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Startup India
Team Float Private Limited
Team Float Private Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.87 Cr
▲ 275% YoY
Net profit · FY 2024
₹80.83 Lakh
Net margin 16.6%
EBITDA · FY 2024
₹1.01 Cr
EBITDA margin 20.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Team Float Private Limited
Data last updated:
Team Float Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 29 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC296731. Its GSTIN is 27AAGCT3218A1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rahul Singh Harpal Singh Yadav and Aagam Sudhir Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 232 23rd Floor Rushabh Apts. Dr.Parekh Street Opp. Harkisan Hospital Girgaon, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.87 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹80.83 Lakh (net margin 16.6%) and EBITDA of ₹1.01 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 62% over five years.
The company is associated with 1 brand: Floating Canvas.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2017PTC296731
Registration Number 296731
Incorporation Date 29 June 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Rahul Singh Harpal Singh Yadav Director Aagam Sudhir Mehta Director Shakti Swarup Sahu Director Recognitions & Rankings of Team Float
Contact details
Team Float Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address232 23rd Floor Rushabh Apts. Dr.Parekh Street Opp. Harkisan Hospital Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Team Float Private Limited, buy the company report.
Comprehensive company report
Team Float 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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Brands
Team Float operates one associated brand: Floating Canvas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Subscription-based art services are offered to customers. | floatingcanvas.co |
Business activity
The main business activity of Team Float is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Team Float Private Limited, buy the company report.
Financials of Team Float Private Limited
FY 2025 filings availableTeam Float Private Limited reported revenue of ₹4.87 Cr (up 275% YoY) for FY 2024.
Revenue · FY 2024
₹4.87 Cr ▲ 275%
Net profit · FY 2024
₹80.83 Lakh margin 16.6%
EBITDA · FY 2024
₹1.01 Cr margin 20.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 275%
3 years · compounded
▲ 73%
5 years · compounded
▲ 62%
EBITDA CAGR growth
3 years · compounded
▲ 129%
5 years · compounded
▲ 61%
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 275% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.83 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.7% | ||||
| Net Profit Margin | 16.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Debt-to-Equity Ratio | |||||
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| 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 Team Float Private Limited, buy the company report.
Board of directors of Team Float Private Limited
Team Float has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Singh Harpal Singh Yadav Also directs: Klan Ozo LLP, Artverse Enterprise Private Limited | Director | 03 Aug 2018 | 8 Years 3 Months | Current |
| Aagam Sudhir Mehta Also directs: Klan Ozo LLP, Artverse Enterprise Private Limited | Director | 29 Jun 2017 | 9 Years 4 Months | Current |
| Shakti Swarup Sahu Also directs: Klan Ozo LLP, Artverse Enterprise Private Limited | Director | 03 Aug 2018 | 8 Years 3 Months | Current |
Auditor
Team Float Private Limited is audited by Dipen Savla & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dipen Savla & Associates | FY 2023 | 156261 |
Shareholding
The shareholding of Team Float 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Team Float Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Team Float 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 Team Float Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Team Float has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT3218A1ZR | Maharashtra | Active | 07 Dec 2017 |
To see the full GST registrations and return filing status of Team Float Private Limited, buy the company report.
Recent activity
Team Float Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Rahul Singh Harpal Singh Yadav was appointed as Director on 03 Aug 2018.
AGM
Team Float Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Team Float Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Rahul Singh Harpal Singh Yadav was appointed as Director.
Appointed
Shakti Swarup Sahu was appointed as Director.
Ceased
Sudhirbhai Ambalal Mehta ceased to be Director.
Appointed
Aagam Sudhir Mehta was appointed as Director.
Incorporation
29 Jun 2017
Team Float Private Limited was registered on 29 Jun 2017 with Roc Mumbai & aged 9 years 4 months as per MCA records.
Frequently asked questions
Team Float is an active private limited company based in Mumbai, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 29 June 2017 (9+ years old) and is registered under CIN U74999MH2017PTC296731.
Team Float has 3 current directors:
- Rahul Singh Harpal Singh Yadav - Director
- Aagam Sudhir Mehta - Director
- Shakti Swarup Sahu - Director
The latest financial statements of Team Float on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Team Float is 27AAGCT3218A1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Team Float is U74999MH2017PTC296731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Team Float was incorporated on 29 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Rahul Singh Harpal Singh Yadav was appointed as Director on 03 Aug 2018. Shakti Swarup Sahu was appointed as Director on 03 Aug 2018. Sudhirbhai Ambalal Mehta ceased to be Director on 03 Aug 2018. Team Float has 4 board changes on record in total.
Yes, Team Float is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Team Float is at 232 23rd Floor Rushabh Apts. Dr.Parekh Street Opp. Harkisan Hospital Girgaon, Mumbai, Maharashtra, India – 400004.
Team Float operates in the engineering industry, in the procurement and construction (epc) segment.
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