Invade Agro Limited
- Unlisted share
- Chemicals & Materials
- ISIN INE0VWW01014
At a glance
Sales
FY25
₹597 Cr
What the company earned from its customers in the year.
Profit
FY25
₹0.95 Cr
+400%on FY24What was left after every cost and tax was paid.
Market valuecalculated
₹335 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY25
₹29.75 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Invade Agro Limited
- ISIN
- INE0VWW01014
- Sector
- Chemicals & Materials
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹81.18
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Invade Agro Limited
Invade Agro Limited is a Thane-registered trading company in agricultural and food products that presents itself as the Indian arm of the 'IAG' or Invade Agro group, which markets seeds, crop nutrition and crop protection inputs in India and parts of Africa. It began as Invade Agro LLP in May 2022 and became a public limited company in March 2024; its promoters are Invade Grow Limited and managing director Meenal Shrirang Patwardhan, who together held about 21% in June 2025, the rest being held by public shareholders. It has bought into the small BSE-listed Chambal Breweries and Distilleries, which now plans to merge into it.
Written from: sebi.gov.in, bseindia.com, invadeagro.com
Listing status. Unlisted. On 7 July 2026 the board of BSE-listed Chambal Breweries and Distilleries approved a draft scheme to amalgamate that company into Invade Agro, with 5 Invade Agro shares to be issued for every 2 Chambal shares; the scheme needs stock exchange, shareholder, creditor and NCLT approval. BSE filing by Chambal Breweries and Distilleries Limited, board meeting outcome of 7 July 2026
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Chemicals & Materials
- ISIN
- INE0VWW01014
- Year of incorporation
- 2024
- Registered office
- Thane, Maharashtra (Centrum Business Square, Wagle Industrial Estate)
- Promoters
- Invade Grow Limited (19.44%) and Meenal Shrirang Patwardhan (1.49%); public shareholders 79.07%
- SEBI: letter of offer dated 4 September 2025 for Chambal Breweries and Distilleries Limited (acquirer Invade Agro Limited)
- Key people
- Managing Director: Meenal Shrirang Patwardhan
- Face value
- ₹10
- Shares outstanding
- 4,12,09,544 shares
- SEBI: letter of offer dated 4 September 2025 for Chambal Breweries and Distilleries Limited (acquirer Invade Agro Limited)
- CIN
- U47214MH2024PLC421550
- Website
- invadeagro.com
Read from: SEBI: draft letter of offer for Chambal Breweries and Distilleries Limited (acquirer Invade Agro Limited), June 2025, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to book (P/B)calculated
11.25×
At this price you pay ₹11.25 for every ₹1 of net worth on the company's books.
Profit margincalculated
0.2%
Out of every ₹100 of sales, ₹0.2 was left as profit.
Return on equitycalculated
3.2%
For every ₹100 of the owners' money, the company made ₹3.2 of profit in the year.
Debt to equitycalculated
0.39×
The company has borrowed ₹0.39 for every ₹1 of its owners' money.
- Indicative price
- ₹81.18
- Market valuecalculated
- ₹335 Cr
- price × shares
- No. of shares
- 4,12,09,544
- Book value per share
- ₹7.22
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2024-25. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Invade Agro Limited (converted from Invade Agro LLP). As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY24 to FY25: ₹0 Cr to ₹597 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY25: ₹-0.25 Cr to ₹0.95 Cr.
| Particulars | FY23 | FY24 | FY25Latest |
|---|---|---|---|
| Income from operations (nil; period 16 to 31 March 2024, after conversion from LLP) | n/a | 0 | 597.3 |
| Other income | n/a | n/a | 1.01 |
| Total income (other income only; Invade Agro LLP, 27 May 2022 to 31 March 2023) | 0.02 | 0 | 598.31 |
| Depreciation (period 16 to 31 March 2024) | n/a | 0 | 0.07 |
| Finance cost (period 16 to 31 March 2024) | n/a | 0.04 | 0.01▼75% |
| Loss before tax (period 16 to 31 March 2024) | n/a | -0.08 | 1.5▲1975% |
| Loss for the period (Invade Agro LLP, 27 May 2022 to 31 March 2023) | -0.25 | 0.19 | 0.95▲400% |
Rupees crore unless marked, standalone, standalone (as an LLP). The change shown is the latest year against the year before. Read from: SEBI: draft letter of offer for Chambal Breweries and Distilleries Limited (acquirer Invade Agro Limited), June 2025, SEBI: letter of offer dated 4 September 2025 for Chambal Breweries and Distilleries Limited (acquirer Invade Agro Limited).
Ownership
Shareholding pattern
Who owns the company
As of 3 September 2025
79.1%Public shareholders
- Largest holder
- 79.1%
- Top 3 together
- 100.0%
- Holders named
- 3
- Public shareholders79.07%
- Promoter: Invade Grow Limited19.44%
- Promoter: Meenal Shrirang Patwardhan1.49%
- Total100.00%
Leadership
Management
Meenal Shrirang Patwardhan
Managing Director
Amey Sanjay Nimkar
Director
Kumar Mahadeorao Masram
Director
Trevor Valentine Dsouza
Director
KM Chotalia
Executive Director & Chairman (of the IAG group, as described on the group website)
Read from: SEBI: letter of offer dated 4 September 2025 for Chambal Breweries and Distilleries Limited (acquirer Invade Agro Limited), IAG Global website, decision makers page
Corporate calendar
Events
- 4 Sept 2026MergerChambal's annual report says the application for the stock exchange's no-objection to the merger scheme has been filed and is under processOpen
- 7 Jul 2026MergerChambal Breweries' board approved a draft scheme to merge into Invade Agro at 5 Invade Agro shares for every 2 Chambal shares; Invade Agro then held 22.93% of ChambalOpen
- 4 Sept 2025Open offerFinal letter of offer issued for the open offer for 26% of Chambal Breweries at ₹6 a shareOpen
- 13 Jun 2025Open offerDraft letter of offer filed with SEBI for Invade Agro's open offer to buy up to 26% of Chambal Breweries at ₹6 a shareOpen
- 30 May 2025AcquisitionAgreement signed to buy 12,03,839 shares (16.08%) of Chambal Breweries and Distilleries, triggering the open offerOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
- FY2025-26Chambal Breweries and Distilleries 41st annual report FY2025-26 (describes the Invade Agro open offer and merger scheme)
- FY2024-25Letter of offer dated 4 September 2025: open offer for Chambal Breweries and Distilleries by Invade Agro Limited (includes the acquirer's audited figures for FY2022-23 to FY2024-25)
- 2026-07Chambal Breweries and Distilleries: outcome of board meeting of 7 July 2026, with the scheme of amalgamation into Invade Agro Limited
- 2025-10Post-offer advertisement for the Chambal Breweries open offer (scanned newspaper page)
- 2025-06Draft letter of offer: open offer for Chambal Breweries and Distilleries Limited by Invade Agro Limited (includes the acquirer's audited figures to 31 March 2024)
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Invade Agro Limited on WhatsAppIs the price shown for Invade Agro Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Invade Agro Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Invade Agro Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Invade Agro Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.