Biospecimen Solutions Private Limited

Biospecimen Solutions Private Limited - life sciences in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2019PTC127852 Incorporated 11 September 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company life sciences MSME · Micro
Data last updated
Revenue · FY 2024
₹3.8 Cr
▼ 61% YoY
Net profit · FY 2024
₹10.81 Lakh
Net margin 2.8%
EBITDA · FY 2024
₹47.18 Lakh
EBITDA margin 12.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings

About Biospecimen Solutions Private Limited

Data last updated:

Biospecimen Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 11 September 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC127852. Its GSTIN is 29AAICB6387J1Z0 (Karnataka).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramachandra Rao Govindarajula Ayyangalam (Managing Director) and Saikrishna Muthyalavenkata.

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 950 Mcechs Layout 89 Feet Double Road Dr.Srk Nagar Post Sreerampura, Bangalore, Karnataka, India – 560077.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.8 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹10.81 Lakh (net margin 2.8%) and EBITDA of ₹47.18 Lakh (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.

The company is associated with 1 brand: Biospecimen Solutions. As per MCA filings, the company has open charges of ₹2 Cr on record.

Biospecimen Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0122733). For more details, the company can be reached via its website biospecimensolutions.in.

Company details

CIN U74999KA2019PTC127852
Registration Number 127852
Incorporation Date 11 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0122733

Recognitions & Rankings of Biospecimen Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0122733

Contact details

Biospecimen Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is biospecimensolutions.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No 950 Mcechs Layout 89 Feet Double Road Dr.Srk Nagar Post Sreerampura, Bangalore, Karnataka, India – 560077
  • Industry
    Life Sciences, Biotechnology

To see the full contact details of Biospecimen Solutions Private Limited, buy the company report.

Comprehensive company report
Biospecimen Solutions Private Limited - one report that includes everything
  • 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
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Brands

Biospecimen Solutions operates one associated brand: Biospecimen Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Procures and supplies biospecimens like tissue and blood for medical research.biospecimensolutions.in

Business activity

The main business activity of Biospecimen Solutions is professional, scientific and technical. In detail, this covers scientific research and development.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM5Scientific research and development

To see the full business activity and turnover split of Biospecimen Solutions Private Limited, buy the company report.

Financials of Biospecimen Solutions Private Limited

FY 2024 filings available

Biospecimen Solutions Private Limited reported revenue of ₹3.8 Cr (down 61% YoY) for FY 2024.

Revenue · FY 2024
₹3.8 Cr ▼ 61%
Net profit · FY 2024
₹10.81 Lakh margin 2.8%
EBITDA · FY 2024
₹47.18 Lakh margin 12.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 61%
3 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 71%
3 years · compounded
▲ 6%

Revenue fell 61% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 71% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹47.18 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.81 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin12.4%
Net Profit Margin2.8%
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 Biospecimen Solutions Private Limited, buy the company report.

Board of directors of Biospecimen Solutions Private Limited

Biospecimen Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramachandra Rao Govindarajula AyyangalamManaging Director11 Sep 20197 Years 1 MonthsCurrent
Saikrishna MuthyalavenkataDirector11 Sep 20197 Years 1 MonthsCurrent

Auditor

Biospecimen Solutions Private Limited is audited by Madhusudhana Reddy & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Madhusudhana Reddy & CoFY 2023008748S

Shareholding

The shareholding of Biospecimen Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Biospecimen Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Mar 2023100748612Axis Bank Limited₹2 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Biospecimen Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Biospecimen Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICB6387J1Z0KarnatakaActive19 Nov 2019

To see the full GST registrations and return filing status of Biospecimen Solutions Private Limited, buy the company report.

Recent activity

Biospecimen Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ramachandra Rao Govindarajula Ayyangalam was appointed as Managing Director on 11 Sep 2019.

AGM
Biospecimen Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Biospecimen Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100748612 was registered on 18 Mar 2023.
Appointed
Ramachandra Rao Govindarajula Ayyangalam was appointed as Managing Director.
Appointed
Saikrishna Muthyalavenkata was appointed as Director.
Incorporation
11 Sep 2019
Biospecimen Solutions Private Limited was registered on 11 Sep 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.

Frequently asked questions

Biospecimen Solutions 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 11 September 2019 (7+ years old) and is registered under CIN U74999KA2019PTC127852.

Biospecimen Solutions has 2 current directors:

The latest financial statements of Biospecimen Solutions 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 2020 are in the company report.

The GSTIN of Biospecimen Solutions is 29AAICB6387J1Z0, registered in Karnataka.

The CIN (Corporate Identification Number) of Biospecimen Solutions is U74999KA2019PTC127852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Biospecimen Solutions was incorporated on 11 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Ramachandra Rao Govindarajula Ayyangalam was appointed as Managing Director on 11 Sep 2019. Saikrishna Muthyalavenkata was appointed as Director on 11 Sep 2019.

Yes, Biospecimen Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0122733).

Biospecimen Solutions can be reached through the website biospecimensolutions.in. Its registered office is in Bangalore, Karnataka, India.

The registered office of Biospecimen Solutions is at No 950 Mcechs Layout 89 Feet Double Road Dr.Srk Nagar Post Sreerampura, Bangalore, Karnataka, India – 560077.