About Fitternity Health E-Solution Private Limited
Data last updated:
Fitternity Health E-Solution Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Curefit Healthcare Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wellness and healthcare centers segment of the travel and hospitality sector. It was incorporated on 16 September 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2013PTC164685. Its GSTIN is 29AACCF2715L1ZI (Karnataka). The company held 3 GST registrations, all of them active.
The company had an authorised share capital of ₹5.29 Cr and a paid-up capital of ₹4.97 Cr. It was led by directors Afaque Ahmed Khan (Whole-Time Director) and Mujtabha Khursheed Magrey.
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 was at Sector 3, Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.42 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹19.66 Cr (net margin -363%) and EBITDA of -₹11.08 Cr (EBITDA margin -204.6%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 20% over five years.
The company was associated with 1 brand: Fitternity. Court records list 1 case involving the company, including 1 filed by the company. The company has 17 deals on record (10 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹58.77 Cr; the latest was in March 2022.
The last known website on record is fitternity.com.
Company details
CIN history
Fitternity Health E-Solution has one previous CIN (Corporate Identification Number): U85300MH2013PTC248271. The current CIN is U85300KA2013PTC164685, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85300KA2013PTC164685 | Current |
| U85300MH2013PTC248271 | Previous |
Contact details
Fitternity Health E-Solution Private Limited's registered office is in Bangalore, Karnataka. Its website is fitternity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo. 17 17C Bda Sector 3 Hsr Layout, India, Bangalore, Karnataka, India – 560102
- IndustryTravel and Hospitality, Wellness & Healthcare Centers
To see the full contact details of Fitternity Health E-Solution Private Limited, buy the company report.
- 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
Brands
Fitternity Health E-Solution operates one associated brand: Fitternity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gym bookings, fitness articles, and wellness discussions are enabled online. | fitternity.com |
Financials of Fitternity Health E-Solution Private Limited
FY 2023 filings availableFitternity Health E-Solution Private Limited reported revenue of ₹5.42 Cr (up 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 19% growth in the latest year. EBITDA rose 44% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.66 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -204.6% | ||||
| Net Profit Margin | -363% | ||||
| 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 Fitternity Health E-Solution Private Limited, buy the company report.
Board of directors of Fitternity Health E-Solution Private Limited
Fitternity Health E-Solution has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mujtabha Khursheed Magrey Also directs: F2 Fun and Fitness (India) Private Limited, Curefit Services Private Limited, Cultfit Healthcare Private Limited and 4 more | Director | 15 Mar 2021 | 5 Years 7 Months | As last reported |
| Afaque Ahmed Khan | Whole-Time Director | 27 Oct 2023 | 2 Years 11 Months | As last reported |
Auditor
Fitternity Health E-Solution Private Limited is audited by AKK & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKK & Associates | FY 2023 | 013779S |
Shareholding
The shareholding of Fitternity Health E-Solution Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fitternity Health E-Solution Private Limited, buy the company report.
Deals & funding
Fitternity Health E-Solution Private Limited has 17 deals on record (10 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹58.77 Cr; the latest was in March 2022.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Cult.Fit Limited Seller: Sixth Sense Ventures, 3 individuals |
| May 2021 | Rights issue | ₹13.75 Cr | Investors: Cult.Fit Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Fitternity Capital Management LLP , 2 individuals Seller: The Patni Family Office, 3 individuals |
| Mar 2018 | Funding round | ₹5.25 Cr | Investors: BL Taparia Family Office, The Patni Family Office, 2 individuals |
| Jun 2017 | Funding round | ₹4.5 Cr | Investors: BL Taparia Family Office, 3 individuals |
To see the full deal history of Fitternity Health E-Solution Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fitternity Health E-Solution Private Limited has 1 court case on record: 1 filed by Fitternity Health E-Solution. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Fitternity Health E-Solution Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fitternity Health E-Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fitternity Health E-Solution has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF2715L1ZI | Karnataka | Active | 09 Oct 2019 |
| 27AACCF2715L1ZM | Maharashtra | Active | 01 Jul 2017 |
| 07AACCF2715L1ZO | Delhi | Active | 28 Oct 2019 |
To see the full GST registrations and return filing status of Fitternity Health E-Solution Private Limited, buy the company report.
Recent activity
Fitternity Health E-Solution Private Limited has 12 board changes on record since 2014: 2 appointments and 10 cessations. The latest: Afaque Ahmed Khan was appointed as Whole-Time Director on 27 Oct 2023.
3 earlier events are in the company report.
News
Frequently asked questions
Fitternity Health E-Solution has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Fitternity Health E-Solution was a private limited company based in Bangalore, Karnataka, India. The company worked in wellness and healthcare centers, within the travel and hospitality industry. It was incorporated on 16 September 2013 and is registered under CIN U85300KA2013PTC164685. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Fitternity Health E-Solution was incorporated on 16 September 2013. It is registered with the Registrar of Companies, Bangalore.
Fitternity Health E-Solution had 2 directors:
- Afaque Ahmed Khan - Whole-Time Director
- Mujtabha Khursheed Magrey - Director
The CIN (Corporate Identification Number) of Fitternity Health E-Solution is U85300KA2013PTC164685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Fitternity Health E-Solution is at No. 17 17C Bda Sector 3 Hsr Layout, India, Bangalore, Karnataka, India – 560102.
Fitternity Health E-Solution can be reached through the website fitternity.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Fitternity Health E-Solution 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 2015 are in the company report.
The GSTIN of Fitternity Health E-Solution is 29AACCF2715L1ZI, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AACCF2715L1ZM (Maharashtra), 07AACCF2715L1ZO (Delhi).
Fitternity Health E-Solution operated in the travel and hospitality industry, in the wellness and healthcare centers segment.