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 of Festum24 Technologies Private Limited
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
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- 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
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Business Activity of Festum24 Technologies Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Festum24 Technologies Private Limited FY 2023 filings available
Festum24 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) of Festum24 Technologies Private Limited
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 of Festum24 Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹5,384 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21,156 | •••• | •••• | •••• |
| 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 of Festum24 Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Festum24 Technologies are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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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 4 Months | Current |
| Sunit Kumar Also directs: Happyu Mental Health Services Private Limited, Milaap Foundation | Director | 24 May 2019 | 7 Years 4 Months | Current |
Peer Comparison of Festum24 Technologies Private Limited
Festum24 Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.). Net profit, margin and employee counts of each company are in the company report.
| 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 Limited this company | ₹11,773 (FY 2023) | •••• | •••• | -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 |
Peers are the five companies nearest above and the five nearest below Festum24 Technologies 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. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Festum24 Technologies Private Limited
Festum24 Technologies Private Limited is audited by JAGGI & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAGGI & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Festum24 Technologies Private Limited
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Charges & Borrowings of Festum24 Technologies Private Limited
Festum24 Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Festum24 Technologies Private Limited
Employment history and EPFO contributions of people linked to Festum24 Technologies.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Festum24 Technologies Private Limited
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 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Festum24 Technologies Private Limited
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MSME Payment Delays by Festum24 Technologies Private Limited
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Subsidiaries & Group Companies of Festum24 Technologies Private Limited
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GST Compliance of Festum24 Technologies Private Limited
Festum24 Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCF7441E1ZT | Delhi | Active | 07 Jun 2019 |
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MCA Filings & Documents of Festum24 Technologies Private Limited
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Frequently Asked Questions about Festum24 Technologies Private Limited
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 reported revenue of ₹11,773 for FY 2023 (down 33% YoY).
Festum24 Technologies has 2 current directors:
- Kishan Kumar - Director
- Sunit Kumar - Director
Festum24 Technologies reported a net loss of ₹21,156 (net margin -179.7%) and EBITDA of -₹5,384 (EBITDA margin -45.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Festum24 Technologies is 392% over three years. In the latest year (FY 2023) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
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).