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Best Foods Limited - Company Profile

It is a food and beverages public limited company based in Chandigarh, Chandigarh, India, established in 2003.

2003 | Chandigarh, Chandigarh, India | Under Liquidation
Last Updated:

About Best Foods Limited

Best Foods Limited, a under liquidation public limited company, was established on 25 March 2003 in Chandigarh, Chandigarh, India. Engaging in staple foods & grains within the manufacturing sector, it holds CIN: U55109CH2003PLC025876. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹192.00 Cr and a paid-up capital of ₹191.40 Cr.

Formerly known as Best Foods Private Limited, Best Food International Private Limited. It upholds a active non-compliant status. Employing 3 professional, Its leadership includes Potan Devi (Director), Rohit Kumar (Additional Director), Rajesh Kumar (Additional Director). Past directors included Ankit Dhamija, Poonam Gupta, Ramesh Goel. It holds ₹2,943.69 Cr open charges and ₹3,244.18 Cr settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at 2867/2, Chandigarh Housing Board Flats, Sector - 49, Chandigarh, Chandigarh, 160047.

Company Details

  • CIN/LLPIN

    U55109CH2003PLC025876

  • Registration Number

    025876

  • Incorporation Date

    25 March 2003

  • Authorized Capital

    ₹192.00 Cr

  • Paid-Up Capital

    ₹191.40 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Indicators

  • Authorised Capital ₹ 192.00 Cr
  • Paid Up Capital ₹ 191.40 Cr
  • Company Age 22 Year, 8 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 2,943.69 Cr
  • Satisfied Charges ₹ 3,244.18 Cr
  • Revenue Growth -7.41%
  • Profit Growth -95.55%
  • Ebitda -26.10%
  • Net Worth 0.38%
  • Total Assets 2.94%
Company report

Best Foods Limited

Company Report FY 2025-2026

Explore comprehensive insights into Best Foods Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Best Foods Limited?

Current Directors

NameDesignationAppointment DateStatus
Potan DeviDirector10 Sep 2016Current
Rohit KumarAdditional Director20 May 2017Current
Rajesh KumarAdditional Director10 Oct 2017Current
Mohinder Pal JindalWhole-Time Director25 Mar 2003Current
Dinesh GuptaManaging Director25 Mar 2003Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary06 Dec 2011Past
Pramod AbcsddDirector26 Jun 2016Past
Pramod AbcsddCfo(Kmp)20 Jun 2014Past
Pramod AbcsddCompany Secretary10 Dec 2016Past
Pramod AbcsddDirector01 Oct 2016Past
Pramod AbcsddAdditional Director30 Sep 2011Past

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Financial Performance of Best Foods.

Best Foods Limited, for the financial year ended 2016, experienced Minor drop in revenue, with a 7.41% decrease. The company also saw a substantial fall in profitability, with a 95.55% decrease in profit. The company's net worth moved up by a moderate rise of 0.38%.

Best Foods revenue growth over time
Best Foods profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.41%
Revenue from Operations
-7.62%
Total Assets
2.94%
Profit or Loss
-95.55%
Net Worth
0.38%
EBITDA
-26.10%

What is the Ownership and Shareholding Structure of Best Foods?

In 2016, Best Foods had a promoter holding of 42.27% and a public holding of 57.73%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹29,436,900,000.00

Satisfied Charges

₹32,441,800,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2464.69 Cr
  • Canara Bank : 167.50 Cr
  • Central Bank Of India : 109.00 Cr
  • Others : 100.00 Cr
  • Bank Of Baroda : 50.00 Cr
  • Others : 52.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2015Tamilnad Mercantile Bank Limited₹10.00 CrOpen
28 May 2015Others₹100.00 CrOpen
23 Mar 2015Idbi Bank Limited₹35.00 CrOpen
16 Jun 2014Central Bank Of India₹109.00 CrOpen
05 Feb 2014Canara Bank₹160.00 CrOpen

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How Many Employees Work at Best Foods?

Best Foods has a workforce of 3 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Best Foods Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best Foods, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Best Foods's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Best Foods

Recent Activity within the Organization

  • Charges

    Progress on A charge with Others of Rs. 100.00 Cr registered on 28 May 2015 with Charge ID 10575405 was modified on 28 Dec 2021. was documented.

  • Director Appointment

    The activity Rajesh Kumar was appointed as a Additional Director was appointed as a Additional Director on 10 Oct 2017 & has been associated with this company since 8 years 1 month . was completed.

  • Director Appointment

    The activity Rohit Kumar was appointed as a Additional Director was appointed as a Additional Director on 20 May 2017 & has been associated with this company since 8 years 6 months . was completed.

  • Annual General Meeting

    The activity Best Foods Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was completed.

  • Director Appointment

    The activity Potan Devi was appointed as a Director was appointed as a Director on 10 Sep 2016 & has been associated with this company since 9 years 2 months . was completed.

  • Balance Sheet

    The activity Best Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chandigarh. was completed.

Frequently Asked Questions

  • What is the CIN of Best Foods Limited?

    The CIN of Best Foods Limited is U55109CH2003PLC025876.

  • Where is Best Foods Limited headquartered?

    Best Foods Limited is headquartered at 2867/2, Chandigarh Housing Board Flats, Sector - 49, Chandigarh, Chandigarh, 160047.

  • When was Best Foods Limited incorporated?

    Best Foods Limited was incorporated on 25 March 2003.

  • Who are the current directors of Best Foods Limited?

    The current directors of Best Foods Limited are

  • What is the primary industry of Best Foods Limited?

    The primary industry of Best Foods Limited is Manufacturing.

  • Is Best Foods Limited a listed company?

    Best Foods Limited is unlisted.

  • What is the capital structure of Best Foods Limited?

    The authorized capital of Best Foods Limited is ₹192.00 Cr, and the paid-up capital is ₹191.40 Cr.

  • What is the compliance status of Best Foods Limited?

    The compliance status of Best Foods Limited is Active Non-Compliant.

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