Bangalore Agrotech Limited
About Bangalore Agrotech Limited
Data last updated:
Bangalore Agrotech Limited was a public limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Bharat Fritz Werner Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the horticulture and produce segment of the agriculture sector. It was incorporated on 19 October 1994.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1994PLC016420.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Praful Shende Shankar and Rajesh Agte Shriram.
Its last annual general meeting (AGM) was held on 16 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at C/O Bharat Fritz Warner Ltdpeenya Yeshwanthpur (P.O) Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2019, the company reported a revenue of ₹39.09 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹39.1 Lakh (net margin 100%) and EBITDA of ₹38.84 Lakh (EBITDA margin 99.4%).
As per MCA filings, the company had satisfied charges of ₹15 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Company details
CIN history
Bangalore Agrotech has one previous CIN (Corporate Identification Number): U01406KA1994PLC016420. The current CIN is U85110KA1994PLC016420, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1994PLC016420 | Current |
| U01406KA1994PLC016420 | Previous |
Contact details
Bangalore Agrotech Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Bharat Fritz Warner Ltdpeenya Yeshwanthpur (P.O) Bangalore, Karnataka, India – 560022
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Bangalore Agrotech 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 Bangalore 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 Bangalore Agrotech Limited, buy the company report.
Financials of Bangalore Agrotech Limited
FY 2019 filings availableBangalore Agrotech Limited reported revenue of ₹39.09 Lakh (down 91% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year. EBITDA fell 90% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹38.84 Lakh | ||||
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| Net Profit (PAT) | ₹39.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.4% | ||||
| Net Profit Margin | 100% | ||||
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To see the full financial statements and ratios of Bangalore Agrotech Limited, buy the company report.
Board of directors of Bangalore Agrotech Limited
Bangalore Agrotech has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praful Shende Shankar Also directs: Ameya Infinite Opportunities LLP | Director | 05 Jan 2018 | 8 Years 10 Months | As last reported |
| Rajesh Agte Shriram Also directs: Excel Precision Manufacturing Limited | Director | 30 Nov 2016 | 9 Years 11 Months | As last reported |
| Sujoy Dasgupta | Director | 23 May 2014 | 12 Years 5 Months | As last reported |
Auditor
Bangalore Agrotech Limited is audited by VASANTH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASANTH & CO | FY 2017 | 008204S |
Shareholding
The shareholding of Bangalore Agrotech 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 Bangalore Agrotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2016 | 100041117 | Tata Capital Financial Services Limited | ₹15 Cr | Satisfied |
To see the full charge records of Bangalore Agrotech Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bangalore Agrotech Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by individuals | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Bangalore Agrotech 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 Bangalore Agrotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bangalore Agrotech Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bangalore Agrotech Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Praful Shende Shankar ceased to be Additional Director on 29 Nov 2018.
4 earlier events are in the company report.
Frequently asked questions
Bangalore Agrotech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Bangalore Agrotech was a public limited company based in Bangalore, Karnataka, India. The company worked in horticulture and produce, within the agriculture industry. It was incorporated on 19 October 1994 and is registered under CIN U85110KA1994PLC016420. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Bangalore Agrotech was incorporated on 19 October 1994. It is registered with the Registrar of Companies, Bangalore.
Bangalore Agrotech had 3 directors:
- Praful Shende Shankar - Director
- Rajesh Agte Shriram - Director
- Sujoy Dasgupta - Director
The CIN (Corporate Identification Number) of Bangalore Agrotech is U85110KA1994PLC016420. 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 Bangalore Agrotech is at CO Bharat Fritz Warner Ltdpeenya Yeshwanthpur P.O Bangalore, Karnataka, India – 560022.
The latest financial statements of Bangalore Agrotech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 16 September 2019. Year-wise statements from 2015 are in the company report.
Bangalore Agrotech operated in the agriculture industry, in the horticulture and produce segment.
Bangalore Agrotech has 2 court cases on record: 2 filed against it. Most are in the district courts.
Praful Shende Shankar ceased to be Additional Director on 29 Nov 2018. Jagannatha ceased to be Director on 05 Jan 2018. Praful Shende Shankar was appointed as Director on 05 Jan 2018. Bangalore Agrotech has 11 board changes on record in total.
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