Chifu Agritech Profile
Key Indicators
- Authorised Capital ₹ 2.25 M
- Paid Up Capital ₹ 2.00 M
- Company Age 5 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 89.40 Cr
- Revenue Growth 257.20%
- Profit Growth -283.92%
- Ebitda -277.10%
- Net Worth 99.35%
- Total Assets 165.19%
About Chifu Agritech
Chifu Agritech Private Limited (CAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 February 2020 (Five years and one month 27 days old ). Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.25 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹89.40 Cr.
Mrudhukar Batchu, Shobhit Jain, and Praneeth Boganadhula serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52202TG2020PTC139550
- Company No.
139550
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Feb 2020
- Date of AGM
31 Oct 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Agriculture
Chifu Agritech Private Limited
Explore comprehensive data for Chifu Agritech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Chifu Agritech?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shobhit Jain  | Director | 26-Feb-2020 | Current |
| Mrudhukar Batchu | Director | 07-Mar-2022 | Current |
| Praneeth Boganadhula | Director | 26-Feb-2020 | Current |
Financial Performance of Chifu Agritech.
Chifu Agritech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 257.2% increase. The company also saw a substantial fall in profitability, with a 283.92% decrease in profit. The company's net worth Soared by an impressive increase of 99.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Chifu Agritech?
In 2023, Chifu Agritech had a promoter holding of 98.42% and a public holding of 1.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹894.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 40.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 26.00 Cr
- Others : 23.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.00 Cr | Open |
| 18 May 2023 | Others | ₹8.40 Cr | Open |
| 02 Feb 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹25.00 Cr | Open |
| 29 Dec 2022 | Standard Chartered Bank | ₹40.00 Cr | Open |
| 04 Apr 2022 | Others | ₹15.00 Cr | Open |
How Many Employees Work at Chifu Agritech?
Chifu Agritech has a workforce of 679 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Chifu Agritech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Chifu Agritech's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Chifu Agritech
Recent activity within the organization
- Annual General Meeting
Chifu Agritech Private Limited last Annual general meeting of members was held on 31 Oct 2023 as per latest MCA records.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 10.00 M with Charge ID 100772560 was registered on 17 Aug 2023.
- Charges
A charge with Others amounted to Rs. 84.00 M with Charge ID 100776687 was registered on 18 May 2023.
- Balance Sheet
Chifu Agritech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 250.00 M registered on 02 Feb 2023 with Charge ID 100679652 was modified on 21 Mar 2023.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 250.00 M with Charge ID 100679652 was registered on 02 Feb 2023.
Recent News, Updates & Announcement
- GIC in talks to lead $40 million funding in India’s Vegrow.
GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two sources familiar with the matter said. The Singapore sovereign fund is evaluating leading a $40 million Series C funding round in Vegrow, the sources said. The talks, which have not finalized and so the terms could […].
Frequently asked questions
What is the Incorporation or founding date of Chifu Agritech Private Limited?
Chifu Agritech Private Limited was incorporated on 26 Feb 2020.
What is authorized share capital and paid-up capital of Chifu Agritech Private Limited?
The authorized share capital of Chifu Agritech Private Limited is ₹ 2.25 M and paid-up capital is ₹ 2.00 M.
Who are the current board members & directors of Chifu Agritech Private Limited?
Currently 3 directors are associated with Chifu Agritech Private Limited.
- Mrudhukar Batchu
- Shobhit Jain
- Praneeth Kumar Boganadhula
What is the registered address of Chifu Agritech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Chifu Agritech Private Limited is 8-5-119/5 Mallikarjuna Colony, Road No 3 Old Bowen Pally Kukat Pally, Hyderabad Andhra Pradesh, Telangana, India, 500011.
What is the corporate identification number (CIN) and company number of Chifu Agritech Private Limited?
The corporate identification number (CIN) of Chifu Agritech Private Limited is U52202TG2020PTC139550 and the company number is 139550 as per Ministry of Corporate Affairs (MCA).
What is the official website of Chifu Agritech Private Limited?
The Official website of Chifu Agritech Private Limited is https://www.vegrow.in
What has been the recent revenue trend for Chifu Agritech Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Chifu Agritech Private Limited has risen by 257.20%.
How many employees does Chifu Agritech Private Limited currently have?
As Per 2023 financial reports, 679 employees are currently employed by Chifu Agritech Private Limited.
What change has been observed in the net worth of Chifu Agritech Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Chifu Agritech Private Limited has experienced an upsurge of 99.35%.
What are the total open charges for Chifu Agritech Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Chifu Agritech Private Limited amount to ₹ 89.40 Cr.
When was the last Balance Sheet of Chifu Agritech Private Limited filed with the ROC?
The most recent Balance Sheet for Chifu Agritech Private Limited was filed with the ROC on 31 Mar 2023.
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