Tropical Agro System (India) Private Limited

Produces and markets biological crop and pest management products.

1969 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Tropical Agro System (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.48 Cr
  • Company Age 55 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 475.22 Cr
  • Satisfied Charges ₹ 201.80 Cr
  • Revenue Growth 16.92%
  • Profit Growth 4.62%
  • Ebitda 5.43%
  • Net Worth 17.35%
  • Total Assets 11.08%

About Tropical Agro System (India)

Tropical Agro System (India) Private Limited (TASIPL) was founded in India on 01 December 1969 and has a glorious history of 55 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Tropical Agro System (India) 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 2.00 Cr and a paid-up capital of Rs 1.48 Cr.

The company currently has active open charges totaling ₹475.22 Cr. The company has closed loans amounting to ₹201.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Thiruvengadam Gurumoorthy, Dinesh Kumar, Jayaprakash Sadeeshkumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tropicalagro.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110TN1969PTC005774

  • Company No.

    005774

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1969

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Agriculture

What products or services does Tropical Agro System (India) Private Limited offer?

Tropical Agro System (India) Private Limited offers a wide range of products and services, including Fertilizers and Soil Additives, Fertilizer, Insecticides and Pesticides, Acaricide, Nitrogen Fertilizers, Non Selective Herbicide, Fungicides, Mosquito & Insect Repellent, Household Insecticides, Industrial Uniforms & Safety Wear.

Who are the key members and board of directors at Tropical Agro System (India)?

Board Members (4)

Name Designation Appointment Date Status
Thiruvengadam Gurumoorthy Country flag representing In Director 01-Nov-2022 Current
Dinesh Kumar Country flag representing In Director 04-Sep-2020 Current
Jayaprakash Sadeeshkumar Country flag representing In Director 25-Apr-2022 Current
Yogesh Dwivedi Country flag representing In Director 28-Jan-2019 Current

Financial Performance of Tropical Agro System (India).

Tropical Agro System (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.92% increase. The company also saw a slight improvement in profitability, with a 4.62% increase in profit. The company's net worth Soared by an impressive increase of 17.35%.

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
16.92%
Revenue from Operations
16.95%
Total Assets
11.08%
Profit or Loss
4.62%
Net Worth
17.35%
EBITDA
5.43%

What is the Ownership and Shareholding Structure of Tropical Agro System (India)?

In 2023, Tropical Agro System (India) had a promoter holding of 48.73% and a public holding of 51.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹475.22 Cr

Satisfied Charges

₹201.80 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 175.00 Cr
  • Axis Bank Limited : 125.00 Cr
  • Standard Chartered Bank : 125.00 Cr
  • Others : 50.00 Cr
  • Centurion Bank Ltd. : 0.18 Cr
  • Others : 0.04 Cr

Latest Charge Details

Date Lender Amount Status
23 Feb 2024 Others ₹50.00 Cr Open
17 Feb 2020 Citi Bank N.A. ₹175.00 Cr Open
06 Dec 2019 Axis Bank Limited ₹125.00 Cr Open
25 Aug 2015 Standard Chartered Bank ₹125.00 Cr Open
12 Jun 2001 Centurion Bank Ltd. ₹0.70 M Open

How Many Employees Work at Tropical Agro System (India)?

Unlock and access historical data on people associated with Tropical Agro System (India), 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 Tropical Agro System (India), 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 Tropical Agro System (India)'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 Tropical Agro System (India)

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 23 Feb 2024 with Charge ID 100882899 was modified on 30 Apr 2024.

    30 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100882899 was registered on 23 Feb 2024.

    23 Feb 2024

  • Annual General Meeting

    Tropical Agro System (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Citi Bank N.A. of Rs. 175.00 Cr registered on 17 Feb 2020 with Charge ID 100324127 was modified on 26 Jul 2023.

    26 Jul 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 125.00 Cr registered on 06 Dec 2019 with Charge ID 100316421 was modified on 26 Jul 2023.

    26 Jul 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 125.00 Cr registered on 25 Aug 2015 with Charge ID 10590039 was modified on 26 Jul 2023.

    26 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Tropical Agro System (India) Private Limited was incorporated on 01 Dec 1969.

  • The authorized share capital of Tropical Agro System (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.48 Cr.

  • Currently 4 directors are associated with Tropical Agro System (India) Private Limited.

    • Thiruvengadam Gurumoorthy
    • Dinesh Kumar
    • Jayaprakash Sadeeshkumar
    • Yogesh Dwivedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tropical Agro System (India) Private Limited is Old No. 195 New 82 St. Marys Road Alwarpet, India, Chennai, Tamil Nadu, 600018.

  • The corporate identification number (CIN) of Tropical Agro System (India) Private Limited is U74110TN1969PTC005774 and the company number is 005774 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tropical Agro System (India) Private Limited is https://www.tropicalagro.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tropical Agro System (India) Private Limited has risen by 16.92%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tropical Agro System (India) Private Limited has experienced an upsurge of 17.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tropical Agro System (India) Private Limited amount to ₹ 475.22 Cr.

  • The most recent Balance Sheet for Tropical Agro System (India) Private Limited was filed with the ROC on 31 Mar 2023.

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