Popular Rice Mills Private Limited
About Popular Rice Mills Private Limited
Data last updated:
Popular Rice Mills Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 09 November 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15311KA1976PTC003075. Its GSTIN is 29AABCP1960E1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.05 Lakh. It is led by directors including Javali Virupakshappa (Managing Director) and Hurukadli Ramajara Panchappa.
Its last annual general meeting (AGM) was held on 22 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Honnali Road Shimoga 577201, Karnataka, India – 577201.
As per the financials filed for FY 2026, the company reported a revenue of ₹60.94 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹3.11 Lakh (net margin -5.1%) and EBITDA of -₹3.11 Lakh (EBITDA margin -5.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹26.57 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Popular Rice Mills has one previous CIN (Corporate Identification Number): U85110KA1976PTC003075. The current CIN is U15311KA1976PTC003075, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15311KA1976PTC003075 | Current |
| U85110KA1976PTC003075 | Previous |
Contact details
Popular Rice Mills Private Limited's registered office is in Shimoga, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHonnali Road Shimoga 577201, Karnataka, India – 577201
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Popular Rice Mills 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 activities of Popular Rice Mills are real estate activities and real estate. In detail, this covers real estate activities and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Popular Rice Mills Private Limited, buy the company report.
Financials of Popular Rice Mills Private Limited
FY 2026 filings availablePopular Rice Mills Private Limited reported revenue of ₹60.94 Lakh (up 19% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 19% growth in the latest year. EBITDA fell 131% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹60.94 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.11 Lakh | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.1% | ||||
| Net Profit Margin | -5.1% | ||||
| 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 Popular Rice Mills Private Limited, buy the company report.
Board of directors of Popular Rice Mills Private Limited
Popular Rice Mills has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Javali Virupakshappa | Managing Director | 09 Nov 1976 | 50 Years 0 Months | Current |
| Hurukadli Ramajara Panchappa | Director | 09 Nov 1976 | 50 Years 0 Months | Current |
| Javali Rajendra | Director | 09 Nov 1976 | 50 Years 0 Months | Current |
| Kavi Shivarajappa | Director | 09 Nov 1976 | 50 Years 0 Months | Current |
Auditor
Popular Rice Mills Private Limited is audited by M C RAJENDRA for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M C RAJENDRA | FY 2026 | 029646 |
Shareholding
The shareholding of Popular Rice Mills Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Popular Rice Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 1996 | 90196177 | K.S.F.C. | ₹20 Lakh | Open | |
| 12 Jun 1978 | 90193075 | Indian Bank | ₹75,000 | Open | |
| 06 Sep 1977 | 90194677 | Indian Bank | ₹5.82 Lakh | Open |
To see the full charge records of Popular Rice Mills Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Popular Rice Mills Private Limited has 3 court cases on record: 3 filed by Popular Rice Mills. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Commissioner Shimoga District | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Commissioner of Commercial Taxes | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Popular Rice Mills 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 Popular Rice Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Popular Rice Mills Private Limited has 1 active EPFO establishment as of Nov 12, 2026.
GST
Popular Rice Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCP1960E1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Popular Rice Mills Private Limited, buy the company report.
Recent activity
Popular Rice Mills Private Limited has 4 board changes on record since 1976: 4 appointments. The latest: Hurukadli Ramajara Panchappa was appointed as Director on 09 Nov 1976.
Frequently asked questions
Popular Rice Mills is an active private limited company based in Shimoga, Karnataka, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 09 November 1976 (50+ years old) and is registered under CIN U15311KA1976PTC003075.
Popular Rice Mills has 4 current directors:
- Javali Virupakshappa - Managing Director
- Hurukadli Ramajara Panchappa - Director
- Javali Rajendra - Director
- Kavi Shivarajappa - Director
The latest financial statements of Popular Rice Mills on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Popular Rice Mills is 29AABCP1960E1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Popular Rice Mills is U15311KA1976PTC003075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Popular Rice Mills has 3 court cases on record: 3 filed by the company.
Popular Rice Mills was incorporated on 09 November 1976, making it 50+ years old. It is registered with the Registrar of Companies, Bangalore.
Hurukadli Ramajara Panchappa was appointed as Director on 09 Nov 1976. Javali Rajendra was appointed as Director on 09 Nov 1976. Javali Virupakshappa was appointed as Managing Director on 09 Nov 1976. Popular Rice Mills has 4 board changes on record in total.
The registered office of Popular Rice Mills is at Honnali Road Shimoga 577201, Karnataka, India – 577201.
Popular Rice Mills operates in the food and beverages industry, in the staple foods and grains segment.
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