About Vichi Agro Products Private Limited
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Vichi Agro Products Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 16 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2006PTC165591. Its GSTIN is 27AACCV3424A1ZT (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹32.11 Lakh. It is led by directors Rajendra Tokershi Shah and Viraj Rajendra Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First Floor A – 355 Ttc Industrial Area MIDC Mahape Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2025, the company reported a revenue of ₹188.16 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹64.04 Lakh (net margin 0.3%) and EBITDA of ₹5.25 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vichi Agro Products. As per MCA filings, the company has open charges of ₹42.39 Cr and satisfied charges of ₹74.35 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 4 cases are pending. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹7.38 Cr; the latest was in March 2024. Its 6 peer companies in the Agriculture industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 4 smaller; the largest is Annu Agrotech Private Limited with revenue of ₹190.32 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vichiagro.com.
Company details
Contact details
Vichi Agro Products Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is vichiagro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFirst Floor A – 355 Ttc Industrial Area MIDC Mahape Navi Mumbai, Maharashtra, India – 400710
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Vichi Agro Products 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
Vichi Agro Products operates one associated brand: Vichi Agro Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Agro product manufacturing and agriculture services are handled by the company. | vichiagro.com |
Business activity
The main business activity of Vichi Agro Products 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 Vichi Agro Products Private Limited, buy the company report.
Financials of Vichi Agro Products Private Limited
FY 2025 filings availableVichi Agro Products Private Limited reported revenue of ₹188.16 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.25 Cr | ||||
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| Net Profit (PAT) | ₹64.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Vichi Agro Products Private Limited, buy the company report.
Board of directors of Vichi Agro Products Private Limited
Vichi Agro Products has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Tokershi Shah | Director | 16 Nov 2006 | 19 Years 11 Months | Current |
| Viraj Rajendra Shah Also directs: Flamingo Auto Industries Private Limited, Vichi Food Products LLP | Director | 09 Jun 2015 | 11 Years 4 Months | Current |
Peer comparison
Vichi Agro Products Private Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Annu Agrotech Private Limited | ₹190.32 Cr (FY 2025) | -21.0% | Baran, Rajasthan, India | |||
| San Beverages Private Limited | ₹190.19 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Vichi Agro Products Private Limitedthis company | ₹188.16 Cr (FY 2025) | ₹64.04 Lakh | 0.3% | -3.0% | 7 | Navi Mumbai, Maharashtra, India |
| Shreenath Multitrade Private Limited | ₹188.07 Cr (FY 2025) | 11.0% | Indore, Madhya Pradesh, India | |||
| Kohli and Sons Beverages Private Limited | ₹188.05 Cr (FY 2025) | 28.0% | Gurgaon, Haryana, India | |||
| Shivay Edibles Private Limited | ₹187.7 Cr (FY 2025) | 90.0% | Delhi, India | |||
| All India Hing Supplying Private Limited | ₹187.59 Cr (FY 2025) | 1.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Vichi Agro Products Private Limited, buy the company report.
Auditor
Vichi Agro Products Private Limited is audited by K P B & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P B & Associates | FY 2022 | 114841W |
Shareholding
The shareholding of Vichi Agro Products 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 Vichi Agro Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2021 | 100509069 | Bank of India | ₹3.52 Cr | Open | |
| 05 Jul 2021 | 100458582 | Bank of India | ₹3.87 Cr | Open | |
| 31 Jul 2020 | 100398396 | Bank of India | ₹35 Cr | Open | |
| 23 Aug 2016 | 100062159 | Others | ₹23 Cr | Satisfied | |
| 28 Oct 2013 | 10459119 | Icici Bank Limited | ₹6.5 Cr | Satisfied |
To see the full charge records of Vichi Agro Products Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Vichi Agro Products Private Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹7.38 Cr; the latest was in March 2024.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: an individual |
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Hitendra T Shah Huf, 3 individuals |
| Mar 2013 | Funding round | ₹3.5 Cr | Investors: 4 individuals |
| Mar 2009 | Funding round | ₹35 Lakh | Investors: Hitendra T Shah Huf, Sharad T Shah Huf, 2 individuals |
To see the full deal history of Vichi Agro Products 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
Vichi Agro Products Private Limited has 9 court cases on record: 6 filed by Vichi Agro Products, 3 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Sai Siddhi Hospitality Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Sai Siddhi Hospitality Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Shri Sankalpa Hospitality Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Bhupen Navinchandra Momaya Proprietor Aagam Enterprises | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company | Pending |
To see the full case history of Vichi Agro Products 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
Vichi Agro Products Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Vichi Agro Products Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vichi Agro Products Private Limited has a workforce of 7 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.
GST
Vichi Agro Products has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV3424A1ZT | Maharashtra | Active | 01 Jul 2017 |
| 24AACCV3424A1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vichi Agro Products Private Limited, buy the company report.
Recent activity
Vichi Agro Products Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Vimalbhai Mansukhlal Zalavadiya ceased to be Director on 13 Nov 2018.
21 earlier events are in the company report.
Frequently asked questions
Vichi Agro Products is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 16 November 2006 (20+ years old) and is registered under CIN U51101MH2006PTC165591.
Vichi Agro Products has 2 current directors:
- Rajendra Tokershi Shah - Director
- Viraj Rajendra Shah - Director
The latest financial statements of Vichi Agro Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vichi Agro Products is 27AACCV3424A1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AACCV3424A1ZZ (Gujarat).
The CIN (Corporate Identification Number) of Vichi Agro Products is U51101MH2006PTC165591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vichi Agro Products has 9 court cases on record: 6 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.
Vichi Agro Products was incorporated on 16 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Vichi Agro Products has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹7.38 Cr; the latest was in March 2024.
The peers of Vichi Agro Products by revenue are Annu Agrotech Private Limited, San Beverages Private Limited, Shreenath Multitrade Private Limited, Kohli and Sons Beverages Private Limited, Shivay Edibles Private Limited and 1 more, all in the Agriculture industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Vimalbhai Mansukhlal Zalavadiya ceased to be Director on 13 Nov 2018. Chirag Hitendra Shah ceased to be Director on 05 Apr 2016. Viraj Rajendra Shah was appointed as Director on 09 Jun 2015. Vichi Agro Products has 5 board changes on record in total.
Vichi Agro Products has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 May 2019.
Vichi Agro Products can be reached through the website vichiagro.com. Its registered office is in Navi Mumbai, Maharashtra, India.
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