About Mahyco Private Limited
Data last updated: 11 January 2026
Mahyco Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahyco Grow Finance Private Limited. It specialises in seed production and distribution, a part of the broader agriculture sector. Incorporated on 06 June 1991, the company has been in operation for over 35 years.
Registered with ROC Mumbai under CIN U74999MH1991PTC061969.
Capital: an authorised share capital of ₹81.35 Cr and a paid-up capital of ₹12.2 Cr. Formerly known as Sungro Seeds Private Limited and India Drossbach Limited. It is led by directors including Aashish Rajendra Barwale and Usha Zehr Brent.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 19 Raj Mahal 84 Veer Narimanroad, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,584.49 Cr, a decline of 11% compared to the previous year.
The company has a workforce of approximately 888 employees as per the latest available data. It operates as a subsidiary of Mahyco Grow Finance Private Limited. Its group structure includes 3 subsidiaries and 2 joint ventures.
The company is associated with 1 brand - Mahyco. As per MCA filings, the company has open charges of ₹284.63 Cr and satisfied charges of ₹55.41 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahyco.com.
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Registered Address19 Raj Mahal 84 Veer Narimanroad, Mumbai, Maharashtra, India – 400020
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IndustryAgriculture, Seed Production & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Mahyco Private Limited
Mahyco Private Limited has undergone 3 name changes throughout its history. The company was previously known as Sungro Seeds Private Limited, India Drossbach Limited, and Sungro Seeds Limited. The current legal name is Mahyco Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Mahyco Private Limited | Current |
| Sungro Seeds Private Limited | Previous |
| India Drossbach Limited | Previous |
| Sungro Seeds Limited | Previous |
CIN History of Mahyco Private Limited
Mahyco Private Limited has one previous CIN (Corporate Identification Number): U74999MH1991PLC061969. The current CIN is U74999MH1991PTC061969, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1991PTC061969 | Current |
| U74999MH1991PLC061969 | Previous |
Associated Brands with Mahyco Private Limited
Mahyco Private Limited operates one associated brand: Mahyco. These brands represent Mahyco Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Agriculture company offering hybrid and open pollinated seeds | mahyco.com |
Competitors & Alternatives of Mahyco Private Limited
Brands and companies operating in the same space as Mahyco Private Limited include Syngenta, Corteva Agriscience, Nuziveedu Seeds and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Syngenta
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Crop protection solutions and hybrid seeds are provided for farming. | Basel, Switzerland, Switzerland | 2000 |
Corteva Agriscience
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Manufacturer and supplier of agricultural farm inputs | Wilmington, United States, United States | 2017 |
Nuziveedu Seeds
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Improved crop varieties and hybrids are developed and marketed. | Hyderabad, India, India | 1973 |
Protealis
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Hybrid field crop seeds are supplied to farmers. | Ghent, Belgium, Belgium | 2021 |
PowerPollen
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Hybrid corn seeds are produced and supplied using pollen technology. | Ankeny, United States, United States | 2015 |
NAPIGEN
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Hybrid crop plants are developed using genome engineering techniques. | Wilmington, United States, United States | 2016 |
Business Activity of Mahyco Private Limited
Mahyco Private Limited is engaged in the principal business activity of agriculture, forestry, fishing, with detailed activities including support activities to agriculture and other activities including hunting.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting | Locked |
Business activity turnover details for Mahyco Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Mahyco Private Limited
Mahyco Private Limited is audited by Ford Rhodes Parks & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ford Rhodes Parks & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Mahyco Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Mahyco Private Limited
Mahyco Private Limited is currently managed by 6 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashish Rajendra Barwale | Whole-Time Director | 01 Jan 2020 | 6 Years 6 Months | Current |
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Usha Zehr Brent
Also directs:
Maharashtra Hybrid Seeds Company Private Limited, Barwale Foundation, Mahyco Monsanto Biotech (India) Private Limited and 2 more
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Director | 28 Dec 2019 | 6 Years 6 Months | Current |
| Rajendra Badrinarayan Barwale | Director | 23 Aug 2017 | 8 Years 10 Months | Current |
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Shyamsunder Gopilalji Agrawal
Also directs:
Maharashtra Hybrid Seeds Company Private Limited
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Director | 28 Oct 2005 | 20 Years 8 Months | Current |
| Anup Singh | Director | 28 Oct 2005 | 20 Years 8 Months | Current |
| Shirish Rajendra Barwale | Managing Director | 20 Jun 2009 | 17 Years 0 Months | Current |
Financials of Mahyco Private Limited FY 2025 filings available
Mahyco Private Limited reported revenue of ₹1,584.49 Cr (down 11.00% YoY) for FY 2025.
Ten-year financial statements for Mahyco Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Mahyco Private Limited
Shareholding and ownership data for Mahyco Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Mahyco Private Limited
Mahyco Private Limited has 3 subsidiary companies, 2 joint ventures, and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Mahyco Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Grow Indigo Private Limited | U01100MH2018PTC304488 | Locked |
| Seven Star Fruits Private Limited | U74899MH1993PTC192449 | Locked |
| Fowler Westrup (India) Private Limited | U74999MH2000PTC123855 | Locked |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Mahyco Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2025 | Others | ₹46 Cr | Open |
| 19 May 2023 | Others | ₹50 Cr | Open |
| 14 Jul 2021 | Bank of India | ₹81 Cr | Open |
| 13 May 2019 | Hdfc Bank Limited | ₹45 Cr | Open |
| 11 Jul 2018 | Hdfc Bank Limited | ₹46 Cr | Open |
Total charge records: 25 View all charges
Employees and EPFO Compliance at Mahyco Private Limited
Mahyco Private Limited has a workforce of 888 employees as of Apr 07, 2024.
Employee and EPFO history for Mahyco Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Mahyco Private Limited
GST registrations and filing compliance for Mahyco Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Mahyco Private Limited
Credit ratings, litigation, and regulatory alerts for Mahyco Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Mahyco Private Limited
MSME payment history for Mahyco Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Mahyco Private Limited
Corporate group structure for Mahyco Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Mahyco Private Limited
MCA filings and documents for Mahyco Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Mahyco Private Limited
Recent News on Mahyco Private Limited
Frequently Asked Questions about Mahyco Private Limited
Mahyco Private Limited is an active private limited company in the agriculture sector based in Mumbai, Maharashtra, India. It was incorporated on 06 June 1991 (35+ years old) and is registered under CIN U74999MH1991PTC061969. The company has 888 employees.
Mahyco Private Limited reported revenue of ₹1,584.49 Cr for FY 2025 (down 11.00% YoY).
The current directors of Mahyco Private Limited are:
- Aashish Rajendra Barwale - Whole-Time Director
- Usha Zehr Brent - Director
- Rajendra Badrinarayan Barwale - Director
- Shyamsunder Gopilalji Agrawal - Director
- Anup Singh - Director
- Shirish Rajendra Barwale - Managing Director
The primary industry of Mahyco Private Limited is agriculture. The company specifically operates in seed production and distribution. The company is currently active in this sector.
Mahyco Private Limited can be reached at the registered office: 19 Raj Mahal 84 Veer Narimanroad, Mumbai, Maharashtra, India – 400020, or through the website mahyco.com.
The authorised capital is ₹81.35 Cr, and the paid-up capital is ₹12.2 Cr.