What we do Upsurge Seeds of Agriculture Ltd is a technology-driven company specializing in developing, processing, and marketing seeds for various field crops and vegetables across India. |
Founded in 2,017 |
Market share A growing player in Indian seed manufacturing markets with expanding geographic footprint across key agricultural states. |
Problem solved Provides high-quality seeds suited to diverse agro-climatic conditions, enhancing crop yield and farmer income while minimizing crop failure risks. |
Top clients or who we serve Serves farmers under B2B and B2C models across Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Karnataka, and West Bengal. |
Key management Arvindkumar Jadavjibhai Kakadia (Managing Director) with over 7 years leadership in seed technology and agriculture. |
Our journey and innovations Incorporated in 2017; commercial brand 'USA SEEDS' launched in 2018-19; rapid expansion across multiple Indian states; grew seed portfolio above 40 crop varieties by 2024. |
Where we operate Primarily operates in Indian states: Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Karnataka, and West Bengal. |
Top products or what we offer Seed varieties for Groundnut, Sesame, Wheat, Gram, Cumin, Mung, Rajka, Onion, Coriander, Spinach, among others. |
Top brands 'USA SEEDS' brand marketed since 2018, recognized regionally for crop-specific seed solutions. |
Raw materials needed Genetically pure breeder seeds sourced from Indian agricultural universities and research institutes. |
Raw materials supplier Mahatma Phule Krishi Vidyapeeth, Rajasthan Agricultural Research Institute, Indian Agricultural Research Institute. |
Recurring vs cyclical contribution Revenue is largely recurring from seasonal seed sales aligned with agricultural cycles. |
Our industry position Emerging seed producer with expanding market reach and product offerings in field crops and vegetables. |
Financial highlights FY 2023-24 revenue at Rs 133.21 crore with Rs 7.25 crore net profit, marking significant year-on-year growth. |
Geographical revenue split Revenue majorly from western and central Indian states with growing presence in southern and eastern regions. |
Order book - |
Whats driving growth Product innovation, geographic expansion, and strong grower partnerships driving robust revenue and profit growth. |
Our future plans Continue expanding geographic footprint, diversify seed varieties, and strengthen production agreements with farmers. |
Our green promise - |
Our people and values Committed workforce with low attrition, emphasizing compliance, ethics, and gender harassment prevention policies. |
Key challenges ahead Managing climatic risks, scaling production sustainably, and navigating competitive seed market dynamics. |
Interesting facts First IPO in 2022 raised Rs 23 crore; rapid expansion to over 40 seed varieties in less than seven years. |
Risks and strategy Risks include crop failure and market competition; mitigated via grower agreements, quality control, and regional expansion. |
