About Hi-Rich Seeds Private Limited
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Hi-Rich Seeds Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Agrimax Ventures Pte Ltd. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 26 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH2014PTC255066. Its GSTIN is 27AAGCR8749E1ZZ (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹49.96 Cr. It is led by directors including Ravindra Kumar Kakani and Ankesh Dinesh Shahra.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 707 Tulsiani Chambers, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹126.04 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹7.59 Cr (net margin -6%) and EBITDA of -₹5.61 Cr (EBITDA margin -4.4%). Revenue has grown at a compounded annual rate (CAGR) of 49% over five years.
The company has about 122 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hirichseeds. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹64 Cr on record. Court records list 20 cases involving the company, including 4 filed by the company and 16 filed against it; 17 cases are pending. The company has 10 deals on record (6 rights issues, 4 secondary share transfers); the latest was in May 2025. Its 4 peer companies in the Agriculture industry (Seeds), with the same principal business activity (support activities to agriculture and other activities including hunting) are compared by revenue, 2 larger and 2 smaller; the largest is Krishidhan Seeds Private Limited with revenue of ₹128.16 Cr. The company has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hirichseeds.com.
Company details
Contact details
Hi-Rich Seeds Private Limited's registered office is in Mumbai, Maharashtra. Its website is hirichseeds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address707 Tulsiani Chambers, Mumbai, Maharashtra, India – 400021
- IndustryAgriculture, Agri Support Services
To see the full contact details of Hi-Rich Seeds 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
Brands
Hi-Rich Seeds operates one associated brand: Hirichseeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops high-yielding seeds for grains, oilseeds, and vegetables for Indian farmers. | hirichseeds.com |
Business activity
The main business activity of Hi-Rich Seeds is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Hi-Rich Seeds Private Limited, buy the company report.
Financials of Hi-Rich Seeds Private Limited
FY 2025 filings availableHi-Rich Seeds Private Limited reported revenue of ₹126.04 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 23% growth in the latest year. EBITDA fell 274% 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 |
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| EBITDA | -₹5.61 Cr | ||||
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| Net Profit (PAT) | -₹7.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -4.4% | ||||
| Net Profit Margin | -6% | ||||
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To see the full financial statements and ratios of Hi-Rich Seeds Private Limited, buy the company report.
Board of directors of Hi-Rich Seeds Private Limited
Hi-Rich Seeds has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Kumar Kakani Also directs: Bharat Plant Proteins and Ingredients Private Limited | Director | 28 Sep 2017 | 9 Years 1 Months | Current |
| Ankesh Dinesh Shahra Also directs: Bharat Plant Proteins and Ingredients Private Limited | Director | 11 Aug 2014 | 12 Years 2 Months | Current |
| Jagdish Kumar | Director | 17 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Hi-Rich Seeds Private Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Seeds), with the same principal business activity (support activities to agriculture and other activities including hunting), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishidhan Seeds Private Limited | ₹128.16 Cr (FY 2019) | -12.0% | Indore, Madhya Pradesh, India | |||
| Western Bio Vegetable Seeds Private Limited | ₹128.07 Cr (FY 2025) | 5.0% | Ahmedabad, Gujarat, India | |||
| Hi-Rich Seeds Private Limitedthis company | ₹126.04 Cr (FY 2025) | -₹7.59 Cr | -6% | 23.0% | 122 | Mumbai, Maharashtra, India |
| Rutu Crop Care Private Limited | ₹124.27 Cr (FY 2025) | -3.0% | Rajkot, Gujarat, India | |||
| Corntech Seeds Private Limited | ₹120.91 Cr (FY 2025) | 42.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Hi-Rich Seeds Private Limited, buy the company report.
Auditor
Hi-Rich Seeds Private Limited is audited by C N K & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K & Associates LLP | FY 2023 | 101961W/W-100036 |
Shareholding
The shareholding of Hi-Rich 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 Hi-Rich Seeds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101011421 | Others | ₹20 Cr | Open | |
| 28 Nov 2023 | 100828093 | Others | ₹15 Cr | Satisfied | |
| 06 Jan 2023 | 100668217 | Others | ₹12 Cr | Satisfied | |
| 06 Dec 2021 | 100516302 | Others | ₹12 Cr | Satisfied | |
| 01 Dec 2020 | 100406638 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Hi-Rich Seeds Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Hi-Rich Seeds Private Limited has 10 deals on record (6 rights issues, 4 secondary share transfers); the latest was in May 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Rights issue | ₹9.15 Cr | Investors: Agrimax Ventures Pte Limited |
| Nov 2022 | Rights issue | ₹3.3 Cr | Investors: Agrimax Ventures Pte Limited, D J Hendrick International Inc. |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: Agrimax Ventures Pte Limited Seller: D J Hendrick International Inc. |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Agrimax Ventures Pte Limited Seller: D J Hendrick International Inc. |
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: Agrimax Ventures Pte Limited Seller: D J Hendrick International Inc. |
To see the full deal history of Hi-Rich Seeds Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hi-Rich Seeds Private Limited has 20 court cases on record: 4 filed by Hi-Rich Seeds, 16 filed against it. 17 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 16 | 17 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amravati, Maharashtra | Civil suit | Filed against the company by State of Maharashtra THR. Rajesh S. Walde Seed Inspector Cum Taluka Agriculture Officer | Pending |
| District court, Amravati, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Amravati, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Jalna, Maharashtra | Civil suit | Filed against the company by Ravi Kisan Rathod Through Govt of Maharashtra | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Pending |
To see the full case history of Hi-Rich 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
Hi-Rich Seeds Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Hi-Rich Seeds Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hi-Rich Seeds Private Limited has a workforce of 122 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Hi-Rich Seeds has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCR8749E1ZZ | Maharashtra | Active | 01 Mar 2019 |
| 23AAGCR8749E1Z7 | Madhya Pradesh | Active | 01 Jul 2017 |
| 29AAGCR8749E1ZV | Karnataka | Active | 01 Jul 2017 |
| 08AAGCR8749E1ZZ | Rajasthan | Active | 14 Jul 2020 |
To see the full GST registrations and return filing status of Hi-Rich Seeds Private Limited, buy the company report.
Recent activity
Hi-Rich Seeds Private Limited has 17 board changes on record since 2014: 6 appointments and 11 cessations. The latest: Jagdish Kumar ceased to be Additional Director on 29 Sep 2022.
26 earlier events are in the company report.
Frequently asked questions
Hi-Rich Seeds is an active private limited company based in Mumbai, Maharashtra, India. The company works in agri support services, within the agriculture industry. It was incorporated on 26 March 2014 (12+ years old) and is registered under CIN U73100MH2014PTC255066.
Hi-Rich Seeds has 3 current directors:
- Ravindra Kumar Kakani - Director
- Ankesh Dinesh Shahra - Director
- Jagdish Kumar - Director
The latest financial statements of Hi-Rich Seeds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi-Rich Seeds is 27AAGCR8749E1ZZ, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 23AAGCR8749E1Z7 (Madhya Pradesh), 29AAGCR8749E1ZV (Karnataka), 08AAGCR8749E1ZZ (Rajasthan).
The CIN (Corporate Identification Number) of Hi-Rich Seeds is U73100MH2014PTC255066. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Rich Seeds has 20 court cases on record: 4 filed by the company and 16 filed against it. 17 are pending.
Hi-Rich Seeds was incorporated on 26 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Hi-Rich Seeds has 10 deals on record (6 rights issues, 4 secondary share transfers); the latest was in May 2025.
The peers of Hi-Rich Seeds by revenue are Krishidhan Seeds Private Limited, Western Bio Vegetable Seeds Private Limited, Rutu Crop Care Private Limited, Corntech Seeds Private Limited, all in the Agriculture industry (Seeds), with the same principal business activity (support activities to agriculture and other activities including hunting).
Jagdish Kumar ceased to be Additional Director on 29 Sep 2022. Jagdish Kumar was appointed as Director on 17 Mar 2022. Akhilesh Sarraf ceased to be Director on 16 Mar 2022. Hi-Rich Seeds has 17 board changes on record in total.
Hi-Rich Seeds has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 01 Jun 2019.
Hi-Rich Seeds can be reached through the website hirichseeds.com. Its registered office is in Mumbai, Maharashtra, India.