
About Ichiban Crop Science Limited
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Ichiban Crop Science Limited is a public limited company based in Delhi, India. It operates in the crop protection segment of the agriculture sector. It was incorporated on 14 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U33100DL2003PLC121287. Its GSTIN is 03AABCH4363F1Z0 (Punjab). The company holds 19 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹2.41 Cr. It was formerly known as Hpm Crop Science Limited. It is led by directors including Nikhil Aggarwal (Managing Director) and Neeti Aggarwal (Whole-Time Director).
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 Unit No. 708 Best Sky Tower F – 5 Netaji Subhash Place Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹692.21 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹42.19 Cr (net margin 6.1%) and EBITDA of ₹77 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 23% over five years.
The company has about 352 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ICHIBAN Crop Science. As per MCA filings, the company has open charges of ₹225.75 Cr and satisfied charges of ₹74.8 Cr on record. Court records list 206 cases involving the company, including 168 filed by the company and 38 filed against it; 127 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.31 Cr; the latest was in March 2016. Its 8 peer companies in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 3 smaller; the largest is Saraswati Agro Chemicals (India) Private Limited with revenue of ₹931.89 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 2,305 overdue payments to 42 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ichiban.net.in.
Company details
CIN history
Ichiban Crop Science has one previous CIN (Corporate Identification Number): U24211DL2003PLC121287. The current CIN is U33100DL2003PLC121287, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33100DL2003PLC121287 | Current |
| U24211DL2003PLC121287 | Previous |
Contact details
Ichiban Crop Science Limited's registered office is in Delhi, Delhi. Its website is ichiban.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 708 Best Sky Tower F – 5 Netaji Subhash Place Pitampura, Delhi, India – 110034
- IndustryAgriculture, Crop Protection
To see the full contact details of Ichiban Crop Science 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
Ichiban Crop Science operates one associated brand: ICHIBAN Crop Science. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturers and distributors of agrochemicals | ichiban.net.in |
Business activity
The main business activity of Ichiban Crop Science is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Ichiban Crop Science Limited, buy the company report.
Financials of Ichiban Crop Science Limited
FY 2025 filings availableIchiban Crop Science Limited reported revenue of ₹692.21 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 33% growth in the latest year. EBITDA rose 43% 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 | ₹77 Cr | ||||
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| Net Profit (PAT) | ₹42.19 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 6.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ichiban Crop Science Limited, buy the company report.
Board of directors of Ichiban Crop Science Limited
Ichiban Crop Science has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeti Aggarwal | Whole-Time Director | 12 Oct 2015 | 11 Years 0 Months | Current |
| Ashok Mahan Narula | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Ashish Kumar Also directs: G G Engineering Limited, Huntkey India Private Limited, Novus Loyalty Limited and 1 more | Director | 19 May 2023 | 3 Years 5 Months | Current |
| Ashish Ranjan Mohapatra | Director | 12 Oct 2015 | 11 Years 0 Months | Current |
| Radhey Shyam Kumawat | Director | 25 Jun 2024 | 2 Years 4 Months | Current |
| Nikhil Aggarwal Also directs: Artwork Fashions Private Limited, Hindustan Krishi Bio-Tech Limited, Congrats Agropack Private Limited and 1 more | Managing Director | 14 Jul 2003 | 23 Years 3 Months | Current |
Peer comparison
Ichiban Crop Science Limited is compared with the 8 companies closest to it by revenue in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saraswati Agro Chemicals (India) Private Limited | ₹931.89 Cr (FY 2025) | 19.0% | Punjab, India | |||
| Punjab Chemicals and Crop Protection Limited | ₹901.95 Cr (FY 2025) | -4.0% | Derabassi, Punjab, India | |||
| Ju Agri Sciences Private Limited | ₹874.82 Cr (FY 2024) | 4.0% | New Delhi, Delhi, India | |||
| Biostadt India Limited | ₹849.91 Cr (FY 2024) | -7.0% | Mumbai, Maharashtra, India | |||
| India Pesticides Limited. | ₹843.44 Cr (FY 2025) | 21.0% | Uttar Pradesh, India | |||
| Ichiban Crop Science Limitedthis company | ₹692.21 Cr (FY 2025) | ₹42.19 Cr | 6.1% | 33.0% | 352 | Delhi, India |
| Monsanto India Limited | ₹691.56 Cr (FY 2019) | 0.0% | Thane, Maharashtra, India | |||
| Sandhya Organic Chemicals Pvt Ltd | ₹652.59 Cr (FY 2025) | 11.0% | Vapi, Gujarat, India | |||
| Indogulf Cropsciences Limited | ₹594.48 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ichiban Crop Science Limited, buy the company report.
Auditor
Ichiban Crop Science Limited is audited by P Shanker & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Shanker & Associates | FY 2023 | 007480N |
Shareholding
The shareholding of Ichiban Crop Science 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 Ichiban Crop Science Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2025 | 101211817 | Hdfc Bank Limited | ₹7.95 Lakh | Open | |
| 12 Dec 2025 | 101209307 | Hdfc Bank Limited | ₹4.15 Lakh | Open | |
| 27 Oct 2025 | 101182317 | Hdfc Bank Limited | ₹5.05 Lakh | Open | |
| 30 Aug 2025 | 101148724 | Hdfc Bank Limited | ₹8 Lakh | Open | |
| 04 Aug 2025 | 101142062 | Hdfc Bank Limited | ₹5.5 Lakh | Open |
To see the full charge records of Ichiban Crop Science Limited, buy the company report.
Total charge records: 103 View all charges
Deals & funding
Ichiban Crop Science Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.31 Cr; the latest was in March 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹2.31 Cr | Investors: 2 individuals |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ichiban Crop Science Limited has 206 court cases on record: 168 filed by Ichiban Crop Science, 38 filed against it. 127 cases are pending and 79 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 203 | 38 | 127 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 206)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against Growero Technologies Pvt Ltd | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against We One Seeds Pvt Ltd and 1 other | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Ichiban Crop Science 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
Ichiban Crop Science Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 2,305 overdue payments to 42 micro and small suppliers. 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 (5 of 42)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bharat Propack Private Limited | |||
| an individual supplier | |||
| Alpha Galaxy | |||
| an individual supplier | |||
| A-One Laminators Private Limited |
To see the full MSME payment records of Ichiban Crop Science Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ichiban Crop Science Limited has a workforce of 352 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.
GST
Ichiban Crop Science has 19 GST registrations: 14 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCH4363F1Z0 | Punjab | Active | 01 Jul 2017 |
| 06AABCH4363F1ZU | Haryana | Active | 01 Jul 2017 |
| 19AABCH4363F1ZN | West Bengal | Active | 01 Jul 2017 |
| 20AABCH4363F1Z4 | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ichiban Crop Science Limited, buy the company report.
Recent activity
Ichiban Crop Science Limited has 19 board changes on record since 2003: 7 appointments and 12 cessations. The latest: Radhey Shyam Kumawat ceased to be Additional Director on 26 Sep 2024.
175 earlier events are in the company report.
Frequently asked questions
Ichiban Crop Science is an active public limited company based in Delhi, India. The company works in crop protection, within the agriculture industry. It was incorporated on 14 July 2003 (23+ years old) and is registered under CIN U33100DL2003PLC121287.
Ichiban Crop Science has 7 current directors:
- Nikhil Aggarwal - Managing Director
- Neeti Aggarwal - Whole-Time Director
- Ashok Mahan Narula - Director
- Ashish Kumar - Director
- Ashish Ranjan Mohapatra - Director
- Radhey Shyam Kumawat - Director
- Vinod Kumar - Director
The latest financial statements of Ichiban Crop Science 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 Ichiban Crop Science is 03AABCH4363F1Z0, registered in Punjab. The company has 19 GST registrations in all, of which 14 are active and 5 are cancelled or inactive. Other active GSTINs include 06AABCH4363F1ZU (Haryana), 19AABCH4363F1ZN (West Bengal), 20AABCH4363F1Z4 (Jharkhand).
The CIN (Corporate Identification Number) of Ichiban Crop Science is U33100DL2003PLC121287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ichiban Crop Science has 206 court cases on record: 168 filed by the company and 38 filed against it. 127 are pending. Most are in the district courts.
Ichiban Crop Science was incorporated on 14 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Ichiban Crop Science has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.31 Cr; the latest was in March 2016.
The peers of Ichiban Crop Science by revenue are Saraswati Agro Chemicals (India) Private Limited, Punjab Chemicals and Crop Protection Limited, Ju Agri Sciences Private Limited, Biostadt India Limited, India Pesticides Limited. and 3 more, all in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Radhey Shyam Kumawat ceased to be Additional Director on 26 Sep 2024. Radhey Shyam Kumawat was appointed as Director on 25 Jun 2024. Vinod Kumar ceased to be Additional Director on 27 Sep 2023. Ichiban Crop Science has 19 board changes on record in total.
Ichiban Crop Science has 13 MSME Form 1 returns on record between 2019 and 2023, listing 2,305 overdue payments to 42 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Ichiban Crop Science can be reached through the website ichiban.net.in. Its registered office is in Delhi, India.

