About Indian Products Private Limited
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Indian Products Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 08 May 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01132KA1980PTC043348. Its GSTIN is 29AAACI6463L1Z4 (Karnataka). The company holds 8 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.98 Cr. It was formerly known as Indian Products Limited. It is led by directors Komal Saumil Shah (Whole-Time Director) and Sachidanandan Kaveettil.
Its last annual general meeting (AGM) was held on 29 July 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 604A Queen'S Corner No.3 Queen'S Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹735.37 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹12.06 Cr (net margin 1.6%) and EBITDA of ₹37.24 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 24% over five years.
The company has about 983 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: On1y and Jayanti. As per MCA filings, the company has open charges of ₹559.6 Cr and satisfied charges of ₹241.55 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 3 cases are pending. The company has 21 deals on record (17 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹13.35 Cr; the latest was in March 2024. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 197 overdue payments to 91 micro and small suppliers.
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.
Company details
CIN history
Indian Products has one previous CIN (Corporate Identification Number): U01132KA1980PLC043348. The current CIN is U01132KA1980PTC043348, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01132KA1980PTC043348 | Current |
| U01132KA1980PLC043348 | Previous |
Contact details
Indian Products Private Limited's registered office is in Bangalore, Karnataka. Its website is jayanti.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address604A Queen'S Corner No.3 Queen'S Road, Bangalore, Karnataka, India – 560001
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Indian Products 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
Indian Products operates two associated brands: On1y and Jayanti. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells gourmet herbs, spices, seasonings online worldwide efficiently. | on1y.in | |
| Processes and supplies herbs, spices, and tea through sustainable farm-to-fork practices. | jayanti.com |
Business activity
The main business activity of Indian Products is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Indian Products Private Limited, buy the company report.
Financials of Indian Products Private Limited
FY 2025 filings availableIndian Products Private Limited reported revenue of ₹735.37 Cr (up 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 42% growth in the latest year. EBITDA rose 44% 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 | ₹735.37 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹37.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.06 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 | 5.1% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Indian Products Private Limited, buy the company report.
Board of directors of Indian Products Private Limited
Indian Products 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 |
|---|---|---|---|---|
| Komal Saumil Shah | Whole-Time Director | 26 Aug 2008 | 18 Years 2 Months | Current |
| Sachidanandan Kaveettil Also directs: SMP Tea Private Limited, Jayanti SMP Tea Private Limited | Director | 24 May 2024 | 2 Years 5 Months | Current |
Auditor
Indian Products Private Limited is audited by Ravindra T & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravindra T & Associates | FY 2025 | S200050 |
Shareholding
The shareholding of Indian Products 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 Indian Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2025 | 101178855 | Karnataka Bank Ltd. | ₹20 Cr | Open | |
| 09 Jun 2025 | 101129191 | Others | ₹35 Cr | Open | |
| 09 Jun 2025 | 101146959 | Others | ₹50 Cr | Open | |
| 30 Jul 2024 | 100961414 | Axis Bank Limited | ₹110 Cr | Open | |
| 25 Jan 2023 | 100689079 | State Bank of India | ₹100 Cr | Open |
To see the full charge records of Indian Products Private Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Indian Products Private Limited has 21 deals on record (17 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹13.35 Cr; the latest was in March 2024.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: SMP Tea Private Limited Seller: General Commodities Private Limited |
| Mar 2024 | Rights issue | ₹16.5 Cr | Investors: Milan A Shah HUF, Ashwin J Shah HUF, Jayanti Distributors Private Limited , an individual |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: General Commodities Private Limited Seller: 2 individuals |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Milan A Shah HUF, 2 individuals Seller: General Commodities Private Limited , an individual |
| Mar 2014 | Funding round | ₹2.11 Cr | Investors: Jayanti Infrastructure Private Limited , General Commodities Private Limited |
To see the full deal history of Indian Products 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
Indian Products Private Limited has 11 court cases on record: 8 filed by Indian Products, 3 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 2 |
| District courts | 4 | 2 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Globalvalue Food and Condiments Private Limited | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against Union of India, and 1 other | Pending |
| High Court of Kerala | Writ petition | Filed by the company against Union of India, | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Tatwa Health and Wellness Pvt | Disposed |
To see the full case history of Indian Products 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.
Credit ratings & regulatory alerts
Indian Products Private Limited was last rated by Icra on 31 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Mar 2020 |
To see the full credit ratings and regulatory alerts of Indian Products Private Limited, buy the company report.
MSME payment delays
Indian Products Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 197 overdue payments to 91 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 91)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| General Commodities Private Limited | |||
| Jo Bland Enterprises | |||
| Jayanti SMP Tea Private Limited | |||
| Harrisons Malayalam Ltd | |||
| an individual supplier |
To see the full MSME payment records of Indian Products Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indian Products has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| On1y Herbs & Spice Private Limited | U15111KA2019PTC126615 |
To see the full group structure of Indian Products Private Limited, buy the company report.
Employees & EPFO
Indian Products Private Limited has a workforce of 983 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 983 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Indian Products Private Limited, buy the company report.
GST
Indian Products has 8 GST registrations: 4 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI6463L1Z4 | Karnataka | Active | 01 Jul 2017 |
| 24AAACI6463L1ZE | Gujarat | Active | 01 Jul 2017 |
| 32AAACI6463L1ZH | Kerala | Active | 01 Jul 2017 |
| 33AAACI6463L2ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Products Private Limited, buy the company report.
Recent activity
Indian Products Private Limited has 22 board changes on record since 2003: 12 appointments and 10 cessations. The latest: Kruti Milan Shah ceased to be Director on 24 May 2024.
76 earlier events are in the company report.
Frequently asked questions
Indian Products is an active private limited company based in Bangalore, Karnataka, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 08 May 1980 (46+ years old) and is registered under CIN U01132KA1980PTC043348.
Indian Products has 2 current directors:
- Komal Saumil Shah - Whole-Time Director
- Sachidanandan Kaveettil - Director
The latest financial statements of Indian Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Indian Products is 29AAACI6463L1Z4, registered in Karnataka. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 24AAACI6463L1ZE (Gujarat), 32AAACI6463L1ZH (Kerala), 33AAACI6463L2ZE (Tamil Nadu).
The CIN (Corporate Identification Number) of Indian Products is U01132KA1980PTC043348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Products has 11 court cases on record: 8 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Indian Products was incorporated on 08 May 1980, making it 46+ years old. It is registered with the Registrar of Companies, Bangalore.
Indian Products has 21 deals on record (17 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹13.35 Cr; the latest was in March 2024.
Kruti Milan Shah ceased to be Director on 24 May 2024. Sachidanandan Kaveettil was appointed as Director on 24 May 2024. Mahendrakumar Manilal Shah ceased to be Director on 27 Feb 2023. Indian Products has 22 board changes on record in total.
Indian Products has 10 MSME Form 1 returns on record between 2019 and 2023, listing 197 overdue payments to 91 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Indian Products can be reached through the website jayanti.com. Its registered office is in Bangalore, Karnataka, India.
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