About Sanvita Biotechnologies Private Limited
Data last updated:
Sanvita Biotechnologies Private Limited is a private limited company based in Sangareddy, Telangana, India, a subsidiary of Pinipe Projects Private Limited. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 10 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24232TG2010PTC068348. Its GSTIN is 36AAQCS4165F1Z1 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.52 Cr. It is led by directors including Krishna Reddy Pinipe (Managing Director) and Modem Reddy Hemanth (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sy No.252/A Mallepally Village Kondapur Mandal, Sangareddy, Telangana, India – 502295.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.7 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹39.68 Cr and EBITDA of -₹21.16 Cr (EBITDA margin -316%). Revenue has grown at a compounded annual rate (CAGR) of 423% over three years and 123% over five years.
The company has about 101 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹142.19 Cr and satisfied charges of ₹45 Cr on record. Court records list 25 cases involving the company, including 3 filed by the company and 22 filed against it; 13 cases are pending. The company has 13 deals on record (7 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹76.48 Cr; the latest was in February 2023. Its 3 peer companies in the Pharma industry (Animal Pharma), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 1 smaller; the largest is SKM Pharma Private Limited, with revenue of ₹7.26 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sanvitabiotech.com.
Company details
CIN history
Sanvita Biotechnologies has one previous CIN (Corporate Identification Number): U24232AP2010PTC068348. The current CIN is U24232TG2010PTC068348, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24232TG2010PTC068348 | Current |
| U24232AP2010PTC068348 | Previous |
Contact details
Sanvita Biotechnologies Private Limited's registered office is in Sangareddy, Telangana. Its website is sanvitabiotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy No.252/A Mallepally Village Kondapur Mandal, Sangareddy, Telangana, India – 502295
- IndustryLife Sciences, Biotechnology
To see the full contact details of Sanvita Biotechnologies 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 activities of Sanvita Biotechnologies are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sanvita Biotechnologies Private Limited, buy the company report.
Financials of Sanvita Biotechnologies Private Limited
FY 2024 filings availableSanvita Biotechnologies Private Limited reported revenue of ₹6.7 Cr (down 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 68% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 123%. EBITDA fell 271% 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 |
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| EBITDA | -₹21.16 Cr | ||||
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| Net Profit (PAT) | -₹39.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -316% | ||||
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To see the full financial statements and ratios of Sanvita Biotechnologies Private Limited, buy the company report.
Board of directors of Sanvita Biotechnologies Private Limited
Sanvita Biotechnologies has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Reddy Pinipe Also directs: Pinipe Projects LLP, Pinipe Projects Private Limited | Managing Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Modem Reddy Hemanth Also directs: Sri Chowdeswari Silks India Private Limited, Rep Beverages Private Limited, Rep Infra Projects Private Limited and 4 more | Whole-Time Director | 11 May 2021 | 5 Years 5 Months | Current |
| Katterapalli Sravan Kumar Reddy | Whole-Time Director | 26 Mar 2022 | 4 Years 7 Months | Current |
| Srikanth Pinipe Also directs: Pinipe Projects LLP, Pinipe Projects Private Limited | Director | 31 Jul 2018 | 8 Years 2 Months | Current |
| Amith Kumar Pinipe | Whole-Time Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Krishnama Chary Sribhashyam Also directs: Rycoon Biotechnologies Limited | Whole-Time Director | 02 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Sanvita Biotechnologies Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Animal Pharma), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SKM Pharma Private Limited, | ₹7.26 Cr (FY 2025) | -32.0% | Bangalore, Karnataka, India | |||
| Prajakt Life Science Private Limited | ₹7.09 Cr (FY 2024) | -14.0% | Surat, Gujarat, India | |||
| Sanvita Biotechnologies Private Limitedthis company | ₹6.7 Cr (FY 2024) | -₹39.68 Cr | -68.0% | 101 | Sangareddy, Telangana, India | |
| Siflon Drugs Private Limited | ₹6.38 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Sanvita Biotechnologies Private Limited, buy the company report.
Auditor
Sanvita Biotechnologies Private Limited is audited by PCN & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PCN & Associates | FY 2023 | 007257S |
Shareholding
The shareholding of Sanvita Biotechnologies 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) | |||||
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| Others |
To see the full shareholding pattern of Sanvita Biotechnologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2021 | 100524385 | Canara Bank | ₹63.89 Cr | Open | |
| 09 Dec 2016 | 100068084 | Others | ₹15.12 Cr | Open | |
| 19 Dec 2015 | 10615498 | Others | ₹15 Cr | Open | |
| 08 Sep 2014 | 10525618 | Syndicate Bank | ₹48.18 Cr | Open | |
| 08 Jul 2013 | 10440100 | State Bank of India | ₹45 Cr | Satisfied |
To see the full charge records of Sanvita Biotechnologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Sanvita Biotechnologies Private Limited has 13 deals on record (7 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹76.48 Cr; the latest was in February 2023.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Pinipe Projects Private Limited |
| Feb 2021 | Funding round | ₹12 Cr | Investors: Rr Edifice Private Limited, Pinipe Projects Private Limited |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Pinipe Projects Private Limited Seller: 2 individuals |
| Dec 2018 | Funding round | ₹1.75 Cr | Investors: Pinipe Projects Private Limited |
| Dec 2018 | Funding round | ₹7.26 Cr | Investors: Pinipe Projects Private Limited |
To see the full deal history of Sanvita Biotechnologies 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
Sanvita Biotechnologies Private Limited has 25 court cases on record: 3 filed by Sanvita Biotechnologies, 22 filed against it. 13 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 21 | 10 |
| High courts | 4 | 1 | 3 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Court case (S.C.S.) | Filed against the company by M/S Ami Polymer Pvt. Ltd. | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against Canara Bank | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by Mogli Labs India Pvt Ltd. | Disposed |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by Vet India Pharmaceuticals Ltd Rep by M.Sambasiva Rao | Disposed |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by M/S. Sanpure Systems Pvt. Ltd. | Disposed |
To see the full case history of Sanvita Biotechnologies 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.
Credit ratings & regulatory alerts
Sanvita Biotechnologies Private Limited was last rated by Crisil on 24 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Nov 2020 |
To see the full credit ratings and regulatory alerts of Sanvita Biotechnologies Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sanvita Biotechnologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sanvita Biotechnologies Private Limited has a workforce of 101 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Sanvita Biotechnologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAQCS4165F1Z1 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sanvita Biotechnologies Private Limited, buy the company report.
Recent activity
Sanvita Biotechnologies Private Limited has 23 board changes on record since 2015: 9 appointments and 14 cessations. The latest: Katterapalli Sravan Kumar Reddy ceased to be Additional Director on 01 Jun 2022.
22 earlier events are in the company report.
Frequently asked questions
Sanvita Biotechnologies is an active private limited company based in Sangareddy, Telangana, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 10 May 2010 (16+ years old) and is registered under CIN U24232TG2010PTC068348.
Sanvita Biotechnologies has 8 current directors:
- Krishna Reddy Pinipe - Managing Director
- Modem Reddy Hemanth - Whole-Time Director
- Katterapalli Sravan Kumar Reddy - Whole-Time Director
- Amith Kumar Pinipe - Whole-Time Director
- Krishnama Chary Sribhashyam - Whole-Time Director
- Kesireddy Saipradyumna Reddy - Whole-Time Director
- Srikanth Pinipe - Director
- Pinipe Baby - Director
The latest financial statements of Sanvita Biotechnologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sanvita Biotechnologies is 36AAQCS4165F1Z1, registered in Telangana. 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 Sanvita Biotechnologies is U24232TG2010PTC068348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sanvita Biotechnologies has 25 court cases on record: 3 filed by the company and 22 filed against it. 13 are pending. Most are in the district courts.
Sanvita Biotechnologies was incorporated on 10 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
Sanvita Biotechnologies has 13 deals on record (7 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹76.48 Cr; the latest was in February 2023.
The peers of Sanvita Biotechnologies by revenue are SKM Pharma Private Limited,, Prajakt Life Science Private Limited, Siflon Drugs Private Limited, all in the Pharma industry (Animal Pharma), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Katterapalli Sravan Kumar Reddy ceased to be Additional Director on 01 Jun 2022. Kesireddy Saipradyumna Reddy ceased to be Additional Director on 01 Jun 2022. Kesireddy Saipradyumna Reddy was appointed as Whole-Time Director on 21 Apr 2022. Sanvita Biotechnologies has 23 board changes on record in total.
Sanvita Biotechnologies can be reached through the website sanvitabiotech.com. Its registered office is in Sangareddy, Telangana, India.