Gurdas Agro Private Limited
About Gurdas Agro Private Limited
Data last updated:
Gurdas Agro Private Limited is a private limited company based in Bathinda, Punjab, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 20 October 2011.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51225PB2011PTC035570. Its GSTIN is 03AAECG4383P1Z9 (Punjab).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.85 Cr. It is led by directors including Vivek Kumar Arora (Irp/Rp/Liquidator) and Amberti Devi.
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 #2301 Bhupindra Flour Mills Aggarsein Nagar Amrik Singh Road, Bathinda, Punjab, India – 151001.
As per the financials filed for FY 2020, the company reported a revenue of ₹271.93 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹20.33 Cr (net margin -7.5%) and EBITDA of -₹7.49 Cr (EBITDA margin -2.8%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹150 Cr and satisfied charges of ₹43 Lakh on record. Court records list 36 cases involving the company, including 17 filed by the company and 19 filed against it; 4 cases are pending.
Company details
Contact details
Gurdas Agro Private Limited's registered office is in Bathinda, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#2301 Bhupindra Flour Mills Aggarsein Nagar Amrik Singh Road, Bathinda, Punjab, India – 151001
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Gurdas Agro 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
Business activity
The main business activity of Gurdas Agro 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 Gurdas Agro Private Limited, buy the company report.
Financials of Gurdas Agro Private Limited
FY 2020 filings availableGurdas Agro Private Limited reported revenue of ₹271.93 Cr (down 72% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 72% fall in the latest year. EBITDA fell 232% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹271.93 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹7.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.33 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.8% | ||||
| Net Profit Margin | -7.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Gurdas Agro Private Limited, buy the company report.
Board of directors of Gurdas Agro Private Limited
Gurdas Agro has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Kumar Arora | Irp/Rp/Liquidator | 23 Apr 2024 | 2 Years 5 Months | As last reported |
| Amberti Devi | Director | 04 Oct 2014 | 12 Years 0 Months | As last reported |
| Atma Ram | Director | 17 Oct 2020 | 6 Years 0 Months | As last reported |
| Saran Dass Also directs: G K Continental Trades Private Limited | Director | 18 May 2012 | 14 Years 5 Months | As last reported |
Peer comparison
Gurdas Agro Private Limited is compared with the 8 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vibhor Syntex Private Limited | ₹276.09 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Gokul Krishi Udyog Private Limited | ₹275.24 Cr (FY 2025) | 12.0% | St Ranga Reddy, Telangana, India | |||
| Nrich Naturals Private Limited | ₹275.1 Cr (FY 2025) | 15.0% | Allahabad, Uttar Pradesh, India | |||
| Rani Sati Agro Oil Private Limited | ₹273.62 Cr (FY 2025) | 25.0% | Kolkata, West Bengal, India | |||
| Gurdas Agro Private Limitedthis company | ₹271.93 Cr (FY 2020) | -₹20.33 Cr | -7.5% | -72.0% | Bathinda, Punjab, India | |
| Afriba Agro Private Limited | ₹267.91 Cr (FY 2025) | 123.0% | Anand, Gujarat, India | |||
| Seabase Trading Private Limited | ₹266.56 Cr (FY 2025) | 28.0% | Tikrapura, Bilaspur, Chattisgarh, India | |||
| Saiagro Spices and Edible Products Private Limited | ₹265 Cr (FY 2025) | 99.0% | Basmat, Maharashtra, India | |||
| RMC India Private Limited | ₹264.62 Cr (FY 2025) | 21.0% | Pune, Maharashtra, India |
To see the full peer comparison of Gurdas Agro Private Limited, buy the company report.
Auditor
Gurdas Agro Private Limited is audited by RAKESH KRISHAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH KRISHAN & ASSOCIATES | FY 2020 | 015367N |
Shareholding
The shareholding of Gurdas Agro Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Gurdas Agro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2013 | 10428668 | Canara Bank | ₹150 Cr | Open | |
| 17 Apr 2018 | 100181442 | Canara Bank | ₹13 Lakh | Satisfied | |
| 23 Oct 2017 | 100143569 | Canara Bank | ₹30 Lakh | Satisfied |
To see the full charge records of Gurdas Agro Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Gurdas Agro Private Limited has 36 court cases on record: 17 filed by Gurdas Agro, 19 filed against it. 4 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 11 | 1 |
| District courts | 16 | 7 | 3 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Vinod Aggarwal Resolution Professional of Map Refoils India Ltd | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Uco Bank, Through Its Chairman Cum Managing Director and Ors. and 2 others | Pending |
| District court, Bathinda, Punjab | Commercial suit | Filed by the company against M/S Arjun Mall Retail Holding Pvt. Ltd. and 2 others | Pending |
| District court, Bathinda, Punjab | Commercial suit | Filed by the company against M/S Arjun Mall Retail Holding Pvt. Ltd and 2 others | Pending |
| Supreme Court | Court case (1429-Criminal Matters : Matters for/against quashing of criminal proceedings) | Filed against the company by Rakesh Bhanot S/D/W/Thru:- Baldev Raj Bhanot Director of Arjun Mall Retail Holding Pvt. Ltd. Sco No. 28-29-30, Phagwara , , Punjab | Disposed |
To see the full case history of Gurdas Agro 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 Gurdas Agro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gurdas Agro has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECG4383P1Z9 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gurdas Agro Private Limited, buy the company report.
Recent activity
Gurdas Agro Private Limited has 8 board changes on record since 2012: 4 appointments and 4 cessations. The latest: Vivek Kumar Arora was appointed as Irp/Rp/Liquidator on 23 Apr 2024.
5 earlier events are in the company report.
Frequently asked questions
Gurdas Agro is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Gurdas Agro is a company under insolvency, formerly operating as a private limited company based in Bathinda, Punjab, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 20 October 2011 and is registered under CIN U51225PB2011PTC035570. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gurdas Agro has 4 current directors:
- Amberti Devi - Director
- Atma Ram - Director
- Saran Dass - Director
- Vivek Kumar Arora - Irp/Rp/Liquidator
The latest financial statements of Gurdas Agro 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Gurdas Agro is U51225PB2011PTC035570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gurdas Agro has open charges of ₹150 Cr and satisfied charges of ₹43 Lakh as per latest MCA filings.
Gurdas Agro has 36 court cases on record: 17 filed by the company and 19 filed against it. 4 are pending. Most are in the high courts.
Gurdas Agro was incorporated on 20 October 2011. It is registered with the Registrar of Companies, Chandigarh.
The peers of Gurdas Agro by revenue are Vibhor Syntex Private Limited, Gokul Krishi Udyog Private Limited, Nrich Naturals Private Limited, Rani Sati Agro Oil Private Limited, Afriba Agro Private Limited and 3 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Vivek Kumar Arora was appointed as Irp/Rp/Liquidator on 23 Apr 2024. Atma Ram ceased to be Additional Director on 31 Dec 2020. Atma Ram was appointed as Director on 17 Oct 2020. Gurdas Agro has 8 board changes on record in total.
The registered office of Gurdas Agro is at #2301 Bhupindra Flour Mills Aggarsein Nagar Amrik Singh Road, Bathinda, Punjab, India – 151001.