DPIIT recognised startup Government of India
Startup India
Folksway Services Private Limited
Folksway Services Private Limited - fashion and textile in Jamshedpur, Jharkhand, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.5 Lakh
▲ 243% YoY
Net loss · FY 2025
₹10,215
Net margin -2.9%
EBITDA · FY 2025
-₹1,215
EBITDA margin -0.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Folksway Services Private Limited
Data last updated:
Folksway Services Private Limited is a private limited company based in Jamshedpur, Jharkhand, India, recognised as a startup by DPIIT. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 17 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U74999JH2018PTC011003. Its GSTIN is 20AADCF3104C1ZP (Jharkhand).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raushan Pratap Singh and Raghubansh Kumar Singh.
Its last annual general meeting (AGM) was held on 24 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No – F/4 Elite Tower Adarsh Nagar Pnb Colony, Jamshedpur, Jharkhand, India – 831011.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10,215 (net margin -2.9%) and EBITDA of -₹1,215 (EBITDA margin -0.3%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹3 Lakh on record.
Folksway Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-06-0009625).
Company details
CIN U74999JH2018PTC011003
Registration Number 011003
Incorporation Date 17 February 2018
ROC Ranchi
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 December 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-JH-06-0009625
Recognitions & Rankings of Folksway Services
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-JH-06-0009625
Contact details
Folksway Services Private Limited's registered office is in Jamshedpur, Jharkhand. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No – F/4 Elite Tower Adarsh Nagar Pnb Colony, Jamshedpur, Jharkhand, India – 831011
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Folksway Services Private Limited, buy the company report.
Comprehensive company report
Folksway Services 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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Business activity
The main business activity of Folksway Services is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Folksway Services Private Limited, buy the company report.
Financials of Folksway Services Private Limited
FY 2025 filings availableFolksway Services Private Limited reported revenue of ₹3.5 Lakh (up 243% YoY) for FY 2025.
Revenue · FY 2025
₹3.5 Lakh ▲ 243%
Net loss · FY 2025
₹10,215 margin -2.9%
EBITDA · FY 2025
-₹1,215 margin -0.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 243%
3 years · compounded
▼ 38%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
Revenue rose 243% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | -₹1,215 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10,215 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Folksway Services Private Limited, buy the company report.
Board of directors of Folksway Services Private Limited
Folksway Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raushan Pratap Singh | Director | 17 Feb 2018 | 8 Years 8 Months | Current |
| Raghubansh Kumar Singh | Director | 17 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Folksway Services Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Taradise Clothing Private Limited | ₹3.52 Lakh (FY 2025) | -38.0% | Calangute, Goa, India | |||
| Folksway Services Private Limitedthis company | ₹3.5 Lakh (FY 2025) | -₹10,215 | -2.9% | 243.0% | Jamshedpur, Jharkhand, India | |
| Starfab Engineering Services Private Limited | ₹3.32 Lakh (FY 2019) | Ernakulam, Kerala, India | ||||
| Nischay Textiles Private Limited | ₹3.31 Lakh (FY 2018) | -92.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Folksway Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2023 | 100826429 | Others | ₹3 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Folksway Services 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 Folksway Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Folksway Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AADCF3104C1ZP | Jharkhand | Active | 22 Mar 2018 |
To see the full GST registrations and return filing status of Folksway Services Private Limited, buy the company report.
Recent activity
Folksway Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Raghubansh Kumar Singh was appointed as Director on 17 Feb 2018.
AGM
Folksway Services Private Limited last Annual general meeting of members was held on 24 Dec 2025 as per latest MCA records.
Filing
Folksway Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ranchi.
Charges
A charge with Others amounted to Rs. 3.00 Lakh with Charge ID 100826429 was registered on 25 Aug 2023.
Appointed
Raghubansh Kumar Singh was appointed as Director.
Appointed
Raushan Pratap Singh was appointed as Director.
Incorporation
17 Feb 2018
Folksway Services Private Limited was registered on 17 Feb 2018 with Roc Ranchi & aged 8 years 8 months as per MCA records.
Frequently asked questions
Folksway Services is an active private limited company based in Jamshedpur, Jharkhand, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 17 February 2018 (8+ years old) and is registered under CIN U74999JH2018PTC011003.
Folksway Services has 2 current directors:
- Raushan Pratap Singh - Director
- Raghubansh Kumar Singh - Director
The latest financial statements of Folksway Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 December 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Folksway Services is 20AADCF3104C1ZP, registered in Jharkhand.
The CIN (Corporate Identification Number) of Folksway Services is U74999JH2018PTC011003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Folksway Services was incorporated on 17 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Folksway Services by revenue are Taradise Clothing Private Limited, Starfab Engineering Services Private Limited, Nischay Textiles Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (retail trading).
Raghubansh Kumar Singh was appointed as Director on 17 Feb 2018. Raushan Pratap Singh was appointed as Director on 17 Feb 2018.
Yes, Folksway Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Folksway Services is registered as a micro enterprise under Udyam registration (number: UDYAM-JH-06-0009625).
The registered office of Folksway Services is at Flat No – F4 Elite Tower Adarsh Nagar Pnb Colony, Jamshedpur, Jharkhand, India – 831011.
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