
Reddot Life Private Limited
About Reddot Life Private Limited
Data last updated:
Reddot Life Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2020PTC136163. Its GSTIN is 29AAKCR2794K1ZL (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors Syed Sadiq and Pratap Rajesh Chandra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 218/45 Bommanahalli, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.28 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹3.52 Cr and EBITDA of -₹3.52 Cr. Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed by the company.
Reddot Life Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0141646).
Company details
CIN history
Reddot Life has one previous CIN (Corporate Identification Number): U24290KA2020PTC136163. The current CIN is U74110KA2020PTC136163, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2020PTC136163 | Current |
| U24290KA2020PTC136163 | Previous |
Recognitions & Rankings of Reddot Life
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0141646
Contact details
Reddot Life Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 218/45 Bommanahalli, Bangalore, Karnataka, India – 560068
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Reddot Life Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Reddot Life Private Limited
FY 2024 filings availableReddot Life Private Limited reported revenue of ₹30.28 Lakh (down 86% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 86% fall in the latest year. EBITDA fell 168% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.52 Cr | |||
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| Net Profit (PAT) | -₹3.52 Cr | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Reddot Life Private Limited, buy the company report.
Board of directors of Reddot Life Private Limited
Reddot Life has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Syed Sadiq Also directs: House Meds Private Limited | Director | 01 Jan 2024 | 2 Years 9 Months | Current |
| Pratap Rajesh Chandra Also directs: New Ramdev Health and Wellness Private Limited, Digifra Technology Private Limited, Prednalytics Health Private Limited and 1 more | Director | 19 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Reddot Life Private Limited is audited by S PARTH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S PARTH & CO | FY 2021 | 154463W |
Shareholding
The shareholding of Reddot Life Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Reddot Life Private Limited, buy the company report.
Legal cases
Reddot Life Private Limited has 2 court cases on record: 2 filed by Reddot Life. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against an individual | Disposed |
To see the full case history of Reddot Life Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reddot Life Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reddot Life has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCR2794K1ZL | Karnataka | Active | 07 Sep 2020 |
To see the full GST registrations and return filing status of Reddot Life Private Limited, buy the company report.
Recent activity
Reddot Life Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Syed Sadiq ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Reddot Life is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 July 2020 (6+ years old) and is registered under CIN U74110KA2020PTC136163.
Reddot Life has 2 current directors:
- Syed Sadiq - Director
- Pratap Rajesh Chandra - Director
The latest financial statements of Reddot Life on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Reddot Life is 29AAKCR2794K1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Reddot Life is U74110KA2020PTC136163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reddot Life has 2 court cases on record: 2 filed by the company.
Reddot Life was incorporated on 19 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Syed Sadiq ceased to be Additional Director on 29 Sep 2024. Syed Sadiq was appointed as Director on 01 Jan 2024. Ria Sindhwani ceased to be Director on 26 Sep 2022. Reddot Life has 7 board changes on record in total.
Yes, Reddot Life is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Reddot Life is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0141646).