Instabasket India Private Limited

Instabasket India Private Limited - e-commerce in Mangalore, Karnataka, India. Directors, charges & compliance details.
CIN U51909KA2020PTC134065 Incorporated 08 May 2020 ROC Bangalore HQ Mangalore, Karnataka, India
Active Private Limited Company e-commerce Startup India
Data last updated
Revenue · FY 2021
₹1.38 Cr
Latest filing
Net profit · FY 2021
₹6.31 Lakh
Net margin 4.6%
EBITDA · FY 2021
₹6.72 Lakh
EBITDA margin 4.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings

About Instabasket India Private Limited

Data last updated:

Instabasket India Private Limited is a private limited company based in Mangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 08 May 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2020PTC134065. Its GSTIN is 29AAFCI6360K1Z5 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yatheesha Kuntrodi Sundara and Yashaswi Kuntrodimajalu Sundara Shetty.

Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C/O Jasintha Pinto Jacinth Cottage St. Dominic Church Road Ashok Nagar, Mangalore, Karnataka, India – 575006.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.38 Cr. For the same year it recorded a net profit of ₹6.31 Lakh (net margin 4.6%) and EBITDA of ₹6.72 Lakh (EBITDA margin 4.9%).

As per MCA filings, the company has open charges of ₹1 Cr on record.

Company details

CIN U51909KA2020PTC134065
Registration Number 134065
Incorporation Date 08 May 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Instabasket India

Startup India Government of India

Contact details

Instabasket India Private Limited's registered office is in Mangalore, Karnataka.

  • Registered Address
    C/O Jasintha Pinto Jacinth Cottage St. Dominic Church Road Ashok Nagar, Mangalore, Karnataka, India – 575006
  • Industry
    E-Commerce, General E-Commerce Platforms
Comprehensive company report
Instabasket India Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Instabasket India is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Instabasket India Private Limited, buy the company report.

Financials of Instabasket India Private Limited

FY 2021 filings available

Instabasket India Private Limited reported revenue of ₹1.38 Cr for FY 2021.

Revenue · FY 2021
₹1.38 Cr
Net profit · FY 2021
₹6.31 Lakh margin 4.6%
EBITDA · FY 2021
₹6.72 Lakh margin 4.9%

Financial Statement Summary

MetricsFY 2020-21
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₹6.72 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.31 Lakh
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

MetricsFY 2020-21
Profitability
EBITDA Margin4.9%
Net Profit Margin4.6%
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

To see the full financial statements and ratios of Instabasket India Private Limited, buy the company report.

Board of directors of Instabasket India Private Limited

Instabasket India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yatheesha Kuntrodi SundaraDirector08 May 20206 Years 5 MonthsCurrent
Yashaswi Kuntrodimajalu Sundara ShettyDirector17 Jan 20224 Years 9 MonthsCurrent

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Jan 2023100665927Canara Bank₹1 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Instabasket India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Instabasket India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCI6360K1Z5KarnatakaActive14 May 2020

To see the full GST registrations and return filing status of Instabasket India Private Limited, buy the company report.

Recent activity

Instabasket India Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Devadas Shetty ceased to be Director on 28 Apr 2022.

Charges
A charge with Canara Bank amounted to Rs. 100.00 Lakh with Charge ID 100665927 was registered on 05 Jan 2023.
Ceased
Devadas Shetty ceased to be Director.
Appointed
Yashaswi Kuntrodimajalu Sundara Shetty was appointed as Director.
AGM
Instabasket India Private Limited last Annual general meeting of members was held on 31 Dec 2021 as per latest MCA records.
Ceased
Filing
Instabasket India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Appointed
Yatheesha Kuntrodi Sundara was appointed as Director.
Incorporation
08 May 2020
Instabasket India Private Limited was registered on 08 May 2020 with Roc Bangalore & aged 6 years 5 months as per MCA records.

Frequently asked questions

Instabasket India is an active private limited company based in Mangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 08 May 2020 (6+ years old) and is registered under CIN U51909KA2020PTC134065.

Instabasket India has 2 current directors:

The latest financial statements of Instabasket India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Instabasket India is 29AAFCI6360K1Z5, registered in Karnataka.

The CIN (Corporate Identification Number) of Instabasket India is U51909KA2020PTC134065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Instabasket India was incorporated on 08 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Devadas Shetty ceased to be Director on 28 Apr 2022. Yashaswi Kuntrodimajalu Sundara Shetty was appointed as Director on 17 Jan 2022. Yashaswi Kuntrodimajalu Sundara Shetty ceased to be Director on 30 Nov 2021. Instabasket India has 4 board changes on record in total.

Yes, Instabasket India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Instabasket India is at CO Jasintha Pinto Jacinth Cottage St. Dominic Church Road Ashok Nagar, Mangalore, Karnataka, India – 575006.

Instabasket India operates in the e-commerce industry, in the general e-commerce platforms segment.