Multifit Wellness Private Limited

Multifit Wellness Private Limited - health and wellness services in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900PN2015PTC155684 Incorporated 06 July 2015 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company health and wellness services MSME · Small
Data last updated
Revenue · FY 2023
₹7.24 Cr
▲ 96% YoY
Net loss · FY 2023
₹65.82 Lakh
Net margin -9.1%
EBITDA · FY 2023
-₹46.71 Lakh
EBITDA margin -6.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹20.34 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
81
Provident fund records

About Multifit Wellness Private Limited

Data last updated:

Multifit Wellness Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the fitness centers and gyms segment of the health and wellness sector. It was incorporated on 06 July 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2015PTC155684. Its GSTIN is 27AAJCM8425H1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Pankaj Sukhdev Sharma and Neeraj Sukhdev Sharma.

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 Office 101 Shalimar Triuph S 199/204 Viman Nagar Lhogaon, Pune, Maharashtra, India – 411014.

As per the financials filed for FY 2023, the company reported a revenue of ₹7.24 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net loss of ₹65.82 Lakh (net margin -9.1%) and EBITDA of -₹46.71 Lakh (EBITDA margin -6.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 14% over five years.

The company has about 81 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.

The company is associated with 1 brand: Multifit. As per MCA filings, the company has open charges of ₹20.34 Lakh on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 9 cases are pending. The company has 9 deals on record (7 secondary share transfers, 1 rights issue, 1 acquisition); the latest was in March 2022. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 14 overdue payments to 3 micro and small suppliers.

Multifit Wellness Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0033745). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multifit.in.

Company details

CIN U74900PN2015PTC155684
Registration Number 155684
Incorporation Date 06 July 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0033745
Key People
Pankaj Sukhdev Sharma Director Neeraj Sukhdev Sharma Director

Recognitions & Rankings of Multifit Wellness

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0033745

Contact details

Multifit Wellness Private Limited's registered office is in Pune, Maharashtra. Its website is multifit.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    multifit.in
  • Social Media
  • Registered Address
    Office 101 Shalimar Triuph S 199/204 Viman Nagar Lhogaon, Pune, Maharashtra, India – 411014
  • Industry
    Health and Wellness Services, Fitness Centers & Gyms

To see the full contact details of Multifit Wellness Private Limited, buy the company report.

Comprehensive company report
Multifit Wellness 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

Brands

Multifit Wellness operates one associated brand: Multifit. Each brand links to its own profile.

BrandDescriptionWebsite
Multifit
Chain of fitness centersmultifit.in

Business activity

The main business activity of Multifit Wellness is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
RArts, entertainment and recreationR4Sports, amusement and recreation activities

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

Financials of Multifit Wellness Private Limited

FY 2024 filings available

Multifit Wellness Private Limited reported revenue of ₹7.24 Cr (up 96% YoY) for FY 2023.

Revenue · FY 2023
₹7.24 Cr ▲ 96%
Net loss · FY 2023
₹65.82 Lakh margin -9.1%
EBITDA · FY 2023
-₹46.71 Lakh margin -6.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 96%
3 years · compounded
▼ 7%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 269%
3 years · compounded
▲ 49%
5 years · compounded
▼ 20%

Revenue rose 96% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 269% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹7.24 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹46.71 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹65.82 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-6.5%
Net Profit Margin-9.1%
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 Multifit Wellness Private Limited, buy the company report.

Board of directors of Multifit Wellness Private Limited

Multifit Wellness has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pankaj Sukhdev Sharma
Also directs: Multisky Fitness LLP, Adabove Media LLP, Lexicon Knowledge LLP and 5 more
Director17 Jun 20215 Years 4 MonthsCurrent
Neeraj Sukhdev Sharma
Also directs: Adabove Media LLP, Lexicon Knowledge LLP, Lexicon Broadcasting LLP and 5 more
Director17 Jun 20215 Years 4 MonthsCurrent
View all directors

Auditor

Multifit Wellness Private Limited is audited by Baweja & Kaul Charted Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Baweja & Kaul Charted AccountantsFY 2023005834N

Shareholding

The shareholding of Multifit Wellness Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Multifit Wellness Private Limited, buy the company report.

Charges & borrowings

Open charges
₹20.34 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Jan 2017100073524Hdfc Bank Limited₹20.34 LakhOpen

To see the full charge records of Multifit Wellness Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Multifit Wellness Private Limited has 9 deals on record (7 secondary share transfers, 1 rights issue, 1 acquisition); the latest was in March 2022.

Total deals
9
Secondary share transfers
7
Rights issue
1
Acquisition
1

Deals on record (5 of 9)

WhenDealAmountParties
Mar 2022AcquisitionUndisclosedBuyer: The Lexicon Group
Mar 2019Rights issue₹99 LakhInvestors: 2 individuals
Sep 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jul 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Multifit Wellness Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Multifit Wellness Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 14 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
New Globe Logistik LLP
Inbody India Private Limited
Scoperta Apparel and Merchandise Private Limited

To see the full MSME payment records of Multifit Wellness Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Multifit Wellness has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

5
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Multifit Academy of Triathlon and Endurance Sports Private LimitedU74999PN2016PTC166541
Numero Uno Elite Fitness Private LimitedU74999PN2017PTC167878
Shamsher Wellness Private LimitedU74999PN2017PTC170056
Street Workout and Calisthenics FoundationU85190PN2017NPL172408
Multifit Exercise Science Academy Private LimitedU85190PN2019PTC186300

To see the full group structure of Multifit Wellness Private Limited, buy the company report.

Employees & EPFO

Multifit Wellness Private Limited has a workforce of 81 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
81
Active EPFO establishments
1
Employee growth
26.56%

GST

Multifit Wellness has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAJCM8425H1Z6MaharashtraActive01 Jul 2017
29AAJCM8425H1Z2KarnatakaActive04 Mar 2023

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

Recent activity

Multifit Wellness Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Neeraj Sukhdev Sharma ceased to be Additional Director on 30 Sep 2022.

AGM
Multifit Wellness Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Multifit Wellness Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Neeraj Sukhdev Sharma ceased to be Additional Director.
Ceased
Pankaj Sukhdev Sharma ceased to be Additional Director.
Appointed
Neeraj Sukhdev Sharma was appointed as Director.
Appointed
Pankaj Sukhdev Sharma was appointed as Director.
Ceased
Sally Elizabeth Jones ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 0.20 Cr registered on 10 Jan 2017 with Charge ID 100073524 was modified on 01 Dec 2020.
Ceased
Samir Kapoor ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100073524 was registered on 10 Jan 2017.
Ceased
Rajat Rana ceased to be Director.
Ceased
Manisha Rana ceased to be Director.

1 earlier event is in the company report.

News

Frequently asked questions

Multifit Wellness is an active private limited company based in Pune, Maharashtra, India. The company works in fitness centers and gyms, within the health and wellness services industry. It was incorporated on 06 July 2015 (11+ years old) and is registered under CIN U74900PN2015PTC155684.

Multifit Wellness has 2 current directors:

The latest financial statements of Multifit Wellness 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 2016 are in the company report.

The GSTIN of Multifit Wellness is 27AAJCM8425H1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAJCM8425H1Z2 (Karnataka).

The CIN (Corporate Identification Number) of Multifit Wellness is U74900PN2015PTC155684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Multifit Wellness has 13 court cases on record: 4 filed by the company and 9 filed against it. 9 are pending.

Multifit Wellness was incorporated on 06 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.

Multifit Wellness has 9 deals on record (7 secondary share transfers, 1 rights issue, 1 acquisition); the latest was in March 2022.

Neeraj Sukhdev Sharma ceased to be Additional Director on 30 Sep 2022. Pankaj Sukhdev Sharma ceased to be Additional Director on 30 Sep 2022. Neeraj Sukhdev Sharma was appointed as Director on 17 Jun 2021. Multifit Wellness has 8 board changes on record in total.

Yes, Multifit Wellness is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0033745).

Multifit Wellness has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 14 overdue payments to 3 micro and small suppliers. The latest return was filed on 09 Jul 2019.