Risi Spice Industries Private Limited
About Risi Spice Industries Private Limited
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Risi Spice Industries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 12 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15495KA2019PTC125159. Its GSTIN is 29AAJCR6481N1ZG (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Kapur Singh and Jaswanth Singh.
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 No.88 Yelachaguppe Village Tavarekere Magadi Road Bangalore, Karnataka, India – 562130.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.69 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹11.24 Lakh (net margin 1.3%) and EBITDA of ₹19.79 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 280% over three years.
The company has about 28 employees on its provident fund (EPFO) records.
Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 3 cases are pending.
Company details
Contact details
Risi Spice Industries Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.88 Yelachaguppe Village Tavarekere Magadi Road Bangalore, Karnataka, India – 562130
- IndustryFood and Beverages, Spice Manufacturing & Distribution
To see the full contact details of Risi Spice Industries 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 Risi Spice Industries 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 Risi Spice Industries Private Limited, buy the company report.
Financials of Risi Spice Industries Private Limited
FY 2022 filings availableRisi Spice Industries Private Limited reported revenue of ₹8.69 Cr (up 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 280% over three years, including 26% growth in the latest year. EBITDA rose 144% 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 |
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| EBITDA | ₹19.79 Lakh | |||
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| Net Profit (PAT) | ₹11.24 Lakh | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | ||||
| EBITDA Margin | 2.3% | |||
| Net Profit Margin | 1.3% | |||
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To see the full financial statements and ratios of Risi Spice Industries Private Limited, buy the company report.
Board of directors of Risi Spice Industries Private Limited
Risi Spice Industries has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapur Singh | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
| Jaswanth Singh | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Risi Spice Industries Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Spices), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MMB Food Traders Private Limited | ₹9.1 Cr (FY 2025) | 8.0% | Ajmer, Rajasthan, India | |||
| Risi Spice Industries Private Limitedthis company | ₹8.69 Cr (FY 2023) | ₹11.24 Lakh | 1.3% | 26.0% | 28 | Bangalore, Karnataka, India |
| Devka Food Product Pvt Ltd | ₹8.57 Cr (FY 2025) | 1.0% | Nandurbar, Maharashtra, India | |||
| Aniket Food Products Private Limited | ₹8.35 Cr (FY 2024) | -22.0% | Raipur, Chhattisgarh, India | |||
| Divya Spices & Flour Mills India Private Limited | ₹8.27 Cr (FY 2025) | -20.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Risi Spice Industries Private Limited, buy the company report.
Legal cases
Risi Spice Industries Private Limited has 11 court cases on record: 9 filed by Risi Spice Industries, 2 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 3 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S GT India Private Limited | Pending |
| District court, Palwal, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Raisha Creations and Another | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Risi Spice Industries 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
No delayed payments to MSME suppliers are on our record for Risi Spice Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Risi Spice Industries Private Limited has a workforce of 28 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Risi Spice Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCR6481N1ZG | Karnataka | Active | 02 Jul 2019 |
To see the full GST registrations and return filing status of Risi Spice Industries Private Limited, buy the company report.
Recent activity
Risi Spice Industries Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Jaswanth Singh was appointed as Director on 12 Jun 2019.
Frequently asked questions
Risi Spice Industries is an active private limited company based in Bangalore, Karnataka, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 12 June 2019 (7+ years old) and is registered under CIN U15495KA2019PTC125159.
Risi Spice Industries has 2 current directors:
- Kapur Singh - Director
- Jaswanth Singh - Director
The latest financial statements of Risi Spice Industries 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 2020 are in the company report.
The GSTIN of Risi Spice Industries is 29AAJCR6481N1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Risi Spice Industries is U15495KA2019PTC125159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Risi Spice Industries has 11 court cases on record: 9 filed by the company and 2 filed against it. 3 are pending.
Risi Spice Industries was incorporated on 12 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Risi Spice Industries by revenue are MMB Food Traders Private Limited, Devka Food Product Pvt Ltd, Aniket Food Products Private Limited, Divya Spices & Flour Mills India Private Limited, all in the Food and Beverages industry (Spices), with the same principal business activity (food, beverages and tobacco products).
Jaswanth Singh was appointed as Director on 12 Jun 2019. Kapur Singh was appointed as Director on 12 Jun 2019.
The registered office of Risi Spice Industries is at No.88 Yelachaguppe Village Tavarekere Magadi Road Bangalore, Karnataka, India – 562130.
Risi Spice Industries operates in the food and beverages industry, in the spice manufacturing and distribution segment.