Farmart Service Profile
Key Indicators
- Authorised Capital ₹ 51.22 Cr
- Paid Up Capital ₹ 5.89 M
- Company Age 9 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 302.00 Cr
- Satisfied Charges ₹ 73.70 Cr
- Revenue Growth 395.80%
- Profit Growth -164.89%
- Ebitda -185.52%
- Net Worth 351.08%
- Total Assets 289.40%
About Farmart Service
Farmart Service Private Limited (FSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 30 December 2015 (Nine years and four months 12 days old ). Its registered office is in Ghaziabad, Uttar Pradesh, 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 51.22 Cr and a paid-up capital of Rs 5.89 M.
The company currently has active open charges totaling ₹302.00 Cr. The company has closed loans amounting to ₹73.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mehtab Hans and Alekh Sanghera serve as directors at the Company.
Company Details
- Location
Ghaziabad, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U01403UP2015PTC075364
- Company No.
075364
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2015
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Agriculture
Farmart Service Private Limited
Explore comprehensive data for Farmart Service Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Farmart Service?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alekh Sanghera  | Director | 20-Mar-2019 | Current |
| Mehtab Hans | Director | 30-Dec-2015 | Current |
Financial Performance of Farmart Service.
Farmart Service Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 395.8% increase. The company also saw a substantial fall in profitability, with a 164.89% decrease in profit. The company's net worth Soared by an impressive increase of 351.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Farmart Service?
In 2023, Farmart Service had a promoter holding of 82.44% and a public holding of 17.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Fmt Agro Service Private LimitedMehtab Hans and Alekh Sanghera are mutual person
Charges (Loans)
Open Charges
₹302.00 Cr
Satisfied Charges
₹73.70 Cr
Charges Breakdown by Lending Institutions
- Others : 195.00 Cr
- Hdfc Bank Limited : 35.00 Cr
- Yes Bank Limited : 27.00 Cr
- Citi Bank N.A. : 25.00 Cr
- Axis Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2024 | Others | ₹10.00 Cr | Open |
| 09 Jul 2024 | Others | ₹30.00 Cr | Open |
| 14 May 2024 | Others | ₹15.00 Cr | Open |
| 10 May 2024 | Others | ₹24.00 Cr | Open |
| 15 Feb 2024 | Others | ₹15.00 Cr | Open |
How Many Employees Work at Farmart Service?
Farmart Service has a workforce of 373 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Farmart Service, 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 Farmart Service's trajectory.
Rating
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
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 Farmart Service
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100997412 was registered on 21 Oct 2024.
- Charges
A charge registered on 22 Apr 2022 via Charge ID 100572176 with Others was fully satisfied on 01 Aug 2024.
- Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100949571 was registered on 09 Jul 2024.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100919890 was registered on 14 May 2024.
- Charges
A charge with Others amounted to Rs. 24.00 Cr with Charge ID 100927339 was registered on 10 May 2024.
- Charges
A charge with Axis Bank Limited of Rs. 20.00 Cr registered on 06 Sep 2022 with Charge ID 100611990 was modified on 27 Mar 2024.
Recent News, Updates & Announcement
- "FarMart Launches Saudabook: The Ultimate Tech Platform for Stronger Food Supply Game!".
"FarMart: We got a new tech platform called Saudabook! It's gonna make our food supply game even stronger. #Proud #TechSavvy #SaudabookLaunch".
- "IAN Invests in FarMart: The Uber of Farm Equipment #FarmingMadeEasy #InvestmentGoals".
"IAN invests in FarMart, the Uber of farm equipment. #FarmingMadeEasy #InvestmentGoals".
Frequently asked questions
What is the Incorporation or founding date of Farmart Service Private Limited?
Farmart Service Private Limited was incorporated on 30 Dec 2015.
What is authorized share capital and paid-up capital of Farmart Service Private Limited?
The authorized share capital of Farmart Service Private Limited is ₹ 51.22 Cr and paid-up capital is ₹ 5.89 M.
Who are the current board members & directors of Farmart Service Private Limited?
Currently 2 directors are associated with Farmart Service Private Limited.
- Mehtab Singh Hans
- Alekh Sanghera
What is the registered address of Farmart Service Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Farmart Service Private Limited is Ground Floor H-53 Sector 63 India, Noida, Uttar Pradesh, 201301.
What is the corporate identification number (CIN) and company number of Farmart Service Private Limited?
The corporate identification number (CIN) of Farmart Service Private Limited is U01403UP2015PTC075364 and the company number is 075364 as per Ministry of Corporate Affairs (MCA).
What is the official website of Farmart Service Private Limited?
The Official website of Farmart Service Private Limited is https://www.farmart.co
What has been the recent revenue trend for Farmart Service Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Farmart Service Private Limited has risen by 395.80%.
How many employees does Farmart Service Private Limited currently have?
As Per 2023 financial reports, 373 employees are currently employed by Farmart Service Private Limited.
What change has been observed in the net worth of Farmart Service Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Farmart Service Private Limited has experienced an upsurge of 351.08%.
What are the total open charges for Farmart Service Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Farmart Service Private Limited amount to ₹ 302.00 Cr.
When was the last Balance Sheet of Farmart Service Private Limited filed with the ROC?
The most recent Balance Sheet for Farmart Service Private Limited was filed with the ROC on 31 Mar 2023.
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