About Vegola India Private Limited
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Vegola India Private Limited is a private limited company based in Tumkur, Karnataka, India, a subsidiary of Rafael Gonzalez Business Group Sl. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 07 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01513KA2003PTC032686. Its GSTIN is 29AABCI2844L1ZA (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹37.8 Cr and a paid-up capital of ₹36.1 Cr. It is led by directors including Carlota Gonzalez Sota and Rafael Gonzalez Sota.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 78&79 KIADB Industrialarea Kunigal, Tumkur, Karnataka, India – 572130.
As per the financials filed for FY 2025, the company reported a revenue of ₹143.7 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹65.27 Lakh (net margin 0.5%) and EBITDA of ₹3.08 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 196 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.78 Cr and satisfied charges of ₹3.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹24.61 Cr; the latest was in June 2018. Its 6 peer companies in the Agriculture industry (Fruits and Vegetables), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 2 smaller; the largest is Flex Foods Limited with revenue of ₹150.39 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indo-spanishtastyfood.com.
Company details
Contact details
Vegola India Private Limited's registered office is in Tumkur, Karnataka. Its website is indo-spanishtastyfood.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 78&79 KIADB Industrialarea Kunigal, Tumkur, Karnataka, India – 572130
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Vegola India 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
Business activity
The main business activity of Vegola India 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 Vegola India Private Limited, buy the company report.
Financials of Vegola India Private Limited
FY 2024 filings availableVegola India Private Limited reported revenue of ₹143.7 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 18% growth in the latest year. EBITDA rose 248% 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 | ₹3.08 Cr | ||||
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| Net Profit (PAT) | ₹65.27 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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| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Vegola India Private Limited, buy the company report.
Board of directors of Vegola India Private Limited
Vegola India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Carlota Gonzalez Sota | Director | 18 Jul 2023 | 3 Years 3 Months | Current |
| Rafael Gonzalez Sota | Director | 18 Jul 2023 | 3 Years 3 Months | Current |
| Shivaram Pannasa | Director | 12 Aug 2008 | 18 Years 2 Months | Current |
| Rafael Cipriano Gonzalez Lazaro | Director | 07 Oct 2003 | 23 Years 0 Months | Current |
Peer comparison
Vegola India Private Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Fruits and Vegetables), with 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 |
|---|---|---|---|---|---|---|
| Flex Foods Limited | ₹150.39 Cr (FY 2025) | 24.0% | Uttranchal, Uttarakhand, India | |||
| Farmers Bridge Food Park Private Limited | ₹150.17 Cr (FY 2025) | 310.0% | Raipur, Chhattisgarh, India | |||
| Oceanic Foods Limited | ₹147.19 Cr (FY 2025) | 34.0% | Jamnagar, Gujarat, India | |||
| Crownsmill Agro Private Limited | ₹147.01 Cr (FY 2025) | -40.0% | Jaipur, Rajasthan, India | |||
| Vegola India Private Limitedthis company | ₹143.7 Cr (FY 2025) | ₹65.27 Lakh | 0.5% | 18.0% | 196 | Tumkur, Karnataka, India |
| Indus Vegpro Private Limited | ₹130.56 Cr (FY 2025) | 27.0% | Davanagere, Karnataka, India | |||
| Pooja Dehy. Foods Pvt. Ltd | ₹127.43 Cr (FY 2025) | 21.0% | Mahuva, Gujarat, India |
To see the full peer comparison of Vegola India Private Limited, buy the company report.
Auditor
Vegola India Private Limited is audited by Phillipos & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Phillipos & Co | FY 2023 | 002650S |
Shareholding
The shareholding of Vegola India Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vegola India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2025 | 101140168 | Others | ₹31.3 Lakh | Open | |
| 18 Aug 2022 | 100603318 | Axis Bank Limited | ₹22 Cr | Open | |
| 21 Jul 2022 | 100620574 | Others | ₹28 Lakh | Open | |
| 21 Dec 2019 | 100322579 | Others | ₹9.34 Lakh | Open | |
| 21 Dec 2019 | 100322580 | Others | ₹9.34 Lakh | Open |
To see the full charge records of Vegola India Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Vegola India Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹24.61 Cr; the latest was in June 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Rafael Gonzalez Business Group Sl Seller: an individual |
| Mar 2015 | Funding round | ₹5.7 Cr | Investors: an individual |
| Feb 2012 | Funding round | ₹8.74 Cr | Investors: an individual |
| Aug 2008 | Funding round | ₹10.17 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vegola India Private Limited has 1 court case on record: 1 filed by Vegola India. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company | Pending |
To see the full case history of Vegola India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vegola India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vegola India Private Limited has a workforce of 196 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Vegola India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI2844L1ZA | Karnataka | Active | 01 Jul 2017 |
| 33AABCI2844L1ZL | Tamil Nadu | Active | 01 Nov 2017 |
To see the full GST registrations and return filing status of Vegola India Private Limited, buy the company report.
Recent activity
Vegola India Private Limited has 6 board changes on record since 2003: 4 appointments and 2 cessations. The latest: Amalia Maria Angeles Sota Calvo ceased to be Director on 17 Aug 2023.
5 earlier events are in the company report.
Frequently asked questions
Vegola India is an active private limited company based in Tumkur, Karnataka, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 07 October 2003 (23+ years old) and is registered under CIN U01513KA2003PTC032686.
Vegola India has 4 current directors:
- Carlota Gonzalez Sota - Director
- Rafael Gonzalez Sota - Director
- Shivaram Pannasa - Director
- Rafael Cipriano Gonzalez Lazaro - Director
The latest financial statements of Vegola India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vegola India is 29AABCI2844L1ZA, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AABCI2844L1ZL (Tamil Nadu).
The CIN (Corporate Identification Number) of Vegola India is U01513KA2003PTC032686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vegola India has 1 court case on record: 1 filed by the company. 1 is pending.
Vegola India was incorporated on 07 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Vegola India has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹24.61 Cr; the latest was in June 2018.
The peers of Vegola India by revenue are Flex Foods Limited, Farmers Bridge Food Park Private Limited, Oceanic Foods Limited, Crownsmill Agro Private Limited, Indus Vegpro Private Limited and 1 more, all in the Agriculture industry (Fruits and Vegetables), with the same principal business activity (food, beverages and tobacco products).
Amalia Maria Angeles Sota Calvo ceased to be Director on 17 Aug 2023. Carlota Gonzalez Sota was appointed as Director on 18 Jul 2023. Rafael Gonzalez Sota was appointed as Director on 18 Jul 2023. Vegola India has 6 board changes on record in total.
Vegola India can be reached through the website indo-spanishtastyfood.com. Its registered office is in Tumkur, Karnataka, India.
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