Five Salts Private Limited

Five Salts Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2021PTC143823 Incorporated 05 February 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company internet DPIIT Startup
Data last updated
Revenue · FY 2024
₹54.76 Lakh
▲ 383% YoY
Net loss · FY 2024
₹4.35 Cr
Latest filing
EBITDA · FY 2024
-₹2.89 Cr
Latest filing
Authorised capital
₹42.87 Lakh
Registered with MCA
Paid-up capital
₹42.71 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
21
Provident fund records
Directors on board
3
As per MCA filings

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

CIN U74999KA2021PTC143823
Registration Number 143823
Incorporation Date 05 February 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Five Salts

DPIIT recognised startup Government of India
Startup India

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 Address
    40 Renaissance Hvv Valley Jalahalli, Bangalore, Karnataka, India – 560015
  • Industry
    Internet, Online Financial Services

To see the full contact details of Five Salts Private Limited, buy the company report.

Comprehensive company report
Five Salts Private Limited - one report that includes everything
  • 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
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Brands

Five Salts operates one associated brand: SALT. Each brand links to its own profile.

BrandDescriptionWebsite
Financial literacy solutions are provided to empower women economically.salt.one

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other 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 available

Five Salts Private Limited reported revenue of ₹54.76 Lakh (up 383% YoY) for FY 2024.

Revenue · FY 2024
₹54.76 Lakh ▲ 383%
Net loss · FY 2024
₹4.35 Cr
EBITDA · FY 2024
-₹2.89 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 383%
EBITDA CAGR growth
1 year
▲ 60%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Chaitra Gowdar ChidanandDirector02 Mar 20215 Years 7 MonthsCurrent
Shinjini VijayDirector05 Feb 20215 Years 8 MonthsCurrent
Aditi SholapurkarDirector15 Apr 20215 Years 6 MonthsCurrent

Auditor

Five Salts Private Limited is audited by Anand Dua & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Anand Dua & Associates LLPFY 202304263N

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 categoryFY 2023FY 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.

Total deals
4
Funding rounds
3
Rights issue
1
Disclosed funding
₹27.49 Cr

Deals on record (2 of 4)

WhenDealAmountParties
Apr 2021Rights issue₹10 LakhInvestors: an individual
Apr 2021Funding round₹19.7 LakhInvestors: 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.

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.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Seven Salts Financial Services Private LimitedU67100KA2021PTC151294

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.

Employee count
21
Active EPFO establishments
1
Employee growth
-19.23%

GST

Five Salts has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECF4304P1ZBKarnatakaActive18 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.

AGM
Five Salts Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Roel Gerardus Marie Janssen ceased to be Nominee Director.
Filing
Five Salts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Chaitra Gowdar Chidanand ceased to be Additional Director.
Ceased
Aditi Sholapurkar ceased to be Additional Director.
Ceased
Dev Kumar ceased to be Director.
Appointed
Aditi Sholapurkar was appointed as Director.
Appointed
Chaitra Gowdar Chidanand was appointed as Director.
Appointed
Shinjini Vijay was appointed as Director.
Incorporation
05 Feb 2021
Five Salts Private Limited was registered on 05 Feb 2021 with Roc Bangalore & aged 5 years 8 months as per MCA records.

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:

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.