Corntech Seeds Private Limited

Specializes in trading a variety of hybrid seeds for agriculture, including maize, paddy, bhendi, and more.

2017 | Hyderabad, Telangana (India) | Active
Last Updated:

Corntech Seeds Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 35.91 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth 17.33%
  • Profit Growth 37.28%
  • Ebitda 22.90%
  • Net Worth 37.89%
  • Total Assets -0.14%

About Corntech Seeds

Corntech Seeds Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 November 2017 (Seven years and six months 0 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹35.91 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkateswarlu Yaganti, Dhulipudi Mohan, Prithvi Jujjavarapu, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01114TG2017PTC120531

  • Company No.

    120531

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Agriculture
Company report

Corntech Seeds Private Limited

Explore comprehensive data for Corntech Seeds Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Corntech Seeds?

Board Members (6)

NameDesignationAppointment DateStatus
Venkateswarlu Yaganti Country flag representing In Additional Director 29-Aug-2022Current
Dhulipudi Mohan Country flag representing In Director 01-Feb-2020Current
Prithvi Jujjavarapu Country flag representing In Director 18-Aug-2020Current
Satyanarayana Jonnalagadda Country flag representing In Additional Director 04-Mar-2021Current
Laxmi Yaganti Country flag representing In Director 14-Jul-2018Current
Manoj Singh Country flag representing In Director 14-Oct-2021Current

Financial Performance of Corntech Seeds.

Corntech Seeds Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.33% increase. The company also saw a substantial improvement in profitability, with a 37.28% increase in profit. The company's net worth Soared by an impressive increase of 37.89%.

Corntech Seeds revenue growth over time
Corntech Seeds profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.33%
Revenue from Operations
17.65%
Total Assets
-0.14%
Profit or Loss
37.28%
Net Worth
37.89%
EBITDA
22.90%

What is the Ownership and Shareholding Structure of Corntech Seeds?

In 2023, Corntech Seeds had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.91 Cr

Satisfied Charges

₹5.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 35.80 Cr
  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jun 2024Hdfc Bank Limited₹1.13 MOpen
23 Feb 2023Others₹5.75 CrOpen
23 Feb 2023Others₹30.05 CrOpen
08 Sep 2021Others₹5.00 CrSatisfied

How Many Employees Work at Corntech Seeds?

Corntech Seeds has a workforce of 94 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Corntech Seeds Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Corntech Seeds, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Corntech Seeds's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Corntech Seeds

Recent activity within the organization

  • Annual General Meeting

    Corntech Seeds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100939417 was registered on 21 Jun 2024.

  • Balance Sheet

    Corntech Seeds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with Others of Rs. 30.05 Cr registered on 23 Feb 2023 with Charge ID 100693247 was modified on 29 Feb 2024.

  • Charges

    A charge registered on 08 Sep 2021 via Charge ID 100488095 with Others was fully satisfied on 04 Apr 2023.

  • Charges

    A charge with Others amounted to Rs. 5.75 Cr with Charge ID 100693244 was registered on 23 Feb 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Corntech Seeds Private Limited?

    Corntech Seeds Private Limited was incorporated on 09 Nov 2017.

  • What is authorized share capital and paid-up capital of Corntech Seeds Private Limited?

    The authorized share capital of Corntech Seeds Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Corntech Seeds Private Limited?

    Currently 6 directors are associated with Corntech Seeds Private Limited.

    • Venkateswarlu Yaganti
    • Dhulipudi Venkata Radhakrishna Mohan
    • Prithvi Krishna Jujjavarapu
    • Satyanarayana Jonnalagadda
    • Laxmi Sagar Yaganti
    • Manoj Kumar Singh

  • What is the registered address of Corntech Seeds Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Corntech Seeds Private Limited is Flat No.103 H. No. 8-2-547/1 Road No- 7, Banjara Hills India, Hyderabad, Telangana, 500034.

  • What is the corporate identification number (CIN) and company number of Corntech Seeds Private Limited?

    The corporate identification number (CIN) of Corntech Seeds Private Limited is U01114TG2017PTC120531 and the company number is 120531 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Corntech Seeds Private Limited?

    The Official website of Corntech Seeds Private Limited is https://www.corntechseeds.com

  • What has been the recent revenue trend for Corntech Seeds Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Corntech Seeds Private Limited has risen by 17.33%.

  • How many employees does Corntech Seeds Private Limited currently have?

    As Per 2023 financial reports, 94 employees are currently employed by Corntech Seeds Private Limited.

  • What change has been observed in the net worth of Corntech Seeds Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Corntech Seeds Private Limited has experienced an upsurge of 37.89%.

  • What are the total open charges for Corntech Seeds Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Corntech Seeds Private Limited amount to ₹ 35.91 Cr.

  • When was the last Balance Sheet of Corntech Seeds Private Limited filed with the ROC?

    The most recent Balance Sheet for Corntech Seeds Private Limited was filed with the ROC on 31 Mar 2024.

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