About Metahelix Life Sciences Limited
Data last updated:
Metahelix Life Sciences Limited was a public limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Rallis India Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the biotechnology segment of the life sciences sector. It was incorporated on 11 December 2000.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2000PLC028246. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹28.81 Cr and a paid-up capital of ₹10.75 Lakh. It was formerly known as Metahelix Life Sciences Private Limited. It was led by directors including Punita Kumar Sinha and Collur Visweswaria Natraj.
Its last annual general meeting (AGM) was held on 24 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No 3 Kaiad 4th Phase Bommasandra Industrial Estate, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2019, the company reported a revenue of ₹340.92 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹23.26 Cr (net margin 6.8%) and EBITDA of ₹36.82 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company was associated with 1 brand: FortiGate. As per MCA filings, the company had satisfied charges of ₹122.45 Cr on record. Court records list 238 cases involving the company, including 216 filed by the company and 22 filed against it; 14 cases are pending. The company has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹59.35 Cr; the latest was in July 2016.
The last known website on record is meta-helix.com.
Company details
CIN history
Metahelix Life Sciences has one previous CIN (Corporate Identification Number): U73100KA2000PTC028246. The current CIN is U73100KA2000PLC028246, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73100KA2000PLC028246 | Current |
| U73100KA2000PTC028246 | Previous |
Contact details
Metahelix Life Sciences Limited's registered office is in Bangalore, Karnataka. Its website is meta-helix.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No 3 Kaiad 4th Phase Bommasandra Industrial Estate, Bangalore, Karnataka, India – 560099
- IndustryLife Sciences, Biotechnology
To see the full contact details of Metahelix Life Sciences 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
Metahelix Life Sciences operates one associated brand: FortiGate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information is provided about FortiGate's activities. | meta-helix.com |
Business activity
The main business activity of Metahelix Life Sciences is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Metahelix Life Sciences Limited, buy the company report.
Financials of Metahelix Life Sciences Limited
FY 2019 filings availableMetahelix Life Sciences Limited reported revenue of ₹340.92 Cr (up 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 5% growth in the latest year. EBITDA fell 7% 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 |
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| EBITDA | ₹36.82 Cr | ||||
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| Net Profit (PAT) | ₹23.26 Cr | ||||
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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 | 10.8% | ||||
| Net Profit Margin | 6.8% | ||||
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To see the full financial statements and ratios of Metahelix Life Sciences Limited, buy the company report.
Board of directors of Metahelix Life Sciences Limited
Metahelix Life Sciences has 7 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punita Kumar Sinha Also directs: Aurobindo Pharma Ltd, Ventive Hospitality Limited, One Mobikwik Systems Limited and 5 more | Director | 01 Apr 2015 | 11 Years 7 Months | As last reported |
| Collur Visweswaria Natraj Also directs: Tata Chemicals Limited, Scitrans Partners LLP | Director | 01 Apr 2015 | 11 Years 7 Months | As last reported |
| Ashish Priyakant Mehta Also directs: GSP Crop Science Limited | Director | 01 Apr 2019 | 7 Years 7 Months | As last reported |
| Kannan Suresh Also directs: Sthayika Seeds Private Limited | Manager | 01 Apr 2019 | 7 Years 7 Months | As last reported |
| Sanjiv Lal Also directs: Nacl Industries Limited, Nocil Limited | Additional Director | 13 Jul 2019 | 7 Years 3 Months | As last reported |
| Ramakrishnan Mukundan | Director | 30 Dec 2010 | 15 Years 10 Months | As last reported |
Auditor
Metahelix Life Sciences Limited is audited by B S R & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO LLP | FY 2019 | 101248W |
Shareholding
The shareholding of Metahelix Life Sciences 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 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Metahelix Life Sciences Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2013 | 10423397 | Yes Bank Limited | ₹20 Cr | Satisfied | |
| 20 Apr 2012 | 10354672 | Hdfc Bank Limited | ₹26 Cr | Satisfied | |
| 09 Apr 2012 | 10353518 | Kotak Mahindra Bank Limited | ₹1.6 Cr | Satisfied | |
| 09 Dec 2011 | 10325758 | Kotak Mahindra Bank Limited | ₹2 Cr | Satisfied | |
| 01 Jul 2011 | 10297414 | Kotak Mahindra Bank Limited | ₹41.6 Cr | Satisfied |
To see the full charge records of Metahelix Life Sciences Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Metahelix Life Sciences Limited has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹59.35 Cr; the latest was in July 2016.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: Devdas Shetty (Beneficial Holder For Rallis India Ltd), Vibhakar (Benefical Holder For Rallis India Ltd), K R Venkatadri (Beneficial Holder Of Rallis India Ltd) Seller: 3 individuals |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: P S Meherhomji (Nominee Of Rallis India Limited), Ashish Mehta (Nominee Of Rallis India Limited), Rallis India Limited Seller: 4 individuals |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: Rallis India Limited , 3 individuals Seller: Esop - Metahelix Life Sciences Limited, 3 individuals |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: Rallis India Limited Seller: 4 individuals |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Rallis India Limited , Nadathur Holdings, an individual Seller: Nadathur Fareast Pte Ltd, Kotak Private Equity, Nadathur Holdings |
To see the full deal history of Metahelix Life Sciences 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
Metahelix Life Sciences Limited has 238 court cases on record: 216 filed by Metahelix Life Sciences, 22 filed against it. 14 cases are pending and 224 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 229 | 17 | 13 |
| High courts | 9 | 5 | 1 |
Cases on record (5 of 238)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMMP) | Filed by the company against National Commodity and Derivatives Exchange Limited and Anr and 1 other | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Nuziveedu Seeds Ltd. | Disposed |
| District court, Nandurbar, Maharashtra | Criminal case | Filed against the company by State of Maharashtra (Arun Shiram Tayde ) | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Bharat Beej Company | Pending |
| District court, Jayashankar Bhupalapally, Telangana | Criminal complaint | Filed against the company | Pending |
To see the full case history of Metahelix Life Sciences 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
No delayed payments to MSME suppliers are on our record for Metahelix Life Sciences Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Metahelix Life Sciences has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Metahelix Life Sciences Limited, buy the company report.
Recent activity
Metahelix Life Sciences Limited has 25 board changes on record since 2007: 7 appointments and 18 cessations. The latest: Sanjiv Lal was appointed as Additional Director on 13 Jul 2019.
41 earlier events are in the company report.
News
Frequently asked questions
Metahelix Life Sciences has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Metahelix Life Sciences was a public limited company based in Bangalore, Karnataka, India. The company worked in biotechnology, within the life sciences industry. It was incorporated on 11 December 2000 and is registered under CIN U73100KA2000PLC028246. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Metahelix Life Sciences was incorporated on 11 December 2000. It is registered with the Registrar of Companies, Bangalore.
Metahelix Life Sciences had 7 directors:
- Punita Kumar Sinha - Director
- Collur Visweswaria Natraj - Director
- Ashish Priyakant Mehta - Director
- Sanjiv Lal - Additional Director
- Ramakrishnan Mukundan - Director
- Nagarajan Swaminathan - Director
- Kannan Suresh - Manager
The CIN (Corporate Identification Number) of Metahelix Life Sciences is U73100KA2000PLC028246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Metahelix Life Sciences is at Plot No 3 Kaiad 4th Phase Bommasandra Industrial Estate, Bangalore, Karnataka, India – 560099.
Metahelix Life Sciences can be reached through the website meta-helix.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Metahelix Life Sciences on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 24 June 2019. Year-wise statements from 2015 are in the company report.
No. Metahelix Life Sciences has 10 GST registrations on record and all of them are cancelled or inactive.
Metahelix Life Sciences operated in the life sciences industry, in the biotechnology segment.
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