Maharashtra State Seeds Corporation Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.18 Cr
- Company Age 48 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.00 Cr
- Satisfied Charges ₹ 145.31 Cr
- Revenue Growth -11.38%
- Profit Growth -39.11%
- Ebitda -114.56%
- Net Worth 3.28%
- Total Assets -0.86%
About Maharashtra State Seeds Corporation
Maharashtra State Seeds Corporation Limited (MSSCL) is a leading Public Limited State Government Company incorporated in India on 28 April 1976 and has a history of 48 years and nine months. Its registered office is in Akola, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 4.18 Cr.
The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹145.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maharashtra State Seeds Corporation Limited India is Vinay Verma as COMPANY SECRETARY. Vallabhrao Deshmukh, Jayashree Bhoj, Pradeep Patnaik, and Four other members serve as directors at the Company.
Company Details
- Location
Akola, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U01200MH1976SGC018990
- Company No.
018990
- Company Classification
Public Limited State Government Company
- Incorporation Date
28 Apr 1976
- Date of AGM
16 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Maharashtra State Seeds Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yogesh Kumbhejkar | Managing Director | 23-Sep-2024 | Current |
Vinay Verma  | Company Secretary | 12-Dec-2014 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vallabhrao Deshmukh | Nominee Director | 21-Jan-2018 | Current |
| Jayashree Bhoj | Nominee Director | 09-Oct-2024 | Current |
| Pradeep Patnaik | Nominee Director | 10-Apr-2024 | Current |
| Ranjeet Sapkal | Nominee Director | 29-Sep-2022 | Current |
| Maninder Dwivedi | Nominee Director | 04-Dec-2022 | Current |
| Hemant Chimurkar | Nominee Director | 21-Dec-2022 | Current |
Financial Performance of Maharashtra State Seeds Corporation.
Maharashtra State Seeds Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.38% decrease. The company also saw a substantial fall in profitability, with a 39.11% decrease in profit. The company's net worth moved up by a moderate rise of 3.28%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Maharashtra State Seeds Corporation?
In 2023, Maharashtra State Seeds Corporation had a promoter holding of 84.44% and a public holding of 15.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rajasthan State Seeds Corporation LimitedPradeep Patnaik is a mutual person
Maharashtra Tourism Development Corporation LimitedJayashree Bhoj is a mutual person
Maharashtra Information Technology Corporation LimitedJayashree Bhoj is a mutual person
Karnataka State Seeds Corporation LimitedManinder Dwivedi is a mutual person
Haryana Seeds Development Corporation LimitedManinder Dwivedi is a mutual person
National Seeds Corporation LimitedManinder Dwivedi is a mutual person
Charges (Loans)
₹50.00 Cr
₹145.31 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2020 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 25 Nov 2004 | Bank Of Maharashtra | ₹20.00 Cr | Satisfied |
| 23 Apr 2003 | Bank Of India | ₹10.00 Cr | Satisfied |
| 16 Mar 2002 | State Bank Of India | ₹27.07 Cr | Satisfied |
| 18 Mar 1996 | State Bank Of India | ₹20.50 Cr | Satisfied |
How Many Employees Work at Maharashtra State Seeds Corporation?
Maharashtra State Seeds Corporation has a workforce of 641 employees as of Oct 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Maharashtra State Seeds Corporation, 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 Maharashtra State Seeds Corporation's trajectory.
Rating
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
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.
