Fitness First India Private Limited

Manages and operates sports facilities for fitness and wellness.

2006 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Fitness First India Profile

Key Indicators

  • Authorised Capital ₹ 339.00 Cr
  • Paid Up Capital ₹ 30.68 Cr
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.50 M
  • Revenue Growth -59.71%
  • Profit Growth -10.22%
  • Ebitda -1779.32%
  • Net Worth -130.08%
  • Total Assets -19.77%

About Fitness First India

Fitness First India Private Limited (FFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 November 2006 and has a history of 18 years and three months. 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 339.00 Cr and a paid-up capital of Rs 30.68 Cr.

The company has closed loans amounting to ₹1.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Fitness First India Private Limited India is Siddharth Sharma as COMPANY SECRETARY. Rishabh Telang and Mujtabha Magrey serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U93020KA2006PTC143540

  • Company No.

    155481

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Nov 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

What products or services does Fitness First India Private Limited offer?

Fitness First India Private Limited offers a wide range of products and services, including Health Club Services, Fitness Club.

Who are the key members and board of directors at Fitness First India?

Executive Team (1)

NameDesignationAppointment DateStatus
Siddharth Sharma Country flag representing In Company Secretary25-Jul-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Rishabh Telang Country flag representing In Whole-Time Director 04-Sep-2019Current
Mujtabha Magrey Country flag representing In Director 04-Sep-2019Current

Financial Performance of Fitness First India.

Fitness First India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 59.71% decrease. The company also saw a substantial fall in profitability, with a 10.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 130.08%.

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
-59.71%
Revenue from Operations
-76.40%
Total Assets
-19.77%
Profit or Loss
-10.22%
Net Worth
-130.08%
EBITDA
-1779.32%

What is the Ownership and Shareholding Structure of Fitness First India?

In 2022, Fitness First India 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

₹0.15 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jul 2017The Hongkong And Shanghai Banking Corporation Limited₹1.50 MSatisfied

How Many Employees Work at Fitness First India?

Fitness First India has a workforce of 33 employees as of Apr 03, 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 Fitness First India, 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 Fitness First India'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 Fitness First India

Recent activity within the organization

  • Annual General Meeting

    Fitness First India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Siddharth Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 25 Jul 2024 & has been associated with this company since 6 months 30 days .

    25 Jul 2024

  • Balance Sheet

    Fitness First India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Rishabh Telang was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 Sep 2019 & has been associated with this company since 5 years 5 months .

    04 Sep 2019

  • Director Appointment

    Mujtabha Khursheed Magrey was appointed as a Director was appointed as a Director on 04 Sep 2019 & has been associated with this company since 5 years 5 months .

    04 Sep 2019

  • Charges

    A charge registered on 13 Jul 2017 via Charge ID 100115525 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 25 Feb 2019.

    25 Feb 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Fitness First India Private Limited was incorporated on 14 Nov 2006.

  • The authorized share capital of Fitness First India Private Limited is ₹ 339.00 Cr and paid-up capital is ₹ 30.68 Cr.

  • Currently 3 directors are associated with Fitness First India Private Limited.

    • Rishabh Telang
    • Mujtabha Khursheed Magrey
    • Siddharth Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fitness First India Private Limited is No. 17 17C Bda Sector 3, Hsr Layout India, Bangalore, Karnataka, 560102.

  • The corporate identification number (CIN) of Fitness First India Private Limited is U93020KA2006PTC143540 and the company number is 155481 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fitness First India Private Limited is https://www.fitnessfirst.net.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Fitness First India Private Limited has fallen by -59.71%.

  • As Per 2021 financial reports, 33 employees are currently employed by Fitness First India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Fitness First India Private Limited has experienced an downturn of -130.08%.

  • The most recent Balance Sheet for Fitness First India Private Limited was filed with the ROC on 31 Mar 2024.

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