About Hortifrut Ig Berries Private Limited
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Hortifrut Ig Berries Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 15 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01251MH2018PTC304182. Its GSTIN is 23AAECI7434B1Z0 (Madhya Pradesh).
The company has an authorised share capital of ₹104 Cr and a paid-up capital of ₹102.43 Cr. It was formerly known as Ig Berries Private Limited. It is led by directors including Bobby Babak Yavari and Alberto Nicolas Moller Opazo.
Its last annual general meeting (AGM) was held on 18 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Akshar Bluechip Bldg 8th Floor 802 Turbhe Naka Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2026, the company reported a revenue of ₹94.71 Cr, a growth of 125% compared to the previous year. For the same year it recorded a net profit of ₹40.83 Cr (net margin 43.1%) and EBITDA of ₹57.34 Cr (EBITDA margin 60.5%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years and 227% over five years.
The company is associated with 1 brand: IG International. As per MCA filings, the company has open charges of ₹30 Cr on record. The company has 5 deals on record (3 funding rounds, 2 rights issues), with disclosed funding of ₹101.88 Cr; the latest was in January 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website igberries.com.
Company details
CIN history
Hortifrut Ig Berries has one previous CIN (Corporate Identification Number): U51909MH2018PTC304182. The current CIN is U01251MH2018PTC304182, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01251MH2018PTC304182 | Current |
| U51909MH2018PTC304182 | Previous |
Contact details
Hortifrut Ig Berries Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is igberries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAkshar Bluechip Bldg 8th Floor 802 Turbhe Naka Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400705
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Hortifrut Ig Berries 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
Brands
Hortifrut Ig Berries operates one associated brand: IG International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fresh fruits importing, distribution, and logistics services in India. | iginternational.net |
Business activity
The main business activity of Hortifrut Ig Berries is agriculture, forestry and fishing. In detail, this covers crop and animal production, hunting and related service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 01 | Crop and animal production, hunting and related service activities |
To see the full business activity and turnover split of Hortifrut Ig Berries Private Limited, buy the company report.
Financials of Hortifrut Ig Berries Private Limited
FY 2026 filings availableHortifrut Ig Berries Private Limited reported revenue of ₹94.71 Cr (up 125% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 227% over five years, including 125% growth in the latest year. EBITDA rose 547% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
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| Total Revenue | ₹94.71 Cr | ||||
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| EBITDA | ₹57.34 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹40.83 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.5% | ||||
| Net Profit Margin | 43.1% | ||||
| Return on Equity (ROE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Hortifrut Ig Berries Private Limited, buy the company report.
Board of directors of Hortifrut Ig Berries Private Limited
Hortifrut Ig Berries has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bobby Babak Yavari | Director | 10 Mar 2023 | 3 Years 8 Months | Current |
| Alberto Nicolas Moller Opazo | Director | 10 Mar 2023 | 3 Years 8 Months | Current |
| Manoussos Diogenis Babiolakis | Director | 15 Jan 2018 | 8 Years 9 Months | Current |
| Andrew Paul Bell | Director | 26 Mar 2018 | 8 Years 7 Months | Current |
| Hector Enrique Lujan | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
| Sanjay Arora | Director | 28 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Hortifrut Ig Berries Private Limited is audited by D R MEHTA & ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D R MEHTA & ASSOCIATES | FY 2026 | 106207W |
Shareholding
The shareholding of Hortifrut Ig Berries 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 Hortifrut Ig Berries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2026 | 101222393 | Hdfc Bank Limited | ₹30 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Hortifrut Ig Berries Private Limited has 5 deals on record (3 funding rounds, 2 rights issues), with disclosed funding of ₹101.88 Cr; the latest was in January 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹39.49 Cr | Investors: Hortifrut SA |
| Apr 2022 | Funding round | ₹37.39 Cr | Investors: Hortifrut SA |
| Mar 2021 | Funding round | ₹25 Cr | Investors: I.G.International Private Limited , Black Mountain Berries Pty Limited, Milos Foundation Limited |
| Oct 2019 | Rights issue | ₹15.85 Cr | Investors: I.G.International Private Limited , Black Mountain Berries Pty Limited, Milos Foundation Limited |
| Mar 2018 | Rights issue | ₹10.35 Cr | Investors: I.G.International Private Limited , Black Mountain Berries Pty Limited, Milos Foundation Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Hortifrut Ig Berries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hortifrut Ig Berries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hortifrut Ig Berries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECI7434B1Z0 | Madhya Pradesh | Active | 10 Jul 2018 |
To see the full GST registrations and return filing status of Hortifrut Ig Berries Private Limited, buy the company report.
Recent activity
Hortifrut Ig Berries Private Limited has 9 board changes on record since 2018: 6 appointments and 3 cessations. The latest: Hector Enrique Lujan was appointed as Director on 23 Aug 2024.
1 earlier event is in the company report.
Frequently asked questions
Hortifrut Ig Berries is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 15 January 2018 (8+ years old) and is registered under CIN U01251MH2018PTC304182.
Hortifrut Ig Berries has 6 current directors:
- Bobby Babak Yavari - Director
- Alberto Nicolas Moller Opazo - Director
- Manoussos Diogenis Babiolakis - Director
- Andrew Paul Bell - Director
- Hector Enrique Lujan - Director
- Sanjay Arora - Director
The latest financial statements of Hortifrut Ig Berries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2026. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Hortifrut Ig Berries is 23AAECI7434B1Z0, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Hortifrut Ig Berries is U01251MH2018PTC304182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hortifrut Ig Berries was incorporated on 15 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Hortifrut Ig Berries has 5 deals on record (3 funding rounds, 2 rights issues), with disclosed funding of ₹101.88 Cr; the latest was in January 2023.
Hector Enrique Lujan was appointed as Director on 23 Aug 2024. Rafael Sturla Quevedo ceased to be Additional Director on 29 Sep 2023. Alberto Nicolas Moller Opazo was appointed as Director on 10 Mar 2023. Hortifrut Ig Berries has 9 board changes on record in total.
Hortifrut Ig Berries can be reached through the website igberries.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Hortifrut Ig Berries is at Akshar Bluechip Bldg 8th Floor 802 Turbhe Naka Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400705.
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