
About Walko QSR Company Private Limited
Data last updated:
Walko QSR Company Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Walko Food Company Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 05 July 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U55204MH2013PTC245264. Its GSTIN is 27AABCW4043P1ZX (Maharashtra). The company held 10 GST registrations, all of them active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹26.25 Lakh. It was led by directors including Neeraj Garg and Jeetendra Kailash Bhandari.
Its last annual general meeting (AGM) was held on 11 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 701 B Churchgate Chambers 5 New Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹206.31 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹39.88 Cr (net margin -19.3%) and EBITDA of -₹32.99 Cr (EBITDA margin -16%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 67% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
The company was associated with 4 brands: Grameen Kulfi, Cafe Chokolade, Walko QSR and NIC Ice Creams. As per MCA filings, the company had open charges of ₹22.21 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 3 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.59 Cr; the latest was in June 2021.
The last known website on record is walkofood.com.
Company details
Contact details
Walko QSR Company Private Limited's registered office is in Mumbai, Maharashtra. Its website is walkofood.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address701 B Churchgate Chambers 5 New Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Walko QSR Company 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
Walko QSR Company operates multiple associated brands including Grameen Kulfi, Cafe Chokolade, and Walko QSR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers authentic Indian kulfi made in villages directly to customers. | grameenkulfi.com | |
| Operates a chain of restaurants focused on ice creams and beverages. | cafechokolade.com | |
| Brand of ice creams, kulfis, frozen desserts, and thick shakes | walkofood.com | |
| NIC Ice Creams is recognized for crafting premium, artisanal ice creams with real ingredients. | nicicecreams.com |
Business activity
The main business activity of Walko QSR Company 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 Walko QSR Company Private Limited, buy the company report.
Financials of Walko QSR Company Private Limited
FY 2024 filings availableWalko QSR Company Private Limited reported revenue of ₹206.31 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 21% growth in the latest year. EBITDA fell 55% 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 | -₹32.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39.88 Cr | ||||
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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 | -16% | ||||
| Net Profit Margin | -19.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Walko QSR Company Private Limited, buy the company report.
Board of directors of Walko QSR Company Private Limited
Walko QSR Company 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 |
|---|---|---|---|---|
| Neeraj Garg | Director | 21 Feb 2014 | 12 Years 8 Months | As last reported |
| Jeetendra Kailash Bhandari | Director | 05 Jul 2013 | 13 Years 4 Months | As last reported |
| Sanjiv Indar Shah Also directs: Inspros Engineers Ltd, Walko Frozen Foods Private Limited, Scoop Some More Private Limited and 5 more | Director | 05 Jul 2013 | 13 Years 4 Months | As last reported |
Auditor
Walko QSR Company Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUN | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Walko QSR Company Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Walko QSR Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2014 | 10515213 | Others | ₹22.21 Cr | Open |
To see the full charge records of Walko QSR Company Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Walko QSR Company Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.59 Cr; the latest was in June 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Walko Food Company Private Limited Seller: 2 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Walko Food Company Private Limited Seller: an individual |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: Walko Food Company Private Limited Seller: an individual |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: Walko Food Company Private Limited Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Walko Food Company Private Limited Seller: an individual |
To see the full deal history of Walko QSR Company Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Walko QSR Company Private Limited has 6 court cases on record: 2 filed by Walko QSR Company, 4 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sonepat, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Messrs Nazia Foods India Etc | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Nazia Foods India and 1 other | Pending |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by L.A G/South/ Ward (Health Department) | Disposed |
To see the full case history of Walko QSR Company 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 Walko QSR Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Walko QSR Company Private Limited has a workforce of 1 employees on its EPFO records as of Sep 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 1 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Walko QSR Company Private Limited, buy the company report.
GST
Walko QSR Company has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW4043P1ZX | Maharashtra | Active | 01 Jul 2017 |
| 23AABCW4043P1Z5 | Madhya Pradesh | Active | 18 Sep 2018 |
| 06AABCW4043P1Z1 | Haryana | Active | 30 Nov 2018 |
| 03AABCW4043P1Z7 | Punjab | Active | 22 Feb 2019 |
To see the full GST registrations and return filing status of Walko QSR Company Private Limited, buy the company report.
Recent activity
Walko QSR Company Private Limited has 9 board changes on record since 2013: 6 appointments and 3 cessations. The latest: Rajendra Kailash Bhandari ceased to be Director on 01 Jan 2023.
2 earlier events are in the company report.
News
Frequently asked questions
Walko QSR Company has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Walko QSR Company was a private limited company based in Mumbai, Maharashtra, India. The company worked in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 05 July 2013 and is registered under CIN U55204MH2013PTC245264. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Walko QSR Company was incorporated on 05 July 2013. It is registered with the Registrar of Companies, Mumbai.
Walko QSR Company had 3 directors:
- Neeraj Garg - Director
- Jeetendra Kailash Bhandari - Director
- Sanjiv Indar Shah - Director
The CIN (Corporate Identification Number) of Walko QSR Company is U55204MH2013PTC245264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Walko QSR Company is at 701 B Churchgate Chambers 5 New Marine Lines, Mumbai, Maharashtra, India – 400020.
Walko QSR Company can be reached through the website walkofood.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Walko QSR Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 11 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Walko QSR Company is 27AABCW4043P1ZX, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 23AABCW4043P1Z5 (Madhya Pradesh), 06AABCW4043P1Z1 (Haryana), 03AABCW4043P1Z7 (Punjab).
Walko QSR Company operated in the travel and hospitality industry, in the restaurants and dining services segment.

