About Amricon Agrovet Private Limited
Data last updated:
Amricon Agrovet Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the animal feeds segment of the agriculture sector. It was incorporated on 10 January 2000.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U01409WB2000PTC090900. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.41 Cr. It was led by directors Archana Bagla and Harish Bagla.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 158 Lenin Sarani, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2016, the company reported a revenue of ₹111.54 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹7.84 Cr (net margin -7%) and EBITDA of -₹6.09 Cr (EBITDA margin -5.5%).
As per MCA filings, the company had open charges of ₹13 Cr on record. Court records list 137 cases involving the company, including 122 filed by the company and 15 filed against it; 38 cases are pending.
The last known website on record is amritgroup.net.
Company details
Contact details
Amricon Agrovet Private Limited's registered office is in Kolkata, West Bengal. Its website is amritgroup.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address158 Lenin Sarani, Kolkata, West Bengal, India – 700013
- IndustryAgriculture, Animal Feeds
To see the full contact details of Amricon Agrovet Private 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 Amricon Agrovet is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Amricon Agrovet Private Limited, buy the company report.
Financials of Amricon Agrovet Private Limited
FY 2016 filings availableAmricon Agrovet Private Limited reported revenue of ₹111.54 Cr (down 49% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 49% in the latest year. EBITDA fell 343% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹111.54 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹6.09 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7.84 Cr | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -5.5% | |
| Net Profit Margin | -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 | ||
To see the full financial statements and ratios of Amricon Agrovet Private Limited, buy the company report.
Board of directors of Amricon Agrovet Private Limited
Amricon Agrovet has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Bagla Also directs: Amrit Foods Private Limited, Amrit Feeds Ltd, Amrit Auto Ancillaries Private Limited and 5 more | Director | 24 Apr 2010 | 16 Years 6 Months | As last reported |
| Harish Bagla Also directs: Meghalaya Agrovet Private Limited, Amrit Foods Private Limited, Amrit Feeds Ltd and 5 more | Director | 10 Jan 2000 | 26 Years 9 Months | As last reported |
Auditor
Amricon Agrovet Private Limited is audited by K K JAIN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K JAIN & CO | FY 2016 | 302022E |
Shareholding
The shareholding of Amricon Agrovet Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Amricon Agrovet Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2009 | 10232968 | State Bank of India | ₹13 Cr | Open |
To see the full charge records of Amricon Agrovet Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Amricon Agrovet Private Limited has 137 court cases on record: 122 filed by Amricon Agrovet, 15 filed against it. 38 cases are pending and 99 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 118 | 3 | 38 |
| High courts | 16 | 9 | 0 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 137)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Jai Lakshmi Solvents Pvt. Ltd. | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed against the company by Dexterous Products Private Limited Through Satish Mangal | Disposed |
| High Court of Madhya Pradesh | Revision petition | Filed against the company by M/S Betul Oil Limited | Disposed |
| High Court of Madhya Pradesh | Revision petition | Filed by the company against M/S. Betul Oil Limited | Disposed |
| High Court | Company petition | Filed by the company against Ganges Jute Pvt. Ltd. | Disposed |
To see the full case history of Amricon Agrovet Private 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.
Credit ratings & regulatory alerts
Amricon Agrovet Private Limited was last rated by Icra on 16 May 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 16 May 2016 |
To see the full credit ratings and regulatory alerts of Amricon Agrovet Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Amricon Agrovet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Amricon Agrovet has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Amricon Agrovet Private Limited, buy the company report.
Recent activity
Amricon Agrovet Private Limited has 7 board changes on record since 2000: 2 appointments and 5 cessations. The latest: Gauri Prasad Bagla ceased to be Director on 10 Oct 2015.
Frequently asked questions
Amricon Agrovet has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Amricon Agrovet was a private limited company based in Kolkata, West Bengal, India. The company worked in animal feeds, within the agriculture industry. It was incorporated on 10 January 2000 and is registered under CIN U01409WB2000PTC090900. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Amricon Agrovet was incorporated on 10 January 2000. It is registered with the Registrar of Companies, Kolkata.
Amricon Agrovet had 2 directors:
- Archana Bagla - Director
- Harish Bagla - Director
The CIN (Corporate Identification Number) of Amricon Agrovet is U01409WB2000PTC090900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Amricon Agrovet is at 158 Lenin Sarani, Kolkata, West Bengal, India – 700013.
Amricon Agrovet can be reached through the website amritgroup.net. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Amricon Agrovet on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Amricon Agrovet has 7 GST registrations on record and all of them are cancelled or inactive.
Amricon Agrovet operated in the agriculture industry, in the animal feeds segment.
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