Mahagit Agro Private Limited

Processes and trades agricultural raw materials.

2016 | Nandurbar, Maharashtra (India) | Active
Last Updated: December 28, 2024

Mahagit Agro Profile

Key Indicators

  • Authorised Capital ₹ 3.60 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 8.02 M
  • Revenue Growth 881.04%
  • Profit Growth 231.70%
  • Ebitda 2025.40%
  • Net Worth 134.57%
  • Total Assets -20.97%

About Mahagit Agro

Mahagit Agro Private Limited (MAPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 November 2016 (Eight years and two months 29 days old ). Its registered office is in Nandurbar, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.60 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹8.00 Cr. The company has closed loans amounting to ₹8.02 M, as per Ministry of Corporate Affairs (MCA) records.

Gitesh Gosavi, Amitkumar Bharti, and Mahendra Bharati serve as directors at the Company.

Company Details

  • Location

    Nandurbar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01100MH2016PTC287681

  • Company No.

    287681

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2016

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

Who are the key members and board of directors at Mahagit Agro?

Board Members (3)

Name Designation Appointment Date Status
Gitesh Gosavi Country flag representing In Director 16-Nov-2016 Current
Amitkumar Bharti Country flag representing In Director 03-Jan-2019 Current
Mahendra Bharati Country flag representing In Director 16-Nov-2016 Current

Financial Performance of Mahagit Agro.

Mahagit Agro Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 881.04% increase. The company also saw a substantial improvement in profitability, with a 231.7% increase in profit. The company's net worth Soared by an impressive increase of 134.57%.

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
881.04%
Revenue from Operations
876.68%
Total Assets
-20.97%
Profit or Loss
231.70%
Net Worth
134.57%
EBITDA
2025.40%

What is the Ownership and Shareholding Structure of Mahagit Agro?

In 2020, Mahagit Agro 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

₹80.00 M

Satisfied Charges

₹8.02 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 5.00 Cr
  • Others : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Mar 2024 Axis Bank Limited ₹5.00 Cr Open
31 Mar 2023 Others ₹3.00 Cr Open
11 Nov 2021 Others ₹1.72 M Satisfied
14 Jul 2020 Others ₹6.30 M Satisfied

How Many Employees Work at Mahagit Agro?

Unlock and access historical data on people associated with Mahagit Agro, 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 Mahagit Agro, 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 Mahagit Agro'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 Mahagit Agro

Recent activity within the organization

  • Annual General Meeting

    Mahagit Agro Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

    30 Aug 2024

  • Balance Sheet

    Mahagit Agro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 M with Charge ID 100903417 was registered on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge registered on 11 Nov 2021 via Charge ID 100510536 with Others was fully satisfied on 27 Oct 2023.

    27 Oct 2023

  • Charges

    A charge registered on 14 Jul 2020 via Charge ID 100362459 with Others was fully satisfied on 27 Oct 2023.

    27 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100753226 was registered on 31 Mar 2023.

    31 Mar 2023

Frequently asked questions

  • Mahagit Agro Private Limited was incorporated on 16 Nov 2016.

  • The authorized share capital of Mahagit Agro Private Limited is ₹ 3.60 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Mahagit Agro Private Limited.

    • Gitesh Abagir Gosavi
    • Amitkumar Mohan Bharti
    • Mahendra Baban Bharati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahagit Agro Private Limited is 311/1 Lambola Taluka India, Shahada, Maharashtra, 425409.

  • The corporate identification number (CIN) of Mahagit Agro Private Limited is U01100MH2016PTC287681 and the company number is 287681 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Mahagit Agro Private Limited has risen by 881.04%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Mahagit Agro Private Limited has experienced an upsurge of 134.57%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Mahagit Agro Private Limited amount to ₹ 8.00 Cr.

  • The most recent Balance Sheet for Mahagit Agro Private Limited was filed with the ROC on 31 Mar 2024.