DPIIT recognised startup Government of India
Startup India
Futstart Experience Private Limited - consumer goods in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹12.45 Lakh
Latest filing
Net profit · FY 2019
₹1,728
Net margin 0.1%
EBITDA · FY 2019
₹1,728
EBITDA margin 0.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Futstart Experience Private Limited
Data last updated:
Futstart Experience Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the sports equipment retail and distribution segment of the consumer goods sector. It was incorporated on 29 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC108288. Its GSTIN is 29AADCF2554Q1Z2 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Futstart Experiance Private Limited. It is led by directors Karthik Ganesh Shenoy and Shankarappa Srijith.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No. 34 Sur No. 120 Bm Kaval Agara Road Thataguni Kengeri Hobli Bwssb Plant, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2019, the company reported a revenue of ₹12.45 Lakh. For the same year it recorded a net profit of ₹1,728 (net margin 0.1%) and EBITDA of ₹1,728 (EBITDA margin 0.1%).
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 4 cases are pending.
Futstart Experience Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0164529). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website futstart.com.
Company details
CIN U74999KA2017PTC108288
Registration Number 108288
Incorporation Date 29 November 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0164529
Recognitions & Rankings of Futstart Experience
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0164529
Contact details
Futstart Experience Private Limited's registered office is in Bangalore, Karnataka. Its website is futstart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 34 Sur No. 120 Bm Kaval Agara Road Thataguni Kengeri Hobli Bwssb Plant, Bangalore, Karnataka, India – 560062
- IndustryConsumer Goods, Sports Equipment Retail & Distribution
To see the full contact details of Futstart Experience Private Limited, buy the company report.
Comprehensive company report
Futstart Experience 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 Futstart Experience is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Futstart Experience Private Limited, buy the company report.
Financials of Futstart Experience Private Limited
FY 2019 filings availableFutstart Experience Private Limited reported revenue of ₹12.45 Lakh for FY 2019.
Revenue · FY 2019
₹12.45 Lakh
Net profit · FY 2019
₹1,728 margin 0.1%
EBITDA · FY 2019
₹1,728 margin 0.1%
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹12.45 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1,728 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1,728 | |
| 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 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.1% | |
| Net Profit Margin | 0.1% | |
| 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 Futstart Experience Private Limited, buy the company report.
Board of directors of Futstart Experience Private Limited
Futstart Experience has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthik Ganesh Shenoy Also directs: Isportified Development Foundation, A1 Sports Private Limited | Director | 29 Nov 2017 | 8 Years 10 Months | Current |
| Shankarappa Srijith | Director | 18 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Futstart Experience Private Limited is audited by JAYARAJA AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYARAJA AND ASSOCIATES | FY 2019 | 015167S |
Shareholding
The shareholding of Futstart Experience Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Futstart Experience Private Limited, buy the company report.
Legal cases
Futstart Experience Private Limited has 6 court cases on record: 2 filed by Futstart Experience, 4 filed against it. 4 cases are pending and 2 are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Pending
4
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 4 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Unity Small Finance Bank Limited. | Pending |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Unity Small Finance Bank, Rep by Its Authorised Officer Rakshith Gupta J | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Futstart Experience 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 Futstart Experience Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Futstart Experience has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF2554Q1Z2 | Karnataka | Active | 02 Jul 2018 |
To see the full GST registrations and return filing status of Futstart Experience Private Limited, buy the company report.
Recent activity
Futstart Experience Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Vikram Bhat ceased to be Director on 04 Apr 2019.
AGM
Futstart Experience Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Ceased
Vikram Bhat ceased to be Director.
Filing
Futstart Experience Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Appointed
Shankarappa Srijith was appointed as Director.
Ceased
Shal Marshal Robin ceased to be Director.
Appointed
Karthik Ganesh Shenoy was appointed as Director.
Incorporation
29 Nov 2017
Futstart Experience Private Limited was registered on 29 Nov 2017 with Roc Bangalore & aged 8 years 10 months as per MCA records.
Frequently asked questions
Futstart Experience is an active private limited company based in Bangalore, Karnataka, India. The company works in sports equipment retail and distribution, within the consumer goods industry. It was incorporated on 29 November 2017 (9+ years old) and is registered under CIN U74999KA2017PTC108288.
Futstart Experience has 2 current directors:
- Karthik Ganesh Shenoy - Director
- Shankarappa Srijith - Director
The latest financial statements of Futstart Experience on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Futstart Experience is 29AADCF2554Q1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Futstart Experience is U74999KA2017PTC108288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Futstart Experience has 6 court cases on record: 2 filed by the company and 4 filed against it. 4 are pending.
Futstart Experience was incorporated on 29 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Vikram Bhat ceased to be Director on 04 Apr 2019. Shankarappa Srijith was appointed as Director on 18 Mar 2019. Shal Marshal Robin ceased to be Director on 19 May 2018. Futstart Experience has 4 board changes on record in total.
Yes, Futstart Experience is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Futstart Experience is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0164529).