About Borges India Private Limited
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Borges India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Borges Branded Foods Slu. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 07 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15400DL2009PTC193989. Its GSTIN is 07AADCB8513F1ZW (Delhi). The company holds 16 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹58.52 Cr. It is led by directors including Vishal Gupta (Managing Director) and David Prats Palomo.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 47 Lower Ground Floor Hauz Khas, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2024, the company reported a revenue of ₹214.41 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹13.73 Cr (net margin 6.4%) and EBITDA of ₹18.6 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹43.51 Cr; the latest was in May 2019. Its 3 peer companies in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is BRS Refineries Private Limited with revenue of ₹217.64 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 581 overdue payments to 36 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website borges1896.com.
Company details
Contact details
Borges India Private Limited's registered office is in New Delhi, Delhi. Its website is borges1896.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 47 Lower Ground Floor Hauz Khas, New Delhi, Delhi, India – 110016
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Borges India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Borges India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Borges India Private Limited, buy the company report.
Financials of Borges India Private Limited
FY 2024 filings availableBorges India Private Limited reported revenue of ₹214.41 Cr (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 32% growth in the latest year. EBITDA rose 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹18.6 Cr | ||||
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| Net Profit (PAT) | ₹13.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Borges India Private Limited, buy the company report.
Board of directors of Borges India Private Limited
Borges India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Prats Palomo | Director | 07 Sep 2009 | 17 Years 1 Months | Current |
| Jaime Roig Farres | Director | 24 Dec 2019 | 6 Years 10 Months | Current |
| Vishal Gupta | Managing Director | 23 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Borges India Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BRS Refineries Private Limited | ₹217.64 Cr (FY 2025) | 59.0% | Hyderabad, Telangana, India | |||
| Vertex Sales Private Limited | ₹214.94 Cr (FY 2025) | 532.0% | Mumbai, Maharashtra, India | |||
| Borges India Private Limitedthis company | ₹214.41 Cr (FY 2024) | ₹13.73 Cr | 6.4% | 32.0% | New Delhi, Delhi, India | |
| Bakedempire Trading Private Limited | ₹212.72 Cr (FY 2024) | 64.0% | Kolhapur, Maharashtra, India |
To see the full peer comparison of Borges India Private Limited, buy the company report.
Auditor
Borges India Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP | FY 2022 | 012754N/N500016 |
Shareholding
The shareholding of Borges India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Borges India Private Limited, buy the company report.
Deals & funding
Borges India Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹43.51 Cr; the latest was in May 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Rights issue | ₹15 Cr | Investors: Borges International SL, an individual |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Aceites Borges Pont SA |
| Nov 2013 | Funding round | ₹12.59 Cr | Investors: Aceites Borges Pont SA |
| May 2012 | Funding round | ₹24.46 Cr | Investors: Aceites Borges Pont SA |
| May 2010 | Funding round | ₹6.46 Cr | Investors: Aceites Borges Pont SA |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Borges India Private Limited has 7 court cases on record: 3 filed by Borges India, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Commercial suit | Filed against the company | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Revision petition | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
To see the full case history of Borges India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Borges India Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 581 overdue payments to 36 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Babaji Shivram Clearing and Carriers Private Limited | |||
| Cogos Technologies Private Limited | |||
| Bhavesh Packaging Industries | |||
| Shipit Express Logistics Private Limited | |||
| Ryder Shipping Lines Private Limited |
To see the full MSME payment records of Borges India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Borges India has 16 GST registrations: 14 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCB8513F1ZW | Delhi | Active | 01 Jul 2017 |
| 07AADCB8513F2ZV | Delhi | Active | 02 Jul 2017 |
| 03AADCB8513F1Z4 | Punjab | Active | 01 Jul 2017 |
| 09AADCB8513F1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Borges India Private Limited, buy the company report.
Recent activity
Borges India Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Vishal Gupta ceased to be Director on 10 Feb 2021.
Frequently asked questions
Borges India is an active private limited company based in New Delhi, Delhi, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 07 September 2009 (17+ years old) and is registered under CIN U15400DL2009PTC193989.
Borges India has 3 current directors:
- Vishal Gupta - Managing Director
- David Prats Palomo - Director
- Jaime Roig Farres - Director
The latest financial statements of Borges India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Borges India is 07AADCB8513F1ZW, registered in Delhi. The company has 16 GST registrations in all, of which 14 are active and 2 are cancelled or inactive. Other active GSTINs include 07AADCB8513F2ZV (Delhi), 03AADCB8513F1Z4 (Punjab), 09AADCB8513F1ZS (Uttar Pradesh).
The CIN (Corporate Identification Number) of Borges India is U15400DL2009PTC193989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Borges India has 7 court cases on record: 3 filed by the company and 4 filed against it. Most are in the district courts.
Borges India was incorporated on 07 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Borges India has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹43.51 Cr; the latest was in May 2019.
The peers of Borges India by revenue are BRS Refineries Private Limited, Vertex Sales Private Limited, Bakedempire Trading Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Vishal Gupta ceased to be Director on 10 Feb 2021. Jaime Roig Farres ceased to be Additional Director on 10 Nov 2020. Jose Pont Amenos ceased to be Director on 11 Feb 2020. Borges India has 7 board changes on record in total.
Borges India has 13 MSME Form 1 returns on record between 2019 and 2024, listing 581 overdue payments to 36 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Borges India can be reached through the website borges1896.com. Its registered office is in New Delhi, Delhi, India.