DPIIT recognised startup Government of India
Startup India
Funshalla India Private Limited - sports in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2025
₹1.07 Cr
▼ 15% YoY
Net loss · FY 2025
₹22.11 Lakh
Net margin -20.7%
EBITDA · FY 2025
-₹19.03 Lakh
EBITDA margin -17.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Funshalla India Private Limited
Data last updated:
Funshalla India Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the recreational services segment of the sports and recreation sector. It was incorporated on 10 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92490MH2020PTC349831.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Diah Nirav Shah and Nirav Mahendra Shah.
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 1204 12th Flr Sethana Mansion 155/157 10th Khetwadi Girgaon Lane, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.07 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹22.11 Lakh (net margin -20.7%) and EBITDA of -₹19.03 Lakh (EBITDA margin -17.8%). Revenue has grown at a compounded annual rate (CAGR) of 120% over three years.
Court records list 1 case involving the company, including 1 filed against it.
Funshalla India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0024637). For more details, the company can be reached via its website funshalla.com.
Company details
CIN U92490MH2020PTC349831
Registration Number 349831
Incorporation Date 10 November 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0024637
Recognitions & Rankings of Funshalla India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-19-0024637
Contact details
Funshalla India Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address1204 12th Flr Sethana Mansion 155/157 10th Khetwadi Girgaon Lane, Mumbai, Maharashtra, India – 400004
- IndustrySports, Recreational, Sports & Events
Comprehensive company report
Funshalla India 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 Funshalla India is arts, entertainment and recreation. In detail, this covers sports activities and amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | 93 | Sports activities and amusement and recreation activities |
To see the full business activity and turnover split of Funshalla India Private Limited, buy the company report.
Financials of Funshalla India Private Limited
FY 2025 filings availableFunshalla India Private Limited reported revenue of ₹1.07 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹1.07 Cr ▼ 15%
Net loss · FY 2025
₹22.11 Lakh margin -20.7%
EBITDA · FY 2025
-₹19.03 Lakh margin -17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 120%
EBITDA CAGR growth
1 year
▼ 171%
3 years · compounded
▲ 15%
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 120%. EBITDA fell 171% 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 |
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| EBITDA | -₹19.03 Lakh | ||||
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| Net Profit (PAT) | -₹22.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -17.8% | ||||
| Net Profit Margin | -20.7% | ||||
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To see the full financial statements and ratios of Funshalla India Private Limited, buy the company report.
Board of directors of Funshalla India Private Limited
Funshalla India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Diah Nirav Shah | Director | 25 Apr 2024 | 2 Years 6 Months | Current |
| Nirav Mahendra Shah Also directs: Aadaten Private Limited | Director | 10 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Funshalla India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (sports activities and amusement and recreation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jubilee Park and Resorts Private Limited | ₹1.14 Cr (FY 2025) | 69.0% | Kalyani, West Bengal, India | |||
| Infinite Life Fitness Private Limited | ₹1.13 Cr (FY 2025) | 71.0% | Pune, Maharashtra, India | |||
| Malad Gymkhana Limited | ₹1.13 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Iflp Entertainment Private Limited | ₹1.08 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Panchamrit Entertainment Private Limited | ₹1.07 Cr (FY 2025) | 0.0% | Howrah, West Bengal, India | |||
| Funshalla India Private Limitedthis company | ₹1.07 Cr (FY 2025) | -₹22.11 Lakh | -20.7% | -15.0% | Mumbai, Maharashtra, India | |
| Deccan Sports Club | ₹1.06 Cr (FY 2023) | 420.0% | Kolhapur, Maharashtra, India | |||
| Pro-Fit Fitness Solutions Private Limited | ₹1.06 Cr (FY 2025) | 44.0% | Mumbai, Maharashtra, India | |||
| Northeast Football Foundation | ₹1.06 Cr (FY 2025) | 1806.0% | Mumbai, Maharashtra, India | |||
| Vasuman Enterprises Private Limited | ₹1.05 Cr (FY 2025) | 48.0% | New Delhi, Delhi, India | |||
| Iw Services and Matrimonial Private Limited | ₹1.04 Cr (FY 2025) | 416.0% | Delhi, India |
To see the full peer comparison of Funshalla India Private Limited, buy the company report.
Legal cases
Funshalla India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS WARRENT CASES SW) | Filed against the company | Disposed |
To see the full case history of Funshalla India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Funshalla India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Funshalla India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Funshalla India Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Diah Nirav Shah ceased to be Additional Director on 29 Sep 2024.
AGM
Funshalla India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Funshalla India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Diah Nirav Shah ceased to be Additional Director.
Ceased
Karima Hasanali Ladak ceased to be Director.
Appointed
Diah Nirav Shah was appointed as Director.
Ceased
Suman Mevalal Nai ceased to be Additional Director.
Appointed
Nirav Mahendra Shah was appointed as Director.
Incorporation
10 Nov 2020
Funshalla India Private Limited was registered on 10 Nov 2020 with Roc Mumbai & aged 5 years 11 months as per MCA records.
Frequently asked questions
Funshalla India is an active private limited company based in Mumbai, Maharashtra, India. The company works in recreational, within the sports industry. It was incorporated on 10 November 2020 (6+ years old) and is registered under CIN U92490MH2020PTC349831.
Funshalla India has 2 current directors:
- Diah Nirav Shah - Director
- Nirav Mahendra Shah - Director
The latest financial statements of Funshalla India 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 FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Funshalla India is U92490MH2020PTC349831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Funshalla India has 1 court case on record: 1 filed against it.
Funshalla India was incorporated on 10 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Funshalla India by revenue are Jubilee Park and Resorts Private Limited, Infinite Life Fitness Private Limited, Malad Gymkhana Limited, Iflp Entertainment Private Limited, Panchamrit Entertainment Private Limited and 5 more, all in the same principal business activity (sports activities and amusement and recreation activities).
Diah Nirav Shah ceased to be Additional Director on 29 Sep 2024. Karima Hasanali Ladak ceased to be Director on 02 May 2024. Diah Nirav Shah was appointed as Director on 25 Apr 2024. Funshalla India has 5 board changes on record in total.
Yes, Funshalla India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Funshalla India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0024637).
Funshalla India can be reached through the website funshalla.com. Its registered office is in Mumbai, Maharashtra, India.