Sethi Seeds India Private Limited

Sethi Seeds India Private Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U01100MP2010PTC023351 Incorporated 08 April 2010 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company agriculture MSME · Medium
Data last updated
Revenue · FY 2025
₹1.04 Lakh
▼ 100% YoY
Net loss · FY 2025
₹62.23 Lakh
Latest filing
EBITDA · FY 2025
-₹21.03 Lakh
Latest filing
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹23.9 Cr
Satisfied ₹20.8 Cr
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

About Sethi Seeds India Private Limited

Data last updated:

Sethi Seeds India Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 08 April 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01100MP2010PTC023351. Its GSTIN is 23AAOCS4666D1Z8 (Madhya Pradesh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Asha Sethi and Kamlesh Kumar Sethi.

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 Indore, Madhya Pradesh.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹62.23 Lakh and EBITDA of -₹21.03 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 95% over three years and 82% over five years.

The company is associated with 1 brand: Sethi Seeds India. As per MCA filings, the company has open charges of ₹23.9 Cr and satisfied charges of ₹20.8 Cr on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 2 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹82.6 Lakh; the latest was in December 2022. The company has 3 MSME Form 1 returns on record between 2021 and 2022, listing 12 overdue payments to 6 micro and small suppliers.

Sethi Seeds India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-27-0001266). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sethiseeds.com.

Company details

CIN U01100MP2010PTC023351
Registration Number 023351
Incorporation Date 08 April 2010
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-27-0001266
Key People
Asha Sethi Director Kamlesh Kumar Sethi Director

Recognitions & Rankings of Sethi Seeds India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MP-27-0001266

Contact details

Sethi Seeds India Private Limited's registered office is in Indore, Madhya Pradesh. Its website is sethiseeds.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sethiseeds.com
  • Social Media
  • Registered Address
    112 – A Bansi Trade Centre, 581/5 M.G. Road, Indore, Madhya Pradesh, India – 452001
  • Industry
    Agriculture, Seed Production & Distribution

To see the full contact details of Sethi Seeds India Private Limited, buy the company report.

Comprehensive company report
Sethi Seeds India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Sethi Seeds India operates one associated brand: SETHI SEEDS INDIA. Each brand links to its own profile.

BrandDescriptionWebsite
SETHI SEEDS INDIA
Online togel services and gambling platform in Indonesia.sethiseeds.com

Business activity

The main business activity of Sethi Seeds India is agriculture, forestry, fishing. In detail, this covers production of crops and animals.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
AAgriculture, forestry, fishingA1Production of crops and animals

To see the full business activity and turnover split of Sethi Seeds India Private Limited, buy the company report.

Financials of Sethi Seeds India Private Limited

FY 2024 filings available

Sethi Seeds India Private Limited reported revenue of ₹1.04 Lakh (down 100% YoY) for FY 2025.

Revenue · FY 2025
₹1.04 Lakh ▼ 100%
Net loss · FY 2025
₹62.23 Lakh
EBITDA · FY 2025
-₹21.03 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 95%
5 years · compounded
▼ 82%
EBITDA CAGR growth
1 year
▼ 120%
3 years · compounded
▼ 28%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 82% over five years. EBITDA fell 120% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹21.03 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹62.23 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin
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 Sethi Seeds India Private Limited, buy the company report.

Board of directors of Sethi Seeds India Private Limited

Sethi Seeds India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Asha Sethi
Also directs: Sethi Agritech Private Limited, Namokaar Heights Private Limited
Director18 Sep 20215 Years 1 MonthsCurrent
Kamlesh Kumar Sethi
Also directs: Sethi Agritech Private Limited, Namokaar Heights Private Limited, Speedgro Agro Overseas LLP
Director08 Apr 201016 Years 6 MonthsCurrent
View all directors

Auditor

Sethi Seeds India Private Limited is audited by Manish Kadwane & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Manish Kadwane & Co.FY 2022010496C

Shareholding

The shareholding of Sethi Seeds India 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sethi Seeds India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹23.9 Cr
Satisfied charges
₹20.8 Cr
Breakdown by lending institutions
State Bank of India₹23.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Aug 2017100162124State Bank of India₹23.9 CrOpen
15 Mar 2022100547500Others₹6 CrSatisfied
02 Jan 2020100312309Others₹1 CrSatisfied
15 Jul 201310439400Icici Bank Limited₹80 LakhSatisfied
30 Dec 201010259478Icici Bank Limited₹13 CrSatisfied

To see the full charge records of Sethi Seeds India Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Sethi Seeds India Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹82.6 Lakh; the latest was in December 2022.

Total deals
4
Secondary share transfers
2
Funding round
1
Rights issue
1
Disclosed funding
₹82.6 Lakh

Deals on record (4 of 4)

WhenDealAmountParties
Dec 2022Rights issue₹1.54 CrInvestors: 2 individuals
Mar 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2012Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 3 individuals
May 2010Funding round₹82.6 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Sethi Seeds India Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 12 overdue payments to 6 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 6)

SupplierAmount dueDue sinceReported on
Namo Polypack Haidarpur, Khandwa
Hari Om Printing Enterprises , Indore
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Sethi Seeds India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Sethi Seeds India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
23AAOCS4666D1Z8Madhya PradeshActive01 Jul 2017
27AAOCS4666D1Z0MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Sethi Seeds India Private Limited, buy the company report.

Recent activity

Sethi Seeds India Private Limited has 8 board changes on record since 2010: 5 appointments and 3 cessations. The latest: Aakash Sethi ceased to be Director on 18 Sep 2021.

AGM
Sethi Seeds India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sethi Seeds India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge registered on 02 Jan 2020 via Charge ID 100312309 with Others was fully satisfied on 13 Mar 2023.
Charges
A charge registered on 15 Mar 2022 via Charge ID 100547500 with Others was fully satisfied on 04 Feb 2023.
Charges
A charge with State Bank Of India of Rs. 23.90 Cr registered on 23 Aug 2017 with Charge ID 100162124 was modified on 13 Dec 2022.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100547500 was registered on 15 Mar 2022.
Ceased
Aakash Sethi ceased to be Director.
Appointed
Asha Sethi was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100312309 was registered on 02 Jan 2020.
Charges
A charge registered on 15 Jul 2013 via Charge ID 10439400 with Icici Bank Limited was fully satisfied on 17 Dec 2019.
Charges
A charge registered on 30 Dec 2010 via Charge ID 10259478 with Icici Bank Limited was fully satisfied on 13 Dec 2017.
Charges
A charge with State Bank Of India amounted to Rs. 23.90 Cr with Charge ID 100162124 was registered on 23 Aug 2017.

10 earlier events are in the company report.

Frequently asked questions

Sethi Seeds India is an active private limited company based in Indore, Madhya Pradesh, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 08 April 2010 (16+ years old) and is registered under CIN U01100MP2010PTC023351.

Sethi Seeds India has 2 current directors:

The latest financial statements of Sethi Seeds India 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 Sethi Seeds India is 23AAOCS4666D1Z8, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAOCS4666D1Z0 (Maharashtra).

The CIN (Corporate Identification Number) of Sethi Seeds India is U01100MP2010PTC023351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sethi Seeds India has 13 court cases on record: 2 filed by the company and 11 filed against it. 2 are pending.

Sethi Seeds India was incorporated on 08 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.

Sethi Seeds India has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹82.6 Lakh; the latest was in December 2022.

Aakash Sethi ceased to be Director on 18 Sep 2021. Asha Sethi was appointed as Director on 18 Sep 2021. Ajay Kumar Chourey ceased to be Director on 21 Jan 2017. Sethi Seeds India has 8 board changes on record in total.

Yes, Sethi Seeds India is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-27-0001266).

Sethi Seeds India has 3 MSME Form 1 returns on record between 2021 and 2022, listing 12 overdue payments to 6 micro and small suppliers. The latest return was filed on 28 Oct 2022.