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Micro Labs Profile
Key Indicators
- Authorised Capital ₹ 34.00 Cr
- Paid Up Capital ₹ 24.00 Cr
- Company Age 51 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,539.88 Cr
- Satisfied Charges ₹ 1,009.36 Cr
- Revenue Growth 15.53%
- Profit Growth 9.49%
- Ebitda 31.61%
- Net Worth 18.06%
- Total Assets 19.65%
About Micro Labs
Micro Labs Limited (MLL) was founded in India on 07 September 1973 and has a glorious history of 51 years and five months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Micro Labs Private Limited. The Company is engaged in the Financial Services 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 34.00 Cr and a paid-up capital of Rs 24.00 Cr.
The company currently has active open charges totaling ₹1,539.88 Cr. The company has closed loans amounting to ₹1,009.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Micro Labs Limited India are Veeravenkata Mullapudi as COMPANY SECRETARY and Badarinath Ibrampur as Cfo. Dilip Surana, Anand Surana, Pramod Shantilal, and Two other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24232KA1973PLC002401
- Company No.
002401
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Sep 1973
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Micro Labs Limited offer?
Micro Labs Limited offers a wide range of products and services, including TB, Tumor & Cancer Drugs, Anti Cancer Medicines, Anti Infective Drugs & Medicines, HIV Drugs, Antibacterial Drugs, Common Disease Medicines, Hair Growth Medicine, Pharmaceutical Tablets, Cardiovascular Drugs & Medication, Cardiac Drugs.
Who are the key members and board of directors at Micro Labs?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Veeravenkata Mullapudi | Company Secretary | 10-Jan-2024 | Current |
Dilip Surana ![]() | Managing Director | 18-Jul-1994 | Current |
Badarinath Ibrampur ![]() | CFO | 24-Jun-2014 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Anand Surana ![]() | Whole-Time Director | 01-Apr-2010 | Current |
Pramod Shantilal ![]() | Director | 22-Jun-2024 | Current |
Jain Namrata ![]() | Director | 12-Jul-2024 | Current |
Vijay Shah ![]() | Director | 20-Aug-2024 | Current |
Financial Performance of Micro Labs.
Micro Labs Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 15.53% increase. The company also saw a slight improvement in profitability, with a 9.49% increase in profit. The company's net worth Soared by an impressive increase of 18.06%.
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- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Micro Labs?
In 2023, Micro Labs had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Related Corporates (Common Directorship)
- Stern Chempharm Llp
Anand Surana is a mutual person
- Karneet Enterprises(India)Private Limited
Jain Namrata is a mutual person
- Vnurture Healthcare Software Solutions Private Limited
Dilip Surana and Anand Surana are mutual person
- Sunil Agro Foods Limited
Pramod Shantilal is a mutual person
- Dnr Corporation Private Limited
Pramod Shantilal is a mutual person
- Micro Infrastructure India Private Limited
Dilip Surana and Anand Surana are mutual person
Charges (Loans)
₹1,539.88 Cr
₹1,009.36 Cr
Charges Breakdown by Lending Institutions
- Others : 769.13 Cr
- Canara Bank : 250.00 Cr
- Standard Chartered Bank : 150.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 120.00 Cr
- Dbs Bank Limited : 100.00 Cr
- Others : 150.75 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
18 Jun 2022 | City Union Bank Limited | ₹5.00 Cr | Open |
21 Apr 2017 | Others | ₹379.88 Cr | Open |
24 Jan 2014 | Others | ₹389.25 Cr | Open |
29 Jun 2013 | The Hongkong And Shanghai Banking Corporation Limited | ₹120.00 Cr | Open |
04 Jul 2012 | Citi Bank N.A. | ₹40.00 Cr | Open |
How Many Employees Work at Micro Labs?
Micro Labs has a workforce of 408 employees as of Feb 28, 2025. 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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Deals i
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Gain comprehensive insights into the Deals and Valuation data of Micro Labs, 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 Micro Labs's trajectory.
Rating
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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
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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 Micro Labs
Recent activity within the organization
- Annual General Meeting
Micro Labs Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Director Appointment
Vijay Kantilal Shah was appointed as a Director was appointed as a Director on 20 Aug 2024 & has been associated with this company since 6 months 14 days .
- Director Appointment
Jain Namrata was appointed as a Director was appointed as a Director on 12 Jul 2024 & has been associated with this company since 7 months 22 days .
- Director Appointment
Pramod Kumar Shantilal was appointed as a Director was appointed as a Director on 22 Jun 2024 & has been associated with this company since 8 months 11 days .
- Balance Sheet
Micro Labs Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Veeravenkata Satya Vara Prasadu Mullapudi was appointed as a Company Secretary was appointed as a Company Secretary on 10 Jan 2024 & has been associated with this company since 1 year 1 month .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Micro Labs Limited?
Micro Labs Limited was incorporated on 07 Sep 1973.
What is authorized share capital and paid-up capital of Micro Labs Limited?
The authorized share capital of Micro Labs Limited is ₹ 34.00 Cr and paid-up capital is ₹ 24.00 Cr.
Who are the current board members & directors of Micro Labs Limited?
Currently 7 directors are associated with Micro Labs Limited.
- Veeravenkata Satya Vara Prasadu Mullapudi
- Dilip Surana
- Anand Surana
- Pramod Kumar Shantilal
- Jain Namrata
- Vijay Kantilal Shah
- Badarinath Krishtachary Ibrampur
What is the registered address of Micro Labs Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Micro Labs Limited is 31, Race Course Road India, Bengaluru, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Micro Labs Limited?
The corporate identification number (CIN) of Micro Labs Limited is U24232KA1973PLC002401 and the company number is 002401 as per Ministry of Corporate Affairs (MCA).
What is the official website of Micro Labs Limited?
The Official website of Micro Labs Limited is https://www.microlabsltd.com
What has been the recent revenue trend for Micro Labs Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Micro Labs Limited has risen by 15.53%.
How many employees does Micro Labs Limited currently have?
As Per 2024 financial reports, 408 employees are currently employed by Micro Labs Limited.
What change has been observed in the net worth of Micro Labs Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Micro Labs Limited has experienced an upsurge of 18.06%.
What are the total open charges for Micro Labs Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Micro Labs Limited amount to ₹ 1,539.88 Cr.
When was the last Balance Sheet of Micro Labs Limited filed with the ROC?
The most recent Balance Sheet for Micro Labs Limited was filed with the ROC on 31 Mar 2024.
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