About General Commodities Private Limited
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General Commodities Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 30 October 1964 and has been in existence for over 62 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15491KA1964PTC009873. Its GSTIN is 29AAACG6646B1ZQ (Karnataka). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹4.9 Cr and a paid-up capital of ₹4.88 Cr. It was formerly known as Jayanti Tea Distributing Co. Private Limited and General Commodities Limited. It is led by directors Varsha Ashwin Shah and Milan Ashwin Shah.
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 604 Queens Corner'A' # 3 Queens Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹916.95 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹5.32 Cr (net margin 0.6%) and EBITDA of ₹14.68 Cr (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 112% over three years and 17% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jayanti. As per MCA filings, the company has open charges of ₹11.7 Cr and satisfied charges of ₹311.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jayanti.com.
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- Website
- Social Media
- Registered Address604 Queens Corner'A' # 3 Queens Road, Bangalore, Karnataka, India – 560001
- IndustryFood and Beverages, Spice Manufacturing & Distribution
- 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
Name History of General Commodities Private Limited
General Commodities has undergone 2 name changes throughout its history. The company was previously known as Jayanti Tea Distributing Co. Private Limited, and General Commodities Limited. The current legal name is General Commodities Private Limited.
| Company Name | Status |
|---|---|
| General Commodities Private Limited | Current |
| Jayanti Tea Distributing Co. Private Limited | Previous |
| General Commodities Limited | Previous |
CIN History of General Commodities Private Limited
General Commodities has one previous CIN (Corporate Identification Number): U15491KA1989PTC009873. The current CIN is U15491KA1964PTC009873, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15491KA1964PTC009873 | Current |
| U15491KA1989PTC009873 | Previous |
Associated Brands with General Commodities Private Limited
General Commodities operates one associated brand: Jayanti. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Processes and supplies herbs, spices, and tea through sustainable farm-to-fork practices. | jayanti.com |
Competitors & Alternatives of General Commodities Private Limited
Brands and companies operating in the same space as General Commodities Private Limited include Pushp, CurryIt, Food Service and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Pushp | Brand of spices & seasonings | Indore, India | 1974 |
 CurryIt | Internet first brand offering spices and other food products | Delhi, India | 2020 |
 Food Service | Customized food solutions are provided for the HORECA sector. | Mumbai, India | 2012 |
 Eastern Condiments | Spices, condiments, pickles, and beverages are manufactured and distributed. | Kochi, India | 1983 |
 Keya Foods | Multi-category food products are offered via an internet-first brand. | Mumbai, India | 2009 |
 JK Masala | Spices producer and brand | Kolkata, India | 1957 |
 Apis India | Honey and value-added food products are manufactured and distributed. | Delhi, India | 1924 |
 Badshah Masala | Blended, ground, and whole spices are manufactured for culinary applications. | Mumbai, India | 1958 |
 Synthite Industries | Manufacturer and exporter of spice oleoresins and essential oils | Ernakulam, India | 1972 |
Business Activity of General Commodities Private Limited
The main business activity of General Commodities is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of General Commodities Private Limited
General Commodities Private Limited is audited by Ravindra T & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ravindra T & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of General Commodities Private Limited
General Commodities has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Ashwin Shah Also directs: Jayanti Infrastructure Private Limited, Jayanti Distributors Private Limited, Milan Business Associates Private Limited and 2 more | Director | 01 Nov 2018 | 7 Years 11 Months | Current |
| Milan Ashwin Shah | Director | 01 Nov 2018 | 7 Years 11 Months | Current |
Financials of General Commodities Private Limited FY 2024 filings available
General Commodities Private Limited reported revenue of ₹916.95 Cr (up 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of General Commodities Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 58% growth in the latest year. EBITDA rose 294% 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 of General Commodities Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹14.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.32 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of General Commodities Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Net 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 AOC-4. The full year-wise statements and ratios of General Commodities are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of General Commodities Private Limited
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.
Group Structure of General Commodities Private Limited
General Commodities has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Charges & Borrowings of General Commodities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2022 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Satisfied |
| 25 Oct 2021 | Hdfc Bank Limited | ₹11 Cr | Satisfied |
| 09 Sep 2020 | Karnataka Bank Ltd. | ₹4.2 Cr | Satisfied |
| 01 Jul 2020 | Karnataka Bank Ltd. | ₹7.5 Cr | Satisfied |
| 19 Dec 2019 | Others | ₹10 Cr | Satisfied |
Total charge records: 14 View all charges
Employees and EPFO Compliance at General Commodities Private Limited
General Commodities Private Limited has a workforce of 70 employees as of Apr 05, 2024.
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.
GST Compliance of General Commodities Private Limited
General Commodities has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACG6646B1ZQ | Karnataka | Active | 01 Jul 2017 |
| 24AAACG6646B1Z0 | Gujarat | Active | 01 Jul 2017 |
| 32AAACG6646B1Z3 | Kerala | Active | 01 Jul 2017 |
| 33AAACG6646B1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for General Commodities Private Limited
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 General Commodities Private Limited
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 General Commodities Private Limited
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.
MCA Filings & Documents of General Commodities Private Limited
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.
Recent Activity on General Commodities Private Limited
Frequently Asked Questions about General Commodities Private Limited
General Commodities is an active private limited company based in Bangalore, Karnataka, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 30 October 1964 (62+ years old) and is registered under CIN U15491KA1964PTC009873.
General Commodities reported revenue of ₹916.95 Cr for FY 2024 (up 58% YoY).
General Commodities has 2 current directors:
- Varsha Ashwin Shah - Director
- Milan Ashwin Shah - Director
General Commodities reported a net profit of ₹5.32 Cr (net margin 0.6%) and EBITDA of ₹14.68 Cr (EBITDA margin 1.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of General Commodities is 112% over three years and 17% over five years. In the latest year (FY 2024) revenue rose 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of General Commodities is 29AAACG6646B1ZQ, registered in Karnataka. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACG6646B1Z0 (Gujarat), 32AAACG6646B1Z3 (Kerala), 33AAACG6646B1Z1 (Tamil Nadu).
The CIN (Corporate Identification Number) of General Commodities is U15491KA1964PTC009873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
General Commodities was incorporated on 30 October 1964, making it 62+ years old. It is registered with the Registrar of Companies, Bangalore.
General Commodities can be reached through the website jayanti.com. Its registered office is in Bangalore, Karnataka, India.