About Polyclone Bio Services Private Limited
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Polyclone Bio Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the research and development sector. It was incorporated on 26 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2003PTC033096. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.18 Lakh. It is led by directors including Naveen Kulkarni (Managing Director) and Rajendra Praveen.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at # 437 Ground Floor 40th Cross 5th Block Jayanagar, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.4 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹10.02 Lakh (net margin -227.6%) and EBITDA of -₹8.89 Lakh (EBITDA margin -202.1%).
The company is associated with 1 brand: Polyclone Bioservices. As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website polyclonebio.com.
Company details
Contact details
Polyclone Bio Services Private Limited's registered office is in Bangalore, Karnataka. Its website is polyclonebio.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 437 Ground Floor 40th Cross 5th Block Jayanagar, Bangalore, Karnataka, India – 560041
- IndustryResearch & Development, Research & Development
To see the full contact details of Polyclone Bio Services 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
Polyclone Bio Services operates one associated brand: Polyclone Bioservices. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers in silico and in vitro solutions for biotech and healthcare research and development. | polyclonebio.com |
Business activity
The main business activity of Polyclone Bio Services is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
Financials of Polyclone Bio Services Private Limited
FY 2017 filings availablePolyclone Bio Services Private Limited reported revenue of ₹4.4 Lakh (down 89% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4.4 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹8.89 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹10.02 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -202.1% | ||
| Net Profit Margin | -227.6% | ||
| 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 Polyclone Bio Services Private Limited, buy the company report.
Board of directors of Polyclone Bio Services Private Limited
Polyclone Bio Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Kulkarni Also directs: Quantumzyme LLP | Managing Director | 26 Dec 2003 | 22 Years 10 Months | Current |
| Rajendra Praveen | Director | 08 Apr 2005 | 21 Years 7 Months | Current |
| Sanjay Bettadpura Shripathy | Director | 26 Dec 2003 | 22 Years 10 Months | Current |
Peer comparison
Polyclone Bio Services Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Green River Energy Solution Private Limited | ₹4.5 Lakh (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Di Spun Pipe Research and Development Association | ₹4.5 Lakh (FY 2025) | 80.0% | New Delhi, Delhi, India | |||
| Avirosa Pharmachem Private Limited | ₹4.48 Lakh (FY 2018) | Nashik, Maharashtra, India | ||||
| Bright Care Research Centre Private Limited | ₹4.44 Lakh (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| Adra Biotechnologies Private Limited | ₹4.42 Lakh (FY 2024) | -7.0% | Thiruvananthapuram, Kerala, India | |||
| Polyclone Bio Services Private Limitedthis company | ₹4.4 Lakh (FY 2017) | -₹10.02 Lakh | -227.6% | -89.0% | Bangalore, Karnataka, India | |
| Computational Intelligence Research Foundation | ₹4.37 Lakh (FY 2024) | -58.0% | Chennai, Tamil Nadu, India | |||
| Bipiston Technologies Private Limited | ₹4.36 Lakh (FY 2024) | -48.0% | Ranchi, Jharkhand, India | |||
| Deepnidesh Frameworks Private Limited | ₹4.3 Lakh (FY 2022) | 545.0% | Aligarh, Uttar Pradesh, India |
To see the full peer comparison of Polyclone Bio Services Private Limited, buy the company report.
Auditor
Polyclone Bio Services Private Limited is audited by L.K.SARAF& CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L.K.SARAF& CO | FY 2017 | 002602C |
Shareholding
The shareholding of Polyclone Bio Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Polyclone Bio Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2006 | 10008692 | State Bank of India | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Polyclone Bio Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Polyclone Bio Services 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 Polyclone Bio Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polyclone Bio Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Polyclone Bio Services Private Limited, buy the company report.
Recent activity
Polyclone Bio Services Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Naveen Kulkarni ceased to be Managing Director on 11 Oct 2016.
Frequently asked questions
Polyclone Bio Services is an active private limited company based in Bangalore, Karnataka, India. The company works in the research and development industry. It was incorporated on 26 December 2003 (23+ years old) and is registered under CIN U73100KA2003PTC033096.
Polyclone Bio Services has 3 current directors:
- Naveen Kulkarni - Managing Director
- Rajendra Praveen - Director
- Sanjay Bettadpura Shripathy - Director
The latest financial statements of Polyclone Bio Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Polyclone Bio Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Polyclone Bio Services is U73100KA2003PTC033096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyclone Bio Services has 1 court case on record: 1 filed against it.
Polyclone Bio Services was incorporated on 26 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Polyclone Bio Services by revenue are Green River Energy Solution Private Limited, Di Spun Pipe Research and Development Association, Avirosa Pharmachem Private Limited, Bright Care Research Centre Private Limited, Adra Biotechnologies Private Limited and 3 more, all in the same principal business activity (scientific research and development).
Naveen Kulkarni ceased to be Managing Director on 11 Oct 2016. Rajendra Praveen was appointed as Director on 08 Apr 2005. Naveen Kulkarni was appointed as Managing Director on 26 Dec 2003. Polyclone Bio Services has 4 board changes on record in total.
Polyclone Bio Services can be reached through the website polyclonebio.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Polyclone Bio Services is at # 437 Ground Floor 40th Cross 5th Block Jayanagar, Bangalore, Karnataka, India – 560041.
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