Usher Agro Limited

This company processes and sells rice and wheat products in domestic markets under its own brand.

1996 | Mumbai, Maharashtra (India) | Inactive
Last Updated: May 01, 2024

Usher Agro Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 77.67 Cr
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 2,435.43 Cr
  • Satisfied Charges ₹ 966.25 Cr
  • Revenue Growth -81.52%
  • Profit Growth -160.71%
  • Ebitda -124.40%
  • Net Worth -418.12%
  • Total Assets -73.51%

About Usher Agro

Usher Agro Limited (UAL) is Dissolved Under Section 54 company established on 20 Jun 1996 with its office registered at Mumbai, Maharashtra, India and has been running since 28 Year, 7 Months with a paid up capital of 77.67 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 01 May 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L01100MH1996PLC100380

  • Company No.

    100380

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 1996

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

What products or services does Usher Agro Limited offer?

Usher Agro Limited offers a wide range of products and services, including Basmati Rice, Indian Sella Rice, Reverse Osmosis Plants, Reverse Osmosis Systems.

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

Executive Team (1)

Name Designation Appointment Date Status
Vinodkumar Chaturvedi CFO 30-Dec-2000 Current

Board Members (2)

Name Designation Appointment Date Status
Shikha Sethia Country flag representing In Director 29-Sep-2017 Current
Ajay Arora Country flag representing In Director 29-Dec-2006 Current

Financial Performance of Usher Agro.

Usher Agro Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 81.52% decrease. The company also saw a substantial fall in profitability, with a 160.71% decrease in profit. The company's net worth observed a substantial decline by a decrease of 418.12%.

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
-81.52%
Revenue from Operations
-81.58%
Total Assets
-73.51%
Profit or Loss
-160.71%
Net Worth
-418.12%
EBITDA
-124.40%

What is the Ownership and Shareholding Structure of Usher Agro?

In 2018, Usher Agro had a promoter holding of 14.98% and a public holding of 85.02%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,435.43 Cr

Satisfied Charges

₹966.25 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 2097.13 Cr
  • Idbi Bank Limited : 160.00 Cr
  • Icici Bank Limited : 50.00 Cr
  • Karur Vysya Bank : 30.00 Cr
  • Bank Of Maharashtra : 30.00 Cr
  • Others : 68.30 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2016 Idbi Trusteeship Services Limited ₹50.33 Cr Open
18 Dec 2015 Bank Of Maharashtra ₹30.00 Cr Open
09 Nov 2015 United Bank Of India ₹5.00 Cr Open
01 Sep 2015 Idbi Bank Limited ₹15.00 Cr Open
15 Apr 2015 Icici Bank Limited ₹25.00 Cr Open

How Many Employees Work at Usher Agro?

Usher Agro has a workforce of 33 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Usher 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 Usher 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 Usher Agro

Recent activity within the organization

  • Annual General Meeting

    Usher Agro Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Usher Agro Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Director Appointment

    Shikha Sethia was appointed as a Director was appointed as a Director on 29 Sep 2017 & has been associated with this company since 7 years 4 months .

    29 Sep 2017

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 50.33 Cr with Charge ID 100047270 was registered on 02 Aug 2016.

    02 Aug 2016

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 296.80 Cr registered on 23 Aug 2014 with Charge ID 10518047 was modified on 28 Jun 2016.

    28 Jun 2016

  • Charges

    A charge with Bank Of Maharashtra amounted to Rs. 30.00 Cr with Charge ID 10613045 was registered on 18 Dec 2015.

    18 Dec 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Usher Agro Limited was incorporated on 20 Jun 1996.

  • The authorized share capital of Usher Agro Limited is ₹ 80.00 Cr and paid-up capital is ₹ 77.67 Cr.

  • Currently 4 directors are associated with Usher Agro Limited.

    • Vinodkumar Murarilal Chaturvedi
    • Vinodkumar Murarilal Chaturvedi
    • Ajay Prakash Arora
    • Shikha Sethia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Usher Agro Limited is 212 Laxmi Plaza Laxmi Industrial Estate, New Link Road Andheri (West), Mumbai, Maharashtra, India, 400053.

  • The corporate identification number (CIN) of Usher Agro Limited is L01100MH1996PLC100380 and the company number is 100380 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Usher Agro Limited is https://www.usheragro.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Usher Agro Limited has fallen by -81.52%.

  • As Per 2018 financial reports, 33 employees are currently employed by Usher Agro Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Usher Agro Limited has experienced an downturn of -418.12%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Usher Agro Limited amount to ₹ 2,435.43 Cr.

  • The most recent Balance Sheet for Usher Agro Limited was filed with the ROC on 31 Mar 2018.

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