- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0021355

Utsav Agritech Private Limited
About Utsav Agritech Private Limited
Data last updated:
Utsav Agritech Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 15 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01403MP2013PTC030517. Its GSTIN is 23AABCU5740M2Z6 (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹92 Lakh and a paid-up capital of ₹91.5 Lakh. It is led by directors Mohit Patel and Pankaj Choudhary.
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 Godown No 1 Survey No.296/2/1 Gram Badia Ambamoliya Road, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2021, the company reported a revenue of ₹8.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹97,492 (net margin -0.1%) and EBITDA of ₹67.37 Lakh (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹9.87 Cr and satisfied charges of ₹4.75 Cr on record.
Utsav Agritech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0021355). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Utsav Agritech
Contact details
Utsav Agritech Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressGodown No 1 Survey No.296/2/1 Gram Badia Ambamoliya Road, Indore, Madhya Pradesh, India – 452016
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Utsav Agritech 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 Utsav Agritech 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 Utsav Agritech Private Limited, buy the company report.
Financials of Utsav Agritech Private Limited
FY 2021 filings availableUtsav Agritech Private Limited reported revenue of ₹8.88 Cr (up 525% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 525% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 250% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8.88 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹67.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹97,492 | ||||
| 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 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | -0.1% | ||||
| 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 Utsav Agritech Private Limited, buy the company report.
Board of directors of Utsav Agritech Private Limited
Utsav Agritech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Patel Also directs: Patel Infracon Private Limited | Director | 15 Apr 2013 | 13 Years 6 Months | Current |
| Pankaj Choudhary | Director | 19 Apr 2013 | 13 Years 6 Months | Current |
Auditor
Utsav Agritech Private Limited is audited by VIJAY K JAIN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY K JAIN & ASSOCIATES | FY 2021 | 006719C |
Shareholding
The shareholding of Utsav Agritech Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Utsav Agritech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2021 | 100504094 | Karnataka Bank Ltd. | ₹89.2 Lakh | Open | |
| 21 Sep 2020 | 100382051 | Karnataka Bank Ltd. | ₹13.89 Lakh | Open | |
| 02 Feb 2016 | 10624298 | Karnataka Bank Ltd. | ₹8.84 Cr | Open | |
| 28 Dec 2015 | 10610353 | Madhya Pradesh Financial Corporation | ₹1.5 Cr | Satisfied | |
| 23 Oct 2013 | 10458025 | Bank of India | ₹3.25 Cr | Satisfied |
To see the full charge records of Utsav Agritech Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Utsav Agritech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Utsav Agritech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Utsav Agritech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCU5740M2Z6 | Madhya Pradesh | Active | 24 Aug 2018 |
To see the full GST registrations and return filing status of Utsav Agritech Private Limited, buy the company report.
Recent activity
Utsav Agritech Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Suresh Patel ceased to be Director on 06 Jun 2016.
3 earlier events are in the company report.
Frequently asked questions
Utsav Agritech is an active private limited company based in Indore, Madhya Pradesh, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 15 April 2013 (13+ years old) and is registered under CIN U01403MP2013PTC030517.
Utsav Agritech has 2 current directors:
- Mohit Patel - Director
- Pankaj Choudhary - Director
The latest financial statements of Utsav 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 2015 are in the company report.
The GSTIN of Utsav Agritech is 23AABCU5740M2Z6, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Utsav Agritech is U01403MP2013PTC030517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utsav Agritech was incorporated on 15 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Gwalior.
Suresh Patel ceased to be Director on 06 Jun 2016. Pankaj Choudhary was appointed as Director on 19 Apr 2013. Mohit Patel was appointed as Director on 15 Apr 2013. Utsav Agritech has 4 board changes on record in total.
Yes, Utsav Agritech is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0021355).
The registered office of Utsav Agritech is at Godown No 1 Survey No.29621 Gram Badia Ambamoliya Road, Indore, Madhya Pradesh, India – 452016.
Utsav Agritech operates in the agriculture industry, in the seed production and distribution segment.