- #579 Sriram Natarajan & family ₹5,800 Cr

About Scalene Livprotec Private Limited
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Scalene Livprotec Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 29 July 2020 and has been in existence for over 6 years.
Its director Sriram Natarajan and family are #579 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35105KA2020PTC136616. Its GSTIN is 29ABECS0765Q1ZL (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10.55 Lakh. It was formerly known as Shycocare Technologies Private Limited. It is led by directors including Sriram Natarajan and Rahul Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Balavana 61 5th A Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.6 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net loss of ₹41.25 Cr (net margin -429.7%) and EBITDA of -₹23.85 Cr (EBITDA margin -248.5%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
The company has about 72 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Shycocan and Scalene Livprotec. As per MCA filings, the company has open charges of ₹125 Cr and satisfied charges of ₹3 Cr on record. The company has 3 deals on record (2 rights issues, 1 convertible or debt financing), with disclosed funding of ₹10 Cr; the latest was in March 2022. The company has 8 MSME Form 1 returns on record between 2022 and 2024, listing 26 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website livprotec.com.
Company details
CIN history
Scalene Livprotec has one previous CIN (Corporate Identification Number): U29100KA2020PTC136616. The current CIN is U35105KA2020PTC136616, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105KA2020PTC136616 | Current |
| U29100KA2020PTC136616 | Previous |
Recognitions & Rankings of Scalene Livprotec
Contact details
Scalene Livprotec Private Limited's registered office is in Bangalore, Karnataka. Its website is livprotec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBalavana 61 5th A Block Koramangala, Bangalore, Karnataka, India – 560095
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Scalene Livprotec 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
Scalene Livprotec operates two associated brands: Shycocan and Scalene Livprotec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Virus attenuation devices are developed for indoor coronavirus neutralization. | shycocancorp.com | |
| Wastewater management services are provided to clients. | livprotec.com |
Business activity
The main business activity of Scalene Livprotec is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Scalene Livprotec Private Limited, buy the company report.
Financials of Scalene Livprotec Private Limited
FY 2024 filings availableScalene Livprotec Private Limited reported revenue of ₹9.6 Cr (up 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 59% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 30%. EBITDA fell 85% 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 | -₹23.85 Cr | ||||
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| Net Profit (PAT) | -₹41.25 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 | -248.5% | ||||
| Net Profit Margin | -429.7% | ||||
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To see the full financial statements and ratios of Scalene Livprotec Private Limited, buy the company report.
Board of directors of Scalene Livprotec Private Limited
Scalene Livprotec has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriram Natarajan Also directs: Exxora Trading LLP, Molbio Diagnostics Limited, Coreintegra Consulting Services Limited and 5 more | Director | 22 Jan 2022 | 4 Years 9 Months | Current |
| Rahul Sharma Also directs: Scalene Energy - Water Corporation Limited, Vialora Technologies LLP, Empi Innovation Park Private Limited and 4 more | Director | 29 Jul 2020 | 6 Years 3 Months | Current |
| Alok Sharma Also directs: Scalene Energy - Water Corporation Limited, Vialora Technologies LLP, Empi Innovation Park Private Limited and 5 more | Director | 29 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Scalene Livprotec Private Limited is audited by K S SATHYANARAYANA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S SATHYANARAYANA AND CO | FY 2023 | 008999S |
Shareholding
The shareholding of Scalene Livprotec Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Scalene Livprotec Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2024 | 101062256 | Others | ₹125 Cr | Open | |
| 13 Apr 2022 | 100575281 | Hdfc Bank Limited | ₹2 Cr | Satisfied | |
| 20 Oct 2020 | 100381264 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Scalene Livprotec Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Scalene Livprotec Private Limited has 3 deals on record (2 rights issues, 1 convertible or debt financing), with disclosed funding of ₹10 Cr; the latest was in March 2022.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹10.03 Cr | Investors: EXXORA |
| Jul 2021 | Rights issue | ₹6.8 Lakh | Investors: 4 individuals |
To see the full deal history of Scalene Livprotec Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Scalene Livprotec 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
Scalene Livprotec Private Limited has 8 MSME Form 1 returns on record between 2022 and 2024, listing 26 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| KPRC & Associates | |||
| Veocom Network Innovation Private Limited | |||
| Addition | |||
| Aforeserve. Com Limited |
To see the full MSME payment records of Scalene Livprotec Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Scalene Livprotec Private Limited has a workforce of 72 employees on its EPFO records as of Mar 17, 2025, across 1 active EPFO establishment.
GST
Scalene Livprotec has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABECS0765Q1ZL | Karnataka | Active | 26 Aug 2020 |
| 33ABECS0765Q1ZW | Tamil Nadu | Active | 27 Dec 2021 |
| 27ABECS0765Q1ZP | Maharashtra | Active | 31 Jan 2025 |
To see the full GST registrations and return filing status of Scalene Livprotec Private Limited, buy the company report.
Recent activity
Scalene Livprotec Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Sriram Natarajan ceased to be Additional Director on 30 Sep 2022.
2 earlier events are in the company report.
Frequently asked questions
Scalene Livprotec is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 29 July 2020 (6+ years old) and is registered under CIN U35105KA2020PTC136616.
Scalene Livprotec has 3 current directors:
- Sriram Natarajan - Director
- Rahul Sharma - Director
- Alok Sharma - Director
The latest financial statements of Scalene Livprotec on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Scalene Livprotec is 29ABECS0765Q1ZL, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33ABECS0765Q1ZW (Tamil Nadu), 27ABECS0765Q1ZP (Maharashtra).
The CIN (Corporate Identification Number) of Scalene Livprotec is U35105KA2020PTC136616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Scalene Livprotec was incorporated on 29 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Scalene Livprotec has 3 deals on record (2 rights issues, 1 convertible or debt financing), with disclosed funding of ₹10 Cr; the latest was in March 2022.
Sriram Natarajan ceased to be Additional Director on 30 Sep 2022. Sriram Natarajan was appointed as Director on 22 Jan 2022. Piyush Hundia ceased to be Additional Director on 31 Oct 2021. Scalene Livprotec has 5 board changes on record in total.
Scalene Livprotec has 8 MSME Form 1 returns on record between 2022 and 2024, listing 26 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Scalene Livprotec can be reached through the website livprotec.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Scalene Livprotec is at Balavana 61 5th A Block Koramangala, Bangalore, Karnataka, India – 560095.

