
Five Salts Private Limited
About Five Salts Private Limited
Data last updated:
Five Salts Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 05 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2021PTC143823. Its GSTIN is 29AAECF4304P1ZB (Karnataka).
The company has an authorised share capital of ₹42.87 Lakh and a paid-up capital of ₹42.71 Lakh. It is led by directors including Chaitra Gowdar Chidanand and Shinjini Vijay.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 40 Renaissance Hvv Valley Jalahalli, Bangalore, Karnataka, India – 560015.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.76 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.35 Cr and EBITDA of -₹2.89 Cr.
The company has about 21 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: SALT. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹27.49 Cr; the latest was in January 2023.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Five Salts
Contact details
Five Salts Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address40 Renaissance Hvv Valley Jalahalli, Bangalore, Karnataka, India – 560015
- IndustryInternet, Online Financial Services
To see the full contact details of Five Salts Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Five Salts is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Five Salts Private Limited, buy the company report.
Financials of Five Salts Private Limited
FY 2024 filings availableFive Salts Private Limited reported revenue of ₹54.76 Lakh (up 383% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 383% in the latest year. EBITDA rose 60% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.89 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.35 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Five Salts Private Limited, buy the company report.
Board of directors of Five Salts Private Limited
Five Salts has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitra Gowdar Chidanand | Director | 02 Mar 2021 | 5 Years 7 Months | Current |
| Shinjini Vijay | Director | 05 Feb 2021 | 5 Years 8 Months | Current |
| Aditi Sholapurkar Also directs: Seven Salts Financial Services Private Limited | Director | 15 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Five Salts Private Limited is audited by Anand Dua & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anand Dua & Associates LLP | FY 2023 | 04263N |
Shareholding
The shareholding of Five Salts Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Five Salts Private Limited, buy the company report.
Deals & funding
Five Salts Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹27.49 Cr; the latest was in January 2023.
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Rights issue | ₹10 Lakh | Investors: an individual |
| Apr 2021 | Funding round | ₹19.7 Lakh | Investors: 2 individuals |
To see the full deal history of Five Salts Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Five Salts Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Five Salts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Five Salts has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Seven Salts Financial Services Private Limited | U67100KA2021PTC151294 |
To see the full group structure of Five Salts Private Limited, buy the company report.
Employees & EPFO
Five Salts Private Limited has a workforce of 21 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Five Salts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECF4304P1ZB | Karnataka | Active | 18 Feb 2021 |
To see the full GST registrations and return filing status of Five Salts Private Limited, buy the company report.
Recent activity
Five Salts Private Limited has 7 board changes on record since 2021: 3 appointments and 4 cessations. The latest: Roel Gerardus Marie Janssen ceased to be Nominee Director on 30 Jun 2025.
Frequently asked questions
Five Salts is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 05 February 2021 (5+ years old) and is registered under CIN U74999KA2021PTC143823.
Five Salts has 3 current directors:
- Chaitra Gowdar Chidanand - Director
- Shinjini Vijay - Director
- Aditi Sholapurkar - Director
The latest financial statements of Five Salts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Five Salts is 29AAECF4304P1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Five Salts is U74999KA2021PTC143823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Five Salts was incorporated on 05 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Five Salts has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹27.49 Cr; the latest was in January 2023.
Roel Gerardus Marie Janssen ceased to be Nominee Director on 30 Jun 2025. Chaitra Gowdar Chidanand ceased to be Additional Director on 13 Dec 2022. Aditi Sholapurkar ceased to be Additional Director on 31 May 2021. Five Salts has 7 board changes on record in total.
Yes, Five Salts is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Five Salts is at 40 Renaissance Hvv Valley Jalahalli, Bangalore, Karnataka, India – 560015.