MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-12-0000375
Taaree Agritech Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹8.28 Cr
▲ 102% YoY
Net profit · FY 2021
₹1.24 Lakh
Net margin 0.2%
EBITDA · FY 2021
₹51.36 Lakh
EBITDA margin 6.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹6.14 Cr
Satisfied ₹9 Lakh
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Taaree Agritech Private Limited
Data last updated:
Taaree Agritech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 04 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15136KA2018PTC111894. Its GSTIN is 29AAGCT7038J1ZU (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Shankarreddy Ashareddy and Neelakanta Reddy.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.8 7th Main Road Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2021, the company reported a revenue of ₹8.28 Cr, a growth of 102% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Lakh (net margin 0.2%) and EBITDA of ₹51.36 Lakh (EBITDA margin 6.2%).
As per MCA filings, the company has open charges of ₹6.14 Cr and satisfied charges of ₹9 Lakh on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 2 cases are pending.
Taaree Agritech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-12-0000375). For more details, the company can be reached via its website taareeagritech.com.
Company details
CIN U15136KA2018PTC111894
Registration Number 111894
Incorporation Date 04 April 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
MSME Classification Micro
Udyam Registration UDYAM-KR-12-0000375
Recognitions & Rankings of Taaree Agritech
Contact details
Taaree Agritech Private Limited's registered office is in Bangalore, Karnataka. Its website is taareeagritech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.8 7th Main Road Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Taaree Agritech Private Limited, buy the company report.
Comprehensive company report
Taaree Agritech 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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Business activity
The main business activity of Taaree Agritech 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 Taaree Agritech Private Limited, buy the company report.
Financials of Taaree Agritech Private Limited
FY 2021 filings availableTaaree Agritech Private Limited reported revenue of ₹8.28 Cr (up 102% YoY) for FY 2021.
Revenue · FY 2021
₹8.28 Cr ▲ 102%
Net profit · FY 2021
₹1.24 Lakh margin 0.2%
EBITDA · FY 2021
₹51.36 Lakh margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 102%
EBITDA CAGR growth
1 year
▲ 11%
Revenue rose 102% in the latest year. EBITDA rose 11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹8.28 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹51.36 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.24 Lakh | ||
| 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 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.2% | ||
| Net Profit Margin | 0.2% | ||
| 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 Taaree Agritech Private Limited, buy the company report.
Board of directors of Taaree Agritech Private Limited
Taaree Agritech has 2 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 |
|---|---|---|---|---|
| Shankarreddy Ashareddy | Director | 04 Apr 2018 | 8 Years 6 Months | Current |
| Neelakanta Reddy | Director | 04 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Taaree Agritech Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Agritech, Instant Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Y.S. Foodies Private Limited | ₹8.34 Cr (FY 2024) | 269.0% | Kankinara, West Bengal, India | |||
| Shruti Snacks Private Limited | ₹8.28 Cr (FY 2025) | 1.0% | Indore, Madhya Pradesh, India | |||
| Taaree Agritech Private Limitedthis company | ₹8.28 Cr (FY 2021) | ₹1.24 Lakh | 0.2% | 102.0% | Bangalore, Karnataka, India | |
| Gold Mohar Products Private Limited | ₹8.28 Cr (FY 2024) | -5.0% | Ranchi, Jharkhand, India | |||
| Jam Foods and Beverages Private Limited | ₹8.25 Cr (FY 2024) | -5.0% | Bhubaneswar, Odisha, India | |||
| Tongue & Taste Foods Limited | ₹8.22 Cr (FY 2024) | 5.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Taaree Agritech Private Limited, buy the company report.
Auditor
Taaree Agritech Private Limited is audited by SHESHACHALA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHESHACHALA & CO | FY 2021 | 009409S |
Shareholding
The shareholding of Taaree Agritech Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Taaree Agritech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.14 Cr
Satisfied charges
₹9 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2020 | 100345639 | Canara Bank | ₹93.98 Lakh | Open | |
| 16 Apr 2020 | 100335434 | Canara Bank | ₹25 Lakh | Open | |
| 10 Mar 2020 | 100335560 | Canara Bank | ₹3.55 Cr | Open | |
| 06 Aug 2018 | 100242513 | Canara Bank | ₹1.4 Cr | Open | |
| 24 Sep 2020 | 100392132 | Canara Bank | ₹9 Lakh | Satisfied |
To see the full charge records of Taaree Agritech Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Taaree Agritech Private Limited has 8 court cases on record: 2 filed by Taaree Agritech, 6 filed against it. 2 cases are pending and 6 are disposed.
Total cases
8
Filed by the company
2
Filed against the company
6
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Ceva Logistics India Private Limited Through Its Authorised Representative Mr Usmangani Adam Patel | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against M/S Canara Bank | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against M/S Canara Bank | Disposed |
| District court, DAVANGERE, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, DAVANGERE, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Taaree Agritech 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 Taaree Agritech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Taaree Agritech Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Taaree Agritech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT7038J1ZU | Karnataka | Active | 23 May 2018 |
To see the full GST registrations and return filing status of Taaree Agritech Private Limited, buy the company report.
Recent activity
Taaree Agritech Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Muniraju Ramachandrappa ceased to be Director on 26 Jul 2022.
Ceased
Muniraju Ramachandrappa ceased to be Director.
AGM
Taaree Agritech Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge registered on 24 Sep 2020 via Charge ID 100392132 with Canara Bank was fully satisfied on 16 Nov 2021.
Charges
A charge with Canara Bank of Rs. 93.98 Lakh registered on 23 Jun 2020 with Charge ID 100345639 was modified on 15 Nov 2021.
Filing
Taaree Agritech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Charges
A charge with Canara Bank of Rs. 355.00 Lakh registered on 10 Mar 2020 with Charge ID 100335560 was modified on 15 Dec 2020.
Charges
A charge with Canara Bank amounted to Rs. 9.00 Lakh with Charge ID 100392132 was registered on 24 Sep 2020.
Charges
A charge with Canara Bank amounted to Rs. 93.98 Lakh with Charge ID 100345639 was registered on 23 Jun 2020.
Charges
A charge with Canara Bank amounted to Rs. 25.00 Lakh with Charge ID 100335434 was registered on 16 Apr 2020.
Charges
A charge with Canara Bank amounted to Rs. 355.00 Lakh with Charge ID 100335560 was registered on 10 Mar 2020.
Charges
A charge with Canara Bank amounted to Rs. 140.00 Lakh with Charge ID 100242513 was registered on 06 Aug 2018.
Appointed
Neelakanta Reddy was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Taaree Agritech is an active private limited company based in Bangalore, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 04 April 2018 (8+ years old) and is registered under CIN U15136KA2018PTC111894.
Taaree Agritech has 2 current directors:
- Shankarreddy Ashareddy - Director
- Neelakanta Reddy - Director
The latest financial statements of Taaree Agritech on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Taaree Agritech is 29AAGCT7038J1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Taaree Agritech is U15136KA2018PTC111894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Taaree Agritech has 8 court cases on record: 2 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Taaree Agritech was incorporated on 04 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Taaree Agritech by revenue are Y.S. Foodies Private Limited, Shruti Snacks Private Limited, Gold Mohar Products Private Limited, Jam Foods and Beverages Private Limited, Tongue & Taste Foods Limited, all in the Food and Beverages industry (Agritech, Instant Foods), with the same principal business activity (food, beverages and tobacco products).
Muniraju Ramachandrappa ceased to be Director on 26 Jul 2022. Neelakanta Reddy was appointed as Director on 04 Apr 2018. Shankarreddy Ashareddy was appointed as Director on 04 Apr 2018.
Yes, Taaree Agritech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-12-0000375).
Taaree Agritech can be reached through the website taareeagritech.com. Its registered office is in Bangalore, Karnataka, India.