About Proalgen Biotech Limited
Data last updated: 30 December 2025
Proalgen Biotech Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in flavouring and seasoning additives, a part of the broader food and beverages sector. Incorporated on 03 March 1997, the company has been in operation for over 29 years.
Registered with ROC Chennai under CIN L24117TN1997PLC037629.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.99 Cr. Formerly known as Acl Chemicals Ltd. It is led by directors including Kalyanasundaram Krishnan and Nidamangala Srinivasa Balamukundan.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.55 Cr, a decline of 15% compared to the previous year.
The company is associated with 1 brand - Proalgen. As per MCA filings, the company has open charges of ₹6.47 Cr and satisfied charges of ₹18.69 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proalgen.com.
-
EmailLocked
-
TelephoneLocked
-
WebsiteLocked
-
Social Media
-
Registered AddressNew. No. 8 Old No. 11 6Th Cross Street Karpagam Gardens Adya, R, Chennai, Tamil Nadu, India – 600020
-
IndustryFood and Beverages, Flavouring & Seasoning Additives
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Proalgen Biotech Limited
Proalgen Biotech Limited has one previous CIN (Corporate Identification Number): L24117TN1997PLC037629. The current CIN is U24117TN1997PLC037629, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24117TN1997PLC037629 | Current |
| L24117TN1997PLC037629 | Previous |
Associated Brands with Proalgen Biotech Limited
Proalgen Biotech Limited operates one associated brand: Proalgen. These brands represent Proalgen Biotech Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Proalgen was founded in 2006 and is based in India. | proalgen.com |
Business Activity of Proalgen Biotech Limited
Proalgen Biotech Limited is engaged in principal business activities including manufacturing and professional, scientific and technical, with detailed activities including food, beverages and tobacco products, management consultancy activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Business activity turnover details for Proalgen Biotech Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Proalgen Biotech Limited
Proalgen Biotech Limited is currently managed by 4 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Kalyanasundaram Krishnan
Also directs:
Kavsur Ventures Llp, Ksa Compliance Services Private Limited, Tanqaa Payroll Private Limited and 3 more
|
Director | 29 Nov 2021 | 4 Years 8 Months | Current |
|
Nidamangala Srinivasa Balamukundan
Also directs:
Bioenergie Solutions India Private Limited, Primero Enserve (India) Private Limited, Yantra Fintech (India) Limited and 1 more
|
Managing Director | 01 Jan 1998 | 28 Years 7 Months | Current |
| Nidamangala Srinivasa Venkatesh | Director | 10 Jul 1999 | 27 Years 1 Months | Current |
| Ananthanarayanan Manjunath | Director | 29 Feb 2020 | 6 Years 5 Months | Current |
Financials of Proalgen Biotech Limited FY 2024 filings available
Proalgen Biotech Limited reported revenue of ₹3.55 Cr (down 15.00% YoY) for FY 2024.
Ten-year financial statements for Proalgen Biotech Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Proalgen Biotech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2009 | Others | ₹4.31 Cr | Open |
| 08 Apr 2005 | State Bank of India | ₹2.16 Cr | Open |
| 14 Apr 2005 | Icici Limited | ₹7 Cr | Satisfied |
| 14 Apr 2005 | Icici Bank Ltd | ₹7 Cr | Satisfied |
| 30 Jan 2002 | The Vyasya Bank Ltd. | ₹3.79 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Proalgen Biotech Limited
View historical data on people associated with Proalgen Biotech Limited, including employment history and EPFO contributions.
Employee and EPFO history for Proalgen Biotech Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Proalgen Biotech Limited
GST registrations and filing compliance for Proalgen Biotech Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Proalgen Biotech Limited
Credit ratings, litigation, and regulatory alerts for Proalgen Biotech Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Proalgen Biotech Limited
MSME payment history for Proalgen Biotech Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Proalgen Biotech Limited
Corporate group structure for Proalgen Biotech Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Proalgen Biotech Limited
MCA filings and documents for Proalgen Biotech Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Proalgen Biotech Limited
Frequently Asked Questions about Proalgen Biotech Limited
Proalgen Biotech Limited is an active public limited company in the food and beverages sector based in Chennai, Tamil Nadu, India. It was incorporated on 03 March 1997 (29+ years old) and is registered under CIN U24117TN1997PLC037629.
Proalgen Biotech Limited reported revenue of ₹3.55 Cr for FY 2024 (down 15.00% YoY).
The current directors of Proalgen Biotech Limited are:
- Kalyanasundaram Krishnan - Director
- Nidamangala Srinivasa Balamukundan - Managing Director
- Nidamangala Srinivasa Venkatesh - Director
- Ananthanarayanan Manjunath - Director
The primary industry of Proalgen Biotech Limited is food and beverages. The company specifically operates in flavouring and seasoning additives. The company is currently active in this sector.
Proalgen Biotech Limited can be reached at the registered office: New. No. 8 Old No. 11 6Th Cross Street Karpagam Gardens Adya, R, Chennai, Tamil Nadu, India – 600020, or through the website proalgen.com.
The authorised capital is ₹15 Cr, and the paid-up capital is ₹11.99 Cr.