Fsipl Innovations Private Limited

Fsipl Innovations Private Limited - food and beverages in Khalad, Maharashtra, India. FY 2026 financials & compliance.
CIN U55209PN2007PTC145435 Incorporated 21 September 2007 ROC Pune HQ Khalad, Maharashtra, India
Active Private Limited Company food and beverages MSME · Small
Data last updated
Revenue · FY 2025
₹7.4 Cr
▲ 3% YoY
Net profit · FY 2025
₹3.43 Cr
Net margin 46.3%
EBITDA · FY 2025
₹9.55 Cr
EBITDA margin 129.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹39.78 Lakh
Issued & subscribed
Open charges
₹14.5 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
43
Provident fund records

About Fsipl Innovations Private Limited

Data last updated:

Fsipl Innovations Private Limited is a private limited company based in Khalad, Maharashtra, India, a subsidiary of Food Service (India) Private Limited. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 21 September 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U55209PN2007PTC145435. Its GSTIN is 24AALCS1881P1ZP (Gujarat). The company holds 6 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹39.78 Lakh. It was formerly known as Scandic Food India Private Limited. It is led by directors Ajay Jayasinh Mariwala and Sanjay Jayasinh Mariwala.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No. 895 At & Post Khalad Tal Purandar, Maharashtra, India – 412301.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.4 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.43 Cr (net margin 46.3%) and EBITDA of ₹9.55 Cr (EBITDA margin 129.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.

The company has about 43 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Sil India. As per MCA filings, the company has open charges of ₹14.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 15 deals on record (10 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹30.25 Cr; the latest was in January 2025. Its 4 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, 3 larger and 1 smaller; the largest is A K Fresh Sweeteners Private Limited with revenue of ₹7.55 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 85 overdue payments to 17 micro and small suppliers.

Fsipl Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0105296). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silindia.co.in.

Company details

CIN U55209PN2007PTC145435
Registration Number 145435
Incorporation Date 21 September 2007
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Food Service (India) Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0105296

Name history

Fsipl Innovations has undergone 2 name changes throughout its history. The company was previously known as Scandic Food India Private Limited, and Fsipl Innovations Private Limited. The current legal name is Fsipl Innovations Private Limited.

Company NameStatus
Fsipl Innovations Private LimitedCurrent
Scandic Food India Private LimitedPrevious

CIN history

Fsipl Innovations has one previous CIN (Corporate Identification Number): U55209MH2007PTC174402. The current CIN is U55209PN2007PTC145435, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U55209PN2007PTC145435Current
U55209MH2007PTC174402Previous
Key People
Ajay Jayasinh Mariwala Director Sanjay Jayasinh Mariwala Director

Recognitions & Rankings of Fsipl Innovations

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0105296

Contact details

Fsipl Innovations Private Limited's registered office is in Khalad, Maharashtra. Its website is silindia.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    silindia.co.in
  • Registered Address
    Gat No. 895 At & Post Khalad Tal Purandar, Maharashtra, India – 412301
  • Industry
    Food and Beverages, Instant & Ready-to-Eat Foods

To see the full contact details of Fsipl Innovations Private Limited, buy the company report.

Comprehensive company report
Fsipl Innovations 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Fsipl Innovations operates one associated brand: Sil India. Each brand links to its own profile.

BrandDescriptionWebsite
Sil India
Unspecified services are provided by Sil India in Pune.silindia.co.in

Business activity

The main business activity of Fsipl Innovations is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Fsipl Innovations Private Limited, buy the company report.

Financials of Fsipl Innovations Private Limited

FY 2025 filings available

Fsipl Innovations Private Limited reported revenue of ₹7.4 Cr (up 3% YoY) for FY 2025.

Revenue · FY 2025
₹7.4 Cr ▲ 3%
Net profit · FY 2025
₹3.43 Cr margin 46.3%
EBITDA · FY 2025
₹9.55 Cr margin 129.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 13%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 192%
3 years · compounded
▲ 53%
5 years · compounded
▲ 56%

Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 192% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹9.55 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.43 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin129.1%
Net Profit Margin46.3%
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 Fsipl Innovations Private Limited, buy the company report.

Board of directors of Fsipl Innovations Private Limited

Fsipl Innovations has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajay Jayasinh Mariwala
Also directs: Food Service (India) Private Limited, Malabar Spices Company Limited, Vallabhdas Kanji Limited and 5 more
Director08 Jan 20215 Years 9 MonthsCurrent
Sanjay Jayasinh Mariwala
Also directs: Food Service (India) Private Limited, Malabar Spices Company Limited, Vallabhdas Kanji Limited and 5 more
Director08 Jan 20215 Years 9 MonthsCurrent
View all directors

Peer comparison

Fsipl Innovations Private Limited is compared with the 4 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
A K Fresh Sweeteners Private Limited₹7.55 Cr (FY 2025)-27.0%Kashipur, Uttarakhand, India
Elmac Agro 'Mfg' Private Limited₹7.49 Cr (FY 2025)-16.0%Hooghly, West Bengal, India
Neel Beverages Private Limited₹7.46 Cr (FY 2025)-94.0%Mumbai, Maharashtra, India
Fsipl Innovations Private Limitedthis company₹7.4 Cr (FY 2025)₹3.43 Cr46.3%3.0%43Khalad, Maharashtra, India
Saffron Cheew India Private Limited₹7.36 Cr (FY 2022)281.0%Bulandshahar, Uttar Pradesh, India

To see the full peer comparison of Fsipl Innovations Private Limited, buy the company report.

Auditor

Fsipl Innovations Private Limited is audited by Ram Agarwal & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Ram Agarwal & AssociatesFY 2022140954W

Shareholding

The shareholding of Fsipl Innovations Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fsipl Innovations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹14.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹14.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Dec 2022100666677Others₹5.5 CrOpen
20 Dec 2022100666783Others₹9 CrOpen

Total charge records: 2 View all charges

Deals & funding

Fsipl Innovations Private Limited has 15 deals on record (10 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹30.25 Cr; the latest was in January 2025.

Total deals
15
Funding rounds
10
Rights issues
2
Secondary share transfers
2
Acquisition
1
Disclosed funding
₹30.25 Cr

Deals on record (5 of 15)

WhenDealAmountParties
Jan 2025Acquisition₹21.7 CrBuyer: Reliance Consumer Products Limited
Seller: Fsipl Innovations Private Limited
Nov 2021Secondary share transferUndisclosedBuyer: Food Service (India) Private Limited , Food Service India Private Limited & Ajay Mariwala
Seller: OC Denmark Holding A S, OC Denmark Holding A S & Otto Johannes Christensen
Jun 2019Secondary share transferUndisclosedBuyer: OC Denmark Holding A S & Otto Johannes Christensen, OC Denmark Holding A S
Seller: Good Food Group A S, an individual
Aug 2018Rights issue₹2 CrInvestors: Good Food Group A S, an individual
Nov 2016Rights issue₹1.5 CrInvestors: Good Food Group A S, an individual

To see the full deal history of Fsipl Innovations Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Fsipl Innovations Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 85 overdue payments to 17 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 17)

SupplierAmount dueDue sinceReported on
Alvin Caramel Colours (India) Private Limited
an individual supplier
an individual supplier
Konark Packaging Industries
an individual supplier

To see the full MSME payment records of Fsipl Innovations Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Fsipl Innovations Private Limited has a workforce of 43 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
43
Active EPFO establishments
1
Employee growth
-24.56%

GST

Fsipl Innovations has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
5
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AALCS1881P1ZPGujaratActive01 Jul 2017
27AALCS1881P1ZJMaharashtraActive01 Jul 2017
29AALCS1881P1ZFKarnatakaActive01 Jul 2017
33AALCS1881P1ZQTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Fsipl Innovations Private Limited, buy the company report.

Recent activity

Fsipl Innovations Private Limited has 9 board changes on record since 2010: 2 appointments and 7 cessations. The latest: Ajay Jayasinh Mariwala ceased to be Additional Director on 30 Nov 2021.

AGM
Fsipl Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fsipl Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100666677 was registered on 20 Dec 2022.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100666783 was registered on 20 Dec 2022.
Ceased
Ajay Jayasinh Mariwala ceased to be Additional Director.
Ceased
Sanjay Jayasinh Mariwala ceased to be Additional Director.
Appointed
Ajay Jayasinh Mariwala was appointed as Director.
Ceased
Otto Johannes Christensen ceased to be Director.
Appointed
Sanjay Jayasinh Mariwala was appointed as Director.
Ceased
Torben Christensen ceased to be Director.
Ceased
Nutan Sudhir Kale ceased to be Additional Director.
Ceased
Mahendra Sadashiv Deodhar ceased to be Director.

2 earlier events are in the company report.

News

Frequently asked questions

Fsipl Innovations is an active private limited company based in Khalad, Maharashtra, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 21 September 2007 (19+ years old) and is registered under CIN U55209PN2007PTC145435.

Fsipl Innovations has 2 current directors:

The latest financial statements of Fsipl Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Fsipl Innovations is 24AALCS1881P1ZP, registered in Gujarat. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AALCS1881P1ZJ (Maharashtra), 29AALCS1881P1ZF (Karnataka), 33AALCS1881P1ZQ (Tamil Nadu).

The CIN (Corporate Identification Number) of Fsipl Innovations is U55209PN2007PTC145435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fsipl Innovations has 1 court case on record: 1 filed by the company.

Fsipl Innovations was incorporated on 21 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.

Fsipl Innovations has 15 deals on record (10 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹30.25 Cr; the latest was in January 2025.

The peers of Fsipl Innovations by revenue are A K Fresh Sweeteners Private Limited, Elmac Agro 'Mfg' Private Limited, Neel Beverages Private Limited, Saffron Cheew India Private Limited, all in the Food and Beverages industry (Instant Foods), with the same principal business activity (food, beverages and tobacco products).

Ajay Jayasinh Mariwala ceased to be Additional Director on 30 Nov 2021. Sanjay Jayasinh Mariwala ceased to be Additional Director on 30 Nov 2021. Ajay Jayasinh Mariwala was appointed as Director on 08 Jan 2021. Fsipl Innovations has 9 board changes on record in total.

Yes, Fsipl Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0105296).

Fsipl Innovations has 4 MSME Form 1 returns on record between 2022 and 2023, listing 85 overdue payments to 17 micro and small suppliers. The latest return was filed on 18 Apr 2023.