Indostar Agrotech Private Limited
About Indostar Agrotech Private Limited
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Indostar Agrotech Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the agritech segment of the agriculture sector. It was incorporated on 16 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC079871. Its GSTIN is 29AADCI8172R1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandesh Jayaram Shetty and Joginder Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No. 303 Kalashree Apartment Near Rpd Cross Khanapur Road Tilakwadi, Belgaum, Karnataka, India – 590006.
As per the financials filed for FY 2023, the company reported a revenue of ₹51.22 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.1 Lakh (net margin 2.1%) and EBITDA of ₹1.78 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹10.1 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Indostar Agrotech Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressFlat No. 303 Kalashree Apartment Near Rpd Cross Khanapur Road Tilakwadi, Belgaum, Karnataka, India – 590006
- IndustryAgriculture, AgriTech
To see the full contact details of Indostar Agrotech 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 Indostar Agrotech 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 Indostar Agrotech Private Limited, buy the company report.
Financials of Indostar Agrotech Private Limited
FY 2024 filings availableIndostar Agrotech Private Limited reported revenue of ₹51.22 Lakh (up 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 16% growth in the latest year. EBITDA rose 83% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.78 Lakh | ||||
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| Net Profit (PAT) | ₹1.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Indostar Agrotech Private Limited, buy the company report.
Board of directors of Indostar Agrotech Private Limited
Indostar Agrotech has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandesh Jayaram Shetty | Director | 10 Aug 2017 | 9 Years 3 Months | Current |
| Joginder Singh | Director | 01 May 2025 | 1 Years 6 Months | Current |
Auditor
Indostar Agrotech Private Limited is audited by Mahesh Tenzing & Co Chartered Accountants for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahesh Tenzing & Co Chartered Accountants | FY 2016 | 012587S |
Shareholding
The shareholding of Indostar Agrotech Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Indostar Agrotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2025 | 101190206 | State Bank of India | ₹10.1 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Indostar Agrotech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indostar Agrotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indostar Agrotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI8172R1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indostar Agrotech Private Limited, buy the company report.
Recent activity
Indostar Agrotech Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Joginder Singh was appointed as Director on 01 May 2025.
Frequently asked questions
Indostar Agrotech is an active private limited company based in Belgaum, Karnataka, India. The company works in agritech, within the agriculture industry. It was incorporated on 16 April 2015 (11+ years old) and is registered under CIN U74900KA2015PTC079871.
Indostar Agrotech has 2 current directors:
- Sandesh Jayaram Shetty - Director
- Joginder Singh - Director
The latest financial statements of Indostar Agrotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Indostar Agrotech is 29AADCI8172R1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Indostar Agrotech is U74900KA2015PTC079871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indostar Agrotech was incorporated on 16 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Joginder Singh was appointed as Director on 01 May 2025. Ramesh Shivappa Kalloli ceased to be Director on 01 May 2025. Chandrakant Ramanna Gudodagi ceased to be Director on 01 Sep 2022. Indostar Agrotech has 7 board changes on record in total.
The registered office of Indostar Agrotech is at Flat No. 303 Kalashree Apartment Near Rpd Cross Khanapur Road Tilakwadi, Belgaum, Karnataka, India – 590006.
Indostar Agrotech operates in the agriculture industry, in the agritech segment.
Indostar Agrotech has open charges of ₹10.1 Lakh and no satisfied charges on record as per latest MCA filings.
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