MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0011518
First Agro Tech Produce Private Limited - agriculture in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.15 Lakh
▲ 53% YoY
Net loss · FY 2024
₹8.64 Lakh
Net margin -40.9%
EBITDA · FY 2024
-₹4.92 Lakh
EBITDA margin -23.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹10.5 Lakh
No open charges
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About First Agro Tech Produce Private Limited
Data last updated:
First Agro Tech Produce Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the crop production and distribution segment of the agriculture sector. It was incorporated on 03 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01403KA2011PTC056914. Its GSTIN is 29AABCF7423J1ZG (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Modekurti Venkat Naveen and Nameet Modekurti.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 909 12th Cross 35th Main 1st Phase Jpnagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.15 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹8.64 Lakh (net margin -40.9%) and EBITDA of -₹4.92 Lakh (EBITDA margin -23.3%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 27% over five years.
The company is associated with 1 brand: FIrst Agro. As per MCA filings, the company has satisfied charges of ₹10.5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
First Agro Tech Produce Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0011518). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstagro.com.
Company details
CIN U01403KA2011PTC056914
Registration Number 056914
Incorporation Date 03 February 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0011518
Recognitions & Rankings of First Agro Tech Produce
Contact details
First Agro Tech Produce Private Limited's registered office is in Bangalore, Karnataka. Its website is firstagro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address909 12th Cross 35th Main 1st Phase Jpnagar, Bangalore, Karnataka, India – 560078
- IndustryAgriculture, Crop Production & Distribution
To see the full contact details of First Agro Tech Produce Private Limited, buy the company report.
Comprehensive company report
First Agro Tech Produce 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
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Secure checkout · GST invoice included
Brands
First Agro Tech Produce operates one associated brand: FIrst Agro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fresh produce farming and sustainable practices in India. | firstagro.com |
Business activity
The main business activity of First Agro Tech Produce is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of First Agro Tech Produce Private Limited, buy the company report.
Financials of First Agro Tech Produce Private Limited
FY 2024 filings availableFirst Agro Tech Produce Private Limited reported revenue of ₹21.15 Lakh (up 53% YoY) for FY 2024.
Revenue · FY 2024
₹21.15 Lakh ▲ 53%
Net loss · FY 2024
₹8.64 Lakh margin -40.9%
EBITDA · FY 2024
-₹4.92 Lakh margin -23.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▼ 22%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 47%
5 years · compounded
▲ 42%
Revenue rose 53% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA rose 58% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹4.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.64 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -23.3% | ||||
| Net Profit Margin | -40.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of First Agro Tech Produce Private Limited, buy the company report.
Board of directors of First Agro Tech Produce Private Limited
First Agro Tech Produce 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 |
|---|---|---|---|---|
| Modekurti Venkat Naveen | Director | 06 Sep 2012 | 14 Years 1 Months | Current |
| Nameet Modekurti Also directs: Himitsu Lab LLP, Sakurafresh Beverage and Food Private Limited | Director | 03 Feb 2011 | 15 Years 8 Months | Current |
Auditor
First Agro Tech Produce Private Limited is audited by K.V.Kumar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.V.Kumar & Co | FY 2023 | 204817 |
Shareholding
The shareholding of First Agro Tech Produce Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of First Agro Tech Produce Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹10.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2014 | 10495499 | Srei Equipment Finance Limited | ₹10.5 Lakh | Satisfied |
To see the full charge records of First Agro Tech Produce Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
First Agro Tech Produce Private Limited has 1 court case on record: 1 filed by First Agro Tech Produce. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
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, BENGALURU, Karnataka | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of First Agro Tech Produce 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 First Agro Tech Produce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
First Agro Tech Produce has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCF7423J1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First Agro Tech Produce Private Limited, buy the company report.
Recent activity
First Agro Tech Produce Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Narayan Prasad Krishnamurthy ceased to be Director on 21 Dec 2018.
AGM
First Agro Tech Produce Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
First Agro Tech Produce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 22 May 2014 via Charge ID 10495499 with Srei Equipment Finance Limited was fully satisfied on 07 Sep 2021.
Ceased
Narayan Prasad Krishnamurthy ceased to be Director.
Charges
A charge with Srei Equipment Finance Limited amounted to Rs. 0.10 Cr with Charge ID 10495499 was registered on 22 May 2014.
Appointed
Modekurti Venkat Naveen was appointed as Director.
Ceased
Shashikiran Gopinath ceased to be Additional Director.
Appointed
Shashikiran Gopinath was appointed as Additional Director.
Appointed
Nameet Modekurti was appointed as Director.
Appointed
Narayan Prasad Krishnamurthy was appointed as Director.
Incorporation
03 Feb 2011
First Agro Tech Produce Private Limited was registered on 03 Feb 2011 with Roc Bangalore & aged 15 years 8 months as per MCA records.
Frequently asked questions
First Agro Tech Produce is an active private limited company based in Bangalore, Karnataka, India. The company works in crop production and distribution, within the agriculture industry. It was incorporated on 03 February 2011 (15+ years old) and is registered under CIN U01403KA2011PTC056914.
First Agro Tech Produce has 2 current directors:
- Modekurti Venkat Naveen - Director
- Nameet Modekurti - Director
The latest financial statements of First Agro Tech Produce on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of First Agro Tech Produce is 29AABCF7423J1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of First Agro Tech Produce is U01403KA2011PTC056914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Agro Tech Produce has 1 court case on record: 1 filed by the company.
First Agro Tech Produce was incorporated on 03 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Narayan Prasad Krishnamurthy ceased to be Director on 21 Dec 2018. Modekurti Venkat Naveen was appointed as Director on 06 Sep 2012. Shashikiran Gopinath ceased to be Additional Director on 31 Jul 2012. First Agro Tech Produce has 6 board changes on record in total.
Yes, First Agro Tech Produce is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0011518).
First Agro Tech Produce can be reached through the website firstagro.com. Its registered office is in Bangalore, Karnataka, India.