About Pickit Gourmet Private Limited
Data last updated:
Pickit Gourmet Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 17 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U68200KA2016PTC087013. Its GSTIN is 29AAICP5465F1Z2 (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.51 Cr. It is led by directors including Supriya Suresh Babu and Rama Reddy Gopal Reddy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 46/Aconcordegroup 1 Stmain 3 Rdphase Jpnagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.6 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹1.29 Cr (net margin -80.7%) and EBITDA of -₹48.39 Lakh (EBITDA margin -30.2%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 17% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.33 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pickitsnacks.com.
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- Social Media
- Registered Address46/Aconcordegroup 1 Stmain 3 Rdphase Jpnagar, Bangalore, Karnataka, India – 560078
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
- 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
Business Activity of Pickit Gourmet Private Limited
The main business activity of Pickit Gourmet is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | 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
Verified entity values are shown only after access is granted.
Financials of Pickit Gourmet Private Limited FY 2024 filings available
Pickit Gourmet Private Limited reported revenue of ₹1.6 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Pickit Gourmet Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 36% fall in the latest year. EBITDA fell 193% 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 of Pickit Gourmet Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹48.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.29 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 of Pickit Gourmet Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -80.7% | •••• | •••• | •••• | •••• |
| 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 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 Pickit Gourmet are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Pickit Gourmet Private Limited
Pickit Gourmet has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Supriya Suresh Babu Also directs: Gullab Sevaa Foundation | Director | 16 Aug 2016 | 10 Years 1 Months | Current |
| Rama Reddy Gopal Reddy Also directs: Concorde Techno Park LLP | Director | 17 Mar 2016 | 10 Years 6 Months | Current |
| Ramsagara Gopal Reddy Anil Also directs: Concorde Homes India LLP, Concorde Ezpropbuy Infra LLP, Concorde Shelters . LLP and 5 more | Director | 17 Mar 2016 | 10 Years 6 Months | Current |
| Sunil Gopalreddy Ramasagara Also directs: Concorde Homes India LLP, Concorde Ezpropbuy Infra LLP, Concorde Shelters . LLP and 5 more | Director | 17 Mar 2016 | 10 Years 6 Months | Current |
| Grishma Ramana Prasad Reddy | Director | 16 Aug 2016 | 10 Years 1 Months | Current |
Charges & Borrowings of Pickit Gourmet Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2022 | Others | ₹13.6 Lakh | Open |
| 11 Aug 2021 | Karnataka State Financial Corporation | ₹3 Cr | Open |
| 11 Aug 2021 | Others | ₹4.54 Lakh | Open |
| 11 Aug 2021 | Others | ₹15.2 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Pickit Gourmet Private Limited
Employment history and EPFO contributions of people linked to Pickit Gourmet.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Pickit Gourmet Private Limited
Pickit Gourmet has one previous CIN (Corporate Identification Number): U15316KA2016PTC087013. The current CIN is U68200KA2016PTC087013, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68200KA2016PTC087013 | Current |
| U15316KA2016PTC087013 | Previous |
Recent Activity on Pickit Gourmet Private Limited
Pickit Gourmet Private Limited has 10 board changes on record since 2016: 5 appointments and 5 cessations. The latest: Grishma Ramana Prasad Reddy ceased to be Additional Director on 30 Sep 2017.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pickit Gourmet Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pickit Gourmet Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pickit Gourmet Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pickit Gourmet Private Limited
Pickit Gourmet has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP5465F1Z2 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pickit Gourmet Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pickit Gourmet Private Limited
Pickit Gourmet is an active private limited company based in Bangalore, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 17 March 2016 (10+ years old) and is registered under CIN U68200KA2016PTC087013.
Pickit Gourmet reported revenue of ₹1.6 Cr for FY 2024 (down 36% YoY).
Pickit Gourmet has 5 current directors:
- Supriya Suresh Babu - Director
- Rama Reddy Gopal Reddy - Director
- Ramsagara Gopal Reddy Anil - Director
- Sunil Gopalreddy Ramasagara - Director
- Grishma Ramana Prasad Reddy - Director
Pickit Gourmet reported a net loss of ₹1.29 Cr (net margin -80.7%) and EBITDA of -₹48.39 Lakh (EBITDA margin -30.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pickit Gourmet is -51% over three years and -17% over five years. In the latest year (FY 2024) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pickit Gourmet is 29AAICP5465F1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Pickit Gourmet is U68200KA2016PTC087013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pickit Gourmet was incorporated on 17 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Grishma Ramana Prasad Reddy ceased to be Additional Director on 30 Sep 2017. Supriya Suresh Babu ceased to be Additional Director on 30 Sep 2017. Grishma Ramana Prasad Reddy was appointed as Director on 16 Aug 2016. Pickit Gourmet has 10 board changes on record in total.
Yes, Pickit Gourmet is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).