About Fountane Makerspace Private Limited
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Fountane Makerspace Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC126723. Its GSTIN is 36AADCF4978L1Z1 (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nikhil Srivatsa Gumma and Aditya Siripragada.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at H.No – 1 – 98/9/20 Jai Hind Enclave Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.03 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net loss of ₹12.84 Lakh (net margin -2.1%) and EBITDA of -₹9.71 Lakh (EBITDA margin -1.6%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
The company is associated with 1 brand: Fountane.
For more details, the company can be reached via its website fountane.com.
Company details
Contact details
Fountane Makerspace Private Limited's registered office is in Hyderabad, Telangana. Its website is fountane.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressH.No – 1 – 98/9/20 Jai Hind Enclave Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Fountane Makerspace 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
Fountane Makerspace operates one associated brand: Fountane. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive application design and development services. | fountane.com |
Business activity
The main business activity of Fountane Makerspace is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Fountane Makerspace Private Limited, buy the company report.
Financials of Fountane Makerspace Private Limited
FY 2023 filings availableFountane Makerspace Private Limited reported revenue of ₹6.03 Cr (up 64% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over three years, including 64% growth in the latest year. EBITDA fell 193% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹9.71 Lakh | ||||
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| Net Profit (PAT) | -₹12.84 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -1.6% | ||||
| Net Profit Margin | -2.1% | ||||
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To see the full financial statements and ratios of Fountane Makerspace Private Limited, buy the company report.
Board of directors of Fountane Makerspace Private Limited
Fountane Makerspace has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Srivatsa Gumma | Director | 17 Sep 2018 | 8 Years 1 Months | Current |
| Aditya Siripragada | Director | 17 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Fountane Makerspace Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Winserve Systems Private Limited | ₹6.04 Cr (FY 2025) | -57.0% | Chennai, Tamil Nadu, India | |||
| Sarthak Data Solutions Private Limited | ₹6.04 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| United Seair Private Limited | ₹6.04 Cr (FY 2025) | 45.0% | Delhi, India | |||
| R.K. HRD India Private Limited | ₹6.04 Cr (FY 2021) | 213.0% | Hosur, Tamil Nadu, India | |||
| Lakshmi Cryogenics Private Limited | ₹6.04 Cr (FY 2025) | -2.0% | Karnataka, India | |||
| Fountane Makerspace Private Limitedthis company | ₹6.03 Cr (FY 2023) | -₹12.84 Lakh | -2.1% | 64.0% | Hyderabad, Telangana, India | |
| Vocman India Private Limited | ₹6.03 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Right Way Securities Services Private Limited | ₹6.03 Cr (FY 2024) | -22.0% | Sirsa, Haryana, India | |||
| Ncrtc Express Transit Limited | ₹6.02 Cr (FY 2025) | 34.0% | New Delhi, Delhi, India | |||
| Karuna Pharma Private Limited | ₹6.02 Cr (FY 2025) | 14.0% | Hyderabad, Telangana, India | |||
| Karan Exports (India) Pvt. Ltd. | ₹6.02 Cr (FY 2025) | 75.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Fountane Makerspace Private Limited, buy the company report.
Auditor
Fountane Makerspace Private Limited is audited by S KASTHURI RENGAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S KASTHURI RENGAN & CO | FY 2021 | 008084S |
Shareholding
The shareholding of Fountane Makerspace Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fountane Makerspace Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fountane Makerspace 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 Fountane Makerspace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fountane Makerspace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCF4978L1Z1 | Telangana | Active | 18 Mar 2019 |
To see the full GST registrations and return filing status of Fountane Makerspace Private Limited, buy the company report.
Recent activity
Fountane Makerspace Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Aditya Siripragada was appointed as Director on 17 Sep 2018.
Frequently asked questions
Fountane Makerspace is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 September 2018 (8+ years old) and is registered under CIN U72900TG2018PTC126723.
Fountane Makerspace has 2 current directors:
- Nikhil Srivatsa Gumma - Director
- Aditya Siripragada - Director
The latest financial statements of Fountane Makerspace on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Fountane Makerspace is 36AADCF4978L1Z1, registered in Telangana.
The CIN (Corporate Identification Number) of Fountane Makerspace is U72900TG2018PTC126723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fountane Makerspace was incorporated on 17 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Fountane Makerspace by revenue are Winserve Systems Private Limited, Sarthak Data Solutions Private Limited, United Seair Private Limited, R.K. HRD India Private Limited, Lakshmi Cryogenics Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Aditya Siripragada was appointed as Director on 17 Sep 2018. Nikhil Srivatsa Gumma was appointed as Director on 17 Sep 2018.
Fountane Makerspace can be reached through the website fountane.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Fountane Makerspace is at H.No – 1 – 98920 Jai Hind Enclave Madhapur, Hyderabad, Telangana, India – 500081.
Fountane Makerspace operates in the information technology industry, in the IT consulting and support services segment.