Basarass Bio Con (India) Private Limited
About Basarass Bio Con (India) Private Limited
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Basarass Bio Con (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 15 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24211TN2000PTC044935. Its GSTIN is 33AABCB4099G2ZR (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors Onnappan Chettiar Ramadoss Murugadass and Sudandradass Onnappan Ramadass.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 9A/215 6th Main Road Sri Ayyappa Nagar Virugambakkam, Chennai, Tamil Nadu, India – 600092.
As per the financials filed for FY 2016, the company reported a revenue of ₹54.04 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹16.63 Lakh (net margin -30.8%) and EBITDA of -₹5.07 Lakh (EBITDA margin -9.4%).
As per MCA filings, the company has open charges of ₹75 Lakh on record. Court records list 17 cases involving the company, including 10 filed by the company and 7 filed against it. The company has 1 deal on record (1 acquisition); the latest was in December 2011.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Basarass Bio Con (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address9A/215 6th Main Road Sri Ayyappa Nagar Virugambakkam, Chennai, Tamil Nadu, India – 600092
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Basarass Bio Con (India) 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
Business activity
The main business activity of Basarass Bio Con (India) is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Basarass Bio Con (India) Private Limited, buy the company report.
Financials of Basarass Bio Con (India) Private Limited
FY 2016 filings availableBasarass Bio Con (India) Private Limited reported revenue of ₹54.04 Lakh (down 90% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 90% in the latest year. EBITDA fell 118% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹54.04 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹5.07 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹16.63 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -9.4% | |
| Net Profit Margin | -30.8% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Basarass Bio Con (India) Private Limited, buy the company report.
Board of directors of Basarass Bio Con (India) Private Limited
Basarass Bio Con (India) has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Onnappan Chettiar Ramadoss Murugadass Also directs: Mass Agro Management Solutions Private Limited | Additional Director | 14 Jan 2017 | 9 Years 9 Months | Current |
| Sudandradass Onnappan Ramadass Also directs: Mass Agro Management Solutions Private Limited | Additional Director | 14 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Basarass Bio Con (India) Private Limited is audited by VIVEKANANDAN ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEKANANDAN ASSOCIATES | FY 2016 | 005268S |
Shareholding
The shareholding of Basarass Bio Con (India) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Basarass Bio Con (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2004 | 90297217 | State Bank of India | ₹75 Lakh | Open |
To see the full charge records of Basarass Bio Con (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Basarass Bio Con (India) Private Limited has 1 deal on record (1 acquisition); the latest was in December 2011.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2011 | Acquisition | Undisclosed | Buyer: Hindusthaan Eco Ventures Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Basarass Bio Con (India) Private Limited has 17 court cases on record: 10 filed by Basarass Bio Con (India), 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 5 | 0 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Civil suit | Filed against the company by Biocon Limited, | Disposed |
| Madras High Court | Appeal | Filed against the company by Biocon India Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by Garudan Corporation Rep by V. Ramadoss | Disposed |
| District court, Theni, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Theni, Tamil Nadu | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Basarass Bio Con (India) 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 Basarass Bio Con (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Basarass Bio Con (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCB4099G2ZR | Tamil Nadu | Active | 13 Sep 2017 |
To see the full GST registrations and return filing status of Basarass Bio Con (India) Private Limited, buy the company report.
Recent activity
Basarass Bio Con (India) Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Mohan ceased to be Additional Director on 24 Apr 2017.
2 earlier events are in the company report.
Frequently asked questions
Basarass Bio Con (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 15 May 2000 (26+ years old) and is registered under CIN U24211TN2000PTC044935.
Basarass Bio Con (India) has 2 current directors:
- Onnappan Chettiar Ramadoss Murugadass - Additional Director
- Sudandradass Onnappan Ramadass - Additional Director
The latest financial statements of Basarass Bio Con (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Basarass Bio Con (India) is 33AABCB4099G2ZR, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Basarass Bio Con (India) is U24211TN2000PTC044935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basarass Bio Con (India) has 17 court cases on record: 10 filed by the company and 7 filed against it. Most are in the district courts.
Basarass Bio Con (India) was incorporated on 15 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chennai.
Basarass Bio Con (India) has 1 deal on record (1 acquisition); the latest was in December 2011.
Mohan ceased to be Additional Director on 24 Apr 2017. Suraj Giridharan ceased to be Additional Director on 24 Apr 2017. Onnappan Chettiar Ramadoss Murugadass was appointed as Additional Director on 14 Jan 2017. Basarass Bio Con (India) has 9 board changes on record in total.
The registered office of Basarass Bio Con (India) is at 9A215 6th Main Road Sri Ayyappa Nagar Virugambakkam, Chennai, Tamil Nadu, India – 600092.