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Foodsolve Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.35 Cr
▲ 76% YoY
Net loss · FY 2025
₹4.09 Cr
Net margin -21.1%
EBITDA · FY 2025
-₹2.71 Cr
EBITDA margin -14%
Authorised capital
₹53.96 Lakh
Registered with MCA
Paid-up capital
₹39.74 Lakh
Issued & subscribed
Open charges
₹5.06 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
32
Provident fund records
About Foodsolve Private Limited
Data last updated:
Foodsolve Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 29 June 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15490KA2022PTC163163. Its GSTIN is 29AAFCF1228H1ZQ (Karnataka). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹53.96 Lakh and a paid-up capital of ₹39.74 Lakh. It is led by directors including Mohamed Iqbal Mohamed Yaseen and Lingathirumaran Naveenrajamaran.
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 136 1st Cross Road 5th Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.35 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net loss of ₹4.09 Cr (net margin -21.1%) and EBITDA of -₹2.71 Cr (EBITDA margin -14%).
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gramiyaa. As per MCA filings, the company has open charges of ₹5.06 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹16.7 Cr; the latest was in March 2025.
Foodsolve Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0254063). For more details, the company can be reached via its website gramiyaa.com.
Company details
CIN U15490KA2022PTC163163
Registration Number 163163
Incorporation Date 29 June 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0254063
Key People
Mohamed Iqbal Mohamed Yaseen Director Lingathirumaran Naveenrajamaran Director Sibi Manivannan Director Recognitions & Rankings of Foodsolve
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0254063
Contact details
Foodsolve Private Limited's registered office is in Bangalore, Karnataka. Its website is gramiyaa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address136 1st Cross Road 5th Block Koramangala, Bangalore, Karnataka, India – 560095
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Foodsolve Private Limited, buy the company report.
Comprehensive company report
Foodsolve 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
Foodsolve operates one associated brand: Gramiyaa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cold-pressed cooking oils from seeds and nuts are provided. | gramiyaa.com |
Business activity
The main business activity of Foodsolve is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Foodsolve Private Limited, buy the company report.
Financials of Foodsolve Private Limited
FY 2024 filings availableFoodsolve Private Limited reported revenue of ₹19.35 Cr (up 76% YoY) for FY 2025.
Revenue · FY 2025
₹19.35 Cr ▲ 76%
Net loss · FY 2025
₹4.09 Cr margin -21.1%
EBITDA · FY 2025
-₹2.71 Cr margin -14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 76%
Revenue rose 76% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹2.71 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.09 Cr | ||
| 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -14% | ||
| Net Profit Margin | -21.1% | ||
| 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 Foodsolve Private Limited, buy the company report.
Board of directors of Foodsolve Private Limited
Foodsolve has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamed Iqbal Mohamed Yaseen | Director | 29 Jun 2022 | 4 Years 4 Months | Current |
| Lingathirumaran Naveenrajamaran | Director | 29 Jun 2022 | 4 Years 4 Months | Current |
| Sibi Manivannan | Director | 29 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Foodsolve Private Limited is audited by Jai K Shah & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jai K Shah & Co | FY 2023 | 017346S |
Shareholding
The shareholding of Foodsolve Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Foodsolve Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2024 | 100919019 | State Bank of India | ₹4.9 Cr | Open | |
| 26 Dec 2023 | 100904397 | Others | ₹16 Lakh | Open |
To see the full charge records of Foodsolve Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Foodsolve Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹16.7 Cr; the latest was in March 2025.
Total deals
2
Funding rounds
2
Disclosed funding
₹16.7 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round · Pre-Series A | ₹7.2 Cr | Investors: Homegrown Ventures, Campus Fund, Mumbai Angels |
| May 2024 | Funding round | ₹9.5 Cr | Investors: Homegrown Ventures, Mumbai Angels, Campus Fund |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Foodsolve Private Limited has 3 court cases on record: 3 filed by Foodsolve. All cases are pending.
Total cases
3
Filed by the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 3 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Original application | Filed by the company against Shakti Group USA LLC | Pending |
| Madras High Court | Arbitration matter | Filed by the company against Shakti Group USA LLC | Pending |
To see the full case history of Foodsolve 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 Foodsolve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Foodsolve has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCF1228H1ZQ | Karnataka | Active | 02 Sep 2022 |
| 33AAFCF1228H1Z1 | Tamil Nadu | Active | 06 Oct 2022 |
| 36AAFCF1228H1ZV | Telangana | Active | 13 Oct 2022 |
| 27AAFCF1228H1ZU | Maharashtra | Active | 30 Nov 2022 |
To see the full GST registrations and return filing status of Foodsolve Private Limited, buy the company report.
Recent activity
Foodsolve Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Lingathirumaran Naveenrajamaran was appointed as Director on 29 Jun 2022.
Charges
A charge with State Bank Of India of Rs. 490.00 Lakh registered on 26 Apr 2024 with Charge ID 100919019 was modified on 30 Nov 2024.
AGM
Foodsolve Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 490.00 Lakh with Charge ID 100919019 was registered on 26 Apr 2024.
Filing
Foodsolve Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 16.00 Lakh with Charge ID 100904397 was registered on 26 Dec 2023.
Appointed
Lingathirumaran Naveenrajamaran was appointed as Director.
Appointed
Mohamed Iqbal Mohamed Yaseen was appointed as Director.
Appointed
Sibi Manivannan was appointed as Director.
Incorporation
29 Jun 2022
Foodsolve Private Limited was registered on 29 Jun 2022 with Roc Bangalore & aged 4 years 4 months as per MCA records.
News
Frequently asked questions
Foodsolve is an active private limited company based in Bangalore, Karnataka, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 29 June 2022 (4+ years old) and is registered under CIN U15490KA2022PTC163163.
Foodsolve has 3 current directors:
- Mohamed Iqbal Mohamed Yaseen - Director
- Lingathirumaran Naveenrajamaran - Director
- Sibi Manivannan - Director
The latest financial statements of Foodsolve 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 FY 2023 are in the company report.
The GSTIN of Foodsolve is 29AAFCF1228H1ZQ, registered in Karnataka. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 33AAFCF1228H1Z1 (Tamil Nadu), 36AAFCF1228H1ZV (Telangana), 27AAFCF1228H1ZU (Maharashtra).
The CIN (Corporate Identification Number) of Foodsolve is U15490KA2022PTC163163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foodsolve has 3 court cases on record: 3 filed by the company. 3 are pending.
Foodsolve was incorporated on 29 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Foodsolve has 2 deals on record (2 funding rounds), with disclosed funding of ₹16.7 Cr; the latest was in March 2025.
Lingathirumaran Naveenrajamaran was appointed as Director on 29 Jun 2022. Mohamed Iqbal Mohamed Yaseen was appointed as Director on 29 Jun 2022. Sibi Manivannan was appointed as Director on 29 Jun 2022.
Yes, Foodsolve is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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