- Udyam number
- UDYAM-DL-03-0018252

About Ecso Global Private Limited
Data last updated:
Ecso Global Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 15 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2016PTC301380. Its GSTIN is 07AAECE3035E1Z3 (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹14.1 Lakh and a paid-up capital of ₹3.32 Lakh. It is led by directors Prateek Rawat and Agam Khare.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 4th Floor Statesman House Barakhamba Road Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2022, the company reported a revenue of ₹361.52 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹37.39 Cr (net margin -10.3%) and EBITDA of -₹35.72 Cr (EBITDA margin -9.9%). Revenue has grown at a compounded annual rate (CAGR) of 355% over five years.
The company has about 410 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Absolute. As per MCA filings, the company has open charges of ₹114.25 Cr and satisfied charges of ₹15 Cr on record. Court records list 94 cases involving the company, including 89 filed by the company and 5 filed against it; 72 cases are pending. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹627.87 Cr; the latest was in February 2022. The company has 8 MSME Form 1 returns on record between 2022 and 2024, listing 41 overdue payments to 14 micro and small suppliers.
Ecso Global Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-03-0018252). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website absolutefoods.in.
Recognitions & Rankings of Ecso Global
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address4th Floor Statesman House Barakhamba Road Connaught Place, New Delhi, Delhi, India – 110001
- IndustryLife Sciences, Biotechnology
- 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
- One PDF report, delivered after checkout
Associated Brands
Ecso Global operates one associated brand: Absolute. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Biological technologies are developed for agriculture, healthcare, and materials science. | absolute.ag |
Business Activity
The main business activities of Ecso Global are agriculture, forestry, fishing and trade. In detail, this covers production of crops and animals and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Ecso Global Private Limited
FY 2022 filings availableEcso Global Private Limited reported revenue of ₹361.52 Cr (up 1170% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 355% over five years. EBITDA fell 800% 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 2021-22 | FY 2017-18 to FY 2020-21in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹361.52 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹35.72 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹37.39 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 2021-22 | FY 2017-18 to FY 2020-21in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -9.9% | |
| Net Profit Margin | -10.3% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2017-18 to FY 2020-21, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ecso Global are in the company report.
: available in the company report
Board of Directors of Ecso Global Private Limited
Ecso Global has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Rawat Also directs: Inera Cropscience Private Limited, Upaj AI Solutions Private Limited, Grow Well Organic and Eco Products Private Limited and 3 more | Director | 04 Feb 2019 | 7 Years 8 Months | Current |
| Agam Khare Also directs: Inera Cropscience Private Limited, Upaj AI Solutions Private Limited, Grow Well Organic and Eco Products Private Limited and 3 more | Director | 15 Jun 2016 | 10 Years 4 Months | Current |
Auditor Details
Ecso Global Private Limited is audited by S.R.BATLIBOI & CO. LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R.BATLIBOI & CO. LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2024 | Others | ₹7.5 Cr | Open |
| 30 Jun 2023 | Citi Bank N.A. | ₹17.5 Cr | Open |
| 29 Mar 2023 | Others | ₹17.5 Cr | Open |
| 09 Mar 2023 | The Hongkong and Shanghai Banking Corporation Limited | ₹71.75 Cr | Open |
| 25 Oct 2024 | Others | ₹15 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding
Ecso Global Private Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹627.87 Cr; the latest was in February 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Funding round · Series B | ₹508.99 Cr | Investors: Alpha Wave Global, Tiger Global, Peak XV Partners (Sequoia India and SEA) |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Alpha Wave Global Seller: 2 individuals |
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: Peak XV Partners (Sequoia India and SEA), Surge Seller: Indigram Labs Foundation |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Peak XV Partners (Sequoia India and SEA), Alpha Wave Global, Surge Seller: Vevek Venture Investments Private Limited , Triple AP Investments Private Limited |
| Aug 2019 | Funding round | ₹10 Lakh | Investors: Indigram Labs Foundation |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Ecso Global Private Limited has 94 court cases on record: 89 filed by Ecso Global, 5 filed against it. 72 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 92 | 5 | 72 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 94)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by M/S SPL Payroll Outsourcing Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Moguire Virago Pvt Ltd and Ors and 2 others | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by SPL Payroll Outsourcing P Ltd | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by M/S Ipl Biologicals Limited | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S Lail Spices | Pending |
: available in 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
Ecso Global Private Limited has 8 MSME Form 1 returns on record between 2022 and 2024, listing 41 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Growit India Private Limited | •••• | •••• | •••• |
| Spark Scientific Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Neeshu Marking and Coding Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Ecso Global Private Limited has a workforce of 410 employees as of Apr 09, 2024.
: available in the company report
Recent Activity
Ecso Global Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Rajendra Kumar Rawat ceased to be Director on 02 Jul 2019.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Ecso Global has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECE3035E1Z3 | Delhi | Active | 01 Jul 2017 |
| 06AAECE3035E1Z5 | Haryana | Active | 01 Apr 2020 |
| 09AAECE3035E1ZZ | Uttar Pradesh | Active | 01 Nov 2022 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Ecso Global is an active private limited company based in New Delhi, Delhi, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 15 June 2016 (10+ years old) and is registered under CIN U51909DL2016PTC301380.
Ecso Global has 2 current directors:
- Prateek Rawat - Director
- Agam Khare - Director
The latest financial statements of Ecso Global on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Ecso Global is 07AAECE3035E1Z3, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAECE3035E1Z5 (Haryana), 09AAECE3035E1ZZ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ecso Global is U51909DL2016PTC301380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ecso Global has 94 court cases on record: 89 filed by the company and 5 filed against it. 72 are pending. Most are in the district courts.
Ecso Global was incorporated on 15 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Ecso Global has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹627.87 Cr; the latest was in February 2022.
Rajendra Kumar Rawat ceased to be Director on 02 Jul 2019. Prateek Rawat was appointed as Director on 04 Feb 2019. Agam Khare was appointed as Director on 15 Jun 2016.
Yes, Ecso Global is registered as an MSME under Udyam registration (number: UDYAM-DL-03-0018252).
Ecso Global has 8 MSME Form 1 returns on record between 2022 and 2024, listing 41 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Apr 2024.