About Bgrow Agro-Tech Private Limited
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Bgrow Agro-Tech Private Limited is a private limited company based in Sullia, Karnataka, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 28 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29211KA2005PTC036164. Its GSTIN is 29AACCB6484E1ZJ (Karnataka).
The company has an authorised share capital of ₹1.35 Cr and a paid-up capital of ₹1.31 Cr. It is led by directors Ramakrishna Bhat (Managing Director) and Ramakrishna Avyaktha.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Chocolate Factory Beeramangila, Sullia, Karnataka, India – 574239.
As per the financials filed for FY 2022, the company reported a revenue of ₹34.78 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹1.98 Cr and EBITDA of -₹1.27 Cr (EBITDA margin -366%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹4.09 Cr and satisfied charges of ₹1.29 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bgrows.in.
Company details
Contact details
Bgrow Agro-Tech Private Limited's registered office is in Sullia, Karnataka. Its website is bgrows.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressChocolate Factory Beeramangila, Sullia, Karnataka, India – 574239
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Bgrow Agro-Tech 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 Bgrow Agro-Tech 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 Bgrow Agro-Tech Private Limited, buy the company report.
Financials of Bgrow Agro-Tech Private Limited
FY 2022 filings availableBgrow Agro-Tech Private Limited reported revenue of ₹34.78 Lakh (down 72% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 72% fall in the latest year. EBITDA fell 488% 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
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| EBITDA | -₹1.27 Cr | ||||
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| Net Profit (PAT) | -₹1.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -366% | ||||
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To see the full financial statements and ratios of Bgrow Agro-Tech Private Limited, buy the company report.
Board of directors of Bgrow Agro-Tech Private Limited
Bgrow Agro-Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishna Bhat | Managing Director | 28 Apr 2005 | 21 Years 5 Months | Current |
| Ramakrishna Avyaktha | Director | 28 Apr 2005 | 21 Years 5 Months | Current |
Shareholding
The shareholding of Bgrow Agro-Tech Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bgrow Agro-Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2020 | 100353657 | Karnataka Bank Ltd. | ₹11.5 Lakh | Open | |
| 09 Jul 2020 | 100353665 | Karnataka Bank Ltd. | ₹40 Lakh | Open | |
| 21 May 2014 | 10542387 | Karnataka Bank Ltd. | ₹3.58 Cr | Open | |
| 16 Nov 2017 | 100147380 | Karnataka Bank Ltd. | ₹60 Lakh | Satisfied | |
| 06 Feb 2017 | 100079723 | Karnataka Bank Ltd. | ₹50 Lakh | Satisfied |
To see the full charge records of Bgrow Agro-Tech Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Bgrow Agro-Tech Private Limited has 7 court cases on record: 2 filed by Bgrow Agro-Tech, 5 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Appeal | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Bgrow Agro-Tech 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 Bgrow Agro-Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bgrow Agro-Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCB6484E1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bgrow Agro-Tech Private Limited, buy the company report.
Recent activity
Bgrow Agro-Tech Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Ramakrishna Avyaktha was appointed as Director on 28 Apr 2005.
6 earlier events are in the company report.
Frequently asked questions
Bgrow Agro-Tech is an active private limited company based in Sullia, Karnataka, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 28 April 2005 (21+ years old) and is registered under CIN U29211KA2005PTC036164.
Bgrow Agro-Tech has 2 current directors:
- Ramakrishna Bhat - Managing Director
- Ramakrishna Avyaktha - Director
The latest financial statements of Bgrow Agro-Tech on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Bgrow Agro-Tech is 29AACCB6484E1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Bgrow Agro-Tech is U29211KA2005PTC036164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bgrow Agro-Tech has 7 court cases on record: 2 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Bgrow Agro-Tech was incorporated on 28 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Ramakrishna Avyaktha was appointed as Director on 28 Apr 2005. Ramakrishna Bhat was appointed as Managing Director on 28 Apr 2005.
Bgrow Agro-Tech can be reached through the website bgrows.in. Its registered office is in Sullia, Karnataka, India.
The registered office of Bgrow Agro-Tech is at Chocolate Factory Beeramangila, Sullia, Karnataka, India – 574239.