Frets Lifestyle Private Limited
About Frets Lifestyle Private Limited
Data last updated:
Frets Lifestyle Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the specialised retail segment of the home appliances and consumer durables sector. It was incorporated on 25 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52322PB2018PTC047972. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Sunil Joshi and Parasdeep Singh.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Shop No Sf 28 Second Floor Jmd Govardhan City Centre Near Railway Station, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2020, the company reported a revenue of ₹16.98 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹1,637 (net margin 0.1%) and EBITDA of ₹29,376 (EBITDA margin 1.7%).
Company details
Contact details
Frets Lifestyle Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressShop No Sf 28 Second Floor Jmd Govardhan City Centre Near Railway Station, Ludhiana, Punjab, India – 141008
- IndustryHome Appliances, Specialized Stores, Retailers
To see the full contact details of Frets Lifestyle 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
Business activity
The main business activity of Frets Lifestyle 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 Frets Lifestyle Private Limited, buy the company report.
Financials of Frets Lifestyle Private Limited
FY 2020 filings availableFrets Lifestyle Private Limited reported revenue of ₹16.98 Lakh (down 16% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year. EBITDA fell 29% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹16.98 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹29,376 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1,637 | |
| 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.7% | |
| Net Profit Margin | 0.1% | |
| 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 Frets Lifestyle Private Limited, buy the company report.
Board of directors of Frets Lifestyle Private Limited
Frets Lifestyle has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Joshi | Director | 02 Nov 2018 | 8 Years 0 Months | Current |
| Parasdeep Singh | Director | 25 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Frets Lifestyle Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Hitee Infrastructure Private Limited | ₹17 Lakh (FY 2024) | 31.0% | Mumbai, Maharashtra, India | |||
| L V Medical Systems Private Limited | ₹16.99 Lakh (FY 2024) | Jaipur, Rajasthan, India | ||||
| Genial Technologies India Private Limited | ₹16.99 Lakh (FY 2025) | -61.0% | Ghaziabad, Uttar Pradesh, India | |||
| Miopass Pharmaceuticals Private Limited | ₹16.99 Lakh (FY 2024) | 27.0% | Lucknow, Uttar Pradesh, India | |||
| Voltesco Solutions Private Limited | ₹16.99 Lakh (FY 2024) | -39.0% | Chennai, Tamil Nadu, India | |||
| Frets Lifestyle Private Limitedthis company | ₹16.98 Lakh (FY 2020) | ₹1,637 | 0.1% | -16.0% | Ludhiana, Punjab, India | |
| Paxfi Herbal Lifestyle Products Private Limited | ₹16.98 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Chefs United Foods Private Limited | ₹16.98 Lakh (FY 2024) | -73.0% | Delhi, India | |||
| Vogue Wall Panels Private Limited | ₹16.98 Lakh (FY 2023) | -33.0% | New Delhi, Delhi, India | |||
| R. S. Designers Private Limited | ₹16.98 Lakh (FY 2015) | -29.0% | Kolkata, West Bengal, India | |||
| Isonic Pharmaceuticals Private Limited | ₹16.97 Lakh (FY 2024) | 16.0% | Saketri, Haryana, India |
To see the full peer comparison of Frets Lifestyle Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Frets Lifestyle 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 Frets Lifestyle Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Frets Lifestyle has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Frets Lifestyle Private Limited, buy the company report.
Recent activity
Frets Lifestyle Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Sunil Joshi ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Frets Lifestyle is an active private limited company based in Ludhiana, Punjab, India. The company works in specialized stores, within the home appliances industry. It was incorporated on 25 May 2018 (8+ years old) and is registered under CIN U52322PB2018PTC047972.
Frets Lifestyle has 2 current directors:
- Sunil Joshi - Director
- Parasdeep Singh - Director
The latest financial statements of Frets Lifestyle on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
No. Frets Lifestyle has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Frets Lifestyle is U52322PB2018PTC047972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frets Lifestyle was incorporated on 25 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Frets Lifestyle by revenue are Hitee Infrastructure Private Limited, L V Medical Systems Private Limited, Genial Technologies India Private Limited, Miopass Pharmaceuticals Private Limited, Voltesco Solutions Private Limited and 5 more, all in the same principal business activity (retail trading).
Sunil Joshi ceased to be Additional Director on 30 Sep 2019. Karan Puri ceased to be Director on 24 Nov 2018. Sunil Joshi was appointed as Director on 02 Nov 2018. Frets Lifestyle has 4 board changes on record in total.
The registered office of Frets Lifestyle is at Shop No Sf 28 Second Floor Jmd Govardhan City Centre Near Railway Station, Ludhiana, Punjab, India – 141008.
Frets Lifestyle operates in the home appliances industry, in the specialized stores segment.
Frets Lifestyle can be reached at its registered office: Shop No Sf 28 Second Floor Jmd Govardhan City Centre Near Railway Station, Ludhiana, Punjab, India – 141008.
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