- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0277652
_PRIVATE_LIMITED.webp)
About Giiava (India) Private Limited
Data last updated:
Giiava (India) Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Kastorking (India) Private Limited. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 01 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15339PN2003PTC018199. Its GSTIN is 27AAHCS7033D1ZG (Maharashtra).
The company has an authorised share capital of ₹3.15 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Shashikiran Chemicals Private Limited and Carotino (India) Private Limited. It is led by directors including Manjusha Harshvardhan Bhawe (Managing Director) and Harshawardhan Vaman Bhawe.
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 The Synergy 2nd Floor Plot No. 70/21 Law College Road Pune – 411 004., Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.83 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 3.8%) and EBITDA of ₹2.67 Cr (EBITDA margin 7.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.34 Cr and satisfied charges of ₹16.39 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in March 2009.
Giiava (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0277652). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website giiava.com.
Company details
Name history
Giiava (India) has undergone 3 name changes throughout its history. The company was previously known as Shashikiran Chemicals Private Limited, Carotino (India) Private Limited, and Synergy Foods Private Limited. The current legal name is Giiava (India) Private Limited.
| Company Name | Status |
|---|---|
| Giiava (India) Private Limited | Current |
| Shashikiran Chemicals Private Limited | Previous |
| Carotino (India) Private Limited | Previous |
| Synergy Foods Private Limited | Previous |
CIN history
Giiava (India) has one previous CIN (Corporate Identification Number): U15339PN1975PTC018199. The current CIN is U15339PN2003PTC018199, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15339PN2003PTC018199 | Current |
| U15339PN1975PTC018199 | Previous |
Recognitions & Rankings of Giiava (India)
Contact details
Giiava (India) Private Limited's registered office is in Pune, Maharashtra. Its website is giiava.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressThe Synergy 2nd Floor Plot No. 70/21 Law College Road Pune – 411 004., Maharashtra, India – 411004
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Giiava (India) Private Limited, buy the company report.
- 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
Business activity
The main business activities of Giiava (India) are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Giiava (India) Private Limited, buy the company report.
Financials of Giiava (India) Private Limited
FY 2025 filings availableGiiava (India) Private Limited reported revenue of ₹36.83 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 24% fall in the latest year. EBITDA fell 3% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹2.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.42 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 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 3.8% | ||||
| 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 Giiava (India) Private Limited, buy the company report.
Board of directors of Giiava (India) Private Limited
Giiava (India) has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjusha Harshvardhan Bhawe Also directs: Kastorking (India) Private Limited, Prime Oleochem Private Limited, Malaysian Vegetable Oils (India) Private Limited and 5 more | Managing Director | 01 Aug 2003 | 23 Years 3 Months | Current |
| Kaustubh Kiran Vaidya Also directs: Vanarai-Vile Plantation Private Limited | Additional Director | 20 Mar 2024 | 2 Years 7 Months | Current |
| Harshawardhan Vaman Bhawe Also directs: Kastorking (India) Private Limited, Prime Oleochem Private Limited, Malaysian Vegetable Oils (India) Private Limited and 3 more | Director | 01 Aug 2003 | 23 Years 3 Months | Current |
| Atul Vinayak Modak | Additional Director | 21 Mar 2024 | 2 Years 7 Months | Current |
| Ajay Arvind Bedekar Also directs: Kastorking (India) Private Limited, Vanarai-Vile Plantation Private Limited, MK Biofa Technologies Private Limited and 2 more | Director | 01 Aug 2003 | 23 Years 3 Months | Current |
Auditor
Giiava (India) Private Limited is audited by Kirtane & Pandit LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kirtane & Pandit LLP | FY 2021 | 105215W/W100057 |
Shareholding
The shareholding of Giiava (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Giiava (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2022 | 100642497 | Others | ₹10 Cr | Open | |
| 24 Jun 2022 | 100594138 | Bank of India | ₹20 Lakh | Open | |
| 18 Jun 2022 | 100592897 | Hdfc Bank Limited | ₹29 Lakh | Open | |
| 29 Jul 2020 | 100437773 | Bank of India | ₹1.35 Cr | Open | |
| 27 Jan 2020 | 100359042 | Bank of India | ₹7.5 Cr | Open |
To see the full charge records of Giiava (India) Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Giiava (India) Private Limited has 1 deal on record (1 acquisition); the latest was in March 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2009 | Acquisition | Undisclosed | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Giiava (India) Private Limited has 3 court cases on record: 3 filed by Giiava (India). 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ricela Health Foods Ltd Mr. Puneet Goyal | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Giiava (India) 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 Giiava (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Giiava (India) Private Limited has a workforce of 32 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Giiava (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS7033D1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Giiava (India) Private Limited, buy the company report.
Recent activity
Giiava (India) Private Limited has 9 board changes on record since 2003: 5 appointments and 4 cessations. The latest: Atul Vinayak Modak was appointed as Additional Director on 21 Mar 2024.
20 earlier events are in the company report.
Frequently asked questions
Giiava (India) is an active private limited company based in Pune, Maharashtra, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 01 August 2003 (23+ years old) and is registered under CIN U15339PN2003PTC018199.
Giiava (India) has 5 current directors:
- Manjusha Harshvardhan Bhawe - Managing Director
- Kaustubh Kiran Vaidya - Additional Director
- Harshawardhan Vaman Bhawe - Director
- Atul Vinayak Modak - Additional Director
- Ajay Arvind Bedekar - Director
The latest financial statements of Giiava (India) 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 Giiava (India) is 27AAHCS7033D1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Giiava (India) is U15339PN2003PTC018199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giiava (India) has 3 court cases on record: 3 filed by the company. 1 is pending.
Giiava (India) was incorporated on 01 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
Giiava (India) has 1 deal on record (1 acquisition); the latest was in March 2009.
Atul Vinayak Modak was appointed as Additional Director on 21 Mar 2024. Kaustubh Kiran Vaidya was appointed as Additional Director on 20 Mar 2024. Chu Shien Chang ceased to be Director on 09 Feb 2015. Giiava (India) has 9 board changes on record in total.
Yes, Giiava (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0277652).

