About Florafoods Management Private Limited
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Florafoods Management Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Upfield B.V.. It operates in the business process outsourcing sector. It was incorporated on 25 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15100KA2018FTC112615. Its GSTIN is 29ABACS2282G1ZA (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Sigmex Foods India Private Limited. It is led by directors including Rishi Tiwari and Stephen John Luchterhand.
Its last annual general meeting (AGM) was held on 23 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit 02 – 01 Second Floor Ascendas Park, Square Mall International Tech Park Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.75 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹5.62 Cr (net margin 8.9%) and EBITDA of ₹10.55 Cr (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 18% over five years.
The company has about 99 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website upfield.com.
Company details
Name history
Florafoods Management has undergone 2 name changes throughout its history. The company was previously known as Sigmex Foods India Private Limited, and Florafoods Management Private Limited. The current legal name is Florafoods Management Private Limited.
| Company Name | Status |
|---|---|
| Florafoods Management Private Limited | Current |
| Sigmex Foods India Private Limited | Previous |
Contact details
Florafoods Management Private Limited's registered office is in Bangalore, Karnataka. Its website is upfield.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit 02 – 01 Second Floor Ascendas Park, Square Mall International Tech Park Bangalore, Karnataka, India – 560066
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Florafoods Management 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
Business activity
The main business activity of Florafoods Management is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Florafoods Management Private Limited, buy the company report.
Financials of Florafoods Management Private Limited
FY 2025 filings availableFlorafoods Management Private Limited reported revenue of ₹62.75 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 19% growth in the latest year. EBITDA rose 16% 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 |
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| EBITDA | ₹10.55 Cr | ||||
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| Net Profit (PAT) | ₹5.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 16.8% | ||||
| Net Profit Margin | 8.9% | ||||
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To see the full financial statements and ratios of Florafoods Management Private Limited, buy the company report.
Board of directors of Florafoods Management Private Limited
Florafoods Management has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Tiwari Also directs: Vantaro Advisors LLP, Florafoods Bharat Private Limited | Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Stephen John Luchterhand | Director | 02 Jan 2023 | 3 Years 10 Months | Current |
| Rahul Jain Also directs: Florafoods Bharat Private Limited | Director | 16 Sep 2024 | 2 Years 1 Months | Current |
| Payal Kumar Also directs: Florafoods Bharat Private Limited | Director | 18 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Florafoods Management Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2023 | 008072S |
Shareholding
The shareholding of Florafoods Management 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 Florafoods Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Florafoods Management 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 Florafoods Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Florafoods Management Private Limited has a workforce of 99 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Florafoods Management has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABACS2282G1ZA | Karnataka | Active | 09 Aug 2018 |
To see the full GST registrations and return filing status of Florafoods Management Private Limited, buy the company report.
Recent activity
Florafoods Management Private Limited has 17 board changes on record since 2018: 4 appointments and 13 cessations. The latest: Payal Kumar ceased to be Additional Director on 22 Jul 2025.
8 earlier events are in the company report.
Frequently asked questions
Florafoods Management is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 25 April 2018 (8+ years old) and is registered under CIN U15100KA2018FTC112615.
Florafoods Management has 4 current directors:
- Rishi Tiwari - Director
- Stephen John Luchterhand - Director
- Rahul Jain - Director
- Payal Kumar - Director
The latest financial statements of Florafoods Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 July 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Florafoods Management is 29ABACS2282G1ZA, 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 Florafoods Management is U15100KA2018FTC112615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Florafoods Management was incorporated on 25 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Payal Kumar ceased to be Additional Director on 22 Jul 2025. Rahul Jain ceased to be Additional Director on 22 Jul 2025. Payal Kumar was appointed as Director on 18 Mar 2025. Florafoods Management has 17 board changes on record in total.
Florafoods Management can be reached through the website upfield.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Florafoods Management is at Unit 02 – 01 Second Floor Ascendas Park, Square Mall International Tech Park Bangalore, Karnataka, India – 560066.
Florafoods Management operates in the business outsourcing industry, in the business process outsourcing segment.
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