MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0167315
Avani Seeds Limited - agriculture in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹120.96 Cr
▲ 44% YoY
Net profit · FY 2023
₹15.12 Cr
Net margin 12.5%
EBITDA · FY 2023
₹21.02 Cr
EBITDA margin 17.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹27 Cr
Satisfied ₹56.89 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
53
Provident fund records
About Avani Seeds Limited
Data last updated:
Avani Seeds Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 17 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01100GJ1993PLC019477. Its GSTIN is 24AABCA5997L1Z8 (Gujarat). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Ashish Ambalal Patel (Managing Director) and Ambalal Mafatlal Patel.
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 307 Devarc Complex Iscon Cross Road Sarkhej – Gandhinagar Highway Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹120.96 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹15.12 Cr (net margin 12.5%) and EBITDA of ₹21.02 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 14% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avani Seeds. As per MCA filings, the company has open charges of ₹27 Cr and satisfied charges of ₹56.89 Cr on record. Court records list 27 cases involving the company, including 14 filed by the company and 13 filed against it; 14 cases are pending.
Avani Seeds Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0167315). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avaniseeds.com.
Company details
CIN U01100GJ1993PLC019477
Registration Number 019477
Incorporation Date 17 May 1993
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0167315
CIN history
Avani Seeds has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U01100GJ1993PLC019477, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100GJ1993PLC019477 | Current |
| U70100GJ1993PLC019477 | Previous |
| U03330GJ1993PLC019477 | Previous |
Key People
Ashish Ambalal Patel Managing Director Ambalal Mafatlal Patel Director Avaniben Alkeshbhai Patel Director Recognitions & Rankings of Avani Seeds
Contact details
Avani Seeds Limited's registered office is in Ahmedabad, Gujarat. Its website is avaniseeds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address307 Devarc Complex Iscon Cross Road Sarkhej – Gandhinagar Highway Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Avani Seeds Limited, buy the company report.
Comprehensive company report
Avani Seeds Limited - one report that includes everything
- 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
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Brands
Avani Seeds operates one associated brand: Avani Seeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hybrid, open pollinated, and selective varietal seeds of various crops | avaniseeds.com |
Financials of Avani Seeds Limited
FY 2025 filings availableAvani Seeds Limited reported revenue of ₹120.96 Cr (up 44% YoY) for FY 2023.
Revenue · FY 2023
₹120.96 Cr ▲ 44%
Net profit · FY 2023
₹15.12 Cr margin 12.5%
EBITDA · FY 2023
₹21.02 Cr margin 17.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 11%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 20%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 44% growth in the latest year. EBITDA rose 61% 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 | ₹120.96 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.12 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 | 17.4% | ||||
| Net Profit Margin | 12.5% | ||||
| 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 Avani Seeds Limited, buy the company report.
Board of directors of Avani Seeds Limited
Avani Seeds has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ambalal Mafatlal Patel Also directs: Uma Space LLP | Director | 17 May 1993 | 33 Years 5 Months | Current |
| Avaniben Alkeshbhai Patel | Director | 01 Jul 2023 | 3 Years 4 Months | Current |
| Mauly Ashishkumar Patel | Director | 01 Nov 2013 | 13 Years 0 Months | Current |
| Ashish Ambalal Patel Also directs: Uma Space LLP | Managing Director | 27 Aug 2004 | 22 Years 2 Months | Current |
| Jyotiben Ambalal Patel | Director | 14 Aug 1995 | 31 Years 2 Months | Current |
| Gautam Mohanlal Thakkar | Director | 13 Mar 2025 | 1 Years 7 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Avani Seeds Limited is audited by B. K. PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. K. PATEL & CO. | FY 2023 | 112647W |
Shareholding
The shareholding of Avani Seeds 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 Avani Seeds Limited, buy the company report.
Charges & borrowings
Open charges
₹27 Cr
Satisfied charges
₹56.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2022 | 100579504 | Hdfc Bank Limited | ₹27 Cr | Open | |
| 03 Jun 2023 | 100727128 | Others | ₹9.5 Cr | Satisfied | |
| 09 Mar 2022 | 100553580 | Others | ₹5 Cr | Satisfied | |
| 08 Nov 2017 | 100140476 | Yes Bank Limited | ₹4.14 Cr | Satisfied | |
| 12 Apr 2014 | 10501709 | The Mehsana Urban Co.-Operative Bank Limited | ₹42 Lakh | Satisfied |
To see the full charge records of Avani Seeds Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Avani Seeds Limited has 27 court cases on record: 14 filed by Avani Seeds, 13 filed against it. 14 cases are pending and 13 are disposed.
Total cases
27
Filed by the company
14
Filed against the company
13
Pending
14
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 13 | 8 |
| High courts | 10 | 0 | 6 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tonk, Rajasthan | Criminal case | Filed against the company by State of Rajasthan | Pending |
| High Court, GUJARAT | Court case (CR.MA) | Filed by the company against State of Gujarat and 1 other | Pending |
| High Court | Criminal miscellaneous application | Filed by the company against State of Rajasthan | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
| High Court | Court case (RSTAY) | Filed by the company against State of Rajasthan | Pending |
To see the full case history of Avani Seeds 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 Avani Seeds Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avani Seeds Limited has a workforce of 53 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
53
Active EPFO establishments
1
Employee growth
-5.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 53 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 | |
| FY 2013-14 | |
| FY 2012-13 |
To see the full employee and EPFO history of Avani Seeds Limited, buy the company report.
GST
Avani Seeds has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA5997L1Z8 | Gujarat | Active | 01 Jul 2017 |
| 08AABCA5997L1Z2 | Rajasthan | Active | 01 Jul 2017 |
| 23AABCA5997L1ZA | Madhya Pradesh | Active | 01 Jul 2017 |
| 36AABCA5997L1Z3 | Telangana | Active | 11 Nov 2019 |
To see the full GST registrations and return filing status of Avani Seeds Limited, buy the company report.
Recent activity
Avani Seeds Limited has 13 board changes on record since 1993: 7 appointments and 6 cessations. The latest: Gautam Mohanlal Thakkar ceased to be Additional Director on 27 Mar 2025.
AGM
Avani Seeds Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avani Seeds Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Gautam Mohanlal Thakkar ceased to be Additional Director.
Ceased
Manilal Bhudarbhai Patel ceased to be Additional Director.
Appointed
Gautam Mohanlal Thakkar was appointed as Director.
Appointed
Manilal Bhudarbhai Patel was appointed as Director.
Ceased
Avaniben Alkeshbhai Patel ceased to be Additional Director.
Charges
A charge registered on 03 Jun 2023 via Charge ID 100727128 with Others was fully satisfied on 13 Jul 2023.
Appointed
Avaniben Alkeshbhai Patel was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 27.00 Cr registered on 23 May 2022 with Charge ID 100579504 was modified on 08 Jun 2023.
Charges
A charge with Others amounted to Rs. 9.50 Cr with Charge ID 100727128 was registered on 03 Jun 2023.
Charges
A charge registered on 09 Mar 2022 via Charge ID 100553580 with Others was fully satisfied on 29 Jun 2022.
40 earlier events are in the company report.
Frequently asked questions
Avani Seeds is an active public limited company based in Ahmedabad, Gujarat, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 17 May 1993 (33+ years old) and is registered under CIN U01100GJ1993PLC019477.
Avani Seeds has 7 current directors:
- Ashish Ambalal Patel - Managing Director
- Ambalal Mafatlal Patel - Director
- Avaniben Alkeshbhai Patel - Director
- Mauly Ashishkumar Patel - Director
- Jyotiben Ambalal Patel - Director
- Gautam Mohanlal Thakkar - Director
- Manilal Bhudarbhai Patel - Director
The latest financial statements of Avani Seeds 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 Avani Seeds is 24AABCA5997L1Z8, registered in Gujarat. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 08AABCA5997L1Z2 (Rajasthan), 23AABCA5997L1ZA (Madhya Pradesh), 36AABCA5997L1Z3 (Telangana).
The CIN (Corporate Identification Number) of Avani Seeds is U01100GJ1993PLC019477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avani Seeds has 27 court cases on record: 14 filed by the company and 13 filed against it. 14 are pending. Most are in the district courts.
Avani Seeds was incorporated on 17 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gautam Mohanlal Thakkar ceased to be Additional Director on 27 Mar 2025. Manilal Bhudarbhai Patel ceased to be Additional Director on 27 Mar 2025. Gautam Mohanlal Thakkar was appointed as Director on 13 Mar 2025. Avani Seeds has 13 board changes on record in total.
Yes, Avani Seeds is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0167315).
Avani Seeds can be reached through the website avaniseeds.com. Its registered office is in Ahmedabad, Gujarat, India.
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