Cultsport Private Limited
Hospitality company providing lodging, dining, and beverage options.
2016 | Bangaluru, Karnataka (India) | Active
Cultsport Profile
Key Indicators
- Authorised Capital ₹ 8.06 Cr
- Paid Up Capital ₹ 4.68 Cr
- Company Age 8 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 66.17 Cr
- Revenue Growth 7.24%
- Profit Growth 51.98%
- Ebitda 65.41%
- Net Worth -141.74%
- Total Assets -50.20%
About Cultsport
Cultsport Private Limited (CPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 September 2016 (Eight years and six months 29 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 8.06 Cr and a paid-up capital of Rs 4.68 Cr.
The company has closed loans amounting to ₹66.17 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Siddharth Suchde and Bishnu Hazari serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999KA2016PTC096227
- Company No.
096227
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Sep 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
Who are the key members and board of directors at Cultsport?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siddharth Suchde  | Whole-Time Director | 24-Dec-2022 | Current |
| Bishnu Hazari | Director | 25-Sep-2024 | Current |
Financial Performance of Cultsport.
Cultsport Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.24% increase. The company also saw a substantial improvement in profitability, with a 51.98% increase in profit. The company's net worth observed a substantial decline by a decrease of 141.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Cultsport?
In 2023, Cultsport had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Live Your Sport Retail Private Limited
Siddharth Suchde is a mutual person
- Cultgear Private Limited
Bishnu Hazari is a mutual person
- Acefit Alliance Gym Service Providers Association
Bishnu Hazari is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹66.17 Cr
Charges Breakdown by Lending Institutions
- Others : 62.00 Cr
- Standard Chartered Bank : 4.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Aug 2020 | Standard Chartered Bank | ₹4.17 Cr | Satisfied |
| 29 Nov 2019 | Others | ₹16.00 Cr | Satisfied |
| 18 Jan 2018 | Others | ₹25.00 Cr | Satisfied |
| 31 May 2017 | Others | ₹5.00 Cr | Satisfied |
| 13 Apr 2017 | Others | ₹16.00 Cr | Satisfied |
How Many Employees Work at Cultsport?
Cultsport has a workforce of 95 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Cultsport, 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 Cultsport'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 Cultsport
Recent activity within the organization
- Annual General Meeting
Cultsport Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Bishnu Prakash Hazari was appointed as a Director was appointed as a Director on 25 Sep 2024 & has been associated with this company since 6 months 6 days .
- Balance Sheet
Cultsport 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 100310298 with Others was fully satisfied on 08 Mar 2024.
- Director Appointment
Siddharth Nimesh Suchde was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Dec 2022 & has been associated with this company since 2 years 3 months .
- Charges
A charge registered on 06 Aug 2020 via Charge ID 100361030 with Standard Chartered Bank was fully satisfied on 05 May 2021.
Recent News, Updates & Announcement
- Former Reliance Jio senior executive raises $130 mn to back mid-market startups | Company Business News.
Including the green shoe option, Playbook Partners expects to raise another $120 million through established global investors from Europe, the US, Middle East, and India..
Frequently asked questions
What is the Incorporation or founding date of Cultsport Private Limited?
Cultsport Private Limited was incorporated on 02 Sep 2016.
What is authorized share capital and paid-up capital of Cultsport Private Limited?
The authorized share capital of Cultsport Private Limited is ₹ 8.06 Cr and paid-up capital is ₹ 4.68 Cr.
Who are the current board members & directors of Cultsport Private Limited?
Currently 2 directors are associated with Cultsport Private Limited.
- Siddharth Nimesh Suchde
- Bishnu Prakash Hazari
What is the registered address of Cultsport Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Cultsport 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 Cultsport Private Limited?
The corporate identification number (CIN) of Cultsport Private Limited is U74999KA2016PTC096227 and the company number is 096227 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Cultsport Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Cultsport Private Limited has risen by 7.24%.
How many employees does Cultsport Private Limited currently have?
As Per 2023 financial reports, 95 employees are currently employed by Cultsport Private Limited.
What change has been observed in the net worth of Cultsport Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Cultsport Private Limited has experienced an downturn of -141.74%.
When was the last Balance Sheet of Cultsport Private Limited filed with the ROC?
The most recent Balance Sheet for Cultsport Private Limited was filed with the ROC on 31 Mar 2024.
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