Laurus Bio Private Limited

Develops enzymatic solutions for biotech and pharma industries, ISO certified.

2005 | Bangalore, Karnataka (India) | Active
Last Updated:

Laurus Bio Profile

Key Indicators

  • Authorised Capital ₹ 38.44 Cr
  • Paid Up Capital ₹ 2.59 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 120.00 Cr
  • Satisfied Charges ₹ 34.83 Cr
  • Revenue Growth 28.20%
  • Profit Growth -29.50%
  • Ebitda 11.51%
  • Net Worth 40.93%
  • Total Assets 54.88%

About Laurus Bio

Laurus Bio Private Limited (LBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 July 2005 and has a history of 19 years and nine months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Richcore Lifesciences Private Limited. The Company is engaged in the Life Sciences Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 38.44 Cr and a paid-up capital of Rs 2.59 M.

The company currently has active open charges totaling ₹120.00 Cr. The company has closed loans amounting to ₹34.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Laurus Bio Private Limited India is Rajesh Krishnamurthy as CEO. Rajaram, Aruna Bhinge, Uma Vasireddi, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U02423KA2005PTC036770

  • Company No.

    036770

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 2005

  • Date of AGM

    30 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Life Sciences
Company report

Laurus Bio Private Limited

Explore comprehensive data for Laurus Bio Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Laurus Bio?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Krishnamurthy CEO01-Oct-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Aruna Bhinge Country flag representing In Director 16-Aug-2022Current
Rajaram Country flag representing In Director 30-Jan-2021Current
Uma Vasireddi Country flag representing In Director 20-Jan-2021Current
Krishnakalyan Dhandapani Country flag representing In Whole-Time Director 23-May-2014Current
Venkata Vantaram Country flag representing In Director 20-Jan-2021Current
Chava Satyanarayana Country flag representing In Director 20-Jan-2021Current

Financial Performance of Laurus Bio.

Laurus Bio Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.2% increase. The company also saw a substantial fall in profitability, with a 29.5% decrease in profit. The company's net worth Soared by an impressive increase of 40.93%.

Laurus Bio revenue growth over time
Laurus Bio 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
28.20%
Revenue from Operations
28.27%
Total Assets
54.88%
Profit or Loss
-29.50%
Net Worth
40.93%
EBITDA
11.51%

What is the Ownership and Shareholding Structure of Laurus Bio?

In 2023, Laurus Bio had a promoter holding of 18.26% and a public holding of 81.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹120.00 Cr

Satisfied Charges

₹34.83 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 120.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 2021Citi Bank N.A.₹95.00 CrOpen
25 May 2021Citi Bank N.A.₹25.00 CrOpen
13 Nov 2020Others₹8.00 CrSatisfied
03 Sep 2020Others₹8.50 MSatisfied
30 Jun 2020Indian Bank₹1.85 CrSatisfied

How Many Employees Work at Laurus Bio?

Laurus Bio has a workforce of 347 employees as of Apr 03, 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.

Employee growth trends for Laurus Bio Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Laurus Bio, 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 Laurus Bio'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 Laurus Bio

Recent activity within the organization

  • Director Appointment

    Venugopala Rao Malempati was appointed as a Director was appointed as a Director on 20 Jul 2023 & has been associated with this company since 1 year 8 months .

  • Annual General Meeting

    Laurus Bio Private Limited last Annual general meeting of members was held on 30 Jun 2023 as per latest MCA records.

  • Balance Sheet

    Laurus Bio Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Citi Bank N.A. of Rs. 95.00 Cr registered on 25 May 2021 with Charge ID 100461440 was modified on 03 Feb 2023.

  • Director Appointment

    Aruna Rajendra Bhinge was appointed as a Director was appointed as a Director on 16 Aug 2022 & has been associated with this company since 2 years 7 months .

  • Charges

    A charge with Citi Bank N.A. of Rs. 25.00 Cr registered on 25 May 2021 with Charge ID 100461444 was modified on 02 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Laurus Bio Private Limited?

    Laurus Bio Private Limited was incorporated on 14 Jul 2005.

  • What is authorized share capital and paid-up capital of Laurus Bio Private Limited?

    The authorized share capital of Laurus Bio Private Limited is ₹ 38.44 Cr and paid-up capital is ₹ 2.59 M.

  • Who are the current board members & directors of Laurus Bio Private Limited?

    Currently 9 directors are associated with Laurus Bio Private Limited.

    • Rajaram
    • Aruna Rajendra Bhinge
    • Uma Maheswar Rao Vasireddi
    • Krishnakalyan Thiruvannamalai Dhandapani
    • Venkata Ravi Kumar Vantaram
    • Chava Satyanarayana
    • Venugopala Rao Malempati
    • Rajesh Krishnamurthy
    • Rajesh Krishnamurthy

  • What is the registered address of Laurus Bio Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Laurus Bio Private Limited is Plot No. 204 And 237 Bommasandra-Jigani Link Road Kiadb Industrial Area Jigani Hobli Ane, Kal Taluk, Bangalore, Karnataka, India, 560105.

  • What is the corporate identification number (CIN) and company number of Laurus Bio Private Limited?

    The corporate identification number (CIN) of Laurus Bio Private Limited is U02423KA2005PTC036770 and the company number is 036770 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Laurus Bio Private Limited?

    The Official website of Laurus Bio Private Limited is https://www.laurus.bio

  • What has been the recent revenue trend for Laurus Bio Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Laurus Bio Private Limited has risen by 28.20%.

  • How many employees does Laurus Bio Private Limited currently have?

    As Per 2023 financial reports, 347 employees are currently employed by Laurus Bio Private Limited.

  • What change has been observed in the net worth of Laurus Bio Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Laurus Bio Private Limited has experienced an upsurge of 40.93%.

  • What are the total open charges for Laurus Bio Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Laurus Bio Private Limited amount to ₹ 120.00 Cr.

  • When was the last Balance Sheet of Laurus Bio Private Limited filed with the ROC?

    The most recent Balance Sheet for Laurus Bio Private Limited was filed with the ROC on 31 Mar 2023.

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