- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0020653

About Palamur Biosciences Private Limited
Data last updated:
Palamur Biosciences Private Limited is a private limited company based in Secunderabad, Telangana, India, a subsidiary of Palamur Medicare Private Limited. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 24 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U01403TG2008PTC059829. Its GSTIN is 36AAHCA4201H1Z3 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.7 Cr and a paid-up capital of ₹55.3 Lakh. It was formerly known as Aptus Biosciences Private Limited. It is led by directors including Krishna Reddy Kankanala and Venkat Reddy Kankanala.
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 #401 Aikya 4th Floor H.No.10 – 3 – 32/9/23 Opp. Faust High School East Marredpally, Secunderabad, Telangana, India – 500026.
As per the financials filed for FY 2023, the company reported a revenue of ₹60.63 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹14.34 Cr (net margin 23.6%) and EBITDA of ₹25.64 Cr (EBITDA margin 42.3%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company has about 260 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Palamur Biosciences. As per MCA filings, the company has open charges of ₹30.47 Cr and satisfied charges of ₹16.98 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10.22 Cr; the latest was in March 2022. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 6 micro and small suppliers.
Palamur Biosciences Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0020653). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palamurbio.com.
Company details
CIN history
Palamur Biosciences has one previous CIN (Corporate Identification Number): U01403AP2008PTC059829. The current CIN is U01403TG2008PTC059829, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01403TG2008PTC059829 | Current |
| U01403AP2008PTC059829 | Previous |
Recognitions & Rankings of Palamur Biosciences
Contact details
Palamur Biosciences Private Limited's registered office is in Secunderabad, Telangana. Its website is palamurbio.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#401 Aikya 4th Floor H.No.10 – 3 – 32/9/23 Opp. Faust High School East Marredpally, Secunderabad, Telangana, India – 500026
- IndustryLife Sciences, Biotechnology
To see the full contact details of Palamur Biosciences 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
Palamur Biosciences operates one associated brand: Palamur Biosciences. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of preclinical developmental services | palamurbio.com |
Business activity
The main business activity of Palamur Biosciences 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 Palamur Biosciences Private Limited, buy the company report.
Financials of Palamur Biosciences Private Limited
FY 2024 filings availablePalamur Biosciences Private Limited reported revenue of ₹60.63 Cr (up 39% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years, including 39% growth in the latest year. EBITDA rose 44% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹60.63 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.34 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.3% | ||||
| Net Profit Margin | 23.6% | ||||
| 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 Palamur Biosciences Private Limited, buy the company report.
Board of directors of Palamur Biosciences Private Limited
Palamur Biosciences has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Reddy Kankanala | Director | 16 Aug 2010 | 16 Years 2 Months | Current |
| Venkat Reddy Kankanala Also directs: Novotox Biosciences Private Limited, Palamur Genetics Services Private Limited, Gottingen Minipigs India Private Limited and 5 more | Director | 19 Feb 2009 | 17 Years 8 Months | Current |
| Subhashini Vijayaragavan Also directs: Ash Sporting Honors LLP, Veear Infexchange Private Limited, Susnomics Engineering Systems India Private Limited and 3 more | Director | 19 Feb 2009 | 17 Years 8 Months | Current |
| Vijayaragavan Thiruvengadam Also directs: Veear Infexchange Private Limited, Novotox Biosciences Private Limited, Palamur Genetics Services Private Limited and 3 more | Director | 19 Feb 2009 | 17 Years 8 Months | Current |
| Jangi Reddy Kankanala | Director | 19 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Palamur Biosciences Private Limited is audited by G SAMBASIVA RAO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G SAMBASIVA RAO & CO | FY 2023 | 003537S |
Shareholding
The shareholding of Palamur Biosciences 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 Palamur Biosciences Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2025 | 101132900 | Others | ₹3.24 Cr | Open | |
| 10 Apr 2025 | 101082830 | Others | ₹30 Lakh | Open | |
| 02 Apr 2025 | 101070099 | Others | ₹71 Lakh | Open | |
| 02 Apr 2025 | 101070105 | Others | ₹71 Lakh | Open | |
| 07 Feb 2025 | 101051251 | Others | ₹1.25 Cr | Open |
To see the full charge records of Palamur Biosciences Private Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Palamur Biosciences Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10.22 Cr; the latest was in March 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: Palamar Medicare Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: Palamar Medicare Private Limited |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: Palamar Medicare Private Limited Seller: 3 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Palamar Medicare Private Limited Seller: Palamur Medicare Private Limited & T Koti Reddy, Palamur Medicare Private Limited & Praveen Bommu |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Palamur Biosciences 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
Palamur Biosciences Private Limited has 5 court cases on record: 3 filed by Palamur Biosciences, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by TML Smart City Mobility Solutions Limited | Disposed |
| District court, Mahabubnagar, Telangana | Civil suit | Filed by the company against People for Ethical Treatment of Animals (Peta) India A Company | Pending |
| High Court for State of Telangana | Court case (CRLP) | Filed by the company against The State of Telangana | Disposed |
| High Court of Delhi | Appeal | Filed by the company against People for Ethical Treatment of Animals (Peta) India & Anr. | Disposed |
| NCLT, Hyderabad | Court case (C.P.(CAA)) | Filed against the company by Isoquimen (India) Pvt Ltd | Disposed |
To see the full case history of Palamur Biosciences 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
Palamur Biosciences Private Limited was last rated by Icra on 30 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Jul 2021 |
To see the full credit ratings and regulatory alerts of Palamur Biosciences Private Limited, buy the company report.
MSME payment delays
Palamur Biosciences Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Abis Foods and Proteins Private Limited | |||
| an individual supplier | |||
| Medisun Medical Products | |||
| Alien Energy Private Limited |
To see the full MSME payment records of Palamur Biosciences Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Palamur Biosciences Private Limited has a workforce of 260 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 260 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Palamur Biosciences Private Limited, buy the company report.
GST
Palamur Biosciences has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCA4201H1Z3 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palamur Biosciences Private Limited, buy the company report.
Recent activity
Palamur Biosciences Private Limited has 7 board changes on record since 2009: 5 appointments and 2 cessations. The latest: Praveen Bommu ceased to be Managing Director on 29 Sep 2010.
30 earlier events are in the company report.
Frequently asked questions
Palamur Biosciences is an active private limited company based in Secunderabad, Telangana, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 24 June 2008 (18+ years old) and is registered under CIN U01403TG2008PTC059829.
Palamur Biosciences has 5 current directors:
- Krishna Reddy Kankanala - Director
- Venkat Reddy Kankanala - Director
- Subhashini Vijayaragavan - Director
- Vijayaragavan Thiruvengadam - Director
- Jangi Reddy Kankanala - Director
The latest financial statements of Palamur Biosciences 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 Palamur Biosciences is 36AAHCA4201H1Z3, 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 Palamur Biosciences is U01403TG2008PTC059829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palamur Biosciences has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Palamur Biosciences was incorporated on 24 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Palamur Biosciences has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10.22 Cr; the latest was in March 2022.
Praveen Bommu ceased to be Managing Director on 29 Sep 2010. Sudha Devi Janga ceased to be Director on 29 Sep 2010. Krishna Reddy Kankanala was appointed as Director on 16 Aug 2010. Palamur Biosciences has 7 board changes on record in total.
Yes, Palamur Biosciences is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0020653).
Palamur Biosciences has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 6 micro and small suppliers. The latest return was filed on 09 Jul 2019.

