Funwave Foods LLP

Funwave Foods LLP - food and beverages in Tankara, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAS-5751 Incorporated 10 June 2020 ROC Ahmedabad HQ Tankara, Gujarat, India
Active Limited Liability Partnership food and beverages MSME · Medium
Data last updated
Revenue · FY 2024
₹115.61 Cr
▲ 69% YoY
Net profit · FY 2024
₹2.25 Cr
Net margin 1.9%
EBITDA · FY 2024
₹17.95 Cr
EBITDA margin 15.5%
Contribution obligation
₹7.5 Cr
As per LLP agreement
Open charges
₹131.06 Cr
Satisfied ₹13.9 Cr
LLP age
6 yrs
Est. 2020
Employees · EPFO
5
Provident fund records
Designated partners
3
As per MCA filings

About Funwave Foods LLP

Data last updated:

Funwave Foods LLP is a limited liability partnership (LLP) based in Tankara, Gujarat, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 10 June 2020 and has been in existence for over 6 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAS-5751. Its GSTIN is 24AAHFF0653K1ZI (Gujarat). The LLP holds 3 GST registrations, all of them active.

The LLP has a total obligation of contribution of ₹7.5 Cr. It is led by designated partners including Chandubhai Devjibhai Koringa and Anil Govindbhai Bavarva.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Tankara, Gujarat.

As per the financials filed for FY 2024, the LLP reported a revenue of ₹115.61 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Cr (net margin 1.9%) and EBITDA of ₹17.95 Cr (EBITDA margin 15.5%).

The LLP has about 5 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹131.06 Cr and satisfied charges of ₹13.9 Cr on record. Court records list 4 cases involving the LLP, including 4 filed by the LLP; 3 cases are pending.

Funwave Foods LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000069).

Company details

LLPIN AAS-5751
Incorporation Date 10 June 2020
Total Obligation of Contribution ₹7.5 Cr
ROC Ahmedabad
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000069
Key People
Chandubhai Devjibhai Koringa Designated Partner Anil Govindbhai Bavarva Designated Partner Chetan Ishwarlal Kukarvadiya Designated Partner

Recognitions & Rankings of Funwave Foods

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0000069

Contact details

Funwave Foods LLP's registered office is in Tankara, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Survey No. 164/2P1 164/2P2 165/2P2, Morbi Rajkot Highway At Chatar, Tankara, Gujarat, India – 363650
  • Industry
    Food and Beverages, Instant & Ready-to-Eat Foods

To see the full contact details of Funwave Foods LLP, buy the company report.

Comprehensive company report
Funwave Foods LLP - 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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Financials of Funwave Foods LLP

FY 2025 filings available

Funwave Foods LLP reported revenue of ₹115.61 Cr (up 69% YoY) for FY 2024.

Revenue · FY 2024
₹115.61 Cr ▲ 69%
Net profit · FY 2024
₹2.25 Cr margin 1.9%
EBITDA · FY 2024
₹17.95 Cr margin 15.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 69%
EBITDA CAGR growth
1 year
▲ 40%

Revenue rose 69% in the latest year. EBITDA rose 40% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

Statement of Account and SolvencyFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹2.25 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
Net Profit Margin1.9%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Funwave Foods LLP, buy the company report.

Designated partners of Funwave Foods LLP

Funwave Foods has 3 current designated partners and 7 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Chandubhai Devjibhai Koringa
Also directs: Airson Agri Commodity LLP, Olwin Tiles (India) Private Limited, Honest Ceramic Private Limited
Designated Partner10 Jun 20206 Years 4 MonthsCurrent
Anil Govindbhai Bavarva
Also directs: Shivalika Ceramic Private Limited, Shreem Vitrified Private Limited, Lezora Vitrified Private Limited
Designated Partner10 Jun 20206 Years 4 MonthsCurrent
Chetan Ishwarlal Kukarvadiya
Also directs: Olwin Tiles (India) Private Limited, Involt Energy Private Limited
Designated Partner10 Jun 20206 Years 4 MonthsCurrent
View all designated partners

Peer comparison

Funwave Foods LLP is compared with the 10 companies closest to it by revenue in the Food and Beverages industry (Instant Foods), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
SSG Pharma Private Limited₹124.73 Cr (FY 2020)15.0%Delhi, India
Geofast Foods Factory Private Limited₹120.34 Cr (FY 2025)Hyderabad, Telangana, India
Gooddot Enterprises Private Limited₹118.92 Cr (FY 2025)294.0%Udaipur, Rajasthan, India
Teknofine Foods Private Limited₹118.77 Cr (FY 2025)12.0%Mehsana, Gujarat, India
Safal Food Products Private Limited₹116.99 Cr (FY 2024)-35.0%Nagpur, Maharashtra, India
Funwave Foods LLPthis company₹115.61 Cr (FY 2024)₹2.25 Cr1.9%69.0%5Tankara, Gujarat, India
K P L Oil Mills Private Limited₹115.14 Cr (FY 2025)21.0%Thrissur, Kerala, India
Carbyne Infrastructure Private Limited₹114.13 Cr (FY 2025)-37.0%New Delhi, Delhi, India
Rajam Agro Green Foods Private Limited₹113.43 Cr (FY 2025)33.0%Kalyan East, Maharashtra, India
Annkoot Agro Food Private Limited₹113.42 Cr (FY 2025)14.0%Jodhpur, Rajasthan, India
Alishaa Foods Private Limited₹112.64 Cr (FY 2025)25.0%Ujjain, Madhya Pradesh, India

To see the full peer comparison of Funwave Foods LLP, buy the company report.

Charges & borrowings

Open charges
₹131.06 Cr
Satisfied charges
₹13.9 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹123.66 Cr
Sidbi₹7.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Oct 2025101174918Hdfc Bank Limited₹1.04 CrOpen
17 Jun 2025101114819Hdfc Bank Limited₹24 LakhOpen
09 Jun 2025101108074Sidbi₹7.4 CrOpen
13 Mar 2024100889287Hdfc Bank Limited₹13.5 LakhOpen
06 Mar 2024100890041Hdfc Bank Limited₹25.13 LakhOpen

To see the full charge records of Funwave Foods LLP, buy the company report.

Total charge records: 12 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Funwave Foods LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Funwave Foods LLP has a workforce of 5 employees on its EPFO records as of Sep 20, 2025, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1

GST

Funwave Foods has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
24AAHFF0653K1ZIGujaratActive13 Jul 2020
29AAHFF0653K1Z8KarnatakaActive06 Jun 2023
27AAHFF0653K1ZCMaharashtraActive22 Jun 2023

To see the full GST registrations and return filing status of Funwave Foods LLP, buy the company report.

Recent activity

Funwave Foods LLP has 10 designated partner changes on record since 2020: 10 appointments. The latest: Pravinbhai Ravjibhai Bhoraniya was appointed as Partner on 27 Feb 2025.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.04 Cr with Charge ID 101174918 was registered on 27 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101114819 was registered on 17 Jun 2025.
Charges
A charge with Sidbi amounted to Rs. 7.40 Cr with Charge ID 101108074 was registered on 09 Jun 2025.
AGM
Funwave Foods Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Funwave Foods Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Pravinbhai Ravjibhai Bhoraniya was appointed as Partner.
Appointed
Rajan Hemrajbhai Kagathara was appointed as Partner.
Charges
A charge with Hdfc Bank Limited of Rs. 71.00 Cr registered on 29 Jun 2022 with Charge ID 100601436 was modified on 15 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100889287 was registered on 13 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100890041 was registered on 06 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100871134 was registered on 13 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100871046 was registered on 07 Feb 2024.

16 earlier events are in the company report.

Frequently asked questions

Funwave Foods is an active limited liability partnership based in Tankara, Gujarat, India. The LLP works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 10 June 2020 (6+ years old) and is registered under LLPIN AAS-5751.

Funwave Foods has 3 current designated partners:

The latest financial statements of Funwave Foods on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Funwave Foods is 24AAHFF0653K1ZI, registered in Gujarat. The LLP has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAHFF0653K1Z8 (Karnataka), 27AAHFF0653K1ZC (Maharashtra).

The LLPIN (Limited Liability Partnership Identification Number) of Funwave Foods is AAS-5751. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Funwave Foods has 4 court cases on record: 4 filed by the LLP. 3 are pending.

Funwave Foods was incorporated on 10 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Funwave Foods by revenue are SSG Pharma Private Limited, Geofast Foods Factory Private Limited, Gooddot Enterprises Private Limited, Teknofine Foods Private Limited, Safal Food Products Private Limited and 5 more, all in the Food and Beverages industry (Instant Foods).

Pravinbhai Ravjibhai Bhoraniya was appointed as Partner on 27 Feb 2025. Rajan Hemrajbhai Kagathara was appointed as Partner on 27 Feb 2025. Anil Govindbhai Bavarva was appointed as Designated Partner on 10 Jun 2020. Funwave Foods has 10 designated partner changes on record in total.

Yes, Funwave Foods is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000069).

The registered office of Funwave Foods is at Survey No. 1642P1 1642P2 1652P2, Morbi Rajkot Highway At Chatar, Tankara, Gujarat, India – 363650.