
About Svasti Innovations Private Limited
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Svasti Innovations Private Limited is a private limited company based in Hubli, Karnataka, India, recognised as a startup by DPIIT. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 19 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2020PTC134169. Its GSTIN is 29ABDCS6682B1Z5 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Suresh Sharanapp Angadi and Vijayakumar Bhajantri.
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 Hubli, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.54 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹10.95 Lakh (net margin 0.6%) and EBITDA of ₹21.25 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The company is associated with 1 brand: Svasti Innovation Labs. As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹2.5 Cr on record.
Svasti Innovations Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-13-0000899). For more details, the company can be reached via its website morningbell.in.
Company details
Recognitions & Rankings of Svasti Innovations
- Udyam number
- UDYAM-KR-13-0000899
Contact details
Svasti Innovations Private Limited's registered office is in Hubli, Karnataka. Its website is morningbell.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor No.02 Kappec Apmc Yard, Amaragol Hubballi Dharwad, Hubli, Karnataka, India – 580025
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Svasti Innovations Private Limited, 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
Brands
Svasti Innovations operates one associated brand: Svasti Innovation Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-driven supply chain management and warehouse automation for SMEs. | svastilabs.com |
Business activity
The main business activity of Svasti Innovations 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 Svasti Innovations Private Limited, buy the company report.
Financials of Svasti Innovations Private Limited
FY 2025 filings availableSvasti Innovations Private Limited reported revenue of ₹19.54 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 29% growth in the latest year. EBITDA fell 50% 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 |
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| EBITDA | ₹21.25 Lakh | ||||
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| Net Profit (PAT) | ₹10.95 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Svasti Innovations Private Limited, buy the company report.
Board of directors of Svasti Innovations Private Limited
Svasti Innovations has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayakumar Bhajantri Also directs: Svasti Innovation Labs Private Limited | Additional Director | 17 Jul 2024 | 2 Years 3 Months | Current |
| Suresh Sharanapp Angadi | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
| Kiran Ronad | Additional Director | 14 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Svasti Innovations Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Trupti Milk Agro Products and Beverages Private Limited | ₹19.6 Cr (FY 2025) | 168.0% | Ahmednagar, Maharashtra, India | |||
| Svasti Innovations Private Limitedthis company | ₹19.54 Cr (FY 2025) | ₹10.95 Lakh | 0.6% | 29.0% | Hubli, Karnataka, India | |
| Shree Gajadhar Agro Products Private Limited | ₹19.49 Cr (FY 2017) | -3.0% | Kolkata, West Bengal, India | |||
| Krishiv Suppliers Private Limited | ₹19.47 Cr (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Dunken Kelvin Private Limited | ₹19.44 Cr (FY 2024) | 16.0% | Surat, Gujarat, India |
To see the full peer comparison of Svasti Innovations Private Limited, buy the company report.
Auditor
Svasti Innovations Private Limited is audited by S S R N & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S R N & CO | FY 2023 | 015399S |
Shareholding
The shareholding of Svasti Innovations 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 Svasti Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2025 | 101110074 | State Bank of India | ₹2.5 Cr | Open | |
| 23 Feb 2021 | 100455085 | Karnataka Bank Ltd. | ₹2.5 Cr | Satisfied |
To see the full charge records of Svasti Innovations Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Svasti Innovations Private Limited 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 Svasti Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Svasti Innovations Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Svasti Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABDCS6682B1Z5 | Karnataka | Active | 26 Jun 2020 |
To see the full GST registrations and return filing status of Svasti Innovations Private Limited, buy the company report.
Recent activity
Svasti Innovations Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Kiran Ronad was appointed as Additional Director on 14 Mar 2025.
Frequently asked questions
Svasti Innovations is an active private limited company based in Hubli, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 19 May 2020 (6+ years old) and is registered under CIN U52100KA2020PTC134169.
Svasti Innovations has 3 current directors:
- Vijayakumar Bhajantri - Additional Director
- Suresh Sharanapp Angadi - Director
- Kiran Ronad - Additional Director
The latest financial statements of Svasti Innovations 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 Svasti Innovations is 29ABDCS6682B1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Svasti Innovations is U52100KA2020PTC134169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Svasti Innovations was incorporated on 19 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Svasti Innovations by revenue are Trupti Milk Agro Products and Beverages Private Limited, Shree Gajadhar Agro Products Private Limited, Krishiv Suppliers Private Limited, Dunken Kelvin Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Kiran Ronad was appointed as Additional Director on 14 Mar 2025. Siddaling Latti ceased to be Additional Director on 27 Feb 2025. Asha Vijaykumar Bhajantri ceased to be Director on 17 Jul 2024. Svasti Innovations has 6 board changes on record in total.
Yes, Svasti Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Svasti Innovations is registered as an MSME under Udyam registration (number: UDYAM-KR-13-0000899).
Svasti Innovations can be reached through the website morningbell.in. Its registered office is in Hubli, Karnataka, India.

