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Chipsnco Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30,000
▼ 95% YoY
Net loss · FY 2024
₹1.88 Lakh
Latest filing
EBITDA · FY 2024
₹20,709
EBITDA margin 69%
Authorised capital
₹1.4 Cr
Registered with MCA
Paid-up capital
₹67.43 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Chipsnco Private Limited
Data last updated:
Chipsnco Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the food segment of the food and beverages sector. It was incorporated on 06 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15549KA2017PTC099041. Its GSTIN is 29AAGCC7900C1ZV (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.4 Cr and a paid-up capital of ₹67.43 Lakh. It is led by directors Aman Seth and Dhanush Rakesh Parekh.
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 House No:23 Near Sbi Bank Hulimavu Begur Main Road DLF New Town., Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2024, the company reported a revenue of ₹30,000, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹1.88 Lakh and EBITDA of ₹20,709 (EBITDA margin 69%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 61% over five years.
The company is associated with 1 brand: Funchies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chipsnco.com.
Company details
CIN U15549KA2017PTC099041
Registration Number 099041
Incorporation Date 06 January 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Aman Seth Director Dhanush Rakesh Parekh Director Recognitions & Rankings of Chipsnco
Contact details
Chipsnco Private Limited's registered office is in Bangalore, Karnataka. Its website is chipsnco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHouse No:23 Near Sbi Bank Hulimavu Begur Main Road DLF New Town., Bangalore, Karnataka, India – 560068
- IndustryFood And Beverages, Food, Tobacco Products, Beverage
To see the full contact details of Chipsnco Private Limited, buy the company report.
Comprehensive company report
Chipsnco 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
Chipsnco operates one associated brand: Funchies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Funchies is a brand specializing in savory snacks for consumers. | funchies.in |
Financials of Chipsnco Private Limited
FY 2025 filings availableChipsnco Private Limited reported revenue of ₹30,000 (down 95% YoY) for FY 2024.
Revenue · FY 2024
₹30,000 ▼ 95%
Net loss · FY 2024
₹1.88 Lakh
EBITDA · FY 2024
₹20,709 margin 69%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▲ 75%
5 years · compounded
▼ 61%
EBITDA CAGR growth
1 year
▲ 133%
3 years · compounded
▲ 28%
5 years · compounded
▲ 15%
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 95% fall in the latest year. EBITDA rose 133% 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 | |||||
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| Total Expenses | |||||
| EBITDA | ₹20,709 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.88 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Chipsnco Private Limited, buy the company report.
Board of directors of Chipsnco Private Limited
Chipsnco has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aman Seth | Director | 06 Jan 2017 | 9 Years 10 Months | Current |
| Dhanush Rakesh Parekh | Director | 11 Sep 2018 | 8 Years 2 Months | Current |
Auditor
Chipsnco Private Limited is audited by RAKSHITHKOTHARI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKSHITHKOTHARI | FY 2017 | 238192 |
Shareholding
The shareholding of Chipsnco Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Chipsnco Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chipsnco 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 Chipsnco Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chipsnco has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC7900C1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chipsnco Private Limited, buy the company report.
Recent activity
Chipsnco Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Parth R Shah ceased to be Director on 04 May 2021.
AGM
Chipsnco Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Chipsnco Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Parth R Shah ceased to be Director.
Ceased
Dhanush Rakesh Parekh ceased to be Additional Director.
Appointed
Dhanush Rakesh Parekh was appointed as Director.
Ceased
Shaad Ali ceased to be Additional Director.
Ceased
Sumesh Seth ceased to be Director.
Appointed
Aman Seth was appointed as Director.
Incorporation
06 Jan 2017
Chipsnco Private Limited was registered on 06 Jan 2017 with Roc Bangalore & aged 9 years 10 months as per MCA records.
Frequently asked questions
Chipsnco is an active private limited company based in Bangalore, Karnataka, India. The company works in food, within the food and beverages industry. It was incorporated on 06 January 2017 (9+ years old) and is registered under CIN U15549KA2017PTC099041.
Chipsnco has 2 current directors:
- Aman Seth - Director
- Dhanush Rakesh Parekh - Director
The latest financial statements of Chipsnco 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 2017 are in the company report.
The GSTIN of Chipsnco is 29AAGCC7900C1ZV, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Chipsnco is U15549KA2017PTC099041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chipsnco was incorporated on 06 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Parth R Shah ceased to be Director on 04 May 2021. Dhanush Rakesh Parekh ceased to be Additional Director on 17 Sep 2018. Dhanush Rakesh Parekh was appointed as Director on 11 Sep 2018. Chipsnco has 6 board changes on record in total.
Yes, Chipsnco is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Chipsnco can be reached through the website chipsnco.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Chipsnco is at House No:23 Near Sbi Bank Hulimavu Begur Main Road DLF New Town., Bangalore, Karnataka, India – 560068.
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