About White Owl Brewery Private Limited
Data last updated:
White Owl Brewery Private Limited is a private limited company based in Thane, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 25 July 2011.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55204MH2011PTC220119. Its GSTIN is 27AAQCS2089A1Z7 (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3.7 Cr and a paid-up capital of ₹2.38 Lakh. It was formerly known as Specialty Dining & Hospitality Services Private Limited. It is led by directors Javed Hanif Murad (Managing Director) and Kunjan Ravindranath Chikhlikar.
Its last annual general meeting (AGM) was held on 24 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Shop No. 01 Ronak Apartment Sai Krupa Complex Kashigaon Mira Road East, Thane, Maharashtra, India – 401107.
As per the financials filed for FY 2021, the company reported a revenue of ₹94.76 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹10.09 Cr and EBITDA of -₹9.91 Cr. Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 26% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: White Owl Brewery. As per MCA filings, the company has satisfied charges of ₹2.5 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending. The company has 12 deals on record (8 funding rounds, 4 secondary share transfers), with disclosed funding of ₹70.95 Cr; the latest was in October 2019.
The last known website on record is whiteowl.in.
Company details
Contact details
White Owl Brewery Private Limited's registered office is in Thane, Maharashtra. Its website is whiteowl.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressShop No. 01 Ronak Apartment Sai Krupa Complex Kashigaon Mira Road East, Thane, Maharashtra, India – 401107
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of White Owl Brewery 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
White Owl Brewery operates one associated brand: White Owl Brewery. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brand of beer | whiteowl.in |
Business activity
The main business activity of White Owl Brewery is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of White Owl Brewery Private Limited, buy the company report.
Financials of White Owl Brewery Private Limited
FY 2022 filings availableWhite Owl Brewery Private Limited reported revenue of ₹94.76 Lakh (down 30% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 30% fall in the latest year. EBITDA rose 47% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹94.76 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹9.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.09 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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To see the full financial statements and ratios of White Owl Brewery Private Limited, buy the company report.
Board of directors of White Owl Brewery Private Limited
White Owl Brewery has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunjan Ravindranath Chikhlikar | Director | 25 Jul 2011 | 15 Years 2 Months | As last reported |
| Javed Hanif Murad | Managing Director | 25 Jul 2011 | 15 Years 2 Months | As last reported |
Auditor
White Owl Brewery Private Limited is audited by KINZAL MAKWANA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KINZAL MAKWANA & ASSOCIATES | FY 2021 | 144343W |
Shareholding
The shareholding of White Owl Brewery Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of White Owl Brewery Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2019 | 100265126 | Others | ₹1.5 Cr | Satisfied | |
| 25 Feb 2013 | 10413273 | Axis Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of White Owl Brewery Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
White Owl Brewery Private Limited has 12 deals on record (8 funding rounds, 4 secondary share transfers), with disclosed funding of ₹70.95 Cr; the latest was in October 2019.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: 360 ONE (IIFL Asset Management), an individual Seller: 4 individuals |
| Jun 2019 | Funding round · Series B | ₹15 Cr | Investors: 360 ONE (IIFL Asset Management) |
| Mar 2019 | Funding round · Pre-Series B | ₹2.6 Cr | Investors: RPG Ventures, 3 individuals |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: 360 ONE (IIFL Asset Management) Seller: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of White Owl Brewery 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
White Owl Brewery Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Civil miscellaneous application | Filed against the company by Krome Dispense Pvt Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Avanza Marketing Solutions LLP | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 5 Mumbai | Pending |
| District court, BENGALURU, Karnataka | Court case (APPL) | Filed against the company by an individual | Disposed |
| District court, Jalandhar, Punjab | Civil suit | Filed against the company by M/S Krome Dispencse Pvt Ltd | Disposed |
To see the full case history of White Owl Brewery 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 White Owl Brewery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
White Owl Brewery Private Limited has a workforce of 4 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
White Owl Brewery has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCS2089A1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 27AAQCS2089A2Z6 | Maharashtra | Active | 20 Dec 2017 |
| 30AAQCS2089A1ZK | Goa | Active | 03 Oct 2019 |
| 07AAQCS2089A1Z9 | Delhi | Active | 04 Oct 2019 |
To see the full GST registrations and return filing status of White Owl Brewery Private Limited, buy the company report.
Recent activity
White Owl Brewery Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Kunal Bedia Sajjankumar ceased to be Director on 23 Nov 2021.
News
Frequently asked questions
White Owl Brewery is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
White Owl Brewery is a company under liquidation, formerly operating as a private limited company based in Thane, Maharashtra, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 25 July 2011 and is registered under CIN U55204MH2011PTC220119. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
White Owl Brewery has 2 current directors:
- Javed Hanif Murad - Managing Director
- Kunjan Ravindranath Chikhlikar - Director
The latest financial statements of White Owl Brewery on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 24 June 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of White Owl Brewery is U55204MH2011PTC220119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
White Owl Brewery has no open charges and satisfied charges of ₹2.5 Cr as per latest MCA filings.
White Owl Brewery has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the district courts.
White Owl Brewery was incorporated on 25 July 2011. It is registered with the Registrar of Companies, Mumbai.
White Owl Brewery has 12 deals on record (8 funding rounds, 4 secondary share transfers), with disclosed funding of ₹70.95 Cr; the latest was in October 2019.
Kunal Bedia Sajjankumar ceased to be Director on 23 Nov 2021. Amitkumar Gajendrakumar Patni ceased to be Director on 18 Oct 2019. Javed Hanif Murad ceased to be Director on 01 Nov 2011. White Owl Brewery has 5 board changes on record in total.