- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-02-0009002

About Bioneeds India Private Limited
Data last updated:
Bioneeds India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Veeda Clinical Research Limited. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 28 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01409KA2007PTC042282. Its GSTIN is 29AADCB3809N1ZC (Karnataka).
The company has an authorised share capital of ₹31.18 Cr and a paid-up capital of ₹7.38 Cr. It is led by directors including Shankarappa Nagaraja Vinaya Babu (Managing Director) and Nirmal Atmaram Bhatia.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Devarahoshalli Sompura Hobli Nelamangala, Bangalore, Karnataka, India – 562111.
As per the financials filed for FY 2026, the company reported a revenue of ₹105.17 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹89.86 Lakh (net margin 0.9%) and EBITDA of ₹23.91 Cr (EBITDA margin 22.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
The company has about 483 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Bioneeds. As per MCA filings, the company has open charges of ₹26.42 Cr and satisfied charges of ₹15.84 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending. The company has 20 deals on record (13 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹73.33 Cr; the latest was in August 2023. The company has 16 MSME Form 1 returns on record between 2018 and 2024, listing 259 overdue payments to 71 micro and small suppliers.
Bioneeds India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0009002). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bioneeds.in.
Company details
Recognitions & Rankings of Bioneeds India
Contact details
Bioneeds India Private Limited's registered office is in Bangalore, Karnataka. Its website is bioneeds.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDevarahoshalli Sompura Hobli Nelamangala, Bangalore, Karnataka, India – 562111
- IndustryPharma, Pharma Contract R&D
To see the full contact details of Bioneeds 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
Bioneeds India operates one associated brand: Bioneeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| GLP-certified pre-clinical CRO services are provided for regulatory testing. | bioneeds.in |
Business activity
The main business activity of Bioneeds India is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Bioneeds India Private Limited, buy the company report.
Financials of Bioneeds India Private Limited
FY 2026 filings availableBioneeds India Private Limited reported revenue of ₹105.17 Cr (down 16% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 44% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹105.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹89.86 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.7% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Bioneeds India Private Limited, buy the company report.
Board of directors and KMP of Bioneeds India Private Limited
Bioneeds India Private Limited currently reports 7 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Atmaram Bhatia | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Nitin Jagannath Deshmukh Also directs: Advanced Enzyme Technologies Limited, Samta Mines and Minerals Limited, Biorad Medisys Private Limited and 1 more | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Chirag Mahesh Sachdev | Director | 16 Jul 2021 | 5 Years 3 Months | Current |
| Paramesh Kumar Kiran | Director | 28 Mar 2007 | 19 Years 7 Months | Current |
| Shankarappa Nagaraja Vinaya Babu Also directs: Veeda Clinical Research Limited, Pharmaids Pharmaceuticals Limited, Koye Lifesciences Private Limited and 4 more | Managing Director | 28 Mar 2007 | 19 Years 7 Months | Current |
| Rakesh Bhartia Also directs: Veeda Clinical Research Limited, Polyplex Corporation Limited, Fino Payments Bank Limited and 5 more | Director | 16 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Bioneeds India Private Limited is audited by S R B C & CO LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2026 | 324982E/E300003 |
Shareholding
The shareholding of Bioneeds India Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bioneeds India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2016 | 10622081 | Canara Bank | ₹26.42 Cr | Open | |
| 10 Feb 2020 | 100328284 | Canara Bank | ₹18 Lakh | Satisfied | |
| 28 Sep 2017 | 100280023 | Axis Bank Limited | ₹17.98 Lakh | Satisfied | |
| 31 Jul 2017 | 100280020 | Axis Bank Limited | ₹63.75 Lakh | Satisfied | |
| 16 Dec 2014 | 10539513 | Allahabad Bank Tumkur Branch | ₹14.84 Cr | Satisfied |
To see the full charge records of Bioneeds India Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Bioneeds India Private Limited has 20 deals on record (13 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹73.33 Cr; the latest was in August 2023.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: Veeda Clinical Research Limited Seller: an individual |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: Veeda Clinical Research Limited Seller: an individual |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Veeda Clinical Research Limited Seller: an individual |
| May 2022 | Funding round | ₹10 Cr | Investors: Veeda Clinical Research Limited |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: Veeda Clinical Research Limited Seller: an individual |
To see the full deal history of Bioneeds India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bioneeds India Private Limited has 4 court cases on record: 2 filed by Bioneeds India, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 2 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by The Commissioner of Central Tax | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against The Commissioner of Central Tax | Disposed |
| High Court | Writ petition | Filed by the company against Commissioner of Central Tax (Audit) and 3 others | Disposed |
To see the full case history of Bioneeds 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.
Credit ratings & regulatory alerts
Bioneeds India Private Limited was last rated by Care on 05 Mar 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Mar 2026 |
To see the full credit ratings and regulatory alerts of Bioneeds India Private Limited, buy the company report.
MSME payment delays
Bioneeds India Private Limited has 16 MSME Form 1 returns on record between 2018 and 2024, listing 259 overdue payments to 71 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 71)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Om Sri Bhavishyath Logistics Private Limited | |||
| The Phoenix Security Services | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Bioneeds India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Bioneeds India has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Amthera Life Sciences Private Limited | U74999KA2017PTC104317 |
To see the full group structure of Bioneeds India Private Limited, buy the company report.
Employees & EPFO
Bioneeds India Private Limited has a workforce of 483 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Bioneeds India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB3809N1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bioneeds India Private Limited, buy the company report.
Recent activity
Bioneeds India Private Limited has 16 board changes on record since 2007: 8 appointments and 8 cessations. The latest: Vinayak Prabhakar Shenvi ceased to be Additional Director on 07 Sep 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Bioneeds India is an active private limited company based in Bangalore, Karnataka, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 28 March 2007 (19+ years old) and is registered under CIN U01409KA2007PTC042282.
Bioneeds India has 8 current directors and KMP:
- Shankarappa Nagaraja Vinaya Babu - Managing Director
- Nirmal Atmaram Bhatia - Director
- Nitin Jagannath Deshmukh - Director
- Chirag Mahesh Sachdev - Director
- Paramesh Kumar Kiran - Director
- Rakesh Bhartia - Director
- Vinayak Prabhakar Shenvi - Director
- Gajendra Narayanappa - Company Secretary
The latest financial statements of Bioneeds India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bioneeds India is 29AADCB3809N1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Bioneeds India is U01409KA2007PTC042282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bioneeds India has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending.
Bioneeds India was incorporated on 28 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Bioneeds India has 20 deals on record (13 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹73.33 Cr; the latest was in August 2023.
Vinayak Prabhakar Shenvi ceased to be Additional Director on 07 Sep 2025. Vinayak Prabhakar Shenvi was appointed as Director on 23 Aug 2025. Chirag Mahesh Sachdev ceased to be Director on 12 Aug 2025. Bioneeds India has 16 board changes on record in total.
Yes, Bioneeds India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-02-0009002).
Bioneeds India has 16 MSME Form 1 returns on record between 2018 and 2024, listing 259 overdue payments to 71 micro and small suppliers. The latest return was filed on 30 Apr 2024.

