About Diverse Retails Private Limited
Data last updated: 11 February 2026
Diverse Retails Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in sports equipment retail and distribution, a part of the broader consumer goods sector. Incorporated on 15 December 2016, the company has been in operation for over 10 years.
Registered with ROC Bangalore under CIN U74999KA2016PTC098488.
Capital: an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.69 Lakh. It is led by directors Devangam Nagaraju Kishore Kumar and Prabhakar Sunder.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 112 Akr Techpark, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹288.68 Cr, a growth of 3.18% compared to the previous year.
The company has a workforce of approximately 100 employees as per the latest available data.
The company is associated with 4 brands - Cultsport, Sugarfit, Azani, Cult.Fit. As per MCA filings, the company has satisfied charges of ₹90 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cult.fit.
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Registered AddressBhive Workspace No. 112 Akr Techpark A Block 7Th Mile Hosur Road Krishna Reddy Indus, Trial Area, Bangalore, Karnataka, India – 560068
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IndustryConsumer Goods, Sports Equipment Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Diverse Retails Private Limited
Diverse Retails Private Limited operates multiple associated brands including Cultsport, Sugarfit, and Azani. These brands represent Diverse Retails Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Online platform selling sportswear, fitness equipment, and accessories for workouts. | cultsport.com | |
| Diabetes care and reversal programs are provided to patients. | sugarfit.com | |
| Beauty and nutrition products are offered via an internet-first model. | azanicare.com | |
| Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | cult.fit |
Competitors & Alternatives of Diverse Retails Private Limited
Brands and companies operating in the same space as Diverse Retails Private Limited include MyGlamm, Kapiva, BeatO and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
MyGlamm
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Online platform selling beauty products, makeup, skincare, and cosmetics in India. | Mumbai, India, India | 2015 |
Kapiva
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Ayurvedic healthcare and nutritional products are provided by Kapiva. | Bengaluru, India, India | 2016 |
BeatO
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Smartphone-enabled glucometers and diabetes management apps are provided. | Delhi, India, India | 2015 |
Mamaearth
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Online brand offering multi-category natural skin care and makeup products | Gurugram, India, India | 2016 |
HealthifyMe
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AI-powered personalized nutrition and fitness coaching is provided. | Bengaluru, India, India | 2012 |
Deconstruct
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Multi-category skincare products are offered through an online platform. | Bengaluru, India, India | 2020 |
Minimalist
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Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns | Jaipur, India, India | 2018 |
Goqii
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Provider of a wearable wristband integrated with personalized coaching | Redwood City, United States, United States | 2014 |
Plum
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Vegan skincare, haircare, and body care products are provided. | Thane, India, India | 2013 |
WOW Skin Science
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Organic beauty products are offered by an internet-first brand. | Bengaluru, India, India | 2014 |
Business Activity of Diverse Retails Private Limited
Diverse Retails Private Limited operates primarily in the trade sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
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| Locked | Trade | Locked | Retail Trading | Locked |
Detailed business activity records for Diverse Retails Private Limited
Activity codes and turnover contribution percentages require an active report plan.
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Verified entity values are shown only after access is granted.
Auditor Details of Diverse Retails Private Limited
Diverse Retails Private Limited is audited by AKK & Associates for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| AKK & Associates | Locked | Locked | Locked |
Complete auditor history for Diverse Retails Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Diverse Retails Private Limited
Diverse Retails Private Limited is currently managed by 2 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devangam Nagaraju Kishore Kumar | Director | 15 Dec 2016 | 9 Years 8 Months | Current |
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Prabhakar Sunder
Also directs:
Tannin Beverages Private Limited
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Director | 26 Jun 2023 | 3 Years 1 Months | Current |
Financials of Diverse Retails Private Limited FY 2025 filings available
Diverse Retails Private Limited reported revenue of ₹288.68 Cr (up 3.18% YoY) for FY 2025.
Ten-year financial statements for Diverse Retails Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Diverse Retails Private Limited
Shareholding and ownership data for Diverse Retails Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Diverse Retails Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2021 | Axis Bank Limited | ₹90 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Diverse Retails Private Limited
Diverse Retails Private Limited has a workforce of 100 employees as of Feb 11, 2026.
Employee and EPFO history for Diverse Retails Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Diverse Retails Private Limited
GST registrations and filing compliance for Diverse Retails Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Diverse Retails Private Limited
Credit ratings, litigation, and regulatory alerts for Diverse Retails Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Diverse Retails Private Limited
MSME payment history for Diverse Retails Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Diverse Retails Private Limited
Corporate group structure for Diverse Retails Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Diverse Retails Private Limited
MCA filings and documents for Diverse Retails Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Diverse Retails Private Limited
Recent News on Diverse Retails Private Limited
Frequently Asked Questions about Diverse Retails Private Limited
Diverse Retails Private Limited is an active private limited company in the consumer goods sector based in Bangalore, Karnataka, India. It was incorporated on 15 December 2016 (10+ years old) and is registered under CIN U74999KA2016PTC098488. The company has 100 employees.
Diverse Retails Private Limited reported revenue of ₹288.68 Cr for FY 2025 (up 3.18% YoY).
The current directors of Diverse Retails Private Limited are:
- Devangam Nagaraju Kishore Kumar - Director
- Prabhakar Sunder - Director
The primary industry of Diverse Retails Private Limited is consumer goods. The company specifically operates in sports equipment retail and distribution. The company is currently active in this sector.
Diverse Retails Private Limited can be reached at the registered office: Bhive Workspace No. 112 Akr Techpark A Block 7Th Mile Hosur Road Krishna Reddy Indus, Trial Area, Bangalore, Karnataka, India – 560068, or through the website cult.fit.
The authorised capital is ₹20 Lakh, and the paid-up capital is ₹9.69 Lakh.