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Kult App Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.18 Cr
▲ 9420% YoY
Net loss · FY 2023
₹60.35 Cr
Latest filing
EBITDA · FY 2023
-₹59.39 Cr
Latest filing
Authorised capital
₹7.5 Lakh
Registered with MCA
Paid-up capital
₹2.91 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
133
Provident fund records
Directors on board
2
As per MCA filings
About Kult App Private Limited
Data last updated:
Kult App Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online cosmetics retail segment of the e-commerce sector. It was incorporated on 15 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2021PTC359001. Its GSTIN is 27AAICK7413N1Z2 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7.5 Lakh and a paid-up capital of ₹2.91 Lakh. It is led by directors Karishma Singh and Devesh Singh.
Its last annual general meeting (AGM) was held on 14 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹60.35 Cr and EBITDA of -₹59.39 Cr.
The company has about 133 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kult. Court records list 7 cases involving the company, including 7 filed against it; 5 cases are pending. The company has 2 deals on record (2 rights issues); the latest was in April 2022. Its 3 peer companies in the Ecommerce and Internet industry (Cosmetics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 1 smaller; the largest is Orbit Hyg Cosmetics Exports Private Limited with revenue of ₹2.28 Cr. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 95 overdue payments to 9 micro and small suppliers.
Kult App Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0220142). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kult.app.
Company details
CIN U24290MH2021PTC359001
Registration Number 359001
Incorporation Date 15 April 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 14 November 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0220142
Key People
Karishma Singh Director Devesh Singh Director Recognitions & Rankings of Kult App
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0220142
Contact details
Kult App Private Limited's registered office is in Mumbai, Maharashtra. Its website is kult.app. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address2091 Caesar Business Center Pvt. Ltd Level 2, Western Heights Jp Road Opp Gurudwara Bunglows Village Ambivali, Mumbai, Maharashtra, India – 400053
- IndustryE-Commerce, Online Cosmetics Retail
To see the full contact details of Kult App Private Limited, buy the company report.
Comprehensive company report
Kult App 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
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Business activity
The main business activity of Kult App is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Kult App Private Limited, buy the company report.
Financials of Kult App Private Limited
FY 2023 filings availableKult App Private Limited reported revenue of ₹2.18 Cr (up 9420% YoY) for FY 2023.
Revenue · FY 2023
₹2.18 Cr ▲ 9420%
Net loss · FY 2023
₹60.35 Cr
EBITDA · FY 2023
-₹59.39 Cr
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.18 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹59.39 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹60.35 Cr | |
| 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Kult App Private Limited, buy the company report.
Board of directors of Kult App Private Limited
Kult App has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karishma Singh | Director | 15 Apr 2021 | 5 Years 6 Months | Current |
| Devesh Singh Also directs: Ry Management LLP | Director | 30 Aug 2021 | 5 Years 1 Months | Current |
Peer comparison
Kult App Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Cosmetics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orbit Hyg Cosmetics Exports Private Limited | ₹2.28 Cr (FY 2024) | 14.0% | Ghaziabad, Uttar Pradesh, India | |||
| Adore Cosmetics Private Limited | ₹2.25 Cr (FY 2025) | 115.0% | Mumbai, Maharashtra, India | |||
| Kult App Private Limitedthis company | ₹2.18 Cr (FY 2023) | -₹60.35 Cr | 9420.0% | 133 | Mumbai, Maharashtra, India | |
| Venus Drugs and Cosmetics Limited | ₹2.1 Cr (FY 2020) | 179.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Kult App Private Limited, buy the company report.
Auditor
Kult App Private Limited is audited by Kedia & Agrawal for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kedia & Agrawal | FY 2023 | 140989W |
Shareholding
The shareholding of Kult App Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kult App Private Limited, buy the company report.
Deals & funding
Kult App Private Limited has 2 deals on record (2 rights issues); the latest was in April 2022.
Total deals
2
Rights issues
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Rights issue | ₹14.28 Cr | Investors: RY Holding |
| Apr 2021 | Rights issue | ₹6.03 Cr | Investors: RY Holding |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kult App Private Limited has 7 court cases on record: 7 filed against it. 5 cases are pending and 2 are disposed.
Total cases
7
Filed against the company
7
Pending
5
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 5 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Apm Terminals India Private Limited Ms Isha Vishwakarma Authorized Representative | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Mazhar Khan Authorized Signatory Optisupply Chain Solution Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Neuzen Finance Private Limited Through Its Authorized Representative Ms Krutika Sunil Karia | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by KJK Ventura Consultancy LLP Through Its Partner Mr Kailash Bhanji Patel | Pending |
| High Court | Court case (CARBP) | Filed against the company by Edaline International Private Limited Khan Haseena Bano Mohd Azim | Disposed |
To see the full case history of Kult App Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Kult App Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 95 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Lyxel Labs Private Limited | |||
| Vega Solutions Private Limited | |||
| Statcomp Technology Private Limited | |||
| Optisupply Chain Solution Private Limited |
To see the full MSME payment records of Kult App Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kult App Private Limited has a workforce of 133 employees on its EPFO records as of Mar 20, 2024, across 1 active EPFO establishment.
Employee count
133
Active EPFO establishments
1
Employee growth
16.67%
GST
Kult App has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICK7413N1Z2 | Maharashtra | Active | 28 Jul 2021 |
| 06AAICK7413N1Z6 | Haryana | Active | 02 Feb 2023 |
To see the full GST registrations and return filing status of Kult App Private Limited, buy the company report.
Recent activity
Kult App Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Devesh Singh ceased to be Additional Director on 15 Oct 2022.
AGM
Kult App Private Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.
Filing
Kult App Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Devesh Singh ceased to be Additional Director.
Ceased
Akshay Khare ceased to be Director.
Appointed
Devesh Singh was appointed as Director.
Appointed
Karishma Singh was appointed as Director.
Incorporation
15 Apr 2021
Kult App Private Limited was registered on 15 Apr 2021 with Roc Mumbai & aged 5 years 6 months as per MCA records.
News
Frequently asked questions
Kult App is an active private limited company based in Mumbai, Maharashtra, India. The company works in online cosmetics retail, within the e-commerce industry. It was incorporated on 15 April 2021 (5+ years old) and is registered under CIN U24290MH2021PTC359001.
Kult App has 2 current directors:
- Karishma Singh - Director
- Devesh Singh - Director
The latest financial statements of Kult App on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 14 November 2023. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Kult App is 27AAICK7413N1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAICK7413N1Z6 (Haryana).
The CIN (Corporate Identification Number) of Kult App is U24290MH2021PTC359001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kult App has 7 court cases on record: 7 filed against it. 5 are pending. Most are in the district courts.
Kult App was incorporated on 15 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Kult App has 2 deals on record (2 rights issues); the latest was in April 2022.
The peers of Kult App by revenue are Orbit Hyg Cosmetics Exports Private Limited, Adore Cosmetics Private Limited, Venus Drugs and Cosmetics Limited, all in the Ecommerce and Internet industry (Cosmetics), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Devesh Singh ceased to be Additional Director on 15 Oct 2022. Akshay Khare ceased to be Director on 30 Aug 2021. Devesh Singh was appointed as Director on 30 Aug 2021. Kult App has 4 board changes on record in total.
Yes, Kult App is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Kult App is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0220142).