Classone Business Private Limited

Classone Business Private Limited - home appliances in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U52339KA2019PTC129380 Incorporated 06 November 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company home appliances DPIIT Startup
Data last updated
Revenue · FY 2024
₹3.31 Cr
▼ 5% YoY
Net profit · FY 2024
₹19.92 Lakh
Net margin 6%
EBITDA · FY 2024
₹27.08 Lakh
EBITDA margin 8.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Classone Business Private Limited

Data last updated:

Classone Business Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the household appliance retail segment of the home appliances and consumer durables sector. It was incorporated on 06 November 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52339KA2019PTC129380. Its GSTIN is 29AAICC4577F1ZC (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manishaben Harji Lagdhir and Lagdhir Vandana.

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 # 87 V P Street, Bangalore, Karnataka, India – 560042.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.31 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹19.92 Lakh (net margin 6%) and EBITDA of ₹27.08 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.

The company is associated with 1 brand: Classone.

For more details, the company can be reached via its website classone.in.

Company details

CIN U52339KA2019PTC129380
Registration Number 129380
Incorporation Date 06 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Classone Business

DPIIT recognised startup Government of India
Startup India

Contact details

Classone Business Private Limited's registered office is in Bangalore, Karnataka. Its website is classone.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    # 87 V P Street, Bangalore, Karnataka, India – 560042
  • Industry
    Home Appliances, Household Appliance Retail, Household Appliance, Specialized Stores, Retailers

To see the full contact details of Classone Business Private Limited, buy the company report.

Comprehensive company report
Classone Business 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

Classone Business operates one associated brand: Classone. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing and supplying packaging materials for industries in India.classone.in

Business activity

The main business activity of Classone Business 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 Classone Business Private Limited, buy the company report.

Financials of Classone Business Private Limited

FY 2025 filings available

Classone Business Private Limited reported revenue of ₹3.31 Cr (down 5% YoY) for FY 2024.

Revenue · FY 2024
₹3.31 Cr ▼ 5%
Net profit · FY 2024
₹19.92 Lakh margin 6%
EBITDA · FY 2024
₹27.08 Lakh margin 8.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 165%

Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA rose 5% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹27.08 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹19.92 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.2%
Net Profit Margin6%
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 Classone Business Private Limited, buy the company report.

Board of directors of Classone Business Private Limited

Classone Business has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manishaben Harji LagdhirDirector06 Nov 20196 Years 11 MonthsCurrent
Lagdhir VandanaDirector18 Nov 20241 Years 11 MonthsCurrent

Peer comparison

Classone Business Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Favoroski Designs Private Limited₹3.31 Cr (FY 2024)180.0%New Delhi, Delhi, India
Mulberry Processing Private Limited₹3.31 Cr (FY 2025)134.0%Bengaluru, Karnataka, India
Topmark Solutions Private Limited₹3.31 Cr (FY 2024)-1.0%Lucknow, Uttar Pradesh, India
Shree Balaji Synthetics Private Limited₹3.31 Cr (FY 2025)-10.0%Bhilwara, Rajasthan, India
My Sound Centers (OPC) Private Limited₹3.31 Cr (FY 2025)-3.0%Ahmedabad, Gujarat, India
Classone Business Private Limitedthis company₹3.31 Cr (FY 2024)₹19.92 Lakh6%-5.0%Bangalore, Karnataka, India
Emerge Variance Private Limited₹3.31 Cr (FY 2025)340.0%Jaipur, Rajasthan, India
Nuzhat Jute Bags Factory Private Limited₹3.31 Cr (FY 2025)8.0%Delhi, India
SB Bags Private Limited₹3.31 Cr (FY 2024)-28.0%Patna, Bihar, India
Lake View Sanatorium Private Limited₹3.31 Cr (FY 2025)5.0%Ranchi, Jharkhand, India
Somansh Culinary Private Limited₹3.31 Cr (FY 2024)-29.0%Kolkata, West Bengal, India

To see the full peer comparison of Classone Business Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Classone Business Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Classone Business has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICC4577F1ZCKarnatakaActive14 Nov 2019

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

Recent activity

Classone Business Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Lagdhir Vandana ceased to be Additional Director on 29 Sep 2025.

AGM
Classone Business Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Lagdhir Vandana ceased to be Additional Director.
Filing
Classone Business Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Shanti Gopal Kuchhadiya ceased to be Director.
Appointed
Lagdhir Vandana was appointed as Director.
Appointed
Manishaben Harji Lagdhir was appointed as Director.
Incorporation
06 Nov 2019
Classone Business Private Limited was registered on 06 Nov 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.

Frequently asked questions

Classone Business is an active private limited company based in Bangalore, Karnataka, India. The company works in household appliance retail, within the home appliances industry. It was incorporated on 06 November 2019 (7+ years old) and is registered under CIN U52339KA2019PTC129380.

Classone Business has 2 current directors:

The latest financial statements of Classone Business 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 2020 are in the company report.

The GSTIN of Classone Business is 29AAICC4577F1ZC, registered in Karnataka.

The CIN (Corporate Identification Number) of Classone Business is U52339KA2019PTC129380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Classone Business was incorporated on 06 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Classone Business by revenue are Favoroski Designs Private Limited, Mulberry Processing Private Limited, Topmark Solutions Private Limited, Shree Balaji Synthetics Private Limited, My Sound Centers (OPC) Private Limited and 5 more, all in the same principal business activity (wholesale trading).

Lagdhir Vandana ceased to be Additional Director on 29 Sep 2025. Shanti Gopal Kuchhadiya ceased to be Director on 21 Nov 2024. Lagdhir Vandana was appointed as Director on 18 Nov 2024. Classone Business has 4 board changes on record in total.

Yes, Classone Business is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Classone Business can be reached through the website classone.in. Its registered office is in Bangalore, Karnataka, India.

The registered office of Classone Business is at # 87 V P Street, Bangalore, Karnataka, India – 560042.