Prasad Seeds Private Limited logo

Prasad Seeds Private Limited

Provides seed processing and turnkey solutions to global seed companies since 1994.
1994 | Hyderabad, Telangana (India) | Active

Last Updated:

July 17, 2024
HomeCompanyPrasad Seeds Private Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Prasad Karumanchi InManaging Director24-Oct-1994Current
Raksha PandeyCompany Secretary22-Oct-2022Current

Board Members(3)

NameDesignationAppointment DateStatus
Hemanth Karumanchi In Director 06-Oct-2011Current
Rama Karumanchi In Director 24-Oct-1994Current
Karthika Karumanchi In Director 28-Oct-2009Current

Financial Performance of Prasad Seeds.

Prasad Seeds Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.75% increase. The company also saw a substantial improvement in profitability, with a 27.71% increase in profit. The company's net worth Soared by an impressive increase of 13.45%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.75%
Revenue from Operations
3.47%
Total Assets
13.81%
Profit or Loss
27.71%
Net Worth
13.45%
EBITDA
-14.68%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹402.35 Cr

₹329.26 Cr

LenderAmountStatus

Citi Bank N.A.

Creation Date: 29 Feb 2024
₹5.00 CrOpen

Citi Bank N.A.

Creation Date: 29 Feb 2024
₹14.20 CrOpen

Hdfc Bank Limited

Creation Date: 26 Dec 2023
₹45.00 CrOpen

How Many Employees Work at Prasad Seeds?

Prasad Seeds has a workforce of 829 employees as of Apr 06, 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.

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Latest Updates, News, and FAQs on Prasad Seeds

Recent activity within the organization

  • Annual General Meeting

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

    30 Mar 2024

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 5.00 Cr with Charge ID 100896885 was registered on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 14.20 Cr with Charge ID 100896887 was registered on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 45.00 Cr with Charge ID 100848886 was registered on 26 Dec 2023.

    26 Dec 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100794846 was registered on 28 Aug 2023.

    28 Aug 2023

  • Charges

    A charge with Others of Rs. 53.00 Cr registered on 17 Apr 2021 with Charge ID 100441466 was modified on 15 Jun 2023.

    15 Jun 2023

Frequently asked questions

  • Prasad Seeds Private Limited was incorporated on 24 Oct 1994.

  • The authorized share capital of Prasad Seeds Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.75 Cr.

  • Currently 5 directors are associated with Prasad Seeds Private Limited.

    • Prasad Karumanchi
    • Hemanth Kumar Karumanchi
    • Rama Devi Karumanchi
    • Karthika Karumanchi
    • Raksha Pandey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prasad Seeds Private Limited is Sy.No.854 Industrial Area Medchal Village & Mandal, Hyderabad, Telangana, India, 501401.

  • The corporate identification number (CIN) of Prasad Seeds Private Limited is U01122TG1994PTC149511 and the company number is 018609 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prasad Seeds Private Limited is https://www.prasadseeds.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prasad Seeds Private Limited has risen by 22.75%.

  • As Per 2023 financial reports, 829 employees are currently employed by Prasad Seeds Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prasad Seeds Private Limited has experienced an upsurge of 13.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prasad Seeds Private Limited amount to ₹ 402.35 Cr.

  • The most recent Balance Sheet for Prasad Seeds Private Limited was filed with the ROC on 31 Mar 2023.

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