Company Intelligence Profile
Bajo Foods Private Limited
Bajo Foods Pvt Ltd is the operating/legal entity behind the "Lo!
Last updated 10 August 2026
Bajo Foods Private Limited operates the "Lo! Foods" D2C health-food brand, offering low-carb, keto, and functional Indian staples. The company reported revenue of Rs 23.64 Cr in FY2024, marking a 61% year-over-year growth. Bajo Foods sells its products through platforms like Amazon, BigBasket, and its own website, and is recognized as a DPIIT startup.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Bajo Foods Private Limited |
|---|---|
| CIN | U15100KA2018PTC116131 |
| PAN | AAHCB9880B |
| Status |
|
| Listing | Not listed (private limited company) |
| Incorporated | 07 September 2018 |
| ROC | RoC Bangalore / Karnataka |
| Sector (NIC) |
|
| Registered address | No 48/2C-C1, Hosapalya, Garvebhavipalya, Bengaluru, Karnataka, India – 560068 |
| Authorized capital | ₹30.0 Lakh |
| Paid-up capital | Conflicting: Tofler shows ₹10.01 Lakh |
Business Overview
- Bajo Foods Pvt Ltd is the operating/legal entity behind the "Lo!
- Foods" D2C health-food brand (live site: lofoods.fit — the older lofoods.com domain is now parked/for-sale on GoDaddy)
- Lo!
- Foods makes low-carb/keto and functional versions of everyday Indian staples across four sub-brands: **Lo!
- Foods** (keto flours, cookies, snacks, murukku/mixture, sugar-free chocolate), **Protein Chef** (high-protein breads/bakery), **Gluten Smart** (gluten-free alternatives) and **DiabeSmart** (diabetes-friendly products)
- Sold via own site plus Blinkit, Swiggy Instamart, Zepto, Zomato, Amazon and BigBasket
- DPIIT-recognised startup
- ~59 employees as of Mar 2024
- Auditor: Vasanth and Co
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Jitesh Nautamlal Shah | 02132659 | Director & Shareholder | 07-Sep-2018 |
| Sudarshan Gangrade | 08218160 | Director & Shareholder | 07-Sep-2018 |
| Tiny Philip | 02146092 | Nominee Director | - |
Financials
For FY2024, Bajo Foods Private Limited reported a revenue of ₹23.64 Cr, reflecting a 61% year-over-year increase, with a Debt/Equity ratio of 5.09 and a Net Profit Margin of 8.01%.
- Partial/conflicting, both from Tofler (paywalled beyond ratios) and TheCompanyCheck: TheCompanyCheck reports **FY2024 revenue ₹23.64 Cr (+61% YoY)**, balance-sheet date 31-Mar-2025
- Tofler separately shows an operating-revenue band of "₹1cr–100cr for FY ending 31-Mar-2024" with a noted 97.23% revenue increase, and ratios: Debt/Equity 5.09, Net Profit Margin 8.01%, Operating Margin 9.35%, Gross Margin -2.96, ROCE -42.46%
- EBITDA, PAT and net worth in absolute rupee terms are locked behind Tofler Pro / TheCompanyCheck premium and were not obtained
- Standalone vs consolidated basis not stated by either source (company has no subsidiaries disclosed, so likely standalone)
Charges
- Confirmed by both Tofler ("the company has no registered charges") and TheCompanyCheck ("Open Charges: None")
- Per the standard caveat, this means no *open* charges — historical/satisfied charges, if any, are not visible on these free views
Competitors
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