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Company Intelligence Profile

Food Service

Food Service (India) Pvt Ltd (FSIPL), founded 2016 by Ajay Mariwala, is a B2B food-solutions company supplying customised food ingredients/products to the HoReCa (hotels, restaurants, catering), QSR, cloud-kitchen and institutional-catering channel across India.

CIN: U15122MH2015PTC270117ActiveRoC-Mumbai, MaharashtraConfidence: medium — identity/directors/legal/overview confirmed by 2+ sources
AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

Company Identity

Confirmed
Registered nameFood Service
CINU15122MH2015PTC270117
PANAACCF7000N
StatusActive
ListingNo — unlisted private limited company
Incorporated12 November 2015
ROCRoC-Mumbai, Maharashtra
Sector (NIC)NIC 15122 (per CIN); operationally a B2B food-ingredients/HoReCa solutions supplier (seasonings, marinades, sauces, spice blends) under brands Chef's Art, Sunbay, Marimbula, Spicefield
Registered addressSolitaire Corporate Park, CJS No.131, P Village, Chakala, Building No.5, 7th Floor, Andheri-Kurla Road, Andheri (E), Mumbai 400093, Maharashtra, India
Authorized capital₹1.2 Cr (Tofler) / ₹1.22 Cr (TheCompanyCheck) — minor rounding difference between sources
Paid-up capital₹1.1 Cr

Business Overview

Confirmed
  • Food Service (India) Pvt Ltd (FSIPL), founded 2016 by Ajay Mariwala, is a B2B food-solutions company supplying customised food ingredients/products to the HoReCa (hotels, restaurants, catering), QSR, cloud-kitchen and institutional-catering channel across India
  • Per its own site: 490+ SKUs across 30+ categories, 39,970+ customers, 80+ customised solutions developed
  • Portfolio brands: Chef's Art (marinades/seasonings/coatings), Sunbay (gravies/sauces/RTE), Marimbula (syrups/frappe bases), Spicefield (spices/seasonings)
  • Source: foodserviceindia.com (official site)

Directors

Partial / conflicting
NameDINRoleAppointed
Ajay Jayasinh Mariwala00193786Managing Director30 May 2018
Jayasinh Vallabhdas Mariwala00182835Director21 Jan 2020
Mohan Jayasinh Mariwala00854497Director21 Jan 2020
Sanjay Jayasinh Mariwala01111537Director21 Jan 2020
Haresh Ram Chawla00029828Director, ex-Network18, likely independent board seat not promoter family21 Jan 2020

Financials

Partial / conflicting
  • Partial/standalone (single-CIN entity, no consolidation disclosed)
  • Revenue: TheCompanyCheck cites FY2024 revenue of ~₹240.12 Cr (17% YoY growth)
  • Tofler shows a ₹200-300 Cr revenue band with 9.25% YoY growth to FY25 — directionally consistent, not identical
  • EBITDA/PAT/net worth: not obtained (paywalled on Tofler Pro)
  • Other Tofler ratios: gross margin ~0.38, operating margin ~0.45, net profit margin ~1.17%, ROCE -16.47%, debt/equity 0.22
  • borrowings up 13.97% YoY (absolute ₹ not disclosed)
  • Employee count ~247 per TheCompanyCheck (context, not financial)

Shareholding

Partial / conflicting
  • Partial
  • Percentage cap table not obtained (Tofler shareholding tab paywalled)
  • Tofler flags Ajay Jayasinh Mariwala specifically as a "Shareholder" in addition to MD
  • the other four directors are presumed but not confirmed shareholders
  • No CCPS/CCCPS or institutional holder disclosed

Charges

Partial / conflicting
  • Partial — single-aggregator source (Tofler), not cross-verified against a second registry mirror since Falconebiz was captcha-blocked this run
  • Total open charges ≈ ₹111.6 Cr across 5 lenders, all shown open/active: HSBC ₹45.6 Cr (3 instruments, latest 23 Oct 2024, plus a ₹30 Cr facility noted Apr 2025)
  • HDFC Bank Ltd ₹26.0 Cr (2 instruments, latest 06 May 2025)
  • The Federal Bank Ltd ₹15.0 Cr (16 Nov 2024)
  • InCred Financial Services Ltd ₹10.0 Cr (09 Oct 2024)
  • Profectus Capital Pvt Ltd ₹3.0 Cr (2 instruments, latest 31 Mar 2023)

Competitors

Partial / conflicting
  • Partial/indicative (category-knowledge based, not per-company verified this run): Veeba Foodtech Pvt Ltd (sauces/condiments for QSR & HoReCa, larger VC-funded scale)
  • Kerry Group India (global flavours/seasonings major, much larger scale)
  • Griffith Foods India (seasonings/coatings for foodservice, comparable-to-larger scale)
  • Continental Foods/Continental Coffee (HoReCa beverage & food solutions, comparable scale)
  • VKL Seasoning & Spices (spices/seasoning blends for institutional/HoReCa, comparable scale)
  • Capital Foods — Ching's/Smith & Jones (adjacent branded sauces/condiments, larger consumer-facing scale)

Frequently Asked Questions

What does Food Service do?
Food Service (India) Pvt Ltd (FSIPL), founded 2016 by Ajay Mariwala, is a B2B food-solutions company supplying customised food ingredients/products to the HoReCa (hotels, restaurants, catering), QSR, cloud-kitchen and institutional-catering channel across India.
What is the CIN of Food Service?
The Corporate Identification Number (CIN) of Food Service is U15122MH2015PTC270117.
Where is Food Service registered?
Food Service is registered with RoC-Mumbai, Maharashtra. Registered address: Solitaire Corporate Park, CJS No.131, P Village, Chakala, Building No.5, 7th Floor, Andheri-Kurla Road, Andheri (E), Mumbai 400093, Maharashtra, India
When was Food Service incorporated?
Food Service was incorporated on 12 November 2015.

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.