- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-02-0007178

Cipna Seed Company Private Limited
About Cipna Seed Company Private Limited
Data last updated:
Cipna Seed Company Private Limited is a private limited company based in Akola, Maharashtra, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 21 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01403MH2008PTC181365. Its GSTIN is 27AADCC3835H1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanjay Jaiwar and Santosh Purushottam Adhao.
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 is at V R Agarkar Madhav Nagar Gorakshan Road, Akola, Maharashtra, India – 444001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.04 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹16.38 Lakh (net margin -8%) and EBITDA of ₹17.78 Lakh (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹2.3 Cr and satisfied charges of ₹3.58 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Cipna Seed Company Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-02-0007178). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Cipna Seed Company
Contact details
Cipna Seed Company Private Limited's registered office is in Akola, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressV R Agarkar Madhav Nagar Gorakshan Road, Akola, Maharashtra, India – 444001
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Cipna Seed Company 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
Business activity
The main business activity of Cipna Seed Company 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 Cipna Seed Company Private Limited, buy the company report.
Financials of Cipna Seed Company Private Limited
FY 2024 filings availableCipna Seed Company Private Limited reported revenue of ₹2.04 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 45% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA fell 48% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.38 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | -8% | ||||
| 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 Cipna Seed Company Private Limited, buy the company report.
Board of directors of Cipna Seed Company Private Limited
Cipna Seed Company has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Jaiwar | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
| Santosh Purushottam Adhao | Director | 02 Dec 2020 | 5 Years 11 Months | Current |
| Sandhya Vilas Agarkar | Director | 02 Dec 2020 | 5 Years 11 Months | Current |
| Rajendra Deshmukh Also directs: Madhuganga Agritech Private Limited | Director | 01 Oct 2008 | 18 Years 1 Months | Current |
| Hemant Khambadkar | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
| Anant Dange | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
Peer comparison
Cipna Seed Company Private Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Seeds), 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 |
|---|---|---|---|---|---|---|
| RS Seeds and Agritech Private Limited | ₹2.04 Cr (FY 2024) | 386.0% | Noida, Uttar Pradesh, India | |||
| Cipna Seed Company Private Limitedthis company | ₹2.04 Cr (FY 2025) | -₹16.38 Lakh | -8% | 45.0% | Akola, Maharashtra, India | |
| Baglamukhi Agri Farmer Producer Company Limited | ₹2.02 Cr (FY 2025) | 61.0% | Rura, Madhya Pradesh, India | |||
| Devdil Hybrid Seeds Private Limited | ₹1.98 Cr (FY 2024) | -28.0% | Muktsar, Punjab, India |
To see the full peer comparison of Cipna Seed Company Private Limited, buy the company report.
Auditor
Cipna Seed Company Private Limited is audited by JOYSHISHAMARENDRANATHMAITRA for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOYSHISHAMARENDRANATHMAITRA | FY 2015 | 107546 |
Shareholding
The shareholding of Cipna Seed Company Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cipna Seed Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2017 | 100153375 | Others | ₹2.3 Cr | Satisfied | |
| 25 Jan 2012 | 10342816 | Bank of Baroda | ₹1.28 Cr | Satisfied |
To see the full charge records of Cipna Seed Company Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Cipna Seed Company Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CRR) | Filed against the company by Nuziveedu Seeds Limited King Stubb and Kasiva | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Nuziveedu Seeds Limited | Pending |
To see the full case history of Cipna Seed Company 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
No delayed payments to MSME suppliers are on our record for Cipna Seed Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cipna Seed Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC3835H1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cipna Seed Company Private Limited, buy the company report.
Recent activity
Cipna Seed Company Private Limited has 6 board changes on record since 2008: 6 appointments. The latest: Sandhya Vilas Agarkar was appointed as Director on 02 Dec 2020.
1 earlier event is in the company report.
Frequently asked questions
Cipna Seed Company is an active private limited company based in Akola, Maharashtra, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 21 April 2008 (18+ years old) and is registered under CIN U01403MH2008PTC181365.
Cipna Seed Company has 6 current directors:
- Sanjay Jaiwar - Director
- Santosh Purushottam Adhao - Director
- Sandhya Vilas Agarkar - Director
- Rajendra Deshmukh - Director
- Hemant Khambadkar - Director
- Anant Dange - Director
The latest financial statements of Cipna Seed Company 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.
The GSTIN of Cipna Seed Company is 27AADCC3835H1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cipna Seed Company is U01403MH2008PTC181365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cipna Seed Company has 2 court cases on record: 2 filed against it. 2 are pending.
Cipna Seed Company was incorporated on 21 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Cipna Seed Company by revenue are RS Seeds and Agritech Private Limited, Baglamukhi Agri Farmer Producer Company Limited, Devdil Hybrid Seeds Private Limited, all in the Agriculture industry (Seeds), with the same principal business activity (wholesale trading).
Sandhya Vilas Agarkar was appointed as Director on 02 Dec 2020. Santosh Purushottam Adhao was appointed as Director on 02 Dec 2020. Rajendra Deshmukh was appointed as Director on 01 Oct 2008. Cipna Seed Company has 6 board changes on record in total.
Yes, Cipna Seed Company is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-02-0007178).
The registered office of Cipna Seed Company is at V R Agarkar Madhav Nagar Gorakshan Road, Akola, Maharashtra, India – 444001.

