Festino Commerce Pvt Ltd - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1991.
1991 Bangalore, Karnataka, India Active
Last Updated:
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About Festino Commerce Pvt Ltd

Festino Commerce Pvt Ltd, a active private limited company, was established on 26 June 1991 in Bangalore, Karnataka, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65921KA1991PTC046700. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.06 Cr.

It upholds a compliant status. Its leadership includes Mayank Jain (Director), Naveen Kumar Saraogi (Director). Past directors included Dinesh Kumar Agarwal, Anand Kumar Jain, Abhishek Sharad. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Flat No.1102, Pride Regalia No.80/3, Hulimavu, Bannerghatta Road, Bangalore, Karnataka, 560076.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65921KA1991PTC046700

  • Registration Number

    046700

  • Incorporation Date

    26 June 1991

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.06 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.06 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -0.86%
  • Profit Growth **** -28.28%
  • Ebitda **** -2.79%
  • Net Worth 0.20%
  • Total Assets -13.86%
Company report

Festino Commerce Pvt Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Festino Commerce Pvt Ltd — 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 Festino Commerce Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Mayank Jain Director 29 May 2007 Current
Naveen Kumar Saraogi Director 29 May 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 24 Dec 2008 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Director 24 Dec 2008 Past

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Financial Performance of Festino Commerce.

Festino Commerce Pvt Ltd, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.86% decrease. The company also saw a substantial fall in profitability, with a 28.28% decrease in profit. The company's net worth moved up by a moderate rise of 0.2%.

Festino Commerce revenue growth over time
Festino Commerce profit and loss trends over time
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
  • 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
********
 -0.86%
*******
*******
*******
*******
Revenue from Operations
*******
 -0.70%
*******
*******
*******
*******
Total Assets
*******
 -13.86%
*******
*******
*******
*******
Profit or Loss
*******
 -28.28%
*******
*******
*******
*******
Net Worth
*******
 0.20%
*******
*******
*******
*******
EBITDA
*******
 -2.79%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Festino Commerce?

In 2021, Festino Commerce had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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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How Many Employees Work at Festino Commerce?

Unlock and access historical data on people associated with Festino Commerce, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Festino Commerce, 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 Festino Commerce's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Festino Commerce
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Festino Commerce Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Festino Commerce Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    Progress on Mayank Jain was appointed as a Director was appointed as a Director on 29 May 2007 & has been associated with this company since 18 years 10 months . was documented.

  • Director Appointment

    The activity Naveen Kumar Saraogi was appointed as a Director was appointed as a Director on 29 May 2007 & has been associated with this company since 18 years 10 months . was completed.

  • Company Incorporation

    Progress on Festino Commerce Pvt Ltd was registered on 26 Jun 1991 with Roc Bangalore & aged 34 years 9 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Festino Commerce Pvt Ltd?

The CIN of Festino Commerce Pvt Ltd is U65921KA1991PTC046700.

Where is Festino Commerce Pvt Ltd headquartered?

Festino Commerce Pvt Ltd is headquartered at Flat No.1102, Pride Regalia No.80/3, Hulimavu, Bannerghatta Road, Bangalore, Karnataka, 560076.

When was Festino Commerce Pvt Ltd incorporated?

Festino Commerce Pvt Ltd was incorporated on 26 June 1991.

Who are the current directors of Festino Commerce Pvt Ltd?

The current directors of Festino Commerce Pvt Ltd are

What is the primary industry of Festino Commerce Pvt Ltd?

The primary industry of Festino Commerce Pvt Ltd is Financial And Insurance Service.

Is Festino Commerce Pvt Ltd a listed company?

Festino Commerce Pvt Ltd is unlisted.

What is the capital structure of Festino Commerce Pvt Ltd?

The authorized capital of Festino Commerce Pvt Ltd is ₹2.50 Cr, and the paid-up capital is ₹2.06 Cr.

What is the compliance status of Festino Commerce Pvt Ltd?

The compliance status of Festino Commerce Pvt Ltd is Compliant.

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