About Fizzy Foodlabs Private Limited
Data last updated:
Fizzy Foodlabs Private Limited is a private limited company based in Bhiwandi, Maharashtra, 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 instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 06 August 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15122MH2012PTC234194. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.35 Cr and a paid-up capital of ₹1.11 Cr. It is led by directors Nipun Katyal and Varun Jhawar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H. No. 1861/A Ground Floor Survey No. 48/3 – 48/7 Pai Village Walshind Nashik Highway, Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.48 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹10.45 Cr (net margin -299.9%) and EBITDA of -₹9.17 Cr (EBITDA margin -263.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 60% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Chef's Basket. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 2 cases are pending. The company has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹56.27 Cr; the latest was in April 2017. Its 3 peer companies in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 2 smaller; the largest is Modi Foods Pvt Ltd with revenue of ₹3.51 Cr.
The last known website on record is chefsbasket.com.
Company details
Contact details
Fizzy Foodlabs Private Limited's registered office is in Bhiwandi, Maharashtra. Its website is chefsbasket.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH. No. 1861/A Ground Floor Survey No. 48/3 – 48/7 Pai Village Walshind Nashik Highway, Bhiwandi, Maharashtra, India – 421302
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Fizzy Foodlabs Private 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
Fizzy Foodlabs operates one associated brand: Chef's Basket. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ready-to-eat pasta and sauces are supplied online by Chef's Basket. | chefsbasket.com |
Business activity
The main business activity of Fizzy Foodlabs 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 Fizzy Foodlabs Private Limited, buy the company report.
Financials of Fizzy Foodlabs Private Limited
FY 2019 filings availableFizzy Foodlabs Private Limited reported revenue of ₹3.48 Cr (down 62% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 60%. EBITDA fell 14% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.48 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹9.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.45 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -263.2% | ||||
| Net Profit Margin | -299.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Fizzy Foodlabs Private Limited, buy the company report.
Board of directors of Fizzy Foodlabs Private Limited
Fizzy Foodlabs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nipun Katyal | Director | 06 Aug 2012 | 14 Years 2 Months | As last reported |
| Varun Jhawar Also directs: Sol Regen Sciences Private Limited | Director | 06 Aug 2012 | 14 Years 2 Months | As last reported |
Peer comparison
Fizzy Foodlabs Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Instant Foods), 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 |
|---|---|---|---|---|---|---|
| Modi Foods Pvt Ltd | ₹3.51 Cr (FY 2025) | 0.0% | Surat, Gujarat, India | |||
| Fizzy Foodlabs Private Limitedthis company | ₹3.48 Cr (FY 2019) | -₹10.45 Cr | -299.9% | -62.0% | 10 | Bhiwandi, Maharashtra, India |
| Amber Food and Ingredients India Private Limited | ₹3.46 Cr (FY 2025) | 16.0% | Coimbatore, Tamil Nadu, India | |||
| Divya Snacks Private Limited | ₹3.46 Cr (FY 2024) | -12.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Fizzy Foodlabs Private Limited, buy the company report.
Auditor
Fizzy Foodlabs Private Limited is audited by S N GADIYA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N GADIYA & CO | FY 2019 | 002052C |
Shareholding
The shareholding of Fizzy Foodlabs Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fizzy Foodlabs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2016 | 100068628 | Others | ₹5 Cr | Open | |
| 27 Oct 2015 | 10603388 | Kotak Mahindra Bank Limited | ₹1 Cr | Satisfied | |
| 15 Jul 2013 | 10438702 | Dena Bank | ₹25 Lakh | Satisfied | |
| 05 Jul 2013 | 10438708 | Dena Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Fizzy Foodlabs Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Fizzy Foodlabs Private Limited has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹56.27 Cr; the latest was in April 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Fizzy Foodlabs Employee Welfare Trust Seller: 3 individuals |
| Nov 2016 | Debt financing | ₹5 Cr | Investors: Trifecta Capital |
| Sep 2015 | Funding round · Series A | ₹39.43 Cr | Investors: Elevation Capital (SAIF Partners), an individual |
| Oct 2014 | Funding round · Pre-Series A | ₹2.79 Cr | Investors: 4 individuals |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Fizzy Foodlabs Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fizzy Foodlabs Private Limited has 13 court cases on record: 13 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 1 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by Cresent Roadways Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Kerry Ingredients India Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Kerry Ingredients India Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Kerry Ingredients India Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Multivac Laraon India Pvt Ltd | Disposed |
To see the full case history of Fizzy Foodlabs 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
No delayed payments to MSME suppliers are on our record for Fizzy Foodlabs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fizzy Foodlabs Private Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Fizzy Foodlabs has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fizzy Foodlabs Private Limited, buy the company report.
Recent activity
Fizzy Foodlabs Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Manish Kumar Tirthani ceased to be Director on 01 Jun 2019.
2 earlier events are in the company report.
Frequently asked questions
Fizzy Foodlabs 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.
Fizzy Foodlabs is a company under liquidation, formerly operating as a private limited company based in Bhiwandi, Maharashtra, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 06 August 2012 and is registered under CIN U15122MH2012PTC234194. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Fizzy Foodlabs has 2 current directors:
- Nipun Katyal - Director
- Varun Jhawar - Director
The latest financial statements of Fizzy Foodlabs on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fizzy Foodlabs is U15122MH2012PTC234194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fizzy Foodlabs has open charges of ₹5 Cr and satisfied charges of ₹1.5 Cr as per latest MCA filings.
Fizzy Foodlabs has 13 court cases on record: 13 filed against it. 2 are pending. Most are in the district courts.
Fizzy Foodlabs was incorporated on 06 August 2012. It is registered with the Registrar of Companies, Mumbai.
Fizzy Foodlabs has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹56.27 Cr; the latest was in April 2017.
The peers of Fizzy Foodlabs by revenue are Modi Foods Pvt Ltd, Amber Food and Ingredients India Private Limited, Divya Snacks Private Limited, all in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products).
Manish Kumar Tirthani ceased to be Director on 01 Jun 2019. Vishal Satinder Sood ceased to be Nominee Director on 11 Nov 2017. Nipun Katyal was appointed as Director on 06 Aug 2012. Fizzy Foodlabs has 4 board changes on record in total.