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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 192.00 Cr
  • Paid Up Capital ₹ 191.40 Cr
  • Company Age 22 Year, 10 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Potan Devi Director 10 Sep 2016 Current
Rohit Kumar Additional Director 20 May 2017 Current
Rajesh Kumar Additional Director 10 Oct 2017 Current
Mohinder Pal Jindal Whole-Time Director 25 Mar 2003 Current
Dinesh Gupta Managing Director 25 Mar 2003 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary 06 Dec 2011 Past
Pramod Abcsdd Director 26 Jun 2016 Past
Pramod Abcsdd Cfo(Kmp) 20 Jun 2014 Past
Pramod Abcsdd Company Secretary 10 Dec 2016 Past
Pramod Abcsdd Director 01 Oct 2016 Past
Pramod Abcsdd Additional Director 30 Sep 2011 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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-7.41%
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Revenue from Operations
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-7.62%
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Total Assets
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2.94%
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Profit or Loss
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-95.55%
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Net Worth
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0.38%
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EBITDA
*******
-26.10%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
30 Dec 2015 Tamilnad Mercantile Bank Limited ₹10.00 Cr Open
28 May 2015 Others ₹100.00 Cr Open
23 Mar 2015 Idbi Bank Limited ₹35.00 Cr Open
16 Jun 2014 Central Bank Of India ₹109.00 Cr Open
05 Feb 2014 Canara Bank ₹160.00 Cr Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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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 4 months . was completed.

  • Director Appointment

    Progress on 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 8 months . was documented.

  • Annual General Meeting

    Best Foods Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    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 5 months . was recorded as a recent event.

  • Balance Sheet

    Best Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chandigarh. was recorded as a recent event.

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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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