About Sanorva Biotech Private Limited
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Sanorva Biotech Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the research and development sector. It was incorporated on 14 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73200KA2014PTC073657. Its GSTIN is 29AAUCS3735P1Z9 (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bharathi Paramahans Salimath and Paramahans Veerayya Salimath.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 40/A Industrial Suburb 2nd Stage Vishweshwaranagara, Mysore, Karnataka, India – 570008.
As per the financials filed for FY 2023, the company reported a revenue of ₹5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14,801 (net margin -3%) and EBITDA of ₹1.94 Lakh (EBITDA margin 38.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 50% over five years.
The company is associated with 1 brand: Sanorva.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sanorvabiotech.com.
Company details
Contact details
Sanorva Biotech Private Limited's registered office is in Mysore, Karnataka. Its website is sanorvabiotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address40/A Industrial Suburb 2nd Stage Vishweshwaranagara, Mysore, Karnataka, India – 570008
- IndustryResearch & Development, Research & Development
To see the full contact details of Sanorva Biotech 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
Sanorva Biotech operates one associated brand: Sanorva. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Biotech company focused on oncology research, drug discovery, and related services in India. | sanorvabiotech.com |
Business activity
The main business activity of Sanorva Biotech 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 Sanorva Biotech Private Limited, buy the company report.
Financials of Sanorva Biotech Private Limited
FY 2023 filings availableSanorva Biotech Private Limited reported revenue of ₹5 Lakh (up 171% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 171% growth in the latest year. EBITDA rose 158% 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 | ₹1.94 Lakh | ||||
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| Net Profit (PAT) | -₹14,801 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 38.8% | ||||
| Net Profit Margin | -3% | ||||
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To see the full financial statements and ratios of Sanorva Biotech Private Limited, buy the company report.
Board of directors of Sanorva Biotech Private Limited
Sanorva Biotech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharathi Paramahans Salimath Also directs: Molmed Research Foundation | Director | 30 Jan 2018 | 8 Years 8 Months | Current |
| Paramahans Veerayya Salimath Also directs: Molmed Research Foundation | Director | 25 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Sanorva Biotech Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Sagyana Private Limited | ₹5.02 Lakh (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Sanorva Biotech Private Limitedthis company | ₹5 Lakh (FY 2023) | -₹14,801 | -3% | 171.0% | Mysore, Karnataka, India | |
| Parthasarthi Biolab Private Limited | ₹5 Lakh (FY 2022) | Delhi, India | ||||
| Daarsh Innovations Private Limited | ₹5 Lakh (FY 2023) | 308.0% | Raipur, Chhattisgarh, India | |||
| Pratimesh Labs Private Limited | ₹5 Lakh (FY 2024) | -19.0% | Delhi, India |
To see the full peer comparison of Sanorva Biotech Private Limited, buy the company report.
Auditor
Sanorva Biotech Private Limited is audited by GARGESH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARGESH & CO | FY 2017 | 219326 |
Shareholding
The shareholding of Sanorva Biotech 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 Sanorva Biotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sanorva Biotech 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 Sanorva Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sanorva Biotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCS3735P1Z9 | Karnataka | Active | 29 Apr 2018 |
To see the full GST registrations and return filing status of Sanorva Biotech Private Limited, buy the company report.
Recent activity
Sanorva Biotech Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Rameshchandra Channabasappa Keni ceased to be Director on 14 Oct 2020.
Frequently asked questions
Sanorva Biotech is an active private limited company based in Mysore, Karnataka, India. The company works in the research and development industry. It was incorporated on 14 February 2014 (12+ years old) and is registered under CIN U73200KA2014PTC073657.
Sanorva Biotech has 2 current directors:
- Bharathi Paramahans Salimath - Director
- Paramahans Veerayya Salimath - Director
The latest financial statements of Sanorva Biotech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sanorva Biotech is 29AAUCS3735P1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Sanorva Biotech is U73200KA2014PTC073657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sanorva Biotech was incorporated on 14 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sanorva Biotech by revenue are Sagyana Private Limited, Parthasarthi Biolab Private Limited, Daarsh Innovations Private Limited, Pratimesh Labs Private Limited, all in the same principal business activity (scientific research and development).
Rameshchandra Channabasappa Keni ceased to be Director on 14 Oct 2020. Bharathi Paramahans Salimath ceased to be Additional Director on 29 Sep 2018. Bharathi Paramahans Salimath was appointed as Director on 30 Jan 2018. Sanorva Biotech has 6 board changes on record in total.
Sanorva Biotech can be reached through the website sanorvabiotech.com. Its registered office is in Mysore, Karnataka, India.
The registered office of Sanorva Biotech is at 40A Industrial Suburb 2nd Stage Vishweshwaranagara, Mysore, Karnataka, India – 570008.
Sanorva Biotech operates in the research and development industry.