MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0077933
Ratnagiri Impex Private Limited - agriculture in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹65.63 Cr
▲ 5% YoY
Net profit · FY 2024
₹1.86 Cr
Net margin 2.8%
EBITDA · FY 2024
₹6.79 Cr
EBITDA margin 10.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹45.79 Cr
Satisfied ₹60.58 Cr
Company age
35 yrs
Est. 1991
Directors on board
6
As per MCA filings
About Ratnagiri Impex Private Limited
Data last updated:
Ratnagiri Impex Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 04 December 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32201KA1991PTC012578. Its GSTIN is 29AABCR5888B1Z4 (Karnataka). The company holds 19 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Galaxy Antenna Systems Private Limited. It is led by directors including Suryanarayini Annappasetty Vasudevamurthy (Managing Director) and Suryanarayani Vasudeva Murthy Anand.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Annapurna House #1/1G 7th Cross New Guddadha Halli Mysore Road, Bangalore, Karnataka, India – 560026.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.63 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.86 Cr (net margin 2.8%) and EBITDA of ₹6.79 Cr (EBITDA margin 10.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The company is associated with 2 brands: Ratnagiri Impex and Agrimart. As per MCA filings, the company has open charges of ₹45.79 Cr and satisfied charges of ₹60.58 Cr on record. Court records list 58 cases involving the company, including 35 filed by the company and 23 filed against it; 6 cases are pending.
Ratnagiri Impex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0077933). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agrimart.in.
Company details
CIN U32201KA1991PTC012578
Registration Number 012578
Incorporation Date 04 December 1991
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0077933
CIN history
Ratnagiri Impex has one previous CIN (Corporate Identification Number): U00052KA1991PTC012578. The current CIN is U32201KA1991PTC012578, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32201KA1991PTC012578 | Current |
| U00052KA1991PTC012578 | Previous |
Key People
Suryanarayini Annappasetty Vasudevamurthy Managing Director Suryanarayani Vasudeva Murthy Anand Director Suryanarayan Annappasetty Sundaresh Director Recognitions & Rankings of Ratnagiri Impex
Contact details
Ratnagiri Impex Private Limited's registered office is in Bangalore, Karnataka. Its website is agrimart.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressAnnapurna House #1/1G 7th Cross New Guddadha Halli Mysore Road, Bangalore, Karnataka, India – 560026
- IndustryAgriculture, Agri Machinery & Equipment
To see the full contact details of Ratnagiri Impex Private Limited, buy the company report.
Comprehensive company report
Ratnagiri Impex 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
Ratnagiri Impex operates two associated brands: Ratnagiri Impex and Agrimart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an app-based online retailer for multi-category farm equipment and machinery. | ratnagiriimpex.com | |
| Farm equipment sales, agricultural services, and partnerships in India. | agrimart.in |
Business activity
The main business activity of Ratnagiri Impex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ratnagiri Impex Private Limited, buy the company report.
Financials of Ratnagiri Impex Private Limited
FY 2024 filings availableRatnagiri Impex Private Limited reported revenue of ₹65.63 Cr (up 5% YoY) for FY 2024.
Revenue · FY 2024
₹65.63 Cr ▲ 5%
Net profit · FY 2024
₹1.86 Cr margin 2.8%
EBITDA · FY 2024
₹6.79 Cr margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 7%
Revenue rose 5% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹6.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.86 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 Ratnagiri Impex Private Limited, buy the company report.
Board of directors of Ratnagiri Impex Private Limited
Ratnagiri Impex has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryanarayani Vasudeva Murthy Anand | Director | 01 Oct 2002 | 24 Years 1 Months | Current |
| Suryanarayini Annappasetty Vasudevamurthy Also directs: Suntec Agri Equipments (India) Private Limited | Managing Director | 19 May 2000 | 26 Years 5 Months | Current |
| Suryanarayan Annappasetty Sundaresh Also directs: Suntec Agri Equipments (India) Private Limited | Director | 19 May 2000 | 26 Years 5 Months | Current |
| Chandra Mohan Suryanarayana Annappa Shetty | Director | 19 May 2000 | 26 Years 5 Months | Current |
| Suryanarayini Annappa Setty Gopala Krishna Also directs: Mine'dor Ventures Private Limited | Director | 19 May 2000 | 26 Years 5 Months | Current |
| Suryanarayani Vasudevamurhty Aravind | Director | 10 Jan 2002 | 24 Years 9 Months | Current |
Auditor
Ratnagiri Impex Private Limited is audited by H.R.Suresh & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.R.Suresh & Co | FY 2023 | 004268S |
Shareholding
The shareholding of Ratnagiri Impex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ratnagiri Impex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45.79 Cr
Satisfied charges
₹60.58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2021 | 100489674 | Others | ₹27.6 Cr | Open | |
| 29 Jul 2021 | 100467654 | Others | ₹1 Lakh | Open | |
| 26 Aug 2017 | 100128980 | Others | ₹18.18 Cr | Open | |
| 06 May 2016 | 100030312 | Others | ₹3 Cr | Satisfied | |
| 06 May 2014 | 10496222 | The National Co-Operative Bank Limited | ₹6 Cr | Satisfied |
To see the full charge records of Ratnagiri Impex Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Ratnagiri Impex Private Limited has 58 court cases on record: 35 filed by Ratnagiri Impex, 23 filed against it. 6 cases are pending and 52 are disposed.
Total cases
58
Filed by the company
35
Filed against the company
23
Pending
6
Disposed
52
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 13 | 5 |
| High courts | 22 | 8 | 1 |
| Supreme Court | 4 | 2 | 0 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by North Eastern Regional Agricultural Marketing Corporation Ltd. Rep. by Its GM (Assam) No.9, Rajabari Path, G.S. Road, Near Ganeshguri Flyover, Guwahati ,Kamrup , Assam | Disposed |
| High Court | Arbitration matter | Filed by the company against North Eastern Regional Agricultural Marketing Corpn. Ltd. (Neramac Ltd.) | Disposed |
| High Court | Writ petition | Filed against the company by Rekha Agriplas Limited | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Rekha Agriplas Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Ratnagiri Impex 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
Ratnagiri Impex Private Limited was last rated by Brickwork on 12 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 12 Aug 2021 |
To see the full credit ratings and regulatory alerts of Ratnagiri Impex Private Limited, buy the company report.
MSME payment delays
Ratnagiri Impex Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 212 overdue payments to 45 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 45)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Rainbow Saw Mill & Wood Works | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ratnagiri Impex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ratnagiri Impex has 19 GST registrations: 5 active and 14 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
19
Active
5
Cancelled / inactive
14
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCR5888B1Z4 | Karnataka | Active | 01 Jul 2017 |
| 36AABCR5888B2Z8 | Telangana | Active | 24 Feb 2021 |
| 19AABCR5888B2Z4 | West Bengal | Active | 08 Dec 2022 |
| 23AABCR5888B1ZG | Madhya Pradesh | Active | 21 Aug 2024 |
To see the full GST registrations and return filing status of Ratnagiri Impex Private Limited, buy the company report.
Recent activity
Ratnagiri Impex Private Limited has 7 board changes on record since 2000: 6 appointments and 1 cessation. The latest: Pranuthi Murali Krishnan ceased to be Additional Director on 13 Nov 2015.
Charges
A charge with Others of Rs. 27.60 Cr registered on 28 Sep 2021 with Charge ID 100489674 was modified on 14 May 2025.
AGM
Ratnagiri Impex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ratnagiri Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 29 Jan 2001 via Charge ID 90192343 with Others was fully satisfied on 13 Feb 2023.
Charges
A charge with Others amounted to Rs. 27.60 Cr with Charge ID 100489674 was registered on 28 Sep 2021.
Charges
A charge with Others amounted to Rs. 0.01 Cr with Charge ID 100467654 was registered on 29 Jul 2021.
Charges
A charge with Others of Rs. 18.18 Cr registered on 26 Aug 2017 with Charge ID 100128980 was modified on 02 Jul 2021.
Charges
A charge with Others of Rs. 42.05 Cr registered on 29 Jan 2001 with Charge ID 90192343 was modified on 18 Dec 2017.
Charges
A charge with Others amounted to Rs. 18.18 Cr with Charge ID 100128980 was registered on 26 Aug 2017.
Charges
A charge registered on 06 May 2016 via Charge ID 100030312 with Others was fully satisfied on 31 Jul 2017.
Charges
A charge registered on 06 May 2014 via Charge ID 10496222 with The National Co-Operative Bank Limited was fully satisfied on 31 Jul 2017.
Charges
A charge registered on 29 Oct 2010 via Charge ID 10252858 with The National Co-Operative Bank Limited was fully satisfied on 31 Jul 2017.
18 earlier events are in the company report.
Frequently asked questions
Ratnagiri Impex is an active private limited company based in Bangalore, Karnataka, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 04 December 1991 (35+ years old) and is registered under CIN U32201KA1991PTC012578.
Ratnagiri Impex has 6 current directors:
- Suryanarayini Annappasetty Vasudevamurthy - Managing Director
- Suryanarayani Vasudeva Murthy Anand - Director
- Suryanarayan Annappasetty Sundaresh - Director
- Chandra Mohan Suryanarayana Annappa Shetty - Director
- Suryanarayini Annappa Setty Gopala Krishna - Director
- Suryanarayani Vasudevamurhty Aravind - Director
The latest financial statements of Ratnagiri Impex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ratnagiri Impex is 29AABCR5888B1Z4, registered in Karnataka. The company has 19 GST registrations in all, of which 5 are active and 14 are cancelled or inactive. Other active GSTINs include 36AABCR5888B2Z8 (Telangana), 19AABCR5888B2Z4 (West Bengal), 23AABCR5888B1ZG (Madhya Pradesh).
The CIN (Corporate Identification Number) of Ratnagiri Impex is U32201KA1991PTC012578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnagiri Impex has 58 court cases on record: 35 filed by the company and 23 filed against it. 6 are pending. Most are in the district courts.
Ratnagiri Impex was incorporated on 04 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Pranuthi Murali Krishnan ceased to be Additional Director on 13 Nov 2015. Suryanarayani Vasudeva Murthy Anand was appointed as Director on 01 Oct 2002. Suryanarayani Vasudevamurhty Aravind was appointed as Director on 10 Jan 2002. Ratnagiri Impex has 7 board changes on record in total.
Yes, Ratnagiri Impex is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0077933).
Ratnagiri Impex has 10 MSME Form 1 returns on record between 2019 and 2023, listing 212 overdue payments to 45 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Ratnagiri Impex can be reached through the website agrimart.in. Its registered office is in Bangalore, Karnataka, India.
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