Novel Seeds Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.70 M
- Company Age 14 Year, 4 Days
- 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 14 years. 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
Agriculture
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.
Novel Seeds Private Limited
Explore comprehensive data for Novel Seeds Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
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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)
Open Charges
₹5.75 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Novel Seeds
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100983381 was registered on 04 Oct 2024.
- Charges
A charge with Others of Rs. 4.50 Cr registered on 05 Aug 2016 with Charge ID 100047127 was modified on 04 Oct 2024.
- Annual General Meeting
Novel Seeds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Novel Seeds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 20 Apr 2020 via Charge ID 100395362 with Others was fully satisfied on 01 Nov 2022.
- Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100550099 was registered on 31 Jan 2022.
Frequently asked questions
What is the Incorporation or founding date of Novel Seeds Private Limited?
Novel Seeds Private Limited was incorporated on 30 Apr 2011.
What is authorized share capital and paid-up capital of Novel Seeds Private Limited?
The authorized share capital of Novel Seeds Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.70 M.
Who are the current board members & directors of Novel Seeds Private Limited?
Currently 4 directors are associated with Novel Seeds Private Limited.
- Sanket Suresh Patil
- Tushar Dilip Deshmukh
- Narendrasingh Mukhtyarsingh Suryawanshi
- Jeetendra Jaysing Solanki
What is the registered address of Novel Seeds Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Novel Seeds Private Limited is 211 Iind Floor Jilha Peth, B/H Sbi Gandhi Nagar India, Jalgaon, Maharashtra, 425001.
What is the corporate identification number (CIN) and company number of Novel Seeds Private Limited?
The corporate identification number (CIN) of Novel Seeds Private Limited is U01112MH2011PTC216904 and the company number is 216904 as per Ministry of Corporate Affairs (MCA).
What is the official website of Novel Seeds Private Limited?
The Official website of Novel Seeds Private Limited is https://www.novelseeds.com
What has been the recent revenue trend for Novel Seeds Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Novel Seeds Private Limited has risen by 37.08%.
How many employees does Novel Seeds Private Limited currently have?
As Per 2023 financial reports, 36 employees are currently employed by Novel Seeds Private Limited.
What change has been observed in the net worth of Novel Seeds Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Novel Seeds Private Limited has experienced an upsurge of 9.97%.
What are the total open charges for Novel Seeds Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Novel Seeds Private Limited amount to ₹ 5.75 Cr.
When was the last Balance Sheet of Novel Seeds Private Limited filed with the ROC?
The most recent Balance Sheet for Novel Seeds Private Limited was filed with the ROC on 31 Mar 2024.
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