Finconvenio Services Private Limited - Due diligence report

A 360° intelligence report on Finolet: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…

2019-08-29 Saidapet, Tamil Nadu Active Unlisted
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FS Finconvenio Services Private Limited
Full Due-Diligence Report + Documents
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  • Director details, charges & MCA documents
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Finolet — 360° Intelligence Report

Generated from MCA filings & public records
74/100
Trust Score
Moderate

Finolet is assessed as Moderate with a Trust Score of 74/100. Finolet is an active private limited indian non-government company incorporated in 2019, operating in the Financial Services sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Finconvenio Services Private Limited snapshot & full profile →

Financial Health › Neutral
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
74/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
90/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
45/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 3 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 90/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 auditor resignation(s) filed - latest: RKRV & ASSOCIATES on 2022-09-27.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
VAIDYANATHAN KRISHNAN 01234567 Director 01/04/2018 6 yrs Approved
PADMAVATHY KRISHNAN 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
13 allotment(s) · 1 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 80 · Distress 60
Growth signals & trust indicators
Revenue acceleration: +38% over 2 year(s).
Asset base grew 1.42 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 6 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
1 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence76/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment58/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view66/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
03 Dec 2022
Securities allotted
58 Preference Shares - 10.33 Lakh raised
04 Nov 2022
Securities allotted
440 Equity Shares - 4,400.00 raised
09 Aug 2022
Securities allotted
264 Equity Shares - 39.75 Lakh raised
30 Mar 2022
Securities allotted
40 Equity Shares - 400.00 raised
14 Mar 2022
Securities allotted
66 Equity Shares - 9.94 Lakh raised
23 Feb 2022
Securities allotted
1290 Equity Shares - 1.94 cr raised
30 Sep 2021
Securities allotted
1573 Equity Shares - 15,730.00 raised
29 Sep 2021
Securities allotted
500 Debentures - 5.00 Lakh raised
02 Jun 2021
Securities allotted
9000 Debentures - 90.00 Lakh raised
30 Mar 2021
Securities allotted
1750 Debentures - 17.50 Lakh raised
26 Mar 2021
Securities allotted
5750 Debentures - 57.50 Lakh raised
31 Mar 2020
Share transfer (FY 2020)
100.00000000 shares to Vidyashankar Gurumurthy
07 Dec 2019
Securities allotted
454 Equity Shares - 9.99 Lakh raised
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 2 financial year(s).
Net profit margin moved from 24% to 0.86.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 13 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Earth Air Technologies Private Limited U72900MH2016PTC282694 Mumbai, Maharashtra, India
Sanpak Infotech Private Limited U72300WB2013PTC198757 Howrah, West Bengal, India
Teasy Digital Entertainment Private Limited U92419RJ2021PTC078811 Jaipur, Rajasthan, India
Spacetrade Internet Private Limited U74999DL2016PTC302128 Delhi, Delhi, India
Tcb Conference Board (India) Private Limited U74999MH2011FTC223612 Mumbai, Maharashtra, India
Wifinitive Infra Private Limited U31909DL2019PTC349151 New Delhi, Delhi, India
Growx Global Solutions Private Limited U93090AP2021PTC117750 Tirupati, Andhra Pradesh, India
Infochola Solutions India Private Limited U72900TN2014PTC096054 Tiruchirappalli, Tamil Nadu, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Finolet before audits and certifications: compliance score 90/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Finolet: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 80/100, margin trends, ownership structure and peer set for Finolet - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 74/100, distress signals and MSME payment-delay disclosures - know whether Finolet pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Finolet - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Finolet an active company?

Finolet has MCA status “Active” with a compliance score of 90/100 (Low Risk).

Is Finolet financially healthy?

Finolet has a Financial Health Score of 45/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Finolet?

Its overall Trust Score is 74/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Finolet?

Promoters hold a majority stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Finolet have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Finolet up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 90/100 (Low Risk).

Is it risky to lend to Finolet?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.