About Chifu Agritech Private Limited
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Chifu Agritech Private Limited is a private limited company based in Telangana, India. It operates in the agricultural products distribution segment of the agriculture 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), Hyderabad, under CIN U52202TG2020PTC139550. Its GSTIN is 36AAICC6655N1Z1 (Telangana). The company holds 13 GST registrations, all of them active.
The company has an authorised share capital of ₹22.64 Lakh and a paid-up capital of ₹19.97 Lakh. It is led by directors including Shobhit Jain and Praneeth Kumar Boganadhula.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8 – 5 – 119/5 Mallikarjuna Colony Road No 3 Old Bowen Pally Kukat Pally, Telangana, India – 500011.
As per the financials filed for FY 2025, the company reported a revenue of ₹554.86 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹153.74 Cr (net margin -27.7%) and EBITDA of -₹137.33 Cr (EBITDA margin -24.8%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years.
The company has about 622 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vegrow. As per MCA filings, the company has open charges of ₹133.51 Cr and satisfied charges of ₹8.4 Cr on record. Court records list 271 cases involving the company, including 269 filed by the company and 2 filed against it; 147 cases are pending. The company has 13 deals on record (7 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹688.97 Cr; the latest was in November 2025. Its 9 peer companies in the Agriculture industry (Agritech, Agro Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 5 smaller; the largest is Coastal Chemical Company Private Limited with revenue of ₹589.74 Cr. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 180 overdue payments to 99 micro and small suppliers.
For more details, the company can be reached via its website vegrow.in.
Company details
Contact details
Chifu Agritech Private Limited's registered office is in Telangana. Its website is vegrow.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8 – 5 – 119/5 Mallikarjuna Colony Road No 3 Old Bowen Pally Kukat Pally, Telangana, India – 500011
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Chifu Agritech 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 Chifu Agritech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Chifu Agritech Private Limited, buy the company report.
Financials of Chifu Agritech Private Limited
FY 2024 filings availableChifu Agritech Private Limited reported revenue of ₹554.86 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 75% over three years, including 36% growth in the latest year. EBITDA fell 17% 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 | -₹137.33 Cr | ||||
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| Net Profit (PAT) | -₹153.74 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 | -24.8% | ||||
| Net Profit Margin | -27.7% | ||||
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To see the full financial statements and ratios of Chifu Agritech Private Limited, buy the company report.
Board of directors of Chifu Agritech Private Limited
Chifu Agritech has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobhit Jain | Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Praneeth Kumar Boganadhula | Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Mrudhukar Batchu | Director | 07 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Chifu Agritech Private Limited is compared with the 9 companies closest to it by revenue in the Agriculture industry (Agritech, Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Coastal Chemical Company Private Limited | ₹589.74 Cr (FY 2025) | -30.0% | Secunderabad, Telangana, India | |||
| Putpex Commercial Trade Private Limited | ₹585.38 Cr (FY 2023) | -17.0% | Ahmedabad, Gujarat, India | |||
| Crop Score Commodities Private Limited | ₹584 Cr (FY 2025) | 229.0% | Ajmer, Rajasthan, India | |||
| Famy Steri Private Limited | ₹575.33 Cr (FY 2025) | 48.0% | Mumbai, Maharashtra, India | |||
| Chifu Agritech Private Limitedthis company | ₹554.86 Cr (FY 2025) | -₹153.74 Cr | -27.7% | 36.0% | 622 | Telangana, India |
| Holy-Land Marketing Private Limited | ₹554.71 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Saraf Trexim Limited | ₹550.72 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Best Agrochem Private Limited | ₹535.64 Cr (FY 2019) | 12.0% | New Delhi, Delhi, India | |||
| Berg and Schmidt (India) Private Limited | ₹530.56 Cr (FY 2025) | 47.0% | Pune, Maharashtra, India | |||
| Avyaan International Private Limited | ₹527.58 Cr (FY 2025) | 77.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Chifu Agritech Private Limited, buy the company report.
Auditor
Chifu Agritech Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2024 | 101049W/E300004 |
Shareholding
The shareholding of Chifu Agritech Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Chifu Agritech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2025 | 101193106 | Others | ₹6.01 Cr | Open | |
| 30 Oct 2024 | 101018574 | Others | ₹31.5 Cr | Open | |
| 17 Aug 2023 | 100772560 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Open | |
| 02 Feb 2023 | 100679652 | The Hongkong and Shanghai Banking Corporation Limited | ₹25 Cr | Open | |
| 29 Dec 2022 | 100667746 | Standard Chartered Bank | ₹55 Cr | Open |
To see the full charge records of Chifu Agritech Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Chifu Agritech Private Limited has 13 deals on record (7 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹688.97 Cr; the latest was in November 2025.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Debt financing | ₹6.01 Cr | Investors: Trifecta Capital |
| Nov 2024 | Debt financing | ₹36.5 Cr | Investors: Alteria Capital, VentureSoul Partners |
| Dec 2023 | Secondary share transfer | Undisclosed | Seller: Better Capital, Titan Capital, Ankur Capital |
| Dec 2023 | Funding round · Series C | ₹331.44 Cr | Investors: GIC Singapore, Prosus (Naspers), Z47 (Matrix Partners India) |
| Jul 2021 | Funding round · Series A | ₹97.65 Cr | Investors: Lightspeed India Partners, Elevation Capital (SAIF Partners), Z47 (Matrix Partners India) |
To see the full deal history of Chifu Agritech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chifu Agritech Private Limited has 271 court cases on record: 269 filed by Chifu Agritech, 2 filed against it. 147 cases are pending and 124 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 271 | 2 | 147 |
Cases on record (5 of 271)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Burhanpur, Madhya Pradesh | Court case (COMMS) | Filed against the company by Director Amol of Sanariya Agro Produce OPC Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sri Kanakeswara Fruit Co. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against HKGN Fruit Co. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Farmers Fresh Fruits | Pending |
To see the full case history of Chifu Agritech 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
Chifu Agritech Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 180 overdue payments to 99 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 99)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Whistledrive Private Limited | |||
| Eugen Printing & Packaging Private Limited |
To see the full MSME payment records of Chifu Agritech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Chifu Agritech Private Limited has a workforce of 622 employees on its EPFO records as of Sep 15, 2025, across 1 active EPFO establishment.
GST
Chifu Agritech has 13 GST registrations: 13 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICC6655N1Z1 | Telangana | Active | 03 Apr 2020 |
| 29AAICC6655N1ZW | Karnataka | Active | 05 Jan 2021 |
| 02AAICC6655N1ZC | Himachal Pradesh | Active | 01 Apr 2022 |
| 07AAICC6655N1Z2 | Delhi | Active | 01 Apr 2022 |
To see the full GST registrations and return filing status of Chifu Agritech Private Limited, buy the company report.
Recent activity
Chifu Agritech Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Mrudhukar Batchu was appointed as Director on 07 Mar 2022.
6 earlier events are in the company report.
News
Frequently asked questions
Chifu Agritech is an active private limited company based in Telangana, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 26 February 2020 (6+ years old) and is registered under CIN U52202TG2020PTC139550.
Chifu Agritech has 3 current directors:
- Shobhit Jain - Director
- Praneeth Kumar Boganadhula - Director
- Mrudhukar Batchu - Director
The latest financial statements of Chifu Agritech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Chifu Agritech is 36AAICC6655N1Z1, registered in Telangana. The company has 13 GST registrations in all, of which 13 are active. Other active GSTINs include 29AAICC6655N1ZW (Karnataka), 02AAICC6655N1ZC (Himachal Pradesh), 07AAICC6655N1Z2 (Delhi).
The CIN (Corporate Identification Number) of Chifu Agritech is U52202TG2020PTC139550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chifu Agritech has 271 court cases on record: 269 filed by the company and 2 filed against it. 147 are pending.
Chifu Agritech was incorporated on 26 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
Chifu Agritech has 13 deals on record (7 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹688.97 Cr; the latest was in November 2025.
The peers of Chifu Agritech by revenue are Coastal Chemical Company Private Limited, Putpex Commercial Trade Private Limited, Crop Score Commodities Private Limited, Famy Steri Private Limited, Holy-Land Marketing Private Limited and 4 more, all in the Agriculture industry (Agritech, Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Mrudhukar Batchu was appointed as Director on 07 Mar 2022. Praneeth Kumar Boganadhula was appointed as Director on 26 Feb 2020. Shobhit Jain was appointed as Director on 26 Feb 2020.
Chifu Agritech has 2 MSME Form 1 returns on record between 2023 and 2024, listing 180 overdue payments to 99 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Chifu Agritech can be reached through the website vegrow.in. Its registered office is in Telangana, India.
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