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Factory One Private Limited - information technology in Ghaziabad, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.68 Cr
▲ 4142% YoY
Net loss · FY 2023
₹29.19 Lakh
Net margin -17.4%
EBITDA · FY 2023
-₹38.16 Lakh
EBITDA margin -22.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.73 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
3
Provident fund records
Directors on board
3
As per MCA filings
About Factory One Private Limited
Data last updated:
Factory One Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India, recognised as a startup by DPIIT. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 May 2021.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U72900UP2021PTC145917. Its GSTIN is 09AAECF5535A1ZX (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.73 Lakh. It is led by directors including Vatsal Rustagi and Bikash Dash.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B – 229 Ramprastha, Ghaziabad, Uttar Pradesh, India – 201011.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹29.19 Lakh (net margin -17.4%) and EBITDA of -₹38.16 Lakh (EBITDA margin -22.7%).
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FactoryPlus. The company has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹3.6 Cr; the latest was in November 2023. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Rizvis International Private Limited (OPC) with revenue of ₹1.68 Cr.
The last known website on record is factoryplus.in.
Company details
CIN U72900UP2021PTC145917
Registration Number 145917
Incorporation Date 05 May 2021
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Factory One
Contact details
Factory One Private Limited's registered office is in Ghaziabad, Uttar Pradesh. Its website is factoryplus.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 229 Ramprastha, Ghaziabad, Uttar Pradesh, India – 201011
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Factory One Private Limited, buy the company report.
Comprehensive company report
Factory One 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
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Brands
Factory One operates one associated brand: FactoryPlus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based factory management software is offered for manufacturers. | factoryplus.in |
Business activity
The main business activity of Factory One is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Factory One Private Limited, buy the company report.
Financials of Factory One Private Limited
FY 2023 filings availableFactory One Private Limited reported revenue of ₹1.68 Cr (up 4142% YoY) for FY 2023.
Revenue · FY 2023
₹1.68 Cr ▲ 4142%
Net loss · FY 2023
₹29.19 Lakh margin -17.4%
EBITDA · FY 2023
-₹38.16 Lakh margin -22.7%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.68 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹38.16 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹29.19 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
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -22.7% | |
| Net Profit Margin | -17.4% | |
| 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 Factory One Private Limited, buy the company report.
Board of directors of Factory One Private Limited
Factory One has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vatsal Rustagi | Director | 05 May 2021 | 5 Years 6 Months | As last reported |
| Bikash Dash Also directs: Paper Reach Private Limited | Director | 05 May 2021 | 5 Years 6 Months | As last reported |
| Sparsh Koyarala | Director | 05 May 2021 | 5 Years 6 Months | As last reported |
Peer comparison
Factory One 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rizvis International Private Limited (OPC) | ₹1.68 Cr (FY 2017) | 200.0% | Noida, Uttar Pradesh, India | |||
| Cognitive Health Technologies Private Limited | ₹1.68 Cr (FY 2025) | 7009.0% | Zirakpur, Punjab, India | |||
| Love Home Realty Limited | ₹1.68 Cr (FY 2024) | -12.0% | Jaipur, Rajasthan, India | |||
| BSRK Sea Foods Private Limited | ₹1.68 Cr (FY 2020) | 68.0% | Palakol, Andhra Pradesh, India | |||
| Vishant Steels Private Limited | ₹1.68 Cr (FY 2025) | 105.0% | Palakkad, Kerala, India | |||
| Factory One Private Limitedthis company | ₹1.68 Cr (FY 2023) | -₹29.19 Lakh | -17.4% | 4142.0% | 3 | Ghaziabad, Uttar Pradesh, India |
| Gunal Foods Private Limited | ₹1.68 Cr (FY 2017) | 30.0% | Hyderabad, Telangana, India | |||
| Shri Shakambari Ferrous Private Limited | ₹1.68 Cr (FY 2022) | 122.0% | Jabalpur, Madhya Pradesh, India | |||
| Techniland Info Systems Private Limited | ₹1.68 Cr (FY 2025) | -49.0% | Singavatnam, Telangana, India | |||
| Biggsaver Consumertech Private Limited | ₹1.68 Cr (FY 2024) | 99.0% | Chennai, Tamil Nadu, India | |||
| Duars Ply Place Private Limited | ₹1.68 Cr (FY 2025) | -3.0% | Shibpur, West Bengal, India |
To see the full peer comparison of Factory One Private Limited, buy the company report.
Auditor
Factory One Private Limited is audited by JAIN & SINGH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN & SINGH | FY 2023 | 029212N |
Shareholding
The shareholding of Factory One 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 category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Factory One Private Limited, buy the company report.
Deals & funding
Factory One Private Limited has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹3.6 Cr; the latest was in November 2023.
Total deals
2
Funding round
1
Acquisition
1
Disclosed funding
₹3.6 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Acquisition | Undisclosed | Buyer: Smartpaddle Technology Private Limited Seller: Factory One Private Limited |
| Sep 2021 | Funding round | ₹3.6 Cr | Investors: Angel List, Better Capital, Titan Capital |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Factory One Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Factory One Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Factory One Private Limited has a workforce of 3 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-72.73%
GST
Factory One has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECF5535A1ZX | Uttar Pradesh | Active | 03 Jun 2021 |
To see the full GST registrations and return filing status of Factory One Private Limited, buy the company report.
Recent activity
Factory One Private Limited has 7 board changes on record since 2021: 4 appointments and 3 cessations. The latest: Anil Rustgi was appointed as Irp/Rp/Liquidator on 03 May 2024.
Appointed
Anil Rustgi was appointed as Irp/Rp/Liquidator.
AGM
Factory One Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Ceased
Bikash Dash ceased to be Director.
Ceased
Sparsh Koyarala ceased to be Director.
Ceased
Vatsal Rustagi ceased to be Director.
Filing
Factory One Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttar Pradesh Ii.
Appointed
Bikash Dash was appointed as Director.
Appointed
Sparsh Koyarala was appointed as Director.
Appointed
Vatsal Rustagi was appointed as Director.
Incorporation
05 May 2021
Factory One Private Limited was registered on 05 May 2021 with Roc Uttar Pradesh Ii & aged 5 years 6 months as per MCA records.
Frequently asked questions
Factory One is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Factory One is a company under liquidation, formerly operating as a private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 May 2021 and is registered under CIN U72900UP2021PTC145917. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Factory One has 3 current directors:
- Vatsal Rustagi - Director
- Bikash Dash - Director
- Sparsh Koyarala - Director
The latest financial statements of Factory One on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Factory One is U72900UP2021PTC145917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Factory One was incorporated on 05 May 2021. It is registered with the Registrar of Companies, Uttar Pradesh.
Factory One has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹3.6 Cr; the latest was in November 2023.
The peers of Factory One by revenue are Rizvis International Private Limited (OPC), Cognitive Health Technologies Private Limited, Love Home Realty Limited, BSRK Sea Foods Private Limited, Vishant Steels Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Anil Rustgi was appointed as Irp/Rp/Liquidator on 03 May 2024. Bikash Dash ceased to be Director on 31 Jul 2023. Sparsh Koyarala ceased to be Director on 31 Jul 2023. Factory One has 7 board changes on record in total.
Yes, Factory One is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Factory One can be reached through the website factoryplus.in. Its registered office is in Ghaziabad, Uttar Pradesh, India.
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