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Food Space Technology Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.48 Cr
▲ 524% YoY
Net loss · FY 2024
₹1.75 Cr
Net margin -118.5%
EBITDA · FY 2024
-₹1.73 Cr
EBITDA margin -117.3%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹1.92 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
Active GSTINs
3
GST registered
About Food Space Technology Private Limited
Data last updated:
Food Space Technology Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 05 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC136889. Its GSTIN is 29AAECF1747N1Z6 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.92 Lakh. It is led by directors including Rajesh Jogi Kumar and Mathew Varkey.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 12 Cunningham Crescent, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.48 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.75 Cr (net margin -118.5%) and EBITDA of -₹1.73 Cr (EBITDA margin -117.3%). Revenue has grown at a compounded annual rate (CAGR) of 227% over three years.
The company is associated with 1 brand: Tipplr. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.6 Cr; the latest was in March 2022.
Food Space Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0016136). For more details, the company can be reached via its website tipplr.in.
Company details
CIN U74999KA2020PTC136889
Registration Number 136889
Incorporation Date 05 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0016136
Recognitions & Rankings of Food Space Technology
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0016136
Contact details
Food Space Technology Private Limited's registered office is in Bangalore, Karnataka. Its website is tipplr.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo. 12 Cunningham Crescent, Bangalore, Karnataka, India – 560052
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Food Space Technology Private Limited, buy the company report.
Comprehensive company report
Food Space Technology 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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Business activity
The main business activity of Food Space Technology is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Food Space Technology Private Limited, buy the company report.
Financials of Food Space Technology Private Limited
FY 2024 filings availableFood Space Technology Private Limited reported revenue of ₹1.48 Cr (up 524% YoY) for FY 2024.
Revenue · FY 2024
₹1.48 Cr ▲ 524%
Net loss · FY 2024
₹1.75 Cr margin -118.5%
EBITDA · FY 2024
-₹1.73 Cr margin -117.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 524%
3 years · compounded
▲ 227%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 49%
Revenue has grown at a compounded annual rate (CAGR) of 227% over three years, including 524% growth in the latest year. EBITDA fell 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last 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 | -₹1.73 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.75 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 | -117.3% | |||
| Net Profit Margin | -118.5% | |||
| 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 Food Space Technology Private Limited, buy the company report.
Board of directors of Food Space Technology Private Limited
Food Space Technology has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Jogi Kumar Also directs: Ujjivan Small Finance Bank Limited, Futura Techpark Private Limited, Tsi Business Parks (Hyderabad) Private Limited and 5 more | Director | 27 Apr 2023 | 3 Years 6 Months | Current |
| Mathew Varkey Also directs: Vanbey Ventures LLP, Ciq AI Solutions Private Limited, Vanbey Holdings Private Limited and 1 more | Director | 14 Oct 2021 | 5 Years 0 Months | Current |
| Goverdhan Mandyam Doddamane | Director | 05 Aug 2020 | 6 Years 3 Months | Current |
| Srinivas Jayaram | Director | 05 Aug 2020 | 6 Years 3 Months | Current |
Auditor
Food Space Technology Private Limited is audited by NSVM & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NSVM & Associates | FY 2023 | 010072S |
Shareholding
The shareholding of Food Space Technology Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Food Space Technology Private Limited, buy the company report.
Deals & funding
Food Space Technology Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.6 Cr; the latest was in March 2022.
Total deals
5
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹2.6 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹1.24 Cr | Investors: 4 individuals |
| Oct 2021 | Funding round | ₹26.2 Lakh | Investors: an individual |
| Jun 2021 | Funding round | ₹36.7 Lakh | Investors: 2 individuals |
| Nov 2020 | Funding round | ₹72.8 Lakh | Investors: 2 individuals |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
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 Food Space Technology 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 Food Space Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Food Space Technology Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Food Space Technology has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECF1747N1Z6 | Karnataka | Active | 15 Sep 2020 |
| 29AAECF1747N1CH | Karnataka | Active | 29 May 2021 |
| 36AAECF1747N1ZB | Telangana | Active | 01 Aug 2023 |
To see the full GST registrations and return filing status of Food Space Technology Private Limited, buy the company report.
Recent activity
Food Space Technology Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Rajesh Jogi Kumar was appointed as Director on 27 Apr 2023.
AGM
Food Space Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Food Space Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Rajesh Jogi Kumar was appointed as Director.
Appointed
Mathew Varkey was appointed as Director.
Appointed
Goverdhan Mandyam Doddamane was appointed as Director.
Appointed
Srinivas Jayaram was appointed as Director.
Incorporation
05 Aug 2020
Food Space Technology Private Limited was registered on 05 Aug 2020 with Roc Bangalore & aged 6 years 3 months as per MCA records.
Frequently asked questions
Food Space Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 05 August 2020 (6+ years old) and is registered under CIN U74999KA2020PTC136889.
Food Space Technology has 4 current directors:
- Rajesh Jogi Kumar - Director
- Mathew Varkey - Director
- Goverdhan Mandyam Doddamane - Director
- Srinivas Jayaram - Director
The latest financial statements of Food Space Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Food Space Technology is 29AAECF1747N1Z6, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAECF1747N1CH (Karnataka), 36AAECF1747N1ZB (Telangana).
The CIN (Corporate Identification Number) of Food Space Technology is U74999KA2020PTC136889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Food Space Technology was incorporated on 05 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Food Space Technology has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.6 Cr; the latest was in March 2022.
Rajesh Jogi Kumar was appointed as Director on 27 Apr 2023. Mathew Varkey was appointed as Director on 14 Oct 2021. Goverdhan Mandyam Doddamane was appointed as Director on 05 Aug 2020. Food Space Technology has 4 board changes on record in total.
Yes, Food Space Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Food Space Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0016136).
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