DPIIT recognised startup Government of India
Startup India
Faresplit Ride Private Limited
Faresplit Ride Private Limited - transport and logistics in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹7.76 Lakh
▲ 39% YoY
Net loss · FY 2023
₹3,462
Net margin -0.4%
EBITDA · FY 2023
₹1,538
EBITDA margin 0.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Faresplit Ride Private Limited
Data last updated:
Faresplit Ride Private Limited is a private limited company based in Gurgaon, Haryana, India, recognised as a startup by DPIIT. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 17 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2018PTC075716.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Padma Devi Tulsyan and Pradip Kumar Tulsyan.
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 Block N 27/28 Sector 40 Gurugram, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.76 Lakh, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹3,462 (net margin -0.4%) and EBITDA of ₹1,538 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
Company details
CIN U72900HR2018PTC075716
Registration Number 075716
Incorporation Date 17 September 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Faresplit Ride
Contact details
Faresplit Ride Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock N 27/28 Sector 40 Gurugram, Gurgaon, Haryana, India – 122002
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Faresplit Ride Private Limited, buy the company report.
Comprehensive company report
Faresplit Ride 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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Financials of Faresplit Ride Private Limited
FY 2024 filings availableFaresplit Ride Private Limited reported revenue of ₹7.76 Lakh (up 39% YoY) for FY 2023.
Revenue · FY 2023
₹7.76 Lakh ▲ 39%
Net loss · FY 2023
₹3,462 margin -0.4%
EBITDA · FY 2023
₹1,538 margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 51%
Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 39% growth in the latest year. EBITDA fell 72% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.76 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,538 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3,462 | ||||
| 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 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -0.4% | ||||
| 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 Faresplit Ride Private Limited, buy the company report.
Board of directors of Faresplit Ride Private Limited
Faresplit Ride has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padma Devi Tulsyan | Director | 17 Sep 2018 | 8 Years 1 Months | Current |
| Pradip Kumar Tulsyan | Director | 17 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Faresplit Ride Private Limited is audited by V RUNGTA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V RUNGTA & CO | FY 2023 | 332843E |
Shareholding
The shareholding of Faresplit Ride 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 Faresplit Ride Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Faresplit Ride 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 Faresplit Ride Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Faresplit Ride Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Faresplit Ride Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Padma Devi Tulsyan was appointed as Director on 17 Sep 2018.
AGM
Faresplit Ride Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Faresplit Ride Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Padma Devi Tulsyan was appointed as Director.
Appointed
Pradip Kumar Tulsyan was appointed as Director.
Incorporation
17 Sep 2018
Faresplit Ride Private Limited was registered on 17 Sep 2018 with Roc Delhi & aged 8 years 1 month as per MCA records.
Frequently asked questions
Faresplit Ride is an active private limited company based in Gurgaon, Haryana, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 17 September 2018 (8+ years old) and is registered under CIN U72900HR2018PTC075716.
Faresplit Ride has 2 current directors:
- Padma Devi Tulsyan - Director
- Pradip Kumar Tulsyan - Director
The latest financial statements of Faresplit Ride 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Faresplit Ride is U72900HR2018PTC075716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Faresplit Ride was incorporated on 17 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Padma Devi Tulsyan was appointed as Director on 17 Sep 2018. Pradip Kumar Tulsyan was appointed as Director on 17 Sep 2018.
Yes, Faresplit Ride is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Faresplit Ride is at Block N 2728 Sector 40 Gurugram, Gurgaon, Haryana, India – 122002.
Faresplit Ride operates in the transport and logistics industry, in the ride-hailing services segment.
Faresplit Ride can be reached at its registered office: Block N 2728 Sector 40 Gurugram, Gurgaon, Haryana, India – 122002.
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