About Avadh
Avadh is a Consumer company based in Rajkot (India) founded in 2012 by Rajesh Savani, and was acquired by Yellow Diamond in August 2018. Private label namkeen and savory snacks are manufactured by Avadh. The company has 260 employees. Its Indian entity Avadh Snacks Private Limited reported revenue of ₹184 Cr. Avadh offers products and services including Namkeens. Its focus areas include Food and Agriculture, Food & Beverage Products, Convenience Foods and Snacks. Its competitors include Yoga Bar, Yellow Diamond and True Elements; 3 of its 3 listed competitors have raised funding.
Company details
Avadh was established in 2012 in Rajkot, India, as a private label brand focused on namkeen and savory snacks. The product portfolio consists of Fryums and Namkeen items. The brand was previously known as Anadh namkeen. Operations serve customers throughout India in the food manufacturing sector.
- Headquarters Rajkot, India
- Employees 260
- Founders Rajesh Savani
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website avadhgroup.com
- Acquired by Yellow Diamond (Aug 2018)
- Legal Name Avadh Snacks Private Limited
- Date of Incorporation 25 Aug, 2017
- Jurisdiction Nikava, Gujarat, India
- Annual Revenue₹184 Cr
FY 2022 · +8% YoY
- Net Profit₹1.50 Cr
FY 2022 · 1% margin
- EBITDA₹4.63 Cr
FY 2022 · 3% margin
- Investors
- Employee Count260
- Acquired byYellow Diamond
(Aug 2018)
Associated legal entities of Avadh
Avadh operates through Avadh Snacks Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avadh Snacks Private Limited CIN U15132GJ2017PTC098837 | Amalgamated | 25 Aug 2017 | Nikava, Gujarat | ₹184 Cr | 260 | 6 | View details |
Products & Services of Avadh
Avadh offers a comprehensive portfolio of products and services, including Namkeens.
Traditional Indian savoury snacks manufactured for sale and distribution.
Investors in Avadh
Avadh has secured backing from 1 investor. Prominent investors backing the company include Yellow Diamond.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufactures and sells package snacks like chips, savouries and puffs | 2003 | yellowdiamond.in | Indore, India |
Investor details for Avadh
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Board of directors of Avadh Snacks Private Limited (Avadh)
Avadh Snacks Private Limited is the primary company behind Avadh. The board of Avadh Snacks Private Limited currently have 6 directors; the longest-serving is Neel Rasikbhai Jagani, appointed in 2017. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Neel Rasikbhai Jagani DIN 07357621 | Whole-time director | 25 Aug 2017 | 9 yrs 1 mo | Avadh Snacks Private Limited |
| Rajeshbhai Mansukhbhai Savani DIN 07357631 | Director | 25 Aug 2017 | 9 yrs 1 mo | Avadh Snacks Private Limited |
| Amit Kumar Kumat DIN 02663687 | Director | 01 Oct 2018 | 8 yrs | Avadh Snacks Private Limited |
| Arvind Kumar Mehta DIN 00215183 | Director | 01 Oct 2018 | 8 yrs | Avadh Snacks Private Limited |
| Girish Nair DIN 00273501 | Director | 06 Nov 2019 | 6 yrs 11 mo | Avadh Snacks Private Limited |
| Bharadwaj Thiruvenkata Venkatavaraghavan DIN 02918495 | Director | 06 Nov 2019 | 6 yrs 11 mo | Avadh Snacks Private Limited |
People of Avadh
1 people are tracked at Avadh (1 in leadership); the tracked headcount is 260.
| Name | Role | Group |
|---|---|---|
Rajesh Savani | Founder | Leadership |
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Financials of Avadh
Figures of Avadh Snacks Private Limited, the primary company behind Avadh, for FY 2022. Revenue was ₹184 Cr (+8% year on year). Net profit was ₹1.50 Cr (1% margin). EBITDA was ₹4.63 Cr (3% margin). Revenue has grown at a compounded annual rate of +6% over three years.
- ₹184 CrRevenue · FY 2022 · +8% YoY
- ₹1.50 CrNet profit · 1% margin
- ₹4.63 CrEBITDA · 3% margin
- ₹71.1 LakhPaid-up capital
- 260Employees (provident fund records)
- +6%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Avadh Snacks Private Limited are on its company page.
Detailed financial statements for Avadh
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Timeline of Avadh
2 dated milestones of Avadh across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Avadh is founded.
- Exit Acquired by Yellow Diamond.
Competitors of Avadh
Avadh has 3 listed competitors in our database, 3 of them funded. They include Yoga Bar, Yellow Diamond and True Elements.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yogabars.in | 2014 | Bengaluru, India | $23.62M | 257 | Protein-based food products are offered via an online platform. | |
| yellowdiamond.in | 2003 | Indore, India | $40.7M | 1,200 | Manufactures and sells package snacks like chips, savouries and puffs | |
| true-elements.com | 2013 | Pune, India | $3.38M | 580 | Health snacks and supplements are manufactured and marketed. |
Detailed competitors of Avadh
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Avadh (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Related news about Avadh
Complete news archive for Avadh
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Frequently Asked Questions about Avadh
Avadh was founded in 2012.
Avadh is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
Avadh has 260 employees.
The primary company behind Avadh, Avadh Snacks Private Limited, reported revenue of ₹184 Cr for FY 2022, up 8% year on year.
Avadh was established in 2012 in Rajkot, India, as a private label brand focused on namkeen and savory snacks. The product portfolio consists of Fryums and Namkeen items. The brand was previously known as Anadh namkeen. Operations serve customers throughout India in the food manufacturing sector.
Avadh's top competitors include Yoga Bar, Yellow Diamond and True Elements.
Avadh offers Namkeens.
Avadh has 1 investor. Key investors include Yellow Diamond.
Avadh operates through Avadh Snacks Private Limited.
Yes. Avadh was acquired by Yellow Diamond in August 2018.
The legal entities of Avadh currently have 6 directors, including Amit Kumar Kumat, Girish Nair, Neel Rasikbhai Jagani and others.