- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0122733

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
Recognitions & Rankings of Biospecimen Solutions
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
- Website
- Social Media
- Registered AddressNo 950 Mcechs Layout 89 Feet Double Road Dr.Srk Nagar Post Sreerampura, Bangalore, Karnataka, India – 560077
- IndustryLife Sciences, Biotechnology
To see the full contact details of Biospecimen Solutions 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
Biospecimen Solutions operates one associated brand: Biospecimen Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 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 Biospecimen Solutions Private Limited, buy the company report.
Financials of Biospecimen Solutions Private Limited
FY 2024 filings availableBiospecimen Solutions Private Limited reported revenue of ₹3.8 Cr (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
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| EBITDA | ₹47.18 Lakh | ||||
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| Net Profit (PAT) | ₹10.81 Lakh | ||||
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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 | 12.4% | ||||
| Net Profit Margin | 2.8% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandra Rao Govindarajula Ayyangalam Also directs: Grovies Sports Bistro LLP, Wild Ark Private Limited, Ela Glamping Private Limited and 1 more | Managing Director | 11 Sep 2019 | 7 Years 1 Months | Current |
| Saikrishna Muthyalavenkata | Director | 11 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Biospecimen Solutions Private Limited is audited by Madhusudhana Reddy & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Madhusudhana Reddy & Co | FY 2023 | 008748S |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2023 | 100748612 | Axis Bank Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Biospecimen Solutions 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 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICB6387J1Z0 | Karnataka | Active | 19 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.
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:
- Ramachandra Rao Govindarajula Ayyangalam - Managing Director
- Saikrishna Muthyalavenkata - Director
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.