Cultfit Healthcare Profile
Key Indicators
- Authorised Capital ₹ 4.52 Cr
- Paid Up Capital ₹ 4.04 Cr
- Company Age 8 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 221.90 Cr
- Satisfied Charges ₹ 132.00 Cr
- Revenue Growth -43.92%
- Profit Growth 34.42%
- Ebitda 76.66%
- Net Worth -85.94%
- Total Assets -27.07%
About Cultfit Healthcare
Cultfit Healthcare Private Limited (CHPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 August 2016 (Eight years and six months 27 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Travel And Hospitality Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.52 Cr and a paid-up capital of Rs 4.04 Cr.
The company currently has active open charges totaling ₹221.90 Cr. The company has closed loans amounting to ₹132.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rishabh Telang, Federico Demalde, and Mujtabha Magrey serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74999KA2016PTC095553
- Company No.
095553
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Aug 2016
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Travel and Hospitality
E-Commerce
Who are the key members and board of directors at Cultfit Healthcare?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rishabh Telang  | Whole-Time Director | 03-Sep-2019 | Current |
Federico Demalde  | Director | 25-Jun-2019 | Current |
| Mujtabha Magrey | Whole-Time Director | 04-Sep-2019 | Current |
Financial Performance of Cultfit Healthcare.
Cultfit Healthcare Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 43.92% decrease. The company also saw a substantial improvement in profitability, with a 34.42% increase in profit. The company's net worth observed a substantial decline by a decrease of 85.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Cultfit Healthcare?
In 2022, Cultfit Healthcare had a promoter holding of 99.40% and a public holding of 0.59%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
F2 Fun And Fitness (India) Private LimitedRishabh Telang and Mujtabha Magrey are mutual person
Fitternity Health E-Solution Private LimitedMujtabha Magrey is a mutual person
Fitness First India Private LimitedRishabh Telang and Mujtabha Magrey are mutual person
Transfit Venture Private LimitedRishabh Telang and Mujtabha Magrey are mutual person
- Acefit Alliance Gym Service Providers Association
Rishabh Telang and Mujtabha Magrey are mutual person
- Rugby League India Federation
Mujtabha Magrey is a mutual person
Charges (Loans)
Open Charges
₹221.90 Cr
Satisfied Charges
₹132.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 158.57 Cr
- Others : 53.33 Cr
- Axis Bank Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jun 2023 | Hdfc Bank Limited | ₹100.00 Cr | Open |
| 21 Mar 2023 | Hdfc Bank Limited | ₹30.00 Cr | Open |
| 27 Apr 2021 | Others | ₹8.33 Cr | Open |
| 26 Mar 2021 | Hdfc Bank Limited | ₹8.57 Cr | Open |
| 30 Nov 2019 | Axis Bank Limited | ₹10.00 Cr | Open |
How Many Employees Work at Cultfit Healthcare?
Unlock and access historical data on people associated with Cultfit Healthcare, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Cultfit Healthcare, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cultfit Healthcare's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Cultfit Healthcare
Recent activity within the organization
- Annual General Meeting
Cultfit Healthcare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 07 Dec 2020 via Charge ID 100399748 with Hdfc Bank Limited was fully satisfied on 05 Jun 2024.
- Balance Sheet
Cultfit Healthcare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 29 Nov 2019 via Charge ID 100310286 with Others was fully satisfied on 08 Mar 2024.
- Charges
A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 30 Nov 2019 with Charge ID 100308913 was modified on 02 Mar 2024.
- Charges
A charge with Others of Rs. 45.00 Cr registered on 12 Jun 2019 with Charge ID 100272454 was modified on 11 Dec 2023.
Recent News, Updates & Announcement
Cure.fit settles out of court with Book Your Game.The company has settled the case by paying close to the deal value, says one of the sources..
- BookYourGame takes Curefit to court, gets an injunction against product.
Refuting the allegations, Curefit told ET that the transaction never progressed to definitive closure or to a formal on-boarding of BYG employees. .
Frequently asked questions
What is the Incorporation or founding date of Cultfit Healthcare Private Limited?
Cultfit Healthcare Private Limited was incorporated on 05 Aug 2016.
What is authorized share capital and paid-up capital of Cultfit Healthcare Private Limited?
The authorized share capital of Cultfit Healthcare Private Limited is ₹ 4.52 Cr and paid-up capital is ₹ 4.04 Cr.
Who are the current board members & directors of Cultfit Healthcare Private Limited?
Currently 3 directors are associated with Cultfit Healthcare Private Limited.
- Rishabh Telang
- Federico Alvarez Demalde
- Mujtabha Khursheed Magrey
What is the registered address of Cultfit Healthcare Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Cultfit Healthcare Private Limited is No. 17 17C Bda Sector 3 Hsr Layout, India, Bangalore, Karnataka, 560102.
What is the corporate identification number (CIN) and company number of Cultfit Healthcare Private Limited?
The corporate identification number (CIN) of Cultfit Healthcare Private Limited is U74999KA2016PTC095553 and the company number is 095553 as per Ministry of Corporate Affairs (MCA).
What is the official website of Cultfit Healthcare Private Limited?
The Official website of Cultfit Healthcare Private Limited is https://www.cure.fit
What has been the recent revenue trend for Cultfit Healthcare Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Cultfit Healthcare Private Limited has fallen by -43.92%.
What change has been observed in the net worth of Cultfit Healthcare Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Cultfit Healthcare Private Limited has experienced an downturn of -85.94%.
What are the total open charges for Cultfit Healthcare Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Cultfit Healthcare Private Limited amount to ₹ 221.90 Cr.
When was the last Balance Sheet of Cultfit Healthcare Private Limited filed with the ROC?
The most recent Balance Sheet for Cultfit Healthcare Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
MB
Mukesh BansalDirectorAN
Ankit NagoriDirectorSS
Shanmugavel SubbiahDirector
Similar Companies Based on General E-Commerce Platforms
Amazon Seller Services Private Limited Bangaluru, Karnataka, India
Sane Retails Private Limited Panchkula, Haryana, India
Fashnear Technologies Private Limited Bangaluru, Karnataka, India
Amazon Wholesale (India) Private Limited Delhi, India
Mogli Labs (India) Private Limited Delhi, India
Flipkart Internet Private Limited Bangaluru, Karnataka, India- Myntra Jabong India Private Limited Bangaluru, Karnataka, India
Flipkart India Private Limited Bangalore, Karnataka, India