Granary Wholesale Private Limited

Granary Wholesale Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U51909KA2019FTC122933 Incorporated 29 March 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company e-commerce
Data last updated
Revenue · FY 2023
₹4,068.24 Cr
▼ 45% YoY
Net loss · FY 2023
₹114.51 Cr
Net margin -2.8%
EBITDA · FY 2023
-₹111.04 Cr
EBITDA margin -2.7%
Authorised capital
₹80 Cr
Registered with MCA
Paid-up capital
₹10.26 Cr
Issued & subscribed
Open charges
₹124.28 Cr
Satisfied ₹145 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
12
Provident fund records

About Granary Wholesale Private Limited

Data last updated:

Granary Wholesale Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Inventech Private Limited. It operates in the online grocery platforms segment of the e-commerce sector. It was incorporated on 29 March 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2019FTC122933. Its GSTIN is 29AAHCG7552R1ZN (Karnataka). The company holds 22 GST registrations, of which 21 are active.

The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹10.26 Cr. It is led by director Abhilash Gopalakrishna Pillai.

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 Bangalore, Karnataka.

As per the financials filed for FY 2023, the company reported a revenue of ₹4,068.24 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹114.51 Cr (net margin -2.8%) and EBITDA of -₹111.04 Cr (EBITDA margin -2.7%). Revenue has grown at a compounded annual rate (CAGR) of 136% over three years.

The company has about 12 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Annabhumi. As per MCA filings, the company has open charges of ₹124.28 Cr and satisfied charges of ₹145 Cr on record. Court records list 28 cases involving the company, including 20 filed by the company and 8 filed against it; 14 cases are pending. The company has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹21.08 Cr; the latest was in October 2020. The company has 9 MSME Form 1 returns on record between 2021 and 2024, listing 124 overdue payments to 36 micro and small suppliers.

For more details, the company can be reached via its website granarywholesale.com.

Company details

CIN U51909KA2019FTC122933
Registration Number 122933
Incorporation Date 29 March 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Inventech Private Limited

Contact details

Granary Wholesale Private Limited's registered office is in Bangalore, Karnataka. Its website is granarywholesale.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Twa – Sjr – The Hub 1st Floor Of South Wing Survey Number 8 2 & 9, Sarjapur Main Road Sarjapur – Marathahalli Road Bellandur, Bangalore, Karnataka, India – 560102
  • Industry
    E-Commerce, Online Grocery Platforms

To see the full contact details of Granary Wholesale Private Limited, buy the company report.

Comprehensive company report
Granary Wholesale 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
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Brands

Granary Wholesale operates one associated brand: Annabhumi. Each brand links to its own profile.

BrandDescriptionWebsite
Specializes in the production and sale of wheat-based products, including chakki atta.annabhumi.com

Business activity

The main business activity of Granary Wholesale is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Granary Wholesale Private Limited

FY 2025 filings available

Granary Wholesale Private Limited reported revenue of ₹4,068.24 Cr (down 45% YoY) for FY 2023.

Revenue · FY 2023
₹4,068.24 Cr ▼ 45%
Net loss · FY 2023
₹114.51 Cr margin -2.8%
EBITDA · FY 2023
-₹111.04 Cr margin -2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 136%

Revenue fell 45% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 136%. 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹4,068.24 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹111.04 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹114.51 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-2.7%
Net Profit Margin-2.8%
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 Granary Wholesale Private Limited, buy the company report.

Board of directors of Granary Wholesale Private Limited

Granary Wholesale has 1 current director and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhilash Gopalakrishna PillaiDirector30 Jan 20233 Years 9 MonthsCurrent

Auditor

Granary Wholesale Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.R. Batliboi & Associates LLPFY 2023101049W/E300004

Shareholding

The shareholding of Granary Wholesale Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Granary Wholesale Private Limited, buy the company report.

Charges & borrowings

Open charges
₹124.28 Cr
Satisfied charges
₹145 Cr
Breakdown by lending institutions
Axis Bank Limited₹70.00 Cr
Others₹54.28 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Jan 2023100711999Axis Bank Limited₹70 CrOpen
26 Sep 2022100619013Others₹50 CrOpen
25 Mar 2021100432839Others₹4.28 CrOpen
24 Feb 2025101061290The Hongkong and Shanghai Banking Corporation Limited₹50 CrSatisfied
21 May 2022100578951Hdfc Bank Limited₹35 CrSatisfied

To see the full charge records of Granary Wholesale Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Granary Wholesale Private Limited has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹21.08 Cr; the latest was in October 2020.

Total deals
4
Rights issues
3
Funding round
1
Disclosed funding
₹21.08 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Oct 2020Rights issue₹234.91 CrInvestors: Inventech Pte Limited
Jan 2020Rights issue₹281.13 CrInvestors: Inventech Pte Limited
Dec 2019Rights issue₹14.17 CrInvestors: Inventech Pte Limited
Jul 2019Funding round₹21.08 CrInvestors: Inventech Pte Limited

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

MSME payment delays

Granary Wholesale Private Limited has 9 MSME Form 1 returns on record between 2021 and 2024, listing 124 overdue payments to 36 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 36)

SupplierAmount dueDue sinceReported on
Vibrant Screen Private Limited
an individual supplier
Reliance Packaging Industries
Partner and Partner Packaging
Cartridge Junction (India) Private Limited

To see the full MSME payment records of Granary Wholesale Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Granary Wholesale Private Limited has a workforce of 12 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
-53.85%

GST

Granary Wholesale has 22 GST registrations: 21 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
22
Active
21
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAHCG7552R1ZNKarnatakaActive16 May 2019
29AAHCG7552R2ZMKarnatakaActive14 Feb 2024
24AAHCG7552R1ZXGujaratActive23 May 2019
06AAHCG7552R1ZVHaryanaActive28 May 2019

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

Recent activity

Granary Wholesale Private Limited has 8 board changes on record since 2019: 1 appointment and 7 cessations. The latest: Mayank ceased to be Additional Director on 05 Feb 2024.

AGM
Granary Wholesale Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 24 Feb 2025 via Charge ID 101061290 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 18 Sep 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 50.00 Cr registered on 24 Feb 2025 with Charge ID 101061290 was modified on 11 Apr 2025.
Filing
Granary Wholesale Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited of Rs. 70.00 Cr registered on 19 Jan 2023 with Charge ID 100711999 was modified on 07 Mar 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 50.00 Cr with Charge ID 101061290 was registered on 24 Feb 2025.
Charges
A charge registered on 08 Sep 2021 via Charge ID 100485185 with Others was fully satisfied on 08 Feb 2024.
Ceased
Mayank ceased to be Additional Director.
Charges
A charge registered on 21 May 2022 via Charge ID 100578951 with Hdfc Bank Limited was fully satisfied on 15 Jan 2024.
Ceased
Lakshmi Krishna Kumar ceased to be Company Secretary.
Ceased
Abhilash Gopalakrishna Pillai ceased to be Additional Director.
Appointed
Abhilash Gopalakrishna Pillai was appointed as Director.

11 earlier events are in the company report.

Frequently asked questions

Granary Wholesale is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in online grocery platforms, within the e-commerce industry. It was incorporated on 29 March 2019 (7+ years old) and is registered under CIN U51909KA2019FTC122933.

Granary Wholesale has 1 current director:

The latest financial statements of Granary Wholesale 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 FY 2019 are in the company report.

The GSTIN of Granary Wholesale is 29AAHCG7552R1ZN, registered in Karnataka. The company has 22 GST registrations in all, of which 21 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAHCG7552R2ZM (Karnataka), 24AAHCG7552R1ZX (Gujarat), 06AAHCG7552R1ZV (Haryana).

The CIN (Corporate Identification Number) of Granary Wholesale is U51909KA2019FTC122933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Granary Wholesale has 28 court cases on record: 20 filed by the company and 8 filed against it. 14 are pending. Most are in the district courts.

Granary Wholesale was incorporated on 29 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Granary Wholesale has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹21.08 Cr; the latest was in October 2020.

Mayank ceased to be Additional Director on 05 Feb 2024. Lakshmi Krishna Kumar ceased to be Company Secretary on 12 Dec 2023. Abhilash Gopalakrishna Pillai ceased to be Additional Director on 07 Sep 2023. Granary Wholesale has 8 board changes on record in total.

Granary Wholesale has 9 MSME Form 1 returns on record between 2021 and 2024, listing 124 overdue payments to 36 micro and small suppliers. The latest return was filed on 29 Apr 2024.

Granary Wholesale can be reached through the website granarywholesale.com. Its registered office is in Bangalore, Karnataka, India.