Finelistings Technologies Ltd (FTL) Share Price & Fundamentals

What we do

Finelistings Technologies Ltd operates in retail of pre-owned luxury cars and software development services addressing digital transformation and analytics needs.

Founded in

2,018

Market share

Emerging player in premium used luxury car retail; growing presence in IT solutions sector.

Problem solved

Offers premium pre-owned luxury cars with financing and after-sales, plus IT services for digital transformation challenges.

Top clients or who we serve

Serves luxury car buyers and businesses needing cloud, analytics, IoT solutions; both B2C and B2B.

Key management

Mr. Arjun Singh Rajput (Managing Director), Mr. Aneesh Mathur (Executive Director)

Our journey and innovations

Started in 2018, IPO in 2024; pioneering luxury pre-owned car sales and integrated IT services in India.

Where we operate

Primarily in Delhi NCR, expanding IT service footprint across India.

Top products or what we offer

Pre-owned luxury cars under 'Finecars' and IT services including cloud, data analytics, IoT, and web development.

Top brands

Finecars showroom - #1 luxury used car retail brand for premium segment in Delhi; IT services are emerging portfolio.

Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue from car sales is cyclical; IT services provide recurring revenue streams.

Our industry position

Niche player in pre-owned luxury vehicles and growing digital transformation services provider.

Financial highlights

FY 2024-25 revenue Rs 19.15 Cr; posted net loss Rs 3.77 Cr; IPO oversubscribed 45x in 2024.

Geographical revenue split

Mainly Delhi NCR; IT services delivered nationally.

Order book

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Whats driving growth

Demand for premium used cars and increasing digital transformation investments drive growth.

Our future plans

Expand showroom footprint and enhance IT service offerings with new cloud and IoT products.

Our green promise

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Our people and values

Focused on customer trust and ethical business with a cohesive management team.

Key challenges ahead

Losses in FY 24-25 highlight need for scaling and operational efficiency in competitive markets.

Interesting facts

IPO was oversubscribed 45.65 times, reflecting strong investor demand.

Risks and strategy

Market competition and profitability pressures mitigated through diversification and capital infusion via IPO.