- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0129372

About Rhyme Life Sciences Private Limited
Data last updated:
Rhyme Life Sciences Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 20 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC299959. Its GSTIN is 27AAICR5335E1ZD (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Parag Narendra Patil and Abhay Narayanrao Chimankar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Sanjeevani Vrundavan Society Fl B 704 Sector 19 Airoli, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2021, the company reported a revenue of ₹35.24 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹7.13 Lakh (net margin 20.2%) and EBITDA of ₹8.35 Lakh (EBITDA margin 23.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
Rhyme Life Sciences Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0129372). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rhymels.com.
Company details
Recognitions & Rankings of Rhyme Life Sciences
Contact details
Rhyme Life Sciences Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is rhymels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSanjeevani Vrundavan Society Fl B 704 Sector 19 Airoli, Navi Mumbai, Maharashtra, India – 400708
- IndustryBusiness Outsourcing, Medical Transcription
To see the full contact details of Rhyme Life Sciences 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 Rhyme Life Sciences 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 |
To see the full business activity and turnover split of Rhyme Life Sciences Private Limited, buy the company report.
Financials of Rhyme Life Sciences Private Limited
FY 2021 filings availableRhyme Life Sciences Private Limited reported revenue of ₹35.24 Lakh (down 69% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 69% fall in the latest year. EBITDA rose 811% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹35.24 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | ₹8.35 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.13 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 23.7% | |||
| Net Profit Margin | 20.2% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Rhyme Life Sciences Private Limited, buy the company report.
Board of directors of Rhyme Life Sciences Private Limited
Rhyme Life Sciences has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Narendra Patil Also directs: Trimiti Infra LLP | Director | 20 Sep 2017 | 9 Years 1 Months | Current |
| Abhay Narayanrao Chimankar Also directs: Cadence Life Sciences LLP | Director | 20 Sep 2017 | 9 Years 1 Months | Current |
Auditor
Rhyme Life Sciences Private Limited is audited by SUNIL K GUPTA & Co for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL K GUPTA & Co | FY 2021 | 160498 |
Shareholding
The shareholding of Rhyme Life Sciences Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rhyme Life Sciences Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rhyme Life Sciences Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rhyme Life Sciences Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rhyme Life Sciences has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICR5335E1ZD | Maharashtra | Active | 06 Nov 2017 |
| 27AAHCG1188K1Z9 | Maharashtra | Active | 08 Jan 2018 |
To see the full GST registrations and return filing status of Rhyme Life Sciences Private Limited, buy the company report.
Recent activity
Rhyme Life Sciences Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Abhay Narayanrao Chimankar was appointed as Director on 20 Sep 2017.
Frequently asked questions
Rhyme Life Sciences is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 20 September 2017 (9+ years old) and is registered under CIN U74999MH2017PTC299959.
Rhyme Life Sciences has 2 current directors:
- Parag Narendra Patil - Director
- Abhay Narayanrao Chimankar - Director
The latest financial statements of Rhyme Life Sciences on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Rhyme Life Sciences is 27AAICR5335E1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAHCG1188K1Z9 (Maharashtra).
The CIN (Corporate Identification Number) of Rhyme Life Sciences is U74999MH2017PTC299959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rhyme Life Sciences was incorporated on 20 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhay Narayanrao Chimankar was appointed as Director on 20 Sep 2017. Parag Narendra Patil was appointed as Director on 20 Sep 2017.
Yes, Rhyme Life Sciences is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0129372).
Rhyme Life Sciences can be reached through the website rhymels.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Rhyme Life Sciences is at Sanjeevani Vrundavan Society Fl B 704 Sector 19 Airoli, Navi Mumbai, Maharashtra, India – 400708.

