About Maa Durga Rice Products Private Limited
Data last updated:
Maa Durga Rice Products Private Limited is a private limited company based in Cuttack, Odisha, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 22 June 2005.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U15314OR2005PTC008221. Its GSTIN is 21AAECM3392C1ZX (Odisha).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹2.48 Cr. It is led by directors Prasanta Chandra Rath (Managing Director) and Lora Mitra Rath.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at At Kairapari Kotsahitangi, Cuttack, Odisha, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.8 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹4.07 Cr (net margin -107.3%) and EBITDA of -₹3.29 Cr (EBITDA margin -86.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹49.87 Cr and satisfied charges of ₹26 Cr on record. Court records list 20 cases involving the company, including 3 filed by the company and 17 filed against it; 7 cases are pending.
The last known website on record is mtpcl.in.
Company details
Contact details
Maa Durga Rice Products Private Limited's registered office is in Cuttack, Odisha. Its website is mtpcl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAt Kairapari Kotsahitangi, Cuttack, Odisha, India
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Maa Durga Rice Products 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 Maa Durga Rice Products 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 Maa Durga Rice Products Private Limited, buy the company report.
Financials of Maa Durga Rice Products Private Limited
FY 2019 filings availableMaa Durga Rice Products Private Limited reported revenue of ₹3.8 Cr (down 31% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 31% fall in the latest year. EBITDA fell 839% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹3.29 Cr | ||||
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| Net Profit (PAT) | -₹4.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -86.6% | ||||
| Net Profit Margin | -107.3% | ||||
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To see the full financial statements and ratios of Maa Durga Rice Products Private Limited, buy the company report.
Board of directors of Maa Durga Rice Products Private Limited
Maa Durga Rice Products has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanta Chandra Rath | Managing Director | 22 Jun 2005 | 21 Years 4 Months | As last reported |
| Lora Mitra Rath Also directs: Navadurga Industries Limited | Director | 15 Mar 2013 | 13 Years 7 Months | As last reported |
Peer comparison
Maa Durga Rice Products Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Agrisan Chemicals Private Limited | ₹3.81 Cr (FY 2025) | -24.0% | Kupwad, Maharashtra, India | |||
| Reetika Seed Products Private Limited | ₹3.8 Cr (FY 2023) | -89.0% | Ahmedabad, Gujarat, India | |||
| Vrashti Crop Chemicals Private Limited | ₹3.8 Cr (FY 2024) | 171.0% | Ujjain, Madhya Pradesh, India | |||
| Maa Durga Rice Products Private Limitedthis company | ₹3.8 Cr (FY 2019) | -₹4.07 Cr | -107.3% | -31.0% | Cuttack, Odisha, India | |
| Pratichi Dairy Products Private Limited | ₹3.79 Cr (FY 2024) | -33.0% | Bhubaneswar, Odisha, India | |||
| Iced Desserts and Food Parlours (India) P.Ltd. | ₹3.79 Cr (FY 2023) | 42.0% | Pune, Maharashtra, India |
To see the full peer comparison of Maa Durga Rice Products Private Limited, buy the company report.
Auditor
Maa Durga Rice Products Private Limited is audited by PRATAP & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATAP & CO | FY 2015 | 322828E |
Shareholding
The shareholding of Maa Durga Rice Products Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maa Durga Rice Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2014 | 10522317 | Srei Equipment Finance Limited | ₹20 Cr | Open | |
| 21 Jul 2009 | 10171532 | Bank of India | ₹21 Cr | Open | |
| 22 Jun 2009 | 10166538 | Bank of India | ₹17.98 Lakh | Open | |
| 03 Mar 2006 | 80015793 | Bank of India | ₹19.32 Lakh | Open | |
| 03 Mar 2006 | 80015794 | Bank of India | ₹50 Lakh | Open |
To see the full charge records of Maa Durga Rice Products Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Maa Durga Rice Products Private Limited has 20 court cases on record: 3 filed by Maa Durga Rice Products, 17 filed against it. 7 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 5 |
| High courts | 7 | 5 | 0 |
| NCLAT | 6 | 6 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Pending |
| High Court | Arbitration matter | Filed against the company by Srei Equipment Finance Ltd. | Disposed |
| High Court | Court case (COPET) | Filed against the company by Srei Equipment Finance Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
To see the full case history of Maa Durga Rice Products 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 Maa Durga Rice Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maa Durga Rice Products Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
GST
Maa Durga Rice Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECM3392C1ZX | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maa Durga Rice Products Private Limited, buy the company report.
Recent activity
Maa Durga Rice Products Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Padmini Rath ceased to be Director on 03 Jun 2014.
10 earlier events are in the company report.
Frequently asked questions
Maa Durga Rice Products is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Maa Durga Rice Products is a company under liquidation, formerly operating as a private limited company based in Cuttack, Odisha, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 22 June 2005 and is registered under CIN U15314OR2005PTC008221. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Maa Durga Rice Products has 2 current directors:
- Prasanta Chandra Rath - Managing Director
- Lora Mitra Rath - Director
The latest financial statements of Maa Durga Rice Products on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Maa Durga Rice Products is U15314OR2005PTC008221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maa Durga Rice Products has open charges of ₹49.87 Cr and satisfied charges of ₹26 Cr as per latest MCA filings.
Maa Durga Rice Products has 20 court cases on record: 3 filed by the company and 17 filed against it. 7 are pending. Most are in the district courts.
Maa Durga Rice Products was incorporated on 22 June 2005. It is registered with the Registrar of Companies, Cuttack.
The peers of Maa Durga Rice Products by revenue are Agrisan Chemicals Private Limited, Reetika Seed Products Private Limited, Vrashti Crop Chemicals Private Limited, Pratichi Dairy Products Private Limited, Iced Desserts and Food Parlours (India) P.Ltd, all in the Agriculture industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Padmini Rath ceased to be Director on 03 Jun 2014. Pramod Chandra Rath ceased to be Director on 03 Jun 2014. Lora Mitra Rath was appointed as Director on 15 Mar 2013. Maa Durga Rice Products has 4 board changes on record in total.
Maa Durga Rice Products can be reached through the website mtpcl.in. Its registered office is in Cuttack, Odisha, India.
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