Absolutee Foods Private Limited

Absolutee Foods Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U15494KA2001PTC029456 Incorporated 28 August 2001 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2025
₹16.66 Lakh
▼ 52% YoY
Net profit · FY 2025
₹12.71 Lakh
Net margin 76.3%
EBITDA · FY 2025
₹14.83 Lakh
EBITDA margin 89%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.4 Cr
Issued & subscribed
Company age
25 yrs
Est. 2001
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Absolutee Foods Private Limited

Data last updated:

Absolutee Foods Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 28 August 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15494KA2001PTC029456. Its GSTIN is 29AADCA2388R1ZX (Karnataka).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.4 Cr. It was formerly known as Absolute Foods Private Limited. It is led by directors including Shalini Jalan and Jagadish Gangappa.

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 Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹16.66 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹12.71 Lakh (net margin 76.3%) and EBITDA of ₹14.83 Lakh (EBITDA margin 89%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.

The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.56 Cr; the latest was in March 2011.

Absolutee Foods Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0001835). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neofoods.co.in.

Company details

CIN U15494KA2001PTC029456
Registration Number 029456
Incorporation Date 28 August 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0001835
Key People
Shalini Jalan Director Jagadish Gangappa Director Adarsh Jalan Director

Recognitions & Rankings of Absolutee Foods

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0001835

Contact details

Absolutee Foods Private Limited's registered office is in Bangalore, Karnataka. Its website is neofoods.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    neofoods.co.in
  • Social Media
  • Registered Address
    II Floor Block B Niton, No 11/3 Palace Road, Bangalore, Karnataka, India – 560001
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of Absolutee Foods Private Limited, buy the company report.

Comprehensive company report
Absolutee Foods 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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Business activity

The main business activity of Absolutee Foods is real estate activities. In detail, this covers real estate activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal estate activities68Real estate activities

To see the full business activity and turnover split of Absolutee Foods Private Limited, buy the company report.

Financials of Absolutee Foods Private Limited

FY 2025 filings available

Absolutee Foods Private Limited reported revenue of ₹16.66 Lakh (down 52% YoY) for FY 2025.

Revenue · FY 2025
₹16.66 Lakh ▼ 52%
Net profit · FY 2025
₹12.71 Lakh margin 76.3%
EBITDA · FY 2025
₹14.83 Lakh margin 89%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▲ 1%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 54%
3 years · compounded
▲ 7%
5 years · compounded
▼ 2%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 52% fall in the latest year. EBITDA fell 54% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹14.83 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.71 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin89%
Net Profit Margin76.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Absolutee Foods Private Limited, buy the company report.

Board of directors of Absolutee Foods Private Limited

Absolutee Foods has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shalini Jalan
Also directs: Neo Foods Private Limited, Asa Holdings Private Limited, Brar Properties and Holdings Private Limited
Director28 Aug 200125 Years 2 MonthsCurrent
Jagadish Gangappa
Also directs: Neo Foods Private Limited, Meenakshi Cerebrum Properties Limited, Asa Holdings Private Limited and 2 more
Director09 Nov 201510 Years 11 MonthsCurrent
Adarsh Jalan
Also directs: Ubvn Owners LLP, Neo Foods Private Limited, Meenakshi Tea Company Ltd. and 3 more
Director14 Dec 200619 Years 10 MonthsCurrent
View all directors

Auditor

Absolutee Foods Private Limited is audited by B S D & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
B S D & COFY 2021000312S

Shareholding

The shareholding of Absolutee Foods Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Absolutee Foods Private Limited, buy the company report.

Deals & funding

Absolutee Foods Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.56 Cr; the latest was in March 2011.

Total deals
5
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹1.56 Cr

Deals on record (4 of 5)

WhenDealAmountParties
Mar 2011Secondary share transferUndisclosedSeller: an individual
Dec 2009Funding round₹18 LakhInvestors: an individual
Nov 2007Funding round₹82 LakhInvestors: Brar Properties and Holdings Private Limited , an individual
Jan 2007Funding round₹51 LakhInvestors: an individual

To see the full deal history of Absolutee Foods Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Absolutee Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Absolutee Foods has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AADCA2388R1ZXKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Absolutee Foods Private Limited, buy the company report.

Recent activity

Absolutee Foods Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Jagadish Gangappa ceased to be Additional Director on 29 Sep 2016.

AGM
Absolutee Foods Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Absolutee Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Jagadish Gangappa ceased to be Additional Director.
Appointed
Jagadish Gangappa was appointed as Director.
Appointed
Adarsh Jalan was appointed as Director.
Appointed
Shalini Jalan was appointed as Director.
Incorporation
28 Aug 2001
Absolutee Foods Private Limited was registered on 28 Aug 2001 with Roc Bangalore & aged 25 years 2 months as per MCA records.

News

Frequently asked questions

Absolutee Foods is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 28 August 2001 (25+ years old) and is registered under CIN U15494KA2001PTC029456.

Absolutee Foods has 3 current directors:

The latest financial statements of Absolutee Foods 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 2015 are in the company report.

The GSTIN of Absolutee Foods is 29AADCA2388R1ZX, registered in Karnataka.

The CIN (Corporate Identification Number) of Absolutee Foods is U15494KA2001PTC029456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Absolutee Foods was incorporated on 28 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.

Absolutee Foods has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.56 Cr; the latest was in March 2011.

Jagadish Gangappa ceased to be Additional Director on 29 Sep 2016. Jagadish Gangappa was appointed as Director on 09 Nov 2015. Adarsh Jalan was appointed as Director on 14 Dec 2006. Absolutee Foods has 4 board changes on record in total.

Yes, Absolutee Foods is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0001835).

Absolutee Foods can be reached through the website neofoods.co.in. Its registered office is in Bangalore, Karnataka, India.