About Isagro (Asia) Agrochemicals Private Limited
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Isagro (Asia) Agrochemicals Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Pi Industries Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the crop protection segment of the agriculture sector. It was incorporated on 21 August 2001.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2001PTC133128. Its GSTIN is 03AAACI8431L1ZM (Punjab). The company held 10 GST registrations, of which 7 are active.
The company had an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹14.86 Cr. It was led by directors including Ramamurthy Sankar and Alpana Parida Shah.
Its last annual general meeting (AGM) was held on 25 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Unit No. 3 – A 1st Office Floor The Orb Sahar Road Marol Andheri East, Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2021, the company reported a revenue of ₹130.4 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹50 Lakh (net margin -0.4%) and EBITDA of ₹3.6 Cr (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 17% over five years.
The company had about 296 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Isagro. As per MCA filings, the company had satisfied charges of ₹229.6 Cr on record. Court records list 49 cases involving the company, including 34 filed by the company and 15 filed against it; 4 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹29.17 Cr; the latest was in September 2018. Its 7 peer companies in the Agriculture industry (Agrochemicals, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Synergia Sciences Private Limited with revenue of ₹134.56 Cr.
The last known website on record is isagro.com.
Company details
Contact details
Isagro (Asia) Agrochemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is isagro.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressUnit No. 3 – A 1st Office Floor The Orb Sahar Road Marol Andheri East, Mumbai, Maharashtra, India – 400099
- IndustryAgriculture, Crop Protection
To see the full contact details of Isagro (Asia) Agrochemicals 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
Isagro (Asia) Agrochemicals operates one associated brand: Isagro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Low-impact crop protection and nutrition solutions for agriculture are developed. | isagro.com |
Business activity
The main business activity of Isagro (Asia) Agrochemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Isagro (Asia) Agrochemicals Private Limited, buy the company report.
Financials of Isagro (Asia) Agrochemicals Private Limited
FY 2021 filings availableIsagro (Asia) Agrochemicals Private Limited reported revenue of ₹130.4 Cr (down 53% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 53% fall 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 |
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| EBITDA | ₹3.6 Cr | ||||
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| Net Profit (PAT) | -₹50 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | -0.4% | ||||
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To see the full financial statements and ratios of Isagro (Asia) Agrochemicals Private Limited, buy the company report.
Board of directors of Isagro (Asia) Agrochemicals Private Limited
Isagro (Asia) Agrochemicals has 4 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramamurthy Sankar | Director | 27 Dec 2019 | 6 Years 10 Months | As last reported |
| Alpana Parida Shah Also directs: Nestle India Limited, Cosmo First Limited, Sparsh Infratech Private Limited and 4 more | Director | 18 Sep 2020 | 6 Years 1 Months | As last reported |
| Tanjore Balganesh Soundararajan Also directs: Pi Industries Limited, Pi Health Sciences Limited, Gangagen Biotechnologies Private Limited and 4 more | Director | 27 Dec 2019 | 6 Years 10 Months | As last reported |
| Raman Ramachandran | Director | 27 Dec 2019 | 6 Years 10 Months | As last reported |
Peer comparison
Isagro (Asia) Agrochemicals Private Limited is compared with the 7 companies closest to it by revenue in the Agriculture industry (Agrochemicals, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Synergia Sciences Private Limited | ₹134.56 Cr (FY 2025) | 53.0% | Mumbai, Maharashtra, India | |||
| Dhansa Labs Limited | ₹133.19 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Prism Crop Science Limited | ₹131.78 Cr (FY 2024) | 1.0% | Hyderabad, Telangana, India | |||
| Prathibha Biotech Private Limited | ₹130.44 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| Isagro (Asia) Agrochemicals Private Limitedthis company | ₹130.4 Cr (FY 2021) | -₹50 Lakh | -0.4% | -53.0% | 296 | Mumbai, Maharashtra, India |
| Mega Innovative Crops Private Limited | ₹127.65 Cr (FY 2025) | 18.0% | Ankleshwar, Gujarat, India | |||
| Ipl Biologicals Limited | ₹126.33 Cr (FY 2024) | 3.0% | New Delhi, Delhi, India | |||
| Nirmiti Asmita Agro Private Limited | ₹125.65 Cr (FY 2025) | 27.0% | Biranvadi, Maharashtra, India |
To see the full peer comparison of Isagro (Asia) Agrochemicals Private Limited, buy the company report.
Auditor
Isagro (Asia) Agrochemicals Private Limited is audited by S S KOTHARI MEHTA & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S KOTHARI MEHTA & COMPANY | FY 2020 | 000756N |
Shareholding
The shareholding of Isagro (Asia) Agrochemicals Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Isagro (Asia) Agrochemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2019 | 100309141 | Hdfc Bank Limited | ₹8 Cr | Satisfied | |
| 15 Jun 2018 | 100185781 | Dbs Bank Ltd | ₹25 Cr | Satisfied | |
| 14 Jun 2018 | 100188959 | Others | ₹50 Cr | Satisfied | |
| 07 Jul 2016 | 100042186 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 03 Dec 2009 | 10193060 | Hdfc Bank Limited | ₹100 Cr | Satisfied |
To see the full charge records of Isagro (Asia) Agrochemicals Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Isagro (Asia) Agrochemicals Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹29.17 Cr; the latest was in September 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2015 | Secondary share transfer | Undisclosed | Seller: an individual |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2006 | Funding round | ₹29.17 Cr | Investors: an individual |
To see the full deal history of Isagro (Asia) Agrochemicals Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Isagro (Asia) Agrochemicals Private Limited has 49 court cases on record: 34 filed by Isagro (Asia) Agrochemicals, 15 filed against it. 4 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 9 | 2 |
| High courts | 22 | 6 | 2 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Safex Chemicals India Ltd. | Disposed |
| Bombay High Court | Court case (LPETN) | Filed by the company against Safex Chemicals India Ltd. | Disposed |
| Bombay High Court | Court case (CHS) | Filed by the company against Safex Chemicals India Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Safex Chemicals India Ltd. | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Safex Chemicals India Ltd. | Disposed |
To see the full case history of Isagro (Asia) Agrochemicals 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 Isagro (Asia) Agrochemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Isagro (Asia) Agrochemicals Private Limited has a workforce of 296 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Isagro (Asia) Agrochemicals has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACI8431L1ZM | Punjab | Active | 01 Jul 2017 |
| 08AAACI8431L1ZC | Rajasthan | Active | 01 Jul 2017 |
| 18AAACI8431L1ZB | Assam | Active | 01 Jul 2017 |
| 19AAACI8431L1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Isagro (Asia) Agrochemicals Private Limited, buy the company report.
Recent activity
Isagro (Asia) Agrochemicals Private Limited has 28 board changes on record since 2008: 4 appointments and 24 cessations. The latest: Anil Shantilal Inani ceased to be Whole-Time Director on 31 Dec 2021.
41 earlier events are in the company report.
News
Frequently asked questions
Isagro (Asia) Agrochemicals has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Isagro (Asia) Agrochemicals was a private limited company based in Mumbai, Maharashtra, India. The company worked in crop protection, within the agriculture industry. It was incorporated on 21 August 2001 and is registered under CIN U24299MH2001PTC133128. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Isagro (Asia) Agrochemicals was incorporated on 21 August 2001. It is registered with the Registrar of Companies, Mumbai.
Isagro (Asia) Agrochemicals had 4 directors:
- Ramamurthy Sankar - Director
- Alpana Parida Shah - Director
- Tanjore Balganesh Soundararajan - Director
- Raman Ramachandran - Director
The CIN (Corporate Identification Number) of Isagro (Asia) Agrochemicals is U24299MH2001PTC133128. 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 Isagro (Asia) Agrochemicals is at Unit No. 3 – A 1st Office Floor The Orb Sahar Road Marol Andheri East, Mumbai, Maharashtra, India – 400099.
Isagro (Asia) Agrochemicals can be reached through the website isagro.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Isagro (Asia) Agrochemicals on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Isagro (Asia) Agrochemicals is 03AAACI8431L1ZM, registered in Punjab. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 08AAACI8431L1ZC (Rajasthan), 18AAACI8431L1ZB (Assam), 19AAACI8431L1Z9 (West Bengal).
Isagro (Asia) Agrochemicals operated in the agriculture industry, in the crop protection segment.
Isagro (Asia) Agrochemicals has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹29.17 Cr; the latest was in September 2018.
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