Vishwas Agri Seeds Ltd - Stock Valuation and Financial Performance

The company was originally formed and registered as a partnership firm under the Partnership Act, 1932 in the name and style of ‘Vishwas Agri Seeds’, pursuant to a deed of partnership dated December 1, 2009. Later on, ‘Vishwas Agri Seeds’ was converted from a partnership firm to ‘Vishwas Agri Seeds Private Limited’, private limited company under IX of the Companies Act, 1956 via Supplemental Deed of Partnership/Co-Parcenary executed on February 14, 2013. Subsequently, the company was issued certificate of Incorporation dated March 03, 2013 by Register of Companies Gujarat, Dadra and Nagar Havelli. Subsequently, the company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of the company held on June 26, 2023 and the name of the company was changed to ‘Vishwas Agri Seeds Limited’. A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated July 07, 2023 was issued by the Registrar of Companies, Ahmedabad.

Vishwas Agri Seeds started its business in the city of Gondal near Rajkot, Gujarat in year 2009. Initially started with small scale seed processing unit in Gondal, Rajkot, today, the company is in the business of processing quality seeds and supplying to farmers via their distribution network. The company sells its seeds under the brand name ‘Vishwas’. Its seeds processing unit is equipped with optical sorting machine, they detect unwanted colours, subtle discoloration, size and shape defects, and foreign materials. Further its seeds undergo seed treatment process where seeds are processed by application of fungicide, insecticide, or a combination of both, to seeds so as to disinfect them from seed-borne or soil-borne pathogenic organisms and storage insects. 

The company is focused to provide good quality seeds. It follows the standard process to ensure high quality consistently. It is involved in each stage of seed processing ecosystem which unclues contracting with farmers to germinate seed plants, it has dedicated staff for inspecting the seed plant in the field to ensure quality of seeds and further processing the seeds and packing & storing of seeds. It has an identified land parcel within its Seed processing unit in Ahmedabad where it grows sample seeds and monitors its growth which helps it in adding differents in its products. Its distribution network helps in supplying seeds in Different parts of India. The company produced seeds for many different field crops, vegetables and has the presence of its products in the state of Gujarat, Maharashtra, Rajasthan via its Seles and Distribution network. 

Business area of the company

The company is in the business of processing and supplying seeds to farmers via the distribution network. The company’s product portfolio includes crop seeds for Groundnut, Soyabin, Wheat, Cumin, Green Gram, Black Gram Research Hybrid seeds for Cotton, Castol, Pearl Millet, Maize, hybrid vegetable seeds Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, cabbage, Onion, Coriander Seeds, Fenugreek, Mustard, Lucern, Carrot, etc.