- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-04-0001384

About Aequs Force Consumer Products Private Limited
Data last updated:
Aequs Force Consumer Products Private Limited is a private limited company based in Belgaum, Karnataka, India, a subsidiary of Aequs Private Limited. It operates in the toy manufacturing segment of the consumer goods sector. It was incorporated on 19 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28191KA2018PTC114901. Its GSTIN is 29AARCA1398M1ZT (Karnataka).
The company has an authorised share capital of ₹158 Cr and a paid-up capital of ₹157.55 Cr. It is led by directors Basavant Appanna Patil and Basavaraj Siddalingappa Sugandhi.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Aequs SEZ No. 437/A Hattargi Village Hukkeri Taluk, Belgaum, Karnataka, India – 591243.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.2 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹21.4 Cr (net margin -84.9%) and EBITDA of -₹5.2 Cr (EBITDA margin -20.6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 80% over five years.
The company has about 165 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aequs. As per MCA filings, the company has open charges of ₹55 Cr and satisfied charges of ₹13 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 22 deals on record (12 secondary share transfers, 6 rights issues, 3 funding rounds), with disclosed funding of ₹45.92 Cr; the latest was in October 2023. Its 7 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Hitkari Multi Products Private Limited with revenue of ₹25.38 Cr. The company has 16 MSME Form 1 returns on record between 2020 and 2024, listing 158 overdue payments to 13 micro and small suppliers.
Aequs Force Consumer Products Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0001384). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aequs.com.
Company details
CIN history
Aequs Force Consumer Products has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28191KA2018PTC114901, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28191KA2018PTC114901 | Current |
| U33100KA2018PTC114901 | Previous |
| U25209KA2018PTC114901 | Previous |
Recognitions & Rankings of Aequs Force Consumer Products
Contact details
Aequs Force Consumer Products Private Limited's registered office is in Belgaum, Karnataka. Its website is aequs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAequs SEZ No. 437/A Hattargi Village Hukkeri Taluk, Belgaum, Karnataka, India – 591243
- IndustryConsumer Goods, Toy Manufacturing
To see the full contact details of Aequs Force Consumer Products 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
Business activity
The main business activity of Aequs Force Consumer Products is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Aequs Force Consumer Products Private Limited, buy the company report.
Financials of Aequs Force Consumer Products Private Limited
FY 2025 filings availableAequs Force Consumer Products Private Limited reported revenue of ₹25.2 Cr (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 80%. EBITDA rose 9% 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 | -₹5.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.4 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.6% | ||||
| Net Profit Margin | -84.9% | ||||
| 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 Aequs Force Consumer Products Private Limited, buy the company report.
Board of directors and KMP of Aequs Force Consumer Products Private Limited
Aequs Force Consumer Products Private Limited currently reports 2 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavant Appanna Patil | Director | 06 Aug 2025 | 1 Years 2 Months | Current |
| Basavaraj Siddalingappa Sugandhi Also directs: Mfre Estate Private Limited, Automotive End Solution Private Limited, Aequs Infra Network Services Private Limited and 5 more | Director | 06 Aug 2025 | 1 Years 2 Months | Current |
| Chaitanya Bhat Also directs: Breville India Private Limited, Krayden India Private Limited | Company Secretary | 23 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Aequs Force Consumer Products Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hitkari Multi Products Private Limited | ₹25.38 Cr (FY 2024) | 75.0% | Mumbai, Maharashtra, India | |||
| Bolton Petforms Private Limited | ₹25.28 Cr (FY 2024) | 31.0% | Chennai, Tamil Nadu, India | |||
| Ayka Mould Tech Industries Limited | ₹25.25 Cr (FY 2018) | Pimpalgaon, Maharashtra, India | ||||
| Aequs Force Consumer Products Private Limitedthis company | ₹25.2 Cr (FY 2025) | -₹21.4 Cr | -84.9% | -61.0% | 165 | Belgaum, Karnataka, India |
| Creative Dies & Moulds Private Limited | ₹25.14 Cr (FY 2024) | 14.0% | Mumbai, Maharashtra, India | |||
| Radhika Packaging Private Limited | ₹25.1 Cr (FY 2016) | 7.0% | Amravati, Maharashtra, India | |||
| Hindustan Polytex Industries Private Limited | ₹25 Cr (FY 2025) | 27.0% | Jamshedpur, Jharkhand, India | |||
| Balahanuman Plastic Industries Private Limited | ₹24.89 Cr (FY 2025) | 46.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Aequs Force Consumer Products Private Limited, buy the company report.
Auditor
Aequs Force Consumer Products Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Aequs Force Consumer Products Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aequs Force Consumer Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2025 | 101179889 | Others | ₹55 Cr | Open | |
| 15 Dec 2020 | 100403012 | Hdfc Bank Limited | ₹13 Cr | Satisfied |
To see the full charge records of Aequs Force Consumer Products Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Aequs Force Consumer Products Private Limited has 22 deals on record (12 secondary share transfers, 6 rights issues, 3 funding rounds), with disclosed funding of ₹45.92 Cr; the latest was in October 2023.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Rights issue | ₹24.4 Cr | Investors: Aequs Limited |
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: Aequs Limited Seller: Aequs Manufacturing Investments Private Limited |
| Jun 2023 | Rights issue | ₹2.19 Cr | Investors: Aequs Limited |
| Jun 2023 | Funding round | ₹9.5 Cr | Investors: Aequs Limited |
| Nov 2022 | Rights issue | ₹44.8 Cr | Investors: Aequs Limited |
To see the full deal history of Aequs Force Consumer Products Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aequs Force Consumer Products Private Limited has 1 court case on record: 1 filed by Aequs Force Consumer Products. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (AP.IM) | Filed by the company against Hasbro India Toys Private Limited and 2 others | Pending |
To see the full case history of Aequs Force Consumer Products 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
Aequs Force Consumer Products Private Limited has 16 MSME Form 1 returns on record between 2020 and 2024, listing 158 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Care Pack Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Spinks Impex | |||
| Dexterous Toolroom and Engineering |
To see the full MSME payment records of Aequs Force Consumer Products Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aequs Force Consumer Products Private Limited has a workforce of 165 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Aequs Force Consumer Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA1398M1ZT | Karnataka | Active | 05 Dec 2018 |
To see the full GST registrations and return filing status of Aequs Force Consumer Products Private Limited, buy the company report.
Recent activity
Aequs Force Consumer Products Private Limited has 23 board changes on record since 2018: 13 appointments and 10 cessations. The latest: Dinesh Venkatachalam Iyer ceased to be Director on 07 Aug 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Aequs Force Consumer Products is an active private limited company based in Belgaum, Karnataka, India. The company works in toy manufacturing, within the consumer goods industry. It was incorporated on 19 July 2018 (8+ years old) and is registered under CIN U28191KA2018PTC114901.
Aequs Force Consumer Products has 3 current directors and KMP:
- Basavant Appanna Patil - Director
- Basavaraj Siddalingappa Sugandhi - Director
- Chaitanya Bhat - Company Secretary
The latest financial statements of Aequs Force Consumer Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Aequs Force Consumer Products is 29AARCA1398M1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Aequs Force Consumer Products is U28191KA2018PTC114901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aequs Force Consumer Products has 1 court case on record: 1 filed by the company. 1 is pending.
Aequs Force Consumer Products was incorporated on 19 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Aequs Force Consumer Products has 22 deals on record (12 secondary share transfers, 6 rights issues, 3 funding rounds), with disclosed funding of ₹45.92 Cr; the latest was in October 2023.
The peers of Aequs Force Consumer Products by revenue are Hitkari Multi Products Private Limited, Bolton Petforms Private Limited, Ayka Mould Tech Industries Limited, Creative Dies & Moulds Private Limited, Radhika Packaging Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Dinesh Venkatachalam Iyer ceased to be Director on 07 Aug 2025. Suraj Hukkeri ceased to be Director on 07 Aug 2025. Basavant Appanna Patil was appointed as Director on 06 Aug 2025. Aequs Force Consumer Products has 23 board changes on record in total.
Yes, Aequs Force Consumer Products is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-04-0001384).
Aequs Force Consumer Products has 16 MSME Form 1 returns on record between 2020 and 2024, listing 158 overdue payments to 13 micro and small suppliers. The latest return was filed on 29 Apr 2024.

