Pals Agri Econnect Private Limited

Pals Agri Econnect Private Limited - agriculture in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U01114TG2017PTC120186 Incorporated 23 October 2017 ROC Hyderabad HQ Hyderabad, Telangana, India
Struck Off Private Limited Company agriculture DPIIT Startup
Data last updated
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.43 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered
Brands
1
Associated brands
Last financials
Mar 2018
Balance sheet date
Last AGM
31 Dec 2018
Annual general meeting

About Pals Agri Econnect Private Limited

Data last updated:

Pals Agri Econnect Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 23 October 2017.

The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U01114TG2017PTC120186. Its GSTIN is 36AAJCP4915F1ZD (Telangana). The company held 2 GST registrations, all of them active.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.43 Lakh. It was led by directors including Raghu Alla Rami Reddy and Phanidhar Palakoti.

Its last annual general meeting (AGM) was held on 31 December 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Alekhya Swarna #409 5th Floor. Road No. 9 Kakatiya Hills Madhapur., Hyderabad, Telangana, India – 500081.

The company was associated with 1 brand: Khethinext. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.58 Cr; the latest was in May 2018.

The last known website on record is khethinext.com.

Company details

CIN U01114TG2017PTC120186
Registration Number 120186
Incorporation Date 23 October 2017
ROC Hyderabad
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 31 December 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Pals Agri Econnect

DPIIT recognised startup Government of India
Startup India

Contact details

Pals Agri Econnect Private Limited's registered office is in Hyderabad, Telangana. Its website is khethinext.com. Its e-mail address is in the company report.

  • Email
  • Apps
  • Registered Address
    Alekhya Swarna #409 5th Floor. Road No. 9 Kakatiya Hills Madhapur., Hyderabad, Telangana, India – 500081
  • Industry
    Agriculture, Agri Support Services

To see the full contact details of Pals Agri Econnect Private Limited, buy the company report.

Comprehensive company report
Pals Agri Econnect Private Limited - one report that includes everything
  • 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
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Brands

Pals Agri Econnect operates one associated brand: KHETHINEXT. Each brand links to its own profile.

BrandDescriptionWebsite
Mobile app that enables procurement of farm inputs and provides informationkhethinext.com

Business activity

The main business activity of Pals Agri Econnect is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
AAgriculture, forestry, fishingA4Support activities to agriculture and Other Activities including hunting

To see the full business activity and turnover split of Pals Agri Econnect Private Limited, buy the company report.

Financials of Pals Agri Econnect Private Limited

FY 2018 filings available

Financial Statement Summary

MetricsFY 2017-18
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

MetricsFY 2017-18
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 Pals Agri Econnect Private Limited, buy the company report.

Board of directors of Pals Agri Econnect Private Limited

Pals Agri Econnect has 3 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Raghu Alla Rami ReddyDirector23 Oct 20179 Years 0 MonthsAs last reported
Phanidhar PalakotiDirector23 Oct 20179 Years 0 MonthsAs last reported
Pavani ChakrahariAdditional Director20 Aug 20188 Years 2 MonthsAs last reported

Auditor

Pals Agri Econnect Private Limited is audited by M RAVITEJA REDDY & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
M RAVITEJA REDDY & COFY 2018014405S

Shareholding

The shareholding of Pals Agri Econnect Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Pals Agri Econnect Private Limited, buy the company report.

Deals & funding

Pals Agri Econnect Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.58 Cr; the latest was in May 2018.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹2.58 Cr

Deals on record (2 of 2)

WhenDealAmountParties
May 2018Funding round₹2.58 CrInvestors: BVS Nature Fresh Products Private Limited , Pals Global Solutions Private Limited
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Pals Agri Econnect Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Pals Agri Econnect has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
36AAJCP4915F1ZDTelanganaActive04 May 2018
37AAJCP4915F1ZBAndhra PradeshActive13 Jun 2018

To see the full GST registrations and return filing status of Pals Agri Econnect Private Limited, buy the company report.

Recent activity

Pals Agri Econnect Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Pavani Chakrahari was appointed as Additional Director on 20 Aug 2018.

AGM
Pals Agri Econnect Private Limited last Annual general meeting of members was held on 31 Dec 2018 as per latest MCA records.
Appointed
Pavani Chakrahari was appointed as Additional Director.
Filing
Pals Agri Econnect Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Hyderabad.
Appointed
Phanidhar Palakoti was appointed as Director.
Appointed
Raghu Alla Rami Reddy was appointed as Director.
Incorporation
23 Oct 2017
Pals Agri Econnect Private Limited was registered on 23 Oct 2017 with Roc Hyderabad & aged 9 years 6 days as per MCA records.

News

Pals Agri eConnect raises $5 million
26 Feb 2018 · Telangana Today

Frequently asked questions

Pals Agri Econnect has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Pals Agri Econnect was a private limited company based in Hyderabad, Telangana, India. The company worked in agri support services, within the agriculture industry. It was incorporated on 23 October 2017 and is registered under CIN U01114TG2017PTC120186. The company has been struck off by the Registrar of Companies and is no longer operational.

Pals Agri Econnect had 3 directors:

The CIN (Corporate Identification Number) of Pals Agri Econnect is U01114TG2017PTC120186. 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 Pals Agri Econnect is at Alekhya Swarna #409 5th Floor. Road No. 9 Kakatiya Hills Madhapur., Hyderabad, Telangana, India – 500081.

Pals Agri Econnect was incorporated on 23 October 2017. It is registered with the Registrar of Companies, Hyderabad.

Yes, Pals Agri Econnect is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Pals Agri Econnect can be reached through the website khethinext.com. Its registered office is in Hyderabad, Telangana, India.

The latest financial statements of Pals Agri Econnect on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 31 December 2018. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Pals Agri Econnect is 36AAJCP4915F1ZD, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAJCP4915F1ZB (Andhra Pradesh).