Pickit Gourmet Private Limited

Pickit Gourmet Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U68200KA2016PTC087013 Incorporated 17 March 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company food and beverages MSME · Small
Data last updated
Revenue · FY 2024
₹1.6 Cr
▼ 36% YoY
Net loss · FY 2024
₹1.29 Cr
Net margin -80.7%
EBITDA · FY 2024
-₹48.39 Lakh
EBITDA margin -30.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.51 Cr
Issued & subscribed
Open charges
₹3.33 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
12
Provident fund records

About Pickit Gourmet Private Limited

Data last updated:

Pickit Gourmet Private Limited is a private limited company based in Bangalore, Karnataka, India. 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. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.

Pickit Gourmet Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0063871). 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.

Company details

CIN U68200KA2016PTC087013
Registration Number 087013
Incorporation Date 17 March 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0063871

CIN history

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.

CINStatus
U68200KA2016PTC087013Current
U15316KA2016PTC087013Previous

Recognitions & Rankings of Pickit Gourmet

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0063871

Contact details

Pickit Gourmet Private Limited's registered office is in Bangalore, Karnataka.

  • Social Media
  • Registered Address
    46/Aconcordegroup 1 Stmain 3 Rdphase Jpnagar, Bangalore, Karnataka, India – 560078
  • Industry
    Food and Beverages, Instant & Ready-to-Eat Foods
Comprehensive company report
Pickit Gourmet Private Limited - 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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Business activity

The main business activity of Pickit Gourmet is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Pickit Gourmet Private Limited, buy the company report.

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.

Revenue · FY 2024
₹1.6 Cr ▼ 36%
Net loss · FY 2024
₹1.29 Cr margin -80.7%
EBITDA · FY 2024
-₹48.39 Lakh margin -30.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 51%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 193%
3 years · compounded
▲ 40%
5 years · compounded
▲ 15%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

To see the full financial statements and ratios of Pickit Gourmet Private Limited, buy the company report.

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Supriya Suresh BabuDirector16 Aug 201610 Years 2 MonthsCurrent
Rama Reddy Gopal ReddyDirector17 Mar 201610 Years 7 MonthsCurrent
Ramsagara Gopal Reddy AnilDirector17 Mar 201610 Years 7 MonthsCurrent
Sunil Gopalreddy RamasagaraDirector17 Mar 201610 Years 7 MonthsCurrent
Grishma Ramana Prasad ReddyDirector16 Aug 201610 Years 2 MonthsCurrent

Charges & borrowings

Open charges
₹3.33 Cr
Satisfied charges
None
Breakdown by lending institutions
Karnataka State Financial Corporation₹3.00 Cr
Others₹0.33 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Feb 2022100533793Others₹13.6 LakhOpen
11 Aug 2021100475106Karnataka State Financial Corporation₹3 CrOpen
11 Aug 2021100479398Others₹4.54 LakhOpen
11 Aug 2021100480746Others₹15.2 LakhOpen

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Pickit Gourmet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Pickit Gourmet has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICP5465F1Z2KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Pickit Gourmet Private Limited, buy the company report.

Recent activity

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.

AGM
Pickit Gourmet Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Pickit Gourmet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100533793 was registered on 04 Feb 2022.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 3.00 Cr with Charge ID 100475106 was registered on 11 Aug 2021.
Charges
A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100479398 was registered on 11 Aug 2021.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100480746 was registered on 11 Aug 2021.
Ceased
Grishma Ramana Prasad Reddy ceased to be Additional Director.
Ceased
Supriya Suresh Babu ceased to be Additional Director.
Appointed
Grishma Ramana Prasad Reddy was appointed as Director.
Ceased
Lakshmi Budanoor Shivarama ceased to be Director.
Ceased
Nesara Budanoor Shivarama ceased to be Director.
Ceased
Shivarama Siddaramaiah Budanoor ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

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 has 5 current directors:

The latest financial statements of Pickit Gourmet on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.

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 has 2 court cases on record: 2 filed against it. 1 is pending.

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 registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0063871).

Pickit Gourmet can be reached through the website pickitsnacks.com. Its registered office is in Bangalore, Karnataka, India.