Prag Agro Farm Limited
About Prag Agro Farm Limited
Data last updated:
Prag Agro Farm Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Itc Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 25 April 1997.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH1997PLC128846. Its GSTIN is 05AAACP9421D1ZS (Uttarakhand).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹1.28 Cr. It is led by directors including Surendra Kumar Sipani and Sib Sankar Bandyopadhyay.
Its last annual general meeting (AGM) was held on 25 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indian Mercantile Chambers Ramjibhai Kamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.62 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹9.15 Lakh (net margin -95.1%) and EBITDA of -₹8.66 Lakh (EBITDA margin -90.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
Court records list 5 cases involving the company, including 5 filed by the company.
Company details
CIN history
Prag Agro Farm has one previous CIN (Corporate Identification Number): U01100MH2000PLC128846. The current CIN is U01100MH1997PLC128846, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100MH1997PLC128846 | Current |
| U01100MH2000PLC128846 | Previous |
Contact details
Prag Agro Farm Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressIndian Mercantile Chambers Ramjibhai Kamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Prag Agro Farm 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 Prag Agro Farm 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 Prag Agro Farm Limited, buy the company report.
Financials of Prag Agro Farm Limited
FY 2025 filings availablePrag Agro Farm Limited reported revenue of ₹9.62 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 512% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹8.66 Lakh | ||||
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| Net Profit (PAT) | -₹9.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -90.1% | ||||
| Net Profit Margin | -95.1% | ||||
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To see the full financial statements and ratios of Prag Agro Farm Limited, buy the company report.
Board of directors of Prag Agro Farm Limited
Prag Agro Farm has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kumar Sipani | Director | 20 Feb 2009 | 17 Years 8 Months | As last reported |
| Sib Sankar Bandyopadhyay | Director | 18 Dec 2017 | 8 Years 10 Months | As last reported |
| Suneel Kumar Pandey | Director | 18 Dec 2017 | 8 Years 10 Months | As last reported |
Auditor
Prag Agro Farm Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2021 | 302009E |
Shareholding
The shareholding of Prag Agro Farm Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prag Agro Farm Limited, buy the company report.
Legal cases
Prag Agro Farm Limited has 5 court cases on record: 5 filed by Prag Agro Farm. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dehradun, Uttarakhand | Arbitration matter | Filed by the company against The Collector and 3 others | Disposed |
| District court, Udham Singh Nagar, Uttarakhand | Interim or miscellaneous application | Filed by the company against State Government and 2 others | Disposed |
| High Court, UTTARAKHAND | Court case (SPA) | Filed by the company against State of Uttarakhand and 5 others | Disposed |
| High Court, UTTARAKHAND | Court case (WPMS) | Filed by the company against State and Others and 5 others | Disposed |
| High Court, UTTARAKHAND | Court case (WPMS) | Filed by the company against State of Uttaranchal Through Revenue ,Uttaranchal and 6 others | Disposed |
To see the full case history of Prag Agro Farm Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prag Agro Farm Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prag Agro Farm has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAACP9421D1ZS | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prag Agro Farm Limited, buy the company report.
Recent activity
Prag Agro Farm Limited has 21 board changes on record since 2000: 12 appointments and 9 cessations. The latest: Ramesh Chand Dhiman ceased to be Director on 01 Jan 2018.
12 earlier events are in the company report.
Frequently asked questions
Prag Agro Farm is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Prag Agro Farm is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 25 April 1997 and is registered under CIN U01100MH1997PLC128846. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Prag Agro Farm has 3 current directors:
- Surendra Kumar Sipani - Director
- Sib Sankar Bandyopadhyay - Director
- Suneel Kumar Pandey - Director
The latest financial statements of Prag Agro Farm on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 June 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Prag Agro Farm is U01100MH1997PLC128846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prag Agro Farm has 5 court cases on record: 5 filed by the company. Most are in the high courts.
Prag Agro Farm was incorporated on 25 April 1997. It is registered with the Registrar of Companies, Mumbai.
Ramesh Chand Dhiman ceased to be Director on 01 Jan 2018. Samir Vijay Limaye ceased to be Director on 01 Jan 2018. Sib Sankar Bandyopadhyay was appointed as Director on 18 Dec 2017. Prag Agro Farm has 21 board changes on record in total.
The registered office of Prag Agro Farm is at Indian Mercantile Chambers Ramjibhai Kamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
The GSTIN of Prag Agro Farm is 05AAACP9421D1ZS, registered in Uttarakhand.
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