Balele Agro Private Limited
About Balele Agro Private Limited
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Balele Agro Private Limited is a private limited company based in Karnataka, India. It operates in the agricultural support services segment of the agriculture sector. It was incorporated on 03 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PTC019112. Its GSTIN is 29AADCB0117F1Z6 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.68 Lakh. It is led by directors including Adengada Madaiah Sheela and Adengada Belliappa Mandanna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Post Office Buildingmain Road Balele, Karnataka, India – 578121.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.78 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹98,723 (net margin -1.9%) and EBITDA of -₹36,557 (EBITDA margin -0.7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 10% over five years.
As per MCA filings, the company has satisfied charges of ₹2 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Balele Agro has one previous CIN (Corporate Identification Number): U01122KA1995PTC019112. The current CIN is U85110KA1995PTC019112, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PTC019112 | Current |
| U01122KA1995PTC019112 | Previous |
Contact details
Balele Agro Private Limited's registered office is in Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPost Office Buildingmain Road Balele, Karnataka, India – 578121
- IndustryAgriculture, Agricultural Support Services, Hunting
To see the full contact details of Balele Agro 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 Balele Agro is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Balele Agro Private Limited, buy the company report.
Financials of Balele Agro Private Limited
FY 2025 filings availableBalele Agro Private Limited reported revenue of ₹52.78 Lakh (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 33% fall in the latest year. EBITDA fell 118% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹36,557 | ||||
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| Net Profit (PAT) | -₹98,723 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | ||||
| Net Profit Margin | -1.9% | ||||
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To see the full financial statements and ratios of Balele Agro Private Limited, buy the company report.
Board of directors of Balele Agro Private Limited
Balele Agro has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adengada Madaiah Sheela | Director | 14 Dec 2016 | 9 Years 10 Months | Current |
| Adengada Belliappa Mandanna | Director | 14 Dec 2016 | 9 Years 10 Months | Current |
| Adegengada Mandanna Madaiah | Director | 04 Nov 1995 | 30 Years 11 Months | Current |
Peer comparison
Balele Agro Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (support activities to agriculture and other activities including hunting), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ranibandh Mahila Farmer Producer Company Limited | ₹52.84 Lakh (FY 2024) | -12.0% | Ranibandh, West Bengal, India | |||
| Adu Uplifting Farmers Producer Company Limited | ₹52.83 Lakh (FY 2024) | 267.0% | Farrukhabad, Uttar Pradesh, India | |||
| Vajura Farmers Producer Company Limited | ₹52.81 Lakh (FY 2023) | 78.0% | Thiruchuli, Tamil Nadu, India | |||
| Thanjavur Paddy and Rice Millers Consortium Private Limited | ₹52.79 Lakh (FY 2025) | Orathanadu, Tamil Nadu, India | ||||
| Raumangal Agro Private Limited | ₹52.79 Lakh (FY 2025) | 85.0% | Mumbai, Maharashtra, India | |||
| Balele Agro Private Limitedthis company | ₹52.78 Lakh (FY 2024) | -₹98,723 | -1.9% | -33.0% | Karnataka, India | |
| Kumareshwar Horticulture Farmers Producer Company Limited | ₹52.74 Lakh (FY 2022) | -20.0% | Hangal, Karnataka, India | |||
| Jai Jungle Farmers Producer Company Limited | ₹52.69 Lakh (FY 2024) | 357.0% | Gamharia, Chhattisgarh, India | |||
| Gadapati Chilly Producer Company Limited | ₹52.69 Lakh (FY 2025) | 128.0% | Sambalpur, Odisha, India | |||
| Kisan Mitra Farmtech Producer Company Limited | ₹52.68 Lakh (FY 2025) | 3.0% | Jalna, Maharashtra, India | |||
| Karkheda Agri Producer Company Limited | ₹52.68 Lakh (FY 2024) | 34.0% | Mangrulpir, Maharashtra, India |
To see the full peer comparison of Balele Agro Private Limited, buy the company report.
Auditor
Balele Agro Private Limited is audited by GEORGE JOSEPH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GEORGE JOSEPH & CO | FY 2017 | 000908S |
Shareholding
The shareholding of Balele Agro Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Balele Agro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 1999 | 90197501 | Canara Bank | ₹2 Lakh | Satisfied |
To see the full charge records of Balele Agro Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Balele Agro Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balele Agro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balele Agro has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB0117F1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balele Agro Private Limited, buy the company report.
Recent activity
Balele Agro Private Limited has 7 board changes on record since 1995: 3 appointments and 4 cessations. The latest: Adengada Belliappa Mandanna ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Balele Agro is an active private limited company based in Karnataka, India. The company works in agricultural support services, within the agriculture industry. It was incorporated on 03 November 1995 (31+ years old) and is registered under CIN U85110KA1995PTC019112.
Balele Agro has 3 current directors:
- Adengada Madaiah Sheela - Director
- Adengada Belliappa Mandanna - Director
- Adegengada Mandanna Madaiah - Director
The latest financial statements of Balele Agro on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Balele Agro is 29AADCB0117F1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Balele Agro is U85110KA1995PTC019112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balele Agro was incorporated on 03 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Balele Agro by revenue are Ranibandh Mahila Farmer Producer Company Limited, Adu Uplifting Farmers Producer Company Limited, Vajura Farmers Producer Company Limited, Thanjavur Paddy and Rice Millers Consortium Private Limited, Raumangal Agro Private Limited and 5 more, all in the same principal business activity (support activities to agriculture and other activities including hunting).
Adengada Belliappa Mandanna ceased to be Additional Director on 30 Sep 2017. Adengada Madaiah Sheela ceased to be Additional Director on 30 Sep 2017. Kongettira Muddappa Ganapathy ceased to be Director on 05 Jun 2017. Balele Agro has 7 board changes on record in total.
The registered office of Balele Agro is at Post Office Buildingmain Road Balele, Karnataka, India – 578121.
Balele Agro operates in the agriculture industry, in the agricultural support services segment.
Balele Agro has no open charges and satisfied charges of ₹2 Lakh as per latest MCA filings.