Districo India Private Limited

Districo India Private Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51221MH2019FTC335192 Incorporated 30 December 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company agriculture MSME · Medium
Data last updated
Revenue · FY 2024
₹155.29 Cr
▲ 103.41% YoY
Net loss · FY 2024
₹5.69 Cr
Net margin -3.7%
EBITDA · FY 2024
-₹4.64 Cr
EBITDA margin -3%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹35.26 Cr
Issued & subscribed
Open charges
₹22.5 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
97
Provident fund records

About Districo India Private Limited

Data last updated:

Districo India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Districo Mauritius. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 30 December 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51221MH2019FTC335192. Its GSTIN is 27AAHCD5904A1Z1 (Maharashtra). The company holds 8 GST registrations, all of them active.

The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹35.26 Cr. It is led by directors including Satyajit Sarna and Ankur Tripathi.

Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹155.29 Cr. For the same year it recorded a net loss of ₹5.69 Cr (net margin -3.7%) and EBITDA of -₹4.64 Cr (EBITDA margin -3%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years.

The company has about 97 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: FarmLink and Pioneering Ventures. As per MCA filings, the company has open charges of ₹22.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 6 deals on record (6 rights issues); the latest was in October 2023. Its 3 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger; the largest is Vigo Distribution Private Limited with revenue of ₹165.42 Cr. The company has 8 MSME Form 1 returns on record between 2020 and 2023, listing 91 overdue payments to 15 micro and small suppliers.

Districo India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0052355). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pioneering-ventures.com.

Company details

CIN U51221MH2019FTC335192
Registration Number 335192
Incorporation Date 30 December 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Districo Mauritius
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0052355
Key People
Satyajit Sarna Director Ankur Tripathi Director Kasinathan Krishna Kumar Avinash Director

Recognitions & Rankings of Districo India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0052355

Contact details

Districo India Private Limited's registered office is in Mumbai, Maharashtra. Its website is pioneering-ventures.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    pioneering-ventures.com
  • Registered Address
    Unit 801 – 802 8th Floor Tower 1 One International Center, Senapati Bapat Marg Prabhadevi, Mumbai, Maharashtra, India – 400013
  • Industry
    Agriculture, Agro Retail & Distribution

To see the full contact details of Districo India Private Limited, buy the company report.

Comprehensive company report
Districo 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

Brands

Districo India operates two associated brands: FarmLink and Pioneering Ventures. Each brand links to its own profile.

BrandDescriptionWebsite
FarmLink
App based marketplace for farm producefarmlink.in
Pioneering Ventures
Investments are focused on Indian farm and food startups.pioneering-ventures.com

Business activity

The main business activity of Districo India is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Districo India Private Limited, buy the company report.

Financials of Districo India Private Limited

FY 2025 filings available

Districo India Private Limited reported revenue of ₹155.29 Cr for FY 2024.

Revenue · FY 2024
₹155.29 Cr
Net loss · FY 2024
₹5.69 Cr margin -3.7%
EBITDA · FY 2024
-₹4.64 Cr margin -3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 100%

Revenue has grown at a compounded annual rate (CAGR) of 100% over three years. 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹4.64 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.69 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-3%
Net Profit Margin-3.7%
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

To see the full financial statements and ratios of Districo India Private Limited, buy the company report.

Board of directors of Districo India Private Limited

Districo India has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Satyajit SarnaDirector13 Mar 20242 Years 7 MonthsCurrent
Ankur Tripathi
Also directs: Innoterra Platform Private Limited, Innoterra Bioscience Private Limited, Farmlink Agri Distribution and Market Linkage Private Limited and 5 more
Director30 May 20242 Years 5 MonthsCurrent
Kasinathan Krishna Kumar Avinash
Also directs: Innoterra Bioscience Private Limited, Innoterra Private Limited, Innoterra India Private Limited and 1 more
Director10 Jul 20242 Years 3 MonthsCurrent
Shubhda Nautiyal
Also directs: Innoterra Platform Private Limited, Innoterra Bioscience Private Limited, Farmlink Agri Distribution and Market Linkage Private Limited
Director14 Aug 20251 Years 2 MonthsCurrent
View all directors

Peer comparison

Districo India Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vigo Distribution Private Limited₹165.42 Cr (FY 2025)38.0%Chennai, Tamil Nadu, India
Tianjin Tianshi India Private Limited₹158.33 Cr (FY 2025)41.0%Delhi, India
Campussutra Retail Private Limited₹157.75 Cr (FY 2025)30.0%Bangalore, Karnataka, India
Districo India Private Limitedthis company₹155.29 Cr (FY 2024)-₹5.69 Cr-3.7%97Mumbai, Maharashtra, India

To see the full peer comparison of Districo India Private Limited, buy the company report.

Auditor

Districo India Private Limited is audited by bhatiya & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
bhatiya & Associates LLPFY 2023101046W/W100063

Shareholding

The shareholding of Districo India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Districo India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹22.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹22.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Aug 2025101151017Others₹2.5 CrOpen
18 Jan 2024100886937Others₹20 CrOpen

To see the full charge records of Districo India Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Districo India Private Limited has 6 deals on record (6 rights issues); the latest was in October 2023.

Total deals
6
Rights issues
6

Deals on record (5 of 6)

WhenDealAmountParties
Oct 2023Rights issue₹3.03 CrInvestors: an individual
Aug 2023Rights issue₹3.22 CrInvestors: an individual
Nov 2021Rights issue₹15.18 CrInvestors: an individual
Dec 2020Rights issue₹8.49 CrInvestors: an individual
Dec 2020Rights issue₹51.6 LakhInvestors: an individual

To see the full deal history of Districo India Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Districo India Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 91 overdue payments to 15 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 15)

SupplierAmount dueDue sinceReported on
Mara Studios Private Limited
Magnum Management and Services Private Limited
Ananya Propmart (OPC) Private Limited
Spic and Span Services
Pioneer HR Solutions Pvt Ltd

To see the full MSME payment records of Districo India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Districo India Private Limited has a workforce of 97 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
97
Active EPFO establishments
1
Employee growth
-40.12%

GST

Districo India has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
8
GSTINStateStatusRegistered on
27AAHCD5904A1Z1MaharashtraActive13 Sep 2020
03AAHCD5904A1ZBPunjabActive12 Mar 2020
06AAHCD5904A1Z5HaryanaActive17 Aug 2020
36AAHCD5904A1Z2TelanganaActive09 Sep 2020

To see the full GST registrations and return filing status of Districo India Private Limited, buy the company report.

Recent activity

Districo India Private Limited has 16 board changes on record since 2020: 4 appointments and 12 cessations. The latest: Shubhda Nautiyal ceased to be Director on 18 Sep 2025.

AGM
Districo India Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Ceased
Shubhda Nautiyal ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101151017 was registered on 14 Aug 2025.
Appointed
Shubhda Nautiyal was appointed as Director.
Filing
Districo India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 20.00 Cr registered on 18 Jan 2024 with Charge ID 100886937 was modified on 27 Dec 2024.
Appointed
Kasinathan Krishna Kumar Avinash was appointed as Director.
Ceased
Ankur Tripathi ceased to be Additional Director.
Ceased
Satyajit Sarna ceased to be Additional Director.
Appointed
Ankur Tripathi was appointed as Director.
Appointed
Satyajit Sarna was appointed as Director.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100886937 was registered on 18 Jan 2024.

10 earlier events are in the company report.

News

Frequently asked questions

Districo India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 30 December 2019 (7+ years old) and is registered under CIN U51221MH2019FTC335192.

Districo India has 4 current directors:

The latest financial statements of Districo India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Districo India is 27AAHCD5904A1Z1, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 03AAHCD5904A1ZB (Punjab), 06AAHCD5904A1Z5 (Haryana), 36AAHCD5904A1Z2 (Telangana).

The CIN (Corporate Identification Number) of Districo India is U51221MH2019FTC335192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Districo India has 1 court case on record: 1 filed by the company. 1 is pending.

Districo India was incorporated on 30 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Districo India has 6 deals on record (6 rights issues); the latest was in October 2023.

The peers of Districo India by revenue are Vigo Distribution Private Limited, Tianjin Tianshi India Private Limited, Campussutra Retail Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading).

Shubhda Nautiyal ceased to be Director on 18 Sep 2025. Shubhda Nautiyal was appointed as Director on 14 Aug 2025. Kasinathan Krishna Kumar Avinash was appointed as Director on 10 Jul 2024. Districo India has 16 board changes on record in total.

Yes, Districo India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0052355).

Districo India has 8 MSME Form 1 returns on record between 2020 and 2023, listing 91 overdue payments to 15 micro and small suppliers. The latest return was filed on 18 Nov 2023.