Best Foods Limited

Global rice and nut processing company with a wide market reach and certifications.

2003 | Chandigarh, Chandigarh (India) | Under Liquidation
Last Updated:

Best Foods Profile

Key Indicators

  • Authorised Capital ₹ 192.00 Cr
  • Paid Up Capital ₹ 191.40 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 2,943.69 Cr
  • Satisfied Charges ₹ 3,244.18 Cr
  • Revenue Growth -7.41%
  • Profit Growth -95.55%
  • Ebitda -26.10%
  • Net Worth 0.38%
  • Total Assets 2.94%

About Best Foods

Best Foods Limited (BFL) is Under Liquidation company established on 25 Mar 2003 with its office registered at Chandigarh, Chandigarh, India and has been running since 21 Year, 11 Months with a paid up capital of 191.40 Cr. According to MCA records, 5 Directors and 1 Signatories are linked to this company as of 26 Apr 2024.

Company Details

  • Location

    Chandigarh, Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bestfoodgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55109CH2003PLC025876

  • Company No.

    025876

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 2003

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Food and Beverages

What products or services does Best Foods Limited offer?

Best Foods Limited offers a wide range of products and services, including Cooking Spices and Masala, Cooking Paste, Cereals & Food Grains, Rice, Basmati Rice, Pickles, Jams & Ketchups, Sauces, Masala Mix, Cooking Pots, Biryani Cooking Pot.

Who are the key members and board of directors at Best Foods?

Executive Team (2)

NameDesignationAppointment DateStatus
Dinesh Gupta Country flag representing In Managing Director25-Mar-2003Current
Sunil Sharma CFO20-Jun-2014Current

Financial Performance of Best Foods.

Best Foods Limited, for the financial year ended 2016, experienced Minor drop in revenue, with a 7.41% decrease. The company also saw a substantial fall in profitability, with a 95.55% decrease in profit. The company's net worth moved up by a moderate rise of 0.38%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.41%
Revenue from Operations
-7.62%
Total Assets
2.94%
Profit or Loss
-95.55%
Net Worth
0.38%
EBITDA
-26.10%

What is the Ownership and Shareholding Structure of Best Foods?

In 2016, Best Foods had a promoter holding of 42.27% and a public holding of 57.73%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,943.69 Cr

Satisfied Charges

₹3,244.18 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2464.69 Cr
  • Canara Bank : 167.50 Cr
  • Central Bank Of India : 109.00 Cr
  • Others : 100.00 Cr
  • Bank Of Baroda : 50.00 Cr
  • Others : 52.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2015Tamilnad Mercantile Bank Limited₹10.00 CrOpen
28 May 2015Others₹100.00 CrOpen
23 Mar 2015Idbi Bank Limited₹35.00 CrOpen
16 Jun 2014Central Bank Of India₹109.00 CrOpen
05 Feb 2014Canara Bank₹160.00 CrOpen

How Many Employees Work at Best Foods?

Best Foods has a workforce of 3 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best Foods, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Best Foods's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Best Foods

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 100.00 Cr registered on 28 May 2015 with Charge ID 10575405 was modified on 28 Dec 2021.

    28 Dec 2021

  • Director Appointment

    Rajesh Kumar was appointed as a Additional Director was appointed as a Additional Director on 10 Oct 2017 & has been associated with this company since 7 years 4 months .

    10 Oct 2017

  • Annual General Meeting

    Best Foods Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Balance Sheet

    Best Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chandigarh.

    31 Mar 2016

  • Charges

    A charge with State Bank Of India of Rs. 1,753.72 Cr registered on 17 May 2003 with Charge ID 90178435 was modified on 21 Jan 2016.

    21 Jan 2016

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100027110 was registered on 30 Dec 2015.

    30 Dec 2015

Frequently asked questions

  • What is the Incorporation or founding date of Best Foods Limited?

    Best Foods Limited was incorporated on 25 Mar 2003.

  • What is authorized share capital and paid-up capital of Best Foods Limited?

    The authorized share capital of Best Foods Limited is ₹ 192.00 Cr and paid-up capital is ₹ 191.40 Cr.

  • Who are the current board members & directors of Best Foods Limited?

    Currently 6 directors are associated with Best Foods Limited.

    • Dinesh Gupta
    • Sunil Kumar Sharma
    • Potan Devi
    • Mohinder Pal Jindal
    • Rajesh Kumar
    • Rohit Kumar

  • What is the registered address of Best Foods Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Best Foods Limited is 2867/2 Chandigarh Housing Board Flats, Sector - 49, India, 160047.

  • What is the corporate identification number (CIN) and company number of Best Foods Limited?

    The corporate identification number (CIN) of Best Foods Limited is U55109CH2003PLC025876 and the company number is 025876 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Best Foods Limited?

    The Official website of Best Foods Limited is https://www.bestfoodgroup.com

  • What has been the recent revenue trend for Best Foods Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Best Foods Limited has fallen by -7.41%.

  • How many employees does Best Foods Limited currently have?

    As Per 2016 financial reports, 3 employees are currently employed by Best Foods Limited.

  • What change has been observed in the net worth of Best Foods Limited, and by what percentage?

    The financial reports for the fiscal year 2016 indicates that The net worth of Best Foods Limited has experienced an upsurge of 0.38%.

  • What are the total open charges for Best Foods Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Best Foods Limited amount to ₹ 2,943.69 Cr.

  • When was the last Balance Sheet of Best Foods Limited filed with the ROC?

    The most recent Balance Sheet for Best Foods Limited was filed with the ROC on 31 Mar 2016.

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