- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0139264

About Indulge Beverages Private Limited
Data last updated:
Indulge Beverages Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 25 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2012PTC144170. Its GSTIN is 29AACCI8205L1ZA (Karnataka). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.23 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors Suresh Narasimha and Prashanth Ranganathaachar.
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 ₹66.57 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹10.2 Lakh (net margin -15.3%) and EBITDA of -₹3.94 Lakh (EBITDA margin -5.9%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 12% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bonhomia. As per MCA filings, the company has open charges of ₹15 Lakh on record. The company has 11 deals on record (8 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹14.33 Cr; the latest was in September 2019.
Indulge Beverages Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0139264). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bonhomiaworld.com.
Company details
CIN history
Indulge Beverages has one previous CIN (Corporate Identification Number): U74999DL2012PTC230567. The current CIN is U74999KA2012PTC144170, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999KA2012PTC144170 | Current |
| U74999DL2012PTC230567 | Previous |
Recognitions & Rankings of Indulge Beverages
Contact details
Indulge Beverages Private Limited's registered office is in Bangalore, Karnataka. Its website is bonhomiaworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.57 First Flooor 8th Main, Nanjappa Layout, Bangalore, Karnataka, India – 560078
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Indulge Beverages 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
Indulge Beverages operates one associated brand: Bonhomia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gourmet tea and espresso capsules are sold online by Bonhomia. | bonhomiaworld.com |
Financials of Indulge Beverages Private Limited
FY 2025 filings availableIndulge Beverages Private Limited reported revenue of ₹66.57 Lakh (down 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 24% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹66.57 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.2 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.9% | ||||
| Net Profit Margin | -15.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Indulge Beverages Private Limited, buy the company report.
Board of directors of Indulge Beverages Private Limited
Indulge Beverages has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Narasimha Also directs: Cocreate Venture Technology LLP, Campuscocreate Ventures LLP, Campuscocreate Fund Management LLP and 4 more | Director | 21 Sep 2017 | 9 Years 1 Months | Current |
| Prashanth Ranganathaachar Also directs: Justbooks Solutions Private Limited | Director | 16 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Indulge Beverages Private Limited is audited by RATNA & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RATNA & Co | FY 2023 | 260827 |
Shareholding
The shareholding of Indulge Beverages Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indulge Beverages Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2022 | 100537570 | Axis Bank Limited | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Indulge Beverages Private Limited has 11 deals on record (8 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹14.33 Cr; the latest was in September 2019.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Rights issue | ₹1.01 Cr | Investors: Cocreate Ventures, Ramrod Advisors LLP , Tolmolbol.Com Private Limited , an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Bluest Goods & Services Private Limited Seller: an individual |
| Nov 2017 | Funding round | ₹62.9 Lakh | Investors: Ramrod Advisors LLP , Tolmolbol.Com Private Limited , 2 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Valpro Capital, Tolmolbol.Com Private Limited , Kanwaljit Singh Family office Seller: 3 individuals |
| Dec 2016 | Funding round | ₹73.9 Lakh | Investors: Valpro Capital, 3 individuals |
To see the full deal history of Indulge 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
No court or tribunal cases involving Indulge Beverages 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 Indulge Beverages Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indulge Beverages has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI8205L1ZA | Karnataka | Active | 07 Mar 2018 |
To see the full GST registrations and return filing status of Indulge Beverages Private Limited, buy the company report.
Recent activity
Indulge Beverages Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Anand Morzaria ceased to be Director on 12 Mar 2020.
News
Frequently asked questions
Indulge Beverages is an active private limited company based in Bangalore, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 25 January 2012 (14+ years old) and is registered under CIN U74999KA2012PTC144170.
Indulge Beverages has 2 current directors:
- Suresh Narasimha - Director
- Prashanth Ranganathaachar - Director
The latest financial statements of Indulge Beverages 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 Indulge Beverages is 29AACCI8205L1ZA, registered in Karnataka. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Indulge Beverages is U74999KA2012PTC144170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indulge Beverages was incorporated on 25 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Indulge Beverages has 11 deals on record (8 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹14.33 Cr; the latest was in September 2019.
Anand Morzaria ceased to be Director on 12 Mar 2020. Prashanth Ranganathaachar was appointed as Director on 16 Dec 2019. Kunal Bhagat ceased to be Director on 21 Sep 2017. Indulge Beverages has 8 board changes on record in total.
Yes, Indulge Beverages is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0139264).
Indulge Beverages can be reached through the website bonhomiaworld.com. Its registered office is in Bangalore, Karnataka, India.