MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0059613
Ashakirana Agrotech Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹6.17 Cr
▲ 21% YoY
Net profit · FY 2020
₹9.04 Lakh
Net margin 1.5%
EBITDA · FY 2020
₹74.25 Lakh
EBITDA margin 12%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹17.33 Lakh
Issued & subscribed
Open charges
₹2.38 Cr
Satisfied ₹1.45 Cr
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Ashakirana Agrotech Private Limited
Data last updated:
Ashakirana Agrotech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the organic and health foods segment of the food and beverages sector. It was incorporated on 26 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01403KA2013PTC068768. Its GSTIN is 29AALCA5456G1ZD (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹17.33 Lakh. It is led by directors Nitesh Jain and Shilpa Jain.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sampurna Chambers Sf4 2nd Floor No 13 Vasavi Temple Road V Puram, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.17 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹9.04 Lakh (net margin 1.5%) and EBITDA of ₹74.25 Lakh (EBITDA margin 12%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
As per MCA filings, the company has open charges of ₹2.38 Cr and satisfied charges of ₹1.45 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 3 cases are pending.
Ashakirana Agrotech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0059613). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akagrotech.com.
Company details
CIN U01403KA2013PTC068768
Registration Number 068768
Incorporation Date 26 April 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0059613
Key People
Nitesh Jain Director Shilpa Jain Director Recognitions & Rankings of Ashakirana Agrotech
Contact details
Ashakirana Agrotech Private Limited's registered office is in Bangalore, Karnataka. Its website is akagrotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSampurna Chambers Sf4 2nd Floor No 13 Vasavi Temple Road V Puram, Bangalore, Karnataka, India – 560004
- IndustryFood and Beverages, Organic & Health Foods
To see the full contact details of Ashakirana Agrotech Private Limited, buy the company report.
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Ashakirana Agrotech Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Ashakirana Agrotech is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Ashakirana Agrotech Private Limited, buy the company report.
Financials of Ashakirana Agrotech Private Limited
FY 2020 filings availableAshakirana Agrotech Private Limited reported revenue of ₹6.17 Cr (up 21% YoY) for FY 2020.
Revenue · FY 2020
₹6.17 Cr ▲ 21%
Net profit · FY 2020
₹9.04 Lakh margin 1.5%
EBITDA · FY 2020
₹74.25 Lakh margin 12%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 11%
Revenue rose 21% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 10% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹74.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.04 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Ashakirana Agrotech Private Limited, buy the company report.
Board of directors of Ashakirana Agrotech Private Limited
Ashakirana Agrotech has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Jain | Director | 28 Jan 2018 | 8 Years 9 Months | Current |
| Shilpa Jain | Director | 11 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Ashakirana Agrotech Private Limited is audited by D P R H & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D P R H & ASSOCIATES | FY 2020 | 012539S |
Shareholding
The shareholding of Ashakirana Agrotech Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ashakirana Agrotech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.38 Cr
Satisfied charges
₹1.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2020 | 100384836 | Others | ₹34.34 Lakh | Open | |
| 16 May 2018 | 100234966 | Others | ₹2.04 Cr | Open | |
| 04 Dec 2014 | 10539157 | Karnataka State Financial Corporation | ₹1.45 Cr | Satisfied |
To see the full charge records of Ashakirana Agrotech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ashakirana Agrotech Private Limited has 8 court cases on record: 5 filed by Ashakirana Agrotech, 3 filed against it. 3 cases are pending and 5 are disposed.
Total cases
8
Filed by the company
5
Filed against the company
3
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by M/S Nunhems India Pvt Ltd | Pending |
| District court, BALLARI, Karnataka | Civil suit | Filed by the company against S M Gherkins Vefetable Export Private Limited and 3 others | Pending |
| District court, BALLARI, Karnataka | Interim or miscellaneous application | Filed by the company against M/S. S.M. Gherkins Vegetable Export Private Ltd., Representd by Its Director and 3 others | Disposed |
| District court, VIJAYANAGAR, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| District court, VIJAYANAGAR, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Ashakirana Agrotech 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashakirana Agrotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashakirana Agrotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA5456G1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashakirana Agrotech Private Limited, buy the company report.
Recent activity
Ashakirana Agrotech Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Nitesh Jain ceased to be Additional Director on 29 Sep 2018.
Charges
A charge with Others of Rs. 203.72 Lakh registered on 16 May 2018 with Charge ID 100234966 was modified on 07 Jul 2021.
AGM
Ashakirana Agrotech Private Limited last Annual general meeting of members was held on 28 Dec 2020 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 34.34 Lakh with Charge ID 100384836 was registered on 16 Jun 2020.
Filing
Ashakirana Agrotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Ceased
Nitesh Jain ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 203.72 Lakh with Charge ID 100234966 was registered on 16 May 2018.
Ceased
Bharatkumar Jain ceased to be Director.
Appointed
Nitesh Jain was appointed as Director.
Ceased
Maresh Madival ceased to be Director.
Ceased
Shilpa Jain ceased to be Additional Director.
Charges
A charge registered on 04 Dec 2014 via Charge ID 10539157 with Karnataka State Financial Corporation was fully satisfied on 24 May 2017.
Ceased
Asha Dasappla ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Ashakirana Agrotech is an active private limited company based in Bangalore, Karnataka, India. The company works in organic and health foods, within the food and beverages industry. It was incorporated on 26 April 2013 (13+ years old) and is registered under CIN U01403KA2013PTC068768.
Ashakirana Agrotech has 2 current directors:
- Nitesh Jain - Director
- Shilpa Jain - Director
The latest financial statements of Ashakirana Agrotech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashakirana Agrotech is 29AALCA5456G1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Ashakirana Agrotech is U01403KA2013PTC068768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashakirana Agrotech has 8 court cases on record: 5 filed by the company and 3 filed against it. 3 are pending.
Ashakirana Agrotech was incorporated on 26 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Nitesh Jain ceased to be Additional Director on 29 Sep 2018. Bharatkumar Jain ceased to be Director on 28 Jan 2018. Nitesh Jain was appointed as Director on 28 Jan 2018. Ashakirana Agrotech has 10 board changes on record in total.
Yes, Ashakirana Agrotech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0059613).
Ashakirana Agrotech can be reached through the website akagrotech.com. Its registered office is in Bangalore, Karnataka, India.
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