Peerless Biotech Private Limited

This company trades in diagnostic test kits and equipment, with over 200 products and 350 distributors.

2001 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 05, 2024

Peerless Biotech Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 23 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 19.10 Cr
  • Revenue Growth 73.38%
  • Profit Growth 111.39%
  • Ebitda 82.84%
  • Net Worth 56.45%
  • Total Assets 39.53%

About Peerless Biotech

Peerless Biotech Private Limited (PBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 May 2001 and has a history of 23 years and eight months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Healthcare 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹19.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Peerless Biotech Private Limited India is Sasidharan Kumar as CEO. Vinayak Bhat, Venkataramana Chebolu, Sasidharan Kumar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51397TN2001PTC047094

  • Company No.

    047094

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Healthcare

What products or services does Peerless Biotech Private Limited offer?

Peerless Biotech Private Limited offers a wide range of products and services, including Plastic & Glass Labware, Volumetric Pipette, Medical Laboratory Instruments, Rapid Test Kit, Infusion Syringes & Supplies, Blood Collection Tubes, Hematology Analyzers, ESR Analyzer.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Vinayak Bhat Country flag representing In Managing Director11-May-2001Current
Sasidharan Kumar CEO14-Sep-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Sasidharan Kumar Country flag representing In Whole-Time Director 12-Mar-2018Current
Venkataramana Chebolu Country flag representing In Director 16-Aug-2024Current
Prem Sethi Country flag representing In Director 16-Aug-2024Current
Prabhat Agrawal Country flag representing In Director 16-Aug-2024Current

Financial Performance of Peerless Biotech.

Peerless Biotech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 73.38% increase. The company also saw a substantial improvement in profitability, with a 111.39% increase in profit. The company's net worth Soared by an impressive increase of 56.45%.

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
73.38%
Revenue from Operations
74.24%
Total Assets
39.53%
Profit or Loss
111.39%
Net Worth
56.45%
EBITDA
82.84%

What is the Ownership and Shareholding Structure of Peerless Biotech?

In 2022, Peerless Biotech had a promoter holding of 78.00% and a public holding of 22.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 M

Satisfied Charges

₹191.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2016Hdfc Bank Limited₹3.00 CrOpen
29 Sep 2016Hdfc Bank Limited₹11.50 CrSatisfied
10 Oct 2001Bank Of Maharashtra₹7.60 CrSatisfied

How Many Employees Work at Peerless Biotech?

Peerless Biotech has a workforce of 214 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Peerless Biotech, 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 Peerless Biotech'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 Peerless Biotech

Recent activity within the organization

  • Charges

    A charge registered on 29 Sep 2016 via Charge ID 100060455 with Hdfc Bank Limited was fully satisfied on 19 Nov 2024.

    19 Nov 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Sasidharan Mohan Kumar was appointed as a Ceo was appointed as a Ceo on 14 Sep 2024 & has been associated with this company since 4 months 18 days .

    14 Sep 2024

  • Director Appointment

    Venkataramana Ram Chebolu was appointed as a Director was appointed as a Director on 16 Aug 2024 & has been associated with this company since 5 months 16 days .

    16 Aug 2024

  • Director Appointment

    Prem Sethi was appointed as a Director was appointed as a Director on 16 Aug 2024 & has been associated with this company since 5 months 16 days .

    16 Aug 2024

  • Director Appointment

    Prabhat Agrawal was appointed as a Director was appointed as a Director on 16 Aug 2024 & has been associated with this company since 5 months 16 days .

    16 Aug 2024

Frequently asked questions

  • Peerless Biotech Private Limited was incorporated on 11 May 2001.

  • The authorized share capital of Peerless Biotech Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 6 directors are associated with Peerless Biotech Private Limited.

    • Vinayak Vaikunth Bhat
    • Venkataramana Ram Chebolu
    • Sasidharan Mohan Kumar
    • Prem Sethi
    • Prabhat Agrawal
    • Sasidharan Mohan Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Peerless Biotech Private Limited is Block-C 36/37 Millenium -House M.K.Srinivasan Nagar - Main Road 144 Old Mahabali- Puram Perungudi, Chennai 96 India, Puram Perungudi Chennai - 96, Tamil Nadu, 600096.

  • The corporate identification number (CIN) of Peerless Biotech Private Limited is U51397TN2001PTC047094 and the company number is 047094 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Peerless Biotech Private Limited is https://www.peerlessbio.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Peerless Biotech Private Limited has risen by 73.38%.

  • As Per 2022 financial reports, 214 employees are currently employed by Peerless Biotech Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Peerless Biotech Private Limited has experienced an upsurge of 56.45%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Peerless Biotech Private Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Peerless Biotech Private Limited was filed with the ROC on 31 Mar 2024.

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