About Indo-Western Agro Exports Private Limited
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Indo-Western Agro Exports Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the horticulture and produce segment of the agriculture sector. It was incorporated on 28 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15549KA2017PTC108267. Its GSTIN is 29AAECI6914N1Z0 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chowdappa and Harish Chowdappa.
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 Site No.6 Katha No :104 Property No.25/2 Chinnappanahalli Krishnarajapuram Hobli, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.81 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹14.32 Lakh (net margin 2.5%) and EBITDA of ₹1.11 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 98% over three years.
The company is associated with 1 brand: Indo Western Agro Exports. As per MCA filings, the company has open charges of ₹6.53 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indowesternagroexport.com.
Company details
Contact details
Indo-Western Agro Exports Private Limited's registered office is in Bangalore, Karnataka. Its website is indowesternagroexport.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSite No.6 Katha No :104 Property No.25/2 Chinnappanahalli Krishnarajapuram Hobli, Bangalore, Karnataka, India – 560037
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Indo-Western Agro Exports 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
Indo-Western Agro Exports operates one associated brand: Indo Western Agro Exports. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production and supply of pickled vegetables and agricultural products in India. | indowesternagroexport.com |
Business activity
The main business activity of Indo-Western Agro Exports is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Indo-Western Agro Exports Private Limited, buy the company report.
Financials of Indo-Western Agro Exports Private Limited
FY 2024 filings availableIndo-Western Agro Exports Private Limited reported revenue of ₹5.81 Cr (down 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 98%. EBITDA rose 36% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.81 Cr | ||||
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| EBITDA | ₹1.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.32 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Indo-Western Agro Exports Private Limited, buy the company report.
Board of directors of Indo-Western Agro Exports Private Limited
Indo-Western Agro Exports has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chowdappa | Director | 05 Apr 2019 | 7 Years 7 Months | Current |
| Harish Chowdappa | Director | 28 Nov 2017 | 8 Years 11 Months | Current |
| Rajeshwari Ramareddy | Director | 28 Nov 2017 | 8 Years 11 Months | Current |
| Vidhyashree Chowdappa | Director | 28 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Indo-Western Agro Exports Private Limited is audited by M SREENIVASULU & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M SREENIVASULU & CO | FY 2023 | 260095 |
Shareholding
The shareholding of Indo-Western Agro Exports 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 Indo-Western Agro Exports Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2022 | 100590385 | Karnataka Bank Ltd. | ₹68 Lakh | Open | |
| 13 Jul 2020 | 100363110 | Karnataka Bank Ltd. | ₹60 Lakh | Open | |
| 07 Mar 2020 | 100342491 | Karnataka Bank Ltd. | ₹1.5 Cr | Open | |
| 16 Sep 2019 | 100296316 | Karnataka Bank Ltd. | ₹3.75 Cr | Open |
To see the full charge records of Indo-Western Agro Exports Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Indo-Western Agro Exports Private Limited has 7 court cases on record: 7 filed by Indo-Western Agro Exports. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, TUMAKURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, TUMAKURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, TUMAKURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, TUMAKURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, TUMAKURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Indo-Western Agro Exports 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 Indo-Western Agro Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indo-Western Agro Exports has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI6914N1Z0 | Karnataka | Active | 08 Dec 2017 |
| 29AAECI6914N2ZZ | Karnataka | Active | 31 Jan 2022 |
To see the full GST registrations and return filing status of Indo-Western Agro Exports Private Limited, buy the company report.
Recent activity
Indo-Western Agro Exports Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Chowdappa was appointed as Director on 05 Apr 2019.
1 earlier event is in the company report.
Frequently asked questions
Indo-Western Agro Exports is an active private limited company based in Bangalore, Karnataka, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 28 November 2017 (9+ years old) and is registered under CIN U15549KA2017PTC108267.
Indo-Western Agro Exports has 4 current directors:
- Chowdappa - Director
- Harish Chowdappa - Director
- Rajeshwari Ramareddy - Director
- Vidhyashree Chowdappa - Director
The latest financial statements of Indo-Western Agro Exports 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 2018 are in the company report.
The GSTIN of Indo-Western Agro Exports is 29AAECI6914N1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECI6914N2ZZ (Karnataka).
The CIN (Corporate Identification Number) of Indo-Western Agro Exports is U15549KA2017PTC108267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo-Western Agro Exports has 7 court cases on record: 7 filed by the company. 3 are pending.
Indo-Western Agro Exports was incorporated on 28 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Chowdappa was appointed as Director on 05 Apr 2019. Bharath Pandu ceased to be Director on 18 Mar 2019. Harish Chowdappa was appointed as Director on 28 Nov 2017. Indo-Western Agro Exports has 5 board changes on record in total.
Indo-Western Agro Exports can be reached through the website indowesternagroexport.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Indo-Western Agro Exports is at Site No.6 Katha No :104 Property No.252 Chinnappanahalli Krishnarajapuram Hobli, Bangalore, Karnataka, India – 560037.
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