About Zain Fresh Agro Limited
Data last updated:
Zain Fresh Agro Limited was a public limited company based in Khopoli, Maharashtra, India, operated as a subsidiary of Sonal Impex Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the horticulture and produce segment of the agriculture sector. It was incorporated on 09 June 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U01403MH2010PLC203959. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Manish Surendrakumar Nanda and Nitin Krishnaji Rane.
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 was at Plot No. 28/1A Takai – Adoshi Road At Po Khopoli Tal Khalapur Dist Raigad Dist Raigad., Maharashtra, India – 410203.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 99.8%) and EBITDA of -₹44,552 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 65% over five years.
As per MCA filings, the company had satisfied charges of ₹15.17 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
The last known website on record is zainfood.com.
Company details
Contact details
Zain Fresh Agro Limited's registered office is in Khopoli, Maharashtra. Its website is zainfood.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 28/1A Takai – Adoshi Road At Po Khopoli Tal Khalapur Dist Raigad Dist Raigad., Maharashtra, India – 410203
- IndustryAgriculture, Horticulture & Produce
To see the full contact details of Zain Fresh Agro 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
Financials of Zain Fresh Agro Limited
FY 2024 filings availableZain Fresh Agro Limited reported revenue of ₹2.31 Cr (up 950% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 65% over five years, including 950% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.31 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹44,552 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.31 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | 99.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Zain Fresh Agro Limited, buy the company report.
Board of directors of Zain Fresh Agro Limited
Zain Fresh Agro has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Surendrakumar Nanda | Director | 22 Aug 2019 | 7 Years 2 Months | As last reported |
| Nitin Krishnaji Rane | Director | 27 Jul 2015 | 11 Years 3 Months | As last reported |
| Sandeep Mohanlal Arora | Director | 09 Jun 2010 | 16 Years 4 Months | As last reported |
Auditor
Zain Fresh Agro Limited is audited by HAZIYANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HAZIYANI & ASSOCIATES | FY 2023 | 030087C |
Shareholding
The shareholding of Zain Fresh Agro 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 Zain Fresh Agro Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2011 | 10296894 | State Bank of India | ₹5.82 Cr | Satisfied | |
| 07 Feb 2011 | 10268359 | State Bank of India | ₹9.35 Cr | Satisfied |
To see the full charge records of Zain Fresh Agro Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Zain Fresh Agro Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Itc Limited | Disposed |
| Bombay High Court | Court case (COMEX) | Filed against the company | Disposed |
| District court, Raigad, Maharashtra | Execution petition | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Proflex Systems | Disposed |
| District court, Thane, Maharashtra | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Zain Fresh Agro 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 Zain Fresh Agro Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zain Fresh Agro has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Zain Fresh Agro Limited, buy the company report.
Recent activity
Zain Fresh Agro Limited has 11 board changes on record since 2010: 3 appointments and 8 cessations. The latest: Manish Surendrakumar Nanda ceased to be Additional Director on 30 Sep 2019.
7 earlier events are in the company report.
Frequently asked questions
Zain Fresh Agro has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Zain Fresh Agro was a public limited company based in Khopoli, Maharashtra, India. The company worked in horticulture and produce, within the agriculture industry. It was incorporated on 09 June 2010 and is registered under CIN U01403MH2010PLC203959. The company has been struck off by the Registrar of Companies and is no longer operational.
Zain Fresh Agro had 3 directors:
- Manish Surendrakumar Nanda - Director
- Nitin Krishnaji Rane - Director
- Sandeep Mohanlal Arora - Director
The CIN (Corporate Identification Number) of Zain Fresh Agro is U01403MH2010PLC203959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Zain Fresh Agro is at Plot No. 281A Takai – Adoshi Road At Po Khopoli Tal Khalapur Dist Raigad Dist Raigad., Maharashtra, India – 410203.
Zain Fresh Agro was incorporated on 09 June 2010. It is registered with the Registrar of Companies, Mumbai.
Zain Fresh Agro can be reached through the website zainfood.com. Its registered office is in Khopoli, Maharashtra, India.
The latest financial statements of Zain Fresh Agro 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.
No. Zain Fresh Agro has 2 GST registrations on record and all of them are cancelled or inactive.
Zain Fresh Agro operated in the agriculture industry, in the horticulture and produce segment. It worked in this industry before it was struck off.
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