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Mad Men Ferments Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹82.5 Lakh
▼ 33% YoY
Net loss · FY 2024
₹36.94 Lakh
Net margin -44.8%
EBITDA · FY 2024
-₹67.86 Lakh
EBITDA margin -82.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹14,340
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Mad Men Ferments Private Limited
Data last updated:
Mad Men Ferments Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 05 January 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15200KA2022PTC156331. Its GSTIN is 29AAPCM3397J1ZM (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹14,340. It is led by directors Akash Devaraju and Noopur Porwal.
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 No. 60 – 70 Ground Floor N S Palya Industrial Area Bannerghatta Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.5 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹36.94 Lakh (net margin -44.8%) and EBITDA of -₹67.86 Lakh (EBITDA margin -82.3%).
The company is associated with 1 brand: Local Ferment Co. The company has 3 deals on record (1 debt financing, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹2.24 Cr; the latest was in April 2023.
Mad Men Ferments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0162082). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website localfermentco.in.
Company details
CIN U15200KA2022PTC156331
Registration Number 156331
Incorporation Date 05 January 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0162082
Key People
Akash Devaraju Director Noopur Porwal Director Recognitions & Rankings of Mad Men Ferments
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0162082
Contact details
Mad Men Ferments Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressNo. 60 – 70 Ground Floor N S Palya Industrial Area Bannerghatta Road, Bangalore, Karnataka, India – 560076
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Mad Men Ferments Private Limited, buy the company report.
Comprehensive company report
Mad Men Ferments 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
Mad Men Ferments operates one associated brand: Local Ferment Co. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multicategory beverages are branded and distributed by Local Ferment Co. | localfermentco.in |
Business activity
The main business activity of Mad Men Ferments is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mad Men Ferments Private Limited, buy the company report.
Financials of Mad Men Ferments Private Limited
FY 2025 filings availableMad Men Ferments Private Limited reported revenue of ₹82.5 Lakh (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹82.5 Lakh ▼ 33%
Net loss · FY 2024
₹36.94 Lakh margin -44.8%
EBITDA · FY 2024
-₹67.86 Lakh margin -82.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
EBITDA CAGR growth
1 year
▲ 23%
Revenue fell 33% in the latest year. EBITDA rose 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹67.86 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹36.94 Lakh | ||
| 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -82.3% | ||
| Net Profit Margin | -44.8% | ||
| 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 Mad Men Ferments Private Limited, buy the company report.
Board of directors of Mad Men Ferments Private Limited
Mad Men Ferments has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Devaraju Also directs: Chefsocial LLP | Director | 05 Jan 2022 | 4 Years 9 Months | Current |
| Noopur Porwal | Director | 23 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Mad Men Ferments Private Limited is audited by N K SATISH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K SATISH | FY 2023 | 023514 |
Shareholding
The shareholding of Mad Men Ferments Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mad Men Ferments Private Limited, buy the company report.
Deals & funding
Mad Men Ferments Private Limited has 3 deals on record (1 debt financing, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹2.24 Cr; the latest was in April 2023.
Total deals
3
Debt financing
1
Funding round
1
Convertible or debt financing
1
Disclosed funding
₹2.24 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Debt financing | Undisclosed | Investors: Ken Capital Technologies Pte Limited |
| Jun 2022 | Funding round | ₹1.44 Cr | Investors: Shreyanto Media Private Limited , 3 individuals |
To see the full deal history of Mad Men Ferments 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 Mad Men Ferments 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 Mad Men Ferments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mad Men Ferments Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
Active EPFO establishments
1
GST
Mad Men Ferments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCM3397J1ZM | Karnataka | Active | 14 Jun 2022 |
To see the full GST registrations and return filing status of Mad Men Ferments Private Limited, buy the company report.
Recent activity
Mad Men Ferments Private Limited has 6 board changes on record since 2022: 4 appointments and 2 cessations. The latest: John Zachariah ceased to be Director on 23 Feb 2022.
AGM
Mad Men Ferments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mad Men Ferments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
John Zachariah ceased to be Director.
Ceased
Narasimha Prasad ceased to be Director.
Appointed
Noopur Porwal was appointed as Director.
Appointed
Akash Devaraju was appointed as Director.
Appointed
John Zachariah was appointed as Director.
Appointed
Narasimha Prasad was appointed as Director.
Incorporation
05 Jan 2022
Mad Men Ferments Private Limited was registered on 05 Jan 2022 with Roc Bangalore & aged 4 years 9 months as per MCA records.
Frequently asked questions
Mad Men Ferments is an active private limited company based in Bangalore, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 05 January 2022 (4+ years old) and is registered under CIN U15200KA2022PTC156331.
Mad Men Ferments has 2 current directors:
- Akash Devaraju - Director
- Noopur Porwal - Director
The latest financial statements of Mad Men Ferments 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 FY 2022 are in the company report.
The GSTIN of Mad Men Ferments is 29AAPCM3397J1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Mad Men Ferments is U15200KA2022PTC156331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mad Men Ferments was incorporated on 05 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Mad Men Ferments has 3 deals on record (1 debt financing, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹2.24 Cr; the latest was in April 2023.
John Zachariah ceased to be Director on 23 Feb 2022. Narasimha Prasad ceased to be Director on 23 Feb 2022. Noopur Porwal was appointed as Director on 23 Feb 2022. Mad Men Ferments has 6 board changes on record in total.
Yes, Mad Men Ferments is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mad Men Ferments is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0162082).
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