Well Grown Spices Private Limited

Well Grown Spices Private Limited - food and beverages in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U01403TG2012PTC079026 Incorporated 09 February 2012 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company food and beverages MSME · Medium
Data last updated
Revenue · FY 2024
₹37.08 Cr
▲ 223% YoY
Net profit · FY 2024
₹57.56 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹3.63 Cr
EBITDA margin 9.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹33.52 Cr
Satisfied ₹5.24 Cr
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Well Grown Spices Private Limited

Data last updated:

Well Grown Spices Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 09 February 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U01403TG2012PTC079026. Its GSTIN is 36AABCW1981E1ZC (Telangana). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Manohar Balineni (Managing Director) and Rajiv Kasukurthi.

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 Hyderabad, Telangana.

As per the financials filed for FY 2024, the company reported a revenue of ₹37.08 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹57.56 Lakh (net margin 1.6%) and EBITDA of ₹3.63 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 1% over five years.

As per MCA filings, the company has open charges of ₹33.52 Cr and satisfied charges of ₹5.24 Cr on record.

Well Grown Spices Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0042510). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wgspices.com.

Company details

CIN U01403TG2012PTC079026
Registration Number 079026
Incorporation Date 09 February 2012
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-02-0042510

CIN history

Well Grown Spices has one previous CIN (Corporate Identification Number): U01403AP2012PTC079026. The current CIN is U01403TG2012PTC079026, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U01403TG2012PTC079026Current
U01403AP2012PTC079026Previous
Key People
Manohar Balineni Managing Director Rajiv Kasukurthi Director

Recognitions & Rankings of Well Grown Spices

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-TS-02-0042510

Contact details

Well Grown Spices Private Limited's registered office is in Hyderabad, Telangana. Its website is wgspices.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    wgspices.com
  • Registered Address
    # 8 – 2 – 293/174/A/6 Plot No 23 Bn Reddy Colony, Road No 14 Banjarahills, Hyderabad, Telangana, India – 500034
  • Industry
    Food and Beverages, Food & Beverage Retail & Distribution

To see the full contact details of Well Grown Spices Private Limited, buy the company report.

Comprehensive company report
Well Grown Spices 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 Well Grown Spices is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Well Grown Spices Private Limited, buy the company report.

Financials of Well Grown Spices Private Limited

FY 2024 filings available

Well Grown Spices Private Limited reported revenue of ₹37.08 Cr (up 223% YoY) for FY 2024.

Revenue · FY 2024
₹37.08 Cr ▲ 223%
Net profit · FY 2024
₹57.56 Lakh margin 1.6%
EBITDA · FY 2024
₹3.63 Cr margin 9.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 223%
3 years · compounded
▼ 33%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 8%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 223% growth in the latest year. EBITDA rose 39% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹3.63 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹57.56 Lakh
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.8%
Net Profit Margin1.6%
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 Well Grown Spices Private Limited, buy the company report.

Board of directors of Well Grown Spices Private Limited

Well Grown Spices has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajiv KasukurthiDirector19 Nov 20169 Years 11 MonthsCurrent
Manohar Balineni
Also directs: Sigra Projects Private Limited
Managing Director09 Feb 201214 Years 8 MonthsCurrent
View all directors

Auditor

Well Grown Spices Private Limited is audited by RAJSEKHARA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAJSEKHARA & ASSOCIATESFY 2023011714S

Shareholding

The shareholding of Well Grown Spices 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Well Grown Spices Private Limited, buy the company report.

Charges & borrowings

Open charges
₹33.52 Cr
Satisfied charges
₹5.24 Cr
Breakdown by lending institutions
State Bank of India₹23.62 Cr
Others₹8.00 Cr
Hdfc Bank Limited₹1.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jun 2025101125938Hdfc Bank Limited₹85.83 LakhOpen
27 Dec 2024101032307Others₹8 CrOpen
11 Sep 2024100978500State Bank of India₹2 CrOpen
22 Dec 2022100701098State Bank of India₹3 CrOpen
12 Mar 2022100575969Hdfc Bank Limited₹1.05 CrOpen

To see the full charge records of Well Grown Spices Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Well Grown Spices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Well Grown Spices has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
36AABCW1981E1ZCTelanganaActive01 Jul 2017
37AABCW1981E1ZAAndhra PradeshActive18 Dec 2019

To see the full GST registrations and return filing status of Well Grown Spices Private Limited, buy the company report.

Recent activity

Well Grown Spices Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Vijayakumar Balineni ceased to be Director on 08 Feb 2023.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.86 Cr with Charge ID 101125938 was registered on 13 Jun 2025.
Charges
A charge with State Bank Of India of Rs. 18.33 Cr registered on 30 Nov 2018 with Charge ID 100234121 was modified on 08 Jan 2025.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 101032307 was registered on 27 Dec 2024.
AGM
Well Grown Spices Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 2.00 Cr with Charge ID 100978500 was registered on 11 Sep 2024.
Filing
Well Grown Spices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Vijayakumar Balineni ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 3.00 Cr with Charge ID 100701098 was registered on 22 Dec 2022.
Charges
A charge registered on 15 Jul 2021 via Charge ID 100494258 with Hdfc Bank Limited was fully satisfied on 06 May 2022.
Charges
A charge registered on 27 Dec 2016 via Charge ID 100097691 with Hdfc Bank Limited was fully satisfied on 06 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.05 Cr with Charge ID 100575969 was registered on 12 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100494258 was registered on 15 Jul 2021.

9 earlier events are in the company report.

Frequently asked questions

Well Grown Spices is an active private limited company based in Hyderabad, Telangana, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 09 February 2012 (14+ years old) and is registered under CIN U01403TG2012PTC079026.

Well Grown Spices has 2 current directors:

The latest financial statements of Well Grown Spices 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 Well Grown Spices is 36AABCW1981E1ZC, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AABCW1981E1ZA (Andhra Pradesh).

The CIN (Corporate Identification Number) of Well Grown Spices is U01403TG2012PTC079026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Well Grown Spices was incorporated on 09 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.

Vijayakumar Balineni ceased to be Director on 08 Feb 2023. Yalla Prabhakar ceased to be Director on 15 Mar 2021. Chittineni Tirumala Babu ceased to be Director on 27 Mar 2017. Well Grown Spices has 6 board changes on record in total.

Yes, Well Grown Spices is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0042510).

Well Grown Spices can be reached through the website wgspices.com. Its registered office is in Hyderabad, Telangana, India.

The registered office of Well Grown Spices is at # 8 – 2 – 293174A6 Plot No 23 Bn Reddy Colony, Road No 14 Banjarahills, Hyderabad, Telangana, India – 500034.