
About Answer Genomics Private Limited
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Answer Genomics Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 13 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2018PTC184492. Its GSTIN is 29AARCA6784B1Z8 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹58.5 Lakh and a paid-up capital of ₹48.86 Lakh. It is led by directors Andiyakkal Rajendran Balamurali and Rahul Ranganathan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹80.51 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹3.24 Cr (net margin -402.6%) and EBITDA of -₹2.73 Cr (EBITDA margin -338.8%). Revenue has grown at a compounded annual rate (CAGR) of 338% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Answer Genomics and NuGenomic. The company has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹5.95 Cr; the latest was in October 2023.
Answer Genomics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0221092). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nugenomics.in.
Company details
CIN history
Answer Genomics has one previous CIN (Corporate Identification Number): U73100DL2018PTC343041. The current CIN is U73100KA2018PTC184492, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73100KA2018PTC184492 | Current |
| U73100DL2018PTC343041 | Previous |
Recognitions & Rankings of Answer Genomics
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0221092
Contact details
Answer Genomics Private Limited's registered office is in Bangalore, Karnataka. Its website is nugenomics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address45/3 Gopala Krishna Complex, Residency Road Opp Mg Road, Bangalore, Karnataka, India – 560025
- IndustryLife Sciences, Biotechnology
To see the full contact details of Answer Genomics 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
Brands
Answer Genomics operates two associated brands: Answer Genomics and NuGenomic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform offering DNA-based recommendations for health and wellness | answergenomics.in | |
| Personalized fitness and nutrition plans are provided for wellness. | nugenomics.in |
Business activity
The main business activity of Answer Genomics is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Answer Genomics Private Limited, buy the company report.
Financials of Answer Genomics Private Limited
FY 2024 filings availableAnswer Genomics Private Limited reported revenue of ₹80.51 Lakh (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 338% over three years, including 9% growth in the latest year. EBITDA fell 54% 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 | FY 2019-20 |
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| EBITDA | -₹2.73 Cr | ||||
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| Net Profit (PAT) | -₹3.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -338.8% | ||||
| Net Profit Margin | -402.6% | ||||
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To see the full financial statements and ratios of Answer Genomics Private Limited, buy the company report.
Board of directors of Answer Genomics Private Limited
Answer Genomics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Andiyakkal Rajendran Balamurali Also directs: Nugenomics Foundation, Innopi Private Limited | Director | 11 May 2020 | 6 Years 5 Months | Current |
| Rahul Ranganathan Also directs: Nugenomics Foundation | Director | 13 Dec 2018 | 7 Years 10 Months | Current |
Auditor
Answer Genomics Private Limited is audited by SKMR & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SKMR & Associates | FY 2023 | 024931N |
Shareholding
The shareholding of Answer Genomics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Answer Genomics Private Limited, buy the company report.
Deals & funding
Answer Genomics Private Limited has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹5.95 Cr; the latest was in October 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Funding round · Pre-Series A | ₹4.16 Cr | Investors: Inflection Point Ventures |
| Jan 2022 | Funding round · Seed | ₹1.79 Cr | Investors: Flamingo Digital Private Limited , 3 individuals |
| Feb 2021 | Rights issue | ₹65 Lakh | Investors: Flamingo Digital Private Limited , 3 individuals |
| Jul 2020 | Rights issue | ₹9 Lakh | Investors: India Accelerator, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Answer Genomics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Answer Genomics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Answer Genomics Private Limited has a workforce of 3 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Answer Genomics has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA6784B1Z8 | Karnataka | Active | 21 Oct 2023 |
| 07AARCA6784B1ZE | Delhi | Active | 08 Aug 2019 |
To see the full GST registrations and return filing status of Answer Genomics Private Limited, buy the company report.
Recent activity
Answer Genomics Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Andiyakkal Rajendran Balamurali ceased to be Additional Director on 10 Oct 2020.
Frequently asked questions
Answer Genomics is an active private limited company based in Bangalore, Karnataka, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 13 December 2018 (8+ years old) and is registered under CIN U73100KA2018PTC184492.
Answer Genomics has 2 current directors:
- Andiyakkal Rajendran Balamurali - Director
- Rahul Ranganathan - Director
The latest financial statements of Answer Genomics 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 2019 are in the company report.
The GSTIN of Answer Genomics is 29AARCA6784B1Z8, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AARCA6784B1ZE (Delhi).
The CIN (Corporate Identification Number) of Answer Genomics is U73100KA2018PTC184492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Answer Genomics was incorporated on 13 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Answer Genomics has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹5.95 Cr; the latest was in October 2023.
Andiyakkal Rajendran Balamurali ceased to be Additional Director on 10 Oct 2020. Andiyakkal Rajendran Balamurali was appointed as Director on 11 May 2020. Suraparaju Achutha Krishna Rajesh ceased to be Director on 11 May 2020. Answer Genomics has 4 board changes on record in total.
Yes, Answer Genomics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Answer Genomics is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0221092).