
Frools Retail Services Private Limited
About Frools Retail Services Private Limited
Data last updated:
Frools Retail Services Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 11 August 2016.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC284688.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.15 Lakh. It is led by directors Harish Nathu Kawale and Ashutosh Dilip Mahajan.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at F – 114 Export Building Fruit Market Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2018, the company reported a revenue of ₹55.33 Lakh, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹4.27 Lakh (net margin -7.7%) and EBITDA of -₹4.06 Lakh (EBITDA margin -7.3%).
The company is associated with 1 brand: Frools.
Company details
Contact details
Frools Retail Services Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 114 Export Building Fruit Market Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Frools Retail Services 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
Frools Retail Services operates one associated brand: Frools. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile app for subscribing to doorstep delivery of fresh fruits and vegetables. | frools.com |
Business activity
The main business activity of Frools Retail 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 Frools Retail Services Private Limited, buy the company report.
Financials of Frools Retail Services Private Limited
FY 2018 filings availableFrools Retail Services Private Limited reported revenue of ₹55.33 Lakh (up 49% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 49% in the latest year. EBITDA rose 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Cost of Materials Consumed | ||
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| Total Expenses | ||
| EBITDA | -₹4.06 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.27 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -7.3% | |
| Net Profit Margin | -7.7% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
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To see the full financial statements and ratios of Frools Retail Services Private Limited, buy the company report.
Board of directors of Frools Retail Services Private Limited
Frools Retail Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Nathu Kawale | Director | 11 Aug 2016 | 10 Years 2 Months | Current |
| Ashutosh Dilip Mahajan Also directs: Turbotork Technologies Private Limited | Director | 11 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Frools Retail Services 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 |
|---|---|---|---|---|---|---|
| Ilana Organics Private Limited | ₹55.36 Lakh (FY 2025) | -30.0% | Pune, Maharashtra, India | |||
| Pradhan Buildcon Private Limited | ₹55.35 Lakh (FY 2024) | -28.0% | Delhi, India | |||
| Chhattisgarh Packagerrs Pvt. Ltd. | ₹55.35 Lakh (FY 2024) | -80.0% | Bhilai, Chhattisgarh, India | |||
| Fasys Enterprises Private Limited | ₹55.35 Lakh (FY 2024) | 241.0% | Chennai, Tamil Nadu, India | |||
| Sacc Innovative Systems Private Limited | ₹55.35 Lakh (FY 2025) | 155.0% | Hyderabad, Telangana, India | |||
| Frools Retail Services Private Limitedthis company | ₹55.33 Lakh (FY 2018) | -₹4.27 Lakh | -7.7% | 49.0% | Navi Mumbai, Maharashtra, India | |
| Bigdream Infoservices Private Limited | ₹55.31 Lakh (FY 2024) | -1.0% | Delhi, India | |||
| Lcost Mobile (OPC) Private Limited | ₹55.3 Lakh (FY 2025) | 13.0% | Lucknow, Uttar Pradesh, India | |||
| Kodai Cars Private Limited | ₹55.29 Lakh (FY 2022) | -42.0% | Tirunelveli, Tamil Nadu, India | |||
| Kaanish Lifesciences Private Limited | ₹55.28 Lakh (FY 2025) | -15.0% | Greater Noida, Uttar Pradesh, India | |||
| Erasmus Design Production Private Limited | ₹55.27 Lakh (FY 2018) | 156.0% | New Delhi, Delhi, India |
To see the full peer comparison of Frools Retail Services Private Limited, buy the company report.
Auditor
Frools Retail Services Private Limited is audited by Baheti & Somani LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Baheti & Somani LLP | FY 2017 | 124298W |
Shareholding
The shareholding of Frools Retail Services Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Frools Retail Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Frools Retail 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 Frools Retail Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Frools Retail Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Frools Retail Services Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ashutosh Dilip Mahajan was appointed as Director on 11 Aug 2016.
Frequently asked questions
Frools Retail Services is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Frools Retail Services is a company pending strike off, currently registered as a private limited company based in Navi Mumbai, Maharashtra, India. The company works in retail trading, within the trading industry. It was incorporated on 11 August 2016 and is registered under CIN U74999MH2016PTC284688. The company may be struck off soon - caution is advised.
The compliance status of Frools Retail Services is active non-compliant as of 04 August 2026.
Frools Retail Services has 2 current directors:
- Harish Nathu Kawale - Director
- Ashutosh Dilip Mahajan - Director
The CIN (Corporate Identification Number) of Frools Retail Services is U74999MH2016PTC284688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frools Retail Services was incorporated on 11 August 2016. It is registered with the Registrar of Companies, Mumbai.
The registered office of Frools Retail Services is at F – 114 Export Building Fruit Market Vashi, Navi Mumbai, Maharashtra, India – 400705.
The latest financial statements of Frools Retail Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2017 are in the company report.
Frools Retail Services operates in the trading industry, in the retail trading segment.
The peers of Frools Retail Services by revenue are Ilana Organics Private Limited, Pradhan Buildcon Private Limited, Chhattisgarh Packagerrs Pvt. Ltd, Fasys Enterprises Private Limited, Sacc Innovative Systems Private Limited and 5 more, all in the same principal business activity (retail trading).
Ashutosh Dilip Mahajan was appointed as Director on 11 Aug 2016. Harish Nathu Kawale was appointed as Director on 11 Aug 2016.

