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Vegannovative Solution Private Limited - food and beverages in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹23.33 Lakh
▼ 39% YoY
Net loss · FY 2024
₹16.21 Lakh
Net margin -69.5%
EBITDA · FY 2024
-₹16.37 Lakh
EBITDA margin -70.2%
Authorised capital
₹42.5 Lakh
Registered with MCA
Paid-up capital
₹39.46 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Vegannovative Solution Private Limited
Data last updated:
Vegannovative Solution Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the other food products segment of the food and beverages sector. It was incorporated on 10 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15400KA2020PTC132483.
The company has an authorised share capital of ₹42.5 Lakh and a paid-up capital of ₹39.46 Lakh. It is led by directors Ram Chandra Ray and Abhishek Kumar.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.33 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹16.21 Lakh (net margin -69.5%) and EBITDA of -₹16.37 Lakh (EBITDA margin -70.2%). Revenue has grown at a compounded annual rate (CAGR) of 463% over three years.
The company is associated with 1 brand: Pilk. The company has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in March 2022. Its 10 peer companies in the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 5 smaller; the largest is Organic Periya Private Limited with revenue of ₹23.45 Lakh.
Vegannovative Solution Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0149620). For more details, the company can be reached via its website pilk.in.
Company details
CIN U15400KA2020PTC132483
Registration Number 132483
Incorporation Date 10 February 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0149620
Recognitions & Rankings of Vegannovative Solution
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0149620
Contact details
Vegannovative Solution Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressVo – 270 Wework Salarpuria Symbiosis, Arekere Village Begur Hobli, Bangalore, Karnataka, India – 560076
- IndustryFood And Beverages, Other Food Products, Manufacturing
Comprehensive company report
Vegannovative Solution 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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Business activity
The main business activity of Vegannovative Solution is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Vegannovative Solution Private Limited, buy the company report.
Financials of Vegannovative Solution Private Limited
FY 2025 filings availableVegannovative Solution Private Limited reported revenue of ₹23.33 Lakh (down 39% YoY) for FY 2024.
Revenue · FY 2024
₹23.33 Lakh ▼ 39%
Net loss · FY 2024
₹16.21 Lakh margin -69.5%
EBITDA · FY 2024
-₹16.37 Lakh margin -70.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 463%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▼ 272%
Revenue fell 39% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 463%. EBITDA rose 70% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹16.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.21 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -70.2% | ||||
| Net Profit Margin | -69.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Vegannovative Solution Private Limited, buy the company report.
Board of directors of Vegannovative Solution Private Limited
Vegannovative Solution has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Kumar Also directs: Biomely Private Limited | Additional Director | 05 Jun 2021 | 5 Years 5 Months | Current |
| Ram Chandra Ray Also directs: Biomely Private Limited | Director | 08 May 2022 | 4 Years 6 Months | Current |
Peer comparison
Vegannovative Solution Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Organic Periya Private Limited | ₹23.45 Lakh (FY 2023) | 16.0% | Kannur, Kerala, India | |||
| Speed Hotels and Resorts Pvt Ltd | ₹23.43 Lakh (FY 2024) | -20.0% | Kolkata, West Bengal, India | |||
| Trimula Basmati Private Limited | ₹23.42 Lakh (FY 2025) | -76.0% | New Delhi, Delhi, India | |||
| Brahmaindic Nutriments Private Limited | ₹23.41 Lakh (FY 2023) | 30.0% | Thrissur, Kerala, India | |||
| Mahakal Distellary Pvt Ltd | ₹23.36 Lakh (FY 2024) | 2151.0% | Ujjain, Madhya Pradesh, India | |||
| Vegannovative Solution Private Limitedthis company | ₹23.33 Lakh (FY 2024) | -₹16.21 Lakh | -69.5% | -39.0% | Bangalore, Karnataka, India | |
| Siddhikripa Food & Beverages Private Limited | ₹23.27 Lakh (FY 2016) | 18.0% | Lucknow, Uttar Pradesh, India | |||
| Rasapaaka Foods & Beverages Private Limited | ₹23.23 Lakh (FY 2025) | 112.0% | Mysore, Karnataka, India | |||
| Kolkata Distillery Private Limited | ₹23.22 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Pushti Livestock Feed Private Limited | ₹23.18 Lakh (FY 2025) | 48.0% | Barpeta, Assam, India | |||
| Grain Homes India Private Limited | ₹23.15 Lakh (FY 2022) | 84.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Vegannovative Solution Private Limited, buy the company report.
Deals & funding
Vegannovative Solution Private Limited has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in March 2022.
Total deals
3
Rights issue
1
Secondary share transfer
1
Acquisition
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Acquisition | ₹25 Lakh | Buyer: 100X.VC |
| Mar 2022 | Rights issue | ₹12.6 Lakh | Investors: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Vegannovative Solution 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 Vegannovative Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vegannovative Solution Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vegannovative Solution Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Kanishk Gupta ceased to be Director on 09 May 2022.
AGM
Vegannovative Solution Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vegannovative Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kanishk Gupta ceased to be Director.
Appointed
Ram Chandra Ray was appointed as Director.
Ceased
Ram Chandra Ray ceased to be Director.
Appointed
Abhishek Kumar was appointed as Additional Director.
Incorporation
10 Feb 2020
Vegannovative Solution Private Limited was registered on 10 Feb 2020 with Roc Bangalore & aged 6 years 9 months as per MCA records.
Frequently asked questions
Vegannovative Solution is an active private limited company based in Bangalore, Karnataka, India. The company works in other food products, within the food and beverages industry. It was incorporated on 10 February 2020 (6+ years old) and is registered under CIN U15400KA2020PTC132483.
Vegannovative Solution has 2 current directors:
- Abhishek Kumar - Additional Director
- Ram Chandra Ray - Director
The latest financial statements of Vegannovative Solution 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 2020 are in the company report.
The CIN (Corporate Identification Number) of Vegannovative Solution is U15400KA2020PTC132483. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vegannovative Solution was incorporated on 10 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Vegannovative Solution has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in March 2022.
The peers of Vegannovative Solution by revenue are Organic Periya Private Limited, Speed Hotels and Resorts Pvt Ltd, Trimula Basmati Private Limited, Brahmaindic Nutriments Private Limited, Mahakal Distellary Pvt Ltd and 5 more, all in the same principal business activity (food, beverages and tobacco products).
Kanishk Gupta ceased to be Director on 09 May 2022. Ram Chandra Ray was appointed as Director on 08 May 2022. Ram Chandra Ray ceased to be Director on 07 Jun 2021. Vegannovative Solution has 4 board changes on record in total.
Yes, Vegannovative Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vegannovative Solution is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0149620).
Vegannovative Solution can be reached through the website pilk.in. Its registered office is in Bangalore, Karnataka, India.
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