MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-KR-03-0084394
Retailworx India Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹5.41 Cr
▲ 21% YoY
Net loss · FY 2022
₹1.99 Cr
Net margin -36.8%
EBITDA · FY 2022
-₹1.17 Cr
EBITDA margin -21.6%
Authorised capital
₹3.02 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Open charges
₹10.25 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
43
Provident fund records
About Retailworx India Private Limited
Data last updated:
Retailworx India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online grocery platforms segment of the e-commerce sector. It was incorporated on 05 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52390KA2012PTC066594. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.02 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors including Shayantani Nath and Rajivmadhavrao.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 48 Ground Floor Linden Street Palmgroves Road Victoria Layout, Bangalore, Karnataka, India – 560047.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.41 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹1.99 Cr (net margin -36.8%) and EBITDA of -₹1.17 Cr (EBITDA margin -21.6%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FreshWorld. As per MCA filings, the company has open charges of ₹10.25 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 3 cases are pending. The company has 9 deals on record (8 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹11.84 Cr; the latest was in November 2018. Its 3 peer companies in the Ecommerce and Internet industry (Grocery), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Altitude Organic and Natural Products Private Limited with revenue of ₹6.01 Cr.
Retailworx India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0084394). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freshworld.in.
Company details
CIN U52390KA2012PTC066594
Registration Number 066594
Incorporation Date 05 November 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0084394
Recognitions & Rankings of Retailworx India
Contact details
Retailworx India Private Limited's registered office is in Bangalore, Karnataka. Its website is freshworld.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address48 Ground Floor Linden Street Palmgroves Road Victoria Layout, Bangalore, Karnataka, India – 560047
- IndustryE-Commerce, Online Grocery Platforms
To see the full contact details of Retailworx India Private Limited, buy the company report.
Comprehensive company report
Retailworx India 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
Retailworx India operates one associated brand: FreshWorld. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Farm-fresh fruits and vegetables are sold via tech-enabled street vending. | freshworld.in |
Business activity
The main business activity of Retailworx India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Retailworx India Private Limited, buy the company report.
Financials of Retailworx India Private Limited
FY 2022 filings availableRetailworx India Private Limited reported revenue of ₹5.41 Cr (up 21% YoY) for FY 2022.
Revenue · FY 2022
₹5.41 Cr ▲ 21%
Net loss · FY 2022
₹1.99 Cr margin -36.8%
EBITDA · FY 2022
-₹1.17 Cr margin -21.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▼ 2%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 27%
5 years · compounded
▲ 16%
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 44% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.99 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.6% | ||||
| Net Profit Margin | -36.8% | ||||
| 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 Retailworx India Private Limited, buy the company report.
Board of directors of Retailworx India Private Limited
Retailworx India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shayantani Nath | Director | 05 Nov 2012 | 14 Years 0 Months | Current |
| Rajivmadhavrao | Director | 05 Nov 2012 | 14 Years 0 Months | Current |
| Kurian Francis Manavalan Also directs: Texhie Infotech India Private Limited | Director | 11 Sep 2013 | 13 Years 2 Months | Current |
Peer comparison
Retailworx India Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Grocery), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Altitude Organic and Natural Products Private Limited | ₹6.01 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Retailworx India Private Limitedthis company | ₹5.41 Cr (FY 2022) | -₹1.99 Cr | -36.8% | 21.0% | Bangalore, Karnataka, India | |
| Freshboxx Services Private Limited | ₹5.29 Cr (FY 2018) | 442.0% | Hubli, Karnataka, India | |||
| Apex Fresh Private Limited | ₹5.21 Cr (FY 2024) | Mumbai, Maharashtra, India |
To see the full peer comparison of Retailworx India Private Limited, buy the company report.
Auditor
Retailworx India Private Limited is audited by Agiwal P. & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agiwal P. & Associates | FY 2022 | 000051S |
Shareholding
The shareholding of Retailworx India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Retailworx India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2021 | 100484857 | Others | ₹3.65 Cr | Open | |
| 22 Mar 2021 | 100429133 | Others | ₹25 Lakh | Open | |
| 02 Dec 2020 | 100397392 | Others | ₹75 Lakh | Open | |
| 08 Oct 2020 | 100394470 | Others | ₹3 Cr | Open | |
| 11 Jul 2019 | 100281425 | Others | ₹50 Lakh | Open |
To see the full charge records of Retailworx India Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Retailworx India Private Limited has 9 deals on record (8 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹11.84 Cr; the latest was in November 2018.
Total deals
9
Funding rounds
8
Convertible or debt financing
1
Disclosed funding
₹11.84 Cr
Deals on record (3 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Funding round | ₹1 Cr | Investors: Indian Angel Network Fund |
| May 2018 | Funding round · Series C | ₹54 Lakh | Investors: 4 individuals |
| Sep 2013 | Funding round · Series A | ₹76.9 Lakh | Investors: 4 individuals |
To see the full deal history of Retailworx India 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
Retailworx India Private Limited has 12 court cases on record: 2 filed by Retailworx India, 10 filed against it. 3 cases are pending and 9 are disposed.
Total cases
12
Filed by the company
2
Filed against the company
10
Pending
3
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 3 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Var Energy and Infra Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Var Energy and Infra Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Farmfolks Agro Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Sproutamins Super Foods Pvt Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Retailworx India 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 Retailworx India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Retailworx India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Retailworx India Private Limited, buy the company report.
Recent activity
Retailworx India Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Nagaraja Prakasam ceased to be Director on 02 Sep 2019.
AGM
Retailworx India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Retailworx India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 3.65 Cr with Charge ID 100484857 was registered on 30 Sep 2021.
Charges
A charge with Others of Rs. 0.75 Cr registered on 02 Dec 2020 with Charge ID 100397392 was modified on 28 May 2021.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100429133 was registered on 22 Mar 2021.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100397392 was registered on 02 Dec 2020.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100394470 was registered on 08 Oct 2020.
Ceased
Nagaraja Prakasam ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100281425 was registered on 11 Jul 2019.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100090126 was registered on 03 Mar 2017.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100064747 was registered on 16 Nov 2016.
Charges
A charge with State Bank Of Mysore amounted to Rs. 0.55 Cr with Charge ID 10481514 was registered on 21 Feb 2014.
4 earlier events are in the company report.
Frequently asked questions
Retailworx India is an active private limited company based in Bangalore, Karnataka, India. The company works in online grocery platforms, within the e-commerce industry. It was incorporated on 05 November 2012 (14+ years old) and is registered under CIN U52390KA2012PTC066594.
Retailworx India has 3 current directors:
- Shayantani Nath - Director
- Rajivmadhavrao - Director
- Kurian Francis Manavalan - Director
The latest financial statements of Retailworx India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Retailworx India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Retailworx India is U52390KA2012PTC066594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Retailworx India has 12 court cases on record: 2 filed by the company and 10 filed against it. 3 are pending. Most are in the district courts.
Retailworx India was incorporated on 05 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Retailworx India has 9 deals on record (8 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹11.84 Cr; the latest was in November 2018.
The peers of Retailworx India by revenue are Altitude Organic and Natural Products Private Limited, Freshboxx Services Private Limited, Apex Fresh Private Limited, all in the Ecommerce and Internet industry (Grocery), with the same principal business activity (wholesale trading).
Nagaraja Prakasam ceased to be Director on 02 Sep 2019. Kurian Francis Manavalan was appointed as Director on 11 Sep 2013. Rajivmadhavrao was appointed as Director on 05 Nov 2012. Retailworx India has 4 board changes on record in total.
Yes, Retailworx India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0084394).
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