- #472 Mahesh P Babani ₹7,400 Cr
- #1,233 Doppalapudi Bhaktavatsala Rao & family ₹1,900 Cr

About Privi Biotechnologies Private Limited
Data last updated:
Privi Biotechnologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Privi Speciality Chemicals Limited. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 20 September 1985 and has been in existence for over 41 years.
Its director Mahesh P Babani is #472 among India's richest people (2026). Its director Doppalapudi Bhaktavatsala Rao and family are #1,233 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74220MH1985PTC037534. Its GSTIN is 27AAACP7722P1ZX (Maharashtra).
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹36.27 Cr. It was formerly known as Prime Machine Company Private Limited. It is led by directors Bhaktavatsala Rao Doppalapudi (Managing Director) and Mahesh Purshottam Babani.
Its last annual general meeting (AGM) was held on 18 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Privihousea – 71 Ttc Thanebelapurroad Nearkoparkhairanerailwaystation, Navi Mumbai, Maharashtra, India – 400709.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.15 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹7.6 Cr (net margin -123.7%) and EBITDA of -₹5.3 Cr (EBITDA margin -86.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹87.5 Lakh and satisfied charges of ₹22.2 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in July 2012.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website privi.com.
Company details
CIN history
Privi Biotechnologies has one previous CIN (Corporate Identification Number): U29220MH1985PTC037534. The current CIN is U74220MH1985PTC037534, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74220MH1985PTC037534 | Current |
| U29220MH1985PTC037534 | Previous |
Recognitions & Rankings of Privi Biotechnologies
Contact details
Privi Biotechnologies Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is privi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrivihousea – 71 Ttc Thanebelapurroad Nearkoparkhairanerailwaystation, Navi Mumbai, Maharashtra, India – 400709
- IndustryLife Sciences, Biotechnology
To see the full contact details of Privi 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 activity of Privi Biotechnologies is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Privi Biotechnologies Private Limited, buy the company report.
Financials of Privi Biotechnologies Private Limited
FY 2025 filings availablePrivi Biotechnologies Private Limited reported revenue of ₹6.15 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 339% 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 |
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| EBITDA | -₹5.3 Cr | ||||
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| Net Profit (PAT) | -₹7.6 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -86.2% | ||||
| Net Profit Margin | -123.7% | ||||
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To see the full financial statements and ratios of Privi Biotechnologies Private Limited, buy the company report.
Board of directors and KMP of Privi Biotechnologies Private Limited
Privi Biotechnologies Private Limited currently reports 2 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaktavatsala Rao Doppalapudi | Managing Director | 06 Aug 2011 | 15 Years 3 Months | Current |
| Narayan Sreenivasan Iyer | Cfo | 14 Mar 2019 | 7 Years 7 Months | Current |
| Mahesh Purshottam Babani Also directs: Babani Brothers LLP, Pee Vee Premises LLP, Privi Speciality Chemicals Limited and 3 more | Director | 06 Aug 2011 | 15 Years 3 Months | Current |
Auditor
Privi Biotechnologies Private Limited is audited by E.E SITABKHAN & C O . CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E.E SITABKHAN & C O . CHARTERED ACCOUNTANTS | FY 2023 | 110300W |
Shareholding
The shareholding of Privi 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 Privi Biotechnologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2016 | 100033514 | Others | ₹87.5 Lakh | Open | |
| 24 Jul 2018 | 100197850 | Others | ₹4.2 Cr | Satisfied | |
| 03 Nov 2014 | 10541898 | Rbl Bank Limited | ₹15 Cr | Satisfied | |
| 14 Feb 2006 | 80005077 | State Bank of Hyderabad | ₹3 Cr | Satisfied |
To see the full charge records of Privi Biotechnologies Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Privi Biotechnologies Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in July 2012.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: Privi Organics Limited , an individual Seller: 4 individuals |
| Sep 2011 | Acquisition | Undisclosed | Buyer: Privi Organics Limited Seller: Sainath Marketing Private Limited , Others Privi Biotechnologies Private Limited, 2 individuals |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Sainath Marketing Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Privi Biotechnologies Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by TKB Realties LLP Thru Partner | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Modern Textiles Rayon and Silk Mills Pvt Ltd THR. Its Dir. P. S Shah and Anr and 1 other | Disposed |
To see the full case history of Privi 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Privi Biotechnologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Privi Biotechnologies Private Limited has a workforce of 38 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Privi Biotechnologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP7722P1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Privi Biotechnologies Private Limited, buy the company report.
Recent activity
Privi Biotechnologies Private Limited has 9 board changes on record since 2011: 3 appointments and 6 cessations. The latest: Bhaktavatsala Rao Doppalapudi ceased to be Director on 14 Mar 2019.
8 earlier events are in the company report.
News
Frequently asked questions
Privi Biotechnologies is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 20 September 1985 (41+ years old) and is registered under CIN U74220MH1985PTC037534.
Privi Biotechnologies has 3 current directors and KMP:
- Bhaktavatsala Rao Doppalapudi - Managing Director
- Mahesh Purshottam Babani - Director
- Narayan Sreenivasan Iyer - Cfo
The latest financial statements of Privi Biotechnologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Privi Biotechnologies is 27AAACP7722P1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Privi Biotechnologies is U74220MH1985PTC037534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Privi Biotechnologies has 2 court cases on record: 2 filed against it. 1 is pending.
Privi Biotechnologies was incorporated on 20 September 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Privi Biotechnologies has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in July 2012.
Bhaktavatsala Rao Doppalapudi ceased to be Director on 14 Mar 2019. Narayan Sreenivasan Iyer was appointed as CFO on 14 Mar 2019. Satan Santumal Bharwani ceased to be Director on 16 Feb 2018. Privi Biotechnologies has 9 board changes on record in total.
Privi Biotechnologies can be reached through the website privi.com. Its registered office is in Navi Mumbai, Maharashtra, India.

