Cultsport Private Limited - Company Profile

Q: Who are the current directors of Cultsport Private Limited?

The current directors of Cultsport Private Limited are Bishnu Prakash Hazari, Siddharth Nimesh Suchde.

It is a travel and hospitality private limited company based in Bangalore, Karnataka, India, established in 2016.

2016 Bangalore, Karnataka, India Active

Last Updated: January 05, 2026

About Cultsport Private Limited

Cultsport Private Limited, a active private limited company, was established on 02 September 2016 in Bangalore, Karnataka, India. Engaging in hotel & accommodation services within the trade sector, it holds CIN: U74999KA2016PTC096227. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹9.73 Cr.

It upholds a compliant status. Employing 95 professional, Its leadership includes Bishnu Prakash Hazari (Director), Siddharth Nimesh Suchde (Whole-Time Director). Past directors included Bishnu Prakash Hazari, Mukesh Bansal, Pawan Shreedhar Raghuveer. It holds ₹165.00 Cr open charges and ₹66.17 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 17 & 17C Bda, Sector 3, Hsr Layout,, Bangalore, Karnataka, 560102.

Company Details

CIN/LLPIN
U74999KA2016PTC096227
Registration Number
096227
Incorporation Date
02 September 2016
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹9.73 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 05-01-2026
Paid Up Capital ₹ 9.73 Cr as on 05-01-2026
Company Age 9 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 165.00 Cr as on 05-01-2026
Satisfied Charges ₹ 66.17 Cr as on 05-01-2026
Revenue Growth **** 4329.25% (FY 2024)
Profit Growth **** -9050.81% (FY 2024)
Ebitda **** -5392.61% (FY 2024)
Net Worth -2392.85% (FY 2024)
Total Assets **** 762.05% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Cultsport Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Cultsport Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Bishnu Prakash Hazari	Director	20 Sep 2024	Current
Siddharth Nimesh Suchde	Whole-Time Director	24 Dec 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2024	Past
Pramod Abcsdd	Director	31 Aug 2019	Past
Pramod Abcsdd	Whole-Time Director	15 Oct 2020	Past
Pramod Abcsdd	Whole-Time Director	03 Oct 2021	Past
Pramod Abcsdd	Additional Director	15 Dec 2021	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past

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Financial Performance of Cultsport.

Cultsport Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 4329.25% increase. The company also saw a substantial fall in profitability, with a 9050.81% decrease in profit. The company's net worth observed a substantial decline by a decrease of 2392.85%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

4329.25%

*******

Revenue from Operations

*******

9171.29%

*******

Total Assets

*******

762.05%

*******

Profit or Loss

*******

-9050.81%

*******

Net Worth

*******

-2392.85%

*******

EBITDA

*******

-5392.61%

*******

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What is the Ownership and Shareholding Structure of Cultsport?

In 2024, Cultsport had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,650,000,000.00

Satisfied Charges

₹661,650,000.00

Charges Breakdown by Lending Institutions

Others : 50.00 Cr
Axis Bank Limited : 45.00 Cr
The Hongkong And Shanghai Banking Corporation Limited : 40.00 Cr
Yes Bank Limited : 30.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Jul 2025	Others	₹50.00 Cr	Open
20 May 2025	The Hongkong And Shanghai Banking Corporation Limited	₹40.00 Cr	Open
30 Jan 2025	Yes Bank Limited	₹30.00 Cr	Open
03 Jan 2025	Axis Bank Limited	₹45.00 Cr	Open
06 Aug 2020	Standard Chartered Bank	₹4.17 Cr	Satisfied

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How Many Employees Work at Cultsport?

Cultsport has a workforce of 95 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Cultsport, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cultsport's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Cultsport

Recent Activity within the Organization

Charges

The activity A charge with Others of Rs. 50.00 Cr registered on 31 Jul 2025 with Charge ID 101145817 was modified on 04 Aug 2025. was completed.
04 Aug 2025
Charges

Progress on A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101145817 was registered on 31 Jul 2025. was documented.
31 Jul 2025
Charges

A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 40.00 Cr with Charge ID 101108812 was registered on 20 May 2025. was recorded as a recent event.
20 May 2025
Charges

The activity A charge with Yes Bank Limited amounted to Rs. 30.00 Cr with Charge ID 101047835 was registered on 30 Jan 2025. was completed.
30 Jan 2025
Charges

The activity A charge with Axis Bank Limited amounted to Rs. 45.00 Cr with Charge ID 101052836 was registered on 03 Jan 2025. was completed.
03 Jan 2025
Annual General Meeting

Progress on Cultsport Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024

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