Prasad Seeds Private Limited

Provides seed processing and turnkey solutions to global seed companies since 1994.

1994 | Hyderabad, Telangana (India) | Active
Last Updated:

Prasad Seeds Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.75 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 403.42 Cr
  • Satisfied Charges ₹ 343.19 Cr
  • Revenue Growth 22.75%
  • Profit Growth 27.71%
  • Ebitda -14.68%
  • Net Worth 13.45%
  • Total Assets 13.81%

About Prasad Seeds

Prasad Seeds Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 October 1994 and has a history of 30 years and six months. Its registered office is in Hyderabad, Telangana, 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 15.00 Cr and a paid-up capital of Rs 14.75 Cr.

The company currently has active open charges totaling ₹403.42 Cr. The company has closed loans amounting to ₹343.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prasad Seeds Private Limited India is Raksha Pandey as COMPANY SECRETARY. Karthika Karumanchi, Rama Karumanchi, Hemanth Karumanchi, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01122TG1994PTC149511

  • Company No.

    018609

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 1994

  • Date of AGM

    30 Mar 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Agriculture

What products or services does Prasad Seeds Private Limited offer?

Prasad Seeds Private Limited offers a wide range of products and services, including Fresh Vegetables, Corn Cobs, Marketing Services, Food Processing Plants & Machinery, Seed Processing Machinery, Designing Services, Engineering Solution, Software Development Services, Customized Software Solution, Seed Processing Plant.

Company report

Prasad Seeds Private Limited

Explore comprehensive data for Prasad Seeds Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Raksha Pandey Company Secretary22-Oct-2022Current
Prasad Karumanchi Country flag representing In Managing Director24-Oct-1994Current

Board Members (3)

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

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%.

Prasad Seeds revenue growth over time
Prasad Seeds 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
22.75%
Revenue from Operations
3.47%
Total Assets
13.81%
Profit or Loss
27.71%
Net Worth
13.45%
EBITDA
-14.68%

What is the Ownership and Shareholding Structure of Prasad Seeds?

In 2022, Prasad 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹403.42 Cr

Satisfied Charges

₹343.19 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 157.00 Cr
  • Axis Bank Limited : 125.48 Cr
  • Others : 56.74 Cr
  • Hdfc Bank Limited : 45.00 Cr
  • Citi Bank N.A. : 19.20 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2024Citi Bank N.A.₹5.00 CrOpen
29 Feb 2024Citi Bank N.A.₹14.20 CrOpen
26 Dec 2023Hdfc Bank Limited₹45.00 CrOpen
28 Aug 2023Axis Bank Limited₹25.00 CrOpen
30 Aug 2022Axis Bank Limited₹3.50 MOpen

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.

Employee growth trends for Prasad Seeds Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prasad 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 Prasad Seeds'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 Prasad Seeds

Recent activity within the organization

  • Charges

    A charge with Citi Bank N.A. of Rs. 5.00 Cr registered on 29 Feb 2024 with Charge ID 100896885 was modified on 26 Sep 2024.

  • Charges

    A charge with Citi Bank N.A. of Rs. 14.20 Cr registered on 29 Feb 2024 with Charge ID 100896887 was modified on 26 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 45.00 Cr registered on 26 Dec 2023 with Charge ID 100848886 was modified on 31 Aug 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 25.00 Cr registered on 28 Aug 2023 with Charge ID 100794846 was modified on 28 Aug 2024.

  • Charges

    A charge registered on 31 Aug 2012 via Charge ID 10377448 with Others was fully satisfied on 11 Jul 2024.

  • Annual General Meeting

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

Frequently asked questions

  • What is the Incorporation or founding date of Prasad Seeds Private Limited?

    Prasad Seeds Private Limited was incorporated on 24 Oct 1994.

  • What is authorized share capital and paid-up capital of Prasad Seeds Private Limited?

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

  • Who are the current board members & directors of Prasad Seeds Private Limited?

    Currently 5 directors are associated with Prasad Seeds Private Limited.

    • Karthika Karumanchi
    • Raksha Pandey
    • Rama Devi Karumanchi
    • Hemanth Kumar Karumanchi
    • Prasad Karumanchi

  • What is the registered address of Prasad Seeds Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prasad Seeds Private Limited is Sy.No.854 Industrial Area Medchal Village Mandal, India, Hyderabad, Telangana, 501401.

  • What is the corporate identification number (CIN) and company number of Prasad Seeds Private Limited?

    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).

  • What is the official website of Prasad Seeds Private Limited?

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

  • What has been the recent revenue trend for Prasad Seeds Private Limited?

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

  • How many employees does Prasad Seeds Private Limited currently have?

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

  • What change has been observed in the net worth of Prasad Seeds Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Prasad Seeds Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prasad Seeds Private Limited amount to ₹ 403.42 Cr.

  • When was the last Balance Sheet of Prasad Seeds Private Limited filed with the ROC?

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

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