Frugal Sphere Private Limited
About Frugal Sphere Private Limited
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Frugal Sphere Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. 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 manufacturing segment of the healthcare sector. It was incorporated on 29 March 2019.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U33100MP2019PTC048219.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shailesh Patidar and Trimbak Kawdikar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat No. 403 10 Malwa Tower Old Palasia, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2022, the company reported a revenue of ₹65,200, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1,800 (net margin 2.8%) and EBITDA of ₹3,700 (EBITDA margin 5.7%).
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- Registered AddressFlat No. 403 10 Malwa Tower Old Palasia, Indore, Madhya Pradesh, India – 452001
- IndustryHealthcare, Manufacturing, Medical Appliances And Instruments
- 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
- One PDF report, delivered after checkout
Business Activity of Frugal Sphere Private Limited
The main business activity of Frugal Sphere is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Frugal Sphere Private Limited FY 2022 filings available
Frugal Sphere Private Limited reported revenue of ₹65,200 (up 240% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Frugal Sphere Private Limited
Revenue rose 240% in the latest year. EBITDA rose 106% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Frugal Sphere Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹3,700 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,800 | •••• | •••• | •••• |
| 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 of Frugal Sphere Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Frugal Sphere are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Frugal Sphere Private Limited
Frugal Sphere Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bloombotics Private Limited | ₹65,275 (FY 2020) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Tirrent Global Private Limited | ₹65,254 (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Miho Innovations Private Limited | ₹65,250 (FY 2025) | •••• | •••• | -97.0% | •••• | Ahmedabad, Gujarat, India |
| Georgian Digital Private Limited | ₹65,243 (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Peepalhub Info Systems Private Limited | ₹65,232 (FY 2020) | •••• | •••• | •••• | Kakinada, Andhra Pradesh, India | |
| Frugal Sphere Private Limited this company | ₹65,200 (FY 2022) | •••• | •••• | 240.0% | •••• | Indore, Madhya Pradesh, India |
| Brightstar Solutions Private Limited | ₹65,166 (FY 2016) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Rayon Technology Solutions Private Limited | ₹65,008 (FY 2018) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Nacs Industries Private Limited | ₹65,000 (FY 2017) | •••• | •••• | 2597.0% | •••• | New Delhi, Delhi, India |
| Designs Diversity Private Limited | ₹65,000 (FY 2025) | •••• | •••• | -67.0% | •••• | Noida, Uttar Pradesh, India |
| Ksquare Intelligence Private Limited | ₹65,000 (FY 2025) | •••• | •••• | 18.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Frugal Sphere by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Frugal Sphere Private Limited
Frugal Sphere has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Patidar | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Trimbak Kawdikar | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Frugal Sphere Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Frugal Sphere Private Limited
Frugal Sphere Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Frugal Sphere Private Limited
Employment history and EPFO contributions of people linked to Frugal Sphere.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Frugal Sphere Private Limited
Frugal Sphere Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Shrishail Mukund Hamine ceased to be Director on 01 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Frugal Sphere Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Frugal Sphere Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Frugal Sphere Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Frugal Sphere Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Frugal Sphere Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Frugal Sphere Private Limited
Frugal Sphere 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.
Frugal Sphere is a company pending strike off, currently registered as a private limited company based in Indore, Madhya Pradesh, India. The company works in manufacturing, within the healthcare industry. It was incorporated on 29 March 2019 and is registered under CIN U33100MP2019PTC048219. The company may be struck off soon - caution is advised.
Frugal Sphere has 2 current directors:
- Shailesh Patidar - Director
- Trimbak Kawdikar - Director
The CIN (Corporate Identification Number) of Frugal Sphere is U33100MP2019PTC048219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frugal Sphere was incorporated on 29 March 2019. It is registered with the Registrar of Companies, Gwalior.
Yes, Frugal Sphere is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Frugal Sphere is at Flat No. 403 10 Malwa Tower Old Palasia, Indore, Madhya Pradesh, India – 452001.
Frugal Sphere reported revenue of ₹65,200 for FY 2022 (up 240% YoY).
Frugal Sphere has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Frugal Sphere reported a net profit of ₹1,800 (net margin 2.8%) and EBITDA of ₹3,700 (EBITDA margin 5.7%) for FY 2022, as per its filed financial statements.
Frugal Sphere operates in the healthcare industry, in the manufacturing segment.