About Salveo Life Sciences Limited
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Salveo Life Sciences Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 10 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U24234WB2005PLC210460. Its GSTIN is 19AAJCS4114R1ZQ (West Bengal). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹15.17 Cr. It is led by directors including Madan Gopal Khanna and Prodipto Dutta.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Vaibhav 5th Floor 4 Lee Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2023, the company reported a revenue of ₹44.43 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹19.84 Lakh (net margin -44.7%) and EBITDA of -₹18.02 Lakh (EBITDA margin -40.6%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 37% over five years.
The company is associated with 2 brands: Salveo Andaman Noni and Salveo Life Sciences Limited. Court records list 15 cases involving the company, including 6 filed by the company and 9 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salveolifesciences.com.
Company details
CIN history
Salveo Life Sciences has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24234WB2005PLC210460, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24234WB2005PLC210460 | Current |
| U24234DL2005PLC215858 | Previous |
| U24234KA2005PLC041566 | Previous |
Contact details
Salveo Life Sciences Limited's registered office is in Kolkata, West Bengal. Its website is salveolifesciences.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVaibhav 5th Floor 4 Lee Road, Kolkata, West Bengal, India – 700020
- IndustryE-Commerce, Online Healthcare Product Retail
To see the full contact details of Salveo Life Sciences 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
Salveo Life Sciences operates two associated brands: Salveo Andaman Noni and Salveo Life Sciences Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A healthcare and nutrition brand offering quality products. | salveoandamannoni.com | |
| Provider of Ayurvedic and herbal medicines for health management. | salveolifesciences.com |
Business activity
The main business activity of Salveo Life Sciences is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Salveo Life Sciences Limited, buy the company report.
Financials of Salveo Life Sciences Limited
FY 2023 filings availableSalveo Life Sciences Limited reported revenue of ₹44.43 Lakh (down 35% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 35% fall in the latest year. EBITDA rose 78% 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 |
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| EBITDA | -₹18.02 Lakh | ||||
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| Net Profit (PAT) | -₹19.84 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.6% | ||||
| Net Profit Margin | -44.7% | ||||
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To see the full financial statements and ratios of Salveo Life Sciences Limited, buy the company report.
Board of directors and KMP of Salveo Life Sciences Limited
Salveo Life Sciences Limited currently reports 4 directors and 3 key managerial personnel. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Gopal Khanna | Director | 02 Sep 2024 | 2 Years 2 Months | Current |
| Nabarun Ghosh Also directs: Herbicure Private Limited | Cfo | 01 Jul 2024 | 2 Years 4 Months | Current |
| Rimli Biswas Also directs: Isea Consulting LLP | Company Secretary | 01 Jul 2024 | 2 Years 4 Months | Current |
| Prodipto Dutta Also directs: Sudha Commercial Co Ltd, Smifs Finance Limited | Director | 01 Jul 2024 | 2 Years 4 Months | Current |
| Mitesh Bhatia Lilaram Also directs: Andaman Bio-Organics LLP, Andaman Dairy & Poultry Private Limited, Webtek Labs Private Limited and 1 more | Director | 25 Sep 2012 | 14 Years 1 Months | Current |
| Ajay Kumar Kayan | Director | 24 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Salveo Life Sciences Limited is audited by CHINMAY BANSAL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINMAY BANSAL & ASSOCIATES | FY 2021 | 019162C |
Shareholding
The shareholding of Salveo Life Sciences Limited is on record for 5 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 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Salveo Life Sciences Limited, buy the company report.
Legal cases
Salveo Life Sciences Limited has 15 court cases on record: 6 filed by Salveo Life Sciences, 9 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 0 |
| High courts | 6 | 4 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed against the company by Charak Pharma Pvt. Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Charak Pharma Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Charak Pharma Pvt. Ltd. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Government of NCT of Delhi Through Its Secretory Finance Revenue & Ors. | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Bail application | Filed by the company against an individual | Disposed |
To see the full case history of Salveo Life Sciences 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 Salveo Life Sciences Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Salveo Life Sciences has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAJCS4114R1ZQ | West Bengal | Active | 01 Jul 2017 |
| 07AAJCS4114R1ZV | Delhi | Active | 01 Jul 2017 |
| 06AAJCS4114R1ZX | Haryana | Active | 02 Jan 2019 |
| 09AAJCS4114R1ZR | Uttar Pradesh | Active | 04 Jan 2019 |
To see the full GST registrations and return filing status of Salveo Life Sciences Limited, buy the company report.
Recent activity
Salveo Life Sciences Limited has 21 board changes on record since 2007: 7 appointments and 14 cessations. The latest: Madan Gopal Khanna ceased to be Additional Director on 29 Sep 2024.
12 earlier events are in the company report.
Frequently asked questions
Salveo Life Sciences is an active public limited company based in Kolkata, West Bengal, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 10 October 2005 (21+ years old) and is registered under CIN U24234WB2005PLC210460.
Salveo Life Sciences has 7 current directors and KMP:
- Madan Gopal Khanna - Director
- Prodipto Dutta - Director
- Mitesh Bhatia Lilaram - Director
- Ajay Kumar Kayan - Director
- Nabarun Ghosh - Cfo
- Rimli Biswas - Company Secretary
- Sumeet Bhartia - Ceo
The latest financial statements of Salveo Life Sciences on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Salveo Life Sciences is 19AAJCS4114R1ZQ, registered in West Bengal. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 07AAJCS4114R1ZV (Delhi), 06AAJCS4114R1ZX (Haryana), 09AAJCS4114R1ZR (Uttar Pradesh).
The CIN (Corporate Identification Number) of Salveo Life Sciences is U24234WB2005PLC210460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salveo Life Sciences has 15 court cases on record: 6 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.
Salveo Life Sciences was incorporated on 10 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
Madan Gopal Khanna ceased to be Additional Director on 29 Sep 2024. Prodipto Dutta ceased to be Additional Director on 29 Sep 2024. Madan Gopal Khanna was appointed as Director on 02 Sep 2024. Salveo Life Sciences has 21 board changes on record in total.
Salveo Life Sciences can be reached through the website salveolifesciences.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Salveo Life Sciences is at Vaibhav 5th Floor 4 Lee Road, Kolkata, West Bengal, India – 700020.
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