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.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Food Service |
|---|---|
| CIN | U15122MH2015PTC270117 |
| PAN | AACCF7000N |
| Status | Active |
| Listing | No — unlisted private limited company |
| Incorporated | 12 November 2015 |
| ROC | RoC-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 address | Solitaire 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| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ajay Jayasinh Mariwala | 00193786 | Managing Director | 30 May 2018 |
| Jayasinh Vallabhdas Mariwala | 00182835 | Director | 21 Jan 2020 |
| Mohan Jayasinh Mariwala | 00854497 | Director | 21 Jan 2020 |
| Sanjay Jayasinh Mariwala | 01111537 | Director | 21 Jan 2020 |
| Haresh Ram Chawla | 00029828 | Director, ex-Network18, likely independent board seat not promoter family | 21 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)
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)
Legal
Confirmed- Confirmed via Indian Kanoon
- Recurring proceeding "Liberty Oil Mills Limited vs. Food Service (India) Private Limited," Bombay High Court, multiple listed instances (8 Jul 2025
- 3 Nov 2025
- 19 Jun 2026 per the index) — precise subject matter not detailed in available snippets
- No other litigation found for this entity
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
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