Startup India Government of India
Festum24 Technologies Private Limited
Festum24 Technologies Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11,773
▼ 33% YoY
Net loss · FY 2023
₹21,156
Net margin -179.7%
EBITDA · FY 2023
-₹5,384
EBITDA margin -45.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Festum24 Technologies Private Limited
Data last updated:
Festum24 Technologies Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55208DL2019PTC350462. Its GSTIN is 07AADCF7441E1ZT (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kishan Kumar and Sunit Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No Rz – 439/1D F/Floor Kh No 54/6/2 Raj Nagar Part II Palam Colony, New Delhi, Delhi, India – 110077.
As per the financials filed for FY 2023, the company reported a revenue of ₹11,773, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹21,156 (net margin -179.7%) and EBITDA of -₹5,384 (EBITDA margin -45.7%). Revenue has grown at a compounded annual rate (CAGR) of 392% over three years.
Company details
CIN U55208DL2019PTC350462
Registration Number 350462
Incorporation Date 24 May 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Key People
Kishan Kumar Director Sunit Kumar Director Recognitions & Rankings of Festum24 Technologies
Contact details
Festum24 Technologies Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No Rz – 439/1D F/Floor Kh No 54/6/2 Raj Nagar Part II Palam Colony, New Delhi, Delhi, India – 110077
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Festum24 Technologies Private Limited, buy the company report.
Comprehensive company report
Festum24 Technologies 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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Business activity
The main business activity of Festum24 Technologies is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Festum24 Technologies Private Limited, buy the company report.
Financials of Festum24 Technologies Private Limited
FY 2023 filings availableFestum24 Technologies Private Limited reported revenue of ₹11,773 (down 33% YoY) for FY 2023.
Revenue · FY 2023
₹11,773 ▼ 33%
Net loss · FY 2023
₹21,156 margin -179.7%
EBITDA · FY 2023
-₹5,384 margin -45.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 392%
EBITDA CAGR growth
3 years · compounded
▲ 63%
Revenue fell 33% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 392%. 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 |
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| EBITDA | -₹5,384 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹21,156 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -45.7% | |||
| Net Profit Margin | -179.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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To see the full financial statements and ratios of Festum24 Technologies Private Limited, buy the company report.
Board of directors of Festum24 Technologies Private Limited
Festum24 Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishan Kumar | Director | 24 May 2019 | 7 Years 5 Months | Current |
| Sunit Kumar Also directs: Happyu Mental Health Services Private Limited, Milaap Foundation | Director | 24 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Festum24 Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Beauty Green Farms Private Limited | ₹12,000 (FY 2024) | -20.0% | Chennai, Tamil Nadu, India | |||
| Indus Inbox Private Limited | ₹12,000 (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| Kamayani Hotels Private Limited | ₹12,000 (FY 2025) | -33.0% | Agra, Uttar Pradesh, India | |||
| QBT Projects Private Limited | ₹11,985 (FY 2024) | 4.0% | Mainpuri, Uttar Pradesh, India | |||
| Prominent Hospitals Private Limited | ₹11,842 (FY 2024) | -91.0% | Mumbai, Maharashtra, India | |||
| Festum24 Technologies Private Limitedthis company | ₹11,773 (FY 2023) | -₹21,156 | -179.7% | -33.0% | New Delhi, Delhi, India | |
| Dusland Resorts Private Limited | ₹11,720 (FY 2025) | Bhubaneswar, Odisha, India | ||||
| Orange Sky Entertainment Private Limited | ₹11,700 (FY 2024) | -73.0% | Indore, Madhya Pradesh, India | |||
| Sita Luxury Hotels Private Limited | ₹11,676 (FY 2020) | -100.0% | New Delhi, Delhi, India | |||
| Bhopalgarh Resorts Pvt. Ltd | ₹11,575 (FY 2025) | -98.0% | Road, Udaipur, Rajasthan, India | |||
| Hotel S. Narayan Limited | ₹11,508 (FY 2022) | -28.0% | Uttar Pradesh, India |
To see the full peer comparison of Festum24 Technologies Private Limited, buy the company report.
Auditor
Festum24 Technologies Private Limited is audited by JAGGI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGGI & ASSOCIATES | FY 2021 | 032159N |
Shareholding
The shareholding of Festum24 Technologies Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Festum24 Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Festum24 Technologies 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 Festum24 Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Festum24 Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCF7441E1ZT | Delhi | Active | 07 Jun 2019 |
To see the full GST registrations and return filing status of Festum24 Technologies Private Limited, buy the company report.
Recent activity
Festum24 Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kishan Kumar was appointed as Director on 24 May 2019.
AGM
Festum24 Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Festum24 Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi I.
Appointed
Kishan Kumar was appointed as Director.
Appointed
Sunit Kumar was appointed as Director.
Incorporation
24 May 2019
Festum24 Technologies Private Limited was registered on 24 May 2019 with Roc Delhi I & aged 7 years 5 months as per MCA records.
Frequently asked questions
Festum24 Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 May 2019 (7+ years old) and is registered under CIN U55208DL2019PTC350462.
Festum24 Technologies has 2 current directors:
- Kishan Kumar - Director
- Sunit Kumar - Director
The latest financial statements of Festum24 Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Festum24 Technologies is 07AADCF7441E1ZT, registered in Delhi.
The CIN (Corporate Identification Number) of Festum24 Technologies is U55208DL2019PTC350462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Festum24 Technologies was incorporated on 24 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Festum24 Technologies by revenue are Beauty Green Farms Private Limited, Indus Inbox Private Limited, Kamayani Hotels Private Limited, QBT Projects Private Limited, Prominent Hospitals Private Limited and 5 more, all in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Kishan Kumar was appointed as Director on 24 May 2019. Sunit Kumar was appointed as Director on 24 May 2019.
Yes, Festum24 Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Festum24 Technologies is at Plot No Rz – 4391D FFloor Kh No 5462 Raj Nagar Part II Palam Colony, New Delhi, Delhi, India – 110077.
Festum24 Technologies operates in the information technology industry, in the IT consulting and support services segment.