About Champion Agro Limited
Data last updated: 22 July 2025
Champion Agro Limited is a public limited company based in D-Rajkot, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in agricultural support and advisory, a part of the broader agriculture sector. Incorporated on 26 July 1994, the company has been in operation for over 32 years.
Registered with ROC Ahmedabad under CIN U31909GJ1994PLC022605.
Capital: an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹8.71 Cr. Formerly known as Magnetic Electrical Private Limited and Magnetic Industries Limited. It is led by directors including Sushil Tewary Vishwakant and Jitendrakumar Ghusabhai Hirpara.
Last AGM: 29 September 2017. Financial statements filed for year ended 31 March 2017. Office: S No 217 Paiki Plot No 2National Highway Veraval Shapar Tal – Kotdasangani, D – Rajkot, Gujarat, India.
The company is associated with 1 brand - Champion Agro. As per MCA filings, the company has open charges of ₹289.06 Cr and satisfied charges of ₹17.36 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is championagro.com.
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Registered AddressS No 217 Paiki Plot No 2National Highway Veraval Shapar Tal – Kotdasangani, D – Rajkot, Gujarat, India
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IndustryAgriculture, Agri Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Champion Agro Limited
Champion Agro Limited has undergone 2 name changes throughout its history. The company was previously known as Magnetic Electrical Private Limited, and Magnetic Industries Limited. The current legal name is Champion Agro Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Champion Agro Limited | Current |
| Magnetic Electrical Private Limited | Previous |
| Magnetic Industries Limited | Previous |
Associated Brands with Champion Agro Limited
Champion Agro Limited operates one associated brand: Champion Agro. These brands represent Champion Agro Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures agricultural water pumps | championagro.com |
Business Activity of Champion Agro Limited
Champion Agro Limited engages in various business activities. The company's operational segments demonstrate its market presence and business diversification.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | Locked | Locked | Locked |
Detailed business activity records for Champion Agro Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Champion Agro Limited
Champion Agro Limited is audited by BAKUL V GANATRA & CO for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAKUL V GANATRA & CO | Locked | Locked | Locked |
Complete auditor history for Champion Agro Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Champion Agro Limited
Champion Agro Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Tewary Vishwakant | Irp/Rp/Liquidator | 23 Feb 2024 | 2 Years 5 Months | As last reported |
| Jitendrakumar Ghusabhai Hirpara | Managing Director | 27 Jul 2003 | 23 Years 0 Months | As last reported |
| Dhirajlal Ghusabhai Hirpara | Managing Director | 26 Jul 1994 | 32 Years 0 Months | As last reported |
| Rajshree Rameshbhai Banker | Director | 01 Oct 2016 | 9 Years 10 Months | As last reported |
Financials of Champion Agro Limited FY 2017 filings available
Ten-year financial statements for Champion Agro Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Champion Agro Limited
Shareholding and ownership data for Champion Agro Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Champion Agro Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2014 | Il&Fs Financial Services Limited | ₹40 Cr | Open |
| 27 Sep 2012 | Axis Bank Limited | ₹9.85 Cr | Open |
| 13 Dec 2011 | Small Industries Development Bank of India | ₹10 Cr | Open |
| 20 Jul 2011 | Dhanlaxmi Bank Limitd | ₹20 Cr | Open |
| 29 Sep 2009 | Idbi Bank Limited | ₹55 Cr | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Champion Agro Limited
Champion Agro Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history for Champion Agro Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Champion Agro Limited
GST registrations and filing compliance for Champion Agro Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Champion Agro Limited
Credit ratings, litigation, and regulatory alerts for Champion Agro Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Champion Agro Limited
MSME payment history for Champion Agro Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Champion Agro Limited
Corporate group structure for Champion Agro Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Champion Agro Limited
MCA filings and documents for Champion Agro Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Champion Agro Limited
Frequently Asked Questions about Champion Agro Limited
Champion Agro Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Champion Agro Limited is a company under liquidation, formerly operating as a public limited company in the agriculture sector based in D-Rajkot, Gujarat, India. It was incorporated on 26 July 1994 and is registered under CIN U31909GJ1994PLC022605. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The current directors of Champion Agro Limited are:
- Sushil Tewary Vishwakant - Irp/Rp/Liquidator
- Jitendrakumar Ghusabhai Hirpara - Managing Director
- Dhirajlal Ghusabhai Hirpara - Managing Director
- Rajshree Rameshbhai Banker - Director
The CIN (Corporate Identification Number) of Champion Agro Limited is U31909GJ1994PLC022605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Champion Agro Limited has open charges of ₹289.06 Cr and satisfied charges of ₹17.36 Cr as per latest MCA filings.
The primary industry of Champion Agro Limited is agriculture. The company specifically operates in agri support services.