Funplex Initiatives Development and Research Private Limited
About Funplex Initiatives Development and Research Private Limited
Data last updated:
Funplex Initiatives Development and Research Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the household goods segment of the home appliances and consumer durables sector. It was incorporated on 07 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51311OR2015PTC018585. Its GSTIN is 21AADCI7644E1ZV (Odisha).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Infusions Initiatives Private Limited. It is led by directors including Charudutta Panigrahi and Pradeepta Kumar Mallick.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at House No – 5 Sai Anandam Patia, Bhubaneswar, Odisha, India – 751024.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.5 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹3.1 Lakh (net margin 5.2%) and EBITDA of ₹4.29 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 705% over three years and 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Funplex Initiatives Development and Research Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No – 5 Sai Anandam Patia, Bhubaneswar, Odisha, India – 751024
- IndustryHome Appliances, Household Goods, Wholesale
To see the full contact details of Funplex Initiatives Development and Research 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
Financials of Funplex Initiatives Development and Research Private Limited
FY 2025 filings availableFunplex Initiatives Development and Research Private Limited reported revenue of ₹59.5 Lakh (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 31% growth in the latest year. EBITDA rose 16% 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 2024-25 | 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 | ₹4.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.1 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 5.2% | ||||
| 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 Funplex Initiatives Development and Research Private Limited, buy the company report.
Board of directors of Funplex Initiatives Development and Research Private Limited
Funplex Initiatives Development and Research has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charudutta Panigrahi Also directs: Sat Habitat Private Limited | Director | 30 Jul 2020 | 6 Years 2 Months | Current |
| Pradeepta Kumar Mallick Also directs: Sat Habitat Private Limited, Wishbone Ventures Private Limited | Director | 30 Jul 2020 | 6 Years 2 Months | Current |
| Siddhartha Kumar Behera | Director | 07 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Funplex Initiatives Development and Research Private Limited is audited by DILLIP SAMIR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DILLIP SAMIR & ASSOCIATES | FY 2017 | 324349E |
Shareholding
The shareholding of Funplex Initiatives Development and Research Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Funplex Initiatives Development and Research Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Funplex Initiatives Development and Research 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 Funplex Initiatives Development and Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Funplex Initiatives Development and Research has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCI7644E1ZV | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Funplex Initiatives Development and Research Private Limited, buy the company report.
Recent activity
Funplex Initiatives Development and Research Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Siddhartha Kumar Behera ceased to be Director on 05 Aug 2020.
Frequently asked questions
Funplex Initiatives Development and Research is an active private limited company based in Bhubaneswar, Odisha, India. The company works in household goods, within the home appliances industry. It was incorporated on 07 January 2015 (11+ years old) and is registered under CIN U51311OR2015PTC018585.
Funplex Initiatives Development and Research has 3 current directors:
- Charudutta Panigrahi - Director
- Pradeepta Kumar Mallick - Director
- Siddhartha Kumar Behera - Director
The latest financial statements of Funplex Initiatives Development and Research on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Funplex Initiatives Development and Research is 21AADCI7644E1ZV, registered in Odisha.
The CIN (Corporate Identification Number) of Funplex Initiatives Development and Research is U51311OR2015PTC018585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Funplex Initiatives Development and Research was incorporated on 07 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Cuttack.
Siddhartha Kumar Behera ceased to be Director on 05 Aug 2020. Charudutta Panigrahi was appointed as Director on 30 Jul 2020. Debi Prasan Patnaik ceased to be Director on 30 Jul 2020. Funplex Initiatives Development and Research has 6 board changes on record in total.
The registered office of Funplex Initiatives Development and Research is at House No – 5 Sai Anandam Patia, Bhubaneswar, Odisha, India – 751024.
Funplex Initiatives Development and Research operates in the home appliances industry, in the household goods segment.
The compliance status of Funplex Initiatives Development and Research is compliant as of 15 July 2026. The company is actively filing with the Registrar of Companies.