About Ajeet Seeds Private Limited
Data last updated:
Ajeet Seeds Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 13 May 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U01100TG1986PTC112216. Its GSTIN is 36AACCA3455G1ZW (Telangana). The company holds 18 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹6.08 Cr. It was formerly known as Ajeet Seeds Limited. It is led by directors including Sameer Mulay Padmakar (Managing Director) and Padmakar Haribhau Mulay (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3 – 6 – 327 Doshi Chambers Block 204 Hyder Guda, Hyderabad, Telangana, India – 500029.
As per the financials filed for FY 2025, the company reported a revenue of ₹466.24 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.51 Cr (net margin 0.5%) and EBITDA of ₹24.91 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 1,762 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Ajeet Seeds. As per MCA filings, the company has open charges of ₹413.94 Cr and satisfied charges of ₹169.78 Cr on record. Court records list 312 cases involving the company, including 157 filed by the company and 155 filed against it; 126 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajeetseed.co.in.
Company details
CIN history
Ajeet Seeds has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U01100TG1986PTC112216, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100TG1986PTC112216 | Current |
| U01100MH1986PTC039814 | Previous |
| U01100MH1986PLC039814 | Previous |
Contact details
Ajeet Seeds Private Limited's registered office is in Hyderabad, Telangana. Its website is ajeetseed.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3 – 6 – 327 Doshi Chambers Block 204 Hyder Guda, Hyderabad, Telangana, India – 500029
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Ajeet 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
Ajeet Seeds operates one associated brand: Ajeet Seeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality hybrid seeds for agriculture. | ajeetseed.co.in |
Business activity
The main business activity of Ajeet 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 Ajeet Seeds Private Limited, buy the company report.
Financials of Ajeet Seeds Private Limited
FY 2024 filings availableAjeet Seeds Private Limited reported revenue of ₹466.24 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 61% 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 | ₹24.91 Cr | ||||
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| Net Profit (PAT) | ₹2.51 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 | 5.3% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Ajeet Seeds Private Limited, buy the company report.
Board of directors of Ajeet Seeds Private Limited
Ajeet Seeds has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjeet Padmakar Mulay Also directs: Go Developers LLP, Arya Hybrid Seeds Limited, Gangamai Industries and Constructions Private Limited and 5 more | Director | 10 Aug 1994 | 32 Years 2 Months | Current |
| Padmakar Haribhau Mulay Also directs: Arya Hybrid Seeds Limited, Gangamai Industries and Constructions Private Limited, Gangamai Heights Private Limited and 5 more | Whole-Time Director | 13 May 1986 | 40 Years 5 Months | Current |
| Sameer Mulay Padmakar Also directs: Go Developers LLP, Arya Hybrid Seeds Limited, Arjun Sugar Industries Private Limited and 5 more | Managing Director | 24 Apr 2000 | 26 Years 6 Months | Current |
Auditor
Ajeet Seeds Private Limited is audited by S. M. Sherkar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. M. Sherkar & Co. | FY 2023 | 114098W |
Shareholding
The shareholding of Ajeet 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ajeet Seeds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2025 | 101144977 | Others | ₹15 Cr | Open | |
| 12 Mar 2025 | 101086900 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 16 Aug 2024 | 100965505 | Hdfc Bank Limited | ₹108 Cr | Open | |
| 26 Apr 2024 | 100911733 | Hdfc Bank Limited | ₹20.06 Lakh | Open | |
| 30 Mar 2024 | 100914947 | Hdfc Bank Limited | ₹21.92 Lakh | Open |
To see the full charge records of Ajeet Seeds Private Limited, buy the company report.
Total charge records: 34 View all charges
Legal cases
Ajeet Seeds Private Limited has 312 court cases on record: 157 filed by Ajeet Seeds, 155 filed against it. 126 cases are pending and 186 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 225 | 132 | 104 |
| High courts | 79 | 22 | 22 |
| Supreme Court | 8 | 1 | 0 |
Cases on record (5 of 312)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtra | Pending |
| District court, Jalgaon, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtra ( Sachin Pandurang Wankhedkar Seed Inspetor Amalner) | Pending |
| District court, Latur, Maharashtra | Court case (R.C.C.) | Filed against the company | Pending |
| District court, BOTAD, Gujarat | Criminal complaint | Filed against the company | Pending |
| District court, Beed, Maharashtra | Court case (R.C.C.) | Filed against the company | Pending |
To see the full case history of Ajeet 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.
Credit ratings & regulatory alerts
Ajeet Seeds Private Limited was last rated by Crisil on 31 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Oct 2019 |
To see the full credit ratings and regulatory alerts of Ajeet Seeds Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ajeet Seeds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ajeet Seeds has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Arya Hybrid Seeds Limited | U01122MH1996PLC097547 | |
| Arjun Sugar Industries Private Limited | U01403MH2012PTC230728 | |
| Aspl Nature Pure Private Limited | U15549MH2019PTC319866 | |
| Omkara Techno Infra Private Limited | U45400MH2013PTC248797 | |
| Senate Technologies (India) Private Limited | U72200PN2006PTC128933 |
To see the full group structure of Ajeet Seeds Private Limited, buy the company report.
Employees & EPFO
Ajeet Seeds Private Limited has a workforce of 1,762 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Ajeet Seeds has 18 GST registrations: 17 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCA3455G1ZW | Telangana | Active | 01 Jul 2017 |
| 03AACCA3455G1Z5 | Punjab | Active | 01 Jul 2017 |
| 06AACCA3455G1ZZ | Haryana | Active | 01 Jul 2017 |
| 08AACCA3455G1ZV | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ajeet Seeds Private Limited, buy the company report.
Recent activity
Ajeet Seeds Private Limited has 5 board changes on record since 1986: 3 appointments and 2 cessations. The latest: Padmakar Haribhau Mulay ceased to be Director on 01 Apr 2012.
61 earlier events are in the company report.
Frequently asked questions
Ajeet Seeds is an active private limited company based in Hyderabad, Telangana, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 13 May 1986 (40+ years old) and is registered under CIN U01100TG1986PTC112216.
Ajeet Seeds has 3 current directors:
- Sameer Mulay Padmakar - Managing Director
- Padmakar Haribhau Mulay - Whole-Time Director
- Ranjeet Padmakar Mulay - Director
The latest financial statements of Ajeet Seeds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ajeet Seeds is 36AACCA3455G1ZW, registered in Telangana. The company has 18 GST registrations in all, of which 17 are active and 1 is cancelled or inactive. Other active GSTINs include 03AACCA3455G1Z5 (Punjab), 06AACCA3455G1ZZ (Haryana), 08AACCA3455G1ZV (Rajasthan).
The CIN (Corporate Identification Number) of Ajeet Seeds is U01100TG1986PTC112216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajeet Seeds has 312 court cases on record: 157 filed by the company and 155 filed against it. 126 are pending. Most are in the district courts.
Ajeet Seeds was incorporated on 13 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Hyderabad.
Padmakar Haribhau Mulay ceased to be Director on 01 Apr 2012. Anoop Gupta ceased to be Director on 30 Sep 2009. Sameer Mulay Padmakar was appointed as Managing Director on 24 Apr 2000. Ajeet Seeds has 5 board changes on record in total.
Ajeet Seeds can be reached through the website ajeetseed.co.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Ajeet Seeds is at 3 – 6 – 327 Doshi Chambers Block 204 Hyder Guda, Hyderabad, Telangana, India – 500029.
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