About Envigreen Biotech India Private Limited
Data last updated:
Envigreen Biotech India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 26 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25208KA2016PTC096000. Its GSTIN is 29AAECE3699Q1ZM (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹1.12 Lakh. It is led by directors including Ashwath Hegde (Managing Director) and Akshatha Hegde.
Its last annual general meeting (AGM) was held on 03 May 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.1012 10th Floor Prestige Meridian – 1 No.29 M.G. Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.83 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹24.41 Lakh (net margin 6.4%) and EBITDA of ₹41.89 Lakh (EBITDA margin 10.9%).
The company is associated with 1 brand: EnviGreen. As per MCA filings, the company has open charges of ₹4.95 Cr on record. Court records list 41 cases involving the company, including 7 filed by the company and 34 filed against it; 10 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in June 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website envigreen.in.
Company details
Contact details
Envigreen Biotech India Private Limited's registered office is in Bangalore, Karnataka. Its website is envigreen.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1012 10th Floor Prestige Meridian – 1 No.29 M.G. Road, Bangalore, Karnataka, India – 560001
- IndustryLife Sciences, Biotechnology
To see the full contact details of Envigreen Biotech India 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
Brands
Envigreen Biotech India operates one associated brand: EnviGreen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and sells 100% biodegradable alternatives to plastics for daily use. | envigreen.in |
Business activity
The main business activities of Envigreen Biotech India are manufacturing and professional, scientific and technical. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and management consultancy activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Envigreen Biotech India Private Limited, buy the company report.
Financials of Envigreen Biotech India Private Limited
FY 2019 filings availableEnvigreen Biotech India Private Limited reported revenue of ₹3.83 Cr (up 161% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 161% in the latest year. EBITDA rose 283% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹3.83 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹41.89 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹24.41 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.9% | ||
| Net Profit Margin | 6.4% | ||
| 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 Envigreen Biotech India Private Limited, buy the company report.
Board of directors of Envigreen Biotech India Private Limited
Envigreen Biotech India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshatha Hegde | Director | 01 Dec 2017 | 8 Years 10 Months | Current |
| Kesagodu Singappa Naik Raghavendra Naik Also directs: A B Geon Private Limited | Additional Director | 28 Mar 2019 | 7 Years 7 Months | Current |
| Ashwath Hegde Also directs: NRN Greenbiotech Private Limited | Managing Director | 26 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Envigreen Biotech India Private Limited is audited by SUDEEP SHETTY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDEEP SHETTY & CO | FY 2019 | 014363S |
Shareholding
The shareholding of Envigreen Biotech India 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 2018 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Envigreen Biotech India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2019 | 100280384 | Karnataka Bank Ltd. | ₹4.95 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Envigreen Biotech India Private Limited has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in June 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Rights issue | ₹20 Lakh | Investors: an individual |
| Apr 2019 | Rights issue | ₹27.5 Lakh | Investors: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Envigreen Biotech India Private Limited has 41 court cases on record: 7 filed by Envigreen Biotech India, 34 filed against it. 10 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 29 | 9 |
| High courts | 5 | 5 | 1 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Google India Pvt.Ltd and 1 other | Pending |
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by M/S. A.K. Biogreen Pvt Ltd Rep by Its Director and Authorised Mr. Pradeep Koneti | Pending |
| District court, Hyderabad Central, Telangana | Criminal complaint | Filed against the company by M/S. A.K. Biogreen Pvt Ltd Rep by Its Director and Authorised Mr. Pradeep Koneti | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by M/S Smas Auto Leasing India Private Limited | Disposed |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by M/S. Sree Lakshmi Biotech, Rep by Its Prop Shri Koneru Vijay Kumar | Pending |
To see the full case history of Envigreen Biotech India 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
No delayed payments to MSME suppliers are on our record for Envigreen Biotech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Envigreen Biotech India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE3699Q1ZM | Karnataka | Active | 01 Jul 2017 |
| 33AAECE3699Q1ZX | Tamil Nadu | Active | 15 Apr 2021 |
To see the full GST registrations and return filing status of Envigreen Biotech India Private Limited, buy the company report.
Recent activity
Envigreen Biotech India Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Kesagodu Singappa Naik Raghavendra Naik ceased to be Additional Director on 25 Jun 2019.
Frequently asked questions
Envigreen Biotech India is an active private limited company based in Bangalore, Karnataka, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 26 August 2016 (10+ years old) and is registered under CIN U25208KA2016PTC096000.
Envigreen Biotech India has 3 current directors:
- Ashwath Hegde - Managing Director
- Akshatha Hegde - Director
- Kesagodu Singappa Naik Raghavendra Naik - Additional Director
The latest financial statements of Envigreen Biotech India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 03 May 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Envigreen Biotech India is 29AAECE3699Q1ZM, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAECE3699Q1ZX (Tamil Nadu).
The CIN (Corporate Identification Number) of Envigreen Biotech India is U25208KA2016PTC096000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Envigreen Biotech India has 41 court cases on record: 7 filed by the company and 34 filed against it. 10 are pending. Most are in the district courts.
Envigreen Biotech India was incorporated on 26 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Envigreen Biotech India has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in June 2019.
Kesagodu Singappa Naik Raghavendra Naik ceased to be Additional Director on 25 Jun 2019. Kesagodu Singappa Naik Raghavendra Naik was appointed as Additional Director on 28 Mar 2019. Akshatha Hegde was appointed as Director on 01 Dec 2017. Envigreen Biotech India has 6 board changes on record in total.
Envigreen Biotech India can be reached through the website envigreen.in. Its registered office is in Bangalore, Karnataka, India.