About Tripurari Agro Private Limited
Data last updated:
Tripurari Agro Private Limited is a private limited company based in Ludhiana, Punjab, 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 staple foods and grains segment of the food and beverages sector. It was incorporated on 24 May 2013.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15400PB2013PTC037538. Its GSTIN is 03AAECT6639D2ZH (Punjab). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.94 Cr. It is led by directors Balvinder Kumar and Suraj Parkash Sharma.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 2937 Ground Floor Ganesh Nagar Link Road Industrial Area – A, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2017, the company reported a revenue of ₹93.78 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹72.69 Lakh (net margin 0.8%) and EBITDA of ₹3.73 Cr (EBITDA margin 4%).
As per MCA filings, the company has open charges of ₹53.61 Cr and satisfied charges of ₹37.35 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it. The company has 4 deals on record (2 rights issues, 2 funding rounds), with disclosed funding of ₹6.1 Cr; the latest was in December 2017.
The last known website on record is taindia.net.
Company details
Contact details
Tripurari Agro Private Limited's registered office is in Ludhiana, Punjab. Its website is taindia.net. Its e-mail address is in the company report.
- Email
- Website
- Registered Address2937 Ground Floor Ganesh Nagar Link Road Industrial Area – A, Ludhiana, Punjab, India – 141008
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Tripurari 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 Tripurari Agro 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 Tripurari Agro Private Limited, buy the company report.
Financials of Tripurari Agro Private Limited
FY 2017 filings availableTripurari Agro Private Limited reported revenue of ₹93.78 Cr (up 189% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 189% in the latest year. EBITDA fell 10% 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 | ₹93.78 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.73 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹72.69 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4% | ||
| Net Profit Margin | 0.8% | ||
| 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 Tripurari Agro Private Limited, buy the company report.
Board of directors of Tripurari Agro Private Limited
Tripurari Agro has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balvinder Kumar Also directs: Tripurari Garments Private Limited | Director | 17 Aug 2015 | 11 Years 2 Months | As last reported |
| Suraj Parkash Sharma | Director | 24 May 2013 | 13 Years 5 Months | As last reported |
Auditor
Tripurari Agro Private Limited is audited by LUTHRA JASDEEP & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LUTHRA JASDEEP & CO | FY 2017 | 027490N |
Shareholding
The shareholding of Tripurari Agro Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tripurari Agro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2017 | 100141598 | Others | ₹1 Cr | Open | |
| 31 Oct 2017 | 100135021 | Others | ₹25 Cr | Open | |
| 29 Nov 2016 | 100065138 | Others | ₹27.61 Cr | Open | |
| 31 Dec 2015 | 10617182 | Punjab National Bank | ₹20 Cr | Satisfied | |
| 09 Dec 2014 | 10541231 | State Bank of Patiala | ₹7.5 Cr | Satisfied |
To see the full charge records of Tripurari Agro Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Tripurari Agro Private Limited has 4 deals on record (2 rights issues, 2 funding rounds), with disclosed funding of ₹6.1 Cr; the latest was in December 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Funding round | ₹4.5 Cr | Investors: 4 individuals |
| Nov 2016 | Rights issue | ₹5.5 Cr | Investors: 4 individuals |
| Feb 2015 | Rights issue | ₹1.33 Cr | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹1.6 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tripurari Agro Private Limited has 9 court cases on record: 3 filed by Tripurari Agro, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Vakratund Impex Private Limited | Disposed |
| District court, North, Delhi | Execution petition | Filed against the company by Girish Bansal Prop Ms Madras Canvas Co | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Assistant Commissioner of Income Tax & Another and 1 other | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Punjab National Bank and Anr and 1 other | Disposed |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by an individual | Disposed |
To see the full case history of Tripurari 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.
Credit ratings & regulatory alerts
Tripurari Agro Private Limited was last rated by Crisil on 18 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Sep 2020 |
To see the full credit ratings and regulatory alerts of Tripurari Agro Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tripurari Agro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tripurari Agro has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECT6639D2ZH | Punjab | Active | 16 Jul 2020 |
To see the full GST registrations and return filing status of Tripurari Agro Private Limited, buy the company report.
Recent activity
Tripurari Agro Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Balvinder Kumar ceased to be Additional Director on 30 Sep 2015.
5 earlier events are in the company report.
Frequently asked questions
Tripurari Agro 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.
Tripurari Agro is a company under liquidation, formerly operating as a private limited company based in Ludhiana, Punjab, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 24 May 2013 and is registered under CIN U15400PB2013PTC037538. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Tripurari Agro has 2 current directors:
- Balvinder Kumar - Director
- Suraj Parkash Sharma - Director
The latest financial statements of Tripurari Agro on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Tripurari Agro is U15400PB2013PTC037538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tripurari Agro has open charges of ₹53.61 Cr and satisfied charges of ₹37.35 Cr as per latest MCA filings.
Tripurari Agro has 9 court cases on record: 3 filed by the company and 6 filed against it. Most are in the district courts.
Tripurari Agro was incorporated on 24 May 2013. It is registered with the Registrar of Companies, Chandigarh.
Tripurari Agro has 4 deals on record (2 rights issues, 2 funding rounds), with disclosed funding of ₹6.1 Cr; the latest was in December 2017.
Balvinder Kumar ceased to be Additional Director on 30 Sep 2015. Harsh Sharma ceased to be Director on 14 Sep 2015. Balvinder Kumar was appointed as Director on 17 Aug 2015. Tripurari Agro has 4 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
