Rajasthan State Seeds Corporation Limited

State-owned company produces, processes, and distributes certified seeds for various crops in Rajasthan.

1978 | Jaipur, Rajasthan (India) | Active
Last Updated: January 29, 2025

Rajasthan State Seeds Corporation Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 7.59 Cr
  • Company Age 46 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 157.50 Cr
  • Satisfied Charges ₹ 160.00 Cr
  • Revenue Growth -16.55%
  • Profit Growth -44.55%
  • Ebitda -52.32%
  • Net Worth 5.50%
  • Total Assets 5.44%

About Rajasthan State Seeds Corporation

Rajasthan State Seeds Corporation Limited (RSSCL) is a leading Public Limited State Government Company incorporated in India on 28 March 1978 and has a history of 46 years and ten months. Its registered office is in Jaipur, Rajasthan, 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 40.00 Cr and a paid-up capital of Rs 7.59 Cr.

The company currently has active open charges totaling ₹157.50 Cr. The company has closed loans amounting to ₹160.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rajasthan State Seeds Corporation Limited India is Rakesh Mamnani as COMPANY SECRETARY. Vaibhav Galriya, Karan Yadav, Kailash Sharma, and Ten other members serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rajseeds.org

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U75132RJ1978SGC001781

  • Company No.

    001781

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    28 Mar 1978

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Agriculture

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

Executive Team (2)

NameDesignationAppointment DateStatus
Nimisha Gupta Country flag representing In Managing Director27-Mar-2024Current
Rakesh Mamnani Company Secretary19-Mar-2012Current

Board Members (12)

NameDesignationAppointment DateStatus
Vaibhav Galriya Country flag representing In Director 03-Apr-2024Current
Karan Yadav Country flag representing In Director 07-Mar-2024Current
Kailash Sharma Country flag representing In Director 07-Mar-2024Current
Suresh Ola Country flag representing In Director 16-Oct-2024Current
Mukesh Jat Country flag representing In Nominee Director 31-Aug-2022Current
Pradeep Patnaik Country flag representing In Nominee Director 27-Mar-2024Current

Financial Performance of Rajasthan State Seeds Corporation.

Rajasthan State Seeds Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.55% decrease. The company also saw a substantial fall in profitability, with a 44.55% decrease in profit. The company's net worth moved up by a moderate rise of 5.5%.

Graph illustrating revenue growth over time
Graph showing 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
-16.55%
Revenue from Operations
-16.80%
Total Assets
5.44%
Profit or Loss
-44.55%
Net Worth
5.50%
EBITDA
-52.32%

What is the Ownership and Shareholding Structure of Rajasthan State Seeds Corporation?

In 2023, Rajasthan State Seeds Corporation 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

₹157.50 Cr

Satisfied Charges

₹160.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 157.50 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2012State Bank Of India₹157.50 CrOpen
30 Jun 2011Punjab & Sind Bank₹40.00 CrSatisfied
26 Mar 2010Axis Bank₹20.00 CrSatisfied
08 May 2009Hdfc Bank Limited₹10.00 CrSatisfied
22 Apr 2009The Bank Of Rajasthan Limited₹35.00 CrSatisfied

How Many Employees Work at Rajasthan State Seeds Corporation?

Rajasthan State Seeds Corporation has a workforce of 75 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rajasthan 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 Rajasthan 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 Rajasthan State Seeds Corporation

Recent activity within the organization

  • Director Appointment

    Suresh Kumar Ola was appointed as a Director was appointed as a Director on 16 Oct 2024 & has been associated with this company since 4 months 8 days .

    16 Oct 2024

  • Director Appointment

    Vijay Prakash was appointed as a Additional Director was appointed as a Additional Director on 15 Oct 2024 & has been associated with this company since 4 months 9 days .

    15 Oct 2024

  • Director Appointment

    Tikam Chand Bohra was appointed as a Additional Director was appointed as a Additional Director on 09 Apr 2024 & has been associated with this company since 10 months 14 days .

    09 Apr 2024

  • Director Appointment

    Kailash Chand Meena was appointed as a Additional Director was appointed as a Additional Director on 08 Apr 2024 & has been associated with this company since 10 months 15 days .

    08 Apr 2024

  • Director Appointment

    Vaibhav Galriya was appointed as a Director was appointed as a Director on 03 Apr 2024 & has been associated with this company since 10 months 20 days .

    03 Apr 2024

  • Annual General Meeting

    Rajasthan State Seeds Corporation Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

    29 Dec 2023

Frequently asked questions

  • Rajasthan State Seeds Corporation Limited was incorporated on 28 Mar 1978.

  • The authorized share capital of Rajasthan State Seeds Corporation Limited is ₹ 40.00 Cr and paid-up capital is ₹ 7.59 Cr.

  • Currently 14 directors are associated with Rajasthan State Seeds Corporation Limited.

    • Vaibhav Galriya
    • Karan Singh Yadav
    • Kailash Chandra Sharma
    • Suresh Kumar Ola
    • Mukesh Kumar Jat
    • Pradeep Kumar Patnaik
    • Vijay Prakash
    • Kanhaiya Lal Swami
    • Arvind Verma
    • Fateh Singh Gujar
    • Nimisha Gupta
    • Kailash Chand Meena
    • Tikam Chand Bohra
    • Rakesh Mamnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rajasthan State Seeds Corporation Limited is 3Rd Floor Pant Krishi Bhawan Bhagwan Das Road, India, Jaipur, Rajasthan, 302005.

  • The corporate identification number (CIN) of Rajasthan State Seeds Corporation Limited is U75132RJ1978SGC001781 and the company number is 001781 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rajasthan State Seeds Corporation Limited is https://www.rajseeds.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rajasthan State Seeds Corporation Limited has fallen by -16.55%.

  • As Per 2023 financial reports, 75 employees are currently employed by Rajasthan State Seeds Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rajasthan State Seeds Corporation Limited has experienced an upsurge of 5.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rajasthan State Seeds Corporation Limited amount to ₹ 157.50 Cr.

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

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