About Pranav Agro Industries Limited
Data last updated:
Pranav Agro Industries Limited is a public limited company based in Sangli, Maharashtra, 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 animal feeds segment of the agriculture sector. It was incorporated on 02 February 2000.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15143PN2000PLC014444. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹7.25 Cr and a paid-up capital of ₹7.18 Cr. It is led by directors including Shruti Pravin Lunkad (Whole-Time Director) and Yogesh Narsudas Sheth (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No E 5 MIDC Kupwad Sangli Tal Miraj Dist Sangli, Maharashtra, India – 416416.
As per the financials filed for FY 2016, the company reported a revenue of ₹304.92 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹107.28 Cr (net margin -35.2%) and EBITDA of -₹82.98 Cr (EBITDA margin -27.2%).
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹286.88 Cr and satisfied charges of ₹51.67 Cr on record. Court records list 197 cases involving the company, including 99 filed by the company and 98 filed against it; 9 cases are pending.
The last known website on record is pranavgroup.com.
Company details
Contact details
Pranav Agro Industries Limited's registered office is in Sangli, Maharashtra. Its website is pranavgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No E 5 MIDC Kupwad Sangli Tal Miraj Dist Sangli, Maharashtra, India – 416416
- IndustryAgriculture, Animal Feeds
To see the full contact details of Pranav Agro Industries 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 Pranav Agro Industries is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Pranav Agro Industries Limited, buy the company report.
Financials of Pranav Agro Industries Limited
FY 2016 filings availablePranav Agro Industries Limited reported revenue of ₹304.92 Cr (down 60% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60% in the latest year. EBITDA fell 359% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Cost of Materials Consumed | ||
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| Total Expenses | ||
| EBITDA | -₹82.98 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹107.28 Cr | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -27.2% | |
| Net Profit Margin | -35.2% | |
| 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 Pranav Agro Industries Limited, buy the company report.
Board of directors of Pranav Agro Industries Limited
Pranav Agro Industries has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Pravin Lunkad | Whole-Time Director | 30 Oct 2008 | 17 Years 11 Months | As last reported |
| Santosh Ganpati Jadhav | Additional Director | 02 Jan 2017 | 9 Years 9 Months | As last reported |
| Yogesh Narsudas Sheth | Whole-Time Director | 06 Dec 2007 | 18 Years 10 Months | As last reported |
| Ashok Kisan Mane | Director | 26 Feb 2015 | 11 Years 7 Months | As last reported |
Auditor
Pranav Agro Industries Limited is audited by Sanjay N. Pawar & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay N. Pawar & Associates | FY 2015 |
Shareholding
The shareholding of Pranav Agro Industries 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 Pranav Agro Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2015 | 10569979 | Canara Bank | ₹5 Cr | Open | |
| 25 Apr 2013 | 10431807 | Union Bank of India | ₹3 Cr | Open | |
| 04 Jul 2012 | 10367898 | Canara Bank | ₹16.66 Cr | Open | |
| 04 Jan 2011 | 10262802 | Union Bank of India | ₹16.67 Cr | Open | |
| 04 Jan 2011 | 10264733 | Union Bank of India | ₹14.17 Cr | Open |
To see the full charge records of Pranav Agro Industries Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Pranav Agro Industries Limited has 197 court cases on record: 99 filed by Pranav Agro Industries, 98 filed against it. 9 cases are pending and 188 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 132 | 65 | 7 |
| High courts | 64 | 33 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 197)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Oasis Shipping Pvt Ltd (NMCD 515/2017) | Pending |
| District court, Sangli, Maharashtra | Court case (R.C.A.) | Filed against the company by Yantrik Engineering Pvt Ltd Thru Prakash Chougule | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by Oasis Shipping Pvt Ltd | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by Lokmat Media Pvt. Ltd. Through Mahesh Vishnu Panhalkar | Pending |
| High Court, MAHARASHTRA | Court case (OLR) | Filed by the company against M/S.Shakti International Pvtltd. (Petitioner) and 2 others | Disposed |
To see the full case history of Pranav Agro Industries 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 Pranav Agro Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pranav Agro Industries Limited has a workforce of 9 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Pranav Agro Industries has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pranav Agro Industries Limited, buy the company report.
Recent activity
Pranav Agro Industries Limited has 14 board changes on record since 2007: 4 appointments and 10 cessations. The latest: Santosh Ganpati Jadhav was appointed as Additional Director on 02 Jan 2017.
33 earlier events are in the company report.
Frequently asked questions
Pranav Agro Industries 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.
Pranav Agro Industries is a company under liquidation, formerly operating as a public limited company based in Sangli, Maharashtra, India. The company works in animal feeds, within the agriculture industry. It was incorporated on 02 February 2000 and is registered under CIN U15143PN2000PLC014444. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Pranav Agro Industries has 4 current directors:
- Shruti Pravin Lunkad - Whole-Time Director
- Yogesh Narsudas Sheth - Whole-Time Director
- Santosh Ganpati Jadhav - Additional Director
- Ashok Kisan Mane - Director
The latest financial statements of Pranav Agro Industries on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pranav Agro Industries is U15143PN2000PLC014444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pranav Agro Industries has open charges of ₹286.88 Cr and satisfied charges of ₹51.67 Cr as per latest MCA filings.
Pranav Agro Industries has 197 court cases on record: 99 filed by the company and 98 filed against it. 9 are pending. Most are in the district courts.
Pranav Agro Industries was incorporated on 02 February 2000. It is registered with the Registrar of Companies, Pune.
Santosh Ganpati Jadhav was appointed as Additional Director on 02 Jan 2017. Ashok Kisan Mane ceased to be Additional Director on 30 Sep 2015. Ashok Kisan Mane was appointed as Director on 26 Feb 2015. Pranav Agro Industries has 14 board changes on record in total.
Pranav Agro Industries can be reached through the website pranavgroup.com. Its registered office is in Sangli, Maharashtra, India.