MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-12-0007180
Gmsbags Biotech Private Limited
Gmsbags Biotech Private Limited - home & lifestyle in Davanagere, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.03 Cr
▲ 109.98% YoY
Net loss · FY 2025
₹17.57 Lakh
Net margin -2.9%
EBITDA · FY 2025
₹30.32 Lakh
EBITDA margin 5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹1.86 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
8
Provident fund records
About Gmsbags Biotech Private Limited
Data last updated:
Gmsbags Biotech Private Limited is a private limited company based in Davanagere, Karnataka, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 30 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U19115KA2019PTC128382. Its GSTIN is 29AAICG0136C1ZZ (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Manjunath Gorantla (Managing Director) and Gorantla Lakshmi Devi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 187 Thumate Badavane Dvg Road Jagalur, Davanagere, Karnataka, India – 577528.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.03 Cr. For the same year it recorded a net loss of ₹17.57 Lakh (net margin -2.9%) and EBITDA of ₹30.32 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 195% over three years and 561% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.86 Cr on record.
Gmsbags Biotech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-12-0007180). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U19115KA2019PTC128382
Registration Number 128382
Incorporation Date 30 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-12-0007180
Key People
Manjunath Gorantla Managing Director Gorantla Lakshmi Devi Director Shruthi Kurki Mallikarjuna Director Recognitions & Rankings of Gmsbags Biotech
Contact details
Gmsbags Biotech Private Limited's registered office is in Davanagere, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 187 Thumate Badavane Dvg Road Jagalur, Davanagere, Karnataka, India – 577528
- IndustryHome & Lifestyle, Handicrafts & Artisan Products Manufacturing
To see the full contact details of Gmsbags Biotech Private Limited, buy the company report.
Comprehensive company report
Gmsbags Biotech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Gmsbags Biotech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Gmsbags Biotech Private Limited, buy the company report.
Financials of Gmsbags Biotech Private Limited
FY 2025 filings availableGmsbags Biotech Private Limited reported revenue of ₹6.03 Cr for FY 2025.
Revenue · FY 2025
₹6.03 Cr
Net loss · FY 2025
₹17.57 Lakh margin -2.9%
EBITDA · FY 2025
₹30.32 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 195%
5 years · compounded
▲ 561%
EBITDA CAGR growth
1 year
▼ 52%
3 years · compounded
▲ 79%
5 years · compounded
▲ 109%
Revenue has grown at a compounded annual rate (CAGR) of 561% over five years. EBITDA fell 52% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹30.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.57 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | -2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Gmsbags Biotech Private Limited, buy the company report.
Board of directors of Gmsbags Biotech Private Limited
Gmsbags Biotech has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gorantla Lakshmi Devi | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Manjunath Gorantla | Managing Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Shruthi Kurki Mallikarjuna Also directs: Dharanika Ecokraft Private Limited | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Gmsbags Biotech Private Limited is audited by SHASTRI & MALIMUTT for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHASTRI & MALIMUTT | FY 2022 | 013350S |
Shareholding
The shareholding of Gmsbags Biotech Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gmsbags Biotech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.86 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2021 | 100462761 | State Bank of India | ₹1.86 Cr | Open |
To see the full charge records of Gmsbags Biotech Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Gmsbags Biotech 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 Gmsbags Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gmsbags Biotech Private Limited has a workforce of 8 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-20%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 8 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Gmsbags Biotech Private Limited, buy the company report.
GST
Gmsbags Biotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICG0136C1ZZ | Karnataka | Active | 24 Oct 2019 |
To see the full GST registrations and return filing status of Gmsbags Biotech Private Limited, buy the company report.
Recent activity
Gmsbags Biotech Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Gorantla Lakshmi Devi was appointed as Director on 30 Sep 2019.
AGM
Gmsbags Biotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gmsbags Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 1.86 Cr registered on 30 Jun 2021 with Charge ID 100462761 was modified on 03 Jan 2025.
Charges
A charge with State Bank Of India amounted to Rs. 1.86 Cr with Charge ID 100462761 was registered on 30 Jun 2021.
Appointed
Gorantla Lakshmi Devi was appointed as Director.
Appointed
Manjunath Gorantla was appointed as Managing Director.
Appointed
Shruthi Kurki Mallikarjuna was appointed as Director.
Incorporation
30 Sep 2019
Gmsbags Biotech Private Limited was registered on 30 Sep 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.
Frequently asked questions
Gmsbags Biotech is an active private limited company based in Davanagere, Karnataka, India. The company works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 30 September 2019 (7+ years old) and is registered under CIN U19115KA2019PTC128382.
Gmsbags Biotech has 3 current directors:
- Manjunath Gorantla - Managing Director
- Gorantla Lakshmi Devi - Director
- Shruthi Kurki Mallikarjuna - Director
The latest financial statements of Gmsbags Biotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Gmsbags Biotech is 29AAICG0136C1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Gmsbags Biotech is U19115KA2019PTC128382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gmsbags Biotech was incorporated on 30 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Gorantla Lakshmi Devi was appointed as Director on 30 Sep 2019. Manjunath Gorantla was appointed as Managing Director on 30 Sep 2019. Shruthi Kurki Mallikarjuna was appointed as Director on 30 Sep 2019.
Yes, Gmsbags Biotech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-12-0007180).
The registered office of Gmsbags Biotech is at No. 187 Thumate Badavane Dvg Road Jagalur, Davanagere, Karnataka, India – 577528.
Gmsbags Biotech operates in the home and lifestyle industry, in the handicrafts and artisan products manufacturing segment.
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