MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0008176
Kanan Seeds Private Limited
Kanan Seeds Private Limited - agriculture in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.42 Cr
▲ 46% YoY
Net profit · FY 2025
₹4.97 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹30.76 Lakh
EBITDA margin 2.1%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹16.5 Lakh
Issued & subscribed
Open charges
₹4.79 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Kanan Seeds Private Limited
Data last updated:
Kanan Seeds Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 05 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01100GJ2016PTC093602. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹16.5 Lakh. It is led by directors Minalben Milankumar Patel and Milankumar Patel Gajendrakumar.
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 A 38 Vrajlila Society Waghodia Road Vadodara, Gujarat, India – 390019.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.42 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹4.97 Lakh (net margin 0.3%) and EBITDA of ₹30.76 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 46% over five years.
As per MCA filings, the company has open charges of ₹4.79 Cr on record. Court records list 37 cases involving the company, including 35 filed by the company and 2 filed against it; 9 cases are pending.
Kanan Seeds Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0008176). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U01100GJ2016PTC093602
Registration Number 093602
Incorporation Date 05 September 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0008176
Recognitions & Rankings of Kanan Seeds
Contact details
Kanan Seeds Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA 38 Vrajlila Society Waghodia Road Vadodara, Gujarat, India – 390019
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Kanan Seeds Private Limited, buy the company report.
Comprehensive company report
Kanan 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
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Business activity
The main business activity of Kanan 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 Kanan Seeds Private Limited, buy the company report.
Financials of Kanan Seeds Private Limited
FY 2025 filings availableKanan Seeds Private Limited reported revenue of ₹14.42 Cr (up 46% YoY) for FY 2025.
Revenue · FY 2025
₹14.42 Cr ▲ 46%
Net profit · FY 2025
₹4.97 Lakh margin 0.3%
EBITDA · FY 2025
₹30.76 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 79%
5 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 83%
5 years · compounded
▲ 57%
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 46% growth in the latest year. EBITDA rose 17% 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 | ₹30.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.97 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 | 2.1% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Kanan Seeds Private Limited, buy the company report.
Board of directors of Kanan Seeds Private Limited
Kanan Seeds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minalben Milankumar Patel Also directs: Kanan Hybrid Seeds Private Limited, Cimbria Seeds Private Limited | Director | 19 Mar 2020 | 6 Years 7 Months | Current |
| Milankumar Patel Gajendrakumar | Director | 05 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Kanan Seeds Private Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| H V Global Private Limited | ₹14.48 Cr (FY 2024) | 19.0% | New Delhi, Delhi, India | |||
| Shree Ram Gums Private Limited | ₹14.44 Cr (FY 2024) | 52.0% | Jodhpur, Rajasthan, India | |||
| Senso Agrotech Private Limited | ₹14.44 Cr (FY 2025) | 120.0% | Ankleshwar, Gujarat, India | |||
| Kanan Seeds Private Limitedthis company | ₹14.42 Cr (FY 2025) | ₹4.97 Lakh | 0.3% | 46.0% | Vadodara, Gujarat, India | |
| Agna Org Agrovilla (India) Private Limited | ₹14.41 Cr (FY 2025) | 242.0% | Mumbai, Maharashtra, India | |||
| SKNK Global Exports Private Limited | ₹14.4 Cr (FY 2025) | -56.0% | Rohtak, Haryana, India | |||
| VK Crop Care Private Limited | ₹14.36 Cr (FY 2024) | Raichur, Karnataka, India |
To see the full peer comparison of Kanan Seeds Private Limited, buy the company report.
Auditor
Kanan Seeds Private Limited is audited by SHAH PATEL SHUKLA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH PATEL SHUKLA & ASSOCIATES | FY 2023 | 129861W |
Shareholding
The shareholding of Kanan 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 Kanan Seeds Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.79 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2025 | 101067539 | Hdfc Bank Limited | ₹2.2 Cr | Open | |
| 31 Jul 2023 | 100770374 | Hdfc Bank Limited | ₹9.1 Lakh | Open | |
| 12 Oct 2022 | 100640645 | Hdfc Bank Limited | ₹2.5 Cr | Open |
To see the full charge records of Kanan Seeds Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Kanan Seeds Private Limited has 37 court cases on record: 35 filed by Kanan Seeds, 2 filed against it. 9 cases are pending and 28 are disposed.
Total cases
37
Filed by the company
35
Filed against the company
2
Pending
9
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 2 | 9 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chhota Udepur, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Chhota Udepur, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Chhota Udepur, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Chhota Udepur, Gujarat | Criminal complaint | Filed by the company against Dheerajkumar Patel Proprietor of D K Traders | Pending |
| District court, Chhota Udepur, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Kanan 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
Kanan Seeds Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2020, listing 8 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bhishma Agri Research Biotech Private Limited | |||
| Gayatri Seed Industries | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kanan Seeds Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kanan Seeds has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Kanan Seeds Private Limited, buy the company report.
Recent activity
Kanan Seeds Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Mayurbhai Mukeshbhai Patel ceased to be Director on 19 Mar 2020.
AGM
Kanan Seeds Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kanan Seeds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 220.00 Lakh with Charge ID 101067539 was registered on 12 Mar 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 250.00 Lakh registered on 12 Oct 2022 with Charge ID 100640645 was modified on 15 Jun 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.10 Lakh with Charge ID 100770374 was registered on 31 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100640645 was registered on 12 Oct 2022.
Ceased
Mayurbhai Mukeshbhai Patel ceased to be Director.
Appointed
Minalben Milankumar Patel was appointed as Director.
Appointed
Mayurbhai Mukeshbhai Patel was appointed as Director.
Appointed
Milankumar Patel Gajendrakumar was appointed as Director.
Incorporation
05 Sep 2016
Kanan Seeds Private Limited was registered on 05 Sep 2016 with Roc Ahmedabad & aged 10 years 1 month as per MCA records.
Frequently asked questions
Kanan Seeds is an active private limited company based in Vadodara, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 05 September 2016 (10+ years old) and is registered under CIN U01100GJ2016PTC093602.
Kanan Seeds has 2 current directors:
- Minalben Milankumar Patel - Director
- Milankumar Patel Gajendrakumar - Director
The latest financial statements of Kanan Seeds 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 FY 2017 are in the company report.
No. Kanan Seeds has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Kanan Seeds is U01100GJ2016PTC093602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanan Seeds has 37 court cases on record: 35 filed by the company and 2 filed against it. 9 are pending.
Kanan Seeds was incorporated on 05 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kanan Seeds by revenue are H V Global Private Limited, Shree Ram Gums Private Limited, Senso Agrotech Private Limited, Agna Org Agrovilla (India) Private Limited, SKNK Global Exports Private Limited and 1 more, all in the Agriculture industry (Agro Retail and Distribution, Seeds), with the same principal business activity (wholesale trading).
Mayurbhai Mukeshbhai Patel ceased to be Director on 19 Mar 2020. Minalben Milankumar Patel was appointed as Director on 19 Mar 2020. Mayurbhai Mukeshbhai Patel was appointed as Director on 05 Sep 2016. Kanan Seeds has 4 board changes on record in total.
Yes, Kanan Seeds is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0008176).
Kanan Seeds has 2 MSME Form 1 returns on record for the period ending Mar 2020, listing 8 overdue payments to 4 micro and small suppliers. The latest return was filed on 03 Apr 2021.
The registered office of Kanan Seeds is at A 38 Vrajlila Society Waghodia Road Vadodara, Gujarat, India – 390019.
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