About Cropac Technology Private Limited
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Cropac Technology Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 15 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01100KA2021PTC143173. Its GSTIN is 29AAJCC2335E1ZT (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Cropac Agri Solutions Private Limited. It is led by directors Ashwini Gireesh Karagi and Gireesh Karagi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Site No.4 – 6 Vishnodevi Industrial Estate Phase – 3 3rd Cross Kumbalagodu Village Bengaluru, Karnataka, India – 560074.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.48 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹41.01 Lakh (net margin 3.9%) and EBITDA of ₹62.52 Lakh (EBITDA margin 6%).
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cropac. As per MCA filings, the company has open charges of ₹1.65 Cr on record.
For more details, the company can be reached via its website cropac.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSite No.4 – 6 Vishnodevi Industrial Estate Phase – 3 3rd Cross Kumbalagodu Village Bengaluru, Karnataka, India – 560074
- IndustryAgriculture, Agri Machinery & Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Cropac Technology Private Limited
The main business activity of Cropac Technology is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cropac Technology Private Limited FY 2025 filings available
Cropac Technology Private Limited reported revenue of ₹10.48 Cr (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Cropac Technology Private Limited
Revenue fell 37% in the latest year. EBITDA rose 48% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Cropac Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹62.52 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹41.01 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Cropac Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6% | •••• | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cropac Technology are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Cropac Technology Private Limited
Cropac Technology Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Farm Equipment, Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Frebi Technology Private Limited | ₹10.51 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Rajkot, Gujarat, India |
| Upkar International Private Limited | ₹10.51 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Delhi, India |
| Fiberplus Tex Products Private Limited | ₹10.5 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Coimbatore, Tamil Nadu, India |
| Hindustan Geartech Private Limited | ₹10.5 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Delhi, India |
| Ecolux India Private Limited | ₹10.49 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Cropac Technology Private Limited this company | ₹10.48 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Bengaluru, Karnataka, India |
| Rapid Flow India Private Limited | ₹10.48 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Faridabad, Haryana, India |
| K K Cemprotech Private Limited | ₹10.47 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Salasar Fan Fabriken Private Limited | ₹10.44 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Devi Technocraft Private Limited | ₹10.43 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
| Maxpreci Machines Private Limited | ₹10.41 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Nelamangala, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Cropac Technology by revenue in the Machinery and Equipment industry (Farm Equipment, Process Machinery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cropac Technology Private Limited
Cropac Technology Private Limited is audited by BALAJI L.H. & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BALAJI L.H. & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cropac Technology Private Limited
Cropac Technology has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwini Gireesh Karagi | Director | 23 Aug 2022 | 4 Years 1 Months | Current |
| Gireesh Karagi Also directs: Vastunivas Developers Private Limited | Director | 15 Jan 2021 | 5 Years 8 Months | Current |
Ownership and Shareholding of Cropac Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cropac Technology Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2024 | Others | ₹1.65 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Cropac Technology Private Limited
Cropac Technology Private Limited has a workforce of 28 employees as of Dec 11, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Cropac Technology Private Limited
Cropac Technology Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Ashwini Gireesh Karagi ceased to be Additional Director on 26 Dec 2022.
Credit Ratings, Litigation & Regulatory Alerts for Cropac Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cropac Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cropac Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cropac Technology Private Limited
Cropac Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCC2335E1ZT | Karnataka | Active | 15 Jan 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cropac Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cropac Technology Private Limited
Cropac Technology is an active private limited company based in Bengaluru, Karnataka, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 15 January 2021 (5+ years old) and is registered under CIN U01100KA2021PTC143173.
Cropac Technology reported revenue of ₹10.48 Cr for FY 2024 (down 37% YoY).
Cropac Technology has 2 current directors:
- Ashwini Gireesh Karagi - Director
- Gireesh Karagi - Director
Cropac Technology reported a net profit of ₹41.01 Lakh (net margin 3.9%) and EBITDA of ₹62.52 Lakh (EBITDA margin 6%) for FY 2024, as per its filed financial statements.
The GSTIN of Cropac Technology is 29AAJCC2335E1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Cropac Technology is U01100KA2021PTC143173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cropac Technology was incorporated on 15 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cropac Technology by revenue are Frebi Technology Private Limited, Upkar International Private Limited, Fiberplus Tex Products Private Limited, Hindustan Geartech Private Limited, Ecolux India Private Limited and 5 more, all in the Machinery and Equipment industry (Farm Equipment, Process Machinery).
Ashwini Gireesh Karagi ceased to be Additional Director on 26 Dec 2022. Ashwini Gireesh Karagi was appointed as Director on 23 Aug 2022. Gangadhar Maruti Sarvade ceased to be Director on 23 Aug 2022. Cropac Technology has 4 board changes on record in total.
Yes, Cropac Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Cropac Technology can be reached through the website cropac.in. Its registered office is in Bengaluru, Karnataka, India.