- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-02-0008249

About Ayegrow Business Solutions Private Limited
Data last updated:
Ayegrow Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the meat and fish processing and distribution segment of the food and beverages sector. It was incorporated on 20 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15100KA2012PTC064933. Its GSTIN is 32AAMCA1649Q1Z9 (Kerala).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Sajo George Mattam (Managing Director) and Majo George Mattam.
Its last annual general meeting (AGM) was held on 30 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 2022, the company reported a revenue of ₹3.64 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹60.39 Lakh (net margin -16.6%) and EBITDA of -₹50.37 Lakh (EBITDA margin -13.8%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
As per MCA filings, the company has open charges of ₹2.1 Cr on record. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 2 cases are pending.
Ayegrow Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0008249). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ayefresh.in.
Company details
CIN history
Ayegrow Business Solutions has one previous CIN (Corporate Identification Number): U74900KA2012PTC064933. The current CIN is U15100KA2012PTC064933, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15100KA2012PTC064933 | Current |
| U74900KA2012PTC064933 | Previous |
Recognitions & Rankings of Ayegrow Business Solutions
Contact details
Ayegrow Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is ayefresh.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No.260 Plazzo Mall, Ibrahim Sahib Street Commercial Street, Bangalore, Karnataka, India – 560001
- IndustryFood and Beverages, Meat & Fish Processing & Distribution
To see the full contact details of Ayegrow Business Solutions 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
Financials of Ayegrow Business Solutions Private Limited
FY 2025 filings availableAyegrow Business Solutions Private Limited reported revenue of ₹3.64 Cr (up 2% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 2% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.64 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹50.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹60.39 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.8% | ||||
| Net Profit Margin | -16.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ayegrow Business Solutions Private Limited, buy the company report.
Board of directors of Ayegrow Business Solutions Private Limited
Ayegrow Business Solutions has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Majo George Mattam | Director | 06 Feb 2017 | 9 Years 8 Months | Current |
| Sajo George Mattam | Managing Director | 07 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Ayegrow Business Solutions Private Limited is audited by J A B & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J A B & ASSOCIATES | FY 2022 | 015239S |
Shareholding
The shareholding of Ayegrow Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ayegrow Business Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2017 | 100114296 | Others | ₹86 Lakh | Open | |
| 23 Feb 2017 | 100114297 | Others | ₹40 Lakh | Open | |
| 23 Feb 2017 | 100114298 | Others | ₹84 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Ayegrow Business Solutions Private Limited has 12 court cases on record: 5 filed by Ayegrow Business Solutions, 7 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 1 |
| High courts | 3 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against Eyesome Metrics Pvt Ltd and 1 other | Pending |
| District court, Ernakulam, Kerala | Criminal miscellaneous application | Filed by the company against Eyesome Metrics Pvt Ltd | Disposed |
| High Court | Writ petition | Filed by the company against M/S. Federal Bank Ltd., and 2 others | Disposed |
| District court, Ernakulam, Kerala | Court case (MC) | Filed against the company by Federal Bank Ltd | Disposed |
| High Court, Kerala | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Ayegrow Business Solutions 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
No delayed payments to MSME suppliers are on our record for Ayegrow Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ayegrow Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAMCA1649Q1Z9 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ayegrow Business Solutions Private Limited, buy the company report.
Recent activity
Ayegrow Business Solutions Private Limited has 11 board changes on record since 2017: 2 appointments and 9 cessations. The latest: George Mattam Chacko ceased to be Director on 12 Jan 2021.
5 earlier events are in the company report.
Frequently asked questions
Ayegrow Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in meat and fish processing and distribution, within the food and beverages industry. It was incorporated on 20 July 2012 (14+ years old) and is registered under CIN U15100KA2012PTC064933.
Ayegrow Business Solutions has 2 current directors:
- Sajo George Mattam - Managing Director
- Majo George Mattam - Director
The latest financial statements of Ayegrow Business Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ayegrow Business Solutions is 32AAMCA1649Q1Z9, registered in Kerala.
The CIN (Corporate Identification Number) of Ayegrow Business Solutions is U15100KA2012PTC064933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ayegrow Business Solutions has 12 court cases on record: 5 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
Ayegrow Business Solutions was incorporated on 20 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
George Mattam Chacko ceased to be Director on 12 Jan 2021. Joji Jacob ceased to be Director on 02 Mar 2020. Sindhu Joji ceased to be Director on 02 Mar 2020. Ayegrow Business Solutions has 11 board changes on record in total.
Yes, Ayegrow Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0008249).
Ayegrow Business Solutions can be reached through the website ayefresh.in. Its registered office is in Bangalore, Karnataka, India.