Festo India Private Limited - Company Profile

Q: Who are the current directors of Festo India Private Limited?

The current directors of Festo India Private Limited are Rashmikant Joshi, Sebastian Mathias Beck, Piyushkumar Jayantilal Shah, Sudarsan Varadaraj, Ravi Krishna Sastry, Varadharajan Mohankumar.

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 1986.

1986 Bangalore, Karnataka, India Active

Last Updated: December 21, 2025

Access Report

About Festo India Private Limited

Festo India Private Limited, a active private limited company, was established on 03 February 1986 in Bangalore, Karnataka, India. Engaging in electronic components & equipment manufacturing within the manufacturing sector, it holds CIN: U29220KA1986PTC007449. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹2.75 Cr.

Formerly known as Festo Controls Limited, Festo Controls Private Limited. It upholds a compliant status. Employing 699 professional, Its leadership includes Rashmikant Joshi (Managing Director), Sebastian Mathias Beck (Director), Piyushkumar Jayantilal Shah (Whole-Time Director). Past directors included Ulrich Friedrich Walker, Michael Molleken, Ashok Koipurathu Kizhakathil. It holds no open charges and ₹5.45 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.237B, Bommasandra Indl. Area, Anekal Taluk,, Bangalore, Karnataka, 560099.

Company Details

CIN/LLPIN
U29220KA1986PTC007449
Registration Number
007449
Incorporation Date
03 February 1986
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹2.75 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 21-12-2025
Paid Up Capital ₹ 2.75 Cr as on 21-12-2025
Company Age 40 Year, 19 Days
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 5.45 Cr as on 21-12-2025
Revenue Growth **** 35.64% (FY 2022)
Profit Growth **** 98.69% (FY 2022)
Ebitda **** 71.29% (FY 2022)
Net Worth 7.34% (FY 2022)
Total Assets **** 6.91% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Festo India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Festo India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rashmikant Joshi	Managing Director	01 Apr 2002	Current
Sebastian Mathias Beck	Director	05 Jun 2017	Current
Piyushkumar Jayantilal Shah	Whole-Time Director	15 Oct 2020	Current
Sudarsan Varadaraj	Director	16 Apr 2000	Current
Ravi Krishna Sastry	Managing Director	01 Apr 2025	Current
Varadharajan Mohankumar	Whole-Time Director	13 Jan 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	31 Mar 2010	Past
Pramod Abcsdd	Additional Director	29 Sep 2010	Past
Pramod Abcsdd	Managing Director	30 Apr 2019	Past
Pramod Abcsdd	Director	01 Dec 2016	Past
Pramod Abcsdd	Managing Director	31 Mar 2019	Past
Pramod Abcsdd	Director	28 Nov 2016	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Festo India.

Festo India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.64% increase. The company also saw a substantial improvement in profitability, with a 98.69% increase in profit. The company's net worth moved up by a moderate rise of 7.34%.

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

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

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

********

35.64%

*******

Revenue from Operations

*******

35.53%

*******

Total Assets

*******

6.91%

*******

Profit or Loss

*******

98.69%

*******

Net Worth

*******

7.34%

*******

EBITDA

*******

71.29%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Festo India?

In 2023, Festo India 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)

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

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹54,500,000.00

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 4.50 Cr
The Vysya Bank Ltd : 0.95 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Aug 2015	The Hongkong And Shanghai Banking Corporation Limited	₹4.50 Cr	Satisfied
06 Feb 1992	The Vysya Bank Ltd	₹6.00 M	Satisfied
27 Jan 1989	The Vysya Bank Ltd	₹0.30 M	Satisfied
27 Feb 1987	The Vysya Bank Ltd	₹2.20 M	Satisfied
04 Jul 1986	The Vysya Bank Ltd	₹1.00 M	Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Festo India?

Festo India has a workforce of 699 employees as of Aug 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Festo India, 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 Festo India's trajectory.

Rating

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

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Festo India

Recent Activity within the Organization

Annual General Meeting

The activity Festo India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Director Appointment

The activity Ravi Krishna Sastry was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2025 & has been associated with this company since 10 months 23 days . was completed.
01 Apr 2025
Balance Sheet

The activity Festo India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

Varadharajan Mohankumar was appointed as a Whole-time director was appointed as a Whole-time director on 13 Jan 2025 & has been associated with this company since 1 year 1 month . was recorded as a recent event.
13 Jan 2025
Charges

A charge registered on 26 Aug 2015 via Charge ID 10590920 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 08 Sep 2022. was recorded as a recent event.
08 Sep 2022
Director Appointment

Piyushkumar Jayantilal Shah was appointed as a Whole-time director was appointed as a Whole-time director on 15 Oct 2020 & has been associated with this company since 5 years 4 months . was recorded as a recent event.
15 Oct 2020

Explore recent activity and updates - View Recent Activity