Flathead Designs Private Limited

Flathead Designs Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U52609KA2018PTC118626 Incorporated 19 November 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company e-commerce DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹4.74 Lakh
▼ 97% YoY
Net loss · FY 2024
₹2.79 Lakh
Net margin -58.8%
EBITDA · FY 2024
-₹2.65 Lakh
EBITDA margin -55.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.49 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
GST registrations
3
None active

About Flathead Designs Private Limited

Data last updated:

Flathead Designs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 19 November 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52609KA2018PTC118626. The company has 3 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.49 Lakh. It is led by directors Durga Madhab Dash and Ganesh Balakrishnan.

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 Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.74 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹2.79 Lakh (net margin -58.8%) and EBITDA of -₹2.65 Lakh (EBITDA margin -55.9%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.

The company is associated with 1 brand: Flatheads. The company has 9 deals on record (8 funding rounds, 1 acquisition), with disclosed funding of ₹10.6 Cr; the latest was in July 2023.

Flathead Designs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0046380). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flatheads.in.

Company details

CIN U52609KA2018PTC118626
Registration Number 118626
Incorporation Date 19 November 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0046380
Key People
Durga Madhab Dash Director Ganesh Balakrishnan Director

Recognitions & Rankings of Flathead Designs

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0046380

Contact details

Flathead Designs Private Limited's registered office is in Bangalore, Karnataka. Its website is flatheads.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    flatheads.in
  • Social Media
  • Registered Address
    2022 Sobha Dahlia, Green Glen Layout, Bangalore, Karnataka, India – 560103
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Flathead Designs Private Limited, buy the company report.

Comprehensive company report
Flathead Designs 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

Flathead Designs operates one associated brand: Flatheads. Each brand links to its own profile.

BrandDescriptionWebsite
Flatheads
Casual shoes and accessories are offered by an internet-first brand.flatheads.in

Business activity

The main business activity of Flathead Designs is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Flathead Designs Private Limited, buy the company report.

Financials of Flathead Designs Private Limited

FY 2025 filings available

Flathead Designs Private Limited reported revenue of ₹4.74 Lakh (down 97% YoY) for FY 2024.

Revenue · FY 2024
₹4.74 Lakh ▼ 97%
Net loss · FY 2024
₹2.79 Lakh margin -58.8%
EBITDA · FY 2024
-₹2.65 Lakh margin -55.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 69%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 76%
5 years · compounded
▲ 3%

Revenue has declined at a compounded annual rate (CAGR) of 69% over three years, including a 97% fall in the latest year. EBITDA rose 99% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹2.65 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.79 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-55.9%
Net Profit Margin-58.8%
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 Flathead Designs Private Limited, buy the company report.

Board of directors of Flathead Designs Private Limited

Flathead Designs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Durga Madhab Dash
Also directs: Zymrat Investors LLP, Suavedreams Needlework Attire India Private Limited, Senseenable Fashions India Private Limited and 2 more
Director10 Nov 20232 Years 11 MonthsCurrent
Ganesh BalakrishnanDirector19 Nov 20187 Years 11 MonthsCurrent
View all directors

Auditor

Flathead Designs Private Limited is audited by MANOJ KUMAR D & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MANOJ KUMAR D & ASSOCIATESFY 2023013987S

Shareholding

The shareholding of Flathead Designs 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Flathead Designs Private Limited, buy the company report.

Deals & funding

Flathead Designs Private Limited has 9 deals on record (8 funding rounds, 1 acquisition), with disclosed funding of ₹10.6 Cr; the latest was in July 2023.

Total deals
9
Funding rounds
8
Acquisition
1
Disclosed funding
₹10.6 Cr

Deals on record (3 of 9)

WhenDealAmountParties
Jul 2023AcquisitionUndisclosedBuyer: Sensedynamic Fashions India Private Limited
Aug 2021Funding round · Pre-Series A₹2.91 CrInvestors: LVX (LetsVenture), 3 individuals
Apr 2019Funding round · Seed₹5.22 CrInvestors: Angel List, 3 individuals

To see the full deal history of Flathead Designs Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Flathead Designs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Flathead Designs has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3

To see the full GST registrations and return filing status of Flathead Designs Private Limited, buy the company report.

Recent activity

Flathead Designs Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Durga Madhab Dash ceased to be Additional Director on 29 Sep 2024.

AGM
Flathead Designs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Flathead Designs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Durga Madhab Dash ceased to be Additional Director.
Appointed
Durga Madhab Dash was appointed as Director.
Ceased
Utkarsh Sidramappa Biradar ceased to be Director.
Appointed
Ganesh Balakrishnan was appointed as Director.
Incorporation
19 Nov 2018
Flathead Designs Private Limited was registered on 19 Nov 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records.

News

Frequently asked questions

Flathead Designs is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 19 November 2018 (8+ years old) and is registered under CIN U52609KA2018PTC118626.

Flathead Designs has 2 current directors:

The latest financial statements of Flathead Designs 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 2019 are in the company report.

No. Flathead Designs has 3 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Flathead Designs is U52609KA2018PTC118626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Flathead Designs was incorporated on 19 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Flathead Designs has 9 deals on record (8 funding rounds, 1 acquisition), with disclosed funding of ₹10.6 Cr; the latest was in July 2023.

Durga Madhab Dash ceased to be Additional Director on 29 Sep 2024. Durga Madhab Dash was appointed as Director on 10 Nov 2023. Utkarsh Sidramappa Biradar ceased to be Director on 12 Sep 2022. Flathead Designs has 4 board changes on record in total.

Yes, Flathead Designs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Flathead Designs is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0046380).