About Bolas Agro Private Limited
Data last updated:
Bolas Agro Private Limited is a private limited company based in Karkala, Karnataka, India. It operates in the organic and health foods segment of the food and beverages sector. It was incorporated on 26 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15490KA2020PTC133036. Its GSTIN is 29AAICB9428N1ZW (Karnataka). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Bola Damodar Kamath (Managing Director) and Shubha Kamath (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ground Floor Block No.K – 56 Kedinje, Karkala, Karnataka, India – 574110.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,327.08 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹115.96 Cr (net margin 5%) and EBITDA of ₹177.4 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company has about 1,091 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bolas. As per MCA filings, the company has open charges of ₹242 Cr and satisfied charges of ₹267 Cr on record. Court records list 101 cases involving the company, including 96 filed by the company and 5 filed against it; 43 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in August 2023. The company has 10 MSME Form 1 returns on record between 2021 and 2024, listing 78 overdue payments to 16 micro and small suppliers.
For more details, the company can be reached via its website bolas.co.in.
Company details
Contact details
Bolas Agro Private Limited's registered office is in Karkala, Karnataka. Its website is bolas.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor Block No.K – 56 Kedinje, Karkala, Karnataka, India – 574110
- IndustryFood and Beverages, Organic & Health Foods, Food & Beverage Retail & Distribution
To see the full contact details of Bolas 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
Brands
Bolas Agro operates one associated brand: Bolas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online hub for purchasing nuts, dried fruits, sweets, and cookies. | bolas.co.in |
Business activity
The main business activities of Bolas Agro are manufacturing and trade. In detail, this covers food, beverages and tobacco products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bolas Agro Private Limited, buy the company report.
Financials of Bolas Agro Private Limited
FY 2024 filings availableBolas Agro Private Limited reported revenue of ₹2,327.08 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over three years, including 36% growth in the latest year. EBITDA rose 272% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹177.4 Cr | ||||
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| Net Profit (PAT) | ₹115.96 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Bolas Agro Private Limited, buy the company report.
Board of directors of Bolas Agro Private Limited
Bolas Agro has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubha Kamath | Whole-Time Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Bola Rajat Kamath Also directs: Bolas Foods Private Limited | Whole-Time Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Bola Rahul Kamath Also directs: Bolas Foods Private Limited, Bolas Intelli Solutions Private Limited, Pattabhi Industries Private Limited and 2 more | Whole-Time Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Bola Rajesh Kamath | Whole-Time Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Bola Damodar Kamath | Managing Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Sandeep Nayak | Whole-Time Director | 31 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Bolas Agro Private Limited is audited by A.K. GOPINATH SHENOY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.K. GOPINATH SHENOY & CO. | FY 2023 | 000983S |
Shareholding
The shareholding of Bolas Agro Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bolas Agro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2023 | 100749607 | State Bank of India | ₹242 Cr | Open | |
| 16 Jan 2021 | 100413253 | Others | ₹247 Cr | Satisfied | |
| 27 Jul 2020 | 100357927 | Axis Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of Bolas Agro Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Bolas Agro Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in August 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jul 2020 | Rights issue | ₹9.9 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bolas Agro Private Limited has 101 court cases on record: 96 filed by Bolas Agro, 5 filed against it. 43 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 96 | 0 | 42 |
| High courts | 5 | 5 | 1 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Court case (Com.O.S.) | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Bolas Agro 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
Bolas Agro Private Limited was last rated by Icra on 04 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 04 Jul 2021 |
To see the full credit ratings and regulatory alerts of Bolas Agro Private Limited, buy the company report.
MSME payment delays
Bolas Agro Private Limited has 10 MSME Form 1 returns on record between 2021 and 2024, listing 78 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Nanopix Integrated Software Solutions Private Limited | |||
| Praag Multipack LLP | |||
| Accord Exhibit |
To see the full MSME payment records of Bolas Agro Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bolas Agro Private Limited has a workforce of 1,091 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Bolas Agro has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICB9428N1ZW | Karnataka | Active | 03 Mar 2020 |
| 07AAICB9428N1Z2 | Delhi | Active | 11 Oct 2020 |
| 27AAICB9428N1Z0 | Maharashtra | Active | 18 Oct 2021 |
| 37AAICB9428N1ZZ | Andhra Pradesh | Active | 27 May 2022 |
To see the full GST registrations and return filing status of Bolas Agro Private Limited, buy the company report.
Recent activity
Bolas Agro Private Limited has 16 board changes on record since 2020: 7 appointments and 9 cessations. The latest: Isha Bola Kamath was appointed as Whole-Time Director on 31 Dec 2024.
13 earlier events are in the company report.
Frequently asked questions
Bolas Agro is an active private limited company based in Karkala, Karnataka, India. The company works in organic and health foods, within the food and beverages industry. It was incorporated on 26 February 2020 (6+ years old) and is registered under CIN U15490KA2020PTC133036.
Bolas Agro has 7 current directors:
- Bola Damodar Kamath - Managing Director
- Shubha Kamath - Whole-Time Director
- Bola Rajat Kamath - Whole-Time Director
- Bola Rahul Kamath - Whole-Time Director
- Bola Rajesh Kamath - Whole-Time Director
- Sandeep Nayak - Whole-Time Director
- Isha Bola Kamath - Whole-Time Director
The latest financial statements of Bolas Agro on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Bolas Agro is 29AAICB9428N1ZW, registered in Karnataka. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAICB9428N1Z2 (Delhi), 27AAICB9428N1Z0 (Maharashtra), 37AAICB9428N1ZZ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Bolas Agro is U15490KA2020PTC133036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bolas Agro has 101 court cases on record: 96 filed by the company and 5 filed against it. 43 are pending. Most are in the district courts.
Bolas Agro was incorporated on 26 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Bolas Agro has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in August 2023.
Isha Bola Kamath was appointed as Whole-Time Director on 31 Dec 2024. Isha Bola Kamath ceased to be Additional Director on 31 Dec 2024. Sandeep Nayak was appointed as Whole-Time Director on 31 Dec 2024. Bolas Agro has 16 board changes on record in total.
Bolas Agro has 10 MSME Form 1 returns on record between 2021 and 2024, listing 78 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Bolas Agro can be reached through the website bolas.co.in. Its registered office is in Karkala, Karnataka, India.
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