Novel Seeds Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.70 M
- Company Age 13 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.75 Cr
- Satisfied Charges ₹ 2.00 M
- Revenue Growth 37.08%
- Profit Growth -23.85%
- Ebitda -7.61%
- Net Worth 9.97%
- Total Assets 36.75%
About Novel Seeds
Novel Seeds Private Limited (NSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 2011 and has a history of 13 years and nine months. Its registered office is in Jalgaon, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.70 M.
The company currently has active open charges totaling ₹5.75 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.
Sanket Patil, Tushar Deshmukh, Narendrasingh Suryawanshi, and One other member serve as directors at the Company.
Company Details
- Location
Jalgaon, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U01112MH2011PTC216904
- Company No.
216904
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Apr 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Novel Seeds Private Limited offer?
Novel Seeds Private Limited offers a wide range of products and services, including Seeds and Plant Saplings, Vegetable Seeds, Hybrid Seeds.
Who are the key members and board of directors at Novel Seeds?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tushar Deshmukh  | Director | 01-Jun-2016 | Current |
| Sanket Patil | Director | 01-Jun-2016 | Current |
| Narendrasingh Suryawanshi | Director | 01-Jun-2016 | Current |
| Jeetendra Solanki | Director | 01-Jun-2016 | Current |
Financial Performance of Novel Seeds.
Novel Seeds Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.08% increase. The company also saw a substantial fall in profitability, with a 23.85% decrease in profit. The company's net worth moved up by a moderate rise of 9.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Novel Seeds?
In 2023, Novel Seeds had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Farmia Agritech Producer Company LimitedSanket Patil, Tushar Deshmukh and 1 more are mutual person
- S.S.P. Agro Private Limited
Sanket Patil is a mutual person
- Ssn Promoters And Builders Private Limited
Sanket Patil is a mutual person
- Technotux It-Solutions Private Limited
Tushar Deshmukh is a mutual person
- J. J. Agro Food Tech Private Limited
Jeetendra Solanki is a mutual person
Charges (Loans)
₹5.75 Cr
₹0.20 Cr
Charges Breakdown by Lending Institutions
- Others : 5.68 Cr
- Axis Bank Limited : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2024 | Others | ₹2.20 M | Open |
| 31 Jan 2022 | Others | ₹3.50 M | Open |
| 10 Aug 2020 | Others | ₹1.15 M | Open |
| 07 Aug 2020 | Axis Bank Limited | ₹0.67 M | Open |
| 19 Jun 2020 | Others | ₹2.90 M | Open |
How Many Employees Work at Novel Seeds?
Novel Seeds has a workforce of 36 employees as of Apr 01, 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 Novel 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 Novel Seeds'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.
