MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-13-0017083
Cornpro Foods India Private Limited
Cornpro Foods India Private Limited - agriculture in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹2.29 Cr
▼ 51% YoY
Net profit · FY 2021
₹1.11 Lakh
Net margin 0.5%
EBITDA · FY 2021
₹8.17 Lakh
EBITDA margin 3.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.77 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Cornpro Foods India Private Limited
Data last updated:
Cornpro Foods India Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 15 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01403KA2015PTC079846. Its GSTIN is 29AAGCC0114J1ZW (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rashmi Dayanand Jatti (Managing Director) and Dayanand Shivakant Jatti.
Its last annual general meeting (AGM) was held on 03 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No. 146/(P) & 151(P) Tarihal Industrial Area Tarihal, Hubli, Karnataka, India – 580026.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.29 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Lakh (net margin 0.5%) and EBITDA of ₹8.17 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹1.77 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
Cornpro Foods India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0017083). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U01403KA2015PTC079846
Registration Number 079846
Incorporation Date 15 April 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 January 2022
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-13-0017083
Recognitions & Rankings of Cornpro Foods India
Contact details
Cornpro Foods India Private Limited's registered office is in Hubli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 146/(P) & 151(P) Tarihal Industrial Area Tarihal, Hubli, Karnataka, India – 580026
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Cornpro Foods India Private Limited, buy the company report.
Comprehensive company report
Cornpro Foods India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Cornpro Foods India is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Cornpro Foods India Private Limited, buy the company report.
Financials of Cornpro Foods India Private Limited
FY 2021 filings availableCornpro Foods India Private Limited reported revenue of ₹2.29 Cr (down 51% YoY) for FY 2021.
Revenue · FY 2021
₹2.29 Cr ▼ 51%
Net profit · FY 2021
₹1.11 Lakh margin 0.5%
EBITDA · FY 2021
₹8.17 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 19%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 13%
5 years · compounded
▲ 30%
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 39% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Total Expenses | |||||
| EBITDA | ₹8.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Cornpro Foods India Private Limited, buy the company report.
Board of directors of Cornpro Foods India Private Limited
Cornpro Foods India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dayanand Shivakant Jatti | Director | 04 Jan 2016 | 10 Years 9 Months | Current |
| Rashmi Dayanand Jatti | Managing Director | 15 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Cornpro Foods India Private Limited is audited by C M SHETTAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C M SHETTAR & CO | FY 2019 | 011481S |
Shareholding
The shareholding of Cornpro Foods India 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 Cornpro Foods India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.77 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2018 | 100236190 | Others | ₹1.3 Cr | Open | |
| 08 Sep 2017 | 100125747 | Others | ₹46.5 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Cornpro Foods India Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Total cases
6
Filed against the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by Shri Gajanan Urban Co-Op Credit Society Ltd Rep by Shridhar S/O Baburao Hiregoudar R/O Hubballi | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by Shri Gajanan Urban Co-Op Credit Society Ltd Rep by Shridhar S/O Baburao Hiregoudar R/O Hubballi | Disposed |
| District court, DHARWAD, Karnataka | Court case (CRL.R.P.) | Filed against the company by an individual | Disposed |
| District court, DHARWAD, Karnataka | Court case (CRL.R.P.) | Filed against the company | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed against the company by Devi Industries Hubli R.By Prop. Ashok C. Shettar | Disposed |
To see the full case history of Cornpro Foods India 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 Cornpro Foods India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cornpro Foods India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC0114J1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cornpro Foods India Private Limited, buy the company report.
Recent activity
Cornpro Foods India Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Anilakiwate Bhagya ceased to be Director on 27 Feb 2017.
AGM
Cornpro Foods India Private Limited last Annual general meeting of members was held on 03 Jan 2022 as per latest MCA records.
Filing
Cornpro Foods India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 130.00 Lakh with Charge ID 100236190 was registered on 17 Dec 2018.
Charges
A charge with Others amounted to Rs. 46.50 Lakh with Charge ID 100125747 was registered on 08 Sep 2017.
Ceased
Anilakiwate Bhagya ceased to be Director.
Ceased
Dayanand Shivakant Jatti ceased to be Additional Director.
Appointed
Dayanand Shivakant Jatti was appointed as Director.
Appointed
Rashmi Dayanand Jatti was appointed as Managing Director.
Incorporation
15 Apr 2015
Cornpro Foods India Private Limited was registered on 15 Apr 2015 with Roc Bangalore & aged 11 years 6 months as per MCA records.
Frequently asked questions
Cornpro Foods India is an active private limited company based in Hubli, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 15 April 2015 (11+ years old) and is registered under CIN U01403KA2015PTC079846.
Cornpro Foods India has 2 current directors:
- Rashmi Dayanand Jatti - Managing Director
- Dayanand Shivakant Jatti - Director
The latest financial statements of Cornpro Foods India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 03 January 2022. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Cornpro Foods India is 29AAGCC0114J1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Cornpro Foods India is U01403KA2015PTC079846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornpro Foods India has 6 court cases on record: 6 filed against it.
Cornpro Foods India was incorporated on 15 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Anilakiwate Bhagya ceased to be Director on 27 Feb 2017. Dayanand Shivakant Jatti ceased to be Additional Director on 09 Dec 2016. Dayanand Shivakant Jatti was appointed as Director on 04 Jan 2016. Cornpro Foods India has 4 board changes on record in total.
Yes, Cornpro Foods India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-13-0017083).
The registered office of Cornpro Foods India is at Plot No. 146P & 151P Tarihal Industrial Area Tarihal, Hubli, Karnataka, India – 580026.