The Andhra Pradesh State Seeds Development Corporation Limited

Produces and supplies seeds to farmers in Andhra Pradesh.

1976 | Krishna, Andhra Pradesh (India) | Active
Last Updated:

The Andhra Pradesh State Seeds Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.56 Cr
  • Company Age 49 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,198.68 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 49 years. Its registered office is in Krishna, 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 2024. 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 ₹1,198.68 Cr. The company has closed loans amounting to ₹200.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

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

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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 (2)

NameDesignationAppointment DateStatus
Sanapati Rao Country flag representing In Managing Director03-Oct-2024Current
Siva Maruboina Country flag representing In Managing Director12-Feb-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Hema Pernati Country flag representing In Director 23-Jul-2021Current
Viswanathan Mohan Country flag representing In Nominee Director 31-Aug-2015Current
Britto Amalorpavam Country flag representing In Nominee Director 11-Jun-2020Current
Pradeep Patnaik Country flag representing In Nominee Director 07-Aug-2023Current
Manne Subbareddy Director 25-Sep-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%.

The Andhra Pradesh State Seeds Development Corporation revenue growth over time
The Andhra Pradesh State Seeds Development Corporation 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

₹1,198.68 Cr

Satisfied Charges

₹200.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 1180.00 Cr
  • Andhra Bank : 16.88 Cr
  • State Bank Of India : 1.80 Cr

Latest Charge Details

DateLenderAmountStatus
04 May 2021Others₹480.00 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.

Employee growth trends for The Andhra Pradesh State Seeds Development Corporation Limited

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

    Sanapati Dilli Rao was appointed as a Managing Director was appointed as a Managing Director on 03 Oct 2024 & has been associated with this company since 5 months 25 days .

  • Director Appointment

    Manne Subbareddy was appointed as a Director was appointed as a Director on 25 Sep 2024 & has been associated with this company since 6 months 3 days .

  • Annual General Meeting

    The Andhra Pradesh State Seeds Development Corporation Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 480.00 Cr registered on 04 May 2021 with Charge ID 100444358 was modified on 05 Jun 2024.

  • Balance Sheet

    The Andhra Pradesh State Seeds Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Director Appointment

    Siva Prasad Maruboina was appointed as a Managing Director was appointed as a Managing Director on 12 Feb 2024 & has been associated with this company since 1 year 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of The Andhra Pradesh State Seeds Development Corporation Limited?

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

  • What is authorized share capital and paid-up capital of The Andhra Pradesh State Seeds Development Corporation Limited?

    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.

  • Who are the current board members & directors of The Andhra Pradesh State Seeds Development Corporation Limited?

    Currently 7 directors are associated with The Andhra Pradesh State Seeds Development Corporation Limited.

    • Hema Sushmitha Pernati
    • Viswanathan Mohan
    • Britto Amalorpavam
    • Sanapati Dilli Rao
    • Pradeep Kumar Patnaik
    • Siva Prasad Maruboina
    • Manne Subbareddy

  • What is the registered address of The Andhra Pradesh State Seeds Development Corporation Limited?

    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), India, Vijayawada, Andhra Pradesh, 521108.

  • What is the corporate identification number (CIN) and company number of The Andhra Pradesh State Seeds Development Corporation Limited?

    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).

  • What is the official website of The Andhra Pradesh State Seeds Development Corporation Limited?

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

  • What has been the recent revenue trend for The Andhra Pradesh State Seeds Development Corporation Limited?

    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%.

  • What change has been observed in the net worth of The Andhra Pradesh State Seeds Development Corporation Limited, and by what percentage?

    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%.

  • What are the total open charges for The Andhra Pradesh State Seeds Development Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for The Andhra Pradesh State Seeds Development Corporation Limited amount to ₹ 1,198.68 Cr.

  • When was the last Balance Sheet of The Andhra Pradesh State Seeds Development Corporation Limited filed with the ROC?

    The most recent Balance Sheet for The Andhra Pradesh State Seeds Development Corporation Limited was filed with the ROC on 31 Mar 2024.

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