About Ageco India Private Limited
Data last updated:
Ageco India Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 27 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51505MP2001PTC014885. Its GSTIN is 23AAECA2339R1ZH (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.2 Lakh. It is led by directors including Akshat Mantri and Erat Deepesh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.54 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.32 Lakh (net margin 0.7%) and EBITDA of ₹13.6 Lakh (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹1.2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ageco.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.151 A/Fb Scheme No. 94 Ring Road Pipliyahana Near Ocean Motors Goyal Na, Gar, Indore, Madhya Pradesh, India – 452016
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Ageco India Private Limited
The main business activity of Ageco India is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ageco India Private Limited FY 2025 filings available
Ageco India Private Limited reported revenue of ₹4.54 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ageco India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 4% fall in the latest year. EBITDA fell 4% 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 of Ageco India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.32 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 | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ageco India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ageco India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ageco India Private Limited
Ageco India Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inreco Entertainment Private Limited | ₹4.56 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Artsum Infratech Private Limited | ₹4.55 Cr (FY 2024) | •••• | •••• | 4977.0% | •••• | Jalgaon, Maharashtra, India |
| Sntech Technology Private Limited | ₹4.55 Cr (FY 2025) | •••• | •••• | 400.0% | •••• | East Delhi, Delhi, India |
| Enkart Waste Management Private Limited | ₹4.55 Cr (FY 2024) | •••• | •••• | 2286.0% | •••• | Bangalore, Karnataka, India |
| Livees Power System Private Limited | ₹4.55 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Namakkal, Tamil Nadu, India |
| Ageco India Private Limited this company | ₹4.54 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Indore, Madhya Pradesh, India |
| 3B Semiconductors Private Limited | ₹4.53 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Mumbai, Maharashtra, India |
| Sundev Appliances Limited | ₹4.52 Cr (FY 2019) | •••• | •••• | -91.0% | •••• | Mumbai, Maharashtra, India |
| Virkut Mobacs India Private Limited | ₹4.52 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Chennai, Tamil Nadu, India |
| Bak Power Systems Private Limited | ₹4.51 Cr (FY 2016) | •••• | •••• | 1367494.0% | •••• | New Delhi, Delhi, India |
| Golden Electroworld Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ageco India by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ageco India Private Limited
Ageco India Private Limited is audited by B. B. Gagrani & Co. for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. B. Gagrani & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ageco India Private Limited
Ageco India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshat Mantri | Director | 28 May 2019 | 7 Years 4 Months | Current |
| Erat Deepesh | Director | 04 Nov 2004 | 21 Years 11 Months | Current |
| Bharti Mantri | Director | 04 Nov 2004 | 21 Years 11 Months | Current |
Ownership and Shareholding of Ageco India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ageco India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2016 | Hdfc Bank Limited | ₹1.2 Cr | Open |
| 26 Mar 2004 | Punjab National Bank | ₹- | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Ageco India Private Limited
Ageco India Private Limited has 1 court case on record: 1 filed by Ageco India. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ageco India Private Limited
Employment history and EPFO contributions of people linked to Ageco India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ageco India Private Limited
Ageco India Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Sanjeev Sharma ceased to be Director on 08 Jan 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ageco India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ageco India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ageco India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ageco India Private Limited
Ageco India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECA2339R1ZH | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ageco India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ageco India Private Limited
Ageco India is an active private limited company based in Indore, Madhya Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 27 November 2001 (25+ years old) and is registered under CIN U51505MP2001PTC014885.
Ageco India reported revenue of ₹4.54 Cr for FY 2025 (down 4% YoY).
Ageco India has 3 current directors:
- Akshat Mantri - Director
- Erat Deepesh - Director
- Bharti Mantri - Director
Ageco India reported a net profit of ₹3.32 Lakh (net margin 0.7%) and EBITDA of ₹13.6 Lakh (EBITDA margin 3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ageco India is -30% over three years and -10% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ageco India is 23AAECA2339R1ZH, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Ageco India is U51505MP2001PTC014885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ageco India has 1 court case on record: 1 filed by the company.
Ageco India was incorporated on 27 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Ageco India by revenue are Inreco Entertainment Private Limited, Artsum Infratech Private Limited, Sntech Technology Private Limited, Enkart Waste Management Private Limited, Livees Power System Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Sanjeev Sharma ceased to be Director on 08 Jan 2021. Akshat Mantri was appointed as Director on 28 May 2019. Rolly Mantri ceased to be Director on 22 Jun 2015. Ageco India has 6 board changes on record in total.