Folkserv Innovations Private Limited
About Folkserv Innovations Private Limited
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Folkserv Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 24 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC324466. Its GSTIN is 27AADCF7150N1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunanda Chatterjee and Amit Kumar Sisir Chatterjee.
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 D 901 Lake Lucerne Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.58 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹56,024 (net margin 4.5%) and EBITDA of ₹1.02 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.
The company is associated with 1 brand: FolkServ.
Company details
Contact details
Folkserv Innovations Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressD 901 Lake Lucerne Powai, Mumbai, Maharashtra, India – 400076
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Folkserv Innovations 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
Folkserv Innovations operates one associated brand: FolkServ. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides expert HR consulting services, specializing in policy design, compliance, and talent management. | folk-serv.com |
Business activity
The main business activity of Folkserv Innovations is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Folkserv Innovations Private Limited, buy the company report.
Financials of Folkserv Innovations Private Limited
FY 2025 filings availableFolkserv Innovations Private Limited reported revenue of ₹12.58 Lakh (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 44% over three years, including 23% growth in the latest year. EBITDA rose 115% 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
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| EBITDA | ₹1.02 Lakh | ||||
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| Net Profit (PAT) | ₹56,024 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Folkserv Innovations Private Limited, buy the company report.
Board of directors of Folkserv Innovations Private Limited
Folkserv Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunanda Chatterjee | Director | 24 Apr 2019 | 7 Years 6 Months | Current |
| Amit Kumar Sisir Chatterjee Also directs: Icapo Tech Private Limited, Eloquent Advisory Private Limited, Wiseroute Financial Advisory Private Limited and 1 more | Director | 24 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Folkserv Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pelicon Software Solutions Private Limited | ₹12.7 Lakh (FY 2024) | -10.0% | Hyderabad, Telangana, India | |||
| Amethyst Research & Consulting Private Limited | ₹12.69 Lakh (FY 2023) | -66.0% | Imphal West, Manipur, India | |||
| SHRT Highalert Security Service Private Limited | ₹12.67 Lakh (FY 2022) | -63.0% | Kolkata, West Bengal, India | |||
| Coadvantage Consulting (OPC) Private Limited | ₹12.66 Lakh (FY 2023) | 307.0% | Pune, Maharashtra, India | |||
| Maxonic Consulting Private Limited | ₹12.62 Lakh (FY 2025) | -12.0% | Delhi, India | |||
| Folkserv Innovations Private Limitedthis company | ₹12.58 Lakh (FY 2024) | ₹56,024 | 4.5% | 23.0% | Mumbai, Maharashtra, India | |
| Staris HR Services (OPC) Private Limited | ₹12.56 Lakh (FY 2024) | -37.0% | Gurugram, Haryana, India | |||
| Favourable Consulting Private Limited | ₹12.55 Lakh (FY 2022) | 5.0% | Moradabad, Uttar Pradesh, India | |||
| Concept Avenue and Career Academy Private Limited | ₹12.55 Lakh (FY 2015) | 30.0% | Bangalore, Karnataka, India | |||
| Abhaypath Safety Services Private Limited | ₹12.53 Lakh (FY 2018) | 1160.0% | Lucknow, Uttar Pradesh, India | |||
| S.S. Sai Express Consultancy Private Limited | ₹12.52 Lakh (FY 2016) | 0.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Folkserv Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Folkserv Innovations 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 Folkserv Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Folkserv Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF7150N1ZA | Maharashtra | Active | 17 Aug 2020 |
To see the full GST registrations and return filing status of Folkserv Innovations Private Limited, buy the company report.
Recent activity
Folkserv Innovations Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Amit Kumar Sisir Chatterjee was appointed as Director on 24 Apr 2019.
Frequently asked questions
Folkserv Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 24 April 2019 (7+ years old) and is registered under CIN U74999MH2019PTC324466.
Folkserv Innovations has 2 current directors:
- Sunanda Chatterjee - Director
- Amit Kumar Sisir Chatterjee - Director
The latest financial statements of Folkserv Innovations 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 Folkserv Innovations is 27AADCF7150N1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Folkserv Innovations is U74999MH2019PTC324466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Folkserv Innovations was incorporated on 24 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Folkserv Innovations by revenue are Pelicon Software Solutions Private Limited, Amethyst Research & Consulting Private Limited, SHRT Highalert Security Service Private Limited, Coadvantage Consulting (OPC) Private Limited, Maxonic Consulting Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Amit Kumar Sisir Chatterjee was appointed as Director on 24 Apr 2019. Sunanda Chatterjee was appointed as Director on 24 Apr 2019.
The registered office of Folkserv Innovations is at D 901 Lake Lucerne Powai, Mumbai, Maharashtra, India – 400076.
Folkserv Innovations operates in the business services industry, in the miscellaneous business activities segment.
Folkserv Innovations has 1 associated brand: Folkserv.
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