MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0048658
Log 9 Materials Scientific Private Limited - life sciences in Byatarayanapura, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹90.77 Cr
▲ 48% YoY
Net loss · FY 2024
₹118.62 Cr
Net margin -130.7%
EBITDA · FY 2024
-₹73.87 Cr
EBITDA margin -81.4%
Authorised capital
₹6.06 Cr
Registered with MCA
Paid-up capital
₹3.29 Cr
Issued & subscribed
Open charges
₹396.58 Cr
Satisfied ₹52.5 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
290
Provident fund records
About Log 9 Materials Scientific Private Limited
Data last updated:
Log 9 Materials Scientific Private Limited is a private limited company based in Byatarayanapura, Karnataka, India. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 21 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2015PTC126433. Its GSTIN is 29AACCL8712D1ZK (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.06 Cr and a paid-up capital of ₹3.29 Cr. It is led by directors Pankaj Sharma and Akshay V Singhal.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Byatarayanapura, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.77 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹118.62 Cr (net margin -130.7%) and EBITDA of -₹73.87 Cr (EBITDA margin -81.4%). Revenue has grown at a compounded annual rate (CAGR) of 134% over three years and 226% over five years.
The company has about 290 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Log9. As per MCA filings, the company has open charges of ₹396.58 Cr and satisfied charges of ₹52.5 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 7 cases are pending. The company has 23 deals on record (13 funding rounds, 7 secondary share transfers, 2 rights issues), with disclosed funding of ₹375.16 Cr; the latest was in March 2023. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 266 overdue payments to 106 micro and small suppliers.
Log 9 Materials Scientific Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0048658). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website log9materials.com.
Company details
CIN U29253KA2015PTC126433
Registration Number 126433
Incorporation Date 21 April 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0048658
CIN history
Log 9 Materials Scientific has one previous CIN (Corporate Identification Number): U29253UP2015PTC070227. The current CIN is U29253KA2015PTC126433, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253KA2015PTC126433 | Current |
| U29253UP2015PTC070227 | Previous |
Key People
Pankaj Sharma Director Akshay V Singhal Director Recognitions & Rankings of Log 9 Materials Scientific
Contact details
Log 9 Materials Scientific Private Limited's registered office is in Byatarayanapura, Karnataka. Its website is log9materials.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 9 Bellary Road Off Jakkur Main Rd Next To Aditya Birla Nuvo Ltd Jakkur La, Yout, Byatarayanapura, Karnataka, India – 560092
- IndustryLife Sciences, Biotechnology
To see the full contact details of Log 9 Materials Scientific Private Limited, buy the company report.
Comprehensive company report
Log 9 Materials Scientific 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
Brands
Log 9 Materials Scientific operates one associated brand: Log9. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advanced battery technologies for energy storage are developed and supplied. | log9materials.com |
Business activity
The main business activity of Log 9 Materials Scientific is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Log 9 Materials Scientific Private Limited, buy the company report.
Financials of Log 9 Materials Scientific Private Limited
FY 2024 filings availableLog 9 Materials Scientific Private Limited reported revenue of ₹90.77 Cr (up 48% YoY) for FY 2024.
Revenue · FY 2024
₹90.77 Cr ▲ 48%
Net loss · FY 2024
₹118.62 Cr margin -130.7%
EBITDA · FY 2024
-₹73.87 Cr margin -81.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 134%
5 years · compounded
▲ 226%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 130%
5 years · compounded
▼ 118%
Revenue has grown at a compounded annual rate (CAGR) of 226% over five years, including 48% growth in the latest year. EBITDA fell 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹90.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹73.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹118.62 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -81.4% | ||||
| Net Profit Margin | -130.7% | ||||
| 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 Log 9 Materials Scientific Private Limited, buy the company report.
Board of directors of Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Sharma | Director | 24 Jan 2018 | 8 Years 9 Months | Current |
| Akshay V Singhal | Director | 21 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Log 9 Materials Scientific Private Limited is audited by SGM & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGM & ASSOCIATES LLP | FY 2023 | S200058 |
Shareholding
The shareholding of Log 9 Materials Scientific Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Log 9 Materials Scientific Private Limited, buy the company report.
Charges & borrowings
Open charges
₹396.58 Cr
Satisfied charges
₹52.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2024 | 101000239 | Others | ₹10 Cr | Open | |
| 12 Jul 2024 | 100982439 | Others | ₹5 Cr | Open | |
| 19 Jun 2024 | 100952754 | Others | ₹5 Cr | Open | |
| 19 Jun 2024 | 100952760 | Others | ₹4 Cr | Open | |
| 18 Mar 2024 | 100890624 | Others | ₹118.11 Cr | Open |
To see the full charge records of Log 9 Materials Scientific Private Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Log 9 Materials Scientific Private Limited has 23 deals on record (13 funding rounds, 7 secondary share transfers, 2 rights issues), with disclosed funding of ₹375.16 Cr; the latest was in March 2023.
Total deals
23
Funding rounds
13
Secondary share transfers
7
Rights issues
2
Debt financing
1
Disclosed funding
₹375.16 Cr
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round · Series B | ₹50.81 Cr | Investors: Catamaran Ventures, Trifecta Capital, LVX (LetsVenture) |
| Jan 2023 | Funding round | ₹16.89 Cr | Investors: Cbc Co. Limited, Harulika Ventures Private Limited, Oxy Ventures Private Limited |
| Jan 2023 | Funding round | ₹7.5 Cr | Investors: Rajeev Chitrabhanu HUF, Akshara Motors Private Limited , Cauvery Motors Private Limited , an individual |
| Aug 2022 | Funding round · Series B | ₹160.33 Cr | Investors: PETRONAS Ventures, Amara Raja Energy & Mobility Limited |
| Jan 2018 | Funding round · Pre-Series A | ₹3.06 Cr | Investors: Metaform Ventures, Gems Partners, 2 individuals |
To see the full deal history of Log 9 Materials Scientific Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Log 9 Materials Scientific Private Limited has 16 court cases on record: 1 filed by Log 9 Materials Scientific, 15 filed against it. 7 cases are pending and 9 are disposed.
Total cases
16
Filed by the company
1
Filed against the company
15
Pending
7
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 6 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Amu Leasing Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Oxyzo Financial Services Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Purple Petal Invest Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Wirelive Networks Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Smas Auto Leasing India Private Limited | Disposed |
To see the full case history of Log 9 Materials Scientific Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Log 9 Materials Scientific Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 266 overdue payments to 106 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 106)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| LPS Bossard Private Limited | |||
| RK Engineering | |||
| an individual supplier | |||
| Formulateip Technolegal Solutions Private Limited. | |||
| Atlas Metal Industries Private Limited |
To see the full MSME payment records of Log 9 Materials Scientific Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Log 9 Materials Scientific has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Log 9 Mobility Private Limited | U50400KA2021PTC155394 | |
| Log 9 Spill Containment Private Limited | U74999KA2019PTC125382 |
To see the full group structure of Log 9 Materials Scientific Private Limited, buy the company report.
Employees & EPFO
Log 9 Materials Scientific Private Limited has a workforce of 290 employees on its EPFO records as of May 16, 2024, across 1 active EPFO establishment.
Employee count
290
Active EPFO establishments
1
Employee growth
71.6%
GST
Log 9 Materials Scientific has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCL8712D1ZK | Karnataka | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Log 9 Materials Scientific Private Limited, buy the company report.
Recent activity
Log 9 Materials Scientific Private Limited has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Chinnugounder Senthilkumar ceased to be Nominee Director on 24 Dec 2024.
Ceased
Chinnugounder Senthilkumar ceased to be Nominee Director.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101000239 was registered on 08 Oct 2024.
AGM
Log 9 Materials Scientific Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100982439 was registered on 12 Jul 2024.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100952754 was registered on 19 Jun 2024.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100952760 was registered on 19 Jun 2024.
Filing
Log 9 Materials Scientific Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 118.11 Cr with Charge ID 100890624 was registered on 18 Mar 2024.
Charges
A charge registered on 28 Feb 2023 via Charge ID 100686683 with Others was fully satisfied on 12 Feb 2024.
Charges
A charge registered on 06 May 2022 via Charge ID 100577318 with Others was fully satisfied on 12 Feb 2024.
Charges
A charge with Others of Rs. 42.00 Cr registered on 27 Dec 2023 with Charge ID 100836380 was modified on 02 Jan 2024.
Charges
A charge with Others amounted to Rs. 42.00 Cr with Charge ID 100836380 was registered on 27 Dec 2023.
37 earlier events are in the company report.
News
Frequently asked questions
Log 9 Materials Scientific is an active private limited company based in Byatarayanapura, Karnataka, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 21 April 2015 (11+ years old) and is registered under CIN U29253KA2015PTC126433.
Log 9 Materials Scientific has 2 current directors:
- Pankaj Sharma - Director
- Akshay V Singhal - Director
The latest financial statements of Log 9 Materials Scientific on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Log 9 Materials Scientific is 29AACCL8712D1ZK, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Log 9 Materials Scientific is U29253KA2015PTC126433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Log 9 Materials Scientific has 16 court cases on record: 1 filed by the company and 15 filed against it. 7 are pending. Most are in the district courts.
Log 9 Materials Scientific was incorporated on 21 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Log 9 Materials Scientific has 23 deals on record (13 funding rounds, 7 secondary share transfers, 2 rights issues), with disclosed funding of ₹375.16 Cr; the latest was in March 2023.
Chinnugounder Senthilkumar ceased to be Nominee Director on 24 Dec 2024. Kartik Hajela ceased to be Additional Director on 29 Sep 2021. Aditya Prakash Gupta ceased to be Nominee Director on 09 Aug 2021. Log 9 Materials Scientific has 11 board changes on record in total.
Yes, Log 9 Materials Scientific is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0048658).
Log 9 Materials Scientific has 11 MSME Form 1 returns on record between 2019 and 2023, listing 266 overdue payments to 106 micro and small suppliers. The latest return was filed on 21 Oct 2023.