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Blisswater Industries Private Limited - food and beverages in Goa, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.48 Cr
▲ 19% YoY
Net profit · FY 2024
₹91,696
Net margin 0.1%
EBITDA · FY 2024
₹29.83 Lakh
EBITDA margin 4.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.35 Lakh
Issued & subscribed
Open charges
₹8.75 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Blisswater Industries Private Limited
Data last updated:
Blisswater Industries Private Limited is a private limited company based in Goa, India, recognised as a startup by DPIIT. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 26 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U15500GA2018PTC013751. Its GSTIN is 30AAICB0908M1ZW (Goa). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.35 Lakh. It is led by directors including Satyen Kanta Shet Arsekar and Ashok Krishna Bhat.
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 No F/4 First Floor A Building Excelsior Chamber Opposite To Kotak Mahindra Bank M.G.Roa, D, Goa, India – 403001.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.48 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹91,696 (net margin 0.1%) and EBITDA of ₹29.83 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 300% over three years.
The company is associated with 1 brand: Rahasya. As per MCA filings, the company has open charges of ₹8.75 Cr on record. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.83 Cr; the latest was in September 2022. Its 3 peer companies in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 2 smaller; the largest is Maximus Breweries & Distilleries Private Limited with revenue of ₹6.82 Cr.
Blisswater Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0010872). For more details, the company can be reached via its website rahasya.vodka.
Company details
CIN U15500GA2018PTC013751
Registration Number 013751
Incorporation Date 26 October 2018
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GA-01-0010872
Recognitions & Rankings of Blisswater Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GA-01-0010872
Contact details
Blisswater Industries Private Limited's registered office is in Goa. Its website is rahasya.vodka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo F/4 First Floor A Building Excelsior Chamber Opposite To Kotak Mahindra Bank M.G.Roa, D, Goa, India – 403001
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Blisswater Industries Private Limited, buy the company report.
Comprehensive company report
Blisswater Industries 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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Brands
Blisswater Industries operates one associated brand: Rahasya. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Vodka is branded and distributed under Rahasya in India. | rahasya.vodka |
Business activity
The main business activity of Blisswater Industries is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Blisswater Industries Private Limited, buy the company report.
Financials of Blisswater Industries Private Limited
FY 2025 filings availableBlisswater Industries Private Limited reported revenue of ₹6.48 Cr (up 19% YoY) for FY 2024.
Revenue · FY 2024
₹6.48 Cr ▲ 19%
Net profit · FY 2024
₹91,696 margin 0.1%
EBITDA · FY 2024
₹29.83 Lakh margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 300%
EBITDA CAGR growth
1 year
▲ 123%
3 years · compounded
▲ 33%
5 years · compounded
▲ 83%
Revenue has grown at a compounded annual rate (CAGR) of 300% over three years, including 19% growth in the latest year. EBITDA rose 123% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹29.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹91,696 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Blisswater Industries Private Limited, buy the company report.
Board of directors of Blisswater Industries Private Limited
Blisswater Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyen Kanta Shet Arsekar | Director | 26 Oct 2018 | 8 Years 0 Months | Current |
| Ashok Krishna Bhat | Director | 26 Oct 2018 | 8 Years 0 Months | Current |
| Varna Ashok Bhat Also directs: Stracuity Consulting Private Limited | Director | 26 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Blisswater Industries Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maximus Breweries & Distilleries Private Limited | ₹6.82 Cr (FY 2025) | 776.0% | Bangalore, Karnataka, India | |||
| Blisswater Industries Private Limitedthis company | ₹6.48 Cr (FY 2024) | ₹91,696 | 0.1% | 19.0% | Goa, India | |
| Charosa Wineries Limited | ₹6.47 Cr (FY 2025) | 604.0% | Mumbai, Maharashtra, India | |||
| Piccadily Sugar and Allied Industries Limited | ₹6.36 Cr (FY 2025) | 2.0% | Punjab, India |
To see the full peer comparison of Blisswater Industries Private Limited, buy the company report.
Auditor
Blisswater Industries Private Limited is audited by S B M Y & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B M Y & Co LLP | FY 2022 | 015915S/S200140 |
Shareholding
The shareholding of Blisswater Industries Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Blisswater Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101210998 | Others | ₹3.75 Cr | Open | |
| 15 Jun 2023 | 100748896 | Others | ₹5 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Blisswater Industries Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.83 Cr; the latest was in September 2022.
Total deals
5
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹8.83 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round · Series B | ₹2.51 Cr | Investors: Indecapital Re LLP , an individual |
| Jun 2022 | Funding round · Series A | ₹2.5 Cr | Investors: Indecapital Re LLP , 2 individuals |
| Jul 2021 | Funding round · Seed | ₹2.5 Cr | Investors: CC One Venture Labs, Urmin Group Family Office, Durain Enterprise LLP |
| May 2021 | Funding round | ₹1.32 Cr | Investors: 2 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Blisswater Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blisswater Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blisswater Industries has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAICB0908M1ZW | Goa | Active | 11 Mar 2020 |
| 29AAICB0908M1ZF | Karnataka | Active | 05 Mar 2020 |
To see the full GST registrations and return filing status of Blisswater Industries Private Limited, buy the company report.
Recent activity
Blisswater Industries Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Chinmay Tiwari ceased to be Director on 15 Jan 2020.
AGM
Blisswater Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 375.00 Lakh with Charge ID 101210998 was registered on 30 Sep 2025.
Filing
Blisswater Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100748896 was registered on 15 Jun 2023.
Ceased
Chinmay Tiwari ceased to be Director.
Appointed
Ashok Krishna Bhat was appointed as Director.
Appointed
Satyen Kanta Shet Arsekar was appointed as Director.
Appointed
Varna Ashok Bhat was appointed as Director.
Incorporation
26 Oct 2018
Blisswater Industries Private Limited was registered on 26 Oct 2018 with Roc Goa & aged 8 years 11 days as per MCA records.
Frequently asked questions
Blisswater Industries is an active private limited company based in Goa, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 26 October 2018 (8+ years old) and is registered under CIN U15500GA2018PTC013751.
Blisswater Industries has 3 current directors:
- Satyen Kanta Shet Arsekar - Director
- Ashok Krishna Bhat - Director
- Varna Ashok Bhat - Director
The latest financial statements of Blisswater Industries 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 FY 2019 are in the company report.
The GSTIN of Blisswater Industries is 30AAICB0908M1ZW, registered in Goa. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAICB0908M1ZF (Karnataka).
The CIN (Corporate Identification Number) of Blisswater Industries is U15500GA2018PTC013751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blisswater Industries was incorporated on 26 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Goa.
Blisswater Industries has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.83 Cr; the latest was in September 2022.
The peers of Blisswater Industries by revenue are Maximus Breweries & Distilleries Private Limited, Charosa Wineries Limited, Piccadily Sugar and Allied Industries Limited, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Chinmay Tiwari ceased to be Director on 15 Jan 2020. Ashok Krishna Bhat was appointed as Director on 26 Oct 2018. Satyen Kanta Shet Arsekar was appointed as Director on 26 Oct 2018. Blisswater Industries has 4 board changes on record in total.
Yes, Blisswater Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Blisswater Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GA-01-0010872).
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