Biotech Initiatives Private Limited

Biotech Initiatives Private Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U01400MH2014PTC253243 Incorporated 13 February 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company agriculture MSME
Data last updated
Revenue · FY 2019
₹83.53 Cr
▲ 2% YoY
Net profit · FY 2019
₹73.69 Lakh
Net margin 0.9%
EBITDA · FY 2019
₹2.08 Cr
EBITDA margin 2.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹98.87 Lakh
Issued & subscribed
Open charges
₹10.25 Cr
Satisfied ₹1.35 Cr
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings

About Biotech Initiatives Private Limited

Data last updated:

Biotech Initiatives Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 13 February 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01400MH2014PTC253243. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹98.87 Lakh. It is led by directors Deepak Kumar Prajapati and Poonam Prajapati.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2019, the company reported a revenue of ₹83.53 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹73.69 Lakh (net margin 0.9%) and EBITDA of ₹2.08 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 352% over five years.

As per MCA filings, the company has open charges of ₹10.25 Cr and satisfied charges of ₹1.35 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 4 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in May 2017.

Biotech Initiatives Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0005426). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U01400MH2014PTC253243
Registration Number 253243
Incorporation Date 13 February 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0005426
Key People
Deepak Kumar Prajapati Director Poonam Prajapati Director

Recognitions & Rankings of Biotech Initiatives

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-19-0005426

Contact details

Biotech Initiatives Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Office No 708 7th Floor Peninsula Plaza A/16 Veera Industrial Estate Off Link Ro, Ad, Mumbai, Maharashtra, India – 400053
  • Industry
    Agriculture, Agro Retail & Distribution

To see the full contact details of Biotech Initiatives Private Limited, buy the company report.

Comprehensive company report
Biotech Initiatives 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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Business activity

The main business activity of Biotech Initiatives is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
AAgriculture, forestry, fishingA4Support activities to agriculture and Other Activities including hunting

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

Financials of Biotech Initiatives Private Limited

FY 2019 filings available

Biotech Initiatives Private Limited reported revenue of ₹83.53 Cr (up 2% YoY) for FY 2019.

Revenue · FY 2019
₹83.53 Cr ▲ 2%
Net profit · FY 2019
₹73.69 Lakh margin 0.9%
EBITDA · FY 2019
₹2.08 Cr margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 25%
5 years · compounded
▲ 352%
EBITDA CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 85%
5 years · compounded
▲ 376%

Revenue has grown at a compounded annual rate (CAGR) of 352% over five years, including 2% growth in the latest year. EBITDA rose 85% 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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹83.53 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.08 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹73.69 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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin2.5%
Net Profit Margin0.9%
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 Biotech Initiatives Private Limited, buy the company report.

Board of directors of Biotech Initiatives Private Limited

Biotech Initiatives has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepak Kumar Prajapati
Also directs: Deenam Fashion Private Limited, Avatalife Agro-Trade Private Limited, Adma Technologies Limited and 3 more
Director14 May 201511 Years 5 MonthsCurrent
Poonam Prajapati
Also directs: Deenam Fashion Private Limited, Avatalife Agro-Trade Private Limited
Director02 Apr 201610 Years 6 MonthsCurrent
View all directors

Auditor

Biotech Initiatives Private Limited is audited by VINIT & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
VINIT & ASSOCIATESFY 2019140297W

Shareholding

The shareholding of Biotech Initiatives Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2018FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Biotech Initiatives Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.25 Cr
Satisfied charges
₹1.35 Cr
Breakdown by lending institutions
Others₹7.85 Cr
Indian Bank₹2.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jul 2020100358968Indian Bank₹40 LakhOpen
31 Jan 2019100236654Others₹5.05 CrOpen
10 May 2018100177184Others₹2.8 CrOpen
03 Jan 2018100145368Indian Bank₹2 CrOpen
23 Nov 2016100066506Vijaya Bank₹45 LakhSatisfied

To see the full charge records of Biotech Initiatives Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Biotech Initiatives Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in May 2017.

Total deals
3
Secondary share transfers
2
Rights issue
1

Deals on record (3 of 3)

WhenDealAmountParties
May 2017Rights issue₹88.9 LakhInvestors: 2 individuals
Mar 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2016Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

GST

Biotech Initiatives has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

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

Recent activity

Biotech Initiatives Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Poonam Prajapati was appointed as Director on 02 Apr 2016.

Charges
A charge with Indian Bank amounted to Rs. 0.40 Cr with Charge ID 100358968 was registered on 24 Jul 2020.
AGM
Biotech Initiatives Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Biotech Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 5.05 Cr with Charge ID 100236654 was registered on 31 Jan 2019.
Charges
A charge registered on 10 Oct 2016 via Charge ID 100058953 with Vijaya Bank was fully satisfied on 09 Aug 2018.
Charges
A charge with Others amounted to Rs. 2.80 Cr with Charge ID 100177184 was registered on 10 May 2018.
Charges
A charge with Indian Bank amounted to Rs. 2.00 Cr with Charge ID 100145368 was registered on 03 Jan 2018.
Charges
A charge registered on 23 Nov 2016 via Charge ID 100066506 with Vijaya Bank was fully satisfied on 04 Jul 2017.
Charges
A charge with Vijaya Bank amounted to Rs. 0.45 Cr with Charge ID 100066506 was registered on 23 Nov 2016.
Charges
A charge with Vijaya Bank amounted to Rs. 0.90 Cr with Charge ID 100058953 was registered on 10 Oct 2016.
Appointed
Poonam Prajapati was appointed as Director.
Ceased
Sandeep Kumar Gupta ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Biotech Initiatives is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 13 February 2014 (12+ years old) and is registered under CIN U01400MH2014PTC253243.

Biotech Initiatives has 2 current directors:

The latest financial statements of Biotech Initiatives on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

No. Biotech Initiatives has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Biotech Initiatives is U01400MH2014PTC253243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Biotech Initiatives has 11 court cases on record: 11 filed against it. 4 are pending. Most are in the district courts.

Biotech Initiatives was incorporated on 13 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

Biotech Initiatives has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in May 2017.

Poonam Prajapati was appointed as Director on 02 Apr 2016. Sandeep Kumar Gupta ceased to be Director on 02 Apr 2016. Sanjay Kumar Gupta ceased to be Managing Director on 15 Jan 2016. Biotech Initiatives has 5 board changes on record in total.

Yes, Biotech Initiatives is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0005426).