Boxseat Ventures Private Limited

Boxseat Ventures Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U51909KA2021PTC147248 Incorporated 07 May 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company automotive MSME · Medium
Data last updated
Revenue · FY 2024
₹52.76 Cr
▼ 17% YoY
Net loss · FY 2024
₹50.43 Cr
Net margin -95.6%
EBITDA · FY 2024
-₹20.51 Cr
EBITDA margin -38.9%
Authorised capital
₹37.5 Cr
Registered with MCA
Paid-up capital
₹7.14 Cr
Issued & subscribed
Open charges
₹2.21 Cr
Satisfied ₹2.21 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
14
Provident fund records

About Boxseat Ventures Private Limited

Data last updated:

Boxseat Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of 10Club Pte Ltd. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 07 May 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2021PTC147248. Its GSTIN is 29AAJCB8385R1ZH (Karnataka). The company holds 8 GST registrations, all of them active.

The company has an authorised share capital of ₹37.5 Cr and a paid-up capital of ₹7.14 Cr. It is led by directors including Suresh Navaloor and Bhavna Suresh Chathambeth.

Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹52.76 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹50.43 Cr (net margin -95.6%) and EBITDA of -₹20.51 Cr (EBITDA margin -38.9%).

The company has about 14 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: 10Club. As per MCA filings, the company has open charges of ₹2.21 Cr and satisfied charges of ₹2.21 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 4 cases are pending. The company has 16 deals on record (7 rights issues, 3 convertible or debt financings, 3 funding rounds), with disclosed funding of ₹95.38 Cr; the latest was in December 2023. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 overdue payments to 1 micro and small supplier.

Boxseat Ventures Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0113731). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 10club.team.

Company details

CIN U51909KA2021PTC147248
Registration Number 147248
Incorporation Date 07 May 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Parent Company 10Club Pte Ltd
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0113731
Key People
Suresh Navaloor Director Kavitha Krishnarao Additional Director Bhavna Suresh Chathambeth Director

Recognitions & Rankings of Boxseat Ventures

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0113731

Contact details

Boxseat Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is 10club.team. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    10club.team
  • Social Media
  • Registered Address
    461 3rd Floor Dongle Desk Sri Krishna Temple Road, Binnamangala 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Boxseat Ventures Private Limited, buy the company report.

Comprehensive company report
Boxseat Ventures 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Boxseat Ventures operates one associated brand: 10Club. Each brand links to its own profile.

BrandDescriptionWebsite
10Club
Multi-category home products are offered through an internet-first platform.10clubhomes.com

Business activity

The main business activity of Boxseat Ventures is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Boxseat Ventures Private Limited, buy the company report.

Financials of Boxseat Ventures Private Limited

FY 2024 filings available

Boxseat Ventures Private Limited reported revenue of ₹52.76 Cr (down 17% YoY) for FY 2024.

Revenue · FY 2024
₹52.76 Cr ▼ 17%
Net loss · FY 2024
₹50.43 Cr margin -95.6%
EBITDA · FY 2024
-₹20.51 Cr margin -38.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 17%
EBITDA CAGR growth
1 year
▲ 47%

Revenue fell 17% in the latest year. EBITDA rose 47% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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-₹20.51 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹50.43 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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-38.9%
Net Profit Margin-95.6%
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 Boxseat Ventures Private Limited, buy the company report.

Board of directors of Boxseat Ventures Private Limited

Boxseat Ventures has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suresh NavaloorDirector06 Jan 20251 Years 10 MonthsCurrent
Kavitha KrishnaraoAdditional Director06 Feb 20242 Years 9 MonthsCurrent
Bhavna Suresh ChathambethDirector18 Dec 20232 Years 10 MonthsCurrent
View all directors

Auditor

Boxseat Ventures Private Limited is audited by JAA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
JAA & ASSOCIATESFY 20230136995

Shareholding

The shareholding of Boxseat Ventures Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Boxseat Ventures Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.21 Cr
Satisfied charges
₹2.21 Cr
Breakdown by lending institutions
Others₹2.21 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Nov 2024101009481Others₹2.21 CrSatisfied

To see the full charge records of Boxseat Ventures Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Boxseat Ventures Private Limited has 16 deals on record (7 rights issues, 3 convertible or debt financings, 3 funding rounds), with disclosed funding of ₹95.38 Cr; the latest was in December 2023.

Total deals
16
Rights issues
7
Convertible or debt financings
3
Funding rounds
3
Secondary share transfers
2
Disclosed funding
₹95.38 Cr

Deals on record (5 of 16)

WhenDealAmountParties
Dec 2023Rights issue₹5.75 CrInvestors: 10 Club Pte Limited
Mar 2023Funding round · Series A₹9.24 CrInvestors: Fireside Ventures, LVX (LetsVenture), an individual
Jan 2023Rights issue₹12.35 CrInvestors: 10 Club Pte Limited
Oct 2022Funding round · Series A₹23.87 CrInvestors: Delhivery Limited , Fireside Ventures
Jun 2022Rights issue₹23.28 CrInvestors: 10 Club Pte Limited

To see the full deal history of Boxseat Ventures Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Boxseat Ventures Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
March31st Consulting LLP

To see the full MSME payment records of Boxseat Ventures Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Boxseat Ventures Private Limited has a workforce of 14 employees on its EPFO records as of May 2025, across 1 active EPFO establishment.

Employee count
14
Active EPFO establishments
1
Employee growth
-65.9%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2025-2614
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22

To see the full employee and EPFO history of Boxseat Ventures Private Limited, buy the company report.

GST

Boxseat Ventures has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
8
GSTINStateStatusRegistered on
29AAJCB8385R1ZHKarnatakaActive17 May 2021
07AAJCB8385R1ZNDelhiActive20 Jul 2021
36AAJCB8385R1ZMTelanganaActive29 Sep 2021
09AAJCB8385R1ZJUttar PradeshActive30 Nov 2021

To see the full GST registrations and return filing status of Boxseat Ventures Private Limited, buy the company report.

Recent activity

Boxseat Ventures Private Limited has 10 board changes on record since 2022: 3 appointments and 7 cessations. The latest: Suresh Navaloor was appointed as Director on 06 Jan 2025.

Charges
A charge registered on 28 Nov 2024 via Charge ID 101009481 with Others was fully satisfied on 05 May 2025.
Appointed
Suresh Navaloor was appointed as Director.
Charges
A charge with Others amounted to Rs. 2.21 Cr with Charge ID 101009481 was registered on 28 Nov 2024.
AGM
Boxseat Ventures Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Ceased
Bhavna Suresh Chathambeth ceased to be Additional Director.
Ceased
Kavitha Krishnarao ceased to be Additional Director.
Ceased
Chinnaiah Anil Kumar ceased to be Company Secretary.
Filing
Boxseat Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Kavitha Krishnarao was appointed as Additional Director.
Ceased
Suresh Navaloor ceased to be Director.
Appointed
Bhavna Suresh Chathambeth was appointed as Director.
Ceased
Aditya Sarda ceased to be CFO.

3 earlier events are in the company report.

News

Frequently asked questions

Boxseat Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 07 May 2021 (5+ years old) and is registered under CIN U51909KA2021PTC147248.

Boxseat Ventures has 3 current directors:

The latest financial statements of Boxseat Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Boxseat Ventures is 29AAJCB8385R1ZH, registered in Karnataka. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 07AAJCB8385R1ZN (Delhi), 36AAJCB8385R1ZM (Telangana), 09AAJCB8385R1ZJ (Uttar Pradesh).

The CIN (Corporate Identification Number) of Boxseat Ventures is U51909KA2021PTC147248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Boxseat Ventures has 6 court cases on record: 4 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.

Boxseat Ventures was incorporated on 07 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

Boxseat Ventures has 16 deals on record (7 rights issues, 3 convertible or debt financings, 3 funding rounds), with disclosed funding of ₹95.38 Cr; the latest was in December 2023.

Suresh Navaloor was appointed as Director on 06 Jan 2025. Bhavna Suresh Chathambeth ceased to be Additional Director on 24 Sep 2024. Kavitha Krishnarao ceased to be Additional Director on 24 Sep 2024. Boxseat Ventures has 10 board changes on record in total.

Yes, Boxseat Ventures is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0113731).

Boxseat Ventures has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.