Farmart Service Private Limited logo

Farmart Service Private Limited

Online marketplace connecting farmers with agro-machinery for rent, with mobile app for easy ordering.

2015 Lucknow, Uttar Pradesh (India) Active

About

Basic Data Updated:

9 days ago

Farmart Service Private Limited is the proud owner and operator of an innovative online marketplace/platform. This platform serves as a connection between farmers who own agricultural machinery and their fellow farmers, on a pay per use basis. Additionally, the company has developed a highly efficient mobile app, known as FARMART. Through this app, farmers can easily place orders, select the desired agro-machinery, and even choose the date and time for its delivery. Furthermore, the app also allows farmers to rent agricultural machinery with just a simple phone call. The company's main objective is to facilitate the smooth functioning of the agricultural sector. To achieve this, it was incorporated with the purpose of undertaking various tasks such as land development, seed multiplication, processing, distribution, and sale. Since its establishment in 2015, the company has been continuously striving to provide top-notch services to its customers. Its registered office is located in the bustling city of Lucknow, Uttar Pradesh.

Industry

Company Details

  • Location

    Lucknow, Uttar Pradesh, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
  • Apps
    12224421
CIN/LLPIN/FCRNU01403UP2015PTC075364
Company No.075364
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date30 Dec 2015
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Kanpur
STARTUP
DPIIT

Financials of Farmart Service Private Limited

financial-graph
Content-lock

Farmart Service Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 29.67% decrease. The company also saw a substantial fall in profitability, with a 20.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 105.99%.

Corporate Structure

Shareholding-Indiacator
Content-lock

Unlock access to Farmart Service's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Farmart Service Private Limited

Board Members(2)

Charges (Loans)

Open Charges Satisfied Charges

₹215.50 cr

₹36.20 cr

LenderAmountStatus

Citi Bank N.A.

Creation Date: 09 Aug 2023
₹25.00 CrOpen

Yes Bank Limited

Creation Date: 17 May 2023
₹15.00 CrOpen

Others

Creation Date: 30 Mar 2023
₹15.00 CrOpen

Deals i

Valuation-Graph
Content-lock

Gain comprehensive insights into the Deals and Valuation data of Farmart Service, 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 Farmart Service's trajectory.

Rating

Rating-Graph
Content-lock

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.

Alert

Alert-Indicator
Content-lock

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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge registered on 22 Mar 2022 via Charge ID 100562794 with Others was fully satisfied on 12 Oct 2023.

    12 Oct 2023
  • Activity

    Annual General Meeting

    Farmart Service Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Charges

    A charge registered on 29 Mar 2022 via Charge ID 100563666 with Others was fully satisfied on 25 Sep 2023.

    25 Sep 2023
  • Activity

    Charges

    A charge with Others of Rs. 25.00 cr registered on 02 Feb 2023 with Charge ID 100679595 was modified on 28 Aug 2023.

    28 Aug 2023
  • Activity

    Charges

    A charge with Axis Bank Limited of Rs. 20.00 cr registered on 06 Sep 2022 with Charge ID 100611990 was modified on 25 Aug 2023.

    25 Aug 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Farmart Service Private Limited?

Farmart Service Private Limited was incorporated 8 years 4 months ago on 30 Dec 2015 with Registrar of Companies Roc Kanpur.

People also Viewed

Similar Companies Based on Agricultural Services

  • Haryana Agro Industries Corporation Ltd

    Panchkula, Haryana, India

  • Green Agrevolution Private Limited

    Patna, Bihar, India

  • Dharampal Satyapal Limited

    South Delhi, Delhi, India

  • Bayer Bioscience Private Limited

    Thane, Maharashtra, India

  • Jain Irrigation Systems Limited

    Jalgaon, Maharashtra, India

  • Varsha Industries Private Limited

    Junagadh, Gujarat, India

  • Dcm Shriram Limited

    South West Delhi, Delhi, India

  • Godrej Agrovet Limited

    Mumbai, Maharashtra, India

  • Viterra India Private Limited

    Mumbai, Maharashtra, India

  • R.S.Cottmark (India) Private Limited

  • Agrinack Merchandise Private Limited

    Bhavnagar, Gujarat, India

  • Bayer Science And Innovation Private Limited

    Thane, Maharashtra, India