- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-49-0004122

About Vardaan Biotech Limited
Data last updated:
Vardaan Biotech Limited is a public limited company based in Ujjain, Madhya Pradesh, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 20 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15495MP2007PLC020132. Its GSTIN is 23AACCV7434J1Z8 (Madhya Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹14.17 Cr. It was formerly known as Vardaan Biotech Private Limited. It is led by directors including Rashmi Rajput (Managing Director) and Tanushka Singh.
Its last annual general meeting (AGM) was held on 22 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 2/1 Mahananda Nagar Dewas Road, Ujjain, Madhya Pradesh, India – 456010.
As per the financials filed for FY 2024, the company reported a revenue of ₹140.59 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹16.6 Cr (net margin 11.8%) and EBITDA of ₹25.94 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 48% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vardaanbiotech. As per MCA filings, the company has open charges of ₹18.5 Cr and satisfied charges of ₹53.66 Cr on record. Court records list 28 cases involving the company, including 4 filed by the company and 24 filed against it; 16 cases are pending. The company has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹92 Lakh; the latest was in January 2023. Its 3 peer companies in the Agriculture industry (Seeds), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Star Agriseeds Private Limited with revenue of ₹147.69 Cr.
Vardaan Biotech Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-49-0004122). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vardaanbiotech.com.
Company details
CIN history
Vardaan Biotech has one previous CIN (Corporate Identification Number): U15495MP2007PTC020132. The current CIN is U15495MP2007PLC020132, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15495MP2007PLC020132 | Current |
| U15495MP2007PTC020132 | Previous |
Recognitions & Rankings of Vardaan Biotech
Contact details
Vardaan Biotech Limited's registered office is in Ujjain, Madhya Pradesh. Its website is vardaanbiotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 2/1 Mahananda Nagar Dewas Road, Ujjain, Madhya Pradesh, India – 456010
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Vardaan Biotech 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
Vardaan Biotech operates one associated brand: Vardaanbiotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and sells high-quality seeds for crops like soyabean, maize, wheat, and vegetables. | vardaanbiotech.com |
Business activity
The main business activity of Vardaan Biotech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vardaan Biotech Limited, buy the company report.
Financials of Vardaan Biotech Limited
FY 2024 filings availableVardaan Biotech Limited reported revenue of ₹140.59 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 8% growth in the latest year. EBITDA rose 40% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹25.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.6 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.5% | ||||
| Net Profit Margin | 11.8% | ||||
| 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 Vardaan Biotech Limited, buy the company report.
Board of directors of Vardaan Biotech Limited
Vardaan Biotech has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanushka Singh Also directs: Herbature Private Limited | Director | 27 Jul 2024 | 2 Years 2 Months | Current |
| Ashok Kumar Rajput | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Rashmi Rajput Also directs: LSR Agro Industries Private Limited | Managing Director | 20 Dec 2007 | 18 Years 10 Months | Current |
Peer comparison
Vardaan Biotech Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Seeds), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Star Agriseeds Private Limited | ₹147.69 Cr (FY 2025) | 49.0% | Sri Ganganagar, Rajasthan, India | |||
| Vardaan Biotech Limitedthis company | ₹140.59 Cr (FY 2024) | ₹16.6 Cr | 11.8% | 8.0% | 69 | Ujjain, Madhya Pradesh, India |
| Kedar Seeds Traders Private Limited | ₹139.05 Cr (FY 2025) | -33.0% | Mehsana, Gujarat, India | |||
| KSV Oils & Seeds Private Limited | ₹138.48 Cr (FY 2024) | 79.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Vardaan Biotech Limited, buy the company report.
Auditor
Vardaan Biotech Limited is audited by S K KHANDELWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K KHANDELWAL & ASSOCIATES | FY 2023 | 002305C |
Shareholding
The shareholding of Vardaan Biotech Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vardaan Biotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2021 | 100524830 | Others | ₹18.37 Cr | Open | |
| 30 Jul 2021 | 100467740 | Hdfc Bank Limited | ₹13 Lakh | Open | |
| 23 Oct 2021 | 100499616 | Others | ₹70 Lakh | Satisfied | |
| 30 Jul 2021 | 100464639 | Others | ₹1.5 Cr | Satisfied | |
| 12 May 2021 | 100449014 | Hdfc Bank Limited | ₹12.46 Cr | Satisfied |
To see the full charge records of Vardaan Biotech Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Vardaan Biotech Limited has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹92 Lakh; the latest was in January 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| May 2020 | Rights issue | ₹1.32 Cr | Investors: 3 individuals |
| May 2018 | Funding round | ₹72 Lakh | Investors: 3 individuals |
To see the full deal history of Vardaan Biotech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vardaan Biotech Limited has 28 court cases on record: 4 filed by Vardaan Biotech, 24 filed against it. 16 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 24 | 16 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by M/S Four Corners Multimedia Private Ltd. | Pending |
| District court, Ujjain, Madhya Pradesh | Court case (SC NIA) | Filed by the company against M/S Maa Sharda Traders and 1 other | Pending |
| District court, Ujjain, Madhya Pradesh | Court case (UN CR) | Filed by the company against Mahaveer Agro Bihar Sharif Through Proprietor Shivdev Sharma and 1 other | Pending |
| District court, Parbhani, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Pending |
| District court, Wardha, Maharashtra | Civil suit | Filed against the company by State (Taluka Krushi Office Wardha) | Pending |
To see the full case history of Vardaan Biotech 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
No delayed payments to MSME suppliers are on our record for Vardaan Biotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vardaan Biotech Limited has a workforce of 69 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Vardaan Biotech has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCV7434J1Z8 | Madhya Pradesh | Active | 01 Jul 2017 |
| 29AACCV7434J1ZW | Karnataka | Active | 05 Feb 2022 |
To see the full GST registrations and return filing status of Vardaan Biotech Limited, buy the company report.
Recent activity
Vardaan Biotech Limited has 13 board changes on record since 2007: 3 appointments and 10 cessations. The latest: Aman Nayak ceased to be Director on 28 Nov 2024.
22 earlier events are in the company report.
Frequently asked questions
Vardaan Biotech is an active public limited company based in Ujjain, Madhya Pradesh, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 20 December 2007 (19+ years old) and is registered under CIN U15495MP2007PLC020132.
Vardaan Biotech has 3 current directors:
- Rashmi Rajput - Managing Director
- Tanushka Singh - Director
- Ashok Kumar Rajput - Director
The latest financial statements of Vardaan Biotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 22 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vardaan Biotech is 23AACCV7434J1Z8, registered in Madhya Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AACCV7434J1ZW (Karnataka).
The CIN (Corporate Identification Number) of Vardaan Biotech is U15495MP2007PLC020132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardaan Biotech has 28 court cases on record: 4 filed by the company and 24 filed against it. 16 are pending.
Vardaan Biotech was incorporated on 20 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Gwalior.
Vardaan Biotech has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹92 Lakh; the latest was in January 2023.
The peers of Vardaan Biotech by revenue are Star Agriseeds Private Limited, Kedar Seeds Traders Private Limited, KSV Oils & Seeds Private Limited, all in the Agriculture industry (Seeds), with the same principal business activity (wholesale trading).
Aman Nayak ceased to be Director on 28 Nov 2024. Manish Joshi ceased to be Director on 28 Nov 2024. Ashok Kumar Rajput ceased to be Additional Director on 21 Aug 2024. Vardaan Biotech has 13 board changes on record in total.
Yes, Vardaan Biotech is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-49-0004122).