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Heni Innovation Private Limited - food and beverages in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.37 Cr
▼ 18% YoY
Net loss · FY 2025
₹3.8 Cr
Net margin -276.9%
EBITDA · FY 2025
-₹2.85 Cr
EBITDA margin -207.1%
Authorised capital
₹23 Lakh
Registered with MCA
Paid-up capital
₹8.37 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
15
Provident fund records
Directors on board
5
As per MCA filings
About Heni Innovation Private Limited
Data last updated:
Heni Innovation Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 24 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U73200GJ2021PTC120542. Its GSTIN is 24AAFCH6760A1ZX (Gujarat).
The company has an authorised share capital of ₹23 Lakh and a paid-up capital of ₹8.37 Lakh. It is led by directors including Parini Sohil Kapadia and Sohil Kantilal Kapadia.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.37 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹3.8 Cr (net margin -276.9%) and EBITDA of -₹2.85 Cr (EBITDA margin -207.1%).
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zero Cow Factory. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹35.34 Cr; the latest was in April 2023. Its 10 peer companies in the Food and Beverages industry (Milk and Dairy Products) are compared by revenue, 5 larger and 5 smaller; the largest is Sattvishtik Wellness Farms Private Limited with revenue of ₹1.42 Cr.
Heni Innovation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0150182). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zerocowfactory.com.
Company details
CIN U73200GJ2021PTC120542
Registration Number 120542
Incorporation Date 24 February 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0150182
Key People
Parini Sohil Kapadia Director Sohil Kantilal Kapadia Director Saurabh Rajan Nair Nominee Director Recognitions & Rankings of Heni Innovation
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0150182
Contact details
Heni Innovation Private Limited's registered office is in Surat, Gujarat. Its website is zerocowfactory.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 503 Harmony Dumas Road, Vesu, Surat, Gujarat, India – 395007
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Heni Innovation Private Limited, buy the company report.
Comprehensive company report
Heni Innovation Private Limited - one report that includes everything
- 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
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Brands
Heni Innovation operates one associated brand: Zero Cow Factory. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Microbe-based milk proteins are produced via bioengineering and fermentation. | zerocowfactory.com |
Financials of Heni Innovation Private Limited
FY 2025 filings availableHeni Innovation Private Limited reported revenue of ₹1.37 Cr (down 18% YoY) for FY 2025.
Revenue · FY 2025
₹1.37 Cr ▼ 18%
Net loss · FY 2025
₹3.8 Cr margin -276.9%
EBITDA · FY 2025
-₹2.85 Cr margin -207.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▼ 474%
Revenue fell 18% in the latest year. EBITDA rose 53% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹2.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.8 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -207.1% | ||||
| Net Profit Margin | -276.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Heni Innovation Private Limited, buy the company report.
Board of directors of Heni Innovation Private Limited
Heni Innovation has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parini Sohil Kapadia | Director | 24 Feb 2021 | 5 Years 8 Months | Current |
| Sohil Kantilal Kapadia Also directs: Shramista Tech Private Limited | Director | 24 Feb 2021 | 5 Years 8 Months | Current |
| Saurabh Rajan Nair Also directs: Zoivane Naturale Cosmetics Private Limited, Genexis Biotech Private Limited, Happy Reliable Surgeries Private Limited and 5 more | Nominee Director | 28 Mar 2025 | 1 Years 7 Months | Current |
| Karan Deepak Mehta | Nominee Director | 28 Jun 2024 | 2 Years 4 Months | Current |
| Shubham Sandeep Also directs: Clean Electric Private Limited, Uleo Space Private Limited, Green Aero Propulsion Private Limited and 1 more | Nominee Director | 25 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Heni Innovation Private Limited is compared with the 10 companies closest to it by revenue in the Food and Beverages industry (Milk and Dairy Products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sattvishtik Wellness Farms Private Limited | ₹1.42 Cr (FY 2025) | 40.0% | Ahmedabad, Gujarat, India | |||
| Contrast Icecream Private Limited | ₹1.4 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Devam Dairy & Farms Private Limited | ₹1.39 Cr (FY 2021) | -33.0% | Delhi, India | |||
| Daurau Farm LLP | ₹1.39 Cr (FY 2022) | -10.0% | Delhi, India | |||
| Jehsom Food Products Private Limited | ₹1.38 Cr (FY 2025) | 55.0% | Mumbai, Maharashtra, India | |||
| Heni Innovation Private Limitedthis company | ₹1.37 Cr (FY 2025) | -₹3.8 Cr | -276.9% | -18.0% | Surat, Gujarat, India | |
| Himalayan Agrofoods Private Limited | ₹1.37 Cr (FY 2025) | -14.0% | Paota, Rajasthan, India | |||
| Shreyas Milk & Milk Products Private Limited | ₹1.36 Cr (FY 2019) | -91.0% | Athani, Karnataka, India | |||
| Lake Shore Realty Limited | ₹1.36 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Tharagampatti Dairy Farmer Producer Company Limited | ₹1.35 Cr (FY 2024) | 120.0% | Karur, Tamil Nadu, India | |||
| Gopali Dairy and Farms Private Limited | ₹1.35 Cr (FY 2024) | -53.0% | Delhi, India |
To see the full peer comparison of Heni Innovation Private Limited, buy the company report.
Auditor
Heni Innovation Private Limited is audited by Rasesh Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rasesh Shah & Co. | FY 2023 | 137921W |
Shareholding
The shareholding of Heni Innovation Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Heni Innovation Private Limited, buy the company report.
Deals & funding
Heni Innovation Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹35.34 Cr; the latest was in April 2023.
Total deals
2
Funding rounds
2
Disclosed funding
₹35.34 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Funding round · Seed | ₹33.2 Cr | Investors: GVFL, pi Ventures, GFC Project Clean Milk SPV LLC |
| Nov 2022 | Funding round | ₹2.15 Cr | Investors: Brinc, Artesian Venture Partners |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Heni Innovation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Heni Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Heni Innovation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCH6760A1ZX | Gujarat | Active | 02 Jun 2022 |
To see the full GST registrations and return filing status of Heni Innovation Private Limited, buy the company report.
Recent activity
Heni Innovation Private Limited has 9 board changes on record since 2021: 7 appointments and 2 cessations. The latest: Saurabh Rajan Nair was appointed as Nominee Director on 28 Mar 2025.
AGM
Heni Innovation Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Heni Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Saurabh Rajan Nair was appointed as Nominee Director.
Ceased
Kamal Bansal ceased to be Nominee Director.
Appointed
Karan Deepak Mehta was appointed as Nominee Director.
Ceased
Sandeep Mahendra Bhammer ceased to be Nominee Director.
Appointed
Sandeep Mahendra Bhammer was appointed as Nominee Director.
Appointed
Kamal Bansal was appointed as Nominee Director.
Appointed
Shubham Sandeep was appointed as Nominee Director.
Appointed
Parini Sohil Kapadia was appointed as Director.
Appointed
Sohil Kantilal Kapadia was appointed as Director.
Incorporation
24 Feb 2021
Heni Innovation Private Limited was registered on 24 Feb 2021 with Roc Ahmedabad & aged 5 years 8 months as per MCA records.
News
Frequently asked questions
Heni Innovation is an active private limited company based in Surat, Gujarat, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 24 February 2021 (5+ years old) and is registered under CIN U73200GJ2021PTC120542.
Heni Innovation has 5 current directors:
- Parini Sohil Kapadia - Director
- Sohil Kantilal Kapadia - Director
- Saurabh Rajan Nair - Nominee Director
- Karan Deepak Mehta - Nominee Director
- Shubham Sandeep - Nominee Director
The latest financial statements of Heni Innovation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Heni Innovation is 24AAFCH6760A1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Heni Innovation is U73200GJ2021PTC120542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heni Innovation was incorporated on 24 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Heni Innovation has 2 deals on record (2 funding rounds), with disclosed funding of ₹35.34 Cr; the latest was in April 2023.
The peers of Heni Innovation by revenue are Sattvishtik Wellness Farms Private Limited, Contrast Icecream Private Limited, Devam Dairy & Farms Private Limited, Daurau Farm LLP, Jehsom Food Products Private Limited and 5 more, all in the Food and Beverages industry (Milk and Dairy Products).
Saurabh Rajan Nair was appointed as Nominee Director on 28 Mar 2025. Kamal Bansal ceased to be Nominee Director on 30 Sep 2024. Karan Deepak Mehta was appointed as Nominee Director on 28 Jun 2024. Heni Innovation has 9 board changes on record in total.
Yes, Heni Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Heni Innovation is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0150182).
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