About Parvin Agro Private Limited
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Parvin Agro Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 18 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15143GJ2004PTC044617. Its GSTIN is 24AADCP3387P1ZV (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90.41 Lakh. It is led by directors including Tausif Ahamad Abdulbhai Vhora and Nasiruddin Akbarbhai Vhora.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Rupal Road Village: Rupal Taluka: Bavla Dist:, Ahmedabad, Gujarat, India – 382220.
As per the financials filed for FY 2017, the company reported a revenue of ₹8.59 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹15.61 Cr (net margin -181.7%) and EBITDA of -₹10.74 Cr (EBITDA margin -125%).
Its group structure includes 4 subsidiaries.
As per MCA filings, the company has open charges of ₹57.05 Cr and satisfied charges of ₹59.7 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website parvingroup.in.
Company details
Contact details
Parvin Agro Private Limited's registered office is in Ahmedabad, Gujarat. Its website is parvingroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRupal Road Village: Rupal Taluka: Bavla Dist:, Ahmedabad, Gujarat, India – 382220
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Parvin Agro 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 Parvin Agro is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Parvin Agro Private Limited, buy the company report.
Financials of Parvin Agro Private Limited
FY 2017 filings availableParvin Agro Private Limited reported revenue of ₹8.59 Cr (down 92% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year. EBITDA rose 29% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹8.59 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹10.74 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹15.61 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -125% | ||
| Net Profit Margin | -181.7% | ||
| 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 Parvin Agro Private Limited, buy the company report.
Board of directors of Parvin Agro Private Limited
Parvin Agro has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tausif Ahamad Abdulbhai Vhora Also directs: Parvin Cotgin Private Limited, Parvin Exim Private Limited | Director | 15 Dec 2014 | 11 Years 10 Months | Current |
| Nasiruddin Akbarbhai Vhora Also directs: Parvin Cotgin Private Limited, Parvin Cotton Private Limited, Parvin Exim Private Limited and 1 more | Director | 18 Aug 2004 | 22 Years 2 Months | Current |
| Akbarbhai Noorbhai Vahora | Director | 20 Aug 2004 | 22 Years 2 Months | Current |
Auditor
Parvin Agro Private Limited is audited by S K CHALISHAZAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K CHALISHAZAR & CO | FY 2017 | 112110W |
Shareholding
The shareholding of Parvin Agro Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Parvin Agro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2016 | 100022568 | Dena Bank | ₹14.5 Cr | Open | |
| 25 Jun 2015 | 10579975 | Axis Bank Limited | ₹16.55 Cr | Open | |
| 10 Sep 2014 | 10523509 | Kotak Mahindra Bank Limited | ₹16 Cr | Open | |
| 26 Oct 2009 | 10186430 | Punjab National Bank | ₹10 Cr | Open | |
| 28 May 2014 | 10509377 | Punjab National Bank | ₹14 Cr | Satisfied |
To see the full charge records of Parvin Agro Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Parvin Agro Private Limited has 8 court cases on record: 5 filed by Parvin Agro, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Axis Bank Ltd and 1 other | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Axis Bank Ltd and 1 other | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Kotak Mahindra Bank Ltd and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Kotak Mahindra Bank Ltd and 1 other | Disposed |
To see the full case history of Parvin Agro 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 Parvin Agro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Parvin Agro has 4 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Parvin Cotgin Private Limited | U01405GJ2010PTC062335 | |
| Parvin Cotgin Private Limited | U01405GJ2010PTC062335 | |
| Parvin Exim Private Limited | U51900GJ2014PTC080516 | |
| Parvin Exim Private Limited | U51900GJ2014PTC080516 |
To see the full group structure of Parvin Agro Private Limited, buy the company report.
GST
Parvin Agro has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCP3387P1ZV | Gujarat | Active | 06 Sep 2017 |
To see the full GST registrations and return filing status of Parvin Agro Private Limited, buy the company report.
Recent activity
Parvin Agro Private Limited has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Abdulbhai Noorbhai Vahora ceased to be Director on 18 Jul 2016.
18 earlier events are in the company report.
Frequently asked questions
Parvin Agro is an active private limited company based in Ahmedabad, Gujarat, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 18 August 2004 (22+ years old) and is registered under CIN U15143GJ2004PTC044617.
Parvin Agro has 3 current directors:
- Tausif Ahamad Abdulbhai Vhora - Director
- Nasiruddin Akbarbhai Vhora - Director
- Akbarbhai Noorbhai Vahora - Director
The latest financial statements of Parvin Agro on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Parvin Agro is 24AADCP3387P1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Parvin Agro is U15143GJ2004PTC044617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parvin Agro has 8 court cases on record: 5 filed by the company and 3 filed against it. Most are in the high courts.
Parvin Agro was incorporated on 18 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Abdulbhai Noorbhai Vahora ceased to be Director on 18 Jul 2016. Tanvir Ahamed Vhora ceased to be Additional Director on 30 Sep 2015. Tausif Ahamad Abdulbhai Vhora ceased to be Additional Director on 30 Sep 2015. Parvin Agro has 8 board changes on record in total.
Parvin Agro can be reached through the website parvingroup.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Parvin Agro is at Rupal Road Village: Rupal Taluka: Bavla Dist:, Ahmedabad, Gujarat, India – 382220.
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