Company Intelligence Profile
Bajo Foods Private Limited
Bajo Foods Pvt Ltd is the operating/legal entity behind the "Lo!
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Bajo Foods Private Limited |
|---|---|
| CIN | U15100KA2018PTC116131 |
| PAN | AAHCB9880B (Tofler, TheCompanyCheck agree) |
| Status | Active, compliant (Tofler: "Active", updated 26 Jun 2026; TheCompanyCheck: "Active Compliant"). Not listed. |
| Listing | Not listed (private limited company) |
| Incorporated | 07 September 2018 (Tofler, TheCompanyCheck agree) |
| ROC | RoC Bangalore / Karnataka (Tofler, TheCompanyCheck agree) |
| Sector (NIC) | Food & Beverages — instant/ready-to-eat and bakery products; NIC bucket "Manufacturing of Food Products" (Tofler) |
| Registered address | No 48/2C-C1, Hosapalya, Garvebhavipalya, Bengaluru, Karnataka, India – 560068 (Tofler, TheCompanyCheck agree) |
| Authorized capital | ₹30.0 Lakh (Tofler, TheCompanyCheck agree) |
| Paid-up capital | Conflicting: Tofler shows ₹10.01 Lakh; TheCompanyCheck shows ₹13.87 Lakh (likely a capital increase between filings — dates not disaggregated by either source). Reported as partial due to conflict. |
Business Overview
Confirmed- 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 (per TheCompanyCheck)
- ~59 employees as of Mar 2024 (TheCompanyCheck)
- Auditor: Vasanth and Co (FY2023, per TheCompanyCheck)
Directors
ConfirmedConfirmed identically by Tofler and TheCompanyCheck: (1) Jitesh Nautamlal Shah — Director/Shareholder, DIN 02132659, appointed 07-Sep-2018 (~8 yr tenure); (2) Sudarshan Gangrade — Director/Shareholder, DIN 08218160, appointed 07-Sep-2018 (~8 yr tenure), also contact person (sudarshan@bajofoods.com); (3) Tiny Philip — Nominee Director, DIN 02146092, appointed 18-May-2023 (~3 yr tenure). No resigned directors surfaced. Last AGM: 30-Sep-2024 (Tofler) / 30-Sep-2025 (TheCompanyCheck) — dates conflict slightly, likely consecutive-year AGMs each source captured at different crawl times.
Financials
Partial / conflicting- 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% (period for these ratios not explicitly dated by Tofler, so may not be strictly FY24 — flagged as a possible source/period conflict)
- 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- 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
Partial / conflicting- Inferred from category positioning (not a registry-sourced fact): Slurrp Farm (kids/functional foods, similar D2C scale), Yogabar (health-snacking, larger scale ~₹150-250 Cr revenue band), True Elements (breakfast/health foods, similar-to-larger scale), RiteBite Max Protein (protein snacking, comparable/larger scale), NourishYou (health foods, comparable scale), OZiva (nutrition/wellness D2C, larger scale)
- Lo Foods itself sits at a smaller/early-growth D2C scale (~₹20-25 Cr FY24 revenue per TheCompanyCheck) relative to several of these peers
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