
Instabasket India Private Limited
About Instabasket India Private Limited
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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
Recognitions & Rankings of Instabasket India
Contact details
Instabasket India Private Limited's registered office is in Mangalore, Karnataka.
- Registered AddressC/O Jasintha Pinto Jacinth Cottage St. Dominic Church Road Ashok Nagar, Mangalore, Karnataka, India – 575006
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Instabasket 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 Instabasket India Private Limited, buy the company report.
Financials of Instabasket India Private Limited
FY 2021 filings availableInstabasket India Private Limited reported revenue of ₹1.38 Cr for FY 2021.
Financial Statement Summary
| Metrics | FY 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
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.9% |
| Net Profit Margin | 4.6% |
| 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 | |
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| Inventory Days | |
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| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yatheesha Kuntrodi Sundara Also directs: Yaticorp India Private Limited, Kalpuga Private Limited | Director | 08 May 2020 | 6 Years 5 Months | Current |
| Yashaswi Kuntrodimajalu Sundara Shetty Also directs: Yaticorp India Private Limited | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2023 | 100665927 | Canara Bank | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Instabasket 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 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI6360K1Z5 | Karnataka | Active | 14 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.
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:
- Yatheesha Kuntrodi Sundara - Director
- Yashaswi Kuntrodimajalu Sundara Shetty - Director
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.