Apostel Developers Private Limited
About Apostel Developers Private Limited
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Apostel Developers Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the agricultural products distribution segment of the agriculture sector. It was incorporated on 10 June 2004.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70100WB2004PTC098805. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹85 Lakh and a paid-up capital of ₹84.43 Lakh. It was led by directors Ashok Kumar Sirohia and Surendra Kumar Nahata.
Its last annual general meeting (AGM) was held on 19 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 20B Abdul Hamid Street 4th Floor, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2024, the company reported a revenue of ₹88.04 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹49.6 Lakh (net margin 56.3%) and EBITDA of ₹73.55 Lakh (EBITDA margin 83.5%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 23% over five years.
Company details
CIN history
Apostel Developers has one previous CIN (Corporate Identification Number): U51909WB2004PTC098805. The current CIN is U70100WB2004PTC098805, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100WB2004PTC098805 | Current |
| U51909WB2004PTC098805 | Previous |
Contact details
Apostel Developers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20B Abdul Hamid Street 4th Floor, Kolkata, West Bengal, India – 700069
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Apostel Developers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Apostel Developers Private Limited
FY 2024 filings availableApostel Developers Private Limited reported revenue of ₹88.04 Lakh (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 23%. EBITDA rose 138% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹73.55 Lakh | ||||
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| Net Profit (PAT) | ₹49.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.5% | ||||
| Net Profit Margin | 56.3% | ||||
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To see the full financial statements and ratios of Apostel Developers Private Limited, buy the company report.
Board of directors of Apostel Developers Private Limited
Apostel Developers has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Sirohia Also directs: Nirmalkunj Export Limited, Padma Retails Private Limited, Jalnayan Vanijya Private Limited and 1 more | Director | 07 Feb 2020 | 6 Years 8 Months | As last reported |
| Surendra Kumar Nahata | Director | 27 Mar 2017 | 9 Years 6 Months | As last reported |
Peer comparison
Apostel Developers Private Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ar Rahman Agro Private Limited | ₹88.13 Lakh (FY 2021) | -75.0% | New Delhi, Delhi, India | |||
| SLK Green Farmers Producer Company Limited | ₹88.09 Lakh (FY 2025) | 450.0% | Cooch Behar, West Bengal, India | |||
| Sannakki Bhagyapuri Farmers Producer Company Limited | ₹88.05 Lakh (FY 2025) | 194.0% | Hosadurga, Karnataka, India | |||
| Fumiro Corporation (I) Private Limited | ₹88.05 Lakh (FY 2024) | -98.0% | Navi Mumbai, Maharashtra, India | |||
| R K Impex Pvt Ltd | ₹88.04 Lakh (FY 2024) | -66.0% | Kolkata, West Bengal, India | |||
| Apostel Developers Private Limitedthis company | ₹88.04 Lakh (FY 2024) | ₹49.6 Lakh | 56.3% | 52.0% | Kolkata, West Bengal, India | |
| Varushapriya Agro Tech Private Limited | ₹88.03 Lakh (FY 2024) | -8.0% | Bangalore, Karnataka, India | |||
| Kaizen Seeds Private Limited | ₹87.98 Lakh (FY 2025) | -32.0% | Sanand, Gujarat, India | |||
| Blisswood Worldwide Trading Private Limited | ₹87.97 Lakh (FY 2025) | -80.0% | New Delhi, Delhi, India | |||
| K SM Broadmarket (OPC) Private Limited | ₹87.95 Lakh (FY 2024) | 66.0% | Kathua, Jammu and Kashmir, India | |||
| Asia Pacific Corporation Private Limited | ₹87.92 Lakh (FY 2025) | 221.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Apostel Developers Private Limited, buy the company report.
Auditor
Apostel Developers Private Limited is audited by S MANDAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S MANDAL & CO | FY 2019 | 314188E |
Shareholding
The shareholding of Apostel Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Apostel Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Apostel Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Apostel Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Apostel Developers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Apostel Developers Private Limited, buy the company report.
Recent activity
Apostel Developers Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Bihari Lal Sharma ceased to be Additional Director on 30 Sep 2022.
3 earlier events are in the company report.
Frequently asked questions
Apostel Developers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Apostel Developers was a private limited company based in Kolkata, West Bengal, India. The company worked in agro retail and distribution, within the agriculture industry. It was incorporated on 10 June 2004 and is registered under CIN U70100WB2004PTC098805. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Apostel Developers was incorporated on 10 June 2004. It is registered with the Registrar of Companies, Kolkata.
Apostel Developers had 2 directors:
- Ashok Kumar Sirohia - Director
- Surendra Kumar Nahata - Director
The CIN (Corporate Identification Number) of Apostel Developers is U70100WB2004PTC098805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Apostel Developers is at 20B Abdul Hamid Street 4th Floor, Kolkata, West Bengal, India – 700069.
The latest financial statements of Apostel Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 August 2024. Year-wise statements from 2015 are in the company report.
No. Apostel Developers has 2 GST registrations on record and all of them are cancelled or inactive.
Apostel Developers operated in the agriculture industry, in the agro retail and distribution segment.
The peers of Apostel Developers by revenue are Ar Rahman Agro Private Limited, SLK Green Farmers Producer Company Limited, Sannakki Bhagyapuri Farmers Producer Company Limited, Fumiro Corporation (I) Private Limited, R K Impex Pvt Ltd and 5 more, all in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution).
Bihari Lal Sharma ceased to be Additional Director on 30 Sep 2022. Rishi Kumar Garg ceased to be Additional Director on 30 Sep 2022. Ratan Biyani ceased to be Director on 15 Jun 2022. Apostel Developers has 12 board changes on record in total.