_PRIVATE_LIMITED.webp)
About Global Agritech (India) Private Limited
Data last updated:
Global Agritech (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the floriculture segment of the agriculture sector. It was incorporated on 29 January 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH1997PTC105457. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹97.62 Lakh. It was formerly known as Global Agritech Private Limited. It was led by directors including Hargovind Karsandas Vithalani and Jalpa Hargovind Vithalani.
Its last annual general meeting (AGM) was held on 15 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at G – A Ground Floor Pil Court Sherbanoo Chs Ltd. 111 Maharshi Karve Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2021, the company reported a revenue of ₹31.8 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net profit of ₹22.93 Lakh (net margin 72.1%) and EBITDA of ₹30.94 Lakh (EBITDA margin 97.3%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 24% over five years.
The company had about 110 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹11.09 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
The last known website on record is globalagritech.com.
Company details
Contact details
Global Agritech (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is globalagritech.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressG – A Ground Floor Pil Court Sherbanoo Chs Ltd. 111 Maharshi Karve Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryAgriculture, Floriculture
To see the full contact details of Global Agritech (India) 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
Financials of Global Agritech (India) Private Limited
FY 2021 filings availableGlobal Agritech (India) Private Limited reported revenue of ₹31.8 Lakh (down 97% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 97% fall in the latest year. EBITDA fell 96% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.8 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹30.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.93 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.3% | ||||
| Net Profit Margin | 72.1% | ||||
| 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 Global Agritech (India) Private Limited, buy the company report.
Board of directors of Global Agritech (India) Private Limited
Global Agritech (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hargovind Karsandas Vithalani Also directs: Jupiter Assets Advisors LLP, Global Aviation Services Private Limited, JTB Jupiter Express Services Private Limited and 2 more | Director | 29 Jan 1997 | 29 Years 9 Months | As last reported |
| Jalpa Hargovind Vithalani | Director | 29 Jan 1997 | 29 Years 9 Months | As last reported |
| Indira Hargovind Vithalani Also directs: Jupiter Assets Advisors LLP, Quintus Mercantile and Advisories LLP, Global Aviation Services Private Limited and 4 more | Director | 05 Feb 1997 | 29 Years 8 Months | As last reported |
Peer comparison
Global Agritech (India) Private Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Agritech, Floriculture), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Frontal Agritech Private Limited | ₹32.9 Lakh (FY 2025) | 74.0% | Jorhat, Assam, India | |||
| Manthan Agritech Private Limited | ₹32.88 Lakh (FY 2017) | 912.0% | Chapra, Bihar, India | |||
| Kelna Agritech Producer Company Limited | ₹32.46 Lakh (FY 2024) | 722.0% | Jalna, Maharashtra, India | |||
| S.V. Agritech Private Limited | ₹32.1 Lakh (FY 2024) | -22.0% | Po Jalpaiguri, West Bengal, India | |||
| Anirit Agritech Private Limited | ₹31.98 Lakh (FY 2025) | -65.0% | Mumbai, Maharashtra, India | |||
| Global Agritech (India) Private Limitedthis company | ₹31.8 Lakh (FY 2021) | ₹22.93 Lakh | 72.1% | -97.0% | 110 | Mumbai, Maharashtra, India |
| Vinoxo Agritech Private Limited | ₹31.46 Lakh (FY 2024) | 24.0% | Bengaluru, Karnataka, India | |||
| Glyra Agritech Private Limited | ₹31.36 Lakh (FY 2024) | -1.0% | Nizamabad, Telangana, India | |||
| Gantavya Agritech Private Limited | ₹31.28 Lakh (FY 2025) | 140.0% | Greater Noida, Uttar Pradesh, India | |||
| Bhusresta Agritech Private Limited | ₹30.93 Lakh (FY 2019) | 112.0% | Kurubarahalli, Karnataka, India | |||
| Charbhuja Agritech Private Limited | ₹30.49 Lakh (FY 2024) | -18.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Global Agritech (India) Private Limited, buy the company report.
Auditor
Global Agritech (India) Private Limited is audited by BANSI S MEHTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSI S MEHTA & CO | FY 2021 | 100991W |
Shareholding
The shareholding of Global Agritech (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Global Agritech (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2004 | 90148611 | The United Western Bank Ltd | ₹41.25 Lakh | Satisfied | |
| 26 Mar 2002 | 90147894 | The United Western Bank Ltd | ₹43 Lakh | Satisfied | |
| 19 Aug 1999 | 90140718 | The United Western Bank Ltd | ₹6.25 Cr | Satisfied | |
| 18 Aug 1999 | 90147330 | The United Western Bank Ltd | ₹4 Cr | Satisfied |
To see the full charge records of Global Agritech (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Global Agritech (India) Private Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bathinda, Punjab | Cheque dishonour complaint | Filed against the company by Hindchem Corporation | Pending |
| Bombay High Court | Court case (APP) | Filed against the company by Bharuchaand Motiwala (Poona) Pvt Ltd and Ors | Disposed |
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Eco Agro Services | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Eco Agro Services | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Crystal Chemicals | Disposed |
To see the full case history of Global Agritech (India) 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 Global Agritech (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Global Agritech (India) Private Limited has a workforce of 110 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.
GST
Global Agritech (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Global Agritech (India) Private Limited, buy the company report.
Recent activity
Global Agritech (India) Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Naftali Elijah Daniel ceased to be Director on 24 Mar 2015.
5 earlier events are in the company report.
Frequently asked questions
Global Agritech (India) has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Global Agritech (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in floriculture, within the agriculture industry. It was incorporated on 29 January 1997 and is registered under CIN U01100MH1997PTC105457. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Global Agritech (India) was incorporated on 29 January 1997. It is registered with the Registrar of Companies, Mumbai.
Global Agritech (India) had 3 directors:
- Hargovind Karsandas Vithalani - Director
- Jalpa Hargovind Vithalani - Director
- Indira Hargovind Vithalani - Director
The CIN (Corporate Identification Number) of Global Agritech (India) is U01100MH1997PTC105457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Global Agritech (India) is at G – A Ground Floor Pil Court Sherbanoo Chs Ltd. 111 Maharshi Karve Road Churchgate, Mumbai, Maharashtra, India – 400020.
Global Agritech (India) can be reached through the website globalagritech.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Global Agritech (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 15 September 2021. Year-wise statements from 2015 are in the company report.
No. Global Agritech (India) has 1 GST registration on record and it is cancelled or inactive.
Global Agritech (India) operated in the agriculture industry, in the floriculture segment.
The peers of Global Agritech (India) by revenue are Frontal Agritech Private Limited, Manthan Agritech Private Limited, Kelna Agritech Producer Company Limited, S.V. Agritech Private Limited, Anirit Agritech Private Limited and 5 more, all in the Agriculture industry (Agritech, Floriculture).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
