01918168

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

Estimated bands · FY 2021
Revenue ₹1–5 Cr ▲ 19.9%
P&L ₹10–50 Lakh ▼ -2.7%
EBITDA Loss · ₹10–50 Lakh ▲ 69.8%
Net worth ₹5–10 Cr ▲ 4.0%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Finwave Open and satisfied charges registered against the company with MCA.

Others : 30.00 cr
Hdfc Bank Limited : 6.00 cr
Axis Bank Limited : 65.07 Lakh
Open Charges: 2 Satisfied Charges: 1
Open 35.35 cr
Satisfied 65.07 Lakh
LenderAmountStatus
Others
Creation Date: 09 Nov 2022
 30.00 cr Open
Hdfc Bank Limited
Creation Date: 25 Nov 2021
 6.00 cr Open
Axis Bank Limited
Creation Date: 16 Mar 2013
 65.07 Lakh Closed

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

Activity GroupDescriptionTurnover %
Financial and insurance ServiceFinancial Advisory, brokerage and Consultancy Services100

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

7 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Finwave GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Finwave Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Finwave 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 Finwave 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

MCA filings and documents require an active report plan.

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Frequently Asked Questions about Finwave Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Finwave?
MCA does not publish an "owner" field. Finwave is run by its directors, Hina Indreshbhai Shah, Hiral Soni and Indresh Waghjibhai Shah. 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 Finwave?
Finwave has three current directors: Hina Indreshbhai Shah (since December 2007), Hiral Soni (since May 2023) and Indresh Waghjibhai Shah (since December 2007).
What is CIN of Finwave?
The CIN of Finwave is U67120GJ2007PTC052392. Reading it left to right: U means it is not listed, 67120 is the industry code it registered under, GJ is Gujarat, 2007 is the year it was registered, PTC is the company type and 052392 is its registration number.
When was Finwave incorporated?
Finwave was incorporated on 19 December 2007 with ROC Ahmedabad. That makes it about 18 years old.
What is the registered address of Finwave?
The registered office on MCA records is 1214-1216, 12Th Floor, Dsccsl(53E), Road 5E, Block 53, Gandhinagar, Gujarat - 382355.
What is the current status of Finwave?
MCA shows Finwave as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Finwave?
You can post to its registered office at 1214-1216, 12Th Floor, Dsccsl(53E), Road 5E, Block 53, Gandhinagar, Gujarat - 382355 and use its website, https://finwave.co.
What industry or business activity is Finwave associated with?
Its MCA filings list the main business as financial Advisory, brokerage and Consultancy Services (100% of turnover).
What is paid-up capital and authorised share capital of Finwave?
Paid-up capital is ₹30.77 crore and authorised capital is ₹31 crore, so about 99% of the authorised amount has been issued.
When did Finwave last file accounts and hold an AGM?
The last AGM on record was on 30 September 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Finwave?
Two charges against Finwave are still open and one has been satisfied. Lenders named in the filings include Hdfc Bank Limited and Axis Bank Limited.
Have any directors left Finwave?
Yes, one former director is on record. Maulik Mahendrabhai Shah (June 2017) left.
What is the turnover or revenue of Finwave?
Based on filed financial statements, the revenue of Finwave for FY 2021 was in the ₹1–5 Cr range. That is up 19.9% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Finwave?
For FY 2021, the net worth of Finwave was in the ₹5–10 Cr range.
How can I get the financial details of Finwave?
The latest accounts on record are for FY 2021. 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 Finwave?
The website on record for Finwave is https://finwave.co.
Which company owns finwave.co?
finwave.co is the website listed for Airan Finstocks Private Limited in its company records.
Finwave - is it listed or unlisted?
Finwave 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 Finwave?
Finwave is registered with ROC Ahmedabad.
What is the company classification of Finwave?
MCA classifies Finwave as: Private Limited Indian Non-Government Company.
Does Finwave have GST registrations on file?
Yes, 2 active GST registrations are linked to Finwave, usually one per state it operates in.

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.