Company Intelligence Profile
Nirman Agri Genetics Limited
Nashik-based, NSE SME-listed agri-input company producing and marketing hybrid seeds, agrochemicals, and bio-organic products across major field and vegetable crops.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Nirman Agri Genetics Limited |
|---|---|
| CIN | U01110MH2020PLC344089 |
| PAN | AAHCN1021C [Source: TheCompanyCheck] |
| Status | Active — Listed Public Limited Company (NSE SME / NSE Emerge, symbol: NIRMAN) |
| Listing | Yes. Listed on NSE SME (NSE Emerge) on 28 March 2023 under symbol NIRMAN. IPO issue size ~₹20.30 Cr, fixed price ₹99/share, lot size 1,200 shares, ~1.71x subscribed, listed at ₹102 (+3.03% gain). Merchant banker: First Overseas Capital. [Source: DuckDuckGo-aggregated secondary reports — not a primary exchange filing; treat as partial/unverified]. Note: CIN prefix has evolved from U01110MH2020PTC344089 (private) → U01110MH2020PLC344089 (public, current legal CIN, and the CIN targeted in this brief) → some trackers now show L01110MH2020PLC344089 reflecting listed status [Source: TheCompanyCheck]. |
| Incorporated | 19 August 2020 [Source: TheCompanyCheck, Tofler — agree] |
| ROC | RoC Mumbai / Maharashtra (sources differ on "Mumbai" vs "Maharashtra" labeling — same RoC jurisdiction) [Source: TheCompanyCheck, Tofler] |
| Sector (NIC) | Agriculture & Allied Activities — NIC 01110 (growing of oil seeds/similar); business described as "Agriculture Pesticide, Wholesale Trading" by Tofler and "Chemical - Pesticides" sector tag by one IPO tracker. Confirmed activity: hybrid seeds, agrochemicals, bio-organic inputs. |
| Registered address | Per TheCompanyCheck (most recent): "3rd Floor, Samarth House, Nashik, Maharashtra, India – 422005". Per Tofler (older filing): "Vedant Apt, Near Reliance Shopee, Dindori Road, Panchavati, Nashik, Maharashtra – 422003". Address appears to have changed over time; both are Nashik-based — not obtained which is current as of latest filing. |
| Authorized capital | ₹15.0 Cr [Source: TheCompanyCheck, Tofler — agree] |
| Paid-up capital | ₹8.01 Cr (TheCompanyCheck, current) vs ₹6.0 Cr (Tofler, older/FY2022 filing) — capital appears to have increased over time via IPO/allotments; ₹8.01 Cr is the more recent figure. |
Business Overview
Confirmed- Organized agri-input company based in Nashik, Maharashtra, engaged in production, processing and marketing of high-quality hybrid seeds (corn, sunflower, cotton, paddy, grain sorghum, cucurbits, leafy vegetables, solanaceous crops, brassica, muskmelon), agrochemicals (insecticides, fungicides, herbicides), micronutrients, bio-organic products, and non-hybrid seeds (primarily paddy)
- Tagline: "Improving farming, Improving Life." [Source: nirmanagrigen.com — official site]
- Listed on NSE SME since March 2023
Directors
Partial / conflictingPer TheCompanyCheck (current, most recent): Pranav Kailas Bagal (Managing Director, appointed 01 Nov 2022), Abhishek Shivnarayan Gupta (Director, appointed 06 Jan 2023), Kailas Pandharinath Pagare (Director, appointed 30 May 2025), Sagar Nandaram Chavan (Director, appointed 09 Sep 2025). Per Tofler (older/FY2022 snapshot, DINs available): Prakash Narayandas Sawana (Director, DIN 07260370), Pranav Kailas Bagal (Managing Director/Shareholder, DIN 08839908), Avinash Bhimrao Bagal (Director, DIN 09807701), Abhishek Shivnarayan Gupta (Director, DIN 09815590), Riddhi Nitin Aher (Director, DIN 09815607). DINs for the two newest directors (Pagare, Chavan) not obtained — board composition has clearly changed since Tofler's snapshot; treat director list as partial/time-mixed and cross-verify against latest MGT-7/annual report before publishing.
Financials
Partial / conflicting- Two partially conflicting snapshots found: (1) TheCompanyCheck: FY2025 (year ended Mar 2025) revenue ₹236.7 Cr, +274% YoY
- EBITDA/PAT locked behind paywall
- (2) Screener.in: FY2025-26 (year ended Mar 2026) revenue ₹197 Cr (-17% YoY, consistent with a prior-year base near ₹237 Cr), EBITDA ₹19 Cr, PAT ₹18 Cr, Net Worth ₹128 Cr, Borrowings ₹0 (debt-free), Book Value ₹159/share, Market Cap ₹27.2 Cr, CMP ₹34.0
- (3) Tofler (older, FY2021-22 snapshot): EBITDA +4531%, PAT +3364%, Net Worth +3051%, Revenue +253% YoY off a very small base
- Net Profit Margin 17.05%, Operating Margin 23.46%, ROE 8.75%, ROCE 80.31%
- Standalone vs consolidated basis not specified in any source
- Treat figures as partial/confirmed-by-single-source-per-year
- recommend verifying against the company's own NSE-filed audited results (linked at nirmanagrigen.com/Financial%20results/) before publishing exact numbers
Funding / IPO
Partial / conflicting- IPO on NSE SME (NSE Emerge), listed 28 March 2023: issue size ~₹20.30 Cr, fixed price ₹99/share, ~1.71x subscribed, listed at ₹102 (+3.03%)
- Merchant banker: First Overseas Capital. [Source: secondary IPO-tracker aggregation via DuckDuckGo search — could not independently verify against a primary exchange filing
- treat as partial]
- No other private equity/VC funding rounds found
Charges & Borrowings
Confirmed- No registered charges/borrowings found
- Screener.in reports borrowings of ₹0 (debt-free) as of latest filing
- Tofler (older snapshot) also states "no registered charges." Consistent across 2 sources
Legal / Litigation
ConfirmedNo matching results found on Indian Kanoon for "Nirman Agri Genetics" — no reported litigation located.
Competitors
Partial / conflicting- Indian hybrid-seed / agri-input peers (by rough scale, general knowledge — not independently re-verified via a dedicated peer-comparison source this session): Kaveri Seed Company (large-cap, listed, ~₹800-1000+ Cr revenue), Nuziveedu Seeds (large, unlisted, among India's biggest hybrid seed producers), JK Agri Genetics (listed, similarly named/sized mid-cap seed company), Ajeet Seeds (mid-size, private), Bioseed India / DCM Shriram's seed business (mid-large), Rasi Seeds (large, private, cotton/hybrid focus)
- Nirman Agri Genetics (~₹200 Cr revenue, NSE SME) sits at the small end of this peer set
Frequently Asked Questions
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