Company Intelligence Profile
Arya Collateral Warehousing Services Private Limited
Arya Collateral Warehousing Services Pvt Ltd is one of India's earliest collateral-management companies (30+ years in the business per CRISIL's Aug-2024 rating rationale), operating as the warehousing/collateral-management arm of the Arya.ag agri-fintech group founded by Anand Chandra, Chattanathan Devarajan and Prasa…
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Arya Collateral Warehousing Services Private Limited |
|---|---|
| CIN | U51102MH1982PTC028030 |
| PAN | AAECA7694P |
| Status | Active |
| Listing | Unlisted / Private (Private Limited Company) — Tofler, TheCompanyCheck |
| Incorporated | 18 August 1982 |
| ROC | RoC Mumbai |
| Sector (NIC) |
|
| Registered address | C Wing, Office No. 301, Kailas Business Park, Veer Savarkar Marg, Parksite, Vikhroli West, Mumbai, Maharashtra, India – 400079 |
| Authorized capital | Reported as ₹65.2 Cr vs ₹66.2 Cr — minor source conflict, both in the same ~₹65-66 Cr range. |
| Paid-up capital | Reported as ₹5.9 Cr vs ₹7.16 Cr — source conflict, exact current figure not fully confirmed; likely reflects different as-of dates/data vintages. |
Business Overview
Confirmed- Arya Collateral Warehousing Services Pvt Ltd is one of India's earliest collateral-management companies (30+ years in the business per CRISIL's Aug-2024 rating rationale), operating as the warehousing/collateral-management arm of the Arya.ag agri-fintech group founded by Anand Chandra, Chattanathan Devarajan and Prasanna Rao (all three appear as directors of this entity)
- It provides post-harvest agricultural supply-chain services: warehousing, warehouse receipt financing, collateral management for banks/FIs financing against agri-commodity stock, rural storage discovery, and market linkages, operating a large multi-state network of warehouses
- Warehousing/collateral management contributes an estimated 85-95% of the group's topline per CRISIL
- Sources: CRISIL rating rationale (Aug 2024), Tofler, aryacma.co.in (site content largely JS-rendered, not independently confirmable via fetch), general web descriptions of Arya.ag
Directors
Confirmed8 directors identified (DINs per Tofler, cross-checked against TheCompanyCheck which listed 7 of the same 8 names, differing on 1):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Margapuri Prasanna Rao | 06434471 | Managing Director | - |
| Anand Chandra | 06432566 | Whole-time Director | - |
| Rajnish Kumar Khandelwal | 06469719 | Director | - |
| Chattanathan Devarajan | 08493694 | Director | - |
| Varun Malhotra | 09023071 | Nominee Director | - |
| Christian Banno | 02713755 | Nominee Director | - |
| Samir Rajendra Abhyankar | 10081649 | Nominee Director | - |
| Jinesh Bharat Shah | 02451780 | Nominee Director | - |
GST
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAECA7694P1ZT | Maharashtra | AAECA7694P (Tofler; consistent with first 10 characters of GSTIN 27AAECA7694P1ZT) | Active |
Primary GSTIN (Maharashtra, HQ state): 27AAECA7694P1ZT — surfaced via web search snippet referencing the company's Mumbai registration; PAN prefix (AAECA7694P) matches the Tofler-reported PAN, which supports authenticity, but this GSTIN was not independently confirmed on a dedicated per-GSTIN lookup page (knowyourgst/ClearTax GSTIN endpoints did not return data on this fetch attempt), so rated "partial" confidence. The company operates a multi-state warehouse network (reports describe 1,500+ warehouses across ~20 states), implying likely GST registrations in many states beyond Maharashtra, but the exact count of registrations was not obtained. Status: presumed active (company itself is Active/operating with recent CRISIL 2024 rating and FY24 financials), not directly verified via GSTN portal.
Financials
Partial / conflictingPrimary reliable source: CRISIL Ratings rationale dated 5 August 2024 (entity-specific, not group-consolidated):
- FY2024 (year ended 31-Mar-2024) operating income: ₹230.80 Cr, up from ₹213 Cr in FY23
- FY2024 PAT: ₹6.75 Cr (PAT margin ~2.92%)
- Networth: ₹470-480 Cr (as stated in the rating rationale; this appears large relative to revenue/paid-up capital and may reflect accumulated reserves/warehouse-receipt-linked balance sheet items — flagged as unusually high, not independently cross-verified)
- Adjusted gearing (debt/networth): ~0.04x (very low); interest coverage ~3.72x; current ratio ~1.89x
- CRISIL notes "operating profitability has remained volatile, ranging from 3% to 5%" historically
CONFLICT FLAG: TheCompanyCheck separately shows "FY2025 revenue ₹450.78 Cr, up 28% YoY" — this figure and growth rate match almost exactly what Inc42/Business-Standard report for the broader "Arya.ag" group (₹450.8 Cr FY25 vs ₹352.5 Cr FY24, +27.9%), suggesting TheCompanyCheck may be misattributing group-consolidated Arya.ag revenue to this specific standalone legal entity (a known entity-confusion risk per prior research). The CRISIL FY24 figure (₹230.80 Cr) is treated as the more reliable, entity-specific number; the FY25 ₹450.78 Cr figure should be treated with caution and NOT presented as confirmed standalone revenue for this CIN. Standalone vs consolidated basis: CRISIL rationale appears to assess the standalone entity (with references to "the group's" multi-decade history, common in CRISIL business-risk narrative, not necessarily meaning consolidated financials).
Funding
Partial / conflicting- No confirmed direct equity funding round found specifically for Arya Collateral Warehousing Services Private Limited as a standalone CIN
- Public funding-round coverage (e.g., "$30M round Jan 2025," "$80.58M from GEF Capital Partners," "Pre-Series D $29M led by Blue Earth Capital Jul 2023," cumulative "$112M-$168M across 12-13 rounds") is reported against the "Arya.ag" brand/group, whose exact legal fundraising entity (likely a separate holding company, possibly overseas) was not identified in available sources
- One search snippet stated "Arya Collateral Warehousing Services Private Limited raised INR 7.25 billion in Series D led by GEF Capital Partners" but this rupee figure (~$87M) closely mirrors the GEF Capital Partners headline figure reported elsewhere for the Arya.ag group, so it is very likely the same group-level round being mis-attributed to this specific CIN rather than a distinct raise by this entity
- Treat all funding figures as group-level, NOT confirmed for this specific legal entity
Charges
ConfirmedOpen charges reported:
- TheCompanyCheck: total open charges ₹228.56 Cr (₹65.4 Cr separately shown as satisfied). Lender breakdown: HDFC Bank ₹50 Cr, State Bank of India ₹28 Cr, YES Bank ₹7 Cr, Others ₹143.56 Cr.
- Tofler: total borrowings ₹1,008.4 Cr as of March 2025, across lenders including ESAF Small Finance Bank, HDFC Bank, Shivalik Small Finance Bank, State Bank of India, Bandhan Bank, and others.
- CRISIL (Aug 2024) rates only ₹20 Cr of specific cash-credit facilities (YES Bank ₹6 Cr, DCB Bank ₹10 Cr existing + ₹4 Cr proposed) — a narrower rated-facility subset, consistent with the company holding many more unrated facilities/lines.
The large gap between ₹228.56 Cr and ₹1,008.4 Cr likely reflects different data types (registered charges vs total balance-sheet debt including working-capital/unsecured lines) rather than a true conflict — flagged for reader awareness, not reconciled.
Credit Ratings
Confirmed- CRISIL Ratings: "CRISIL BBB-/Stable" reaffirmed on long-term bank facilities, rating rationale dated 5 August 2024 (facilities: ₹16 Cr existing + ₹4 Cr proposed cash credit = ₹20 Cr total; lenders YES Bank ₹6 Cr, DCB Bank ₹10 Cr per that specific rationale)
- Rating history: outlook revised to "Positive" from "Stable" in the Oct-2022 rationale (rating level CRISIL BBB- maintained); an earlier rationale exists dated Sep-2020
- This is confirmed as entity-specific (rationale filed under this company's exact name) — no ICRA or CARE rating found for this entity in available sources
Legal
ConfirmedIndian Kanoon search surfaced ~16 documents referencing this entity as a litigant, including:
- Indusind Bank Limited vs Arya Collateral Warehousing Services (Bombay HC, Jan 2024, two orders)
- Ramani Warehouse vs Arya Collateral Warehousing Services (Bombay HC, Oct/Nov 2021)
- Arya Collateral Warehousing Services vs Ganesh Consumer Products Limited (Calcutta HC, Aug 2025, three orders)
- GDDS Kashyap Pvt. Ltd vs Arya Collateral Warehousing Services (Calcutta HC Appellate Side, Dec 2019/2020)
- Anand Chandra vs State Of Gujarat (Gujarat HC, Jan 2024) — references the company as related party/context
These appear to be routine commercial/civil disputes (warehousing/banking-facility related); no criminal or regulatory-enforcement matter identified. Case outcomes/merits not individually verified beyond case existence and parties.
Competitors
Partial / conflictingFrequently Asked Questions
What does Arya Collateral Warehousing Services Private Limited do?
What is the CIN of Arya Collateral Warehousing Services Private Limited?
Where is Arya Collateral Warehousing Services Private Limited registered?
When was Arya Collateral Warehousing Services Private Limited incorporated?
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