Spago Foods LLP - food and beverages in Bangalore, Karnataka, India. Directors, charges & compliance details.
LLPIN AAN-4060 Incorporated 05 October 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Converted to LLP Limited Liability Partnership food and beverages
Data last updated
Revenue · FY 2023
₹35.27 Cr
▲ 102% YoY
Net profit · FY 2023
₹2.71 Cr
Net margin 7.7%
EBITDA · FY 2023
₹2.44 Cr
EBITDA margin 6.9%
Contribution obligation
₹10 Lakh
As per LLP agreement
Open charges
₹49.5 Lakh
Secured borrowings
LLP age
8 yrs
Est. 2018
Employees · EPFO
203
Provident fund records
Designated partners
2
As per MCA filings

About Spago Foods LLP

Data last updated:

Spago Foods LLP was a limited liability partnership (LLP) based in Bangalore, Karnataka, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 05 October 2018.

The LLP was registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAN-4060.

The LLP had a total obligation of contribution of ₹10 Lakh. It was led by designated partners Zonu Nagarajan Reddy and Nischay Jayeshankar.

Its latest statement of accounts is for the year ended 31 March 2023. The registered office was at No. 80 1st Cross 2nd Main Defence Colony Indiranagar, Bangalore, Karnataka, India – 560038.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹35.27 Cr, a growth of 102% compared to the previous year. For the same year it recorded a net profit of ₹2.71 Cr (net margin 7.7%) and EBITDA of ₹2.44 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 98% over three years.

The LLP has about 203 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹49.5 Lakh on record.

Company details

LLPIN AAN-4060
Incorporation Date 05 October 2018
Total Obligation of Contribution ₹10 Lakh
ROC Bangalore
Listing Status Unlisted
Company Status Converted and Dissolved
Date of Last AGM 31 March 2023
Date of Balance Sheet 31 March 2023

Contact details

Spago Foods LLP's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 80 1st Cross 2nd Main Defence Colony Indiranagar, Bangalore, Karnataka, India – 560038
  • Industry
    Food and Beverages, Instant & Ready-to-Eat Foods

To see the full contact details of Spago Foods LLP, buy the company report.

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  • Legal cases, compliance and MCA filings
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Financials of Spago Foods LLP

FY 2023 filings available

Spago Foods LLP reported revenue of ₹35.27 Cr (up 102% YoY) for FY 2023.

Revenue · FY 2023
₹35.27 Cr ▲ 102%
Net profit · FY 2023
₹2.71 Cr margin 7.7%
EBITDA · FY 2023
₹2.44 Cr margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 102%
3 years · compounded
▲ 98%
EBITDA CAGR growth
1 year
▲ 4%

Revenue has grown at a compounded annual rate (CAGR) of 98% over three years, including 102% growth in the latest year. EBITDA rose 4% 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹2.71 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin7.7%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Spago Foods LLP, buy the company report.

Designated partners of Spago Foods LLP

Spago Foods has 2 designated partners on record. No former designated partners are listed.

Designated Partners (as last reported)
NameDesignationAppointment DateTenureStatus
Zonu Nagarajan ReddyDesignated Partner05 Oct 20188 Years 0 MonthsAs last reported
Nischay JayeshankarDesignated Partner05 Oct 20188 Years 0 MonthsAs last reported

Charges & borrowings

Open charges
₹49.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Dec 2022L-100724424Hdfc Bank Limited₹49.5 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Spago Foods LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Spago Foods LLP has a workforce of 203 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
203
Active EPFO establishments
1
Employee growth
93.33%

GST

No GST registration is on our record for Spago Foods LLP; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Spago Foods LLP has 2 designated partner changes on record since 2018: 2 appointments. The latest: Nischay Jayeshankar was appointed as Designated Partner on 05 Oct 2018.

AGM
Spago Foods Llp last Annual general meeting of members was held on 31 Mar 2023 as per latest MCA records.
Filing
Spago Foods Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 49.50 Lakh with Charge ID 100724424 was registered on 16 Dec 2022.
Appointed
Nischay Jayeshankar was appointed as Designated Partner.
Appointed
Zonu Nagarajan Reddy was appointed as Designated Partner.
Incorporation
05 Oct 2018
Spago Foods Llp was registered on 05 Oct 2018 with Roc Bangalore & aged 8 years 24 days as per MCA records.

Frequently asked questions

Spago Foods has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.

Spago Foods was a limited liability partnership based in Bangalore, Karnataka, India. The LLP worked in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 05 October 2018 and is registered under LLPIN AAN-4060. For the latest details, refer to the successor company.

The LLPIN (Limited Liability Partnership Identification Number) of Spago Foods is AAN-4060. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Spago Foods had 2 designated partners:

Spago Foods was incorporated on 05 October 2018. It is registered with the Registrar of Companies, Bangalore.

The registered office of Spago Foods is at No. 80 1st Cross 2nd Main Defence Colony Indiranagar, Bangalore, Karnataka, India – 560038.

The latest financial statements of Spago Foods on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2023. Year-wise statements from FY 2019 are in the company report.

Spago Foods operated in the food and beverages industry, in the instant and ready-to-eat foods segment.

Nischay Jayeshankar was appointed as Designated Partner on 05 Oct 2018. Zonu Nagarajan Reddy was appointed as Designated Partner on 05 Oct 2018.

Spago Foods has open charges of ₹49.5 Lakh and no satisfied charges on record as per latest MCA filings.