Octagon Foods LLP - food and beverages in Latur, Maharashtra, India. Directors, charges & compliance details.
LLPIN AAC-0679 Incorporated 10 February 2014 ROC Mumbai HQ Latur, Maharashtra, India
Converted to LLP Limited Liability Partnership food and beverages
Data last updated
Revenue · FY 2022
₹691.96 Cr
Latest filing
Net profit · FY 2022
₹5.65 Cr
Net margin 0.8%
EBITDA · FY 2022
₹6.63 Cr
EBITDA margin 1%
Contribution obligation
₹35.15 Cr
As per LLP agreement
Open charges
₹77.89 Cr
Satisfied ₹80 Cr
LLP age
12 yrs
Est. 2014
Employees · EPFO
7
Provident fund records
Designated partners
6
As per MCA filings

About Octagon Foods LLP

Data last updated:

Octagon Foods LLP was a limited liability partnership (LLP) based in Latur, Maharashtra, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 10 February 2014.

The LLP was registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAC-0679. Its GSTIN is 27AADFO8763F1ZZ (Maharashtra).

The LLP had a total obligation of contribution of ₹35.15 Cr. It was led by designated partners including Krishna Biyani and Kishor Shivraj Varma.

Its latest statement of accounts is for the year ended 31 March 2023. The registered office was at Plot No E – 1 Additional MIDC, Latur, Maharashtra, India – 413531.

As per the financials filed for FY 2022, the LLP reported a revenue of ₹691.96 Cr. For the same year it recorded a net profit of ₹5.65 Cr (net margin 0.8%) and EBITDA of ₹6.63 Cr (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 34% over five years.

The LLP has about 7 employees on its provident fund (EPFO) records.

The LLP is associated with 1 brand: Octagon Foods. As per MCA filings, the LLP has open charges of ₹77.89 Cr and satisfied charges of ₹80 Cr on record. Court records list 16 cases involving the LLP, including 6 filed by the LLP and 10 filed against it; 1 case is pending.

The last known website on record is octagonfoods.co.in.

Company details

LLPIN AAC-0679
Incorporation Date 10 February 2014
Total Obligation of Contribution ₹35.15 Cr
ROC Mumbai
Listing Status Unlisted
Company Status Converted and Dissolved
Date of Last AGM 31 March 2024
Date of Balance Sheet 31 March 2023

Contact details

Octagon Foods LLP's registered office is in Latur, Maharashtra. Its website is octagonfoods.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No E – 1 Additional MIDC, Latur, Maharashtra, India – 413531
  • Industry
    Food and Beverages, Edible Oils & Cooking Fats, Organic & Health Foods

To see the full contact details of Octagon Foods LLP, buy the company report.

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Octagon Foods LLP - one report that includes everything
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  • 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

Octagon Foods operates one associated brand: Octagon Foods. Each brand links to its own profile.

BrandDescriptionWebsite
Agribusiness focused on soya bean solvent extraction and edible oil refining in India.octagonfoods.co.in

Financials of Octagon Foods LLP

FY 2023 filings available

Octagon Foods LLP reported revenue of ₹691.96 Cr for FY 2022.

Revenue · FY 2022
₹691.96 Cr
Net profit · FY 2022
₹5.65 Cr margin 0.8%
EBITDA · FY 2022
₹6.63 Cr margin 1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 14%
5 years · compounded
▲ 34%
EBITDA CAGR growth
3 years · compounded
▼ 56%
5 years · compounded
▲ 62%

Revenue has grown at a compounded annual rate (CAGR) of 34% over five years. 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

Statement of Account and SolvencyFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹5.65 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
Net Profit Margin0.8%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Octagon Foods LLP, buy the company report.

Designated partners of Octagon Foods LLP

Octagon Foods has 6 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Designated Partners (as last reported)
NameDesignationAppointment DateTenureStatus
Krishna BiyaniDesignated Partner29 Dec 20232 Years 10 MonthsAs last reported
Kishor Shivraj VarmaDesignated Partner10 Feb 201412 Years 8 MonthsAs last reported
Sunilkumar Pannalal KalantriDesignated Partner10 Feb 201412 Years 8 MonthsAs last reported
Mukesh Shivraj VarmaDesignated Partner10 Feb 201412 Years 8 MonthsAs last reported
Sachin Sahebrao BhandwalkarDesignated Partner10 Feb 201412 Years 8 MonthsAs last reported
Abhijit Ashok MandhanaDesignated Partner01 Feb 20188 Years 9 MonthsAs last reported

Charges & borrowings

Open charges
₹77.89 Cr
Satisfied charges
₹80 Cr
Breakdown by lending institutions
Kotak Mahindra Bank Limited₹43.26 Cr
Axis Bank Limited₹34.63 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Aug 2022L-100603706Axis Bank Limited₹15 CrOpen
06 Aug 2021L-100482891Axis Bank Limited₹19.63 CrOpen
12 Nov 2020L-100401749Kotak Mahindra Bank Limited₹43.26 CrOpen
16 Jan 2019L-100242909Indusind Bank Ltd₹17 CrSatisfied
16 Nov 2017L-100150356Ecl Finance Limited₹20 CrSatisfied

To see the full charge records of Octagon Foods LLP, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Octagon Foods LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Octagon Foods LLP has a workforce of 7 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1
Employee growth
16.67%

GST

Octagon Foods has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADFO8763F1ZZMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Octagon Foods LLP, buy the company report.

Recent activity

Octagon Foods LLP has 10 designated partner changes on record since 2014: 6 appointments and 4 cessations. The latest: Rahul Pannalal Kalantri ceased to be Designated Partner on 14 Jan 2024.

AGM
Octagon Foods Llp last Annual general meeting of members was held on 31 Mar 2024 as per latest MCA records.
Ceased
Rahul Pannalal Kalantri ceased to be Designated Partner.
Ceased
Dipali Mukesh Varma ceased to be Designated Partner.
Appointed
Krishna Biyani was appointed as Designated Partner.
Ceased
Pannalal Raghunath Kalantri ceased to be Designated Partner.
Filing
Octagon Foods Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge with Kotak Mahindra Bank Limited of Rs. 43.26 Cr registered on 12 Nov 2020 with Charge ID 100401749 was modified on 03 Dec 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100603706 was registered on 26 Aug 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 19.63 Cr with Charge ID 100482891 was registered on 06 Aug 2021.
Charges
A charge registered on 16 Jan 2019 via Charge ID 100242909 with Indusind Bank Ltd was fully satisfied on 18 Jun 2021.
Charges
A charge registered on 05 Oct 2016 via Charge ID 100077616 with Solapur Janata Sahakari Bank Limited was fully satisfied on 18 Dec 2020.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 43.26 Cr with Charge ID 100401749 was registered on 12 Nov 2020.

15 earlier events are in the company report.

Frequently asked questions

Octagon Foods has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.

Octagon Foods was a limited liability partnership based in Latur, Maharashtra, India. The LLP worked in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 10 February 2014 and is registered under LLPIN AAC-0679. For the latest details, refer to the successor company.

The LLPIN (Limited Liability Partnership Identification Number) of Octagon Foods is AAC-0679. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Octagon Foods had 6 designated partners:

Octagon Foods was incorporated on 10 February 2014. It is registered with the Registrar of Companies, Mumbai.

Octagon Foods can be reached through the website octagonfoods.co.in. Its registered office is in Latur, Maharashtra, India.

The registered office of Octagon Foods is at Plot No E – 1 Additional MIDC, Latur, Maharashtra, India – 413531.

The latest financial statements of Octagon Foods on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Octagon Foods is 27AADFO8763F1ZZ, registered in Maharashtra.

Octagon Foods operated in the food and beverages industry, in the edible oils and cooking fats segment.