Chifu Agritech Private Limited

E-commerce platform for efficient sale and supply of FMCG products globally.

2020 | Hyderabad, Telangana (India) | Active
Last Updated: July 03, 2024

Chifu Agritech Profile

Key Indicators

  • Authorised Capital ₹ 2.25 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 4 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 89.40 Cr
  • Revenue Growth 257.20%
  • Profit Growth -283.92%
  • Ebitda -277.10%
  • Net Worth 99.35%
  • Total Assets 165.19%

About Chifu Agritech

Chifu Agritech Private Limited (CAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 February 2020 (Four years and 11 months 12 days old ). Its registered office is in Hyderabad, Telangana, 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 2.25 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹89.40 Cr.

Mrudhukar Batchu, Shobhit Jain, and Praneeth Boganadhula serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52202TG2020PTC139550

  • Company No.

    139550

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2020

  • Date of AGM

    31 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Agriculture

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

Board Members (3)

Name Designation Appointment Date Status
Shobhit Jain Country flag representing In Director 26-Feb-2020 Current
Mrudhukar Batchu Country flag representing In Director 07-Mar-2022 Current
Praneeth Boganadhula Country flag representing In Director 26-Feb-2020 Current

Financial Performance of Chifu Agritech.

Chifu Agritech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 257.2% increase. The company also saw a substantial fall in profitability, with a 283.92% decrease in profit. The company's net worth Soared by an impressive increase of 99.35%.

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
257.20%
Revenue from Operations
258.29%
Total Assets
165.19%
Profit or Loss
-283.92%
Net Worth
99.35%
EBITDA
-277.10%

What is the Ownership and Shareholding Structure of Chifu Agritech?

In 2023, Chifu Agritech had a promoter holding of 98.42% and a public holding of 1.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹894.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 40.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 26.00 Cr
  • Others : 23.40 Cr

Latest Charge Details

Date Lender Amount Status
17 Aug 2023 The Hongkong And Shanghai Banking Corporation Limited ₹1.00 Cr Open
18 May 2023 Others ₹8.40 Cr Open
02 Feb 2023 The Hongkong And Shanghai Banking Corporation Limited ₹25.00 Cr Open
29 Dec 2022 Standard Chartered Bank ₹40.00 Cr Open
04 Apr 2022 Others ₹15.00 Cr Open

How Many Employees Work at Chifu Agritech?

Chifu Agritech has a workforce of 679 employees as of Apr 05, 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 Chifu Agritech, 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 Chifu Agritech'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 Chifu Agritech

Recent activity within the organization

  • Annual General Meeting

    Chifu Agritech Private Limited last Annual general meeting of members was held on 31 Oct 2023 as per latest MCA records.

    31 Oct 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 10.00 M with Charge ID 100772560 was registered on 17 Aug 2023.

    17 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 84.00 M with Charge ID 100776687 was registered on 18 May 2023.

    18 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 250.00 M registered on 02 Feb 2023 with Charge ID 100679652 was modified on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 250.00 M with Charge ID 100679652 was registered on 02 Feb 2023.

    02 Feb 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Chifu Agritech Private Limited was incorporated on 26 Feb 2020.

  • The authorized share capital of Chifu Agritech Private Limited is ₹ 2.25 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Chifu Agritech Private Limited.

    • Mrudhukar Batchu
    • Shobhit Jain
    • Praneeth Kumar Boganadhula
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chifu Agritech Private Limited is 8-5-119/5 Mallikarjuna Colony, Road No 3 Old Bowen Pally Kukat Pally, Hyderabad Andhra Pradesh, Telangana, India, 500011.

  • The corporate identification number (CIN) of Chifu Agritech Private Limited is U52202TG2020PTC139550 and the company number is 139550 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chifu Agritech Private Limited is https://www.vegrow.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Chifu Agritech Private Limited has risen by 257.20%.

  • As Per 2023 financial reports, 679 employees are currently employed by Chifu Agritech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Chifu Agritech Private Limited has experienced an upsurge of 99.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Chifu Agritech Private Limited amount to ₹ 89.40 Cr.

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