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Finkurve Financial Services Limited
Incorporated in 1984, Finkurve Financial Services Limited has a history spanning 4 decades. Its CIN is L65990MH1984PLC032403, with registration number 32403. Finkurve Financial Services Limited is registered as company limited by shares. Finkurve Financial Services Limited is authorized to hold share capital worth ₹14.00 crore. The paid-up share capital amounts to ₹12.69 crore.
The main line of business is financial intermediation; except insurance and pension funding. Its registered office is located in Mumbai. It is incorporated at 202/a,02nd Floor,trade World, D-wing,kamala Mills Compound, S. B. Marg, Lower Parel West, Mumbai City, Mumbai, Maharashtra, India, 400013. Currently, the company’s operational status is active. As per official records, the company’s LEI is 984500D06EDBO07F8D62. Finkurve Financial Services Limited can be contacted at finkurvefinancial@gmail.com. The company’s top executive team comprises Aakash Nemichand Jain (CFO) and Amit Shroff (CEO).
Company Overview
- CIN
- Date of Incorporation
- 23/03/1984
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹14,00,00,000.00
- Paid up Capital
- ₹12,69,08,606.00
- Activity
- Financial Intermediation; Except Insurance And Pension Funding
- finkurvefinancial@gmail.com
- PAN
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE734I07016 | FINKURVE FINANCIAL SERVICES LIMITED 10 NCD 12AG31 FVRS1000 | 10% | 12/08/2031 | FINKURVE FIN/10 DEB 20310812 | DBFSFN |
| IN8734I07023 | FINKURVE FINANCIAL SERVICES LIMITED TR I 11.55 NCD 17AP29 FVRS1LAC | 11.5% | 17/04/2029 | FINKURVE FIN/DEB 20290417 | DBFSFN |
| INE734I07123 | FINKURVE FINANCIAL SERVICES LIMITED TR I 11.55 NCD 17AP29 FVRS1LAC | 11.55% | 17/04/2029 | FINKURVE FIN/11.55 DEB SECD | DBFSFN |
| INE734I07057 | FINKURVE FINANCIAL SERVICES LIMITED SR B 11.25 NCD 25NV28 FVRS1LAC | 11.25% | 25/11/2028 | FINKURVE FIN/11.25 DEB UNSEC | DBFSFN |
| INE734I07032 | FINKURVE FINANCIAL SERVICES LIMITED 11.75 NCD 13AG28 FVRS1LAC | 11.75% | 13/08/2028 | FINKURVE FIN/11.75 DEB SNR | DBFSFN |
| INE734I07107 | FINKURVE FINANCIAL SERVICES LIMITED 11.33 NCD 13AG28 FVRS10000 | 11.33% | 13/08/2028 | FINKURVE FIN/11.33 DEB UNSEC | DBFSFN |
| INE734I07115 | FINKURVE FINANCIAL SERVICES LIMITED 11.33 NCD 16JU28 FVRS10000 | 11.33% | 16/06/2028 | FINKURVE FIN/11.33 DEB SECD | DBFSFN |
| INE734I07081 | FINKURVE FINANCIAL SERVICES LIMITED 12 NCD 26FB28 FVRS1LAC | 12% | 26/02/2028 | FINKURVE FIN/12 DEB UNSEC | DBFSFN |
| INE734I07099 | FINKURVE FINANCIAL SERVICES LIMITED 11.16 NCD 26DC27 FVRS10000 | 11.16% | 26/12/2027 | FINKURVE FIN/11.16 DEB UNSEC | DBFSFN |
| INE734I07024 | FINKURVE FINANCIAL SERVICES LIMITED 12 NCD 18DC27 FVRS1LAC | 12% | 18/12/2027 | FINKURVE FIN/12 DEB SNR | DBFSFN |
| IN8734I07015 | FINKURVE FINANCIAL SERVICES LIMITED 12 NCD 18DC27 FVRS1LAC | 12% | 18/12/2027 | FINKURVE FIN/DEB 20271218 | DBFSFN |
| INE734I07040 | FINKURVE FINANCIAL SERVICES LIMITED SR A 11.15 NCD 25NV27 FVRS1LAC | 11.15% | 25/11/2027 | FINKURVE FIN/11.15 DEB UNSEC | DBFSFN |
| INE734I07073 | FINKURVE FINANCIAL SERVICES LIMITED 11.16 NCD 12NV27 FVRS10000 | 11.16% | 12/11/2027 | FINKURVE FIN/11.16 DEB SNR | DBFSFN |
| INE734I07065 | FINKURVE FINANCIAL SERVICES LIMITED 11.16 NCD 07JL27 FVRS10000 | 11.16% | 07/07/2027 | FINKURVE FIN/11.16 DEB SNR | DBFSFN |
| INE734I13014 | FINKURVE FINANCIAL SERVICES LIMITED WARRANTS 27NV26 | - | 27/11/2026 | FINKURVE FIN/WT 20261127 | RWSTCA |
| INE734I01027 | FINKURVE FINANCIAL SERVICES LIMITED EQ NEW FV RE. 1/- | - | 12/10/2026 | FINKURVE FIN/SH VTG | ESVUFN |
| IN8734I01026 | FINKURVE FINANCIAL SERVICES LIMITED EQ NEW FV RE.1/- LISTING/TRADG APPRVL AWAITED | - | 12/10/2026 | FINKURVE FIN/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹2,743.65L | ₹1,507.17L | ₹74.44L | ₹116.90L | ₹0.00L |
| Net Debt | ₹73,381.08L | ₹22,171.79L | ₹6,673.66L | ₹4,700.79L | ₹0.00L |
| Gross PPE | ₹2,743.65L | ₹1,680.79L | ₹206.12L | ₹201.85L | ₹0.00L |
| Total Debt | ₹84,714.53L | ₹24,108.45L | ₹7,539.39L | ₹5,163.46L | ₹0.00L |
| Common Stock | ₹1,400.50L | ₹1,269.09L | ₹1,268.58L | ₹1,268.58L | ₹0.00L |
| Share Issued | ₹1,400.50L | ₹1,269.09L | ₹1,268.58L | ₹1,268.58L | ₹0.00L |
| Total Assets | ₹1,23,304.14L | ₹47,693.61L | ₹28,365.24L | ₹23,461.20L | ₹0.00L |
| Capital Stock | ₹1,400.50L | ₹1,269.09L | ₹1,268.58L | ₹1,268.58L | ₹0.00L |
| Long Term Debt | ₹83,593.27L | ₹7,941.41L | ₹2,483.71L | ₹782.41L | ₹0.00L |
| Current Assets | ₹1,17,276.44L | ₹44,155.75L | ₹26,215.87L | ₹21,040.52L | ₹0.00L |
| Working Capital | ₹1,15,235.56L | ₹25,694.24L | ₹19,217.56L | ₹15,618.90L | ₹0.00L |
| Invested Capital | ₹1,18,083.34L | ₹44,356.16L | ₹26,409.69L | ₹22,396.98L | ₹0.00L |
| Other Properties | ₹2,743.65L | ₹751.65L | ₹74.43L | ₹116.89L | ₹0.00L |
| Common Stock Equity | ₹34,490.07L | ₹20,639.15L | ₹18,870.30L | ₹17,249.86L | ₹0.00L |
| Net Tangible Assets | ₹34,482.14L | ₹20,626.29L | ₹18,857.28L | ₹17,249.25L | ₹0.00L |
| Tangible Book Value | ₹34,482.14L | ₹20,626.29L | ₹18,857.28L | ₹17,249.25L | ₹0.00L |
| Current Liabilities | ₹2,040.88L | ₹18,461.51L | ₹6,998.31L | ₹5,421.62L | ₹0.00L |
| Long Term Provisions | ₹40.98L | ₹66.88L | ₹13.23L | ₹7.54L | ₹0.00L |
| Stockholders Equity | ₹34,490.07L | ₹20,639.15L | ₹18,870.30L | ₹17,249.86L | ₹0.00L |
| Other Equity Interest | ₹33,089.57L | ₹90.31L | ₹73.81L | ₹59.23L | ₹0.00L |
| Total Capitalization | ₹1,18,083.34L | ₹28,580.56L | ₹21,354.01L | ₹18,032.27L | ₹0.00L |
| Ordinary Shares Number | ₹1,400.50L | ₹1,269.09L | ₹1,268.58L | ₹1,268.58L | ₹0.00L |
| Other Intangible Assets | ₹7.93L | ₹12.86L | ₹13.02L | ₹0.61L | ₹0.00L |
| Other Non Current Assets | ₹140.20L | ₹96.99L | ₹668.00L | ₹3.83L | ₹0.00L |
| Total Non Current Assets | ₹6,127.70L | ₹3,537.84L | ₹2,149.39L | ₹2,420.70L | ₹0.00L |
| Cash And Cash Equivalents | ₹10,212.19L | ₹1,545.22L | ₹865.73L | ₹446.33L | ₹0.00L |
| Construction In Progress | ₹0.00L | ₹755.51L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Non Current Liabilities | ₹201.25L | ₹93.82L | ₹0.15L | -₹0.15L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹7.93L | ₹12.86L | ₹13.02L | ₹0.61L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹34,490.07L | ₹20,639.15L | ₹18,870.30L | ₹17,249.86L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹88,814.07L | ₹27,054.46L | ₹9,494.94L | ₹6,211.34L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹84,714.53L | ₹8,293.43L | ₹2,483.71L | ₹782.41L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹10,212.19L | ₹2,001.71L | ₹924.51L | ₹512.45L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹86,773.19L | ₹8,592.95L | ₹2,496.63L | ₹789.72L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Free Cash Flow | -₹57,237.59L | -₹13,830.25L | -₹1,385.88L | -₹2,114.09L |
| Changes In Cash | ₹8,666.94L | ₹679.52L | ₹419.40L | ₹183.21L |
| End Cash Position | ₹10,212.19L | ₹1,545.25L | ₹865.73L | ₹446.33L |
| Financing Cash Flow | ₹65,931.35L | ₹14,520.08L | ₹1,758.91L | ₹2,302.44L |
| Investing Cash Flow | -₹650.91L | -₹458.28L | -₹633.72L | -₹90.27L |
| Operating Cash Flow | -₹56,613.50L | -₹13,382.28L | -₹705.79L | -₹2,028.96L |
| Capital Expenditure | -₹624.09L | -₹447.97L | -₹680.09L | -₹85.13L |
| Beginning Cash Position | ₹1,545.25L | ₹865.73L | ₹446.33L | ₹263.11L |
| Issuance Of Capital Stock | ₹11,066.97L | ₹13.61L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | ₹5,227.31L | ₹3,927.18L | ₹2,198.20L | ₹2,027.96L | ₹0.00L |
| EBITDA | ₹5,569.43L | ₹4,032.43L | ₹2,245.55L | ₹2,070.90L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹2,603.41L | ₹1,740.73L | ₹1,607.13L | ₹1,432.32L | ₹0.00L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹6,848.85L | ₹4,898.41L | ₹4,872.95L | ₹2,505.10L | ₹0.00L |
| Pretax Income | ₹3,459.52L | ₹2,361.90L | ₹2,121.99L | ₹1,959.60L | ₹0.00L |
| Tax Provision | ₹856.11L | ₹621.18L | ₹514.87L | ₹527.28L | ₹0.00L |
| Total Revenue | ₹20,536.97L | ₹13,875.30L | ₹8,932.86L | ₹5,035.06L | ₹0.00L |
| Cost Of Revenue | ₹13,688.12L | ₹8,976.89L | ₹4,059.91L | ₹2,529.96L | ₹0.00L |
| Total Expenses | ₹15,309.66L | ₹9,948.12L | ₹4,704.10L | ₹2,998.91L | ₹0.00L |
| Operating Income | ₹5,227.31L | ₹3,927.18L | ₹4,228.76L | ₹2,036.15L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹7,601.75L | ₹5,655.69L | ₹4,290.69L | ₹2,094.40L | ₹0.00L |
| Normalized Income | ₹4,132.80L | ₹2,937.07L | ₹3,156.05L | ₹1,449.50L | ₹0.00L |
| Operating Expense | ₹1,621.54L | ₹971.23L | ₹644.19L | ₹468.95L | ₹0.00L |
| Operating Revenue | ₹20,536.97L | ₹13,875.30L | ₹8,932.86L | ₹5,035.06L | ₹0.00L |
| Total Unusual Items | -₹2,032.32L | -₹1,623.26L | -₹2,045.14L | -₹23.50L | ₹0.00L |
| Basic Average Shares | ₹1,377.47L | ₹1,270.61L | ₹1,268.58L | ₹1,268.58L | ₹0.00L |
| Diluted Average Shares | ₹1,399.68L | ₹1,270.61L | ₹1,268.91L | ₹1,268.91L | ₹0.00L |
| Other Operating Expenses | ₹1,279.42L | ₹865.98L | ₹372.67L | ₹261.07L | ₹0.00L |
| Reconciled Depreciation | ₹342.12L | ₹105.25L | ₹47.34L | ₹42.94L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹13,688.12L | ₹8,976.89L | ₹4,059.91L | ₹2,529.96L | ₹0.00L |
| Tax Effect Of Unusual Items | -₹502.93L | -₹426.92L | -₹496.22L | -₹6.32L | ₹0.00L |
| Net Income Common Stockholders | ₹2,603.41L | ₹1,740.73L | ₹1,607.13L | ₹1,432.32L | ₹0.00L |
| Net Income Continuous Operations | ₹2,603.41L | ₹1,740.72L | ₹1,607.12L | ₹1,432.32L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹2,603.41L | ₹1,740.73L | ₹1,607.13L | ₹1,432.32L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹2,032.32L | -₹1,623.26L | -₹2,045.14L | -₹23.50L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹2,603.41L | ₹1,740.72L | ₹1,607.12L | ₹1,432.32L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹2,603.41L | ₹1,740.73L | ₹1,607.13L | ₹1,432.32L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹2,603.41L | ₹1,740.73L | ₹1,607.13L | ₹1,432.32L | ₹0.00L |
Company Performance (FY23–FY26)
₹205.4 Cr₹154.0 Cr₹102.7 Cr₹51.3 Cr₹0
FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 10/12/2010 | Ketan Bhawarlal Kothari | 00230725 | Director | View other directorships |
| 08/08/2013 | Sunny Dilip Parekh | *****1449K | Company Secretary | |
| 07/03/2018 | Nishant Tolchand Ranka | 06609705 | Director | View other directorships |
| 08/11/2019 | Aakash Nemichand Jain | *****8986A | CFO | |
| 31/08/2020 | Narendra Champalal Jain | 08788557 | Whole-time director | View other directorships |
| 17/05/2021 | Priyank Rakesh Kothari | 07676104 | Whole-time director | View other directorships |
| 13/12/2022 | Amit Shroff | *****8629N | CEO | |
| 30/06/2024 | Aastha Vishal Solanki | 10667741 | Director | View other directorships |
| 14/11/2024 | Himadri Bhattacharya | 02331474 | Additional Director | View other directorships |
| 14/11/2024 | Cavale Narayanarao Raghupathi | 08846510 | Additional Director | View other directorships |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 10
- Priyank Rakesh KothariWhole-time director
- Narendra Champalal JainWhole-time director
- Aastha Vishal SolankiDirector
- Nishant Tolchand RankaDirector
- Ketan Bhawarlal KothariDirector
- Cavale Narayanarao RaghupathiAdditional Director
- Himadri BhattacharyaAdditional Director
- Amit ShroffCEO
- Aakash Nemichand JainCFO
- Sunny Dilip ParekhCompany Secretary
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 12/11/2024 | Form MGT-7-12112024 | - |
| 12/11/2024 | Form Addendum to AOC-4 CSR-12112024_signed | - |
| 22/10/2024 | Form AOC-4 NBFC(IND AS)-22102024 | - |
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Address
202/a,02nd Floor,trade World, D-wing,kamala Mills Compound, S. B. Marg, Lower Parel West, Mumbai City, Mumbai, Maharashtra, India, 400013
Frequently Asked Questions
What is the incorporation date of Finkurve Financial Services Limited?
The incorporation date of Finkurve Financial Services Limited is 23/03/1984.
What is the authorized share capital and paid-up capital of Finkurve Financial Services Limited?
The authorized share capital of Finkurve Financial Services Limited is ₹14,00,00,000.00. The paid-up capital is ₹12,69,08,606.00.
Who are the current board members & directors of Finkurve Financial Services Limited?
The current board member of Finkurve Financial Services Limited are:
- Narendra Champalal Jain
- Narendra Champalal Jain
- Ketan Bhawarlal Kothari
- Nishant Tolchand Ranka
- Priyank Rakesh Kothari
- Himadri Bhattacharya
- Cavale Narayanarao Raghupathi
- Aastha Vishal Solanki
What is the registered address of Finkurve Financial Services Limited?
The registered address of Finkurve Financial Services Limited is 202/a,02nd Floor,trade World, D-wing,kamala Mills Compound, S. B. Marg, Lower Parel West, Mumbai City, Mumbai, Maharashtra, India, 400013.
What is the Corporate Identification Number of Finkurve Financial Services Limited?
The Corporate Identification Number of Finkurve Financial Services Limited is L65990MH1984PLC032403.