
About Farmpal Techlogi Private Limited
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Farmpal Techlogi Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 16 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72500PN2017PTC173021. Its GSTIN is 27AADCF2240B1ZA (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.01 Lakh. It is led by directors Karansaheb Dnyandev Hon and Niraj Mahendra Bora.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Megapolis Sangia F.No. E – 1804 Hinjawadi, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.56 Cr (net margin -28.3%) and EBITDA of -₹1.54 Cr (EBITDA margin -28%).
The company is associated with 1 brand: Farmpal. Court records list 1 case involving the company, including 1 filed by the company. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.46 Cr; the latest was in October 2020.
Farmpal Techlogi Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0130215). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website farmpal.co.in.
Company details
Recognitions & Rankings of Farmpal Techlogi
- Category
- Small (2022-23)
- Udyam number
- UDYAM-MH-26-0130215
Contact details
Farmpal Techlogi Private Limited's registered office is in Pune, Maharashtra. Its website is farmpal.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMegapolis Sangia F.No. E – 1804 Hinjawadi, Pune, Maharashtra, India – 411057
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Farmpal Techlogi 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
Brands
Farmpal Techlogi operates one associated brand: Farmpal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a technology-driven platform connecting farmers directly with businesses for comprehensive solutions. | farmpal.co.in |
Business activity
The main business activity of Farmpal Techlogi is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Farmpal Techlogi Private Limited, buy the company report.
Financials of Farmpal Techlogi Private Limited
FY 2020 filings availableFarmpal Techlogi Private Limited reported revenue of ₹5.51 Cr (up 234% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 234% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹5.51 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.54 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.56 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -28% | ||
| Net Profit Margin | -28.3% | ||
| 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 Farmpal Techlogi Private Limited, buy the company report.
Board of directors of Farmpal Techlogi Private Limited
Farmpal Techlogi has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karansaheb Dnyandev Hon Also directs: SSK Fruit Punch LLP | Director | 16 Oct 2017 | 9 Years 0 Months | Current |
| Niraj Mahendra Bora Also directs: Surmount Hospitality Private Limited, Cyclotrade Enterprises Private Limited, Gnaw Hospitality Private Limited and 5 more | Director | 03 Jan 2019 | 7 Years 10 Months | Current |
Auditor
Farmpal Techlogi Private Limited is audited by J M AGRAWAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M AGRAWAL & CO | FY 2020 | 100130W |
Shareholding
The shareholding of Farmpal Techlogi Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Farmpal Techlogi Private Limited, buy the company report.
Deals & funding
Farmpal Techlogi Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.46 Cr; the latest was in October 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Funding round | ₹1.51 Cr | Investors: Aristro Realtors LLP , 3 individuals |
| May 2019 | Funding round | ₹95.3 Lakh | Investors: 4 individuals |
| May 2018 | Rights issue | ₹7.5 Lakh | Investors: an individual |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Farmpal Techlogi Private Limited has 1 court case on record: 1 filed by Farmpal Techlogi. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against Employees State Insurance Corporation | Disposed |
To see the full case history of Farmpal Techlogi 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 Farmpal Techlogi Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Farmpal Techlogi has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF2240B1ZA | Maharashtra | Active | 02 Jan 2018 |
To see the full GST registrations and return filing status of Farmpal Techlogi Private Limited, buy the company report.
Recent activity
Farmpal Techlogi Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Puneet Brijmohan Sethi ceased to be Director on 28 Jun 2023.
Frequently asked questions
Farmpal Techlogi is an active private limited company based in Pune, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 16 October 2017 (9+ years old) and is registered under CIN U72500PN2017PTC173021.
Farmpal Techlogi has 2 current directors:
- Karansaheb Dnyandev Hon - Director
- Niraj Mahendra Bora - Director
The latest financial statements of Farmpal Techlogi on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Farmpal Techlogi is 27AADCF2240B1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Farmpal Techlogi is U72500PN2017PTC173021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Farmpal Techlogi has 1 court case on record: 1 filed by the company.
Farmpal Techlogi was incorporated on 16 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Farmpal Techlogi has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.46 Cr; the latest was in October 2020.
Puneet Brijmohan Sethi ceased to be Director on 28 Jun 2023. Vijay Balan ceased to be Additional Director on 31 Dec 2020. Niraj Mahendra Bora ceased to be Additional Director on 30 Sep 2019. Farmpal Techlogi has 5 board changes on record in total.
Yes, Farmpal Techlogi is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

