The Andhra Pradesh State Seeds Development Corporation Limited

Produces and supplies seeds to farmers in Andhra Pradesh.

1976 | Vijayawada, Andhra Pradesh (India) | Active
Last Updated: July 31, 2024

The Andhra Pradesh State Seeds Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.56 Cr
  • Company Age 48 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,118.68 Cr
  • Satisfied Charges ₹ 200.00 Cr
  • Revenue Growth -17.98%
  • Profit Growth -84.99%
  • Ebitda -79.65%
  • Net Worth 5.54%
  • Total Assets 23.81%

About The Andhra Pradesh State Seeds Development Corporation

The Andhra Pradesh State Seeds Development Corporation Limited (TAPSSDCL) is a leading Public Limited State Government Company incorporated in India on 26 March 1976 and has a history of 48 years and ten months. Its registered office is in Vijayawada, Andhra Pradesh, India.

The Corporate was formerly known as The Andhra Pradesh State Seeds Development Corporation Private Limited. 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 5.00 Cr and a paid-up capital of Rs 1.56 Cr.

The company currently has active open charges totaling ₹1,118.68 Cr. The company has closed loans amounting to ₹200.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Viswanathan Mohan, Britto Amalorpavam, Hema Pernati, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vijayawada, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01112AP1976SGC107938

  • Company No.

    107938

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    26 Mar 1976

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Agriculture

Who are the key members and board of directors at The Andhra Pradesh State Seeds Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Siva Maruboina Managing Director11-Mar-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Viswanathan Mohan Country flag representing In Nominee Director 31-Aug-2015Current
Britto Amalorpavam Country flag representing In Nominee Director 11-Jun-2020Current
Hema Pernati Country flag representing In Director 22-Mar-2024Current
Pradeep Patnaik Country flag representing In Nominee Director 08-Apr-2024Current

Financial Performance of The Andhra Pradesh State Seeds Development Corporation.

The Andhra Pradesh State Seeds Development Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.98% decrease. The company also saw a substantial fall in profitability, with a 84.99% decrease in profit. The company's net worth moved up by a moderate rise of 5.54%.

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
-17.98%
Revenue from Operations
-20.92%
Total Assets
23.81%
Profit or Loss
-84.99%
Net Worth
5.54%
EBITDA
-79.65%

What is the Ownership and Shareholding Structure of The Andhra Pradesh State Seeds Development Corporation?

In 2023, The Andhra Pradesh State Seeds Development Corporation had a promoter holding of 40.08% and a public holding of 59.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,118.68 Cr

Satisfied Charges

₹200.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 1100.00 Cr
  • Andhra Bank : 16.88 Cr
  • State Bank Of India : 1.80 Cr

Latest Charge Details

DateLenderAmountStatus
04 May 2021Others₹400.00 CrOpen
30 Apr 2020Others₹500.00 CrOpen
22 Apr 2016Others₹200.00 CrOpen
07 Sep 1995Andhra Bank₹1.20 CrOpen
21 Mar 1995Andhra Bank₹1.08 CrOpen

How Many Employees Work at The Andhra Pradesh State Seeds Development Corporation?

Unlock and access historical data on people associated with The Andhra Pradesh State Seeds Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Andhra Pradesh State Seeds Development 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 The Andhra Pradesh State Seeds Development 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 The Andhra Pradesh State Seeds Development Corporation

Recent activity within the organization

  • Director Appointment

    Pradeep Kumar Patnaik was appointed as a Nominee Director was appointed as a Nominee Director on 08 Apr 2024 & has been associated with this company since 9 months 24 days .

    08 Apr 2024

  • Director Appointment

    Hema Sushmitha Pernati was appointed as a Director was appointed as a Director on 22 Mar 2024 & has been associated with this company since 10 months 10 days .

    22 Mar 2024

  • Director Appointment

    Siva Prasad Maruboina was appointed as a Managing Director was appointed as a Managing Director on 11 Mar 2024 & has been associated with this company since 10 months 21 days .

    11 Mar 2024

  • Annual General Meeting

    The Andhra Pradesh State Seeds Development Corporation Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    The Andhra Pradesh State Seeds Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge registered on 16 May 2020 via Charge ID 100339361 with Others was fully satisfied on 06 Jul 2022.

    06 Jul 2022

Frequently asked questions

  • The Andhra Pradesh State Seeds Development Corporation Limited was incorporated on 26 Mar 1976.

  • The authorized share capital of The Andhra Pradesh State Seeds Development Corporation Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.56 Cr.

  • Currently 5 directors are associated with The Andhra Pradesh State Seeds Development Corporation Limited.

    • Viswanathan Mohan
    • Britto Amalorpavam
    • Hema Sushmitha Pernati
    • Pradeep Kumar Patnaik
    • Siva Prasad Maruboina
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Andhra Pradesh State Seeds Development Corporation Limited is 4/150 Eluru Road Prasadampadu Ramavarapadu (Post), Vijayawada, Andhra Pradesh, India, 521108.

  • The corporate identification number (CIN) of The Andhra Pradesh State Seeds Development Corporation Limited is U01112AP1976SGC107938 and the company number is 107938 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The Andhra Pradesh State Seeds Development Corporation Limited is https://www.apseeds.ap.gov.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Andhra Pradesh State Seeds Development Corporation Limited has fallen by -17.98%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Andhra Pradesh State Seeds Development Corporation Limited has experienced an upsurge of 5.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for The Andhra Pradesh State Seeds Development Corporation Limited amount to ₹ 1,118.68 Cr.

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

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