Sublime Foods Limited

Sublime Foods Limited - food and beverages in Koratagere, Karnataka, India. FY 2026 financials & compliance.
CIN U15310KA2012PLC101087 Incorporated 12 July 2012 ROC Bangalore HQ Koratagere, Karnataka, India
Active Public Limited Company food and beverages MSME · Micro
Data last updated
Revenue · FY 2022
₹5.13 Cr
▼ 38% YoY
Net loss · FY 2022
₹1.78 Cr
Net margin -34.8%
EBITDA · FY 2022
-₹74.72 Lakh
EBITDA margin -14.6%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹7.41 Cr
Issued & subscribed
Satisfied charges
₹3.05 Cr
No open charges
Company age
14 yrs
Est. 2012
Employees · EPFO
19
Provident fund records

About Sublime Foods Limited

Data last updated:

Sublime Foods Limited is a public limited company based in Koratagere, Karnataka, India, a subsidiary of Fcl Tradevest Private Limited. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 12 July 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15310KA2012PLC101087. Its GSTIN is 29AASCS1356E1Z1 (Karnataka).

The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹7.41 Cr. It was formerly known as Sublime Foods Private Limited and Speedfast Commercial Private Limited. It is led by directors including Satish Sharma and Karnket.

Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Koratagere, Karnataka.

As per the financials filed for FY 2022, the company reported a revenue of ₹5.13 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹1.78 Cr (net margin -34.8%) and EBITDA of -₹74.72 Lakh (EBITDA margin -14.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 6% over five years.

The company has about 19 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Sublime Foods. As per MCA filings, the company has satisfied charges of ₹3.05 Cr on record. The company has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹4.46 Cr; the latest was in March 2019. The company has 16 MSME Form 1 returns on record between 2019 and 2022, listing 204 overdue payments to 20 micro and small suppliers.

Sublime Foods Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-25-0000600). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sublimefoods.in.

Company details

CIN U15310KA2012PLC101087
Registration Number 101087
Incorporation Date 12 July 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Fcl Tradevest Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-25-0000600

Name history

Sublime Foods has undergone 2 name changes throughout its history. The company was previously known as Sublime Foods Private Limited, and Speedfast Commercial Private Limited. The current legal name is Sublime Foods Limited.

Company NameStatus
Sublime Foods LimitedCurrent
Sublime Foods Private LimitedPrevious
Speedfast Commercial Private LimitedPrevious

CIN history

Sublime Foods has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U15310KA2012PLC101087, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15310KA2012PLC101087Current
U15310KA2012PTC101087Previous
U51909WB2012PTC183693Previous
U15310WB2012PTC183693Previous
Key People
Satish Sharma Director Karnket Director Nitesh Surya Murulidhar Director

Recognitions & Rankings of Sublime Foods

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-25-0000600

Contact details

Sublime Foods Limited's registered office is in Koratagere, Karnataka. Its website is sublimefoods.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sublimefoods.in
  • Registered Address
    Plot No. 666 KIADB Ph. Kempanadoderi & Baths, Kora Hobli Vasantha Narasapura Tumkur, Koratagere, Karnataka, India – 572138
  • Industry
    Food and Beverages, Instant & Ready-to-Eat Foods

To see the full contact details of Sublime Foods Limited, buy the company report.

Comprehensive company report
Sublime Foods 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

Sublime Foods operates one associated brand: Sublime Foods. Each brand links to its own profile.

BrandDescriptionWebsite
Sublime Foods
Produces sauces, dips, condiments, jams, and vinegar for brands and retail chains.sublimefoods.in

Financials of Sublime Foods Limited

FY 2025 filings available

Sublime Foods Limited reported revenue of ₹5.13 Cr (down 38% YoY) for FY 2022.

Revenue · FY 2022
₹5.13 Cr ▼ 38%
Net loss · FY 2022
₹1.78 Cr margin -34.8%
EBITDA · FY 2022
-₹74.72 Lakh margin -14.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▼ 25%
5 years · compounded
▲ 6%

Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹5.13 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹74.72 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.78 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-14.6%
Net Profit Margin-34.8%
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 Sublime Foods Limited, buy the company report.

Board of directors of Sublime Foods Limited

Sublime Foods has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Satish Sharma
Also directs: Appu Nutritions Private Limited, Aadhaar Supermarket Private Limited, Nilgiris Franchise Limited and 2 more
Director18 Mar 20242 Years 7 MonthsCurrent
Karnket
Also directs: Nilgiri Supermarket Private Limited, Snackvibe Products Private Limited, The Nilgiri Dairy Farm Private Limited
Director02 May 20233 Years 6 MonthsCurrent
Nitesh Surya Murulidhar
Also directs: Appu Nutritions Private Limited, Nilgiris Franchise Limited, Nilgiri's Mechanised Bakery Private Limited and 2 more
Director29 Apr 20242 Years 6 MonthsCurrent
View all directors

Auditor

Sublime Foods Limited is audited by M/s Borkar & Muzumdar,Chartered Accountants for the financial year 2022.

Auditor firmFinancial yearFirm registration number
M/s Borkar & Muzumdar,Chartered AccountantsFY 2022101569W

Shareholding

The shareholding of Sublime Foods Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sublime Foods Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹3.05 Cr
Breakdown by lending institutions
State Bank of India₹3.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Apr 2016100025372State Bank of India₹3.05 CrSatisfied

To see the full charge records of Sublime Foods Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Sublime Foods Limited has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹4.46 Cr; the latest was in March 2019.

Total deals
6
Funding rounds
2
Secondary share transfers
2
Rights issue
1
Acquisition
1
Disclosed funding
₹4.46 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: FCL Tradevest Private Limited , FCL Tradevest Private Limited & Sailesh Kedawat, FCL Tradevest Private Limited & Manoj Gagvani
Seller: Future Consumer Limited , Future Consumer Limited & Manoj Gagvani, Future Consumer Limited & Samir Kedia
Mar 2019Funding round₹3 CrInvestors: FCL Tradevest Private Limited
Jul 2017Rights issue₹2.94 CrInvestors: Future Consumer Limited , Dolphin Communication Private Limited , 2 individuals
Feb 2015Funding round₹1.46 CrInvestors: Future Consumer Limited , Dolphin Communication Private Limited , an individual
Mar 2014Acquisition₹1 LakhBuyer: an individual
Seller: 2 individuals

To see the full deal history of Sublime Foods Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Sublime Foods Limited has 16 MSME Form 1 returns on record between 2019 and 2022, listing 204 overdue payments to 20 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 (5 of 20)

SupplierAmount dueDue sinceReported on
Integrated Food Park Limited
Sfatec Private Limited
Real Dehydrates
Spartan Trading Private Limited
Safe N Secure Safety Solutions Private Limited

To see the full MSME payment records of Sublime Foods Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Sublime Foods Limited has a workforce of 19 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
19
Active EPFO establishments
1
Employee growth
-45.71%

GST

Sublime Foods has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AASCS1356E1Z1KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Sublime Foods Limited, buy the company report.

Recent activity

Sublime Foods Limited has 15 board changes on record since 2012: 3 appointments and 12 cessations. The latest: Nitesh Surya Murulidhar ceased to be Additional Director on 05 Aug 2024.

AGM
Sublime Foods Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Sublime Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Nitesh Surya Murulidhar ceased to be Additional Director.
Ceased
Satish Sharma ceased to be Additional Director.
Ceased
Amit Kumar Agrawal ceased to be Director.
Appointed
Nitesh Surya Murulidhar was appointed as Director.
Appointed
Satish Sharma was appointed as Director.
Ceased
Karnket ceased to be Additional Director.
Appointed
Karnket was appointed as Director.
Charges
A charge registered on 06 Apr 2016 via Charge ID 100025372 with State Bank Of India was fully satisfied on 07 Dec 2021.
Charges
A charge with State Bank Of India of Rs. 3.05 Cr registered on 06 Apr 2016 with Charge ID 100025372 was modified on 04 Jun 2020.
Ceased
Siddarth Bhandari ceased to be Director.

9 earlier events are in the company report.

Frequently asked questions

Sublime Foods is an active public limited company based in Koratagere, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 12 July 2012 (14+ years old) and is registered under CIN U15310KA2012PLC101087.

Sublime Foods has 3 current directors:

The latest financial statements of Sublime Foods on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Sublime Foods is 29AASCS1356E1Z1, registered in Karnataka.

The CIN (Corporate Identification Number) of Sublime Foods is U15310KA2012PLC101087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sublime Foods was incorporated on 12 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.

Sublime Foods has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹4.46 Cr; the latest was in March 2019.

Nitesh Surya Murulidhar ceased to be Additional Director on 05 Aug 2024. Satish Sharma ceased to be Additional Director on 05 Aug 2024. Amit Kumar Agrawal ceased to be Director on 30 Apr 2024. Sublime Foods has 15 board changes on record in total.

Yes, Sublime Foods is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-25-0000600).

Sublime Foods has 16 MSME Form 1 returns on record between 2019 and 2022, listing 204 overdue payments to 20 micro and small suppliers. The latest return was filed on 17 Apr 2023.

Sublime Foods can be reached through the website sublimefoods.in. Its registered office is in Koratagere, Karnataka, India.