MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-14-0004152
Novel Seeds Private Limited - agriculture in Jalgaon, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.28 Cr
▲ 58% YoY
Net profit · FY 2025
₹23.71 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹83.04 Lakh
EBITDA margin 2.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹57 Lakh
Issued & subscribed
Open charges
₹7.48 Cr
Satisfied ₹47.66 Lakh
Company age
15 yrs
Est. 2011
Employees · EPFO
36
Provident fund records
About Novel Seeds Private Limited
Data last updated:
Novel Seeds Private Limited is a private limited company based in Jalgaon, Maharashtra, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 30 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01112MH2011PTC216904. Its GSTIN is 27AADCN6097Q1ZK (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹57 Lakh. It is led by directors including Sanket Suresh Patil and Tushar Dilip Deshmukh.
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 211 Iind Floor Jilha Peth B/H Sbi Gandhi Nagar, Jalgaon, Maharashtra, India – 425001.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.28 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹23.71 Lakh (net margin 0.8%) and EBITDA of ₹83.04 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 27% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Novel Seeds. As per MCA filings, the company has open charges of ₹7.48 Cr and satisfied charges of ₹47.66 Lakh on record. Court records list 17 cases involving the company, including 7 filed by the company and 10 filed against it; 11 cases are pending.
Novel Seeds Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-14-0004152). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novelseeds.com.
Company details
CIN U01112MH2011PTC216904
Registration Number 216904
Incorporation Date 30 April 2011
ROC Mumbai
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-MH-14-0004152
Key People
Sanket Suresh Patil Director Tushar Dilip Deshmukh Director Jeetendra Jaysing Solanki Director Recognitions & Rankings of Novel Seeds
Contact details
Novel Seeds Private Limited's registered office is in Jalgaon, Maharashtra. Its website is novelseeds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address211 Iind Floor Jilha Peth B/H Sbi Gandhi Nagar, Jalgaon, Maharashtra, India – 425001
- IndustryAgriculture, Seed Production & Distribution, Fertilizers & Soil Enhancers
To see the full contact details of Novel Seeds Private Limited, buy the company report.
Comprehensive company report
Novel 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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Secure checkout · GST invoice included
Brands
Novel Seeds operates one associated brand: Novel Seeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers innovative seeds and fertilizers to enhance farmer yields and crop performance. | novelseeds.com |
Business activity
The main business activity of Novel 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 Novel Seeds Private Limited, buy the company report.
Financials of Novel Seeds Private Limited
FY 2025 filings availableNovel Seeds Private Limited reported revenue of ₹29.28 Cr (up 58% YoY) for FY 2025.
Revenue · FY 2025
₹29.28 Cr ▲ 58%
Net profit · FY 2025
₹23.71 Lakh margin 0.8%
EBITDA · FY 2025
₹83.04 Lakh margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 30%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 58% growth in the latest year. EBITDA fell 7% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹83.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.71 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 2.8% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Novel Seeds Private Limited, buy the company report.
Board of directors of Novel Seeds Private Limited
Novel Seeds has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanket Suresh Patil | Director | 01 Jun 2016 | 10 Years 4 Months | Current |
| Tushar Dilip Deshmukh | Director | 01 Jun 2016 | 10 Years 4 Months | Current |
| Jeetendra Jaysing Solanki | Director | 01 Jun 2016 | 10 Years 4 Months | Current |
| Narendrasingh Mukhtyarsingh Suryawanshi | Director | 01 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Novel Seeds Private Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Fertilizers, Seeds), with the same principal business activity (support activities to agriculture and other activities including hunting), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nutrihub India Private Limited | ₹29.62 Cr (FY 2024) | 63.0% | Nashik, Maharashtra, India | |||
| Novel Seeds Private Limitedthis company | ₹29.28 Cr (FY 2025) | ₹23.71 Lakh | 0.8% | 58.0% | 36 | Jalgaon, Maharashtra, India |
| Krushisharang Agriclinic Private Limited | ₹29.08 Cr (FY 2025) | 138.0% | Ahmedabad, Gujarat, India | |||
| Akshay Seeds Private Limited | ₹29.03 Cr (FY 2024) | 11.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Novel Seeds Private Limited, buy the company report.
Auditor
Novel Seeds Private Limited is audited by KASAT TOTALA ACHALIYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KASAT TOTALA ACHALIYA & ASSOCIATES | FY 2023 | 122625W |
Shareholding
The shareholding of Novel 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 Novel Seeds Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.48 Cr
Satisfied charges
₹47.66 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2025 | 101148797 | Others | ₹2 Cr | Open | |
| 04 Oct 2024 | 100983381 | Others | ₹22 Lakh | Open | |
| 31 Jan 2022 | 100550099 | Others | ₹35 Lakh | Open | |
| 10 Aug 2020 | 100383953 | Others | ₹11.5 Lakh | Open | |
| 19 Jun 2020 | 100383959 | Others | ₹29 Lakh | Open |
To see the full charge records of Novel Seeds Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Novel Seeds Private Limited has 17 court cases on record: 7 filed by Novel Seeds, 10 filed against it. 11 cases are pending and 6 are disposed.
Total cases
17
Filed by the company
7
Filed against the company
10
Pending
11
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 10 | 11 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by State Government Through District Quality Control Inspector Sambhaji Vithoba Shenave | Pending |
| District court, Solapur, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra Through Balu Dashrath Bagal | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Jadhav Agro Egency Kadava Karkhana Through Mr Dnyaneshvar Manik Jadhav | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Gadchiroli, Maharashtra | Civil suit | Filed against the company by State of Maharashtra Through Quality Control Inspector | Pending |
To see the full case history of Novel 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
Novel Seeds Private Limited has 7 MSME Form 1 returns on record between 2019 and 2021, listing 109 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Littles Agrivet Private Limited | |||
| B Joshi Agrochem | |||
| Roop Rasayan Industries Private Limited | |||
| Universal Speciality Chemicals Private Limited | |||
| Integrated Coating and Seed Technology India Private Limited |
To see the full MSME payment records of Novel Seeds Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Novel Seeds Private Limited has a workforce of 36 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
36
Active EPFO establishments
1
Employee growth
9.09%
GST
Novel Seeds has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN6097Q1ZK | Maharashtra | Active | 01 Jul 2017 |
| 29AADCN6097Q1ZG | Karnataka | Active | 01 Dec 2022 |
| 36AADCN6097Q1ZL | Telangana | Active | 21 Jun 2023 |
To see the full GST registrations and return filing status of Novel Seeds Private Limited, buy the company report.
Recent activity
Novel Seeds Private Limited has 8 board changes on record since 2011: 6 appointments and 2 cessations. The latest: Gotu Madhavrao Patil ceased to be Director on 15 Jun 2016.
AGM
Novel Seeds Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 25 Feb 2020 via Charge ID 100339866 with Others was fully satisfied on 25 Sep 2025.
Charges
A charge registered on 07 Aug 2020 via Charge ID 100373982 with Axis Bank Limited was fully satisfied on 24 Sep 2025.
Charges
A charge with Others of Rs. 2.00 Cr registered on 12 Aug 2025 with Charge ID 101148797 was modified on 11 Sep 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101148797 was registered on 12 Aug 2025.
Filing
Novel Seeds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100983381 was registered on 04 Oct 2024.
Charges
A charge with Others of Rs. 4.50 Cr registered on 05 Aug 2016 with Charge ID 100047127 was modified on 04 Oct 2024.
Charges
A charge registered on 20 Apr 2020 via Charge ID 100395362 with Others was fully satisfied on 01 Nov 2022.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100550099 was registered on 31 Jan 2022.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100383953 was registered on 10 Aug 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100373982 was registered on 07 Aug 2020.
13 earlier events are in the company report.
Frequently asked questions
Novel Seeds is an active private limited company based in Jalgaon, Maharashtra, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 30 April 2011 (15+ years old) and is registered under CIN U01112MH2011PTC216904.
Novel Seeds has 4 current directors:
- Sanket Suresh Patil - Director
- Tushar Dilip Deshmukh - Director
- Jeetendra Jaysing Solanki - Director
- Narendrasingh Mukhtyarsingh Suryawanshi - Director
The latest financial statements of Novel 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 2015 are in the company report.
The GSTIN of Novel Seeds is 27AADCN6097Q1ZK, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 29AADCN6097Q1ZG (Karnataka), 36AADCN6097Q1ZL (Telangana).
The CIN (Corporate Identification Number) of Novel Seeds is U01112MH2011PTC216904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novel Seeds has 17 court cases on record: 7 filed by the company and 10 filed against it. 11 are pending.
Novel Seeds was incorporated on 30 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Novel Seeds by revenue are Nutrihub India Private Limited, Krushisharang Agriclinic Private Limited, Akshay Seeds Private Limited, all in the Agriculture industry (Fertilizers, Seeds), with the same principal business activity (support activities to agriculture and other activities including hunting).
Gotu Madhavrao Patil ceased to be Director on 15 Jun 2016. Suresh Sandu Patil ceased to be Director on 15 Jun 2016. Jeetendra Jaysing Solanki was appointed as Director on 01 Jun 2016. Novel Seeds has 8 board changes on record in total.
Yes, Novel Seeds is registered as a small enterprise under Udyam registration (number: UDYAM-MH-14-0004152).
Novel Seeds has 7 MSME Form 1 returns on record between 2019 and 2021, listing 109 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 Jun 2021.
Novel Seeds can be reached through the website novelseeds.com. Its registered office is in Jalgaon, Maharashtra, India.