- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0071369

Minerva Biogenix Private Limited
About Minerva Biogenix Private Limited
Data last updated:
Minerva Biogenix Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 21 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51397MH2003PTC140509. Its GSTIN is 27AAECM0249E1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hiten Narendra Sanghvi and Bhanuben Narendra Sanghavi.
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 34 B 1st Floor Mangaldas Bldg No 1 Mangaldas Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.14 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹75.42 Lakh (net margin 1%) and EBITDA of ₹1.14 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹1.49 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
Minerva Biogenix Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0071369). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Minerva Biogenix
Contact details
Minerva Biogenix Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address34 B 1st Floor Mangaldas Bldg No 1 Mangaldas Road, Mumbai, Maharashtra, India – 400002
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Minerva Biogenix 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 Minerva Biogenix is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Minerva Biogenix Private Limited, buy the company report.
Financials of Minerva Biogenix Private Limited
FY 2025 filings availableMinerva Biogenix Private Limited reported revenue of ₹78.14 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 19% growth in the latest year. EBITDA rose 45% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹75.42 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 1% | ||||
| 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 Minerva Biogenix Private Limited, buy the company report.
Board of directors of Minerva Biogenix Private Limited
Minerva Biogenix has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiten Narendra Sanghvi | Director | 05 Sep 2011 | 15 Years 1 Months | Current |
| Bhanuben Narendra Sanghavi | Director | 21 May 2003 | 23 Years 5 Months | Current |
| Karan Hiten Sanghvi | Director | 23 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Minerva Biogenix Private Limited is audited by SNH & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNH & Associates | FY 2024 | 132819W |
Shareholding
The shareholding of Minerva Biogenix Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Minerva Biogenix Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2011 | 10291836 | Hdfc Bank Limited | ₹1.49 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Minerva Biogenix Private Limited has 3 court cases on record: 2 filed by Minerva Biogenix, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Dipna Pharmachem Limited and 7 Ors and 7 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms. Crescent Therapeutics Ltd and Ors and 4 others | Disposed |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-4 Suresh Kumar | Pending |
To see the full case history of Minerva Biogenix 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
Minerva Biogenix Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Asence Pharma Private Limited |
To see the full MSME payment records of Minerva Biogenix Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Minerva Biogenix has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM0249E1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minerva Biogenix Private Limited, buy the company report.
Recent activity
Minerva Biogenix Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Karan Hiten Sanghvi was appointed as Director on 23 Aug 2018.
Frequently asked questions
Minerva Biogenix is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 21 May 2003 (23+ years old) and is registered under CIN U51397MH2003PTC140509.
Minerva Biogenix has 3 current directors:
- Hiten Narendra Sanghvi - Director
- Bhanuben Narendra Sanghavi - Director
- Karan Hiten Sanghvi - Director
The latest financial statements of Minerva Biogenix 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 2015 are in the company report.
The GSTIN of Minerva Biogenix is 27AAECM0249E1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Minerva Biogenix is U51397MH2003PTC140509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minerva Biogenix has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Minerva Biogenix was incorporated on 21 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Karan Hiten Sanghvi was appointed as Director on 23 Aug 2018. Hitesh Narottam Ved ceased to be Director on 27 Dec 2011. Hiten Narendra Sanghvi was appointed as Director on 05 Sep 2011. Minerva Biogenix has 5 board changes on record in total.
Yes, Minerva Biogenix is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0071369).
Minerva Biogenix has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 09 Jun 2019.
The registered office of Minerva Biogenix is at 34 B 1st Floor Mangaldas Bldg No 1 Mangaldas Road, Mumbai, Maharashtra, India – 400002.