MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-17-0009198
Karnataka Spices Private Limited
Karnataka Spices Private Limited - food and beverages in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹33.68 Lakh
▼ 39% YoY
Net loss · FY 2021
₹15.08 Lakh
Net margin -44.8%
EBITDA · FY 2021
-₹2.23 Lakh
EBITDA margin -6.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹48.43 Lakh
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
About Karnataka Spices Private Limited
Data last updated:
Karnataka Spices Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 24 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15495KA2008PTC047845. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.43 Lakh. It is led by directors including Mohammadgouse Gulmi (Managing Director) and Dadakhalandar Abdulrahman Gulmi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Cts Ward No – 1 Jayachamaraj Nagar, Hubli, Karnataka, India – 580029.
As per the financials filed for FY 2021, the company reported a revenue of ₹33.68 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹15.08 Lakh (net margin -44.8%) and EBITDA of -₹2.23 Lakh (EBITDA margin -6.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
As per MCA filings, the company has satisfied charges of ₹1 Cr on record.
Karnataka Spices Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-17-0009198). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15495KA2008PTC047845
Registration Number 047845
Incorporation Date 24 September 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-17-0009198
Key People
Mohammadgouse Gulmi Managing Director Mohammedshafi Abdulraheem Phaniband Additional Director Dadakhalandar Abdulrahman Gulmi Director Recognitions & Rankings of Karnataka Spices
Contact details
Karnataka Spices Private Limited's registered office is in Hubli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts Ward No – 1 Jayachamaraj Nagar, Hubli, Karnataka, India – 580029
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Karnataka Spices Private Limited, buy the company report.
Comprehensive company report
Karnataka Spices 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Karnataka Spices is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Karnataka Spices Private Limited, buy the company report.
Financials of Karnataka Spices Private Limited
FY 2021 filings availableKarnataka Spices Private Limited reported revenue of ₹33.68 Lakh (down 39% YoY) for FY 2021.
Revenue · FY 2021
₹33.68 Lakh ▼ 39%
Net loss · FY 2021
₹15.08 Lakh margin -44.8%
EBITDA · FY 2021
-₹2.23 Lakh margin -6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 10%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 111%
3 years · compounded
▼ 30%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 39% fall in the latest year. EBITDA fell 111% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹2.23 Lakh | ||||
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| Net Profit (PAT) | -₹15.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -6.6% | ||||
| Net Profit Margin | -44.8% | ||||
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To see the full financial statements and ratios of Karnataka Spices Private Limited, buy the company report.
Board of directors of Karnataka Spices Private Limited
Karnataka Spices has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammedshafi Abdulraheem Phaniband | Additional Director | 07 Sep 2022 | 4 Years 1 Months | Current |
| Mohammadgouse Gulmi Also directs: D.R.Gulmi Cold Storage Private Limited, Southindia Food Products Private Limited, Al-Meezan's Spices Private Limited and 1 more | Managing Director | 13 Mar 2019 | 7 Years 7 Months | Current |
| Dadakhalandar Abdulrahman Gulmi Also directs: D.R.Gulmi Cold Storage Private Limited | Director | 13 Mar 2019 | 7 Years 7 Months | Current |
Shareholding
The shareholding of Karnataka Spices Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karnataka Spices Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2009 | 10177627 | Union Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Karnataka Spices Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Karnataka Spices 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 Karnataka Spices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karnataka Spices has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Karnataka Spices Private Limited, buy the company report.
Recent activity
Karnataka Spices Private Limited has 11 board changes on record since 2016: 3 appointments and 8 cessations. The latest: Mohammedshafi Abdulraheem Phaniband was appointed as Additional Director on 07 Sep 2022.
Appointed
Mohammedshafi Abdulraheem Phaniband was appointed as Additional Director.
AGM
Karnataka Spices Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Karnataka Spices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Dadakhalandar Abdulrahman Gulmi ceased to be Additional Director.
Ceased
Mohammadgouse Gulmi ceased to be Managing Director.
Charges
A charge registered on 18 Aug 2009 via Charge ID 10177627 with Union Bank Of India was fully satisfied on 14 Mar 2019.
Appointed
Dadakhalandar Abdulrahman Gulmi was appointed as Director.
Appointed
Mohammadgouse Gulmi was appointed as Managing Director.
Ceased
Netyam Narendra ceased to be Additional Director.
Ceased
Ramamohan Gaduputi ceased to be Additional Director.
Ceased
Arumalla Ravishankar Reddy ceased to be Director.
Ceased
Kandadi Kalidas Reddy ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Karnataka Spices is an active private limited company based in Hubli, Karnataka, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 24 September 2008 (18+ years old) and is registered under CIN U15495KA2008PTC047845.
Karnataka Spices has 3 current directors:
- Mohammadgouse Gulmi - Managing Director
- Mohammedshafi Abdulraheem Phaniband - Additional Director
- Dadakhalandar Abdulrahman Gulmi - Director
The latest financial statements of Karnataka Spices on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Karnataka Spices has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Karnataka Spices is U15495KA2008PTC047845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnataka Spices was incorporated on 24 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Mohammedshafi Abdulraheem Phaniband was appointed as Additional Director on 07 Sep 2022. Dadakhalandar Abdulrahman Gulmi ceased to be Additional Director on 30 Sep 2019. Mohammadgouse Gulmi ceased to be Managing Director on 29 Sep 2019. Karnataka Spices has 11 board changes on record in total.
Yes, Karnataka Spices is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-17-0009198).
The registered office of Karnataka Spices is at Cts Ward No – 1 Jayachamaraj Nagar, Hubli, Karnataka, India – 580029.
Karnataka Spices operates in the food and beverages industry, in the food and beverage retail and distribution segment.