SWIGGY APPLIANCES PRIVATE LIMITED

Business Overview

• A small, unlisted, family-run private limited trading company incorporated 23 Feb 2021, headquartered in Goregaon West, Mumbai.
• Per its IndiaMART storefront (CEO listed as R.
• Kothari, contact M.
• Dewasi), it operates as a wholesaler/distributor of corporate-gifting and lifestyle items — key chains, gift boxes/gifting sets, wooden pen and phone stands, and gift pens.
• Registry aggregators classify it broadly as "Wholesale Trading", Trade group G/G1, though some auto-generated tags mislabel it as jewelry/gemstone or household-appliance retail — these appear to be classification noise rather than confirmed business lines.
• IMPORTANT DISAMBIGUATION: despite the "Swiggy" name, this entity has no confirmed connection to Bundl Technologies Pvt Ltd, the food-delivery/quick-commerce company popularly known as Swiggy, — no source ties it to that group
• It appears to be a coincidentally-named, unrelated small trading firm owned by the Kothari family. No official corporate website could be located.

Sector & Classification

Conflicting classifications across aggregators: Tofler labels it "Trading"; TheCompanyCheck labels Main Activity Group "G — Trade", Business Activity "G1 — Wholesale Trading" but also auto-tags industry as "Consumer Goods, Jewelry & Gemstone Retail & Distribution"; EMIS tags it "Household Appliance Stores". Actual listed products (IndiaMART) are corporate gifting items — key chains, gift boxes, wooden pen/phone stands, gift pens — i.e. a small B2B gifting/general-merchandise wholesaler, not appliances or jewelry specifically. Likely NIC-code auto-classification noise on a small entity; not independently verified against an official NIC filing.

Directors & Key Management

GST Registrations

Primary GSTIN: 27ABFCS5266F1Z5 — Maharashtra (state code 27) — Status: Active — Registration date: 20 April 2021 — Constitution: Private Limited Company (confirmed by 2 independent sources: KnowYourGST and MastersIndia, both agreeing on the exact GSTIN). PAN embedded in GSTIN: ABFCS5266F. Home state: Maharashtra. Number of registrations: 1 identified (no evidence found of registrations in other states, consistent with a single-location small Mumbai trading entity) — additional-state GSTINs "not obtained."

Financials

• No audited standalone/consolidated financial statement was directly accessible, paywalled on Tofler/TheCompanyCheck. Aggregator-reported figures conflict somewhat across sources and appear to reference different fiscal years:
• TheCompanyCheck: FY2024 revenue ≈ ₹18.14 Cr, down ~21% YoY.
• EMIS: net sales revenue down ~22.59% in 2024, directionally consistent with TheCompanyCheck.
• Findgst.in, snapshot dated ~June 2026, likely reflecting FY2025 data: Total Revenue -6.49% YoY, EBITDA -6.6% YoY, Net Profit +190.59% YoY, Borrowings +47.15% YoY, Assets +3.46% YoY
• Net Profit Margin 7.03%, Gross Margin 0.27, Operating Margin -0.13, ROE 7.53%, Debt-to-Equity 0.18, ROCE -2.41%.
• Absolute EBITDA, PAT, net worth and borrowings figures are NOT obtained, locked behind premium/paywalled tiers on all sources checked.
• Given the small paid-up capital (₹1 Lakh) and the nature of the business, this is a small, closely-held trading entity — figures should be treated as partial/unverified pending a primary MCA filing.

Funding History

• None found.
• No VC/PE funding rounds, investors, or capital raises identified for this entity in any source checked., Note: this small trading company is unrelated to the venture-funded food-delivery company "Swiggy"/Bundl Technologies — no funding history should be conflated between the two.

Shareholding

• Not obtained.
• No public shareholding pattern/cap-table was found on any aggregator checked.
• Given paid-up capital of only ₹1 Lakh and exactly 2 directors on record, it is plausible, but NOT confirmed by any source, that the two Kothari directors are also the company's shareholders/promoters.

Loans & Charges

• Confirmed none. TheCompanyCheck explicitly states the company "does not have any charges (loans) registered." No other source contradicted this or reported any charge/loan filing.

Related Parties

• Not obtained. No related-party transactions or group-entity disclosures were found. The two directors share the Kothari surname, possible family relationship, but no documented related-party or group structure could be verified from the sources checked.

Competitive Landscape

• Not obtained with confidence.
• This is a very small, single-location B2B wholesaler of corporate-gifting items, key chains, gift boxes, pen stands, — a long-tail, highly fragmented category with no verifiable named peer set in the reliable sources checked, Tofler/TheCompanyCheck/FalconeBiz/IndiaMART do not surface comparable-company lists for entities this small.
• Rather than invent names, note: the broad competitive set would be other small, unlisted Mumbai-area corporate-gifting/general-merchandise wholesalers and distributors listed on platforms like IndiaMART — no specific verified competitor names or scale tags could be sourced.
• This entity is NOT a competitor to, and has no relationship with, Bundl Technologies, Swiggy the food-delivery/quick-commerce platform.

Frequently Asked Questions