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Flo Sleep Solutions Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹35.81 Cr
▲ 235% YoY
Net profit · FY 2023
₹10.8 Lakh
Net margin 0.3%
EBITDA · FY 2023
₹14.15 Lakh
EBITDA margin 0.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.75 Lakh
Issued & subscribed
Open charges
₹55 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
8
Provident fund records
About Flo Sleep Solutions Private Limited
Data last updated:
Flo Sleep Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 19 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2021PTC369666.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.75 Lakh. It is led by directors Gaurav Gunjan Zatakia and Gunjan Zatakia Shantilal.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 702 Floor 7 Wing C – 4 Plot C – 4 Eden Hiranandani Garden Rd Andheri (E), Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2023, the company reported a revenue of ₹35.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.8 Lakh (net margin 0.3%) and EBITDA of ₹14.15 Lakh (EBITDA margin 0.4%).
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Flo Mattress. As per MCA filings, the company has open charges of ₹55 Lakh on record. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹9 Cr; the latest was in July 2023. Its 10 peer companies in the Consumer Products industry (Home Furnishings Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Bianca Home LLP with revenue of ₹36.54 Cr.
Flo Sleep Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0125562). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flomattress.com.
Company Details of Flo Sleep Solutions Private Limited
CIN U17299MH2021PTC369666
Registration Number 369666
Incorporation Date 19 October 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-18-0125562
Recognitions & Rankings of Flo Sleep Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0125562
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address702 Floor 7 Wing C – 4 Plot C – 4 Eden Hiranandani Garden Rd Andheri (E), Mumbai, Maharashtra, India – 400076
- IndustryConsumer Goods, Home Furnishings Manufacturing
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Associated Brands with Flo Sleep Solutions Private Limited
Flo Sleep Solutions operates one associated brand: Flo Mattress. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Customized mattresses and bedding accessories are offered online. | flomattress.com |
Business Activity of Flo Sleep Solutions Private Limited
The main business activity of Flo Sleep Solutions is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Flo Sleep Solutions Private Limited FY 2023 filings available
Flo Sleep Solutions Private Limited reported revenue of ₹35.81 Cr (up 235% YoY) for FY 2023.
Revenue · FY 2023
₹35.81 Cr ▲ 235%
Net profit · FY 2023
₹10.8 Lakh margin 0.3%
EBITDA · FY 2023
₹14.15 Lakh margin 0.4%
Compounded Annual Growth Rate (CAGR) of Flo Sleep Solutions Private Limited
Revenue CAGR growth
1 year
▲ 235%
EBITDA CAGR growth
1 year
▲ 742%
Revenue rose 235% in the latest year. EBITDA rose 742% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Flo Sleep Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| 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 | ₹14.15 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹10.8 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 of Flo Sleep Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.4% | •••• |
| Net Profit Margin | 0.3% | •••• |
| 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 Flo Sleep Solutions are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Flo Sleep Solutions Private Limited
Flo Sleep Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Gunjan Zatakia Also directs: Hush India Private Limited | Director | 19 Oct 2021 | 5 Years 0 Months | Current |
| Gunjan Zatakia Shantilal Also directs: Hush India Private Limited | Director | 19 Oct 2021 | 5 Years 0 Months | Current |
Peer Comparison of Flo Sleep Solutions Private Limited
Flo Sleep Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bianca Home LLP | ₹36.54 Cr (FY 2021) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| WGS Interior Products Private Limited | ₹36.31 Cr (FY 2025) | •••• | •••• | 706.0% | •••• | Bangalore, Karnataka, India |
| P K Furniture Private Limited | ₹36.2 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Bardhaman, West Bengal, India |
| Onward Knitwear Solutions Private Limited | ₹36.11 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Gurgaon, Haryana, India |
| Adinath Tex Chem Limited | ₹36.01 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Surat, Gujarat, India |
| Flo Sleep Solutions Private Limited this company | ₹35.81 Cr (FY 2023) | •••• | •••• | 235.0% | •••• | Mumbai, Maharashtra, India |
| Aasr Industries Private Limited | ₹35.8 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | New Delhi, Delhi, India |
| Jagdmby Knit Fabs Private Limited | ₹35.24 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Panipat, Haryana, India |
| Mohit Rubber Foam India Private Limited | ₹35 Cr (FY 2023) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Anand Comforts Private Limited | ₹34.93 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Tiptur, Karnataka, India |
| Jai Handloom Private Limited | ₹34.74 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Panipat, Haryana, India |
Peers are the five companies nearest above and the five nearest below Flo Sleep Solutions by revenue in the Consumer Products industry (Home Furnishings Manufacturers), 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 Flo Sleep Solutions Private Limited
Flo Sleep Solutions Private Limited is audited by Kaushal Manish & Company for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kaushal Manish & Company | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Flo Sleep Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Flo Sleep Solutions Private Limited
Open charges
₹55 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2019 | State Bank of India | ₹55 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Flo Sleep Solutions Private Limited
Flo Sleep Solutions Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹9 Cr; the latest was in July 2023.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹9 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Funding round | ₹4 Cr | Investors: Mistry Ventures |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Mistry Ventures, 2 individuals Seller: 2 individuals |
| Feb 2022 | Funding round | ₹5 Cr | Investors: Mistry Ventures |
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Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Flo Sleep Solutions Private Limited
Flo Sleep Solutions Private Limited has a workforce of 8 employees as of Mar 29, 2024.
Employee count
8
Active EPFO establishments
1
Employee growth
14.29%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Flo Sleep Solutions Private Limited
Flo Sleep Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Gaurav Gunjan Zatakia was appointed as Director on 19 Oct 2021.
AGM
Flo Sleep Solutions Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.
Filing
Flo Sleep Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Appointed
Gaurav Gunjan Zatakia was appointed as Director.
Appointed
Gunjan Zatakia Shantilal was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 55.00 Lakh with Charge ID 100307971 was registered on 21 Nov 2019.
Incorporation
19 Oct 2021
Flo Sleep Solutions Private Limited was registered on 19 Oct 2021 with Roc Mumbai & aged 5 years 3 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Flo Sleep Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Flo Sleep Solutions Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Flo Sleep Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Flo Sleep Solutions Private Limited
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Flo Sleep Solutions Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Flo Sleep Solutions Private Limited
Frequently Asked Questions about Flo Sleep Solutions Private Limited
Flo Sleep Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 19 October 2021 (5+ years old) and is registered under CIN U17299MH2021PTC369666.
Flo Sleep Solutions reported revenue of ₹35.81 Cr for FY 2023 (up 235% YoY).
Flo Sleep Solutions has 2 current directors:
- Gaurav Gunjan Zatakia - Director
- Gunjan Zatakia Shantilal - Director
Flo Sleep Solutions reported a net profit of ₹10.8 Lakh (net margin 0.3%) and EBITDA of ₹14.15 Lakh (EBITDA margin 0.4%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Flo Sleep Solutions is U17299MH2021PTC369666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flo Sleep Solutions was incorporated on 19 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Flo Sleep Solutions has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹9 Cr; the latest was in July 2023.
The peers of Flo Sleep Solutions by revenue are Bianca Home LLP, WGS Interior Products Private Limited, P K Furniture Private Limited, Onward Knitwear Solutions Private Limited, Adinath Tex Chem Limited and 5 more, all in the Consumer Products industry (Home Furnishings Manufacturers).
Gaurav Gunjan Zatakia was appointed as Director on 19 Oct 2021. Gunjan Zatakia Shantilal was appointed as Director on 19 Oct 2021.
Yes, Flo Sleep Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Flo Sleep Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0125562).