Genovo Development Services Limited

JV focused on R&D of niche and complex drug formulations for partners and third parties.

2008 | Bangalore, Karnataka (India) | Under Liquidation
Last Updated: April 22, 2024

Genovo Development Services Profile

Key Indicators

  • Authorised Capital ₹ 1.85 Cr
  • Paid Up Capital ₹ 1.83 Cr
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth %
  • Profit Growth -128.86%
  • Ebitda -1.43%
  • Net Worth -5.47%
  • Total Assets -0.79%

About Genovo Development Services

Genovo Development Services Limited (GDSL) is Under Liquidation company established on 23 Apr 2008 with its office registered at Bangalore, Karnataka, India and has been running since 16 Year, 9 Months with a paid up capital of 1.83 Cr. According to MCA records, 3 Directors are linked to this company as of 22 Apr 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24230KA2008PLC046164

  • Company No.

    046164

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 2008

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Pharma

Who are the key members and board of directors at Genovo Development Services?

Board Members (3)

NameDesignationAppointment DateStatus
Pankaj Garg Country flag representing In Director 03-May-2012Current
Venkatesh Yandapalli Country flag representing In Director 10-Jul-2019Current
Ashish Gogia Country flag representing In Director 17-Jun-2016Current

Financial Performance of Genovo Development Services.

Genovo Development Services Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 128.86% decrease in profit. The company's net worth dipped by a decrease of 5.47%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-0.79%
Profit or Loss
-128.86%
Net Worth
-5.47%
EBITDA
-1.43%

What is the Ownership and Shareholding Structure of Genovo Development Services?

In 2020, Genovo Development Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Hyderabad : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jan 2009State Bank Of Hyderabad₹8.00 CrSatisfied

How Many Employees Work at Genovo Development Services?

Unlock and access historical data on people associated with Genovo Development Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Genovo Development Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Genovo Development Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Genovo Development Services

Recent activity within the organization

  • Annual General Meeting

    Genovo Development Services Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.

    29 Sep 2022

  • Balance Sheet

    Genovo Development Services Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Director Appointment

    Venkatesh Yandapalli was appointed as a Director was appointed as a Director on 10 Jul 2019 & has been associated with this company since 5 years 6 months .

    10 Jul 2019

  • Director Appointment

    Ashish Gogia was appointed as a Director was appointed as a Director on 17 Jun 2016 & has been associated with this company since 8 years 7 months .

    17 Jun 2016

  • Charges

    A charge registered on 02 Jan 2009 via Charge ID 10138324 with State Bank Of Hyderabad was fully satisfied on 08 Aug 2014.

    08 Aug 2014

  • Director Appointment

    Pankaj Garg was appointed as a Director was appointed as a Director on 03 May 2012 & has been associated with this company since 12 years 8 months .

    03 May 2012

Frequently asked questions

  • Genovo Development Services Limited was incorporated on 23 Apr 2008.

  • The authorized share capital of Genovo Development Services Limited is ₹ 1.85 Cr and paid-up capital is ₹ 1.83 Cr.

  • Currently 3 directors are associated with Genovo Development Services Limited.

    • Venkatesh Yandapalli
    • Ashish Gogia
    • Pankaj Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Genovo Development Services Limited is Plot No.36 Bommasandra Industrial Area, Anekal Taluk, Bangalore, Karnataka, India, 560099.

  • The corporate identification number (CIN) of Genovo Development Services Limited is U24230KA2008PLC046164 and the company number is 046164 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Genovo Development Services Limited has experienced an downturn of -5.47%.

  • The most recent Balance Sheet for Genovo Development Services Limited was filed with the ROC on 31 Mar 2022.

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