About Kexveg India Private Limited
Data last updated:
Kexveg India Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Kaveri Seed Company Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the crop production and distribution segment of the agriculture sector. It was incorporated on 30 November 2011.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U01210TG2011PTC077738. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹17 Cr and a paid-up capital of ₹14.15 Cr. It was led by directors Venkata Bhaskar Rao Gundavaram (Managing Director) and Vanaja Devi Gundavaram.
Its last annual general meeting (AGM) was held on 17 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 513 – B 5th Floor Minerva Complex Sorijini Devi Road, Hyderabad, Telangana, India – 500003.
As per the financials filed for FY 2019, the company reported a revenue of ₹27.15 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹92.16 Lakh (net margin -339.4%) and EBITDA of -₹35.99 Lakh (EBITDA margin -132.6%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.
The company has 4 deals on record (2 acquisitions, 2 secondary share transfers); the latest was in March 2018.
The last known website on record is kaveriseeds.in.
Company details
CIN history
Kexveg India has one previous CIN (Corporate Identification Number): U01210AP2011PTC077738. The current CIN is U01210TG2011PTC077738, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01210TG2011PTC077738 | Current |
| U01210AP2011PTC077738 | Previous |
Contact details
Kexveg India Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address513 – B 5th Floor Minerva Complex Sorijini Devi Road, Hyderabad, Telangana, India – 500003
- IndustryAgriculture, Crop Production & Distribution
To see the full contact details of Kexveg India 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
Business activity
The main business activity of Kexveg India is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Kexveg India Private Limited, buy the company report.
Financials of Kexveg India Private Limited
FY 2019 filings availableKexveg India Private Limited reported revenue of ₹27.15 Lakh (down 88% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over three years, including a 88% fall in the latest year. EBITDA rose 48% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹27.15 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹35.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹92.16 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -132.6% | ||||
| Net Profit Margin | -339.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kexveg India Private Limited, buy the company report.
Board of directors of Kexveg India Private Limited
Kexveg India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Bhaskar Rao Gundavaram Also directs: Kaveri Seed Company Ltd., Kaveri Microteck Private Limited, Kaveri Bhaskar Rao Charitable Foundation and 5 more | Managing Director | 30 Nov 2011 | 14 Years 11 Months | As last reported |
| Vanaja Devi Gundavaram | Director | 30 Nov 2011 | 14 Years 11 Months | As last reported |
Auditor
Kexveg India Private Limited is audited by P R REDDY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R REDDY & CO | FY 2019 | 003268S |
Shareholding
The shareholding of Kexveg India 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 Kexveg India Private Limited, buy the company report.
Deals & funding
Kexveg India Private Limited has 4 deals on record (2 acquisitions, 2 secondary share transfers); the latest was in March 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Kaveri Seed Company Ltd. Seller: Kaveri Seed Company Limited & G.Vanajadevi |
| Mar 2017 | Acquisition | ₹7.75 Cr | Buyer: Kaveri Seed Company Ltd. |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Kaveri Seed Company Limited & G.Vanajadevi Seller: Kaveri Seed Company Ltd. |
| Mar 2012 | Acquisition | ₹6.39 Cr | Buyer: Kaveri Seed Company Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Kexveg India 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 Kexveg India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kexveg India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kexveg India Private Limited, buy the company report.
Recent activity
Kexveg India Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Venkata Bhaskar Rao Gundavaram ceased to be Director on 28 Mar 2012.
Frequently asked questions
Kexveg India 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.
Kexveg India was a private limited company based in Hyderabad, Telangana, India. The company worked in crop production and distribution, within the agriculture industry. It was incorporated on 30 November 2011 and is registered under CIN U01210TG2011PTC077738. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kexveg India was incorporated on 30 November 2011. It is registered with the Registrar of Companies, Hyderabad.
Kexveg India had 2 directors:
- Venkata Bhaskar Rao Gundavaram - Managing Director
- Vanaja Devi Gundavaram - Director
The CIN (Corporate Identification Number) of Kexveg India is U01210TG2011PTC077738. 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 Kexveg India is at 513 – B 5th Floor Minerva Complex Sorijini Devi Road, Hyderabad, Telangana, India – 500003.
Kexveg India can be reached through the website kaveriseeds.in. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Kexveg India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 17 September 2019. Year-wise statements from 2015 are in the company report.
No. Kexveg India has 1 GST registration on record and it is cancelled or inactive.
Kexveg India operated in the agriculture industry, in the crop production and distribution segment.
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