Third Eye Distillery Holdings Private Limited

Third Eye Distillery Holdings Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2019PTC320050 Incorporated 23 January 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company food and beverages MSME · Small
Data last updated
Revenue · FY 2023
₹19.39 Cr
▲ 7% YoY
Net loss · FY 2023
₹35.8 Cr
Net margin -184.7%
EBITDA · FY 2023
-₹34.11 Cr
EBITDA margin -175.9%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹4.9 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
94
Provident fund records
Directors on board
3
As per MCA filings

About Third Eye Distillery Holdings Private Limited

Data last updated:

Third Eye Distillery Holdings Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 23 January 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC320050. Its GSTIN is 27AADCF6272D1ZQ (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹4.9 Cr. It was formerly known as Third Eye Distillery Holding Private Limited and Freehand Beverages Private Limited. It is led by directors including Sakshi Saigal and Vidur Mohit Gupta.

Its last annual general meeting (AGM) was held on 26 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B – 202 2nd Floor Neelam Centre Hind Cycle Road Worli, Mumbai, Maharashtra, India – 400030.

As per the financials filed for FY 2023, the company reported a revenue of ₹19.39 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹35.8 Cr (net margin -184.7%) and EBITDA of -₹34.11 Cr (EBITDA margin -175.9%). Revenue has grown at a compounded annual rate (CAGR) of 128% over three years.

The company has about 94 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Stranger and Sons. The company has 11 deals on record (7 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹80.87 Cr; the latest was in January 2023. Its 7 peer companies in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 2 smaller; the largest is South Seas Distilleries and Breweries Private Limited with revenue of ₹19.85 Cr.

Third Eye Distillery Holdings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0056868). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website strangerandsons.com.

Company details

CIN U74999MH2019PTC320050
Registration Number 320050
Incorporation Date 23 January 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0056868

Name history

Third Eye Distillery Holdings has undergone 2 name changes throughout its history. The company was previously known as Third Eye Distillery Holding Private Limited, and Freehand Beverages Private Limited. The current legal name is Third Eye Distillery Holdings Private Limited.

Company NameStatus
Third Eye Distillery Holdings Private LimitedCurrent
Third Eye Distillery Holding Private LimitedPrevious
Freehand Beverages Private LimitedPrevious

Recognitions & Rankings of Third Eye Distillery Holdings

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0056868

Contact details

Third Eye Distillery Holdings Private Limited's registered office is in Mumbai, Maharashtra. Its website is strangerandsons.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B – 202 2nd Floor Neelam Centre Hind Cycle Road Worli, Mumbai, Maharashtra, India – 400030
  • Industry
    Food and Beverages, Alcoholic Beverage Manufacturing & Distribution

To see the full contact details of Third Eye Distillery Holdings Private Limited, buy the company report.

Comprehensive company report
Third Eye Distillery Holdings 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
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Brands

Third Eye Distillery Holdings operates one associated brand: Stranger and Sons. Each brand links to its own profile.

BrandDescriptionWebsite
Gin and gin-based cocktails are produced using native Indian botanicals.strangerandsons.com

Business activity

The main business activity of Third Eye Distillery Holdings is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Third Eye Distillery Holdings Private Limited, buy the company report.

Financials of Third Eye Distillery Holdings Private Limited

FY 2023 filings available

Third Eye Distillery Holdings Private Limited reported revenue of ₹19.39 Cr (up 7% YoY) for FY 2023.

Revenue · FY 2023
₹19.39 Cr ▲ 7%
Net loss · FY 2023
₹35.8 Cr margin -184.7%
EBITDA · FY 2023
-₹34.11 Cr margin -175.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 128%
EBITDA CAGR growth
1 year
▼ 214%
3 years · compounded
▼ 69%

Revenue has grown at a compounded annual rate (CAGR) of 128% over three years, including 7% growth in the latest year. EBITDA fell 214% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹34.11 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹35.8 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-175.9%
Net Profit Margin-184.7%
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 Third Eye Distillery Holdings Private Limited, buy the company report.

Board of directors of Third Eye Distillery Holdings Private Limited

Third Eye Distillery Holdings has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sakshi SaigalDirector23 Jan 20197 Years 9 MonthsCurrent
Vidur Mohit GuptaDirector23 Jan 20197 Years 9 MonthsCurrent
Rahul Bipin MehraDirector23 Jan 20197 Years 9 MonthsCurrent

Peer comparison

Third Eye Distillery Holdings Private Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
South Seas Distilleries and Breweries Private Limited₹19.85 Cr (FY 2021)41.0%Mumbai, Maharashtra, India
Blooms Liquors Private Limited₹19.8 Cr (FY 2016)19.0%Goraul, Bihar, India
Brindavan Spirits [I] Private Limited₹19.63 Cr (FY 2025)-22.0%Hyderabad, Telangana, India
Bhageshwar Agro Food Products Private Limited₹19.59 Cr (FY 2024)3.0%Ajmer, Rajasthan, India
Kala Amb Distillery & Brewery Private Limited₹19.57 Cr (FY 2023)-17.0%New Delhi, Delhi, India
Third Eye Distillery Holdings Private Limitedthis company₹19.39 Cr (FY 2023)-₹35.8 Cr-184.7%7.0%94Mumbai, Maharashtra, India
Sabacchus Distillery Private Limited₹17.76 Cr (FY 2025)18.0%New Delhi, Delhi, India
Super Distilleries Private Limited₹17.63 Cr (FY 2022)-81.0%Chandigarh, India

To see the full peer comparison of Third Eye Distillery Holdings Private Limited, buy the company report.

Auditor

Third Eye Distillery Holdings Private Limited is audited by J M MEHTA & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
J M MEHTA & ASSOCIATESFY 2022164095

Shareholding

The shareholding of Third Eye Distillery Holdings Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Third Eye Distillery Holdings Private Limited, buy the company report.

Deals & funding

Third Eye Distillery Holdings Private Limited has 11 deals on record (7 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹80.87 Cr; the latest was in January 2023.

Total deals
11
Funding rounds
7
Secondary share transfers
3
Rights issue
1
Disclosed funding
₹80.87 Cr

Deals on record (5 of 11)

WhenDealAmountParties
Jan 2023Funding round₹6.1 CrInvestors: Anuvin Global, 3 individuals
Mar 2022Funding round₹16.61 CrInvestors: Teesra Consultants LLP , LVX (LetsVenture), Delight Properties LLP
Oct 2021Funding round₹27.5 CrInvestors: Anuvin Global, Kristeel Family Office, Mindcomp New Heights LLP , an individual
Mar 2020Funding round₹13.9 CrInvestors: Jeejeebhoy Family Office, North Vector LLP , 2 individuals
Apr 2019Funding round₹6 CrInvestors: Salarpuria Investment Pvt Ltd , Angel List, DSG Consumer Partners, an individual

To see the full deal history of Third Eye Distillery Holdings Private 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

No delayed payments to MSME suppliers are on our record for Third Eye Distillery Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Third Eye Distillery Holdings has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Stranger & Sons Gin Private LimitedU15490MH2021PTC363245
Ted Apps Private LimitedU74999MH2021PTC362306

To see the full group structure of Third Eye Distillery Holdings Private Limited, buy the company report.

Employees & EPFO

Third Eye Distillery Holdings Private Limited has a workforce of 94 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
94
Active EPFO establishments
1
Employee growth
13.25%

GST

Third Eye Distillery Holdings has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AADCF6272D1ZQMaharashtraActive30 May 2019
30AADCF6272D1Z3GoaActive20 Apr 2021

To see the full GST registrations and return filing status of Third Eye Distillery Holdings Private Limited, buy the company report.

Recent activity

Third Eye Distillery Holdings Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Rahul Bipin Mehra was appointed as Director on 23 Jan 2019.

AGM
Third Eye Distillery Holdings Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.
Filing
Third Eye Distillery Holdings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Appointed
Rahul Bipin Mehra was appointed as Director.
Appointed
Sakshi Saigal was appointed as Director.
Appointed
Vidur Mohit Gupta was appointed as Director.
Incorporation
23 Jan 2019
Third Eye Distillery Holdings Private Limited was registered on 23 Jan 2019 with Roc Mumbai & aged 7 years 9 months as per MCA records.

Frequently asked questions

Third Eye Distillery Holdings is an active private limited company based in Mumbai, Maharashtra, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 23 January 2019 (7+ years old) and is registered under CIN U74999MH2019PTC320050.

Third Eye Distillery Holdings has 3 current directors:

The latest financial statements of Third Eye Distillery Holdings on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 26 September 2023. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Third Eye Distillery Holdings is 27AADCF6272D1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AADCF6272D1Z3 (Goa).

The CIN (Corporate Identification Number) of Third Eye Distillery Holdings is U74999MH2019PTC320050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Third Eye Distillery Holdings was incorporated on 23 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Third Eye Distillery Holdings has 11 deals on record (7 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹80.87 Cr; the latest was in January 2023.

The peers of Third Eye Distillery Holdings by revenue are South Seas Distilleries and Breweries Private Limited, Blooms Liquors Private Limited, Brindavan Spirits [I] Private Limited, Bhageshwar Agro Food Products Private Limited, Kala Amb Distillery & Brewery Private Limited and 2 more, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).

Rahul Bipin Mehra was appointed as Director on 23 Jan 2019. Sakshi Saigal was appointed as Director on 23 Jan 2019. Vidur Mohit Gupta was appointed as Director on 23 Jan 2019.

Yes, Third Eye Distillery Holdings is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0056868).

Third Eye Distillery Holdings can be reached through the website strangerandsons.com. Its registered office is in Mumbai, Maharashtra, India.