Startup India Government of India
Fitmat Smart Solutions Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.02 Cr
▲ 17% YoY
Net loss · FY 2025
₹18.82 Lakh
Net margin -18.5%
EBITDA · FY 2025
-₹15.53 Lakh
EBITDA margin -15.3%
Authorised capital
₹55 Lakh
Registered with MCA
Paid-up capital
₹50.68 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Fitmat Smart Solutions Private Limited
Data last updated:
Fitmat Smart Solutions Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Funday Fitness Pte, Singapore and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2019FTC183493. Its GSTIN is 27AADCF7067L1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹50.68 Lakh. It is led by directors Saurabh Kiran Kumar Bhansali and Vijaya Kirankumar Bhansali.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹18.82 Lakh (net margin -18.5%) and EBITDA of -₹15.53 Lakh (EBITDA margin -15.3%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years.
The company is associated with 1 brand: FitMat India.
Fitmat Smart Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0163046). For more details, the company can be reached via its website fitmat.in.
Company details
CIN U74999PN2019FTC183493
Registration Number 183493
Incorporation Date 12 April 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Funday Fitness Pte, Singapore
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0163046
Recognitions & Rankings of Fitmat Smart Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0163046
Contact details
Fitmat Smart Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is fitmat.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF.N.102 A.J. Recidency Opp. Chougule Dtc., Nr. Parvatihal, Pune, Maharashtra, India – 411009
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Fitmat Smart Solutions Private Limited, buy the company report.
Comprehensive company report
Fitmat Smart Solutions 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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Brands
Fitmat Smart Solutions operates one associated brand: FitMat India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells memory foam products online with free shipping in India. | fitmat.in |
Business activity
The main business activity of Fitmat Smart Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Fitmat Smart Solutions Private Limited, buy the company report.
Financials of Fitmat Smart Solutions Private Limited
FY 2025 filings availableFitmat Smart Solutions Private Limited reported revenue of ₹1.02 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹1.02 Cr ▲ 17%
Net loss · FY 2025
₹18.82 Lakh margin -18.5%
EBITDA · FY 2025
-₹15.53 Lakh margin -15.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 76%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 45%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 76% over three years, including 17% growth in the latest year. EBITDA rose 48% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.82 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.3% | ||||
| Net Profit Margin | -18.5% | ||||
| 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 Fitmat Smart Solutions Private Limited, buy the company report.
Board of directors of Fitmat Smart Solutions Private Limited
Fitmat Smart Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Kiran Kumar Bhansali Also directs: Kreeda Software Labs LLP | Director | 18 Aug 2022 | 4 Years 2 Months | Current |
| Vijaya Kirankumar Bhansali Also directs: Kreeda Software Labs LLP | Director | 26 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Fitmat Smart Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vepsun Technologies Private Limited | ₹1.02 Cr (FY 2021) | 462.0% | Bangalore, Karnataka, India | |||
| Asp Solu-Tech Private Limited | ₹1.02 Cr (FY 2017) | -55.0% | Vadodara, Gujarat, India | |||
| Into Media Private Limited | ₹1.02 Cr (FY 2024) | 17.0% | Thiruvananthapuram, Kerala, India | |||
| Angat Tech Private Limited | ₹1.02 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India | |||
| Street Surge Technologies Private Limited | ₹1.02 Cr (FY 2025) | 551.0% | Gurgaon, Haryana, India | |||
| Fitmat Smart Solutions Private Limitedthis company | ₹1.02 Cr (FY 2025) | -₹18.82 Lakh | -18.5% | 17.0% | Pune, Maharashtra, India | |
| Blue Diamond Infotech Private Limited | ₹1.02 Cr (FY 2025) | 128.0% | Thane, Maharashtra, India | |||
| Megatrend Knowledge Management Systems Private Limited | ₹1.01 Cr (FY 2025) | 23.0% | Kochi, Kerala, India | |||
| Techno Design Consultants (I) Private Limited | ₹1.01 Cr (FY 2024) | -7.0% | Mumbai, Maharashtra, India | |||
| Koinworx India Private Limited | ₹1.01 Cr (FY 2024) | 2.0% | Ghaziabad, Uttar Pradesh, India | |||
| Emarket Web Technologies Private Limited | ₹1.01 Cr (FY 2017) | 20.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Fitmat Smart Solutions Private Limited, buy the company report.
Auditor
Fitmat Smart Solutions Private Limited is audited by Sanyog V Lohiya & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanyog V Lohiya & Associates | FY 2023 | 154472W |
Shareholding
The shareholding of Fitmat Smart Solutions Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Fitmat Smart Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fitmat Smart Solutions 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 Fitmat Smart Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fitmat Smart Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF7067L1Z6 | Maharashtra | Active | 07 May 2019 |
To see the full GST registrations and return filing status of Fitmat Smart Solutions Private Limited, buy the company report.
Recent activity
Fitmat Smart Solutions Private Limited has 6 board changes on record since 2022: 2 appointments and 4 cessations. The latest: Vijaya Kirankumar Bhansali ceased to be Additional Director on 29 Sep 2024.
AGM
Fitmat Smart Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fitmat Smart Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Vijaya Kirankumar Bhansali ceased to be Additional Director.
Appointed
Vijaya Kirankumar Bhansali was appointed as Director.
Ceased
Anand Prakash Oswal ceased to be Managing Director.
Ceased
Ashok Raghunath Saraf ceased to be Director.
Ceased
Saurabh Kiran Kumar Bhansali ceased to be Additional Director.
Appointed
Saurabh Kiran Kumar Bhansali was appointed as Director.
Incorporation
12 Apr 2019
Fitmat Smart Solutions Private Limited was registered on 12 Apr 2019 with Roc Pune & aged 7 years 6 months as per MCA records.
Frequently asked questions
Fitmat Smart Solutions is an active foreign private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 April 2019 (7+ years old) and is registered under CIN U74999PN2019FTC183493.
Fitmat Smart Solutions has 2 current directors:
- Saurabh Kiran Kumar Bhansali - Director
- Vijaya Kirankumar Bhansali - Director
The latest financial statements of Fitmat Smart Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Fitmat Smart Solutions is 27AADCF7067L1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Fitmat Smart Solutions is U74999PN2019FTC183493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fitmat Smart Solutions was incorporated on 12 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Fitmat Smart Solutions by revenue are Vepsun Technologies Private Limited, Asp Solu-Tech Private Limited, Into Media Private Limited, Angat Tech Private Limited, Street Surge Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Vijaya Kirankumar Bhansali ceased to be Additional Director on 29 Sep 2024. Vijaya Kirankumar Bhansali was appointed as Director on 26 Mar 2024. Anand Prakash Oswal ceased to be Managing Director on 12 Dec 2023. Fitmat Smart Solutions has 6 board changes on record in total.
Yes, Fitmat Smart Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Fitmat Smart Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0163046).
Fitmat Smart Solutions can be reached through the website fitmat.in. Its registered office is in Pune, Maharashtra, India.
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