Agrocel Industries Private Limited

Manufacturer of marine chemicals and agri inputs, part of Excel Group, established in 1985.

1985 | Kachchh, Gujarat (India) | Active
Last Updated:

Agrocel Industries Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 40 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 108.00 Cr
  • Satisfied Charges ₹ 820.68 Cr
  • Revenue Growth 30.82%
  • Profit Growth 54.10%
  • Ebitda 31.27%
  • Net Worth 21.50%
  • Total Assets 18.62%

About Agrocel Industries

Agrocel Industries Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 January 1985 and has a history of 40 years and three months. Its registered office is in Kachchh, Gujarat, India.

The Corporate was formerly known as Agrocel Pesticides Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹108.00 Cr. The company has closed loans amounting to ₹820.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Agrocel Industries Private Limited India is Neeraj Omar as COMPANY SECRETARY. Jagdish Naik, Dipesh Shroff, Preeti Shroff, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24210GJ1985PTC007569

  • Company No.

    007569

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 1985

  • Date of AGM

    31 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture
Chemicals and Materials

What products or services does Agrocel Industries Private Limited offer?

Agrocel Industries Private Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Inorganic Acids, Phosphoric Acid.

Company report

Agrocel Industries Private Limited

Explore comprehensive data for Agrocel Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Agrocel Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Dipesh Shroff Country flag representing In Managing Director26-Jun-1996Current
Neeraj Omar Country flag representing In Company Secretary19-Nov-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Ramchandra Bhogale Country flag representing In Director 05-Aug-2024Current
Jagdish Naik Country flag representing In Director 26-Jun-1996Current
Preeti Shroff Country flag representing In Director 28-Jun-2017Current
Hrishit Shroff Country flag representing In Director 30-May-2019Current
Jaidev Shroff Country flag representing Gb Director 04-May-2021Current
Kevin Martin Country flag representing Au Director 21-Mar-2014Current

Financial Performance of Agrocel Industries.

Agrocel Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.82% increase. The company also saw a substantial improvement in profitability, with a 54.1% increase in profit. The company's net worth Soared by an impressive increase of 21.5%.

Agrocel Industries revenue growth over time
Agrocel Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
30.82%
Revenue from Operations
29.68%
Total Assets
18.62%
Profit or Loss
54.10%
Net Worth
21.50%
EBITDA
31.27%

What is the Ownership and Shareholding Structure of Agrocel Industries?

In 2023, Agrocel Industries had a promoter holding of 96.68% and a public holding of 3.31%. The company had 3 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹108.00 Cr

Satisfied Charges

₹820.68 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 98.00 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2022Others₹10.00 CrOpen
20 Dec 2018Axis Bank Limited₹98.00 CrOpen
26 Dec 2018Others₹638.98 CrSatisfied
23 Dec 2018Others₹145.00 CrSatisfied
30 Mar 2013Yes Bank Limited₹2.50 CrSatisfied

How Many Employees Work at Agrocel Industries?

Agrocel Industries has a workforce of 571 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Agrocel Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Agrocel Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Agrocel Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Agrocel Industries

Recent activity within the organization

  • Director Appointment

    Neeraj Kumar Omar was appointed as a Company Secretary was appointed as a Company Secretary on 19 Nov 2024 & has been associated with this company since 5 months 12 days .

  • Annual General Meeting

    Agrocel Industries Private Limited last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records.

  • Director Appointment

    Ramchandra Neelkanth Bhogale was appointed as a Director was appointed as a Director on 05 Aug 2024 & has been associated with this company since 8 months 26 days .

  • Balance Sheet

    Agrocel Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 26 Dec 2018 via Charge ID 100232960 with Others was fully satisfied on 20 Apr 2023.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 31 Mar 2022 with Charge ID 100561099 was modified on 21 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Agrocel Industries Private Limited?

    Agrocel Industries Private Limited was incorporated on 16 Jan 1985.

  • What is authorized share capital and paid-up capital of Agrocel Industries Private Limited?

    The authorized share capital of Agrocel Industries Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Who are the current board members & directors of Agrocel Industries Private Limited?

    Currently 11 directors are associated with Agrocel Industries Private Limited.

    • Jagdish Ramanlal Naik
    • Dipesh Kantisen Shroff
    • Preeti Dipesh Shroff
    • Hrishit Ashwin Shroff
    • Jaidev Rajnikant Shroff
    • Ramchandra Neelkanth Bhogale
    • Kevin Patrick Martin
    • Chaitanya Dipesh Shroff
    • Rajendra Bhogilal Shah
    • Harshal Manojbhai Gohil
    • Neeraj Kumar Omar

  • What is the registered address of Agrocel Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Agrocel Industries Private Limited is Agrocel House R.S.No. 135/ Paikee 1 / 1, 2 India, Bhachau, Gujarat, 370020.

  • What is the corporate identification number (CIN) and company number of Agrocel Industries Private Limited?

    The corporate identification number (CIN) of Agrocel Industries Private Limited is U24210GJ1985PTC007569 and the company number is 007569 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Agrocel Industries Private Limited?

    The Official website of Agrocel Industries Private Limited is https://www.agrocel.net

  • What has been the recent revenue trend for Agrocel Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Agrocel Industries Private Limited has risen by 30.82%.

  • How many employees does Agrocel Industries Private Limited currently have?

    As Per 2023 financial reports, 571 employees are currently employed by Agrocel Industries Private Limited.

  • What change has been observed in the net worth of Agrocel Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Agrocel Industries Private Limited has experienced an upsurge of 21.50%.

  • What are the total open charges for Agrocel Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Agrocel Industries Private Limited amount to ₹ 108.00 Cr.

  • When was the last Balance Sheet of Agrocel Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Agrocel Industries Private Limited was filed with the ROC on 31 Mar 2024.

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