Clean Foods Limited
About Clean Foods Limited
Data last updated:
Clean Foods Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 23 November 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15124KA1973PLC002448. Its GSTIN is 29AAACC7602F1ZW (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.9 Cr. It was formerly known as Cleanfoods Corporation Limited. It is led by directors including Tata Rao Kottu and Manikampillai Somasundaram Arun Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 11, Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹52.05 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net profit of ₹4.7 Cr (net margin 9%) and EBITDA of ₹15.49 Cr (EBITDA margin 29.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 89% over five years.
The company is associated with 1 brand: Gardencity. As per MCA filings, the company has satisfied charges of ₹107.14 Cr on record. Court records list 31 cases involving the company, including 12 filed by the company and 19 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹13.66 Cr; the latest was in April 2009.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Clean Foods has one previous CIN (Corporate Identification Number): U85110KA1973PLC002448. The current CIN is U15124KA1973PLC002448, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15124KA1973PLC002448 | Current |
| U85110KA1973PLC002448 | Previous |
Contact details
Clean Foods Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor No. N 46 9th B Main Lic Colony, Hal 3rd Stage Sector 11, Bangalore, Karnataka, India – 560075
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Clean Foods Limited, buy the company report.
- 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
Brands
Clean Foods operates one associated brand: Gardencity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development of residential, commercial, and retail spaces in strategic locations. | gardencityrealty.in |
Business activity
The main business activities of Clean Foods are accommodation and food service and real estate. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc. and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Clean Foods Limited, buy the company report.
Financials of Clean Foods Limited
FY 2024 filings availableClean Foods Limited reported revenue of ₹52.05 Cr (up 91% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 89% over five years, including 91% growth in the latest year. EBITDA fell 12% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹15.49 Cr | ||||
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| Net Profit (PAT) | ₹4.7 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 29.8% | ||||
| Net Profit Margin | 9% | ||||
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To see the full financial statements and ratios of Clean Foods Limited, buy the company report.
Board of directors of Clean Foods Limited
Clean Foods has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tata Rao Kottu Also directs: S S R B Food Processing Private Limited, Sun-Sip Limited, Vishrut Vasusri Constructions LLP and 4 more | Director | 28 Sep 1998 | 28 Years 1 Months | Current |
| Manikampillai Somasundaram Arun Kumar Also directs: Venkateswara Agro Private Limited, Astra Transport Services Private Limited, S S R B Food Processing Private Limited and 4 more | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
| Kottu Suryachandra Rao Also directs: Venkateswara Agro Private Limited, Venkatalakshmy Agro Private Limited, Astra Transport Services Private Limited and 5 more | Director | 16 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Clean Foods Limited is audited by ABARNA & ANANTHAN for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABARNA & ANANTHAN | FY 2021 | 000003S |
Shareholding
The shareholding of Clean Foods Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clean Foods Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2009 | 10162572 | Karnataka Bank Limited | ₹4 Cr | Satisfied | |
| 24 Jun 2008 | 10107407 | The Hongkong and Shanghai Banking Corporation Ltd | ₹30 Cr | Satisfied | |
| 29 Mar 2007 | 10046806 | Asset Reconstruction Company (India) Limited | ₹5 Cr | Satisfied | |
| 16 Mar 2007 | 10046807 | Asset Reconstruction Company (India) Limited | ₹22 Cr | Satisfied | |
| 24 May 2006 | 10005426 | State Bank of India | ₹20 Cr | Satisfied |
To see the full charge records of Clean Foods Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Clean Foods Limited has 1 deal on record (1 funding round), with disclosed funding of ₹13.66 Cr; the latest was in April 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2009 | Funding round | ₹13.66 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Clean Foods Limited has 31 court cases on record: 12 filed by Clean Foods, 19 filed against it. 2 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 18 | 0 |
| High courts | 12 | 1 | 2 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by Shriram Properties Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by M/S Shriram Properties Limited and 1 other | Disposed |
| District court, New Delhi, Delhi | Appeal | Filed against the company by Capital Foods Ltd. | Disposed |
| District court, New Delhi, Delhi | Revision petition | Filed against the company by Capital Foods Ltd | Disposed |
| High Court | Appeal | Filed by the company against an individual | Pending |
To see the full case history of Clean Foods Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clean Foods Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Clean Foods has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACC7602F1ZW | Karnataka | Active | 01 Jul 2017 |
| 37AAACC7602F1ZZ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clean Foods Limited, buy the company report.
Recent activity
Clean Foods Limited has 9 board changes on record since 1998: 3 appointments and 6 cessations. The latest: Manikampillai Somasundaram Arun Kumar ceased to be Additional Director on 30 Nov 2021.
34 earlier events are in the company report.
Frequently asked questions
Clean Foods is an active public limited company based in Bangalore, Karnataka, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 23 November 1973 (53+ years old) and is registered under CIN U15124KA1973PLC002448.
Clean Foods has 3 current directors:
- Tata Rao Kottu - Director
- Manikampillai Somasundaram Arun Kumar - Director
- Kottu Suryachandra Rao - Director
The latest financial statements of Clean Foods on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Clean Foods is 29AAACC7602F1ZW, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAACC7602F1ZZ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Clean Foods is U15124KA1973PLC002448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clean Foods has 31 court cases on record: 12 filed by the company and 19 filed against it. 2 are pending. Most are in the district courts.
Clean Foods was incorporated on 23 November 1973, making it 53+ years old. It is registered with the Registrar of Companies, Bangalore.
Clean Foods has 1 deal on record (1 funding round), with disclosed funding of ₹13.66 Cr; the latest was in April 2009.
Manikampillai Somasundaram Arun Kumar ceased to be Additional Director on 30 Nov 2021. Manikampillai Somasundaram Arun Kumar was appointed as Director on 25 Feb 2021. Subramaniam Chidambaram ceased to be Additional Director on 30 Sep 2019. Clean Foods has 9 board changes on record in total.
The registered office of Clean Foods is at 1st Floor No. N 46 9th B Main Lic Colony, Hal 3rd Stage Sector 11, Bangalore, Karnataka, India – 560075.
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