About Agri Power and Engineering Solutions Private Limited
Data last updated:
Agri Power and Engineering Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ace Corpserve Llp. 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 industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 14 August 2013.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2013PTC070549. Its GSTIN is 29AAMCA0059L3ZA (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.85 Cr. It is led by directors including Sangeeta Ramchandra Mahadik and Hitesh Kothari (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 51 – A KIADB Industrial Area I Phase Bommasandra, Bangalore, Karnataka, India – 560099.
As per MCA filings, the company has satisfied charges of ₹119 Cr on record. The company has 5 deals on record (3 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹2.84 Cr; the latest was in March 2018. Its 10 peer companies in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Shri Gog Steel Alloys Private Limited with revenue of ₹9,340.
The last known website on record is aggrowth.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 51 – A KIADB Industrial Area I Phase Bommasandra, Bangalore, Karnataka, India – 560099
- IndustryMachinery and Equipment, Industrial Machinery 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
Financials of Agri Power and Engineering Solutions Private Limited FY 2024 filings available
Agri Power and Engineering Solutions Private Limited reported revenue of ₹8,000 (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Agri Power and Engineering Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 99% fall 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 Agri Power and Engineering Solutions 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Agri Power and Engineering Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Agri Power and Engineering Solutions 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 Agri Power and Engineering Solutions Private Limited
Agri Power and Engineering Solutions Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment 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 |
|---|---|---|---|---|---|---|
| Shri Gog Steel Alloys Private Limited | ₹9,340 (FY 2024) | •••• | •••• | -100.0% | •••• | Coimbatore, Tamil Nadu, India |
| Arctic Innovage Private Limited | ₹8,700 (FY 2023) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| NPK Exports Private Limited. | ₹8,290 (FY 2025) | •••• | •••• | 34.0% | •••• | Ahmedabad, Gujarat, India |
| Manas Udyog Ltd | ₹8,250 (FY 2024) | •••• | •••• | 1000.0% | •••• | Guwahati, Assam, India |
| Gamut Textile Solutions Private Limited | ₹8,108 (FY 2023) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Agri Power and Engineering Solutions Private Limited this company | ₹8,000 (FY 2025) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
| Ably Resources Private Limited | ₹8,000 (FY 2018) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| Avrns Engineering Private Limited | ₹7,950 (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Rapsum Multitrade Private Limited | ₹7,825 (FY 2025) | •••• | •••• | -100.0% | •••• | Gwalior, Madhya Pradesh, India |
| Micropore Technologies (India) Private Limited | ₹7,770 (FY 2024) | •••• | •••• | -100.0% | •••• | Hyderabad, Telangana, India |
| Hi-Tech Metrology Private Limited | ₹7,642 (FY 2025) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Agri Power and Engineering Solutions by revenue in the Machinery and Equipment industry (Machinery and Equipment 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 Agri Power and Engineering Solutions Private Limited
Agri Power and Engineering Solutions Private Limited is audited by G S Nayak & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G S Nayak & 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 Agri Power and Engineering Solutions Private Limited
Agri Power and Engineering Solutions has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Ramchandra Mahadik | Director | 31 Mar 2022 | 4 Years 6 Months | As last reported |
| Hitesh Kothari Also directs: Kothari & Jain LLP, Kothari and Jain Partners LLP, Hargo Enterprise Private Limited and 1 more | Irp/Rp/Liquidator | 15 Apr 2025 | 1 Years 5 Months | As last reported |
| Ashit Mansinh Ved | Director | 09 Mar 2016 | 10 Years 7 Months | As last reported |
Ownership and Shareholding of Agri Power and Engineering Solutions 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 Agri Power and Engineering Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Oct 2015 | Others | ₹119 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Agri Power and Engineering Solutions Private Limited
Agri Power and Engineering Solutions Private Limited has 5 deals on record (3 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹2.84 Cr; the latest was in March 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹2.84 Cr | Investors: Multiples Private Equity |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Multiples Private Equity Seller: Milltec Machinery Limited , Vrouwen Macht Private Limited |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Vrouwen Macht Private Limited |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: Vrouwen Macht Private Limited Seller: Milltec Machinery Limited , an individual |
| Nov 2014 | Acquisition | Undisclosed | Buyer: Milltec Machinery Limited Seller: 2 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Agri Power and Engineering Solutions Private Limited
Employment history and EPFO contributions of people linked to Agri Power and Engineering Solutions.
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 Agri Power and Engineering Solutions Private Limited
Agri Power and Engineering Solutions Private Limited has 17 board changes on record since 2014: 3 appointments and 14 cessations. The latest: Hitesh Kothari was appointed as Irp/Rp/Liquidator on 15 Apr 2025.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Agri Power and Engineering Solutions 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 Agri Power and Engineering Solutions 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 Agri Power and Engineering Solutions 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 Agri Power and Engineering Solutions Private Limited
Agri Power and Engineering Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCA0059L3ZA | Karnataka | Active | 16 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 Agri Power and Engineering Solutions 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 Agri Power and Engineering Solutions Private Limited
Agri Power and Engineering Solutions 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.
Agri Power and Engineering Solutions is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 14 August 2013 and is registered under CIN U31900KA2013PTC070549. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Agri Power and Engineering Solutions has 3 current directors:
- Sangeeta Ramchandra Mahadik - Director
- Ashit Mansinh Ved - Director
- Hitesh Kothari - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Agri Power and Engineering Solutions is U31900KA2013PTC070549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agri Power and Engineering Solutions has no open charges and satisfied charges of ₹119 Cr as per latest MCA filings.
Agri Power and Engineering Solutions was incorporated on 14 August 2013. It is registered with the Registrar of Companies, Bangalore.
Agri Power and Engineering Solutions has 5 deals on record (3 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹2.84 Cr; the latest was in March 2018.
The peers of Agri Power and Engineering Solutions by revenue are Shri Gog Steel Alloys Private Limited, Arctic Innovage Private Limited, NPK Exports Private Limited, Manas Udyog Ltd, Gamut Textile Solutions Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Hitesh Kothari was appointed as Irp/Rp/Liquidator on 15 Apr 2025. Sangeeta Ramchandra Mahadik ceased to be Additional Director on 30 Sep 2022. Rashmi Purwar ceased to be Director on 01 Apr 2022. Agri Power and Engineering Solutions has 17 board changes on record in total.
Agri Power and Engineering Solutions can be reached through the website aggrowth.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Agri Power and Engineering Solutions is at No. 51 – A KIADB Industrial Area I Phase Bommasandra, Bangalore, Karnataka, India – 560099.