Funwave Foods LLP
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.
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- Registered AddressSurvey No. 164/2P1 164/2P2 165/2P2, Morbi Rajkot Highway At Chatar, Tankara, Gujarat, India – 363650
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
- 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
- One PDF report, delivered after checkout
Financials of Funwave Foods LLP FY 2025 filings available
Funwave Foods LLP reported revenue of ₹115.61 Cr (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Funwave Foods LLP
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 of Funwave Foods LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 of Funwave Foods LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 1.9% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Funwave Foods are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Funwave Foods LLP
Funwave Foods LLP is compared with the companies closest to it by revenue in the Food and Beverages industry (Instant Foods). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SSG Pharma Private Limited | ₹124.73 Cr (FY 2020) | •••• | •••• | 15.0% | •••• | Delhi, India |
| Geofast Foods Factory Private Limited | ₹120.34 Cr (FY 2025) | •••• | •••• | •••• | Hayathnagar, 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 LLP this company | ₹115.61 Cr (FY 2024) | •••• | •••• | 69.0% | •••• | Tankara, Gujarat, India |
| K P L Oil Mills Private Limited | ₹115.14 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Trichur, 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% | •••• | Khoni Village 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 |
Peers are the five companies nearest above and the five nearest below Funwave Foods by revenue in the Food and Beverages industry (Instant Foods), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandubhai Devjibhai Koringa | Designated Partner | 10 Jun 2020 | 6 Years 3 Months | Current |
| Anil Govindbhai Bavarva | Designated Partner | 10 Jun 2020 | 6 Years 3 Months | Current |
| Chetan Ishwarlal Kukarvadiya Also directs: Olwin Tiles (India) Private Limited, Involt Energy Private Limited | Designated Partner | 10 Jun 2020 | 6 Years 3 Months | Current |
Ownership and Shareholding of Funwave Foods LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Funwave Foods LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2025 | Hdfc Bank Limited | ₹1.04 Cr | Open |
| 17 Jun 2025 | Hdfc Bank Limited | ₹24 Lakh | Open |
| 09 Jun 2025 | Sidbi | ₹7.4 Cr | Open |
| 13 Mar 2024 | Hdfc Bank Limited | ₹13.5 Lakh | Open |
| 06 Mar 2024 | Hdfc Bank Limited | ₹25.13 Lakh | Open |
Total charge records: 12 View all charges
Legal Cases of Funwave Foods LLP
Funwave Foods LLP has 4 court cases on record: 4 filed by Funwave Foods. 3 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against Innovative Foods Limited | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Blosam Fruit (OPC) Private Limited | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Blosam Fruit (OPC) Private Limited | Disposed |
| District court, MORBI, Gujarat | Civil suit | Filed by the company against Raj Traders | Pending |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Funwave Foods LLP
Funwave Foods LLP has a workforce of 5 employees as of Sep 20, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Funwave Foods LLP
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.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Funwave Foods LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Funwave Foods LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Funwave Foods LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Funwave Foods LLP
Funwave Foods has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHFF0653K1ZI | Gujarat | Active | 13 Jul 2020 |
| 29AAHFF0653K1Z8 | Karnataka | Active | 06 Jun 2023 |
| 27AAHFF0653K1ZC | Maharashtra | Active | 22 Jun 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Funwave Foods LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Funwave Foods LLP
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 reported revenue of ₹115.61 Cr for FY 2024 (up 69% YoY).
Funwave Foods has 3 current designated partners:
- Chandubhai Devjibhai Koringa - Designated Partner
- Anil Govindbhai Bavarva - Designated Partner
- Chetan Ishwarlal Kukarvadiya - Designated Partner
Funwave Foods reported a net profit of ₹2.25 Cr (net margin 1.9%) and EBITDA of ₹17.95 Cr (EBITDA margin 15.5%) for FY 2024, as per its filed financial statements.
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.
The registered office of Funwave Foods is at Survey No. 1642P1 1642P2 1652P2, Morbi Rajkot Highway At Chatar, Tankara, Gujarat, India – 363650.