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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.
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
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
Flo Sleep Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is flomattress.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Flo Sleep Solutions Private Limited, buy the company report.
Comprehensive company report
Flo Sleep 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
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Flo Sleep Solutions Private Limited, buy the company report.
Financials of Flo Sleep Solutions Private Limited
FY 2023 filings availableFlo 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)
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
| 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
| 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 | ||
To see the full financial statements and ratios of Flo Sleep Solutions Private Limited, buy the company report.
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 |
Auditor
Flo Sleep Solutions Private Limited is audited by Kaushal Manish & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kaushal Manish & Company | FY 2022 | 125710W |
Shareholding
The shareholding of Flo Sleep Solutions Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Flo Sleep Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹55 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2019 | 100307971 | State Bank of India | ₹55 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Flo Sleep 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 Flo Sleep Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Flo Sleep Solutions Private Limited has a workforce of 8 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
14.29%
GST
No GST registration is on our record for Flo Sleep Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Gaurav Gunjan Zatakia - Director
- Gunjan Zatakia Shantilal - Director
The latest financial statements of Flo Sleep Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from FY 2022 are in the company report.
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.
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).
Flo Sleep Solutions can be reached through the website flomattress.com. Its registered office is in Mumbai, Maharashtra, India.