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.

CIN: U01110MH2020PLC344089ActiveRoC Mumbai / Maharashtra

Last updated 6 September 2026

AI OverviewGenerated from public records

Nirman Agri Genetics Limited is a Nashik-based, NSE SME-listed company specializing in the production and marketing of hybrid seeds, agrochemicals, and bio-organic products for major field and vegetable crops. The company reported revenue of ₹197 Cr in FY2025-26 and is debt-free. They launched an IPO in March 2023, initially priced at ₹99 per share.

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

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Company Identity

Registered nameNirman Agri Genetics Limited
CINU01110MH2020PLC344089
PANAAHCN1021C
StatusActive — 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
  • 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
Incorporated19 August 2020
ROCRoC Mumbai / Maharashtra
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
  • "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
Paid-up capital
  • ₹8.01 Cr vs ₹6.0 Cr — capital appears to have increased over time via IPO/allotments
  • ₹8.01 Cr is the more recent figure

Business Overview

  • 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."
  • Listed on NSE SME since March 2023

Directors

Per 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

  • 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

  • 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
  • No other private equity/VC funding rounds found

In the News

  • Nirman Agri Genetics Ltd. Financials – Balance Sheet, Profit & Loss, Cash Flow

    Value Research · a month ago

  • Nirman Agri Genetics Ltd. Peer Comparison – Compare with Others

    Value Research · a month ago

  • SEBI confirms restrictions on Nirman Agri Genetics, rejects bid to resume corporate actions

    Moneycontrol.com · 2 months ago

  • Nirman Agri Genetics Ltd. Share Price Surges 9.92% Today

    Univest · 2 months ago

  • Nirman Agri Genetics Ltd. Revenue Breakdown – NSE:NIRMAN

    TradingView · 3 months ago

Headlines about Nirman Agri Genetics Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.

Source: Google News aggregated headlines

Shareholding Pattern

  • Promoters 44.34%, Public 55.65%, FIIs 0.02%, ~4,212 total shareholders
  • Promoter holding has declined sharply from 66.05% (Mar 2024) to 44.34% (Mar 2026), indicating substantial dilution
  • Detailed shareholder-level pattern filings are published quarterly by the company itself at nirmanagrigen.com/ShareholdingPattern/ (most recent: period ended 31 March 2026, filed 4 Aug 2026) but individual PDFs were not opened for name-level detail

Charges & Borrowings

  • No registered charges/borrowings found
  • Screener.in reports borrowings of ₹0 (debt-free) as of latest filing

Competitors

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

Frequently Asked Questions

What does Nirman Agri Genetics Limited do?
Nashik-based, NSE SME-listed agri-input company producing and marketing hybrid seeds, agrochemicals, and bio-organic products across major field and vegetable crops.
What is the CIN of Nirman Agri Genetics Limited?
The Corporate Identification Number (CIN) of Nirman Agri Genetics Limited is U01110MH2020PLC344089.
Where is Nirman Agri Genetics Limited registered?
Nirman Agri Genetics Limited is registered with RoC Mumbai / Maharashtra (sources differ on "Mumbai" vs "Maharashtra" labeling — same RoC jurisdiction) [Source: TheCompanyCheck, Tofler]. Registered address: Per TheCompanyCheck (most recent): "3rd Floor, Samarth House, Nashik, Maharashtra, India – 422005".
When was Nirman Agri Genetics Limited incorporated?
Nirman Agri Genetics Limited was incorporated on 19 August 2020 [Source: TheCompanyCheck, Tofler — agree].

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.