Foundation For Sandboxstartup Initiatives Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 8 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 212.30%
- Profit Growth -131.52%
- Ebitda -134.51%
- Net Worth -38.76%
- Total Assets -25.58%
About Foundation For Sandboxstartup Initiatives
Foundation For Sandboxstartup Initiatives (FFSI) is a Private Not For Profit Company incorporated in India on 06 May 2016 (Eight years and 11 months 5 days old ). Its registered office is in Dharwad, Karnataka, India.
The Company is engaged in the Business Services 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Foundation For Sandboxstartup Initiatives India is Karthik Sankaran as CEO. Geereddy Reddy, Ramanathan Narayanan, Rachit Parekh, and One other member serve as directors at the Company.
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999KA2016NPL092977
- Company No.
092977
- Company Classification
Private Not For Profit Company
- Incorporation Date
06 May 2016
- Date of AGM
26 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Business Services
Foundation For Sandboxstartup Initiatives
Explore comprehensive data for Foundation For Sandboxstartup Initiatives, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Foundation For Sandboxstartup Initiatives?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Karthik Sankaran | CEO | 15-Jun-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramanathan Narayanan  | Director | 06-May-2016 | Current |
Geereddy Reddy  | Director | 23-Aug-2021 | Current |
| Rachit Parekh | Additional Director | 25-Sep-2023 | Current |
| Sankaran Karthik | Whole-Time Director | 26-Aug-2023 | Current |
Financial Performance of Foundation For Sandboxstartup Initiatives.
Foundation For Sandboxstartup Initiatives, for the financial year ended 2023, experienced significant growth in revenue, with a 212.3% increase. The company also saw a substantial fall in profitability, with a 131.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.76%.
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What is the Ownership and Shareholding Structure of Foundation For Sandboxstartup Initiatives?
In 2023, Foundation For Sandboxstartup Initiatives had a promoter holding of 34.00% and a public holding of 66.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
4R Recycling Private LimitedRamanathan Narayanan is a mutual person
Achintya Ecoproducts And Technologies Private LimitedRamanathan Narayanan is a mutual person
- Spark Entrepreneurship Development Centre
Rachit Parekh is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Foundation For Sandboxstartup Initiatives?
Foundation For Sandboxstartup Initiatives has a workforce of 58 employees as of Apr 05, 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 Foundation For Sandboxstartup Initiatives, 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 Foundation For Sandboxstartup Initiatives'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 Foundation For Sandboxstartup Initiatives
Recent activity within the organization
- Director Appointment
Rachit Nayan Parekh was appointed as a Additional Director was appointed as a Additional Director on 25 Sep 2023 & has been associated with this company since 1 year 6 months .
- Annual General Meeting
Foundation For Sandboxstartup Initiatives last Annual general meeting of members was held on 26 Aug 2023 as per latest MCA records.
- Director Appointment
Sankaran Karthik was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Aug 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Karthik Sankaran was appointed as a Ceo was appointed as a Ceo on 15 Jun 2023 & has been associated with this company since 1 year 9 months .
- Balance Sheet
Foundation For Sandboxstartup Initiatives has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Geereddy Reddy was appointed as a Director was appointed as a Director on 23 Aug 2021 & has been associated with this company since 3 years 7 months .
Recent News, Updates & Announcement
- ‘VCs don’t want to be in the money-pumping race anymore’: Deshpande Startups’ CEO Aravind Chinchure on funding winter.
Sharing his views on this trend which has been in discussion for sometime now, Dr Aravind Chinchure, CEO of Deshpande Startups believes that this is a result of economic situations across the globe and a shift in the perspective of the investors..
Frequently asked questions
What is the Incorporation or founding date of Foundation For Sandboxstartup Initiatives?
Foundation For Sandboxstartup Initiatives was incorporated on 06 May 2016.
What is authorized share capital and paid-up capital of Foundation For Sandboxstartup Initiatives?
The authorized share capital of Foundation For Sandboxstartup Initiatives is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Foundation For Sandboxstartup Initiatives?
Currently 5 directors are associated with Foundation For Sandboxstartup Initiatives.
- Geereddy Reddy
- Ramanathan Narayanan
- Rachit Nayan Parekh
- Sankaran Karthik
- Karthik Sankaran
What is the registered address of Foundation For Sandboxstartup Initiatives?
As per Ministry of Corporate Affairs (Mca), the registered address of Foundation For Sandboxstartup Initiatives is Next To International Airport, Gokul Road Opp Village India, Hubli, Karnataka, 580030.
What is the corporate identification number (CIN) and company number of Foundation For Sandboxstartup Initiatives?
The corporate identification number (CIN) of Foundation For Sandboxstartup Initiatives is U74999KA2016NPL092977 and the company number is 092977 as per Ministry of Corporate Affairs (MCA).
What is the official website of Foundation For Sandboxstartup Initiatives?
The Official website of Foundation For Sandboxstartup Initiatives is https://www.sandboxstartups.org
What has been the recent revenue trend for Foundation For Sandboxstartup Initiatives?
According to the financial reports for the fiscal year 2023, the revenue trend for Foundation For Sandboxstartup Initiatives has risen by 212.30%.
How many employees does Foundation For Sandboxstartup Initiatives currently have?
As Per 2023 financial reports, 58 employees are currently employed by Foundation For Sandboxstartup Initiatives.
What change has been observed in the net worth of Foundation For Sandboxstartup Initiatives, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Foundation For Sandboxstartup Initiatives has experienced an downturn of -38.76%.
When was the last Balance Sheet of Foundation For Sandboxstartup Initiatives filed with the ROC?
The most recent Balance Sheet for Foundation For Sandboxstartup Initiatives was filed with the ROC on 31 Mar 2023.
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