Odisha Agro Industries Corporation Limited

Provides agricultural products and services for various state departments since 1961.

1961 | Khorda, Odisha (India) | Active
Last Updated:

Odisha Agro Industries Corporation Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 39.85 Cr
  • Company Age 63 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.87 Cr
  • Revenue Growth -18.27%
  • Profit Growth -71.24%
  • Ebitda -98.36%
  • Net Worth 4.74%
  • Total Assets 26.27%

About Odisha Agro Industries Corporation

Odisha Agro Industries Corporation Limited (OAICL) was founded in India on 20 December 1961 and has a glorious history of 63 years and three months. Its registered office is in Khorda, Odisha, India.

The Corporate was formerly known as The Orissa Agro & Small Industries Corporation Limited. 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 40.00 Cr and a paid-up capital of Rs 39.85 Cr.

The company currently has active open charges totaling ₹3.87 Cr.

The Key Managerial Personnel (KMP) at Odisha Agro Industries Corporation Limited India is Rashmita Gadnayak as CFO. Nirjharini Rath, Santanu Rath, Chandrashekhar Lohi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01122OR1961SGC000429

  • Company No.

    000429

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    20 Dec 1961

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Agriculture
Company report

Odisha Agro Industries Corporation Limited

Explore comprehensive data for Odisha Agro Industries Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Odisha Agro Industries Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Rashmita Gadnayak CFO14-Aug-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Sailendra Dwivedi Country flag representing In Nominee Director 28-Dec-2022Current
Santanu Rath Country flag representing In Director 29-Sep-2021Current
Nirjharini Rath Country flag representing In Director 29-Jan-2024Current
Chandrashekhar Lohi Country flag representing In Nominee Director 29-Oct-2013Current
Satyabrata Rout Country flag representing In Nominee Director 30-Mar-2022Current
Supriti Mishra Country flag representing In Director 12-Dec-2022Current

Financial Performance of Odisha Agro Industries Corporation.

Odisha Agro Industries Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.27% decrease. The company also saw a substantial fall in profitability, with a 71.24% decrease in profit. The company's net worth moved up by a moderate rise of 4.74%.

Odisha Agro Industries Corporation revenue growth over time
Odisha Agro Industries Corporation 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
-18.27%
Revenue from Operations
-14.63%
Total Assets
26.27%
Profit or Loss
-71.24%
Net Worth
4.74%
EBITDA
-98.36%

What is the Ownership and Shareholding Structure of Odisha Agro Industries Corporation?

In 2023, Odisha Agro Industries Corporation had a promoter holding of 99.98% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.87 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.37 Cr
  • Andhra Bank : 0.51 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 1989Andhra Bank₹5.07 MOpen
26 Mar 1987State Bank Of India₹3.00 CrOpen
31 Mar 1982State Bank Of India₹2.90 MOpen
22 Nov 1978State Bank Of India₹0.45 MOpen
03 Mar 1978State Bank Of India₹0.30 MOpen

How Many Employees Work at Odisha Agro Industries Corporation?

Odisha Agro Industries Corporation has a workforce of 53 employees as of Oct 16, 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.

Employee growth trends for Odisha Agro Industries Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Odisha Agro Industries Corporation, 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 Odisha Agro Industries Corporation'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 Odisha Agro Industries Corporation

Recent activity within the organization

  • Director Appointment

    Rashmita Gadnayak was appointed as a Cfo was appointed as a Cfo on 14 Aug 2024 & has been associated with this company since 7 months 10 days .

  • Director Appointment

    Nirjharini Rath was appointed as a Director was appointed as a Director on 29 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Annual General Meeting

    Odisha Agro Industries Corporation Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Odisha Agro Industries Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

  • Director Appointment

    Satyabrata Rout was appointed as a Nominee Director was appointed as a Nominee Director on 30 Mar 2022 & has been associated with this company since 2 years 11 months .

  • Director Appointment

    Santanu Kumar Rath was appointed as a Director was appointed as a Director on 29 Sep 2021 & has been associated with this company since 3 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Odisha Agro Industries Corporation Limited?

    Odisha Agro Industries Corporation Limited was incorporated on 20 Dec 1961.

  • What is authorized share capital and paid-up capital of Odisha Agro Industries Corporation Limited?

    The authorized share capital of Odisha Agro Industries Corporation Limited is ₹ 40.00 Cr and paid-up capital is ₹ 39.85 Cr.

  • Who are the current board members & directors of Odisha Agro Industries Corporation Limited?

    Currently 8 directors are associated with Odisha Agro Industries Corporation Limited.

    • Nirjharini Rath
    • Santanu Kumar Rath
    • Chandrashekhar Ramrao Lohi
    • Satyabrata Rout
    • Sailendra Kumar Dwivedi
    • Supriti Mishra
    • Muktikanta Mohapatra
    • Rashmita Gadnayak

  • What is the registered address of Odisha Agro Industries Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Odisha Agro Industries Corporation Limited is 95, Satyanagar Bhubaneswar India, Bhubaneswar-7, Orissa, 751007.

  • What is the corporate identification number (CIN) and company number of Odisha Agro Industries Corporation Limited?

    The corporate identification number (CIN) of Odisha Agro Industries Corporation Limited is U01122OR1961SGC000429 and the company number is 000429 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Odisha Agro Industries Corporation Limited?

    The Official website of Odisha Agro Industries Corporation Limited is https://www.orissaagro.com

  • What has been the recent revenue trend for Odisha Agro Industries Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Odisha Agro Industries Corporation Limited has fallen by -18.27%.

  • How many employees does Odisha Agro Industries Corporation Limited currently have?

    As Per 2023 financial reports, 53 employees are currently employed by Odisha Agro Industries Corporation Limited.

  • What change has been observed in the net worth of Odisha Agro Industries Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Odisha Agro Industries Corporation Limited has experienced an upsurge of 4.74%.

  • What are the total open charges for Odisha Agro Industries Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Odisha Agro Industries Corporation Limited amount to ₹ 3.87 Cr.

  • When was the last Balance Sheet of Odisha Agro Industries Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Odisha Agro Industries Corporation Limited was filed with the ROC on 31 Mar 2023.

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