Devkor Seeds Private Limited

Devkor Seeds Private Limited - agriculture in Mansa, Gujarat, India. FY 2026 financials & compliance.
CIN U52209GJ2019PTC107592 Incorporated 11 April 2019 ROC Ahmedabad HQ Mansa, Gujarat, India
Active Private Limited Company agriculture
Data last updated
Revenue · FY 2024
₹8.26 Cr
▲ 189% YoY
Net profit · FY 2024
₹11.69 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹79.37 Lakh
EBITDA margin 9.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹6.75 Cr
Satisfied ₹5 Cr
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings

About Devkor Seeds Private Limited

Data last updated:

Devkor Seeds Private Limited is a private limited company based in Mansa, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 11 April 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52209GJ2019PTC107592. Its GSTIN is 24AAHCD1918L1ZM (Gujarat).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Riti Tusharkumar Prajapati and Tusharkumar Rameshbhai Prajapati.

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 Mansa, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.69 Lakh (net margin 1.4%) and EBITDA of ₹79.37 Lakh (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.

As per MCA filings, the company has open charges of ₹6.75 Cr and satisfied charges of ₹5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.

Company Details of Devkor Seeds Private Limited
CIN U52209GJ2019PTC107592
Registration Number 107592
Incorporation Date 11 April 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. 619 Near Vihar Cross Road, Mahesana – Himatnagar Highway, Mansa, Gujarat, India – 382810
  • Industry
    Agriculture, Agro Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Devkor Seeds Private Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Business Activity of Devkor Seeds Private Limited

The main business activity of Devkor Seeds is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
AAgriculture, forestry, fishingA4Support activities to agriculture and Other Activities including huntingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Devkor Seeds Private Limited FY 2025 filings available

Devkor Seeds Private Limited reported revenue of ₹8.26 Cr (up 189% YoY) for FY 2024.

Revenue · FY 2024
₹8.26 Cr ▲ 189%
Net profit · FY 2024
₹11.69 Lakh margin 1.4%
EBITDA · FY 2024
₹79.37 Lakh margin 9.6%

Compounded Annual Growth Rate (CAGR) of Devkor Seeds Private Limited

Revenue CAGR growth
1 year
▲ 189%
3 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 214%

Revenue has grown at a compounded annual rate (CAGR) of 58% over three years, including 189% growth in the latest year. EBITDA rose 50% 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 of Devkor Seeds Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹79.37 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹11.69 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 of Devkor Seeds Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.6%••••••••••••••••
Net Profit Margin1.4%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devkor Seeds are in the company report.

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Financial statements from FY 2020

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Peer Comparison of Devkor Seeds Private Limited

Devkor Seeds Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Seeds). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kamdhenu Seeds Private Limited₹8.35 Cr (FY 2024)••••••••3.0%••••Ahmedabad, Gujarat, India
Safe Gene Seeds (India) Private Limited₹8.34 Cr (FY 2025)••••••••166.0%••••Hyderabad, Telangana, India
Auraa Hybrid Seeds India Private Limited₹8.32 Cr (FY 2024)••••••••32.0%••••Sri Ganganagar, Rajasthan, India
Scitex Pharmaceuticals Private Limited₹8.31 Cr (FY 2024)••••••••2985.0%••••Medchal, Telangana, India
Rainbow Seeds & Spices Private Limited₹8.28 Cr (FY 2025)••••••••-82.0%••••Ahmedabad, Gujarat, India
Devkor Seeds Private Limited this company₹8.26 Cr (FY 2024)••••••••189.0%••••Mansa, Gujarat, India
Gandhi Agro Seeds Private Limited₹8.26 Cr (FY 2024)••••••••-20.0%••••Anand, Gujarat, India
Green Dhari Seeds Private Limited₹8.24 Cr (FY 2025)••••••••14.0%••••Jaipur, Rajasthan, India
Speciality Seeds Private Limited₹8.2 Cr (FY 2025)••••••••42.0%••••Ludhiana, Punjab, India
Ruha Seeds Private Limited₹8.1 Cr (FY 2025)••••••••140.0%••••Gandhinagar, Gujarat, India
Hollis Crop Science Private Limited₹8.08 Cr (FY 2024)••••••••23.0%••••Ahmedabad, Gujarat, India

Peers are the five companies nearest above and the five nearest below Devkor Seeds by revenue in the Agriculture industry (Seeds), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Devkor Seeds Private Limited

Devkor Seeds Private Limited is audited by KALYANI & ASSOCIATES for the financial year 2022.

NameStatusAppointment DateCessation Date
KALYANI & ASSOCIATESLockedLockedLocked
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Board of Directors of Devkor Seeds Private Limited

Devkor Seeds has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Riti Tusharkumar PrajapatiDirector11 Apr 20197 Years 5 MonthsCurrent
Tusharkumar Rameshbhai PrajapatiDirector11 Apr 20197 Years 5 MonthsCurrent

Ownership and Shareholding of Devkor Seeds Private Limited

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Charges & Borrowings of Devkor Seeds Private Limited

Open charges
₹6.75 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Others₹3.75 Cr
Idbi Bank Limited₹3.00 Cr
Latest charge details
DateLenderAmountStatus
13 Mar 2025Idbi Bank Limited₹3 CrOpen
10 May 2021Others₹70 LakhOpen
08 Feb 2021Others₹3.05 CrOpen
22 Apr 2024Idbi Bank Limited₹5 CrSatisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Devkor Seeds Private Limited

Employment history and EPFO contributions of people linked to Devkor Seeds.

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Employee and EPFO history

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Recent Activity on Devkor Seeds Private Limited

Devkor Seeds Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Riti Tusharkumar Prajapati was appointed as Director on 11 Apr 2019.

AGM
Devkor Seeds Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 22 Apr 2024 via Charge ID 100919770 with Idbi Bank Limited was fully satisfied on 30 Apr 2025.
Filing
Devkor Seeds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Idbi Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 101085784 was registered on 13 Mar 2025.
Charges
A charge with Idbi Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 100919770 was registered on 22 Apr 2024.
Charges
A charge with Others of Rs. 305.00 Lakh registered on 08 Feb 2021 with Charge ID 100414768 was modified on 16 Oct 2021.
Charges
A charge with Others amounted to Rs. 70.00 Lakh with Charge ID 100446806 was registered on 10 May 2021.
Charges
A charge with Others amounted to Rs. 305.00 Lakh with Charge ID 100414768 was registered on 08 Feb 2021.
Appointed
Riti Tusharkumar Prajapati was appointed as Director.
Appointed
Tusharkumar Rameshbhai Prajapati was appointed as Director.
Incorporation
11 Apr 2019
Devkor Seeds Private Limited was registered on 11 Apr 2019 with Roc Ahmedabad & aged 7 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Devkor Seeds Private Limited

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MSME Payment Delays by Devkor Seeds Private Limited

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Subsidiaries & Group Companies of Devkor Seeds Private Limited

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GST Compliance of Devkor Seeds Private Limited

Devkor Seeds has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAHCD1918L1ZMGujaratActive29 Apr 2019
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MCA Filings & Documents of Devkor Seeds Private Limited

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Frequently Asked Questions about Devkor Seeds Private Limited

Devkor Seeds is an active private limited company based in Mansa, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 11 April 2019 (7+ years old) and is registered under CIN U52209GJ2019PTC107592.

Devkor Seeds reported revenue of ₹8.26 Cr for FY 2024 (up 189% YoY).

Devkor Seeds has 2 current directors:

Devkor Seeds reported a net profit of ₹11.69 Lakh (net margin 1.4%) and EBITDA of ₹79.37 Lakh (EBITDA margin 9.6%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Devkor Seeds is 58% over three years. In the latest year (FY 2024) revenue rose 189%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Devkor Seeds is 24AAHCD1918L1ZM, registered in Gujarat.

The CIN (Corporate Identification Number) of Devkor Seeds is U52209GJ2019PTC107592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Devkor Seeds has 2 court cases on record: 2 filed by the company. 2 are pending.

Devkor Seeds was incorporated on 11 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Devkor Seeds by revenue are Kamdhenu Seeds Private Limited, Safe Gene Seeds (India) Private Limited, Auraa Hybrid Seeds India Private Limited, Scitex Pharmaceuticals Private Limited, Rainbow Seeds & Spices Private Limited and 5 more, all in the Agriculture industry (Seeds).

Riti Tusharkumar Prajapati was appointed as Director on 11 Apr 2019. Tusharkumar Rameshbhai Prajapati was appointed as Director on 11 Apr 2019.

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