Prasad Sugar & Allied Agro Products Limited

Sugar processing company with manufacturing unit in Ahmednagar, promoted by Tanpure and Deshmukh families.

2005 | Ahmed Nagar, Maharashtra (India) | Active
Last Updated:

Prasad Sugar & Allied Agro Products Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 22.26 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 415.98 Cr
  • Satisfied Charges ₹ 757.67 Cr
  • Revenue Growth 54.12%
  • Profit Growth 84.15%
  • Ebitda 29.49%
  • Net Worth 177.48%
  • Total Assets -7.46%

About Prasad Sugar & Allied Agro Products

Prasad Sugar & Allied Agro Products Limited (PSAAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 December 2005 and has a history of 19 years and three months. Its registered office is in Ahmed Nagar, Maharashtra, India.

The Corporate was formerly known as Prasad Sugar & Allied Agro Products Private 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 2024. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 22.26 Cr.

The company currently has active open charges totaling ₹415.98 Cr. The company has closed loans amounting to ₹757.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prasad Sugar & Allied Agro Products Limited India are Dhaval Parekh as COMPANY SECRETARY and Shriniwas Fugare as Cfo. Suresh Bafna, Vishal Amate, Ganesh Deshmukh, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmed Nagar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15421PN2005PLC021744

  • Company No.

    021744

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 2005

  • Date of AGM

    14 Oct 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Agriculture

Who are the key members and board of directors at Prasad Sugar & Allied Agro Products?

Executive Team (2)

NameDesignationAppointment DateStatus
Dhaval Parekh Company Secretary03-Jan-2020Current
Shriniwas Fugare CFO03-Jan-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Suresh Bafna Country flag representing In Director 01-Apr-2010Current
Vishal Amate Country flag representing In Additional Director 28-Dec-2023Current
Ganesh Deshmukh Country flag representing In Additional Director 29-Dec-2023Current
Surendra Parikh Country flag representing In Director 01-Oct-2010Current

Financial Performance of Prasad Sugar & Allied Agro Products.

Prasad Sugar & Allied Agro Products Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.12% increase. The company also saw a substantial improvement in profitability, with a 84.15% increase in profit. The company's net worth Soared by an impressive increase of 177.48%.

Prasad Sugar & Allied Agro Products revenue growth over time
Prasad Sugar & Allied Agro Products 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
54.12%
Revenue from Operations
56.04%
Total Assets
-7.46%
Profit or Loss
84.15%
Net Worth
177.48%
EBITDA
29.49%

What is the Ownership and Shareholding Structure of Prasad Sugar & Allied Agro Products?

In 2023, Prasad Sugar & Allied Agro Products had a promoter holding of 53.10% and a public holding of 46.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹415.98 Cr

Satisfied Charges

₹757.67 Cr

Charges Breakdown by Lending Institutions

  • Others : 415.98 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jun 2024Others₹16.60 CrOpen
11 Jul 2023Others₹16.60 CrOpen
07 Feb 2023Others₹220.00 CrOpen
28 Aug 2020Others₹36.40 CrOpen
13 Aug 2020Others₹41.76 CrOpen

How Many Employees Work at Prasad Sugar & Allied Agro Products?

Prasad Sugar & Allied Agro Products has a workforce of 250 employees as of Apr 07, 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 Prasad Sugar & Allied Agro Products Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prasad Sugar & Allied Agro Products, 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 Prasad Sugar & Allied Agro Products'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 Prasad Sugar & Allied Agro Products

Recent activity within the organization

  • Charges

    A charge registered on 08 Mar 2023 via Charge ID 100708720 with Bank Of India was fully satisfied on 06 Jan 2025.

  • Charges

    A charge with Others of Rs. 220.00 Cr registered on 07 Feb 2023 with Charge ID 100679355 was modified on 06 Jan 2025.

  • Annual General Meeting

    Prasad Sugar & Allied Agro Products Limited last Annual general meeting of members was held on 14 Oct 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 16.60 Cr with Charge ID 100927171 was registered on 04 Jun 2024.

  • Balance Sheet

    Prasad Sugar & Allied Agro Products Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Others of Rs. 8.00 Cr registered on 03 Nov 2014 with Charge ID 10536907 was modified on 26 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Prasad Sugar & Allied Agro Products Limited?

    Prasad Sugar & Allied Agro Products Limited was incorporated on 27 Dec 2005.

  • What is authorized share capital and paid-up capital of Prasad Sugar & Allied Agro Products Limited?

    The authorized share capital of Prasad Sugar & Allied Agro Products Limited is ₹ 45.00 Cr and paid-up capital is ₹ 22.26 Cr.

  • Who are the current board members & directors of Prasad Sugar & Allied Agro Products Limited?

    Currently 6 directors are associated with Prasad Sugar & Allied Agro Products Limited.

    • Suresh Bansilal Bafna
    • Dhaval Hemant Parekh
    • Vishal Balasaheb Amate
    • Ganesh Kundlik Deshmukh
    • Surendra Ratilal Parikh
    • Shriniwas Baburav Fugare

  • What is the registered address of Prasad Sugar & Allied Agro Products Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prasad Sugar & Allied Agro Products Limited is Tanpure Galli A/P Tal.Rahuri, Dist. Ahmedgar India, Na, Maharashtra, 413705.

  • What is the corporate identification number (CIN) and company number of Prasad Sugar & Allied Agro Products Limited?

    The corporate identification number (CIN) of Prasad Sugar & Allied Agro Products Limited is U15421PN2005PLC021744 and the company number is 021744 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prasad Sugar & Allied Agro Products Limited?

    The Official website of Prasad Sugar & Allied Agro Products Limited is https://www.prasadsugar.com

  • What has been the recent revenue trend for Prasad Sugar & Allied Agro Products Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prasad Sugar & Allied Agro Products Limited has risen by 54.12%.

  • How many employees does Prasad Sugar & Allied Agro Products Limited currently have?

    As Per 2023 financial reports, 250 employees are currently employed by Prasad Sugar & Allied Agro Products Limited.

  • What change has been observed in the net worth of Prasad Sugar & Allied Agro Products Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prasad Sugar & Allied Agro Products Limited has experienced an upsurge of 177.48%.

  • What are the total open charges for Prasad Sugar & Allied Agro Products Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prasad Sugar & Allied Agro Products Limited amount to ₹ 415.98 Cr.

  • When was the last Balance Sheet of Prasad Sugar & Allied Agro Products Limited filed with the ROC?

    The most recent Balance Sheet for Prasad Sugar & Allied Agro Products Limited was filed with the ROC on 31 Mar 2024.

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