About Falca E-Solutions Private Limited
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Falca E-Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Palc Networks Private Limited. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 19 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC111332. Its GSTIN is 29AADCF3415A1Z5 (Karnataka). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3.7 Cr. It is led by directors Santoshkumar Halappa Danegoudar and Somasundaram Suganthan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 119 Epip Industrial Area Phase – 1 Hoodi Village K R Puram Hobli, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹368.72 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹15.01 Cr (net margin -4.1%) and EBITDA of -₹11.29 Cr (EBITDA margin -3.1%). Revenue has grown at a compounded annual rate (CAGR) of 159% over three years and 189% over five years.
The company has about 261 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FALCA. As per MCA filings, the company has open charges of ₹26.25 Cr and satisfied charges of ₹27.5 Cr on record. Court records list 24 cases involving the company, including 22 filed by the company and 2 filed against it; 5 cases are pending. The company has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹10.91 Cr; the latest was in September 2022. The company has 5 MSME Form 1 returns on record between 2022 and 2024, listing 314 overdue payments to 20 micro and small suppliers.
For more details, the company can be reached via its website falcasolutions.com.
Company details
Contact details
Falca E-Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is falcasolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address119 Epip Industrial Area Phase – 1 Hoodi Village K R Puram Hobli, Bangalore, Karnataka, India – 560066
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Falca E-Solutions Private Limited, buy the company report.
- 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
Brands
Falca E-Solutions operates one associated brand: FALCA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Farm produce is sold via an online marketplace platform. | falcasolutions.com |
Business activity
The main business activities of Falca E-Solutions are professional, scientific and technical and trade. In detail, this covers other professional, scientific and technical activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Falca E-Solutions Private Limited, buy the company report.
Financials of Falca E-Solutions Private Limited
FY 2024 filings availableFalca E-Solutions Private Limited reported revenue of ₹368.72 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 189% over five years, including 27% growth in the latest year. EBITDA fell 222% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹11.29 Cr | ||||
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| Net Profit (PAT) | -₹15.01 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.1% | ||||
| Net Profit Margin | -4.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Falca E-Solutions Private Limited, buy the company report.
Board of directors of Falca E-Solutions Private Limited
Falca E-Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santoshkumar Halappa Danegoudar Also directs: Falca R-Solutions Private Limited | Director | 29 Aug 2018 | 8 Years 2 Months | Current |
| Somasundaram Suganthan Also directs: Falca R-Solutions Private Limited | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Falca E-Solutions Private Limited is audited by THANED AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THANED AND ASSOCIATES | FY 2023 | 014856S |
Shareholding
The shareholding of Falca E-Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Falca E-Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101017869 | Others | ₹17 Cr | Open | |
| 31 Oct 2023 | 100810270 | State Bank of India | ₹4.95 Cr | Open | |
| 16 Mar 2023 | 100708520 | Others | ₹17.8 Lakh | Open | |
| 27 Oct 2021 | 100525822 | Hdfc Bank Limited | ₹11.5 Lakh | Open | |
| 21 Oct 2021 | 100507500 | Others | ₹4 Cr | Open |
To see the full charge records of Falca E-Solutions Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Falca E-Solutions Private Limited has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹10.91 Cr; the latest was in September 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round · Pre-Series A | ₹10.91 Cr | Investors: Inflection Point Ventures, LVX (LetsVenture), Besseggen Infotech LLP , an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Enview Technologies LLP Seller: an individual |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Palc Networks Private Limited |
| Mar 2019 | Rights issue | ₹66.2 Lakh | Investors: Palc Networks Private Limited , 2 individuals |
To see the full deal history of Falca E-Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Falca E-Solutions Private Limited has 24 court cases on record: 22 filed by Falca E-Solutions, 2 filed against it. 5 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 1 | 4 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S P V Sons Corn Milling Company Pvt Ltd and 1 other | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against M/S Labhanshi Multitrade Pvt Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against M/S Labhanshi Multitrade Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against Sethi Agritech Pvt Ltd Rep by Asha Sethi | Disposed |
To see the full case history of Falca E-Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Falca E-Solutions Private Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 314 overdue payments to 20 micro and small suppliers. 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 (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Modish Tractoraurkisan Private Limited | |||
| Agrohaat Retail Private Limited | |||
| Krushna Godavari Kbbuvvss Ltd | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Falca E-Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Falca E-Solutions Private Limited has a workforce of 261 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Falca E-Solutions has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF3415A1Z5 | Karnataka | Active | 28 Jun 2018 |
| 27AADCF3415A1Z9 | Maharashtra | Active | 30 Sep 2021 |
| 33AADCF3415A1ZG | Tamil Nadu | Active | 07 May 2022 |
| 23AADCF3415A1ZH | Madhya Pradesh | Active | 29 Oct 2022 |
To see the full GST registrations and return filing status of Falca E-Solutions Private Limited, buy the company report.
Recent activity
Falca E-Solutions Private Limited has 10 board changes on record since 2018: 6 appointments and 4 cessations. The latest: Amaresh Devaramani ceased to be Director on 01 Oct 2024.
25 earlier events are in the company report.
Frequently asked questions
Falca E-Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 19 March 2018 (8+ years old) and is registered under CIN U74999KA2018PTC111332.
Falca E-Solutions has 2 current directors:
- Santoshkumar Halappa Danegoudar - Director
- Somasundaram Suganthan - Director
The latest financial statements of Falca E-Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Falca E-Solutions is 29AADCF3415A1Z5, registered in Karnataka. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 27AADCF3415A1Z9 (Maharashtra), 33AADCF3415A1ZG (Tamil Nadu), 23AADCF3415A1ZH (Madhya Pradesh).
The CIN (Corporate Identification Number) of Falca E-Solutions is U74999KA2018PTC111332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Falca E-Solutions has 24 court cases on record: 22 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Falca E-Solutions was incorporated on 19 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Falca E-Solutions has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹10.91 Cr; the latest was in September 2022.
Amaresh Devaramani ceased to be Director on 01 Oct 2024. Kingston Smiler ceased to be Director on 24 Jun 2022. Somasundaram Suganthan was appointed as Director on 20 Jun 2022. Falca E-Solutions has 10 board changes on record in total.
Falca E-Solutions has 5 MSME Form 1 returns on record between 2022 and 2024, listing 314 overdue payments to 20 micro and small suppliers. The latest return was filed on 06 May 2024.
Falca E-Solutions can be reached through the website falcasolutions.com. Its registered office is in Bangalore, Karnataka, India.
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