Foxglove Business Services Private Limited

Foxglove Business Services Private Limited - financial services in Panvel, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2017PTC338992 Incorporated 18 August 2017 ROC Mumbai HQ Panvel, Maharashtra, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2023
₹3.18 Cr
▼ 63% YoY
Net loss · FY 2023
₹1.48 Cr
Net margin -46.5%
EBITDA · FY 2023
-₹1.35 Cr
EBITDA margin -42.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1 Lakh
No open charges
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Foxglove Business Services Private Limited

Data last updated:

Foxglove Business Services Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 18 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2017PTC338992. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sanjay Kumar Pandey and Mohammad Nabi Sharib.

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 Sector 13, Panvel, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.18 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹1.48 Cr (net margin -46.5%) and EBITDA of -₹1.35 Cr (EBITDA margin -42.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.

As per MCA filings, the company has satisfied charges of ₹1 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.

Foxglove Business Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0028270). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website foxglove.co.in.

Company details

CIN U72900MH2017PTC338992
Registration Number 338992
Incorporation Date 18 August 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0028270

CIN history

Foxglove Business Services has one previous CIN (Corporate Identification Number): U72900DL2017PTC322307. The current CIN is U72900MH2017PTC338992, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900MH2017PTC338992Current
U72900DL2017PTC322307Previous
Key People
Sanjay Kumar Pandey Director Mohammad Nabi Sharib Director

Recognitions & Rankings of Foxglove Business Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-MH-19-0028270

Contact details

Foxglove Business Services Private Limited's registered office is in Panvel, Maharashtra. Its website is foxglove.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    foxglove.co.in
  • Registered Address
    Flat No. F – 120 Plot No. – 184, Haware Tiara Sector 13, Panvel, Maharashtra, India – 410210
  • Industry
    Financial Services, Digital Payment Solutions

To see the full contact details of Foxglove Business Services Private Limited, buy the company report.

Comprehensive company report
Foxglove Business 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 Foxglove Business Services is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Foxglove Business Services Private Limited, buy the company report.

Financials of Foxglove Business Services Private Limited

FY 2023 filings available

Foxglove Business Services Private Limited reported revenue of ₹3.18 Cr (down 63% YoY) for FY 2023.

Revenue · FY 2023
₹3.18 Cr ▼ 63%
Net loss · FY 2023
₹1.48 Cr margin -46.5%
EBITDA · FY 2023
-₹1.35 Cr margin -42.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 349%
3 years · compounded
▼ 45%

Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 63% fall in the latest year. EBITDA fell 349% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹3.18 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.35 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.48 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-42.5%
Net Profit Margin-46.5%
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 Foxglove Business Services Private Limited, buy the company report.

Board of directors of Foxglove Business Services Private Limited

Foxglove Business Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay Kumar Pandey
Also directs: Echopay Payment Solutions Private Limited
Director31 May 20197 Years 5 MonthsCurrent
Mohammad Nabi Sharib
Also directs: Echopay Payment Solutions Private Limited
Director25 May 20197 Years 5 MonthsCurrent
View all directors

Auditor

Foxglove Business Services Private Limited is audited by Joy Dalia & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Joy Dalia & Co.FY 2023104460W

Shareholding

The shareholding of Foxglove Business Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Foxglove Business Services Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1 Lakh
Breakdown by lending institutions
Others₹0.01 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Feb 2020100326370Others₹1 LakhSatisfied

To see the full charge records of Foxglove Business Services Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Foxglove Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Foxglove Business Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Foxglove Business Services Private Limited, buy the company report.

Recent activity

Foxglove Business Services Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Sanjay Kumar Pandey was appointed as Director on 31 May 2019.

AGM
Foxglove Business Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Foxglove Business Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai Ii.
Charges
A charge registered on 05 Feb 2020 via Charge ID 100326370 with Others was fully satisfied on 13 Jan 2021.
Charges
A charge with Others amounted to Rs. 1.00 Lakh with Charge ID 100326370 was registered on 05 Feb 2020.
Appointed
Sanjay Kumar Pandey was appointed as Director.
Ceased
Sharad Kumar Ahuja ceased to be Director.
Appointed
Mohammad Nabi Sharib was appointed as Director.
Ceased
Vishal Saini ceased to be Director.
Ceased
Kapil Chawla ceased to be Director.
Incorporation
18 Aug 2017
Foxglove Business Services Private Limited was registered on 18 Aug 2017 with Roc Mumbai Ii & aged 9 years 2 months as per MCA records.

Frequently asked questions

Foxglove Business Services is an active private limited company based in Panvel, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 18 August 2017 (9+ years old) and is registered under CIN U72900MH2017PTC338992.

Foxglove Business Services has 2 current directors:

The latest financial statements of Foxglove Business Services 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 2018 are in the company report.

No. Foxglove Business Services has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Foxglove Business Services is U72900MH2017PTC338992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Foxglove Business Services has 1 court case on record: 1 filed by the company.

Foxglove Business Services was incorporated on 18 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Sanjay Kumar Pandey was appointed as Director on 31 May 2019. Sharad Kumar Ahuja ceased to be Director on 31 May 2019. Mohammad Nabi Sharib was appointed as Director on 25 May 2019. Foxglove Business Services has 5 board changes on record in total.

Yes, Foxglove Business Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0028270).

Foxglove Business Services can be reached through the website foxglove.co.in. Its registered office is in Panvel, Maharashtra, India.