Maharashtra State Seeds Corporation Limited - Company Profile

It is a agriculture public limited state government company based in Akola, Maharashtra, India, established in 1976.
1976 Akola, Maharashtra, India Active
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About Maharashtra State Seeds Corporation Limited

Maharashtra State Seeds Corporation Limited, a active public limited state government company, was established on 28 April 1976 in Akola, Maharashtra, India. Engaging in seed production & distribution within the manufacturing sector, it holds CIN: U01200MH1976SGC018990. Registered under ROC Roc Nagpur. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹4.18 Cr.

It upholds a compliant status. Employing 641 professional, Its leadership includes Buveneswari Suriyan (Managing Director), Suraj Dinkarrao Mandhare (Nominee Director), Pradeep Kumar Patnaik (Nominee Director). Past directors included Suhas Krishna Diwase, Anita Bhagwantrao Chorey, Krishna Balbhimrao Lavekar. It holds ₹50.00 Cr open charges and ₹145.31 Cr settled loans. Its latest AGM occurred on 21 December 2024, with the balance sheet filed on 31 March 2024. It is based at Mahabeej Bhavankrishi Nagar, Akola, Maharashtra, 444104.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U01200MH1976SGC018990

  • Registration Number

    018990

  • Incorporation Date

    28 April 1976

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹4.18 Cr

  • ROC Code

    Roc Nagpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.18 Cr
  • Company Age 49 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 145.31 Cr
  • Revenue Growth **** -11.38%
  • Profit Growth **** -39.11%
  • Ebitda **** -114.56%
  • Net Worth 3.28%
  • Total Assets -0.86%
Company report

Maharashtra State Seeds Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Maharashtra State Seeds Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maharashtra State Seeds Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Buveneswari Suriyan Managing Director 12 Sep 2025 Current
Suraj Dinkarrao Mandhare Nominee Director 31 Dec 2024 Current
Pradeep Kumar Patnaik Nominee Director 10 Aug 2023 Current
Ranjeet Nilkanthrao Sapkal Nominee Director 29 Sep 2022 Current
Vikas Chandra Rastogi Nominee Director 02 Jan 2025 Current
Vallabhrao Tejrao Deshmukh Nominee Director 21 Jan 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 11 Jul 2020 Past
Pramod Abcsdd Director 04 Oct 2020 Past
Pramod Abcsdd Nominee Director 21 Jul 2008 Past
Pramod Abcsdd Managing Director 22 Jul 2013 Past
Pramod Abcsdd Nominee Director 12 Jun 2023 Past
Pramod Abcsdd Managing Director 06 Jun 2016 Past

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Financial Performance of Maharashtra State Seeds Corporation.

Maharashtra State Seeds Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.38% decrease. The company also saw a substantial fall in profitability, with a 39.11% decrease in profit. The company's net worth moved up by a moderate rise of 3.28%.

Maharashtra State Seeds Corporation revenue growth over time
Maharashtra State Seeds Corporation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -11.38%
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Revenue from Operations
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 -11.69%
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Total Assets
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 -0.86%
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Profit or Loss
*******
 -39.11%
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Net Worth
*******
 3.28%
*******
*******
*******
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EBITDA
*******
 -114.56%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Maharashtra State Seeds Corporation?

In 2023, Maharashtra State Seeds Corporation had a promoter holding of 84.44% and a public holding of 15.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹500,000,000.00

Satisfied Charges

₹1,453,147,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 50.00 Cr
Latest Charge Details
Date Lender Amount Status
27 Feb 2020 Hdfc Bank Limited ₹50.00 Cr Open
25 Nov 2004 Bank Of Maharashtra ₹20.00 Cr Satisfied
23 Apr 2003 Bank Of India ₹10.00 Cr Satisfied
16 Mar 2002 State Bank Of India ₹27.07 Cr Satisfied
18 Mar 1996 State Bank Of India ₹20.50 Cr Satisfied

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How Many Employees Work at Maharashtra State Seeds Corporation?

Maharashtra State Seeds Corporation has a workforce of 641 employees as of Oct 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra State Seeds Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maharashtra State Seeds Corporation's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Maharashtra State Seeds Corporation
Recent Activity within the Organization
  • Director Appointment

    The activity Buveneswari Suriyan was appointed as a Managing Director was appointed as a Managing Director on 12 Sep 2025 & has been associated with this company since 5 months 15 days . was completed.

  • Director Appointment

    Vikas Chandra Rastogi was appointed as a Nominee Director was appointed as a Nominee Director on 02 Jan 2025 & has been associated with this company since 1 year 1 month . was recorded as a recent event.

  • Director Appointment

    The activity Suraj Dinkarrao Mandhare was appointed as a Nominee Director was appointed as a Nominee Director on 31 Dec 2024 & has been associated with this company since 1 year 1 month . was completed.

  • Annual General Meeting

    The activity Maharashtra State Seeds Corporation Limited last Annual general meeting of members was held on 21 Dec 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Maharashtra State Seeds Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Nagpur. was completed.

  • Director Appointment

    Progress on Pradeep Kumar Patnaik was appointed as a Nominee Director was appointed as a Nominee Director on 10 Aug 2023 & has been associated with this company since 2 years 6 months . was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Maharashtra State Seeds Corporation Limited?

The CIN of Maharashtra State Seeds Corporation Limited is U01200MH1976SGC018990.

Where is Maharashtra State Seeds Corporation Limited headquartered?

Maharashtra State Seeds Corporation Limited is headquartered at Mahabeej Bhavankrishi Nagar, Akola, Maharashtra, 444104.

When was Maharashtra State Seeds Corporation Limited incorporated?

Maharashtra State Seeds Corporation Limited was incorporated on 28 April 1976.

Who are the current directors of Maharashtra State Seeds Corporation Limited?

The current directors of Maharashtra State Seeds Corporation Limited are

What is the primary industry of Maharashtra State Seeds Corporation Limited?

The primary industry of Maharashtra State Seeds Corporation Limited is Manufacturing.

Is Maharashtra State Seeds Corporation Limited a listed company?

Maharashtra State Seeds Corporation Limited is unlisted.

What is the capital structure of Maharashtra State Seeds Corporation Limited?

The authorized capital of Maharashtra State Seeds Corporation Limited is ₹10.00 Cr, and the paid-up capital is ₹4.18 Cr.

What is the compliance status of Maharashtra State Seeds Corporation Limited?

The compliance status of Maharashtra State Seeds Corporation Limited is Compliant.

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