
Agri Process Innovations Technologies LLP
About Agri Process Innovations Technologies LLP
Data last updated:
Agri Process Innovations Technologies LLP is a limited liability partnership (LLP) based in Doddaballapura, Karnataka, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 28 November 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAH-9058.
The LLP has a total obligation of contribution of ₹6 Cr. It is led by designated partners Sridhar Nagalapur and Shashi Kumar Thimmaiah.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at No.164 & 165 KIADB Obadenahalli Industrial Area 3rd Phase, Doddaballapura, Karnataka, India – 561205.
As per the financials filed for FY 2020, the LLP reported a revenue of ₹34.13 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net loss of ₹3.11 Cr (net margin -9.1%) and EBITDA of -₹8.63 Cr (EBITDA margin -25.3%).
The LLP has about 165 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹67.66 Lakh and satisfied charges of ₹17.95 Cr on record. Court records list 13 cases involving the LLP, including 2 filed by the LLP and 11 filed against it; 3 cases are pending.
Company details
Contact details
Agri Process Innovations Technologies LLP's registered office is in Doddaballapura, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.164 & 165 KIADB Obadenahalli Industrial Area 3rd Phase, Doddaballapura, Karnataka, India – 561205
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Agri Process Innovations Technologies LLP, 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 Agri Process Innovations Technologies LLP
FY 2023 filings availableAgri Process Innovations Technologies LLP reported revenue of ₹34.13 Cr (up 97% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ₹34.13 Cr | |||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
| Administrative Expenses | ||||
| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | -₹3.11 Cr | |||
| Profit Transferred to Partners | ||||
| Assets and Liabilities | ||||
| Partners' Contribution | ||||
| Reserves and Surplus | ||||
| Secured Loans | ||||
| Unsecured Loans | ||||
| Trade Payables | ||||
| Other Liabilities and Provisions | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Loans and Advances | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | -9.1% | |||
| Return on Partners' Funds | ||||
| Return on Assets | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Debt to Partners' Funds | ||||
| Interest Coverage | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Turnover Growth | ||||
| Profit Growth | ||||
To see the full financial statements and ratios of Agri Process Innovations Technologies LLP, buy the company report.
Designated partners of Agri Process Innovations Technologies LLP
Agri Process Innovations Technologies has 2 current designated partners and 5 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridhar Nagalapur | Designated Partner | 05 Apr 2019 | 7 Years 6 Months | Current |
| Shashi Kumar Thimmaiah Also directs: Apit Machinery Private Limited | Designated Partner | 28 Nov 2016 | 9 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2024 | 100902570 | Siemens Financial Services Private Limited | ₹22.41 Lakh | Open | |
| 29 Dec 2023 | 100859347 | Siemens Financial Services Private Limited | ₹9.67 Lakh | Open | |
| 28 Nov 2023 | 100859350 | Siemens Financial Services Private Limited | ₹14.17 Lakh | Open | |
| 28 Nov 2023 | 100859352 | Siemens Financial Services Private Limited | ₹11 Lakh | Open | |
| 30 Oct 2023 | 100859354 | Siemens Financial Services Private Limited | ₹10.41 Lakh | Open |
To see the full charge records of Agri Process Innovations Technologies LLP, buy the company report.
Total charge records: 6 View all charges
Legal cases
Agri Process Innovations Technologies LLP has 13 court cases on record: 2 filed by Agri Process Innovations Technologies, 11 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 3 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Avcon Controls Pvt Ltd Through Authorised Person Mayur Kaluram Patole | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Spirax -Sarco India Private Limited, Rep. S.Sundarakrishnan | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against M/S Bhuwalka Castings and Forging Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Dynapak Packaging and Securing Solutions Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Forbes Marshall Private Limited Through Roopali Pathak | Disposed |
To see the full case history of Agri Process Innovations Technologies LLP, 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 Agri Process Innovations Technologies LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Agri Process Innovations Technologies LLP has a workforce of 165 employees on its EPFO records as of Dec 11, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Agri Process Innovations Technologies LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Agri Process Innovations Technologies LLP has 7 designated partner changes on record since 2016: 3 appointments and 4 cessations. The latest: Anju Bhandari was appointed as Partner on 02 Aug 2022.
6 earlier events are in the company report.
Frequently asked questions
Agri Process Innovations Technologies is an active limited liability partnership based in Doddaballapura, Karnataka, India. The LLP works in staple foods and grains, within the food and beverages industry. It was incorporated on 28 November 2016 (10+ years old) and is registered under LLPIN AAH-9058.
Agri Process Innovations Technologies has 2 current designated partners:
- Sridhar Nagalapur - Designated Partner
- Shashi Kumar Thimmaiah - Designated Partner
The latest financial statements of Agri Process Innovations Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2017 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Agri Process Innovations Technologies is AAH-9058. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Agri Process Innovations Technologies has 13 court cases on record: 2 filed by the LLP and 11 filed against it. 3 are pending.
Agri Process Innovations Technologies was incorporated on 28 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Anju Bhandari was appointed as Partner on 02 Aug 2022. Mangilal Bhandari Vikas ceased to be Designated Partner on 29 Mar 2021. Somashekar Basavegowda ceased to be Designated Partner on 05 May 2019. Agri Process Innovations Technologies has 7 designated partner changes on record in total.
The registered office of Agri Process Innovations Technologies is at No.164 & 165 KIADB Obadenahalli Industrial Area 3rd Phase, Doddaballapura, Karnataka, India – 561205.
Agri Process Innovations Technologies operates in the food and beverages industry, in the staple foods and grains segment.
Agri Process Innovations Technologies has open charges of ₹67.66 Lakh and satisfied charges of ₹17.95 Cr as per latest MCA filings.