Festino Commerce Pvt Ltd

Provides financial services such as leasing, financing, and property dealing since 1991.

1991 | Bangaluru, Karnataka (India) | Active
Last Updated: January 11, 2025

Festino Commerce Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.06 Cr
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -0.86%
  • Profit Growth -28.28%
  • Ebitda -2.79%
  • Net Worth 0.20%
  • Total Assets -13.86%

About Festino Commerce

Festino Commerce Pvt Ltd (FCPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 June 1991 and has a history of 33 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Financial Services 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 2.50 Cr and a paid-up capital of Rs 2.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mayank Jain and Naveen Saraogi 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

    U65921KA1991PTC046700

  • Company No.

    046700

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Festino Commerce?

Board Members (2)

NameDesignationAppointment DateStatus
Mayank Jain Country flag representing In Director 29-May-2007Current
Naveen Saraogi Country flag representing In Director 29-May-2007Current

Financial Performance of Festino Commerce.

Festino Commerce Pvt Ltd, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.86% decrease. The company also saw a substantial fall in profitability, with a 28.28% decrease in profit. The company's net worth moved up by a moderate rise of 0.2%.

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
-0.86%
Revenue from Operations
-0.70%
Total Assets
-13.86%
Profit or Loss
-28.28%
Net Worth
0.20%
EBITDA
-2.79%

What is the Ownership and Shareholding Structure of Festino Commerce?

In 2021, Festino Commerce 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Festino Commerce?

Unlock and access historical data on people associated with Festino Commerce, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Festino Commerce, 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 Festino Commerce'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 Festino Commerce

Recent activity within the organization

  • Annual General Meeting

    Festino Commerce Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Festino Commerce Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Mayank Jain was appointed as a Director was appointed as a Director on 29 May 2007 & has been associated with this company since 17 years 8 months .

    29 May 2007

  • Director Appointment

    Naveen Kumar Saraogi was appointed as a Director was appointed as a Director on 29 May 2007 & has been associated with this company since 17 years 8 months .

    29 May 2007

  • Company Incorporation

    Festino Commerce Pvt Ltd was registered on 26 Jun 1991 with Roc Bangalore & aged 33 years 7 months as per MCA records.

    26 Jun 1991

Frequently asked questions

  • Festino Commerce Pvt Ltd was incorporated on 26 Jun 1991.

  • The authorized share capital of Festino Commerce Pvt Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 2.06 Cr.

  • Currently 2 directors are associated with Festino Commerce Pvt Ltd.

    • Mayank Jain
    • Naveen Kumar Saraogi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Festino Commerce Pvt Ltd is Flat No.1102 Pride Regalia No.80/3 Hulimavu, Bannerghatta Road India, Bangalore, Karnataka, 560076.

  • The corporate identification number (CIN) of Festino Commerce Pvt Ltd is U65921KA1991PTC046700 and the company number is 046700 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Festino Commerce Pvt Ltd has fallen by -0.86%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Festino Commerce Pvt Ltd has experienced an upsurge of 0.20%.

  • The most recent Balance Sheet for Festino Commerce Pvt Ltd was filed with the ROC on 31 Mar 2024.

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