
Spago Foods LLP
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
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 AddressNo. 80 1st Cross 2nd Main Defence Colony Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Spago Foods LLP, 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
Financials of Spago Foods LLP
FY 2023 filings availableSpago Foods LLP reported revenue of ₹35.27 Cr (up 102% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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 Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 7.7% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zonu Nagarajan Reddy | Designated Partner | 05 Oct 2018 | 8 Years 0 Months | As last reported |
| Nischay Jayeshankar Also directs: Spago Foods Private Limited, V.K.Boards and Papers Private Limited, Shivakar Infra Private Limited and 5 more | Designated Partner | 05 Oct 2018 | 8 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2022 | L-100724424 | Hdfc Bank Limited | ₹49.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Spago Foods LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
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.
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.
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:
- Zonu Nagarajan Reddy - Designated Partner
- Nischay Jayeshankar - Designated Partner
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.