MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-05-0002689
Foragen Seeds Private Limited - internet in Bellary, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹67.97 Cr
▲ 23% YoY
Net profit · FY 2024
₹1.49 Cr
Net margin 2.2%
EBITDA · FY 2024
₹3.94 Cr
EBITDA margin 5.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹16 Lakh
Issued & subscribed
Open charges
₹18.23 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
68
Provident fund records
About Foragen Seeds Private Limited
Data last updated:
Foragen Seeds Private Limited is a private limited company based in Bellary, Karnataka, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 31 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2013PTC072802. Its GSTIN is 29AAJCM0125E1ZR (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹16 Lakh. It was formerly known as Malleshwara Agro Services Private Limited. It is led by directors including Anil Kumar Reddy Kuruvali (Managing Director) and Satyavani Kuruvalli.
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 Mig – 34 Khb Colony Moka Road Gandhinagar, Bellary, Karnataka, India – 583103.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.97 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Cr (net margin 2.2%) and EBITDA of ₹3.94 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 50% over five years.
The company has about 68 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Forage Seeds Online India. As per MCA filings, the company has open charges of ₹18.23 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Foragen Seeds Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0002689). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website foragenseeds.com.
Company details
CIN U74110KA2013PTC072802
Registration Number 072802
Incorporation Date 31 December 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-05-0002689
CIN history
Foragen Seeds has one previous CIN (Corporate Identification Number): U01407KA2013PTC072802. The current CIN is U74110KA2013PTC072802, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2013PTC072802 | Current |
| U01407KA2013PTC072802 | Previous |
Key People
Anil Kumar Reddy Kuruvali Managing Director Satyavani Kuruvalli Director Gunturu Venkatravamma Director Recognitions & Rankings of Foragen Seeds
Contact details
Foragen Seeds Private Limited's registered office is in Bellary, Karnataka. Its website is foragenseeds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMig – 34 Khb Colony Moka Road Gandhinagar, Bellary, Karnataka, India – 583103
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Foragen Seeds Private Limited, buy the company report.
Comprehensive company report
Foragen Seeds Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Foragen Seeds operates one associated brand: Forage Seeds Online India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers online sales of sorghum, maize, legumes, and other seeds. | foragenseeds.com |
Business activity
The main business activity of Foragen Seeds 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 Foragen Seeds Private Limited, buy the company report.
Financials of Foragen Seeds Private Limited
FY 2024 filings availableForagen Seeds Private Limited reported revenue of ₹67.97 Cr (up 23% YoY) for FY 2024.
Revenue · FY 2024
₹67.97 Cr ▲ 23%
Net profit · FY 2024
₹1.49 Cr margin 2.2%
EBITDA · FY 2024
₹3.94 Cr margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 30%
5 years · compounded
▲ 50%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 89%
5 years · compounded
▲ 51%
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 23% growth in the latest year. EBITDA rose 94% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.49 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Foragen Seeds Private Limited, buy the company report.
Board of directors of Foragen Seeds Private Limited
Foragen Seeds has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyavani Kuruvalli Also directs: Bhadra Cold Storage Private Limited | Director | 31 Dec 2013 | 12 Years 9 Months | Current |
| Gunturu Venkatravamma | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
| Prabhakar Babu Gunturu | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
| Anil Kumar Reddy Kuruvali Also directs: Lander Resorts India Private Limited | Managing Director | 31 Dec 2013 | 12 Years 9 Months | Current |
Auditor
Foragen Seeds Private Limited is audited by ANILKUMAR SONDUR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANILKUMAR SONDUR | FY 2023 | 201763 |
Shareholding
The shareholding of Foragen Seeds Private 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 Foragen Seeds Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2025 | 101114171 | Sidbi | ₹49.58 Lakh | Open | |
| 22 May 2025 | 101098997 | Axis Bank Limited | ₹12.21 Lakh | Open | |
| 19 May 2025 | 101095845 | Axis Bank Limited | ₹14.21 Lakh | Open | |
| 31 Jan 2025 | 101047697 | Axis Bank Limited | ₹9.17 Lakh | Open | |
| 31 Jan 2025 | 101045625 | Axis Bank Limited | ₹11.61 Lakh | Open |
To see the full charge records of Foragen Seeds Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Foragen Seeds Private Limited has 2 court cases on record: 1 filed by Foragen Seeds, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against M/S Rana Trading Company, Rep., Bhaver Singh | Pending |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by State of Haryana | Disposed |
To see the full case history of Foragen Seeds 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 Foragen Seeds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Foragen Seeds Private Limited has a workforce of 68 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
68
Active EPFO establishments
1
Employee growth
15.25%
GST
Foragen Seeds has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM0125E1ZR | Karnataka | Active | 01 Jul 2017 |
| 09AAJCM0125E1ZT | Uttar Pradesh | Active | 26 Feb 2019 |
| 03AAJCM0125E1Z5 | Punjab | Active | 19 Mar 2019 |
| 36AAJCM0125E1ZW | Telangana | Active | 23 May 2025 |
To see the full GST registrations and return filing status of Foragen Seeds Private Limited, buy the company report.
Recent activity
Foragen Seeds Private Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Anil Kumar Reddy Kuruvali ceased to be Director on 02 Jun 2024.
Charges
A charge with Sidbi amounted to Rs. 0.50 Cr with Charge ID 101114171 was registered on 03 Jun 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.12 Cr with Charge ID 101098997 was registered on 22 May 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101095845 was registered on 19 May 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.09 Cr with Charge ID 101047697 was registered on 31 Jan 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.12 Cr with Charge ID 101045625 was registered on 31 Jan 2025.
AGM
Foragen Seeds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 16.50 Cr registered on 28 Nov 2014 with Charge ID 10583088 was modified on 31 Jul 2024.
Ceased
Anil Kumar Reddy Kuruvali ceased to be Director.
Filing
Foragen Seeds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100537467 was registered on 15 Feb 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.51 Cr with Charge ID 100367238 was registered on 19 Aug 2020.
Ceased
Gunturu Venkatravamma ceased to be Additional Director.
7 earlier events are in the company report.
Frequently asked questions
Foragen Seeds is an active private limited company based in Bellary, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 31 December 2013 (13+ years old) and is registered under CIN U74110KA2013PTC072802.
Foragen Seeds has 4 current directors:
- Anil Kumar Reddy Kuruvali - Managing Director
- Satyavani Kuruvalli - Director
- Gunturu Venkatravamma - Director
- Prabhakar Babu Gunturu - Director
The latest financial statements of Foragen Seeds 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 Foragen Seeds is 29AAJCM0125E1ZR, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AAJCM0125E1ZT (Uttar Pradesh), 03AAJCM0125E1Z5 (Punjab), 36AAJCM0125E1ZW (Telangana).
The CIN (Corporate Identification Number) of Foragen Seeds is U74110KA2013PTC072802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foragen Seeds has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Foragen Seeds was incorporated on 31 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Anil Kumar Reddy Kuruvali ceased to be Director on 02 Jun 2024. Gunturu Venkatravamma ceased to be Additional Director on 30 Sep 2019. Prabhakar Babu Gunturu ceased to be Additional Director on 30 Sep 2019. Foragen Seeds has 7 board changes on record in total.
Yes, Foragen Seeds is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-05-0002689).
Foragen Seeds can be reached through the website foragenseeds.com. Its registered office is in Bellary, Karnataka, India.