About Narmada Cereal Private Limited
Data last updated:
Narmada Cereal Private Limited is a private limited company based in Delhi, 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 staple foods and grains segment of the food and beverages sector. It was incorporated on 28 March 2007.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U20296DL2007PTC161251. Its GSTIN is 23AACCN5596P2ZS (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.45 Cr. It is led by directors Arun Kumar Mittal and Abhinav Mittal.
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 Shop No. 14 Pocket – A Market Sarita Vihar, Delhi, India – 110076.
As per the financials filed for FY 2019, the company reported a revenue of ₹79.53 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹52.4 Cr (net margin -65.9%) and EBITDA of -₹43.92 Cr (EBITDA margin -55.2%).
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹61.88 Cr and satisfied charges of ₹52.5 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 3 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.44 Cr; the latest was in June 2016.
The last known website on record is narmadabasmatirice.com.
Company details
Contact details
Narmada Cereal Private Limited's registered office is in Delhi, Delhi. Its website is narmadabasmatirice.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No. 14 Pocket – A Market Sarita Vihar, Delhi, India – 110076
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Narmada Cereal 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 Narmada Cereal is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Narmada Cereal Private Limited, buy the company report.
Financials of Narmada Cereal Private Limited
FY 2019 filings availableNarmada Cereal Private Limited reported revenue of ₹79.53 Cr (down 35% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year. EBITDA fell 588% in the latest 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹79.53 Cr | ||||
| Other Income | |||||
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| EBITDA | -₹43.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹52.4 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -55.2% | ||||
| Net Profit Margin | -65.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Narmada Cereal Private Limited, buy the company report.
Board of directors of Narmada Cereal Private Limited
Narmada Cereal has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Mittal | Director | 05 Jun 2007 | 19 Years 4 Months | As last reported |
| Abhinav Mittal | Director | 02 Apr 2013 | 13 Years 6 Months | As last reported |
Auditor
Narmada Cereal Private Limited is audited by MANOHAR LAL JAIN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOHAR LAL JAIN & CO | FY 2019 | 002010C |
Shareholding
The shareholding of Narmada Cereal Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Narmada Cereal Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2011 | 10276327 | Others | ₹61.88 Cr | Open | |
| 16 Jan 2015 | 10548146 | Oriental Bank of Commerce | ₹10 Cr | Satisfied | |
| 21 Mar 2009 | 10154283 | Oriental Bank of Commerce Limited | ₹8 Cr | Satisfied | |
| 21 Mar 2009 | 10154280 | Oriental Bank of Commerce Limited | ₹2 Cr | Satisfied | |
| 21 Mar 2009 | 10154284 | Oriental Bank of Commerce Limited | ₹4 Cr | Satisfied |
To see the full charge records of Narmada Cereal Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Narmada Cereal Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.44 Cr; the latest was in June 2016.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹50 Lakh | Investors: an individual |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Empower Foods & Beverages Private Limited , Saksham Overseas Private Limited , Jahan Retail & Marketing Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Saksham Overseas Private Limited Seller: an individual |
| Mar 2008 | Funding round | ₹2.99 Cr | Investors: PD Agroprocessoers Private Limited, Saksham Overseas Private Limited , Jahan Retail & Marketing Private Limited, an individual |
To see the full deal history of Narmada Cereal 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
Narmada Cereal Private Limited has 7 court cases on record: 2 filed by Narmada Cereal, 5 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 3 | 1 |
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court IV | Tribunal matter | Filed against the company by MP Industrial Development Corporation Ltd. | Pending |
| NCLAT, Court IV | Tribunal matter | Filed against the company by MP Industrial Development Corporation Ltd. | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against MP Industrial Development Corporation Limited & Ors. and 3 others | Disposed |
| District court, Central, Delhi | Court case (CBI) | Filed against the company by an individual | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Oriental Bank of Commerce | Pending |
To see the full case history of Narmada Cereal 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.
Credit ratings & regulatory alerts
Narmada Cereal Private Limited was last rated by Crisil on 27 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Feb 2021 |
To see the full credit ratings and regulatory alerts of Narmada Cereal Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Narmada Cereal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Narmada Cereal Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Narmada Cereal has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCN5596P2ZS | Madhya Pradesh | Active | 09 Feb 2021 |
To see the full GST registrations and return filing status of Narmada Cereal Private Limited, buy the company report.
Recent activity
Narmada Cereal Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Atul Arya Agrahari ceased to be Company Secretary on 31 Mar 2019.
16 earlier events are in the company report.
Frequently asked questions
Narmada Cereal 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.
Narmada Cereal is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 28 March 2007 and is registered under CIN U20296DL2007PTC161251. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Narmada Cereal has 2 current directors:
- Arun Kumar Mittal - Director
- Abhinav Mittal - Director
The latest financial statements of Narmada Cereal 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 Narmada Cereal is U20296DL2007PTC161251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narmada Cereal has open charges of ₹61.88 Cr and satisfied charges of ₹52.5 Cr as per latest MCA filings.
Narmada Cereal has 7 court cases on record: 2 filed by the company and 5 filed against it. 3 are pending. Most are in the nclat.
Narmada Cereal was incorporated on 28 March 2007. It is registered with the Registrar of Companies, Delhi.
Narmada Cereal has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.44 Cr; the latest was in June 2016.
Atul Arya Agrahari ceased to be Company Secretary on 31 Mar 2019. Ankit Gupta ceased to be Company Secretary on 15 Mar 2016. Abhinav Mittal was appointed as Director on 02 Apr 2013. Narmada Cereal has 9 board changes on record in total.