Diverse Retails Private Limited

Retail company selling healthcare, fitness, and sports equipment, founded in 2016 in Bangalore.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: December 24, 2024

Diverse Retails Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.97 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 9.00 M
  • Revenue Growth 59.16%
  • Profit Growth 59.79%
  • Ebitda 51.08%
  • Net Worth -40.53%
  • Total Assets 220.42%

About Diverse Retails

Diverse Retails Private Limited (DRPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 December 2016 (Eight years and two months 9 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.97 M.

The company has closed loans amounting to ₹9.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prabhakar Sunder and Devangam Kumar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cult.fit

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016PTC098488

  • Company No.

    098488

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods
Healthcare

Who are the key members and board of directors at Diverse Retails?

Board Members (2)

NameDesignationAppointment DateStatus
Prabhakar Sunder Country flag representing In Director 26-Jun-2023Current
Devangam Kumar Country flag representing In Director 15-Dec-2016Current

Financial Performance of Diverse Retails.

Diverse Retails Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 59.16% increase. The company also saw a substantial improvement in profitability, with a 59.79% increase in profit. The company's net worth observed a substantial decline by a decrease of 40.53%.

Graph illustrating revenue growth over time
Graph showing 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
59.16%
Revenue from Operations
59.85%
Total Assets
220.42%
Profit or Loss
59.79%
Net Worth
-40.53%
EBITDA
51.08%

What is the Ownership and Shareholding Structure of Diverse Retails?

In 2022, Diverse Retails 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

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹9.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2021Axis Bank Limited₹9.00 MSatisfied

How Many Employees Work at Diverse Retails?

Diverse Retails has a workforce of 61 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Diverse Retails, 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 Diverse Retails'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 Diverse Retails

Recent activity within the organization

  • Annual General Meeting

    Diverse Retails Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Prabhakar Sunder was appointed as a Director was appointed as a Director on 26 Jun 2023 & has been associated with this company since 1 year 7 months .

    26 Jun 2023

  • Balance Sheet

    Diverse Retails Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 15 Mar 2021 via Charge ID 100425334 with Axis Bank Limited was fully satisfied on 25 Jul 2022.

    25 Jul 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 9.00 M with Charge ID 100425334 was registered on 15 Mar 2021.

    15 Mar 2021

  • Director Appointment

    Devangam Nagaraju Kishore Kumar was appointed as a Director was appointed as a Director on 15 Dec 2016 & has been associated with this company since 8 years 2 months .

    15 Dec 2016

Frequently asked questions

  • Diverse Retails Private Limited was incorporated on 15 Dec 2016.

  • The authorized share capital of Diverse Retails Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.97 M.

  • Currently 2 directors are associated with Diverse Retails Private Limited.

    • Prabhakar Sunder
    • Devangam Nagaraju Kishore Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Diverse Retails Private Limited is Bhive Workspace No. 112 Akr Techpark A Block 7Th Mile Hosur Road, Krishna Reddy Indus Trial Area India, Bangalore, Karnataka, 560068.

  • The corporate identification number (CIN) of Diverse Retails Private Limited is U74999KA2016PTC098488 and the company number is 098488 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Diverse Retails Private Limited is https://www.cult.fit

  • According to the financial reports for the fiscal year 2022, the revenue trend for Diverse Retails Private Limited has risen by 59.16%.

  • As Per 2022 financial reports, 61 employees are currently employed by Diverse Retails Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Diverse Retails Private Limited has experienced an downturn of -40.53%.

  • The most recent Balance Sheet for Diverse Retails Private Limited was filed with the ROC on 31 Mar 2023.

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