About Ethnic Spices Private Limited
Data last updated:
Ethnic Spices Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 23 March 2005.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45200AP2005PTC045698. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹11.5 Cr. It was formerly known as Sankeertana Cold Storage Private Limited and Venkata Narasimha Cold Staorage Private Limited. It is led by directors Tadisetti Venkata Rao (Managing Director) and Tadisetty Murali Mohan.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 6 – 23 – 6/B Jaya Towers 5/4 Arundelpet, Guntur, Andhra Pradesh, India – 522002.
As per the financials filed for FY 2017, the company reported a revenue of ₹112.71 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹54.06 Lakh (net margin 0.5%) and EBITDA of ₹5.57 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹3 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.49 Cr; the latest was in March 2015.
The last known website on record is ethnictobaccoindia.com.
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- Registered Address6 – 23 – 6/B Jaya Towers 5/4 Arundelpet, Guntur, Andhra Pradesh, India – 522002
- IndustryAgriculture, Agro Retail & Distribution
- 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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Financials of Ethnic Spices Private Limited FY 2017 filings available
Ethnic Spices Private Limited reported revenue of ₹112.71 Cr (up 2% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Ethnic Spices Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 2% growth in the latest year. EBITDA rose 5% 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 of Ethnic Spices Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹112.71 Cr | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹5.57 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹54.06 Lakh | •••• | •••• |
| 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 of Ethnic Spices Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.9% | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ethnic Spices are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Ethnic Spices Private Limited
Auditor information for Ethnic Spices Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Ethnic Spices Private Limited
Ethnic Spices has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tadisetty Murali Mohan | Director | 28 Feb 2007 | 19 Years 7 Months | As last reported |
| Tadisetti Venkata Rao | Managing Director | 28 Feb 2007 | 19 Years 7 Months | As last reported |
Ownership and Shareholding of Ethnic Spices Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ethnic Spices Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2009 | State Bank of India | ₹40 Cr | Open |
| 28 Sep 2007 | State Bank of India | ₹3 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Ethnic Spices Private Limited
Ethnic Spices Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.49 Cr; the latest was in March 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹2 Cr | Investors: 2 individuals |
| Jul 2013 | Funding round | ₹6.2 Cr | Investors: 2 individuals |
| Mar 2010 | Funding round | ₹3.29 Cr | Investors: 2 individuals |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ethnic Spices Private Limited
Ethnic Spices Private Limited has 2 court cases on record: 1 filed by Ethnic Spices, 1 filed against it. 1 case is pending and 1 is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Court case (CRLP) | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by State Bank of India | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ethnic Spices Private Limited
Employment history and EPFO contributions of people linked to Ethnic Spices.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Ethnic Spices Private Limited
Ethnic Spices has undergone 2 name changes throughout its history. The company was previously known as Sankeertana Cold Storage Private Limited, and Venkata Narasimha Cold Staorage Private Limited. The current legal name is Ethnic Spices Private Limited.
| Company Name | Status |
|---|---|
| Ethnic Spices Private Limited | Current |
| Sankeertana Cold Storage Private Limited | Previous |
| Venkata Narasimha Cold Staorage Private Limited | Previous |
Recent Activity on Ethnic Spices Private Limited
Ethnic Spices Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Tadisetti Venkata Rao was appointed as Managing Director on 28 Feb 2007.
Credit Ratings, Litigation & Regulatory Alerts for Ethnic Spices Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ethnic Spices Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ethnic Spices Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ethnic Spices Private Limited
Ethnic Spices has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ethnic Spices Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ethnic Spices Private Limited
Ethnic Spices is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Ethnic Spices is a company under liquidation, formerly operating as a private limited company based in Guntur, Andhra Pradesh, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 23 March 2005 and is registered under CIN U45200AP2005PTC045698. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ethnic Spices reported revenue of ₹112.71 Cr for FY 2017 (up 2% YoY).
Ethnic Spices has 2 current directors:
- Tadisetti Venkata Rao - Managing Director
- Tadisetty Murali Mohan - Director
Ethnic Spices reported a net profit of ₹54.06 Lakh (net margin 0.5%) and EBITDA of ₹5.57 Cr (EBITDA margin 4.9%) for FY 2017, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ethnic Spices is 1% over three years. In the latest year (FY 2017) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ethnic Spices is U45200AP2005PTC045698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethnic Spices has open charges of ₹40 Cr and satisfied charges of ₹3 Cr as per latest MCA filings.
Ethnic Spices has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Ethnic Spices was incorporated on 23 March 2005. It is registered with the Registrar of Companies, Vijayawada.