About Bio-Lutions Eco Tech India Private Limited
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Bio-Lutions Eco Tech India Private Limited is a private limited company based in Ramanagara, Karnataka, India, a subsidiary of Bio-Lutions International Ag. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 24 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U37100KA2016PTC094435. Its GSTIN is 29AAGCB7752H1ZC (Karnataka).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.98 Cr. It is led by directors George Kurian Thomas and Kurian Mathew.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sy No.38/2 Katha No.686/38/2 Mayaganahalli Village Kasaba Hobli Ramanagara, Karnataka, India – 562128.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.8 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹1.99 Cr (net margin -207.4%) and EBITDA of -₹1.26 Cr (EBITDA margin -132%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 22% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bio-Lutions. As per MCA filings, the company has open charges of ₹1.8 Cr on record. The company has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.12 Cr; the latest was in April 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bio-lutions.com.
Company details
Contact details
Bio-Lutions Eco Tech India Private Limited's registered office is in Ramanagara, Karnataka. Its website is bio-lutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy No.38/2 Katha No.686/38/2 Mayaganahalli Village Kasaba Hobli Ramanagara, Karnataka, India – 562128
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Bio-Lutions Eco Tech 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
Brands
Bio-Lutions Eco Tech India operates one associated brand: BIO-LUTIONS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Biodegradable polymers are manufactured from agricultural waste residues. | bio-lutions.com |
Business activity
The main business activity of Bio-Lutions Eco Tech India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Bio-Lutions Eco Tech India Private Limited, buy the company report.
Financials of Bio-Lutions Eco Tech India Private Limited
FY 2024 filings availableBio-Lutions Eco Tech India Private Limited reported revenue of ₹95.8 Lakh (down 86% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 86% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 68% 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
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| EBITDA | -₹1.26 Cr | ||||
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| Net Profit (PAT) | -₹1.99 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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| EBITDA Margin | -132% | ||||
| Net Profit Margin | -207.4% | ||||
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To see the full financial statements and ratios of Bio-Lutions Eco Tech India Private Limited, buy the company report.
Board of directors of Bio-Lutions Eco Tech India Private Limited
Bio-Lutions Eco Tech India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Kurian Thomas Also directs: Tungabhadra Beneficiation Limited | Director | 19 Oct 2022 | 4 Years 0 Months | Current |
| Kurian Mathew | Director | 24 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Bio-Lutions Eco Tech India Private Limited is audited by A P Ganeshan & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P Ganeshan & Co | FY 2023 | 011945S |
Shareholding
The shareholding of Bio-Lutions Eco Tech India 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Bio-Lutions Eco Tech India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2024 | 100960975 | State Bank of India | ₹1.8 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Bio-Lutions Eco Tech India Private Limited has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.12 Cr; the latest was in April 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Rights issue | ₹2.02 Cr | Investors: Bio Lution AG |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Bio Lution AG |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Bio Lution AG |
| Dec 2018 | Rights issue | ₹4.19 Cr | Investors: Bio Lution AG |
| Dec 2017 | Funding round | ₹2.12 Cr | Investors: Bio Lution AG, 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 Bio-Lutions Eco Tech India 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 Bio-Lutions Eco Tech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bio-Lutions Eco Tech India Private Limited has a workforce of 23 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Bio-Lutions Eco Tech India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB7752H1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bio-Lutions Eco Tech India Private Limited, buy the company report.
Recent activity
Bio-Lutions Eco Tech India Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: George Kurian Thomas was appointed as Director on 19 Oct 2022.
Frequently asked questions
Bio-Lutions Eco Tech India is an active private limited company based in Ramanagara, Karnataka, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 24 June 2016 (10+ years old) and is registered under CIN U37100KA2016PTC094435.
Bio-Lutions Eco Tech India has 2 current directors:
- George Kurian Thomas - Director
- Kurian Mathew - Director
The latest financial statements of Bio-Lutions Eco Tech India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Bio-Lutions Eco Tech India is 29AAGCB7752H1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Bio-Lutions Eco Tech India is U37100KA2016PTC094435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bio-Lutions Eco Tech India was incorporated on 24 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Bio-Lutions Eco Tech India has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.12 Cr; the latest was in April 2020.
George Kurian Thomas was appointed as Director on 19 Oct 2022. Kurian George ceased to be Cfo(Kmp) on 15 Oct 2022. Eduardo Gordillo Amado ceased to be Additional Director on 21 Aug 2018. Bio-Lutions Eco Tech India has 7 board changes on record in total.
Bio-Lutions Eco Tech India can be reached through the website bio-lutions.com. Its registered office is in Ramanagara, Karnataka, India.
The registered office of Bio-Lutions Eco Tech India is at Sy No.382 Katha No.686382 Mayaganahalli Village Kasaba Hobli Ramanagara, Karnataka, India – 562128.