MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0096235
Fine Zeelandia Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.8 Cr
▲ 24% YoY
Net loss · FY 2025
₹10.32 Lakh
Net margin -0.2%
EBITDA · FY 2025
₹4.13 Cr
EBITDA margin 6.8%
Authorised capital
₹81 Cr
Registered with MCA
Paid-up capital
₹80.57 Cr
Issued & subscribed
Satisfied charges
₹9 Cr
No open charges
Company age
12 yrs
Est. 2014
Employees · EPFO
67
Provident fund records
About Fine Zeelandia Private Limited
Data last updated:
Fine Zeelandia Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 01 December 2014 and has been in existence for over 12 years.
Its director Jayen Ramesh Shah is #840 among India's richest people (2026). Its director Tushar Ramesh Shah is #852 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2014PTC259832. Its GSTIN is 27AACCF4975E1ZJ (Maharashtra).
The company has an authorised share capital of ₹81 Cr and a paid-up capital of ₹80.57 Cr. It is led by directors including Jayen Ramesh Shah and Tushar Ramesh Shah.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 302 Neelkanth Corporate IT Park Kirol Road Vidyavihar (West), Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.8 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹10.32 Lakh (net margin -0.2%) and EBITDA of ₹4.13 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 17% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fine Zeelandia. As per MCA filings, the company has satisfied charges of ₹9 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 2 deals on record (2 rights issues); the latest was in March 2019. Its 7 peer companies in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 3 smaller; the largest is Indo Bakels Private Limited with revenue of ₹64.47 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 243 overdue payments to 22 micro and small suppliers.
Fine Zeelandia Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0096235). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finezeelandia.com.
Company details
CIN U74900MH2014PTC259832
Registration Number 259832
Incorporation Date 01 December 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0096235
Key People
Jayen Ramesh Shah Director Tushar Ramesh Shah Director Simon Hendrik Pieter Van Wouwe Director Recognitions & Rankings of Fine Zeelandia
India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #840 Jayen Ramesh Shah ₹3,600 Cr
- #852 Tushar Ramesh Shah ₹3,500 Cr
Contact details
Fine Zeelandia Private Limited's registered office is in Mumbai, Maharashtra. Its website is finezeelandia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 302 Neelkanth Corporate IT Park Kirol Road Vidyavihar (West), Mumbai, Maharashtra, India – 400086
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Fine Zeelandia Private Limited, buy the company report.
Comprehensive company report
Fine Zeelandia 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
Fine Zeelandia operates one associated brand: Fine Zeelandia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bakery ingredients production and supply in India. | finezeelandia.com |
Business activity
The main business activity of Fine Zeelandia 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 Fine Zeelandia Private Limited, buy the company report.
Financials of Fine Zeelandia Private Limited
FY 2025 filings availableFine Zeelandia Private Limited reported revenue of ₹60.8 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹60.8 Cr ▲ 24%
Net loss · FY 2025
₹10.32 Lakh margin -0.2%
EBITDA · FY 2025
₹4.13 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 14%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 183%
3 years · compounded
▲ 26%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 24% growth in the latest year. EBITDA rose 183% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.32 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | -0.2% | ||||
| 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 Fine Zeelandia Private Limited, buy the company report.
Board of directors of Fine Zeelandia Private Limited
Fine Zeelandia has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayen Ramesh Shah | Director | 01 Dec 2014 | 11 Years 11 Months | Current |
| Tushar Ramesh Shah | Director | 01 Dec 2014 | 11 Years 11 Months | Current |
| Simon Hendrik Pieter Van Wouwe | Director | 26 Oct 2023 | 3 Years 0 Months | Current |
| Cornelis Johannes Van Wees | Director | 14 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Fine Zeelandia Private Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products), 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 |
|---|---|---|---|---|---|---|
| Indo Bakels Private Limited | ₹64.47 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Mahara Pushya Agri Products Private Limited | ₹63.68 Cr (FY 2024) | -47.0% | Bangalore, Karnataka, India | |||
| Maavaishnonandini Food Products Private Limited | ₹61.53 Cr (FY 2025) | 7.0% | Varanasi, Uttar Pradesh, India | |||
| Richfield Industries Private Limited | ₹60.98 Cr (FY 2023) | -2.0% | New Delhi, Delhi, India | |||
| Fine Zeelandia Private Limitedthis company | ₹60.8 Cr (FY 2025) | -₹10.32 Lakh | -0.2% | 24.0% | 67 | Mumbai, Maharashtra, India |
| Popular Bakery Products Private Limited | ₹60.31 Cr (FY 2025) | 3.0% | Varanasi, Uttar Pradesh, India | |||
| Anjani Foods Limited | ₹59.83 Cr (FY 2025) | 16.0% | Bhimavaram, Andhra Pradesh, India | |||
| Vihang Food Industries Private Limited | ₹58.92 Cr (FY 2025) | 2.0% | Ambernath, Maharashtra, India |
To see the full peer comparison of Fine Zeelandia Private Limited, buy the company report.
Auditor
Fine Zeelandia Private Limited is audited by B Y & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B Y & ASSOCIATES | FY 2023 | 123423W |
Shareholding
The shareholding of Fine Zeelandia Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Fine Zeelandia Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2017 | 100111804 | Others | ₹9 Cr | Satisfied |
To see the full charge records of Fine Zeelandia Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Fine Zeelandia Private Limited has 2 deals on record (2 rights issues); the latest was in March 2019.
Total deals
2
Rights issues
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹58 Cr | Investors: Fine Organic Industries Limited , Zeelandia International Holding B.V |
| Jul 2015 | Rights issue | ₹22.47 Cr | Investors: Fine Organic Industries Limited , Zeelandia International Holding B.V |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fine Zeelandia Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp.MHWA) | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Court case (CARAP) | Filed against the company by Kalbhor Construction | Disposed |
To see the full case history of Fine Zeelandia Private 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
Fine Zeelandia Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 243 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Abhinav Transport (India) Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Calpro Specialities Private Limited | |||
| Cybernetik Technologies Private Limited |
To see the full MSME payment records of Fine Zeelandia Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fine Zeelandia Private Limited has a workforce of 67 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
24.07%
GST
Fine Zeelandia has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF4975E1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fine Zeelandia Private Limited, buy the company report.
Recent activity
Fine Zeelandia Private Limited has 12 board changes on record since 2014: 4 appointments and 8 cessations. The latest: Simon Hendrik Pieter Van Wouwe ceased to be Additional Director on 04 Aug 2024.
AGM
Fine Zeelandia Private Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records.
Filing
Fine Zeelandia Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Simon Hendrik Pieter Van Wouwe ceased to be Additional Director.
Appointed
Simon Hendrik Pieter Van Wouwe was appointed as Director.
Charges
A charge registered on 05 Jul 2017 via Charge ID 100111804 with Others was fully satisfied on 13 Dec 2022.
Ceased
Lodewijk Herman Bastiaan Lockefeer ceased to be Additional Director.
Ceased
Matthijs Paulus Spiering ceased to be Director.
Charges
A charge with Others of Rs. 9.00 Cr registered on 05 Jul 2017 with Charge ID 100111804 was modified on 24 Dec 2019.
Appointed
Cornelis Johannes Van Wees was appointed as Director.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100111804 was registered on 05 Jul 2017.
Ceased
Emile Philip Hoekstra ceased to be Additional Director.
Ceased
Bimal Mukesh Shah ceased to be Alternate Director.
6 earlier events are in the company report.
Frequently asked questions
Fine Zeelandia is an active private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 01 December 2014 (12+ years old) and is registered under CIN U74900MH2014PTC259832.
Fine Zeelandia has 4 current directors:
- Jayen Ramesh Shah - Director
- Tushar Ramesh Shah - Director
- Simon Hendrik Pieter Van Wouwe - Director
- Cornelis Johannes Van Wees - Director
The latest financial statements of Fine Zeelandia on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fine Zeelandia is 27AACCF4975E1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fine Zeelandia is U74900MH2014PTC259832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fine Zeelandia has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Fine Zeelandia was incorporated on 01 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Fine Zeelandia has 2 deals on record (2 rights issues); the latest was in March 2019.
The peers of Fine Zeelandia by revenue are Indo Bakels Private Limited, Mahara Pushya Agri Products Private Limited, Maavaishnonandini Food Products Private Limited, Richfield Industries Private Limited, Popular Bakery Products Private Limited and 2 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Simon Hendrik Pieter Van Wouwe ceased to be Additional Director on 04 Aug 2024. Simon Hendrik Pieter Van Wouwe was appointed as Director on 26 Oct 2023. Lodewijk Herman Bastiaan Lockefeer ceased to be Additional Director on 29 Jun 2021. Fine Zeelandia has 12 board changes on record in total.
Yes, Fine Zeelandia is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0096235).
Fine Zeelandia has 12 MSME Form 1 returns on record between 2019 and 2024, listing 243 overdue payments to 22 micro and small suppliers. The latest return was filed on 30 Apr 2024.
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