Terraserve Foods Private Limited

Food processing company specializing in spices and masala products under 'Dhruti' brand.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Terraserve Foods Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 8 Year, 16 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.38 Cr
  • Satisfied Charges ₹ 3.10 Cr
  • Revenue Growth 21.88%
  • Profit Growth 164.53%
  • Ebitda 95.63%
  • Net Worth 41.79%
  • Total Assets 37.85%

About Terraserve Foods

Terraserve Foods Private Limited (TFPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 January 2017 (Eight years 16 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹12.38 Cr. The company has closed loans amounting to ₹3.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajanna Surendra and Kalegowda Shesha serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    dhrutimasala.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15209KA2017PTC099462

  • Company No.

    099462

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Food and Beverages

What products or services does Terraserve Foods Private Limited offer?

Terraserve Foods Private Limited offers a wide range of products and services, including Cooking Spices and Masala, Masala Powder, Masala Mix, Chilli Powder, Seed Spices, Cereals & Food Grains, Flours, Whole Spices, Seeds and Plant Saplings, Mustard Seeds.

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

Executive Team (1)

Name Designation Appointment Date Status
Rajanna Surendra Country flag representing In Managing Director 27-Jan-2017 Current

Board Members (1)

Name Designation Appointment Date Status
Kalegowda Shesha Country flag representing In Whole-Time Director 03-Feb-2017 Current

Financial Performance of Terraserve Foods.

Terraserve Foods Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.88% increase. The company also saw a substantial improvement in profitability, with a 164.53% increase in profit. The company's net worth Soared by an impressive increase of 41.79%.

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
21.88%
Revenue from Operations
22.19%
Total Assets
37.85%
Profit or Loss
164.53%
Net Worth
41.79%
EBITDA
95.63%

What is the Ownership and Shareholding Structure of Terraserve Foods?

In 2023, Terraserve Foods had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.38 Cr

Satisfied Charges

₹3.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.38 Cr

Latest Charge Details

Date Lender Amount Status
19 Mar 2024 Others ₹11.70 Cr Open
06 Feb 2019 Others ₹6.80 M Open
16 Jul 2021 Axis Bank Limited ₹1.00 Cr Satisfied
16 Mar 2020 Axis Bank Limited ₹2.10 Cr Satisfied

How Many Employees Work at Terraserve Foods?

Terraserve Foods has a workforce of 42 employees as of Apr 07, 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 Terraserve 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 Terraserve 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 Terraserve Foods

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 11.70 Cr registered on 19 Mar 2024 with Charge ID 100893706 was modified on 05 Jul 2024.

    05 Jul 2024

  • Charges

    A charge registered on 16 Mar 2020 via Charge ID 100331146 with Axis Bank Limited was fully satisfied on 28 May 2024.

    28 May 2024

  • Charges

    A charge with Others amounted to Rs. 11.70 Cr with Charge ID 100893706 was registered on 19 Mar 2024.

    19 Mar 2024

  • Charges

    A charge registered on 16 Jul 2021 via Charge ID 100460342 with Axis Bank Limited was fully satisfied on 11 Oct 2023.

    11 Oct 2023

  • Annual General Meeting

    Terraserve Foods Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Terraserve Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Terraserve Foods Private Limited was incorporated on 27 Jan 2017.

  • The authorized share capital of Terraserve Foods Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Terraserve Foods Private Limited.

    • Rajanna Surendra
    • Kalegowda Shesha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Terraserve Foods Private Limited is Plot No. 9/4 Yerrappa Industrial Area Channenahalli, Seegehalli Road Tavareke Re Hobli India, Bangalore, Karnataka, 562130.

  • The corporate identification number (CIN) of Terraserve Foods Private Limited is U15209KA2017PTC099462 and the company number is 099462 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Terraserve Foods Private Limited is https://www.dhrutimasala.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Terraserve Foods Private Limited has risen by 21.88%.

  • As Per 2023 financial reports, 42 employees are currently employed by Terraserve Foods Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Terraserve Foods Private Limited has experienced an upsurge of 41.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Terraserve Foods Private Limited amount to ₹ 12.38 Cr.

  • The most recent Balance Sheet for Terraserve Foods Private Limited was filed with the ROC on 31 Mar 2023.

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