Invitro Research Solutions Private Limited

Founded in 2016 and headquartered in Karnataka, India.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Invitro Research Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.22 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.04 Cr
  • Satisfied Charges ₹ 7.50 M
  • Revenue Growth 28.38%
  • Profit Growth -59.05%
  • Ebitda -19.30%
  • Net Worth 224.85%
  • Total Assets 38.32%

About Invitro Research Solutions

Invitro Research Solutions Private Limited (IRSPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 July 2016 (Eight years and six months 18 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Biostec Research Labs Private Limited. The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.22 M.

The company currently has active open charges totaling ₹1.04 Cr. The company has closed loans amounting to ₹7.50 M, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016PTC095072

  • Company No.

    095072

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Pharma

Who are the key members and board of directors at Invitro Research Solutions?

Board Members (2)

Name Designation Appointment Date Status
Subbaiah Devaiah Country flag representing In Whole-Time Director 18-Jul-2016 Current
Umesh Bisile Country flag representing In Whole-Time Director 26-Feb-2021 Current

Financial Performance of Invitro Research Solutions.

Invitro Research Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.38% increase. The company also saw a substantial fall in profitability, with a 59.05% decrease in profit. The company's net worth Soared by an impressive increase of 224.85%.

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
28.38%
Revenue from Operations
28.57%
Total Assets
38.32%
Profit or Loss
-59.05%
Net Worth
224.85%
EBITDA
-19.30%

What is the Ownership and Shareholding Structure of Invitro Research Solutions?

In 2023, Invitro Research Solutions had a promoter holding of 37.00% and a public holding of 63.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.35 M

Satisfied Charges

₹7.50 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.75 Cr
  • Others : 0.29 Cr

Latest Charge Details

Date Lender Amount Status
08 Dec 2023 Axis Bank Limited ₹7.50 M Open
25 Feb 2023 Others ₹2.85 M Open
13 Sep 2021 Others ₹7.50 M Satisfied

How Many Employees Work at Invitro Research Solutions?

Unlock and access historical data on people associated with Invitro Research Solutions, 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 Invitro Research Solutions, 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 Invitro Research Solutions'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 Invitro Research Solutions

Recent activity within the organization

  • Annual General Meeting

    Invitro Research Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Invitro Research Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.50 M with Charge ID 100838611 was registered on 08 Dec 2023.

    08 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 2.85 M with Charge ID 100691855 was registered on 25 Feb 2023.

    25 Feb 2023

  • Charges

    A charge registered on 13 Sep 2021 via Charge ID 100498498 with Others was fully satisfied on 22 Dec 2021.

    22 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100498498 was registered on 13 Sep 2021.

    13 Sep 2021

Frequently asked questions

  • Invitro Research Solutions Private Limited was incorporated on 18 Jul 2016.

  • The authorized share capital of Invitro Research Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.22 M.

  • Currently 2 directors are associated with Invitro Research Solutions Private Limited.

    • Subbaiah Muddanda Devaiah
    • Umesh Anantha Padmanabha Bisile
  • As per Ministry of Corporate Affairs (Mca), the registered address of Invitro Research Solutions Private Limited is G-011 Flat No.G-011 Ground Floor Conopy Calyx Apt, Coffee Board Layout India, Bangalore, Karnataka, 560024.

  • The corporate identification number (CIN) of Invitro Research Solutions Private Limited is U74999KA2016PTC095072 and the company number is 095072 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Invitro Research Solutions Private Limited is https://www.ivrs.org.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Invitro Research Solutions Private Limited has risen by 28.38%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Invitro Research Solutions Private Limited has experienced an upsurge of 224.85%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Invitro Research Solutions Private Limited amount to ₹ 1.04 Cr.

  • The most recent Balance Sheet for Invitro Research Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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