Plaeup Private Limited

Plaeup Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2020PTC131327 Incorporated 06 January 2020 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company e-commerce DPIIT Startup MSME · Small
Revenue · FY 2025
₹20.53 Cr
▲ 56% YoY
Net loss · FY 2025
₹17.29 Cr
Net margin -84.2%
EBITDA · FY 2025
-₹15.17 Cr
EBITDA margin -73.9%
Authorised capital
₹46.6 Cr
Registered with MCA
Paid-up capital
₹1.14 Lakh
Issued & subscribed
Open charges
₹2.85 Cr
Satisfied ₹3 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
29
Provident fund records

About Plaeup Private Limited

Data last updated:

Plaeup Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online footwear retail segment of the e-commerce sector. It was incorporated on 06 January 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC131327. Its GSTIN is 29AAKCP9730D1Z4 (Karnataka). The company holds 6 GST registrations, all of them active.

The company has an authorised share capital of ₹46.6 Cr and a paid-up capital of ₹1.14 Lakh. It is led by directors including Ravishankar Neelambaran Kallayil and Pavan Kareti.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹20.53 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹17.29 Cr (net margin -84.2%) and EBITDA of -₹15.17 Cr (EBITDA margin -73.9%). Revenue has grown at a compounded annual rate (CAGR) of 136% over three years.

The company has about 29 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Plaeto. As per MCA filings, the company has open charges of ₹2.85 Cr and satisfied charges of ₹3 Cr on record. The company has 10 deals on record (3 funding rounds, 3 convertible or debt financings, 2 rights issues), with disclosed funding of ₹38.31 Cr; the latest was in July 2022. The company has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 2 micro and small suppliers.

Plaeup Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0171305). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plaeto.in.

Company details

CIN U74999KA2020PTC131327
Registration Number 131327
Incorporation Date 06 January 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0171305
Key People
Ravishankar Neelambaran Kallayil Director Pavan Kareti Director Ashvin Joseph George Director

Recognitions & Rankings of Plaeup

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0171305

Contact details

Plaeup Private Limited's registered office is in Bangalore, Karnataka. Its website is plaeto.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    plaeto.in
  • Social Media
  • Registered Address
    First Floor Bbmp Khatha No. 145, Bbmp Ward No. 151 5th Block Koramangala, Bangalore, Karnataka, India – 560095
  • Industry
    E-Commerce, Online Footwear Retail

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

Comprehensive company report
Plaeup 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

Plaeup operates one associated brand: Plaeto. Each brand links to its own profile.

BrandDescriptionWebsite
Plaeto
Footwear for men, women, and children is designed and manufactured.plaeto.in

Business activity

The main business activity of Plaeup is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
GTradeG2Retail Trading

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

Financials of Plaeup Private Limited

FY 2025 filings available

Plaeup Private Limited reported revenue of ₹20.53 Cr (up 56% YoY) for FY 2025.

Revenue · FY 2025
₹20.53 Cr ▲ 56%
Net loss · FY 2025
₹17.29 Cr margin -84.2%
EBITDA · FY 2025
-₹15.17 Cr margin -73.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 136%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 42%

Revenue has grown at a compounded annual rate (CAGR) of 136% over three years, including 56% growth in the latest year. EBITDA fell 2% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹15.17 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹17.29 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-73.9%
Net Profit Margin-84.2%
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 Plaeup Private Limited, buy the company report.

Board of directors of Plaeup Private Limited

Plaeup has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravishankar Neelambaran KallayilDirector25 Feb 20224 Years 8 MonthsCurrent
Pavan Kareti
Also directs: Brekkie Foods Private Limited, Checkmate Computers Private Limited, Shardow Foodworks Private Limited
Director06 Jan 20206 Years 10 MonthsCurrent
Ashvin Joseph George
Also directs: Jalpak Foods India Private Limited, Accutest Biologics Private Limited, Florintree Advisors Private Limited
Director02 May 20233 Years 6 MonthsCurrent
View all directors

Auditor

Plaeup Private Limited is audited by M N S K & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M N S K & ASSOCIATESFY 2023023287S

Shareholding

The shareholding of Plaeup Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

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

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

Charges & borrowings

Open charges
₹2.85 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
State Bank of India₹2.85 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 2023100747076State Bank of India₹2.85 CrOpen
06 Mar 2024100885656Others₹3 CrSatisfied

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

Total charge records: 2 View all charges

Deals & funding

Plaeup Private Limited has 10 deals on record (3 funding rounds, 3 convertible or debt financings, 2 rights issues), with disclosed funding of ₹38.31 Cr; the latest was in July 2022.

Total deals
10
Funding rounds
3
Convertible or debt financings
3
Rights issues
2
Secondary share transfers
2
Disclosed funding
₹38.31 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Jul 2022Funding round · Series A₹16 CrInvestors: Florintree Advisors, Shahi Exports Private Limited , Madhavan Living Trust
Jul 2022Funding round · Series A₹5 CrInvestors: Florintree Advisors
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jun 2020Rights issue₹22.3 LakhInvestors: an individual

To see the full deal history of Plaeup 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

Plaeup Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
Xylem Resource Management Private Limited
Vkan Training and Consultancy Services Private Limited

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

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Plaeup Private Limited has a workforce of 29 employees on its EPFO records as of Aug 2025, across 1 active EPFO establishment.

Employee count
29
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2025-2629
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21

To see the full employee and EPFO history of Plaeup Private Limited, buy the company report.

GST

Plaeup has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
6
GSTINStateStatusRegistered on
29AAKCP9730D1Z4KarnatakaActive15 Feb 2020
33AAKCP9730D1ZFTamil NaduActive25 Mar 2022
07AAKCP9730D1ZADelhiActive28 May 2022
27AAKCP9730D1Z8MaharashtraActive11 Jul 2022

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

Recent activity

Plaeup Private Limited has 11 board changes on record since 2020: 7 appointments and 4 cessations. The latest: Sara Alexandra Kilgore ceased to be Director on 29 Jul 2024.

Charges
A charge registered on 06 Mar 2024 via Charge ID 100885656 with Others was fully satisfied on 05 Nov 2025.
AGM
Plaeup Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 2.85 Cr registered on 30 Jun 2023 with Charge ID 100747076 was modified on 09 Jul 2025.
Filing
Plaeup Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sara Alexandra Kilgore ceased to be Director.
Ceased
Babu Vinod Sivadasan ceased to be Director.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100885656 was registered on 06 Mar 2024.
Charges
A charge with State Bank Of India amounted to Rs. 2.85 Cr with Charge ID 100747076 was registered on 30 Jun 2023.
Appointed
Ashvin Joseph George was appointed as Director.
Ceased
Mathew Cyriac ceased to be Director.
Appointed
Mathew Cyriac was appointed as Director.
Appointed
Ravishankar Neelambaran Kallayil was appointed as Director.

6 earlier events are in the company report.

News

Frequently asked questions

Plaeup is an active private limited company based in Bangalore, Karnataka, India. The company works in online footwear retail, within the e-commerce industry. It was incorporated on 06 January 2020 (6+ years old) and is registered under CIN U74999KA2020PTC131327.

Plaeup has 3 current directors:

The latest financial statements of Plaeup on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Plaeup is 29AAKCP9730D1Z4, registered in Karnataka. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 33AAKCP9730D1ZF (Tamil Nadu), 07AAKCP9730D1ZA (Delhi), 27AAKCP9730D1Z8 (Maharashtra).

The CIN (Corporate Identification Number) of Plaeup is U74999KA2020PTC131327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Plaeup was incorporated on 06 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Plaeup has 10 deals on record (3 funding rounds, 3 convertible or debt financings, 2 rights issues), with disclosed funding of ₹38.31 Cr; the latest was in July 2022.

Sara Alexandra Kilgore ceased to be Director on 29 Jul 2024. Babu Vinod Sivadasan ceased to be Director on 10 Jul 2024. Ashvin Joseph George was appointed as Director on 02 May 2023. Plaeup has 11 board changes on record in total.

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

Yes, Plaeup is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0171305).

Plaeup has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 21 Oct 2022.