MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0028664
Multigrain Food Private Limited - food and beverages in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹99.31 Cr
▼ 3% YoY
Net profit · FY 2025
₹1.68 Cr
Net margin 1.7%
EBITDA · FY 2025
₹5.39 Cr
EBITDA margin 5.4%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.9 Cr
Issued & subscribed
Open charges
₹41 Cr
Satisfied ₹7.39 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
459
Provident fund records
About Multigrain Food Private Limited
Data last updated:
Multigrain Food Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 30 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15316GJ2012PTC069680. Its GSTIN is 24AAHCM8362R1ZP (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.9 Cr. It is led by directors including Atulkumar Babulal Vekariya (Managing Director) and Chetan Popatbhai Pansuria.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.31 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 1.7%) and EBITDA of ₹5.39 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company has about 459 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Atul Bakery. As per MCA filings, the company has open charges of ₹41 Cr and satisfied charges of ₹7.39 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 8 deals on record (4 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹97.9 Lakh; the latest was in September 2023. Its 8 peer companies in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 5 smaller; the largest is G.L. & Sons (M & P) Private Limited with revenue of ₹102.65 Cr.
Multigrain Food Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0028664). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atulbakery.com.
Company details
CIN U15316GJ2012PTC069680
Registration Number 069680
Incorporation Date 30 March 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0028664
Key People
Atulkumar Babulal Vekariya Managing Director Chetan Popatbhai Pansuria Director Ashokkumar Babulal Vekariya Director Recognitions & Rankings of Multigrain Food
Contact details
Multigrain Food Private Limited's registered office is in Surat, Gujarat. Its website is atulbakery.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.131 – 132 Bhatpore GIDC Atul Bakery Ichchapore Village:Bhatpore Tal. Chory, Asi, Surat, Gujarat, India – 394510
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Multigrain Food Private Limited, buy the company report.
Comprehensive company report
Multigrain Food 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
Multigrain Food operates one associated brand: Atul Bakery. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers freshly baked cakes, pastries, snacks, and exports through retail outlets worldwide. | atulbakery.com |
Business activity
The main business activity of Multigrain Food 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 Multigrain Food Private Limited, buy the company report.
Financials of Multigrain Food Private Limited
FY 2025 filings availableMultigrain Food Private Limited reported revenue of ₹99.31 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹99.31 Cr ▼ 3%
Net profit · FY 2025
₹1.68 Cr margin 1.7%
EBITDA · FY 2025
₹5.39 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 7%
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 23% 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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| Total Expenses | |||||
| EBITDA | ₹5.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.68 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Multigrain Food Private Limited, buy the company report.
Board of directors of Multigrain Food Private Limited
Multigrain Food has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atulkumar Babulal Vekariya Also directs: Abv Corporation LLP, Dairyline Food Private Limited | Managing Director | 30 Mar 2012 | 14 Years 7 Months | Current |
| Chetan Popatbhai Pansuria Also directs: Dairyline Food Private Limited | Director | 30 Mar 2012 | 14 Years 7 Months | Current |
| Ashokkumar Babulal Vekariya Also directs: Dairyline Food Private Limited | Director | 30 Mar 2012 | 14 Years 7 Months | Current |
| Ramesh Babulal Vekariya | Director | 30 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
Multigrain Food Private Limited is compared with the 8 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products), 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 |
|---|---|---|---|---|---|---|
| G.L. & Sons (M & P) Private Limited | ₹102.65 Cr (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| Devarpan Foods Private Limited | ₹101.34 Cr (FY 2025) | 7.0% | Delhi, India | |||
| Global Energyfood Industries Private Limited | ₹101.06 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Multigrain Food Private Limitedthis company | ₹99.31 Cr (FY 2025) | ₹1.68 Cr | 1.7% | -3.0% | 459 | Surat, Gujarat, India |
| Rasrasna Foods Private Limited | ₹98.69 Cr (FY 2024) | 13.0% | Bikaner, Rajasthan, India | |||
| Naughty Foods Private Limited | ₹98.58 Cr (FY 2025) | 4.0% | Indore, Madhya Pradesh, India | |||
| Khalsa Nutritious India Private Limited | ₹98.09 Cr (FY 2025) | -12.0% | Indore, Madhya Pradesh, India | |||
| Heemankshi Bakers Private Limited | ₹95.59 Cr (FY 2024) | 3.0% | Hyderabad, Telangana, India | |||
| Mcrennett Foods Private Limited | ₹93.18 Cr (FY 2025) | 116.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Multigrain Food Private Limited, buy the company report.
Auditor
Multigrain Food Private Limited is audited by RAJESH ROHIT & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH ROHIT & CO | FY 2025 | 128746W |
Shareholding
The shareholding of Multigrain Food Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Multigrain Food Private Limited, buy the company report.
Charges & borrowings
Open charges
₹41 Cr
Satisfied charges
₹7.39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2026 | 101248278 | Hdfc Bank Limited | ₹16.81 Lakh | Open | |
| 29 Dec 2025 | 101207187 | Hdfc Bank Limited | ₹26.2 Lakh | Open | |
| 19 Jul 2025 | 101128762 | Hdfc Bank Limited | ₹8.42 Lakh | Open | |
| 24 Feb 2025 | 101053240 | Hdfc Bank Limited | ₹25.1 Lakh | Open | |
| 12 Sep 2024 | 100973487 | Hdfc Bank Limited | ₹9.65 Lakh | Open |
To see the full charge records of Multigrain Food Private Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Multigrain Food Private Limited has 8 deals on record (4 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹97.9 Lakh; the latest was in September 2023.
Total deals
8
Secondary share transfers
4
Rights issues
3
Funding round
1
Disclosed funding
₹97.9 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2019 | Rights issue | ₹59.9 Lakh | Investors: 4 individuals |
To see the full deal history of Multigrain Food 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
Multigrain Food Private Limited has 3 court cases on record: 1 filed by Multigrain Food, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Motor accident claim | Filed against the company by individuals | Disposed |
| District court, Navsari, Gujarat | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (SMCST) | Filed by the company against an individual | Disposed |
To see the full case history of Multigrain Food 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 Multigrain Food Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Multigrain Food Private Limited has a workforce of 459 employees on its EPFO records as of Jan 14, 2026, across 1 active EPFO establishment.
Employee count
459
Active EPFO establishments
1
Employee growth
-2.13%
GST
Multigrain Food has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCM8362R1ZP | Gujarat | Active | 01 Jul 2017 |
| 24AAHCM8362R3ZN | Gujarat | Active | 06 Dec 2023 |
To see the full GST registrations and return filing status of Multigrain Food Private Limited, buy the company report.
Recent activity
Multigrain Food Private Limited has 14 board changes on record since 2012: 8 appointments and 6 cessations. The latest: Atulkumar Babulal Vekariya ceased to be Director on 31 Aug 2025.
Charges
A charge with Others of Rs. 37.51 Cr registered on 06 May 2016 with Charge ID 100028701 was modified on 01 Oct 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 101248278 was registered on 06 Mar 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 101207187 was registered on 29 Dec 2025.
AGM
Multigrain Food Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Atulkumar Babulal Vekariya ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101128762 was registered on 19 Jul 2025.
Ceased
Dhruval Atulkumar Vekariya ceased to be Director.
Ceased
Jalpa Chetan Pansuriya ceased to be Director.
Ceased
Nevil Ashokbhai Vekariya ceased to be Director.
Ceased
Sagarkumar Rameshbhai Vekariya ceased to be Director.
Filing
Multigrain Food Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 101053240 was registered on 24 Feb 2025.
44 earlier events are in the company report.
Frequently asked questions
Multigrain Food is an active private limited company based in Surat, Gujarat, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 30 March 2012 (14+ years old) and is registered under CIN U15316GJ2012PTC069680.
Multigrain Food has 4 current directors:
- Atulkumar Babulal Vekariya - Managing Director
- Chetan Popatbhai Pansuria - Director
- Ashokkumar Babulal Vekariya - Director
- Ramesh Babulal Vekariya - Director
The latest financial statements of Multigrain Food 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 2015 are in the company report.
The GSTIN of Multigrain Food is 24AAHCM8362R1ZP, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAHCM8362R3ZN (Gujarat).
The CIN (Corporate Identification Number) of Multigrain Food is U15316GJ2012PTC069680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multigrain Food has 3 court cases on record: 1 filed by the company and 2 filed against it.
Multigrain Food was incorporated on 30 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Multigrain Food has 8 deals on record (4 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹97.9 Lakh; the latest was in September 2023.
The peers of Multigrain Food by revenue are G.L. & Sons (M & P) Private Limited, Devarpan Foods Private Limited, Global Energyfood Industries Private Limited, Rasrasna Foods Private Limited, Naughty Foods Private Limited and 3 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Atulkumar Babulal Vekariya ceased to be Director on 31 Aug 2025. Dhruval Atulkumar Vekariya ceased to be Director on 10 Jun 2025. Jalpa Chetan Pansuriya ceased to be Director on 10 Jun 2025. Multigrain Food has 14 board changes on record in total.
Yes, Multigrain Food is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0028664).