Lazuline Biotech Private Limited logo

Lazuline Biotech Private Limited

Develops and produces biosimilars, drugs, diagnostics kits, vaccines, and other bio products.
2011 | Shaikpet, Telangana (India) | Active

Last Updated:

June 18, 2024
HomeCompanyLazuline Biotech Private Limited

Who are the key members and board of directors at Lazuline Biotech?

Executive Team (2)

NameDesignationAppointment DateStatus
Palla Sivaiah InCompany Secretary26-Mar-2024Current
Kumar Kandimalla InManaging Director22-Apr-2017Current

Board Members(2)

NameDesignationAppointment DateStatus
Ramireddy Tummuru Us Director 24-Oct-2011Current
Satya Kandimalla In Director 21-Jul-2017Current

Financial Performance of Lazuline Biotech.

Lazuline Biotech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 180.73% increase. The company also saw a substantial improvement in profitability, with a 23.71% increase in profit. The company's net worth dipped by a decrease of 6.06%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
180.73%
Revenue from Operations
192.62%
Total Assets
3.88%
Profit or Loss
23.71%
Net Worth
-6.06%
EBITDA
126.16%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹71.00 Cr

LenderAmountStatus

Others

Creation Date: 11 Nov 2021
₹2.90 CrOpen

Canara Bank

Creation Date: 30 Jun 2021
₹12.00 CrOpen

Canara Bank

Creation Date: 27 Oct 2020
₹4.15 CrOpen

How Many Employees Work at Lazuline Biotech?

Lazuline Biotech has a workforce of 56 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Lazuline Biotech

Recent activity within the organization

  • Director Appointment

    Palla Sivaiah was appointed as a Company Secretary was appointed as a Company Secretary on 26 Mar 2024 & has been associated with this company since 8 months 26 days .

    26 Mar 2024

  • Annual General Meeting

    Lazuline Biotech Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Balance Sheet

    Lazuline Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 2.90 Cr registered on 11 Nov 2021 with Charge ID 100516803 was modified on 10 May 2022.

    10 May 2022

  • Charges

    A charge with Canara Bank of Rs. 4.15 Cr registered on 27 Oct 2020 with Charge ID 100400506 was modified on 09 May 2022.

    09 May 2022

  • Charges

    A charge with Others amounted to Rs. 2.90 Cr with Charge ID 100516803 was registered on 11 Nov 2021.

    11 Nov 2021

Frequently asked questions

  • Lazuline Biotech Private Limited was incorporated on 24 Oct 2011.

  • The authorized share capital of Lazuline Biotech Private Limited is ₹ 54.00 Cr and paid-up capital is ₹ 42.14 Cr.

  • Currently 5 directors are associated with Lazuline Biotech Private Limited.

    • Ramireddy Kodanda Tummuru
    • Kumar Venkata Naga Prasad Kandimalla
    • Palla Sivaiah
    • Kumar Venkata Naga Prasad Kandimalla
    • Satya Latha Kandimalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lazuline Biotech Private Limited is Plot No 769 M.No 8-2-293/82/A/769/1 3Rd Floor Beside Iqbalia International School, Road No 44 Jubilee Hills, Shaikpet, Telangana, India, 500033.

  • The corporate identification number (CIN) of Lazuline Biotech Private Limited is U24232TG2011PTC118015 and the company number is 118015 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lazuline Biotech Private Limited is https://www.lazulinebio.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lazuline Biotech Private Limited has risen by 180.73%.

  • As Per 2023 financial reports, 56 employees are currently employed by Lazuline Biotech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lazuline Biotech Private Limited has experienced an downturn of -6.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lazuline Biotech Private Limited amount to ₹ 71.00 Cr.

  • The most recent Balance Sheet for Lazuline Biotech Private Limited was filed with the ROC on 31 Mar 2023.

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