About Italab Salem Private Limited
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Italab Salem Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 22 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U73100TZ2003PTC010442. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.5 Lakh. It is led by directors Subramaniam Nandakumar (Managing Director) and Sundararajan Eswari.
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 4 – A (New 36) Rajaji Road, Salem, Tamil Nadu, India – 636007.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.75 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹80,053 (net margin -45.9%) and EBITDA of ₹80,063 (EBITDA margin 45.9%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 55% over five years.
As per MCA filings, the company has open charges of ₹12.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website italabsalem.com.
Company details
Contact details
Italab Salem Private Limited's registered office is in Salem, Tamil Nadu. Its website is italabsalem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 – A (New 36) Rajaji Road, Salem, Tamil Nadu, India – 636007
- IndustryLife Sciences, Biotechnology
To see the full contact details of Italab Salem 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
Business activity
The main business activity of Italab Salem is professional, scientific and technical. 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 | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Italab Salem Private Limited, buy the company report.
Financials of Italab Salem Private Limited
FY 2019 filings availableItalab Salem Private Limited reported revenue of ₹1.75 Lakh (down 60% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 60% fall in the latest year. EBITDA fell 49% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.75 Lakh | ||||
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| EBITDA | ₹80,063 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹80,053 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.9% | ||||
| Net Profit Margin | -45.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Italab Salem Private Limited, buy the company report.
Board of directors of Italab Salem Private Limited
Italab Salem has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramaniam Nandakumar | Managing Director | 22 Jan 2003 | 23 Years 9 Months | Current |
| Sundararajan Eswari | Director | 31 Mar 2014 | 12 Years 7 Months | Current |
Shareholding
The shareholding of Italab Salem Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Italab Salem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2007 | 10095947 | Fullerton India Credit Company Limited | ₹12.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Italab Salem 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 Italab Salem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Italab Salem has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Italab Salem Private Limited, buy the company report.
Recent activity
Italab Salem Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Karthikeyan Subramaniam ceased to be Additional Director on 31 Mar 2014.
Frequently asked questions
Italab Salem is an active private limited company based in Salem, Tamil Nadu, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 22 January 2003 (23+ years old) and is registered under CIN U73100TZ2003PTC010442.
Italab Salem has 2 current directors:
- Subramaniam Nandakumar - Managing Director
- Sundararajan Eswari - Director
The latest financial statements of Italab Salem 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. Italab Salem has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Italab Salem is U73100TZ2003PTC010442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Italab Salem was incorporated on 22 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Coimbatore.
Karthikeyan Subramaniam ceased to be Additional Director on 31 Mar 2014. Sundararajan Eswari was appointed as Director on 31 Mar 2014. Suzanne Homi Nanji ceased to be Director on 16 May 2013. Italab Salem has 5 board changes on record in total.
Italab Salem can be reached through the website italabsalem.com. Its registered office is in Salem, Tamil Nadu, India.
The registered office of Italab Salem is at 4 – A New 36 Rajaji Road, Salem, Tamil Nadu, India – 636007.
Italab Salem operates in the life sciences industry, in the biotechnology segment.
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