DPIIT recognised startup Government of India
Startup India
Rio Innobev Private Limited - food and beverages in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.76 Cr
▲ 22% YoY
Net loss · FY 2025
₹2.79 Cr
Net margin -10.8%
EBITDA · FY 2025
-₹1.97 Cr
EBITDA margin -7.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.29 Lakh
Issued & subscribed
Open charges
₹13.15 Cr
Satisfied ₹1.46 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
106
Provident fund records
About Rio Innobev Private Limited
Data last updated:
Rio Innobev Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 23 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15490PN2020PTC193271. Its GSTIN is 27AAKCR3747A1ZF (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.29 Lakh. It is led by directors including Rahul Nemidas Sangoi (Whole-Time Director) and Rajiv Nemidas Sangoi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S No 30/455 Final Plot No. 4 Sub Plot No 2 Ramtekdi Industrial Area Hadapsar, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.76 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹2.79 Cr (net margin -10.8%) and EBITDA of -₹1.97 Cr (EBITDA margin -7.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The company has about 106 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rio. As per MCA filings, the company has open charges of ₹13.15 Cr and satisfied charges of ₹1.46 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in April 2025. Its 8 peer companies in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 3 smaller; the largest is S M Consumers Private Limited with revenue of ₹26.73 Cr. The company has 2 MSME Form 1 returns on record between 2021 and 2022, listing 9 overdue payments to 3 micro and small suppliers.
Rio Innobev Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0099974). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website enjoyrio.in.
Company details
CIN U15490PN2020PTC193271
Registration Number 193271
Incorporation Date 23 August 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0099974
Key People
Rahul Nemidas Sangoi Whole-Time Director Rajiv Nemidas Sangoi Whole-Time Director Rohan Bharat Sangoi Whole-Time Director Recognitions & Rankings of Rio Innobev
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0099974
Contact details
Rio Innobev Private Limited's registered office is in Pune, Maharashtra. Its website is enjoyrio.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS No 30/455 Final Plot No. 4 Sub Plot No 2 Ramtekdi Industrial Area Hadapsar, Pune, Maharashtra, India – 411028
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Rio Innobev Private Limited, buy the company report.
Comprehensive company report
Rio Innobev 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Rio Innobev operates one associated brand: Rio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fizzy fruit-flavored drinks are produced by Rio Innobev. | enjoyrio.in |
Business activity
The main business activity of Rio Innobev is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Rio Innobev Private Limited, buy the company report.
Financials of Rio Innobev Private Limited
FY 2025 filings availableRio Innobev Private Limited reported revenue of ₹25.76 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹25.76 Cr ▲ 22%
Net loss · FY 2025
₹2.79 Cr margin -10.8%
EBITDA · FY 2025
-₹1.97 Cr margin -7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 22% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.79 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.7% | ||||
| Net Profit Margin | -10.8% | ||||
| 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 Rio Innobev Private Limited, buy the company report.
Board of directors of Rio Innobev Private Limited
Rio Innobev has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Nemidas Sangoi Also directs: Entrepreneurs' Organization Pune | Whole-Time Director | 23 Aug 2020 | 6 Years 2 Months | Current |
| Rajiv Nemidas Sangoi | Whole-Time Director | 23 Aug 2020 | 6 Years 2 Months | Current |
| Rohan Bharat Sangoi | Whole-Time Director | 23 Aug 2020 | 6 Years 2 Months | Current |
| Apoorv Gautam Also directs: Atomic Sponsor I LLP, Atbeta Management LLP, Sanjeevani Dairy Farms Private Limited and 5 more | Nominee Director | 10 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Rio Innobev Private Limited is compared with the 8 companies closest to it by revenue in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S M Consumers Private Limited | ₹26.73 Cr (FY 2025) | -9.0% | Manpur, Assam, India | |||
| Mahodar Beverages Private Limited | ₹26.69 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Sri Manjunath Foods and Packagings Private Limited | ₹26.68 Cr (FY 2024) | 9.0% | Mangalore, Karnataka, India | |||
| Alpha Agro Foods International Private Limited | ₹26.68 Cr (FY 2023) | 10.0% | Hisar, Haryana, India | |||
| Maafresh Agro Foods Private Limited | ₹25.84 Cr (FY 2024) | 36.0% | Chennai, Tamil Nadu, India | |||
| Rio Innobev Private Limitedthis company | ₹25.76 Cr (FY 2025) | -₹2.79 Cr | -10.8% | 22.0% | 106 | Pune, Maharashtra, India |
| Qlife Consumer Products Private Limited | ₹25.7 Cr (FY 2024) | 35.0% | Ernakulam, Kerala, India | |||
| Hillsfood Agro Beverages Private Limited | ₹25.33 Cr (FY 2020) | 7.0% | Baddi, Himachal Pradesh, India | |||
| Hygen Beverages Private Limited | ₹25.15 Cr (FY 2025) | 7.0% | Faridkot, Punjab, India |
To see the full peer comparison of Rio Innobev Private Limited, buy the company report.
Auditor
Rio Innobev Private Limited is audited by BAL BATHIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAL BATHIA & CO. | FY 2023 | 112679W |
Shareholding
The shareholding of Rio Innobev Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rio Innobev Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.15 Cr
Satisfied charges
₹1.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2023 | 100723221 | Others | ₹4.99 Cr | Open | |
| 25 May 2023 | 100723798 | Others | ₹68 Lakh | Open | |
| 18 Jun 2022 | 100591387 | Hdfc Bank Limited | ₹20.08 Lakh | Open | |
| 20 Jan 2022 | 100552676 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 23 Aug 2020 | 100403480 | Others | ₹7.13 Cr | Open |
To see the full charge records of Rio Innobev Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Rio Innobev Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in April 2025.
Total deals
1
Funding round
1
Disclosed funding
₹10 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Funding round · Seed | ₹10 Cr | Investors: Atomic Capital |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rio Innobev Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of Rio Innobev 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
Rio Innobev Private Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 9 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Packsmart India Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Rio Innobev Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rio Innobev Private Limited has a workforce of 106 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
106
Active EPFO establishments
1
Employee growth
12.77%
GST
Rio Innobev has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCR3747A1ZF | Maharashtra | Active | 31 Aug 2020 |
| 29AAKCR3747A1ZB | Karnataka | Active | 29 Jun 2024 |
To see the full GST registrations and return filing status of Rio Innobev Private Limited, buy the company report.
Recent activity
Rio Innobev Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Apoorv Gautam was appointed as Nominee Director on 10 May 2025.
AGM
Rio Innobev Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 25 May 2023 via Charge ID 100723218 with Others was fully satisfied on 10 Jun 2025.
Charges
A charge registered on 25 May 2023 via Charge ID 100723589 with Others was fully satisfied on 10 Jun 2025.
Appointed
Apoorv Gautam was appointed as Nominee Director.
Filing
Rio Innobev Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others of Rs. 713.10 Lakh registered on 23 Aug 2020 with Charge ID 100403480 was modified on 20 Mar 2025.
Charges
A charge with Others of Rs. 499.00 Lakh registered on 25 May 2023 with Charge ID 100723221 was modified on 14 Feb 2025.
Charges
A charge with Others of Rs. 93.00 Lakh registered on 25 May 2023 with Charge ID 100723589 was modified on 06 Jun 2023.
Charges
A charge with Others amounted to Rs. 68.00 Lakh with Charge ID 100723798 was registered on 25 May 2023.
Charges
A charge with Others amounted to Rs. 53.10 Lakh with Charge ID 100723218 was registered on 25 May 2023.
Charges
A charge with Others amounted to Rs. 93.00 Lakh with Charge ID 100723589 was registered on 25 May 2023.
Charges
A charge with Others amounted to Rs. 499.00 Lakh with Charge ID 100723221 was registered on 25 May 2023.
7 earlier events are in the company report.
Frequently asked questions
Rio Innobev is an active private limited company based in Pune, Maharashtra, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 23 August 2020 (6+ years old) and is registered under CIN U15490PN2020PTC193271.
Rio Innobev has 4 current directors:
- Rahul Nemidas Sangoi - Whole-Time Director
- Rajiv Nemidas Sangoi - Whole-Time Director
- Rohan Bharat Sangoi - Whole-Time Director
- Apoorv Gautam - Nominee Director
The latest financial statements of Rio Innobev on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Rio Innobev is 27AAKCR3747A1ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAKCR3747A1ZB (Karnataka).
The CIN (Corporate Identification Number) of Rio Innobev is U15490PN2020PTC193271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rio Innobev has 1 court case on record: 1 filed against it.
Rio Innobev was incorporated on 23 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Rio Innobev has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in April 2025.
The peers of Rio Innobev by revenue are S M Consumers Private Limited, Mahodar Beverages Private Limited, Sri Manjunath Foods and Packagings Private Limited, Alpha Agro Foods International Private Limited, Maafresh Agro Foods Private Limited and 3 more, all in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Apoorv Gautam was appointed as Nominee Director on 10 May 2025. Rahul Nemidas Sangoi was appointed as Whole-Time Director on 23 Aug 2020. Rajiv Nemidas Sangoi was appointed as Whole-Time Director on 23 Aug 2020. Rio Innobev has 4 board changes on record in total.
Yes, Rio Innobev is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Rio Innobev is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0099974).