
Aceagro Industries Private Limited
About Aceagro Industries Private Limited
Data last updated:
Aceagro Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 27 October 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1983PTC031215. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.74 Cr. It was formerly known as Avipharma Industries Private Limited and Tarapur Inorganics Private Limited. It is led by directors Siddharth Chandrashekhar Rangnekar and Avinash Chandrashekar Rangnekar.
Its last annual general meeting (AGM) was held on 28 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at De – Joss A – 752 Ice Factory Rd Bandra (W), Mumbai, Maharashtra, India – 400050.
As per MCA filings, the company has open charges of ₹46.83 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Aceagro Industries has undergone 2 name changes throughout its history. The company was previously known as Avipharma Industries Private Limited, and Tarapur Inorganics Private Limited. The current legal name is Aceagro Industries Private Limited.
| Company Name | Status |
|---|---|
| Aceagro Industries Private Limited | Current |
| Avipharma Industries Private Limited | Previous |
| Tarapur Inorganics Private Limited | Previous |
Contact details
Aceagro Industries Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressDe – Joss A – 752 Ice Factory Rd Bandra (W), Mumbai, Maharashtra, India – 400050
- IndustryAgriculture, Agri Support Services
- 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
Financials of Aceagro Industries Private Limited
FY 2012 filings availableFinancial Statement Summary
| Metrics | FY 2011-12 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Aceagro Industries Private Limited, buy the company report.
Board of directors of Aceagro Industries Private Limited
Aceagro Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Chandrashekhar Rangnekar Also directs: Aceagro Biosciences Limited | Director | 01 Sep 1999 | 27 Years 2 Months | Current |
| Avinash Chandrashekar Rangnekar Also directs: Aceagro Biosciences Limited, Deccan Flora Base Ltd, Ace Agro Natural Sweeteners Private Limited and 1 more | Director | 27 Oct 1983 | 43 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2008 | 10164003 | State Bank of Patiala | ₹45.8 Cr | Open | |
| 05 Apr 1994 | 90162902 | Bank of India | ₹60 Lakh | Open | |
| 27 Dec 1989 | 90162336 | Bank of India | ₹32.35 Lakh | Open | |
| 20 Feb 1987 | 90162026 | Bank of India | ₹11 Lakh | Open |
To see the full charge records of Aceagro Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Aceagro Industries Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Radiant Energy Systems Pvt. Ltd. Through Appasaheb Saudagar Dandnaik | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Radiant Energy Systems Pvt. Ltd. Through Appasaheb Saudagar Dandnaik | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by Frick India Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL CASE CBI) | Filed against the company by The State Cbi BS and FC | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by The State Cbi | Disposed |
To see the full case history of Aceagro Industries 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 Aceagro Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aceagro Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aceagro Industries Private Limited, buy the company report.
Recent activity
Aceagro Industries Private Limited has 3 board changes on record since 1983: 2 appointments and 1 cessation. The latest: Siddharth Chandrashekhar Rangnekar ceased to be Additional Director on 30 Sep 1999.
1 earlier event is in the company report.
Frequently asked questions
Aceagro Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in agri support services, within the agriculture industry. It was incorporated on 27 October 1983 (43+ years old) and is registered under CIN U24110MH1983PTC031215.
Aceagro Industries has 2 current directors:
- Siddharth Chandrashekhar Rangnekar - Director
- Avinash Chandrashekar Rangnekar - Director
The latest financial statements of Aceagro Industries on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 28 September 2012. Year-wise statements from 2015 are in the company report.
No. Aceagro Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aceagro Industries is U24110MH1983PTC031215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aceagro Industries has 6 court cases on record: 6 filed against it. 1 is pending. Most are in the district courts.
Aceagro Industries was incorporated on 27 October 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Siddharth Chandrashekhar Rangnekar ceased to be Additional Director on 30 Sep 1999. Siddharth Chandrashekhar Rangnekar was appointed as Director on 01 Sep 1999. Avinash Chandrashekar Rangnekar was appointed as Director on 27 Oct 1983.
The registered office of Aceagro Industries is at De – Joss A – 752 Ice Factory Rd Bandra W, Mumbai, Maharashtra, India – 400050.
Aceagro Industries operates in the agriculture industry, in the agri support services segment.

