Agriwise Finserv Limited

Non-bank financial company providing financing to farmers and stakeholders in rural India.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: July 12, 2024

Agriwise Finserv Profile

Key Indicators

  • Authorised Capital ₹ 175.00 Cr
  • Paid Up Capital ₹ 150.00 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 810.00 Cr
  • Satisfied Charges ₹ 114.00 Cr
  • Revenue Growth -15.62%
  • Profit Growth -80.28%
  • Ebitda -42.17%
  • Net Worth 0.70%
  • Total Assets -15.46%

About Agriwise Finserv

Agriwise Finserv Limited (AFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 March 1995 and has a history of 29 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Staragri Finance Limited. The Company is engaged in the Financial Services 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 175.00 Cr and a paid-up capital of Rs 150.00 Cr.

The company currently has active open charges totaling ₹810.00 Cr. The company has closed loans amounting to ₹114.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Agriwise Finserv Limited India is Nikita Shelke as COMPANY SECRETARY. Mangala Prabhu, Sureshchandra Goyal, Amith Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999MH1995PLC267097

  • Company No.

    267097

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 1995

  • Date of AGM

    06 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Agriwise Finserv?

Executive Team (2)

Name Designation Appointment Date Status
Nikita Shelke Company Secretary 20-Dec-2022 Current
Sureshchandra Goyal Country flag representing In Managing Director 04-Aug-2014 Current

Board Members (5)

Name Designation Appointment Date Status
Mangala Prabhu Country flag representing In Director 30-Mar-2016 Current
Chandrashekhar Aiyar Country flag representing In Director 30-Mar-2016 Current
Amit Goyal Country flag representing In Director 04-Aug-2014 Current
Amith Agarwal Country flag representing In Whole-Time Director 04-Aug-2014 Current
Amit Khandelwal Country flag representing In Director 04-Aug-2014 Current

Financial Performance of Agriwise Finserv.

Agriwise Finserv Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.62% decrease. The company also saw a substantial fall in profitability, with a 80.28% decrease in profit. The company's net worth moved up by a moderate rise of 0.7%.

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
-15.62%
Revenue from Operations
-23.24%
Total Assets
-15.46%
Profit or Loss
-80.28%
Net Worth
0.70%
EBITDA
-42.17%

What is the Ownership and Shareholding Structure of Agriwise Finserv?

In 2022, Agriwise Finserv 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

₹810.00 Cr

Satisfied Charges

₹114.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 765.00 Cr
  • Indian Bank : 25.00 Cr
  • Idbi Bank Limited : 20.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Dec 2023 Others ₹20.00 Cr Open
28 Mar 2022 Others ₹20.00 Cr Open
25 Jan 2017 Others ₹700.00 Cr Open
29 Dec 2016 Indian Bank ₹25.00 Cr Open
30 Aug 2016 Idbi Bank Limited ₹5.00 Cr Open

How Many Employees Work at Agriwise Finserv?

Agriwise Finserv has a workforce of 278 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Agriwise Finserv, 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 Agriwise Finserv'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 Agriwise Finserv

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100850677 was registered on 27 Dec 2023.

    27 Dec 2023

  • Annual General Meeting

    Agriwise Finserv Limited last Annual general meeting of members was held on 06 Sep 2023 as per latest MCA records.

    06 Sep 2023

  • Charges

    A charge registered on 08 Jul 2020 via Charge ID 100357376 with Others was fully satisfied on 25 Jul 2023.

    25 Jul 2023

  • Balance Sheet

    Agriwise Finserv Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100550374 was registered on 28 Mar 2022.

    28 Mar 2022

  • Charges

    A charge registered on 29 Jul 2016 via Charge ID 100049682 with Others was fully satisfied on 21 Mar 2022.

    21 Mar 2022

Frequently asked questions

  • Agriwise Finserv Limited was incorporated on 14 Mar 1995.

  • The authorized share capital of Agriwise Finserv Limited is ₹ 175.00 Cr and paid-up capital is ₹ 150.00 Cr.

  • Currently 7 directors are associated with Agriwise Finserv Limited.

    • Mangala Radhakrishna Prabhu
    • Nikita Prakash Shelke
    • Sureshchandra Shyamlal Goyal
    • Amith Agarwal
    • Amit Goyal
    • Amit Khandelwal
    • Chandrashekhar Guruswamy Aiyar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Agriwise Finserv Limited is 601-604 A-Wing Bonanza Building Sahar Plaza, J.B. Nagar Metro Station J.B. Nagar Andheri (E), Mumbai, Maharashtra, India, 400059.

  • The corporate identification number (CIN) of Agriwise Finserv Limited is U65999MH1995PLC267097 and the company number is 267097 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Agriwise Finserv Limited is https://www.agriwise.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Agriwise Finserv Limited has fallen by -15.62%.

  • As Per 2023 financial reports, 278 employees are currently employed by Agriwise Finserv Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Agriwise Finserv Limited has experienced an upsurge of 0.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Agriwise Finserv Limited amount to ₹ 810.00 Cr.

  • The most recent Balance Sheet for Agriwise Finserv Limited was filed with the ROC on 31 Mar 2023.

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