Cultgear Private Limited Company Logo

Cultgear Private Limited - Company Profile

It is a e-commerce private limited company based in Chennai City Corporation, Tamil Nadu, India, established in 2017.

2017 | Chennai City Corporation, Tamil Nadu, India | Active
Last Updated:

About Cultgear Private Limited

Cultgear Private Limited, a active private limited company, was established on 07 November 2017 in Chennai City Corporation, Tamil Nadu, India. Engaging in online sports merchandise retail within the trade sector, it holds CIN: U74999KA2017PTC107723. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.55 Cr and a paid-up capital of ₹2.22 Cr.

Formerly known as Balbis Sportletics Fashions Private Limited. It upholds a compliant status. Employing 387 professional, Its leadership includes Bishnu Prakash Hazari (Director), Tarakkad Sreenivasan Anand (Whole-Time Director). Past directors included Vishal Gahlaut, Bishnu Prakash Hazari, Mukesh Bansal. It holds ₹115.00 Cr open charges and ₹20.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at New No.10, Old No.28, Shankaralaya, 2Nd Floor,, 3Rd Cross Street Rk Nagar, Raja Annamalaipuram,, Chennai City Corporation, Tamil Nadu, 600028.

Company Details

  • CIN/LLPIN

    U74999TN2017PTC177594

  • Registration Number

    177594

  • Incorporation Date

    07 November 2017

  • Authorized Capital

    ₹2.55 Cr

  • Paid-Up Capital

    ₹2.22 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.55 Cr
  • Paid Up Capital ₹ 2.22 Cr
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 115.00 Cr
  • Satisfied Charges ₹ 20.00 Cr
  • Revenue Growth 324.79%
  • Profit Growth -619.34%
  • Ebitda -737.35%
  • Net Worth -9.61%
  • Total Assets 61.68%
Company report

Cultgear Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Cultgear Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Cultgear Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Bishnu Prakash HazariDirector20 Sep 2024Current
Tarakkad Sreenivasan AnandWhole-Time Director27 Jun 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director29 Mar 2024Past
Pramod AbcsddAdditional Director29 Sep 2024Past
Pramod AbcsddAdditional Director30 Mar 2018Past
Pramod AbcsddWhole-Time Director10 May 2022Past
Pramod AbcsddAdditional Director17 Jul 2024Past
Pramod AbcsddAdditional Director30 Sep 2022Past

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Financial Performance of Cultgear.

Cultgear Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 324.79% increase. The company also saw a substantial fall in profitability, with a 619.34% decrease in profit. The company's net worth dipped by a decrease of 9.61%.

Cultgear revenue growth over time
Cultgear profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
324.79%
Revenue from Operations
319.13%
Total Assets
61.68%
Profit or Loss
-619.34%
Net Worth
-9.61%
EBITDA
-737.35%

What is the Ownership and Shareholding Structure of Cultgear?

In 2023, Cultgear had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹1,150,000,000.00

Satisfied Charges

₹200,000,000.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 45.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 40.00 Cr
  • Yes Bank Limited : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2023Yes Bank Limited₹30.00 CrOpen
17 Oct 2022The Hongkong And Shanghai Banking Corporation Limited₹40.00 CrOpen
21 Sep 2022Axis Bank Limited₹45.00 CrOpen
03 Jun 2022The Hongkong And Shanghai Banking Corporation Limited₹20.00 CrSatisfied

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How Many Employees Work at Cultgear?

Cultgear has a workforce of 387 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Cultgear Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cultgear, 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 Cultgear's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Cultgear

Recent Activity within the Organization

  • Annual General Meeting

    The activity Cultgear Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Bishnu Prakash Hazari was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 1 year 3 months . was documented.

  • Director Appointment

    Tarakkad Sreenivasan Anand was appointed as a Whole-time director was appointed as a Whole-time director on 27 Jun 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.

  • Balance Sheet

    The activity Cultgear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    Progress on A charge with Yes Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100697162 was registered on 18 Mar 2023. was documented.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 40.00 Cr with Charge ID 100673506 was registered on 17 Oct 2022. was documented.

Frequently Asked Questions

  • What is the CIN of Cultgear Private Limited?

    The CIN of Cultgear Private Limited is U74999TN2017PTC177594.

  • Where is Cultgear Private Limited headquartered?

    Cultgear Private Limited is headquartered at New No.10, Old No.28, Shankaralaya, 2Nd Floor,, 3Rd Cross Street Rk Nagar, Raja Annamalaipuram,, Chennai City Corporation, Tamil Nadu, 600028.

  • When was Cultgear Private Limited incorporated?

    Cultgear Private Limited was incorporated on 07 November 2017.

  • Who are the current directors of Cultgear Private Limited?

    The current directors of Cultgear Private Limited are

  • What is the primary industry of Cultgear Private Limited?

    The primary industry of Cultgear Private Limited is Trade.

  • Is Cultgear Private Limited a listed company?

    Cultgear Private Limited is unlisted.

  • What is the capital structure of Cultgear Private Limited?

    The authorized capital of Cultgear Private Limited is ₹2.55 Cr, and the paid-up capital is ₹2.22 Cr.

  • What is the compliance status of Cultgear Private Limited?

    The compliance status of Cultgear Private Limited is Compliant.

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