
About Samasth Living Private Limited
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Samasth Living Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the real estate financing segment of the financial services sector. It was incorporated on 22 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2019PTC129943. Its GSTIN is 33ABCCS9623D1ZI (Tamil Nadu). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.59 Lakh. It is led by directors including Abhishek Tripathi and Bharath Bhaskar.
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 is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.3 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net loss of ₹14.9 Cr (net margin -47.6%) and EBITDA of -₹14.24 Cr (EBITDA margin -45.5%). Revenue has grown at a compounded annual rate (CAGR) of 203% over three years.
The company has about 65 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Settl. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹2.45 Cr on record. Court records list 27 cases involving the company, including 3 filed by the company and 24 filed against it; 9 cases are pending. The company has 10 deals on record (4 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹14.96 Cr; the latest was in April 2024.
Samasth Living Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0082774). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thesettl.com.
Company details
Recognitions & Rankings of Samasth Living
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0082774
Contact details
Samasth Living Private Limited's registered office is in Bangalore, Karnataka. Its website is thesettl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVo – 684 Wework Prestige Atlanta Software Industry, No 10/12 80 Feet Main Road Koramangala 1A Block, Bangalore, Karnataka, India – 560034
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Samasth Living 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
Samasth Living operates one associated brand: Settl. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coliving spaces are offered for affordable and community-focused living. | thesettl.com |
Business activity
The main business activity of Samasth Living is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Samasth Living Private Limited, buy the company report.
Financials of Samasth Living Private Limited
FY 2024 filings availableSamasth Living Private Limited reported revenue of ₹31.3 Cr (up 104% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 203% over three years, including 104% growth in the latest year. EBITDA fell 153% 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 | -₹14.24 Cr | ||||
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| Net Profit (PAT) | -₹14.9 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -45.5% | ||||
| Net Profit Margin | -47.6% | ||||
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To see the full financial statements and ratios of Samasth Living Private Limited, buy the company report.
Board of directors of Samasth Living Private Limited
Samasth Living has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Himatbhai Sarkhedi Also directs: Bagmar Nila Projects (Udaipur) LLP, Bagmar Nila Projects (Jodhpur) LLP, Nila Spaces Limited and 5 more | Nominee Director | 11 Jul 2023 | 3 Years 3 Months | Current |
| Abhishek Tripathi | Director | 22 Nov 2019 | 6 Years 11 Months | Current |
| Bharath Bhaskar | Director | 28 May 2020 | 6 Years 5 Months | Current |
Auditor
Samasth Living Private Limited is audited by Jain Gupta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain Gupta & Co. | FY 2023 | 016799S |
Shareholding
The shareholding of Samasth Living Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Samasth Living Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2024 | 100934271 | Others | ₹1 Cr | Satisfied | |
| 13 Jul 2022 | 100601671 | Others | ₹54.5 Lakh | Satisfied | |
| 28 Dec 2021 | 100552122 | Others | ₹40 Lakh | Satisfied | |
| 30 Aug 2021 | 100507253 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Samasth Living Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Samasth Living Private Limited has 10 deals on record (4 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹14.96 Cr; the latest was in April 2024.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Debt financing | ₹1 Cr | Investors: Varanium Capital |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Inflection Point Ventures |
| Jan 2023 | Funding round · Pre-Series A | ₹10.67 Cr | Investors: Gruhas, Inflection Point Ventures, Nila Spaces Limited , an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: We Founder Circle |
| Dec 2021 | Funding round · Seed | ₹1.31 Cr | Investors: We Founder Circle, RKG Enterprises Pvt.Ltd. , 2 individuals |
To see the full deal history of Samasth Living 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
Samasth Living Private Limited has 27 court cases on record: 3 filed by Samasth Living, 24 filed against it. 9 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 24 | 9 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Maruthi Plastics Udyog Pvt Ltd | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by Instaveritas India Private Limited | Disposed |
| District court, South East, Delhi | Court case (RP) | Filed against the company by Instaveritas India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Maruthi Plastics Udyog Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Ardor Living Private Limited Alias Skep Co Living | Disposed |
To see the full case history of Samasth Living 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
No delayed payments to MSME suppliers are on our record for Samasth Living Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Samasth Living has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Samasth Property Management Private Limited | U70200KA2022PTC169585 |
To see the full group structure of Samasth Living Private Limited, buy the company report.
Employees & EPFO
Samasth Living Private Limited has a workforce of 65 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Samasth Living has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABCCS9623D1ZI | Tamil Nadu | Active | 08 Apr 2024 |
To see the full GST registrations and return filing status of Samasth Living Private Limited, buy the company report.
Recent activity
Samasth Living Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Ashok Reddy Sagar . . ceased to be Director on 31 May 2024.
3 earlier events are in the company report.
News
Frequently asked questions
Samasth Living is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 22 November 2019 (7+ years old) and is registered under CIN U45400KA2019PTC129943.
Samasth Living has 3 current directors:
- Prashant Himatbhai Sarkhedi - Nominee Director
- Abhishek Tripathi - Director
- Bharath Bhaskar - Director
The latest financial statements of Samasth Living 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 2020 are in the company report.
The GSTIN of Samasth Living is 33ABCCS9623D1ZI, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Samasth Living is U45400KA2019PTC129943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samasth Living has 27 court cases on record: 3 filed by the company and 24 filed against it. 9 are pending.
Samasth Living was incorporated on 22 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Samasth Living has 10 deals on record (4 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹14.96 Cr; the latest was in April 2024.
Ashok Reddy Sagar . ceased to be Director on 31 May 2024. Prashant Himatbhai Sarkhedi was appointed as Nominee Director on 11 Jul 2023. Bharath Bhaskar was appointed as Director on 28 May 2020. Samasth Living has 4 board changes on record in total.
Yes, Samasth Living is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

