About String Bio Private Limited
Data last updated:
String Bio Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 03 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24297KA2013PTC069481. Its GSTIN is 29AATCS6642L1ZE (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5.05 Cr and a paid-up capital of ₹4.94 Cr. It is led by directors including Vinod Munisanjeevaiah Lakshmi Kumar and Murali Sundaram Sastry.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.49 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹9.02 Cr (net margin -54.7%) and EBITDA of -₹1.35 Cr (EBITDA margin -8.2%). Revenue has grown at a compounded annual rate (CAGR) of 177% over three years and 92% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: String Bio. As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹9 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹185.5 Cr; the latest was in August 2022. Its 10 peer companies in the Biotechnology industry (Biotechnology) are compared by revenue, 5 larger and 5 smaller; the largest is Micro Bax (India) Limited with revenue of ₹16.94 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 4 overdue payments to 4 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 stringbio.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.456G 1st Main Road Vinayaka Nagar Oppositekenna Metal Widia 9th Mile Tumkurroad Nagasan, Dra Post, Bangalore, Karnataka, India – 560073
- IndustryLife Sciences, Biotechnology
- 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
- One PDF report, delivered after checkout
Business Activity of String Bio Private Limited
The main business activity of String Bio is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of String Bio Private Limited FY 2025 filings available
String Bio Private Limited reported revenue of ₹16.49 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of String Bio Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 92% over five years, including 16% growth in the latest year. EBITDA fell 128% 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 of String Bio Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.02 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of String Bio Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -54.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of String Bio are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of String Bio Private Limited
String Bio Private Limited is compared with the companies closest to it by revenue in the Biotechnology industry (Biotechnology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Micro Bax (India) Limited | ₹16.94 Cr (FY 2020) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Indus Gene Expressions Limited | ₹16.82 Cr (FY 2023) | •••• | •••• | 570.0% | •••• | Andhra Pradesh, India |
| Dhiti Life Sciences Private Limited | ₹16.67 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | New Delhi, Delhi, India |
| Provis Biolabs Private Limited | ₹16.57 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Acrannolife Genomics Private Limited | ₹16.55 Cr (FY 2024) | •••• | •••• | 108.0% | •••• | Chennai, Tamil Nadu, India |
| String Bio Private Limited this company | ₹16.49 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Life Technologies (India) Private Limited | ₹16.27 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Delhi, India |
| Lords Mark Microbiotech Private Limited | ₹16.11 Cr (FY 2024) | •••• | •••• | •••• | Borivlai East, Maharashtra, India | |
| GV Research Platform Private Limited | ₹15.99 Cr (FY 2024) | •••• | •••• | 1094.0% | •••• | Hyderabad, Telangana, India |
| Geistlich Pharma India Private Limited | ₹15.83 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Microsun Bio Plants (India) Private Limited | ₹15.81 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below String Bio by revenue in the Biotechnology industry (Biotechnology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of String Bio Private Limited
String Bio Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of String Bio Private Limited
String Bio has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Munisanjeevaiah Lakshmi Kumar Also directs: String Estates Private Limited | Director | 03 Jun 2013 | 13 Years 4 Months | Current |
| Murali Sundaram Sastry | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Ezhilkani Subbian | Director | 21 Oct 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of String Bio Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of String Bio Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2024 | Hdfc Bank Limited | ₹4 Cr | Open |
| 31 Jul 2021 | Others | ₹9 Lakh | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of String Bio Private Limited
String Bio Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹185.5 Cr; the latest was in August 2022.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round · Series B | ₹150 Cr | Investors: Woodside Energy Technologies Pty Limited, Ankur Capital, Dare Ventures |
| Mar 2019 | Funding round · Series A | ₹16 Cr | Investors: Oil and Natural Gas Corporation Limited , Seventure Partners, Ankur Capital |
| Mar 2018 | Rights issue | ₹3.42 Cr | Investors: 2 individuals |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of String Bio Private Limited
String Bio Private Limited has 1 court case on record: 1 filed by String Bio. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by String Bio Private Limited
String Bio Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 4 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Value Point Systems Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| H.R.Engineering Works Private Limited | •••• | •••• | •••• |
| Machpack Process Machines Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with String Bio Private Limited
String Bio operates one associated brand: String Bio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bio-based ingredients for nutrition and agriculture are developed sustainably. | stringbio.com |
Employees and EPFO Compliance at String Bio Private Limited
String Bio Private Limited has a workforce of 76 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to String Bio Private Limited
Recent Activity on String Bio Private Limited
String Bio Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Murali Sundaram Sastry ceased to be Additional Director on 26 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for String Bio Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of String Bio Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of String Bio Private Limited
String Bio has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCS6642L1ZE | Karnataka | Active | 10 Jul 2017 |
| 27AATCS6642L1ZI | Maharashtra | Active | 08 May 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of String Bio Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about String Bio Private Limited
String Bio is an active private limited company based in Bangalore, Karnataka, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 03 June 2013 (13+ years old) and is registered under CIN U24297KA2013PTC069481.
String Bio reported revenue of ₹16.49 Cr for FY 2024 (up 16% YoY).
String Bio has 3 current directors:
- Vinod Munisanjeevaiah Lakshmi Kumar - Director
- Murali Sundaram Sastry - Director
- Ezhilkani Subbian - Director
String Bio reported a net loss of ₹9.02 Cr (net margin -54.7%) and EBITDA of -₹1.35 Cr (EBITDA margin -8.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of String Bio is 177% over three years and 92% over five years. In the latest year (FY 2024) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of String Bio is 29AATCS6642L1ZE, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AATCS6642L1ZI (Maharashtra).
The CIN (Corporate Identification Number) of String Bio is U24297KA2013PTC069481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
String Bio has 1 court case on record: 1 filed by the company. 1 is pending.
String Bio was incorporated on 03 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
String Bio has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹185.5 Cr; the latest was in August 2022.
The peers of String Bio by revenue are Micro Bax (India) Limited, Indus Gene Expressions Limited, Dhiti Life Sciences Private Limited, Provis Biolabs Private Limited, Acrannolife Genomics Private Limited and 5 more, all in the Biotechnology industry (Biotechnology).
Murali Sundaram Sastry ceased to be Additional Director on 26 Sep 2019. Murali Sundaram Sastry was appointed as Director on 01 Apr 2019. Ezhilkani Subbian ceased to be Additional Director on 28 Sep 2018. String Bio has 6 board changes on record in total.