Eastern Condiments Profile
Key Indicators
- Authorised Capital ₹ 59.00 Cr
- Paid Up Capital ₹ 9.66 Cr
- Company Age 35 Year, 6 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 616.37 Cr
- Revenue Growth -4.23%
- Profit Growth -33.94%
- Ebitda -36.13%
- Net Worth 15.44%
- Total Assets 7.55%
About Eastern Condiments
Eastern Condiments Private Limited (ECPL) is Amalgamated company established on 17 Aug 1989 with its office registered at Bangaluru, Karnataka, India and has been running since 35 Year, 6 Months with a paid up capital of 9.66 Cr. According to MCA records, 5 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15499KA1989PTC153490
- Company No.
005449
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Aug 1989
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Food and Beverages
What products or services does Eastern Condiments Private Limited offer?
Eastern Condiments Private Limited offers a wide range of products and services, including Pickles, Jams & Ketchups, Pickles, Cooking Spices and Masala, Masala Mix, Whole Spices, Seed Spices, Ready to Eat & Instant Food Mixes, Ready to Eat Food, Masala Powder, Snacks and Namkeen.
Who are the key members and board of directors at Eastern Condiments?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ragee Raju  | Company Secretary | 01-Oct-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Sharma | Director | 31-Mar-2021 | Current |
| Navas Meeran | Whole-Time Director | 01-Oct-2004 | Current |
Claes Wilhelmsson  | Director | 31-Mar-2021 | Current |
| Feroz Meeran | Director | 30-Sep-2005 | Current |
| Ankur Bhaumik | Director | 31-Mar-2021 | Current |
Financial Performance of Eastern Condiments.
Eastern Condiments Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.23% decrease. The company also saw a substantial fall in profitability, with a 33.94% decrease in profit. The company's net worth Soared by an impressive increase of 15.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Eastern Condiments?
In 2021, Eastern Condiments had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nanma Properties LimitedNavas Meeran and Feroz Meeran are mutual person
Eastea Chai Private LimitedNavas Meeran and Feroz Meeran are mutual person
Eastern Treads LimitedNavas Meeran is a mutual person
Rasoi Magic Foods (India) Private LimitedSanjay Sharma and Ankur Bhaumik are mutual person
Orkla India Private LimitedSanjay Sharma and Claes Wilhelmsson are mutual person
Eastern Mattresses Private LimitedNavas Meeran and Feroz Meeran are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹616.37 Cr
Charges Breakdown by Lending Institutions
- Others : 213.98 Cr
- Icici Bank Limited : 101.43 Cr
- Citi Bank N.A. : 73.00 Cr
- Standard Chartered Bank : 68.00 Cr
- The Federal Bank Limited : 48.82 Cr
- Others : 111.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2019 | Others | ₹23.98 Cr | Satisfied |
| 30 Sep 2019 | Others | ₹30.00 Cr | Satisfied |
| 22 Jun 2018 | Standard Chartered Bank | ₹33.00 Cr | Satisfied |
| 31 Aug 2016 | Others | ₹20.00 Cr | Satisfied |
| 02 Jul 2016 | The Hongkong And Shanghai Banking Corporation Limited | ₹20.00 Cr | Satisfied |
How Many Employees Work at Eastern Condiments?
Eastern Condiments has a workforce of 2062 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Eastern Condiments, 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 Eastern Condiments's trajectory.
Rating
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
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 Eastern Condiments
Recent activity within the organization
- Charges
A charge registered on 21 Nov 2019 via Charge ID 100314835 with Others was fully satisfied on 30 Mar 2023.
- Charges
A charge registered on 30 Sep 2019 via Charge ID 100297477 with Others was fully satisfied on 16 Nov 2022.
- Annual General Meeting
Eastern Condiments Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Eastern Condiments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
- Charges
A charge registered on 22 Jun 2018 via Charge ID 100185435 with Standard Chartered Bank was fully satisfied on 04 Oct 2021.
- Charges
A charge registered on 22 Sep 2011 via Charge ID 10310783 with Citi Bank N.A. was fully satisfied on 29 Sep 2021.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Eastern Condiments Private Limited?
Eastern Condiments Private Limited was incorporated on 17 Aug 1989.
What is authorized share capital and paid-up capital of Eastern Condiments Private Limited?
The authorized share capital of Eastern Condiments Private Limited is ₹ 59.00 Cr and paid-up capital is ₹ 9.66 Cr.
Who are the current board members & directors of Eastern Condiments Private Limited?
Currently 6 directors are associated with Eastern Condiments Private Limited.
- Navas Manalumparayil Meeran
- Feroz Meeran
- Sanjay Sharma
- Claes Johan Wilhelmsson
- Ragee Raju
- Ankur Kumar Bhaumik
What is the registered address of Eastern Condiments Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Eastern Condiments Private Limited is No.1 2Nd And 3Rd Floor 100 Feet Inner Ring Road Ejipura Ashwini Layout, Vivek Nagar India, Bangalore, Karnataka, 560047.
What is the corporate identification number (CIN) and company number of Eastern Condiments Private Limited?
The corporate identification number (CIN) of Eastern Condiments Private Limited is U15499KA1989PTC153490 and the company number is 005449 as per Ministry of Corporate Affairs (MCA).
What is the official website of Eastern Condiments Private Limited?
The Official website of Eastern Condiments Private Limited is https://www.eastern.in
What has been the recent revenue trend for Eastern Condiments Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Eastern Condiments Private Limited has fallen by -4.23%.
How many employees does Eastern Condiments Private Limited currently have?
As Per 2022 financial reports, 2062 employees are currently employed by Eastern Condiments Private Limited.
What change has been observed in the net worth of Eastern Condiments Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Eastern Condiments Private Limited has experienced an upsurge of 15.44%.
When was the last Balance Sheet of Eastern Condiments Private Limited filed with the ROC?
The most recent Balance Sheet for Eastern Condiments Private Limited was filed with the ROC on 31 Mar 2022.
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