MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0161442
Heisetasse Beverages Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹285.25 Cr
▲ 15% YoY
Net loss · FY 2025
₹94.36 Cr
Net margin -33.1%
EBITDA · FY 2025
-₹21.04 Cr
EBITDA margin -7.4%
Authorised capital
₹8.73 Cr
Registered with MCA
Paid-up capital
₹2.96 Cr
Issued & subscribed
Open charges
₹20 Cr
Satisfied ₹25.56 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
1,464
Provident fund records
About Heisetasse Beverages Private Limited
Data last updated:
Heisetasse Beverages Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 18 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15100KA2017PTC103079. Its GSTIN is 29AAECH1917Q1Z2 (Karnataka). The company holds 11 GST registrations, all of them active.
The company has an authorised share capital of ₹8.73 Cr and a paid-up capital of ₹2.96 Cr. It is led by directors including Anirudh Sharma and Ayush Bathwal.
Its last annual general meeting (AGM) was held on 29 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 2025, the company reported a revenue of ₹285.25 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹94.36 Cr (net margin -33.1%) and EBITDA of -₹21.04 Cr (EBITDA margin -7.4%). Revenue has grown at a compounded annual rate (CAGR) of 107% over three years and 82% over five years.
The company has about 1,464 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Third Wave Coffee. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹25.56 Cr on record. Court records list 20 cases involving the company, including 5 filed by the company and 15 filed against it; 10 cases are pending. The company has 22 deals on record (13 funding rounds, 5 secondary share transfers, 2 rights issues), with disclosed funding of ₹968.01 Cr; the latest was in August 2026. Its 8 peer companies in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.) are compared by revenue, 4 larger and 4 smaller; the largest is Bloombay Enterprises Private Limited with revenue of ₹328.71 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2022, listing 220 overdue payments to 7 micro and small suppliers.
Heisetasse Beverages Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0161442). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thirdwavecoffeeroasters.com.
Company details
CIN U15100KA2017PTC103079
Registration Number 103079
Incorporation Date 18 May 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0161442
Recognitions & Rankings of Heisetasse Beverages
Contact details
Heisetasse Beverages Private Limited's registered office is in Bangalore, Karnataka. Its website is thirdwavecoffeeroasters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#492 1st 2nd&3rd Floor Abovethird, Wave Coffee 17th Main 2nd Sector, Bangalore, Karnataka, India – 560102
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Heisetasse Beverages Private Limited, buy the company report.
Comprehensive company report
Heisetasse Beverages 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
Heisetasse Beverages operates one associated brand: Third Wave Coffee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Restaurant chain serving coffee | thirdwavecoffeeroasters.com |
Business activity
The main business activity of Heisetasse Beverages is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Heisetasse Beverages Private Limited, buy the company report.
Financials of Heisetasse Beverages Private Limited
FY 2025 filings availableHeisetasse Beverages Private Limited reported revenue of ₹285.25 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹285.25 Cr ▲ 15%
Net loss · FY 2025
₹94.36 Cr margin -33.1%
EBITDA · FY 2025
-₹21.04 Cr margin -7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 107%
5 years · compounded
▲ 82%
Revenue has grown at a compounded annual rate (CAGR) of 82% over five years, including 15% growth 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 |
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| Total Expenses | |||||
| EBITDA | -₹21.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹94.36 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.4% | ||||
| Net Profit Margin | -33.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Heisetasse Beverages Private Limited, buy the company report.
Board of directors of Heisetasse Beverages Private Limited
Heisetasse Beverages has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshuman Khosla | Nominee Director | 17 Aug 2023 | 3 Years 2 Months | Current |
| Anirudh Sharma Also directs: Culinary Cafe Mostra LLP | Director | 18 May 2017 | 9 Years 5 Months | Current |
| Sujeet Kumar Also directs: Sorting Hat Technologies Private Limited | Nominee Director | 17 Aug 2023 | 3 Years 2 Months | Current |
| Ayush Bathwal Also directs: Culinary Cafe Mostra LLP | Director | 18 May 2017 | 9 Years 5 Months | Current |
| Goel Sushant | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
| Rajat Luthra | Additional Director | 11 Sep 2026 | 0 Years 1 Months | Current |
Peer comparison
Heisetasse Beverages Private Limited is compared with the 8 companies closest to it by revenue in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bloombay Enterprises Private Limited | ₹328.71 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India | |||
| Sky Gate Hospitality Private Limited | ₹310.18 Cr (FY 2025) | 14.0% | Gurugram, Haryana, India | |||
| Sree Annapoorna Sree Gowrishankar Hotels Private Limited | ₹300.91 Cr (FY 2025) | 15.0% | Coimbatore, Tamil Nadu, India | |||
| Burman Hospitality Private Limited | ₹293.64 Cr (FY 2025) | 8.0% | Delhi, India | |||
| Heisetasse Beverages Private Limitedthis company | ₹285.25 Cr (FY 2025) | -₹94.36 Cr | -33.1% | 15.0% | 1,464 | Bangalore, Karnataka, India |
| Absolute Barbeque Private Limited | ₹271.29 Cr (FY 2025) | -15.0% | Hyderabad, Telangana, India | |||
| Yellow Banana Food Company Private Limited | ₹270.9 Cr (FY 2024) | 27.0% | Mumbai, Maharashtra, India | |||
| Paradise Food Court Private Limited | ₹258.97 Cr (FY 2025) | -17.0% | Secunderabad, Telangana, India | |||
| Travel Food Services Chennai Private Limited | ₹248.43 Cr (FY 2023) | 164.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Heisetasse Beverages Private Limited, buy the company report.
Auditor
Heisetasse Beverages Private Limited is audited by B S R & Co. LLP Chartered Accountants for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP Chartered Accountants | FY 2025 | 101248W/W-100022 |
Shareholding
The shareholding of Heisetasse Beverages Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Heisetasse Beverages Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Cr
Satisfied charges
₹25.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 2023 | 100704799 | Others | ₹20 Cr | Satisfied | |
| 24 Mar 2022 | 100570974 | Others | ₹2.99 Cr | Satisfied | |
| 26 Jan 2022 | 100594156 | Others | ₹1 Cr | Satisfied | |
| 19 Jul 2021 | 100473789 | Others | ₹82.5 Lakh | Satisfied | |
| 03 Feb 2021 | 100459011 | Others | ₹74.5 Lakh | Satisfied |
To see the full charge records of Heisetasse Beverages Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Heisetasse Beverages Private Limited has 22 deals on record (13 funding rounds, 5 secondary share transfers, 2 rights issues), with disclosed funding of ₹968.01 Cr; the latest was in August 2026.
Total deals
22
Funding rounds
13
Secondary share transfers
5
Rights issues
2
Convertible or debt financing
1
Disclosed funding
₹968.01 Cr
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Funding round · Series D | ₹408 Cr | Investors: Westbridge Capital Partners, Creaegis |
| Sep 2023 | Funding round · Series C | ₹284.21 Cr | Investors: Creaegis, Westbridge Capital Partners |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Westbridge Capital Partners Seller: 3 individuals |
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: Westbridge Capital Partners Seller: NB Ventures, Pratyay Ventures Limited |
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: Westbridge Capital Partners Seller: Innopark (India) Private Limited , Angel List, 2 individuals |
To see the full deal history of Heisetasse Beverages Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Heisetasse Beverages Private Limited has 20 court cases on record: 5 filed by Heisetasse Beverages, 15 filed against it. 10 cases are pending and 10 are disposed.
Total cases
20
Filed by the company
5
Filed against the company
15
Pending
10
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 13 | 4 |
| High courts | 6 | 2 | 6 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Marathon Builcons Pvt. Ltd. and 1 other | Pending |
| High Court, KARNATAKA | Appeal | Filed against the company by Official Liquidator of M/S United Breweries Holdings Limited (in Liquidation) | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Sobha Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation K - East Ward | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by M/S. Shreeji International | Pending |
To see the full case history of Heisetasse Beverages 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
Heisetasse Beverages Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 220 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cerraglobe Inc - Mumbai | |||
| Aditya Food Services Company | |||
| A & S Solutions - Mumbai | |||
| G P Solutions | |||
| an individual supplier |
To see the full MSME payment records of Heisetasse Beverages Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Heisetasse Beverages Private Limited has a workforce of 1,464 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
1,464
Active EPFO establishments
1
Employee growth
42.27%
GST
Heisetasse Beverages has 11 GST registrations: 11 active. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH1917Q1Z2 | Karnataka | Active | 29 Sep 2017 |
| 29AAECH1917Q2Z1 | Karnataka | Active | 01 Mar 2025 |
| 27AAECH1917Q1Z6 | Maharashtra | Active | 28 Nov 2018 |
| 36AAECH1917Q1Z7 | Telangana | Active | 07 Feb 2019 |
To see the full GST registrations and return filing status of Heisetasse Beverages Private Limited, buy the company report.
Recent activity
Heisetasse Beverages Private Limited has 8 board changes on record since 2017: 6 appointments and 2 cessations. The latest: Rajat Luthra was appointed as Additional Director on 11 Sep 2026.
Appointed
Rajat Luthra was appointed as Additional Director.
AGM
Heisetasse Beverages Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge registered on 03 Apr 2023 via Charge ID 100704799 with Others was fully satisfied on 10 Jul 2025.
Filing
Heisetasse Beverages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 24 Mar 2022 via Charge ID 100570974 with Others was fully satisfied on 21 Mar 2025.
Charges
A charge registered on 26 Jan 2022 via Charge ID 100594156 with Others was fully satisfied on 26 Sep 2023.
Appointed
Anshuman Khosla was appointed as Nominee Director.
Appointed
Sujeet Kumar was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100704799 was registered on 03 Apr 2023.
Charges
A charge registered on 03 Feb 2021 via Charge ID 100459011 with Others was fully satisfied on 03 Mar 2023.
Ceased
Ayyappan Rajagopal ceased to be Additional Director.
Charges
A charge registered on 19 Jul 2021 via Charge ID 100473789 with Others was fully satisfied on 23 Jan 2023.
9 earlier events are in the company report.
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Frequently asked questions
Heisetasse Beverages is an active private limited company based in Bangalore, Karnataka, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 18 May 2017 (9+ years old) and is registered under CIN U15100KA2017PTC103079.
Heisetasse Beverages has 6 current directors:
- Anshuman Khosla - Nominee Director
- Anirudh Sharma - Director
- Sujeet Kumar - Nominee Director
- Ayush Bathwal - Director
- Goel Sushant - Director
- Rajat Luthra - Additional Director
The latest financial statements of Heisetasse Beverages on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Heisetasse Beverages is 29AAECH1917Q1Z2, registered in Karnataka. The company has 11 GST registrations in all, of which 11 are active. Other active GSTINs include 29AAECH1917Q2Z1 (Karnataka), 27AAECH1917Q1Z6 (Maharashtra), 36AAECH1917Q1Z7 (Telangana).
The CIN (Corporate Identification Number) of Heisetasse Beverages is U15100KA2017PTC103079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heisetasse Beverages has 20 court cases on record: 5 filed by the company and 15 filed against it. 10 are pending. Most are in the district courts.
Heisetasse Beverages was incorporated on 18 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Heisetasse Beverages has 22 deals on record (13 funding rounds, 5 secondary share transfers, 2 rights issues), with disclosed funding of ₹968.01 Cr; the latest was in August 2026.
The peers of Heisetasse Beverages by revenue are Bloombay Enterprises Private Limited, Sky Gate Hospitality Private Limited, Sree Annapoorna Sree Gowrishankar Hotels Private Limited, Burman Hospitality Private Limited, Absolute Barbeque Private Limited and 3 more, all in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Rajat Luthra was appointed as Additional Director on 11 Sep 2026. Anshuman Khosla was appointed as Nominee Director on 17 Aug 2023. Sujeet Kumar was appointed as Nominee Director on 17 Aug 2023. Heisetasse Beverages has 8 board changes on record in total.
Yes, Heisetasse Beverages is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0161442).
Heisetasse Beverages has 3 MSME Form 1 returns on record between 2019 and 2022, listing 220 overdue payments to 7 micro and small suppliers. The latest return was filed on 31 Aug 2023.