About Middleby Celfrost Innovations Private Limited
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Middleby Celfrost Innovations Private Limited is a foreign private limited company based in Anekal, Karnataka, India, a subsidiary of Middleby Europe S.L.. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 03 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29248KA2013FTC071268. Its GSTIN is 29AAICM8445J1ZU (Karnataka). The company holds 16 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹2.34 Cr and a paid-up capital of ₹2.34 Cr. It was formerly known as Middleby Commercial Food Innovations Private Limited. It is led by directors including Balaji Subramaniam and Michael Dennis Thompson.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Anekal, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹327.6 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹17.41 Cr (net margin 5.3%) and EBITDA of ₹23.6 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 141 employees on its provident fund (EPFO) records.
Court records list 26 cases involving the company, including 21 filed by the company and 5 filed against it; 12 cases are pending. The company has 4 deals on record (3 rights issues, 1 convertible or debt financing), with disclosed funding of ₹1.08 Cr; the latest was in December 2015. Its 3 peer companies in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Pitney Bowes India Private Limited with revenue of ₹379.86 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2024, listing 17 overdue payments to 11 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 middlebycelfrost.com.
Company details
Contact details
Middleby Celfrost Innovations Private Limited's registered office is in Anekal, Karnataka. Its website is middlebycelfrost.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 75/6 Haragadde Village, Jigani Hobli, Anekal, Karnataka, India – 562106
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Middleby Celfrost Innovations 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
Business activity
The main business activity of Middleby Celfrost Innovations 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 Middleby Celfrost Innovations Private Limited, buy the company report.
Financials of Middleby Celfrost Innovations Private Limited
FY 2024 filings availableMiddleby Celfrost Innovations Private Limited reported revenue of ₹327.6 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 23% growth in the latest year. EBITDA rose 154% 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 |
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| EBITDA | ₹23.6 Cr | ||||
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| Net Profit (PAT) | ₹17.41 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Middleby Celfrost Innovations Private Limited, buy the company report.
Board of directors of Middleby Celfrost Innovations Private Limited
Middleby Celfrost Innovations has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Subramaniam Also directs: Middleby India Engineering Private Limited | Director | 26 Mar 2018 | 8 Years 7 Months | Current |
| Michael Dennis Thompson Also directs: Middleby India Engineering Private Limited | Director | 14 Sep 2023 | 3 Years 1 Months | Current |
| Bryan Eric Mittelman Also directs: Middleby India Engineering Private Limited | Director | 05 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Middleby Celfrost Innovations Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pitney Bowes India Private Limited | ₹379.86 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Ind Aust Maritime Private Limited | ₹364.99 Cr (FY 2025) | -6.0% | Thane, Maharashtra, India | |||
| Middleby Celfrost Innovations Private Limitedthis company | ₹327.6 Cr (FY 2025) | ₹17.41 Cr | 5.3% | 23.0% | 141 | Anekal, Karnataka, India |
| Gebr.Pfeiffer (India) Private Limited. | ₹310.88 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Middleby Celfrost Innovations Private Limited, buy the company report.
Auditor
Middleby Celfrost Innovations Private Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Middleby Celfrost Innovations 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 Middleby Celfrost Innovations Private Limited, buy the company report.
Deals & funding
Middleby Celfrost Innovations Private Limited has 4 deals on record (3 rights issues, 1 convertible or debt financing), with disclosed funding of ₹1.08 Cr; the latest was in December 2015.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2015 | Rights issue | ₹4.33 Cr | Investors: Middleby Worldwide Inc, an individual |
| Jun 2014 | Rights issue | ₹24.97 Cr | Investors: Middleby Worldwide Inc, an individual |
| Mar 2014 | Rights issue | ₹24.58 Cr | Investors: Middleby Worldwide Inc, an individual |
To see the full deal history of Middleby Celfrost Innovations 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
Middleby Celfrost Innovations Private Limited has 26 court cases on record: 21 filed by Middleby Celfrost Innovations, 5 filed against it. 12 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 4 | 12 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed by the company against M/S Absolute RG Equipments Pvt Ltd and Ors Through Its Managing Director | Pending |
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed by the company against M/S Piccadily Hotels Pvt. Ltd and Ors | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against M/S.Pancard Clubs Limited and 6 others | Pending |
| District court, New Delhi, Delhi | Court case (T P (CRL)) | Filed by the company against Aqua Thermocare Cooling Technologies Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against M/S.Pancard Clubs Limited and 3 others | Disposed |
To see the full case history of Middleby Celfrost Innovations 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.
MSME payment delays
Middleby Celfrost Innovations Private Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 17 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Aabiport Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Middleby Celfrost Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Middleby Celfrost Innovations Private Limited has a workforce of 141 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Middleby Celfrost Innovations has 16 GST registrations: 8 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICM8445J1ZU | Karnataka | Active | 01 Jul 2017 |
| 06AAICM8445J1Z2 | Haryana | Active | 01 Jul 2017 |
| 19AAICM8445J1ZV | West Bengal | Active | 01 Jul 2017 |
| 24AAICM8445J1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Middleby Celfrost Innovations Private Limited, buy the company report.
Recent activity
Middleby Celfrost Innovations Private Limited has 11 board changes on record since 2017: 3 appointments and 8 cessations. The latest: Bryan Eric Mittelman ceased to be Additional Director on 29 Dec 2024.
2 earlier events are in the company report.
Frequently asked questions
Middleby Celfrost Innovations is an active foreign private limited company based in Anekal, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 03 October 2013 (13+ years old) and is registered under CIN U29248KA2013FTC071268.
Middleby Celfrost Innovations has 3 current directors:
- Balaji Subramaniam - Director
- Michael Dennis Thompson - Director
- Bryan Eric Mittelman - Director
The latest financial statements of Middleby Celfrost Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Middleby Celfrost Innovations is 29AAICM8445J1ZU, registered in Karnataka. The company has 16 GST registrations in all, of which 8 are active and 8 are cancelled or inactive. Other active GSTINs include 06AAICM8445J1Z2 (Haryana), 19AAICM8445J1ZV (West Bengal), 24AAICM8445J1Z4 (Gujarat).
The CIN (Corporate Identification Number) of Middleby Celfrost Innovations is U29248KA2013FTC071268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Middleby Celfrost Innovations has 26 court cases on record: 21 filed by the company and 5 filed against it. 12 are pending. Most are in the district courts.
Middleby Celfrost Innovations was incorporated on 03 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Middleby Celfrost Innovations has 4 deals on record (3 rights issues, 1 convertible or debt financing), with disclosed funding of ₹1.08 Cr; the latest was in December 2015.
The peers of Middleby Celfrost Innovations by revenue are Pitney Bowes India Private Limited, Ind Aust Maritime Private Limited, Gebr.Pfeiffer (India) Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Bryan Eric Mittelman ceased to be Additional Director on 29 Dec 2024. Martin Mckay Lindsay ceased to be Director on 27 Nov 2023. Timothy John Fitzgerald ceased to be Director on 27 Nov 2023. Middleby Celfrost Innovations has 11 board changes on record in total.
Middleby Celfrost Innovations has 5 MSME Form 1 returns on record between 2019 and 2024, listing 17 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Middleby Celfrost Innovations can be reached through the website middlebycelfrost.com. Its registered office is in Anekal, Karnataka, India.
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