I Think Fitness Private Limited

Offers hospitality services and operates gyms, founded in 2016 and based in Mumbai.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: July 29, 2024

I Think Fitness Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 11.91%
  • Profit Growth -545.46%
  • Ebitda -87.54%
  • Net Worth -83.12%
  • Total Assets -15.33%

About I Think Fitness

I Think Fitness Private Limited (ITFPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 March 2016 (Eight years and 11 months 18 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Health And Wellness 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 2.50 Cr and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.00 Cr.

Suren Joshi and Pooja Joshi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ithinkfitness.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900MH2016PTC273903

  • Company No.

    273903

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Health and Wellness Services

Who are the key members and board of directors at I Think Fitness?

Board Members (2)

NameDesignationAppointment DateStatus
Suren Joshi Country flag representing In Director 04-Mar-2016Current
Pooja Joshi Country flag representing In Director 04-Mar-2016Current

Financial Performance of I Think Fitness.

I Think Fitness Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.91% increase. The company also saw a substantial fall in profitability, with a 545.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 83.12%.

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
11.91%
Revenue from Operations
19.71%
Total Assets
-15.33%
Profit or Loss
-545.46%
Net Worth
-83.12%
EBITDA
-87.54%

What is the Ownership and Shareholding Structure of I Think Fitness?

In 2023, I Think Fitness 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

₹1.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 0.64 Cr
  • Hdfc Bank Limited : 0.36 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2020Idbi Bank Limited₹6.43 MOpen
21 Mar 2018Hdfc Bank Limited₹3.59 MOpen

How Many Employees Work at I Think Fitness?

I Think Fitness has a workforce of 73 employees as of Mar 30, 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 I Think Fitness, 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 I Think Fitness'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 I Think Fitness

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    I Think Fitness Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 0.36 Cr registered on 21 Mar 2018 with Charge ID 100174861 was modified on 14 Sep 2020.

    14 Sep 2020

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 0.64 Cr with Charge ID 100361143 was registered on 17 Jun 2020.

    17 Jun 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 100174861 was registered on 21 Mar 2018.

    21 Mar 2018

  • Director Appointment

    Suren Gyanchandra Joshi was appointed as a Director was appointed as a Director on 04 Mar 2016 & has been associated with this company since 8 years 11 months .

    04 Mar 2016

Frequently asked questions

  • I Think Fitness Private Limited was incorporated on 04 Mar 2016.

  • The authorized share capital of I Think Fitness Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with I Think Fitness Private Limited.

    • Suren Gyanchandra Joshi
    • Pooja Gyanchandra Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of I Think Fitness Private Limited is 4Th Floor St. Pauls Media Complex Tps Iii 24Th Road Bandra West, Mumbai, Maharashtra, India, 400050.

  • The corporate identification number (CIN) of I Think Fitness Private Limited is U74900MH2016PTC273903 and the company number is 273903 as per Ministry of Corporate Affairs (MCA).

  • The Official website of I Think Fitness Private Limited is https://www.ithinkfitness.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for I Think Fitness Private Limited has risen by 11.91%.

  • As Per 2023 financial reports, 73 employees are currently employed by I Think Fitness Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of I Think Fitness Private Limited has experienced an downturn of -83.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for I Think Fitness Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for I Think Fitness Private Limited was filed with the ROC on 31 Mar 2023.