COMPANY INTELLIGENCE PROFILE

Ekam Ultra Farms Private Limited

Bengaluru-based D2C organic/naturoponic fresh-produce brand operating as "Gourmet Garden," selling farm-fresh vegetables, fruits, leafy greens and gourmet groceries online.

Active (Private, unlisted)Unlisted / private limited companyRoC-Bangalore (Karnataka)
AI Overview Generating…

Gourmet Garden is a Bengaluru-based direct-to-consumer brand focused on organic and naturoponic fresh produce, including vegetables, fruits, and gourmet groceries, offered online. Incorporated on November 28, 2018, the company uses a unique pesticide-free and non-GMO farming method. Serving Bengaluru and Chennai, it recorded revenue of approximately Rs 76.24 crore in FY2025, achieving a 65% year-over-year growth. Despite its growth, the company is currently loss-making with an operating margin of -1.08%.

AI-generated, may contain errors.

Business Overview

  • Operates the "Gourmet Garden" brand, gourmetgarden.in, — an online retailer of premium organic groceries and fresh produce: vegetables, fruits, leafy greens, spices, staples, dry fruits, breads, cheese and dairy.
  • Markets a proprietary "Naturoponic" soil-less/RO-water farming method with same-day harvest, pesticide-free, non-GMO produce and biodegradable packaging.
  • Serves Bengaluru and Chennai, has also referenced Mumbai/Hyderabad.
  • Also listed on IndiaMart as a wholesaler of vegetables/gift hampers.
  • Source: Tracxn, YourStory, company/brand pages, IndiaMart.
  • Note: gourmetgarden.in returned 402/appeared non-functional as of early-mid 2026 though the business is reported still operating.

Sector & Classification

Agriculture & allied — Growing of crops, market gardening, horticulture (NIC Division 01)

Directors & Key Management

Directors — source notes

Arjun Balaji — DIN 08587126 (Whole-Time/Additional Director, appointed 06 Nov 2019); Pramod Vankalapaty Prasad — DIN 09835808 (Director, appointed 24 Dec 2022); Nithya Venkataraman — DIN 08005406 (Director, on board since incorporation 28 Nov 2018). DINs from Falconebiz + Tofler (2-source agreement for Arjun & Pramod; Nithya's DIN from Tofler). Founders reported as Vishal Narayanaswamy and Arjun Balaji (Tracxn).

GST Registrations

Primary/home-state GSTIN: 29AAFCE2765E1ZL (Karnataka, state code 29) — Active, Regular; GST reg. date 01 Jan 2019 (KnowYourGST). Second GSTIN: 33AAFCE2765E1ZW (Tamil Nadu). PAN: AAFCE2765E. KnowYourGST indicates registrations across three states under this PAN (third state not obtained). Home state: Karnataka.

Financials

AI Overview Generating…

Ekam Ultra Farms Private Limited's revenue jumped from Rs 46.1 Cr in FY2024 to Rs 76.24 Cr in FY2025, a 65% increase. However, the company is loss-making with an operating margin of -1.08% and a net profit margin of -1.29%, alongside a ROCE of -45.87% and rising borrowings by 96.9%.

AI-generated, may contain errors.

Standalone, unlisted, MCA/aggregator data.
FY2024, ended 31 Mar 2024Revenue ~Rs 46.1 Cr, RegisterKaro; ~413% 5-yr CAGR.
FY2025, ended 31 Mar 2025Revenue ~Rs 76.24 Cr, +65% YoY, TheCompanyCheck; Tofler bands it Rs 75-100 Cr, — the 46->76 progression is internally consistent.
Profitability, Tofler, FY Mar 2025Operating margin -1.08%, Net profit margin -1.29% (loss-making), Gross margin 5.11%, ROCE -45.87%, Debt-to-Equity 0.74
Borrowings up~96.9%, book net worth down ~108%, assets down ~18.26%. EBITDA/PAT/net-worth absolute figures: not obtained (behind paywall). Consolidated vs standalone: figures appear standalone.

Funding History

  • ~US$9.66M across ~9 rounds (Tracxn); Seed US$419K Aug 2019; Pre-Series A; Series A ~US$539K Sep 2024

Shareholding

AI Overview Generating…

Ekam Ultra Farms Private Limited is held by founders Vishal Narayanaswamy and Arjun Balaji, alongside venture investors. Detailed shareholding patterns and cap-table percentages are not disclosed.

AI-generated, may contain errors.

  • Held by founders, Vishal Narayanaswamy, Arjun Balaji, and venture investors; detailed shareholding pattern and cap-table percentages not obtained.

Loans & Charges

  • CONFLICT / partial: TheCompanyCheck reports open charges ~Rs 8 Cr and satisfied charges ~Rs 9.29 Cr, indicating secured lending
  • Tofler states no registered charges identified. Lender names and charge IDs not obtained. Treat as partial pending a primary charge filing.

Competitive Landscape

  • Otipy, Deep Rooted, Simpli Namdhari's, Farmizen, Two Brothers Organic Farms, 24 Mantra Organic

Frequently Asked Questions

What does the company do?

The company operates as 'Gourmet Garden,' a Bengaluru-based direct-to-consumer brand. It specializes in organic and naturoponic fresh produce, selling farm-fresh vegetables, fruits, leafy greens, and gourmet groceries online.

What is the company's Corporate Identity Number (CIN)?

The company's CIN is U01100KA2018PTC118913.

What is the company's GSTIN?

The primary GSTIN for Karnataka is 29AAFCE2765E1ZL, which is active and regular with a registration date of 01 Jan 2019. The secondary GSTIN for Tamil Nadu is 33AAFCE2765E1ZW.

When was the company incorporated?

The company was incorporated on 28 November 2018.

What is the address of the registered office?

The registered office is located at 1st Floor, Gopala Krishna Complex, 45/3, Residency Road, MG Road, Shanthala Nagar, Bengaluru, Karnataka 560025.

Sources

Falconebiz (registry, DINs, capital); Tofler (identity, PAN, directors, FY25 ratios); TheCompanyCheck (status, FY25 revenue, charges); KnowYourGST (GSTIN 29AAFCE2765E1ZL); Piceapp (GSTIN 33AAFCE2765E1ZW); RegisterKaro (FY24 revenue); Tracxn/TechStory/YourStory (funding); Khaitan Legal (fund-raise advisory); Indian Kanoon (legal — nil); LEI Lookup / India LEI (254900K6O9UA63515O68); gourmetgarden.in (brand/website).

Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.