About Funplates India Private Limited
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Funplates India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shimnit Kiwalite Industries Private Limited. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 03 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36994MH2017PTC291988. Its GSTIN is 27AADCF0274B1Z4 (Maharashtra). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Dhruv Manoj Patel and Ravindrakumar Shrigopal Inani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8th Floor Regent Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.31 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹62.34 Lakh and EBITDA of -₹53.87 Lakh (EBITDA margin -476.4%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 24% over five years.
The company is associated with 1 brand: Happipress. As per MCA filings, the company has satisfied charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website happipress.com.
Company details
Contact details
Funplates India Private Limited's registered office is in Mumbai, Maharashtra. Its website is happipress.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor Regent Chambers Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Funplates India 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
Funplates India operates one associated brand: Happipress. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer offering personalized gifts, accessories, and home decor products. | happipress.com |
Business activity
The main business activity of Funplates India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Funplates India Private Limited, buy the company report.
Financials of Funplates India Private Limited
FY 2025 filings availableFunplates India Private Limited reported revenue of ₹11.31 Lakh (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA fell 14% 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
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| EBITDA | -₹53.87 Lakh | ||||
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| Net Profit (PAT) | -₹62.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -476.4% | ||||
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To see the full financial statements and ratios of Funplates India Private Limited, buy the company report.
Board of directors of Funplates India Private Limited
Funplates India 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 |
|---|---|---|---|---|
| Dhruv Manoj Patel Also directs: Shah Spinners Pvt Ltd, Shimnit Infrastructures Private Limited, Greenwash Services India Private Limited and 5 more | Director | 03 Mar 2017 | 9 Years 7 Months | Current |
| Ravindrakumar Shrigopal Inani Also directs: Shah Spinners Pvt Ltd, Shimnit Infrastructures Private Limited, Greenwash Services India Private Limited and 5 more | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Funplates India Private Limited is audited by AJIT RAMCHANDRA MORE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJIT RAMCHANDRA MORE | FY 2023 | 152725 |
Shareholding
The shareholding of Funplates India 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Funplates India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2018 | 100194248 | Vijaya Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Funplates India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Funplates India 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 Funplates India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Funplates India has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF0274B1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 07AADCF0274B1Z6 | Delhi | Active | 10 Oct 2017 |
To see the full GST registrations and return filing status of Funplates India Private Limited, buy the company report.
Recent activity
Funplates India Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Ravindrakumar Shrigopal Inani was appointed as Director on 16 Jan 2024.
Frequently asked questions
Funplates India is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 03 March 2017 (9+ years old) and is registered under CIN U36994MH2017PTC291988.
Funplates India has 2 current directors:
- Dhruv Manoj Patel - Director
- Ravindrakumar Shrigopal Inani - Director
The latest financial statements of Funplates India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Funplates India is 27AADCF0274B1Z4, registered in Maharashtra. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 07AADCF0274B1Z6 (Delhi).
The CIN (Corporate Identification Number) of Funplates India is U36994MH2017PTC291988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Funplates India was incorporated on 03 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Ravindrakumar Shrigopal Inani was appointed as Director on 16 Jan 2024. Rushang Nitin Shah ceased to be Director on 16 Jan 2024. Dhruv Manoj Patel was appointed as Director on 03 Mar 2017. Funplates India has 4 board changes on record in total.
Funplates India can be reached through the website happipress.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Funplates India is at 8th Floor Regent Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
Funplates India operates in the e-commerce industry, in the general e-commerce platforms segment.