About Shivam Agroprocess Private Limited
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Shivam Agroprocess Private Limited is a private limited company based in Palanpur, Gujarat, India. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 19 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01549GJ2007PTC050291. Its GSTIN is 24ABHFS9855M1ZD (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.72 Cr. It is led by directors including Amrutlal Ishwarlal Patel and Mahesh Shivrambhai Patel.
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 Shivam Sales Corporation Opp. Gayatri Mandir National Highway, Palanpur, Gujarat, India – 385001.
As per the financials filed for FY 2024, the company reported a revenue of ₹356.75 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.67 Cr (net margin 0.5%) and EBITDA of ₹5.34 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shivam Agro. As per MCA filings, the company has open charges of ₹103.5 Cr and satisfied charges of ₹68.02 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.67 Cr; the latest was in December 2019. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivamagro.com.
Company details
Contact details
Shivam Agroprocess Private Limited's registered office is in Palanpur, Gujarat. Its website is shivamagro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShivam Sales Corporation Opp. Gayatri Mandir National Highway, Palanpur, Gujarat, India – 385001
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
To see the full contact details of Shivam Agroprocess 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
Brands
Shivam Agroprocess operates one associated brand: Shivam Agro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Castor oil processing and derivatives in Gujarat, India. | shivamagro.com |
Business activity
The main business activity of Shivam Agroprocess 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 Shivam Agroprocess Private Limited, buy the company report.
Financials of Shivam Agroprocess Private Limited
FY 2024 filings availableShivam Agroprocess Private Limited reported revenue of ₹356.75 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 23% 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 |
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| EBITDA | ₹5.34 Cr | ||||
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| Net Profit (PAT) | ₹1.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Shivam Agroprocess Private Limited, buy the company report.
Board of directors of Shivam Agroprocess Private Limited
Shivam Agroprocess has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrutlal Ishwarlal Patel Also directs: Shivam Finlease Private Limited | Director | 19 Mar 2007 | 19 Years 7 Months | Current |
| Mahesh Shivrambhai Patel | Director | 19 Mar 2007 | 19 Years 7 Months | Current |
| Shivrambhai Ishwarlal Patel Also directs: Shivam Finlease Private Limited, Yash Autolink Private Limited, Ymp Agrotech Private Limited and 2 more | Director | 19 Mar 2007 | 19 Years 7 Months | Current |
| Jigar Ishvarlal Patel | Director | 17 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Shivam Agroprocess Private Limited is audited by Bharat V. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bharat V. Shah & Co. | FY 2023 | 117242W |
Shareholding
The shareholding of Shivam Agroprocess 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Shivam Agroprocess Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2022 | 100628745 | Others | ₹35 Cr | Open | |
| 29 May 2013 | 10527029 | Others | ₹68.5 Cr | Open | |
| 15 Apr 2017 | 100095312 | Others | ₹22 Cr | Satisfied | |
| 06 Jun 2012 | 10363169 | The Mehsana Urban Cooperative Bank Limited | ₹6 Cr | Satisfied | |
| 26 Sep 2007 | 10072771 | Bank of Baroda | ₹18.71 Cr | Satisfied |
To see the full charge records of Shivam Agroprocess Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Shivam Agroprocess Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.67 Cr; the latest was in December 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2014 | Funding round | ₹2.5 Cr | Investors: 4 individuals |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2011 | Funding round | ₹3.57 Cr | Investors: an individual |
To see the full deal history of Shivam Agroprocess 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
Shivam Agroprocess Private Limited has 2 court cases on record: 1 filed by Shivam Agroprocess, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by M/S Vista Logistics Pvt. Ltd. | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against an individual | Disposed |
To see the full case history of Shivam Agroprocess 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
Shivam Agroprocess Private Limited was last rated by Icra on 27 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Mar 2020 |
To see the full credit ratings and regulatory alerts of Shivam Agroprocess Private Limited, buy the company report.
MSME payment delays
Shivam Agroprocess Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Time Mauser Industries Private Limited | |||
| Gurudev Containers Private Limited | |||
| Nidhi Shipping Private Limited |
To see the full MSME payment records of Shivam Agroprocess Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shivam Agroprocess Private Limited has a workforce of 32 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Shivam Agroprocess has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABHFS9855M1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivam Agroprocess Private Limited, buy the company report.
Recent activity
Shivam Agroprocess Private Limited has 6 board changes on record since 2007: 4 appointments and 2 cessations. The latest: Anishaben Rajeshkumar Agarwal ceased to be Director on 01 Dec 2017.
13 earlier events are in the company report.
Frequently asked questions
Shivam Agroprocess is an active private limited company based in Palanpur, Gujarat, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 19 March 2007 (19+ years old) and is registered under CIN U01549GJ2007PTC050291.
Shivam Agroprocess has 4 current directors:
- Amrutlal Ishwarlal Patel - Director
- Mahesh Shivrambhai Patel - Director
- Shivrambhai Ishwarlal Patel - Director
- Jigar Ishvarlal Patel - Director
The latest financial statements of Shivam Agroprocess 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 Shivam Agroprocess is 24ABHFS9855M1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Shivam Agroprocess is U01549GJ2007PTC050291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivam Agroprocess has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Shivam Agroprocess was incorporated on 19 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shivam Agroprocess has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.67 Cr; the latest was in December 2019.
Anishaben Rajeshkumar Agarwal ceased to be Director on 01 Dec 2017. Manojkumar Babulal Agrawal ceased to be Director on 11 Mar 2016. Jigar Ishvarlal Patel was appointed as Director on 17 Apr 2015. Shivam Agroprocess has 6 board changes on record in total.
Shivam Agroprocess has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 May 2019.
Shivam Agroprocess can be reached through the website shivamagro.com. Its registered office is in Palanpur, Gujarat, India.