Maharashtra State Seeds Corporation Limited

Produces, processes, and markets certified seeds of various crops and varieties.

1976 | Akola, Maharashtra (India) | Active
Last Updated:

Maharashtra State Seeds Corporation Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.18 Cr
  • Company Age 48 Year, 10 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 ten 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

    mahabeej.com

  • 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

Agriculture

Who are the key members and board of directors at Maharashtra State Seeds Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Yogesh Kumbhejkar Managing Director23-Sep-2024Current
Vinay Verma Country flag representing In Company Secretary12-Dec-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Vallabhrao Deshmukh Country flag representing In Nominee Director 21-Jan-2018Current
Jayashree Bhoj Country flag representing In Nominee Director 09-Oct-2024Current
Pradeep Patnaik Country flag representing In Nominee Director 10-Apr-2024Current
Ranjeet Sapkal Nominee Director 29-Sep-2022Current
Maninder Dwivedi Country flag representing In Nominee Director 04-Dec-2022Current
Hemant Chimurkar Country flag representing In Nominee Director 21-Dec-2022Current

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%.

Maharashtra State Seeds Corporation revenue growth over time
Maharashtra State Seeds Corporation 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
-11.38%
Revenue from Operations
-11.69%
Total Assets
-0.86%
Profit or Loss
-39.11%
Net Worth
3.28%
EBITDA
-114.56%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 Cr

Satisfied Charges

₹145.31 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2020Hdfc Bank Limited₹50.00 CrOpen
25 Nov 2004Bank Of Maharashtra₹20.00 CrSatisfied
23 Apr 2003Bank Of India₹10.00 CrSatisfied
16 Mar 2002State Bank Of India₹27.07 CrSatisfied
18 Mar 1996State Bank Of India₹20.50 CrSatisfied

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.

Employee growth trends for Maharashtra State Seeds Corporation Limited

Deals i

Graph showing company valuation over time

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

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 Maharashtra State Seeds Corporation

Recent activity within the organization

  • Director Appointment

    Jayashree Shrikant Bhoj was appointed as a Nominee Director was appointed as a Nominee Director on 09 Oct 2024 & has been associated with this company since 4 months 23 days .

  • Director Appointment

    Yogesh Vijay Kumbhejkar was appointed as a Managing Director was appointed as a Managing Director on 23 Sep 2024 & has been associated with this company since 5 months 8 days .

  • Director Appointment

    Pradeep Kumar Patnaik was appointed as a Nominee Director was appointed as a Nominee Director on 10 Apr 2024 & has been associated with this company since 10 months 21 days .

  • Annual General Meeting

    Maharashtra State Seeds Corporation Limited last Annual general meeting of members was held on 16 Dec 2023 as per latest MCA records.

  • Balance Sheet

    Maharashtra State Seeds Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Ranjeet Nilkanthrao Sapkal was appointed as a Nominee Director was appointed as a Nominee Director on 29 Sep 2022 & has been associated with this company since 2 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Maharashtra State Seeds Corporation Limited?

    Maharashtra State Seeds Corporation Limited was incorporated on 28 Apr 1976.

  • What is authorized share capital and paid-up capital of Maharashtra State Seeds Corporation Limited?

    The authorized share capital of Maharashtra State Seeds Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.18 Cr.

  • Who are the current board members & directors of Maharashtra State Seeds Corporation Limited?

    Currently 8 directors are associated with Maharashtra State Seeds Corporation Limited.

    • Vallabhrao Tejrao Deshmukh
    • Jayashree Shrikant Bhoj
    • Pradeep Kumar Patnaik
    • Ranjeet Nilkanthrao Sapkal
    • Maninder Kaur Dwivedi
    • Hemant Champatrao Chimurkar
    • Yogesh Vijay Kumbhejkar
    • Vinay Harishanker Verma

  • What is the registered address of Maharashtra State Seeds Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra State Seeds Corporation Limited is Mahabeej Bhavankrishi Nagar India, Akola, Maharashtra, 444104.

  • What is the corporate identification number (CIN) and company number of Maharashtra State Seeds Corporation Limited?

    The corporate identification number (CIN) of Maharashtra State Seeds Corporation Limited is U01200MH1976SGC018990 and the company number is 018990 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Maharashtra State Seeds Corporation Limited?

    The Official website of Maharashtra State Seeds Corporation Limited is https://www.mahabeej.com

  • What has been the recent revenue trend for Maharashtra State Seeds Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Maharashtra State Seeds Corporation Limited has fallen by -11.38%.

  • How many employees does Maharashtra State Seeds Corporation Limited currently have?

    As Per 2023 financial reports, 641 employees are currently employed by Maharashtra State Seeds Corporation Limited.

  • What change has been observed in the net worth of Maharashtra State Seeds Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Maharashtra State Seeds Corporation Limited has experienced an upsurge of 3.28%.

  • What are the total open charges for Maharashtra State Seeds Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Maharashtra State Seeds Corporation Limited amount to ₹ 50.00 Cr.

  • When was the last Balance Sheet of Maharashtra State Seeds Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Maharashtra State Seeds Corporation Limited was filed with the ROC on 31 Mar 2023.

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