About Fusion Cosmeceutics Private Limited
Data last updated:
Fusion Cosmeceutics Private Limited was a private limited company based in Delhi, India, operated as a subsidiary of Honasa Consumer Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the personal care and skincare products segment of the FMCG sector. It was incorporated on 30 June 2003.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U24230DL2003PTC423473. Its GSTIN is 07AAACF8299H1Z8 (Delhi). The company held 15 GST registrations, of which 14 are active.
The company had an authorised share capital of ₹2.05 Cr and a paid-up capital of ₹1.89 Cr. It was led by directors including Varun Alagh and Ghazal Alagh.
Its last annual general meeting (AGM) was held on 23 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Unit 404 4th Floor City Centre Plot No 05, Sector 12 Dwarka New Delhi – 110075, Delhi, India – 110075.
As per the financials filed for FY 2024, the company reported a revenue of ₹112.39 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.98 Cr (net margin -3.5%) and EBITDA of -₹2.96 Cr (EBITDA margin -2.6%). Revenue has grown at a compounded annual rate (CAGR) of 191% over three years and 127% over five years.
The company had about 21 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Dr. Sheth's. As per MCA filings, the company had open charges of ₹28.2 Lakh and satisfied charges of ₹40.62 Lakh on record. The company has 7 deals on record (3 funding rounds, 2 acquisitions, 2 secondary share transfers), with disclosed funding of ₹14.2 Cr; the latest was in April 2022. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 100 overdue payments to 26 micro and small suppliers.
The last known website on record is drsheths.com.
Company details
CIN history
Fusion Cosmeceutics has one previous CIN (Corporate Identification Number): U24230MH2003PTC141101. The current CIN is U24230DL2003PTC423473, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230DL2003PTC423473 | Current |
| U24230MH2003PTC141101 | Previous |
Contact details
Fusion Cosmeceutics Private Limited's registered office is in Delhi, Delhi. Its website is drsheths.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit 404 4th Floor City Centre Plot No 05, Sector 12 Dwarka New Delhi – 110075, Delhi, India – 110075
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Fusion Cosmeceutics 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
Fusion Cosmeceutics operates one associated brand: Dr. Sheth's. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Skincare products are manufactured for diverse skin types and concerns. | drsheths.com |
Business activity
The main business activity of Fusion Cosmeceutics 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 Fusion Cosmeceutics Private Limited, buy the company report.
Financials of Fusion Cosmeceutics Private Limited
FY 2024 filings availableFusion Cosmeceutics Private Limited reported revenue of ₹112.39 Cr (up 314% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 127% over five years, including 314% growth in the latest year. EBITDA rose 78% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.98 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.6% | ||||
| Net Profit Margin | -3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Fusion Cosmeceutics Private Limited, buy the company report.
Board of directors of Fusion Cosmeceutics Private Limited
Fusion Cosmeceutics has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Alagh | Director | 07 Apr 2022 | 4 Years 6 Months | As last reported |
| Ghazal Alagh | Director | 04 Jul 2023 | 3 Years 3 Months | As last reported |
| Raman Preet Sohi Also directs: BTM Ventures Private Limited, Honasa Health Private Limited, B:Blunt-Spratt Hairdressing Private Limited and 1 more | Director | 15 Jul 2022 | 4 Years 3 Months | As last reported |
| Master Zairus Also directs: Helios Lifestyle Limited | Director | 21 Jul 2023 | 3 Years 3 Months | As last reported |
Auditor
Fusion Cosmeceutics Private Limited is audited by SHARP & TANNAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARP & TANNAN | FY 2023 | 000452N |
Shareholding
The shareholding of Fusion Cosmeceutics 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 Fusion Cosmeceutics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2021 | 100446599 | Others | ₹40.62 Lakh | Satisfied |
To see the full charge records of Fusion Cosmeceutics Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Fusion Cosmeceutics Private Limited has 7 deals on record (3 funding rounds, 2 acquisitions, 2 secondary share transfers), with disclosed funding of ₹14.2 Cr; the latest was in April 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Acquisition | ₹32.14 Cr | Buyer: Honasa Consumer Limited Seller: Acg Associated Capsules Private Limited , 3 individuals |
| Apr 2022 | Funding round | ₹10 Cr | Investors: Honasa Consumer Limited |
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: Acg Associated Capsules Private Limited , 2 individuals Seller: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2019 | Funding round | ₹3.21 Cr | Investors: Acg Associated Capsules Private Limited , 3 individuals |
To see the full deal history of Fusion Cosmeceutics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Fusion Cosmeceutics 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
Fusion Cosmeceutics Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 100 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| NRB Trans Private Limited | |||
| an individual supplier | |||
| Iplix Media LLP | |||
| Chatterbox Technologies Limited |
To see the full MSME payment records of Fusion Cosmeceutics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fusion Cosmeceutics Private Limited has a workforce of 21 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Fusion Cosmeceutics has 15 GST registrations: 14 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACF8299H1Z8 | Delhi | Active | 02 May 2024 |
| 27AAACF8299H1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 36AAACF8299H1Z7 | Telangana | Active | 26 Jun 2021 |
| 19AAACF8299H1Z3 | West Bengal | Active | 02 Jul 2021 |
To see the full GST registrations and return filing status of Fusion Cosmeceutics Private Limited, buy the company report.
Recent activity
Fusion Cosmeceutics Private Limited has 12 board changes on record since 2015: 4 appointments and 8 cessations. The latest: Ghazal Alagh ceased to be Additional Director on 21 Sep 2023.
5 earlier events are in the company report.
Frequently asked questions
Fusion Cosmeceutics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Fusion Cosmeceutics was a private limited company based in Delhi, India. The company worked in personal care and skincare products, within the FMCG industry. It was incorporated on 30 June 2003 and is registered under CIN U24230DL2003PTC423473. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Fusion Cosmeceutics was incorporated on 30 June 2003. It is registered with the Registrar of Companies, Delhi.
Fusion Cosmeceutics had 4 directors:
- Varun Alagh - Director
- Ghazal Alagh - Director
- Raman Preet Sohi - Director
- Master Zairus - Director
The CIN (Corporate Identification Number) of Fusion Cosmeceutics is U24230DL2003PTC423473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Fusion Cosmeceutics is at Unit 404 4th Floor City Centre Plot No 05, Sector 12 Dwarka New Delhi – 110075, Delhi, India – 110075.
Fusion Cosmeceutics can be reached through the website drsheths.com. Its registered office is in Delhi, India.
The latest financial statements of Fusion Cosmeceutics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fusion Cosmeceutics is 07AAACF8299H1Z8, registered in Delhi. The company has 15 GST registrations in all, of which 14 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACF8299H1Z6 (Maharashtra), 36AAACF8299H1Z7 (Telangana), 19AAACF8299H1Z3 (West Bengal).
Fusion Cosmeceutics operated in the FMCG industry, in the personal care and skincare products segment.
Fusion Cosmeceutics has 7 deals on record (3 funding rounds, 2 acquisitions, 2 secondary share transfers), with disclosed funding of ₹14.2 Cr; the latest was in April 2022.