Agritech Industries Private Limited

Trading cotton bales, seeds, and castor oil since 2016 in Ahmedabad, Gujarat.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Agritech Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 45.20 Cr
  • Revenue Growth -59.80%
  • Profit Growth -61.27%
  • Ebitda -50.63%
  • Net Worth 8.80%
  • Total Assets 20.29%

About Agritech Industries

Agritech Industries Private Limited (AIPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 July 2016 (Eight years and seven months 22 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹45.20 Cr.

Kirankumar Patel and Mitalben Navnitkumar serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    agritecindustries.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299GJ2016PTC092806

  • Company No.

    092806

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture

Who are the key members and board of directors at Agritech Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Kirankumar Patel Country flag representing In Additional Director 01-Feb-2022Current
Mitalben Navnitkumar Country flag representing In Director 01-Sep-2018Current

Financial Performance of Agritech Industries.

Agritech Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.8% decrease. The company also saw a substantial fall in profitability, with a 61.27% decrease in profit. The company's net worth moved up by a moderate rise of 8.8%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-59.80%
Revenue from Operations
-60.30%
Total Assets
20.29%
Profit or Loss
-61.27%
Net Worth
8.80%
EBITDA
-50.63%

What is the Ownership and Shareholding Structure of Agritech Industries?

In 2023, Agritech Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.20 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Kalupur Commercial Co-Operative Bank Limited : 40.20 Cr
  • Axis Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jun 2023Axis Bank Limited₹5.00 CrOpen
22 Feb 2019The Kalupur Commercial Co-Operative Bank Limited₹40.10 CrOpen
22 Feb 2019The Kalupur Commercial Co-Operative Bank Limited₹1.00 MOpen

How Many Employees Work at Agritech Industries?

Unlock and access historical data on people associated with Agritech Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Agritech Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Agritech Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Agritech Industries

Recent activity within the organization

  • Annual General Meeting

    Agritech Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100741207 was registered on 08 Jun 2023.

    08 Jun 2023

  • Balance Sheet

    Agritech Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Kirankumar Sankabhai Patel was appointed as a Additional Director was appointed as a Additional Director on 01 Feb 2022 & has been associated with this company since 3 years 24 days .

    01 Feb 2022

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 40.10 Cr registered on 22 Feb 2019 with Charge ID 100244639 was modified on 13 Mar 2020.

    13 Mar 2020

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100244640 was registered on 22 Feb 2019.

    22 Feb 2019

Frequently asked questions

  • Agritech Industries Private Limited was incorporated on 05 Jul 2016.

  • The authorized share capital of Agritech Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Agritech Industries Private Limited.

    • Kirankumar Sankabhai Patel
    • Mitalben Patel Navnitkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Agritech Industries Private Limited is 6 New Karnawati Society B/H Lalbunglow Off. C G Road, India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Agritech Industries Private Limited is U17299GJ2016PTC092806 and the company number is 092806 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Agritech Industries Private Limited is https://www.agritecindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Agritech Industries Private Limited has fallen by -59.80%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Agritech Industries Private Limited has experienced an upsurge of 8.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Agritech Industries Private Limited amount to ₹ 45.20 Cr.

  • The most recent Balance Sheet for Agritech Industries Private Limited was filed with the ROC on 31 Mar 2023.

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