Future Ride India Private Limited
About Future Ride India Private Limited
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Future Ride India Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified business activities segment of the business services sector. It was incorporated on 03 August 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105284. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sunitha Benni and Preethi Raddi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 20/2 Srinivasa Signature Flat No. 205 Kaigoudarahalli Bellandur, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.14 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹51,438 (net margin 5.6%) and EBITDA of ₹1.31 Lakh (EBITDA margin 14.3%).
Company details
Contact details
Future Ride India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address20/2 Srinivasa Signature Flat No. 205 Kaigoudarahalli Bellandur, Bangalore, Karnataka, India – 560103
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Future Ride 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
Business activity
The main business activity of Future Ride India is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
Financials of Future Ride India Private Limited
FY 2024 filings availableFuture Ride India Private Limited reported revenue of ₹9.14 Lakh (down 26% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year. EBITDA rose 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹9.14 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.31 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹51,438 | ||
| 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 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14.3% | ||
| Net Profit Margin | 5.6% | ||
| 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 | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Future Ride India Private Limited, buy the company report.
Board of directors of Future Ride India Private Limited
Future Ride 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 |
|---|---|---|---|---|
| Sunitha Benni | Director | 03 Aug 2017 | 9 Years 2 Months | As last reported |
| Preethi Raddi | Director | 03 Dec 2022 | 3 Years 10 Months | As last reported |
Legal cases
No court or tribunal cases involving Future Ride 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 Future Ride India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Future Ride India 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 Future Ride India Private Limited, buy the company report.
Recent activity
Future Ride India Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Nagraj Basalingappa Raddi ceased to be Director on 03 Dec 2022.
Frequently asked questions
Future Ride India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Future Ride India was a private limited company based in Bangalore, Karnataka, India. The company worked in miscellaneous business activities, within the business services industry. It was incorporated on 03 August 2017 and is registered under CIN U74999KA2017PTC105284. The company has been struck off by the Registrar of Companies and is no longer operational.
Future Ride India had 2 directors:
- Sunitha Benni - Director
- Preethi Raddi - Director
The CIN (Corporate Identification Number) of Future Ride India is U74999KA2017PTC105284. 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 Future Ride India is at 202 Srinivasa Signature Flat No. 205 Kaigoudarahalli Bellandur, Bangalore, Karnataka, India – 560103.
Future Ride India was incorporated on 03 August 2017. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Future Ride India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
No. Future Ride India has 1 GST registration on record and it is cancelled or inactive.
Future Ride India operated in the business services industry, in the miscellaneous business activities segment. It worked in this industry before it was struck off.
Nagraj Basalingappa Raddi ceased to be Director on 03 Dec 2022. Preethi Raddi was appointed as Director on 03 Dec 2022. Nagraj Basalingappa Raddi was appointed as Director on 03 Aug 2017. Future Ride India has 4 board changes on record in total.