Sriam Labs Profile
Key Indicators
- Authorised Capital ₹ 14.50 Cr
- Paid Up Capital ₹ 14.20 Cr
- Company Age 23 Year, 20 Days
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 84.73 Cr
- Revenue Growth -18.54%
- Profit Growth -37.71%
- Ebitda -38.20%
- Net Worth 20.71%
- Total Assets 0.91%
About Sriam Labs
Sriam Labs Private Limited (SLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 February 2002 and has a history of 23 years. Its registered office is in Nalgonda, Telangana, India.
The Corporate was formerly known as Sai Ram Organics 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 14.50 Cr and a paid-up capital of Rs 14.20 Cr.
The company has closed loans amounting to ₹84.73 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sriam Labs Private Limited India is Gogireddy Reddy as COMPANY SECRETARY. Uma Vasireddi, Krishna Chava, Srinivasa Suryadevara, and One other member serve as directors at the Company.
Company Details
- Location
Nalgonda, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24239TG2002PTC038490
- Company No.
038490
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Feb 2002
- Date of AGM
01 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Pharma
Who are the key members and board of directors at Sriam Labs?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gogireddy Reddy  | Company Secretary | 01-Apr-2020 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Uma Vasireddi | Director | 27-Apr-2011 | Current |
| Krishna Chava | Director | 25-Jul-2019 | Current |
| Srinivasa Suryadevara | Director | 25-Jul-2014 | Current |
Venkata Chunduru  | Director | 25-Jul-2014 | Current |
Financial Performance of Sriam Labs.
Sriam Labs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.54% decrease. The company also saw a substantial fall in profitability, with a 37.71% decrease in profit. The company's net worth Soared by an impressive increase of 20.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sriam Labs?
In 2023, Sriam Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Laurus Synthesis Private LimitedKrishna Chava is a mutual person
Laurus Bio Private LimitedUma Vasireddi is a mutual person
Laurus Labs LimitedKrishna Chava, Venkata Chunduru and 1 more are mutual person
Chemiasoft Private LimitedKrishna Chava is a mutual person
Laurus Specialty Chemicals Private LimitedKrishna Chava is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹84.73 Cr
Charges Breakdown by Lending Institutions
- Others : 29.60 Cr
- Andhra Bank : 27.36 Cr
- Axis Bank Limited : 10.00 Cr
- Syndicate Bank : 9.65 Cr
- State Bank Of India : 7.65 Cr
- Others : 0.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2020 | Axis Bank Limited | ₹10.00 Cr | Satisfied |
| 30 Apr 2015 | Andhra Bank | ₹6.00 Cr | Satisfied |
| 21 Jan 2015 | Andhra Bank | ₹0.67 M | Satisfied |
| 18 Jun 2014 | Andhra Bank | ₹6.00 Cr | Satisfied |
| 28 Jan 2013 | Andhra Bank | ₹5.60 Cr | Satisfied |
How Many Employees Work at Sriam Labs?
Sriam Labs has a workforce of 97 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sriam 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 Sriam Labs's trajectory.
Rating
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
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 Sriam Labs
Recent activity within the organization
- Annual General Meeting
Sriam Labs Private Limited last Annual general meeting of members was held on 01 Jul 2024 as per latest MCA records.
- Balance Sheet
Sriam Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge registered on 29 Dec 2020 via Charge ID 100406914 with Axis Bank Limited was fully satisfied on 02 Jul 2022.
- Charges
A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 29 Dec 2020 with Charge ID 100406914 was modified on 09 Mar 2021.
- Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100406914 was registered on 29 Dec 2020.
- Director Appointment
Gogireddy Venkateswar Reddy was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2020 & has been associated with this company since 4 years 11 months .
Recent News, Updates & Announcement
Laurus Labs enters into JV agreement with KRKA, Slovenia.The joint venture will enable the production of finished products for the new markets Krka, an international generic pharmaceutical company in Novo Mesto, Slovenia and Laurus Labs have reached an agre.
- IIT Kanpur MoA with Laurus Labs for novel gene therapy assets.
Laurus Labs will establish a state-of-the-art Good Manufacturing Practice (GMP) facility at IIT Kanpur's Techno Park The Indian Institute of Technology Kanpur (IITK) has entered into a Memorandum of A.
- Laurus Labs Acquires Phekolong Pharmaceuticals for ZAR 75,000, Expands Reach in South African ARV Market.
Laurus Labs buys Phekolong Pharmaceuticals for ZAR 75,000. Deal to be done by November. Laurus gets access to South African ARV market, while Aspen will still make ARVs for public sector. Laurus also makes APIs for cancer and other diseases..
- Aspen Strikes Deal With India’s Laurus to Cut Cost of HIV Drugs.
Aspen plans to license intellectual property rights owned by Laurus..
Frequently asked questions
What is the Incorporation or founding date of Sriam Labs Private Limited?
Sriam Labs Private Limited was incorporated on 12 Feb 2002.
What is authorized share capital and paid-up capital of Sriam Labs Private Limited?
The authorized share capital of Sriam Labs Private Limited is ₹ 14.50 Cr and paid-up capital is ₹ 14.20 Cr.
Who are the current board members & directors of Sriam Labs Private Limited?
Currently 5 directors are associated with Sriam Labs Private Limited.
- Uma Maheswar Rao Vasireddi
- Krishna Chaitanya Chava
- Srinivasa Rao Suryadevara
- Venkata Lakshmana Rao Chunduru
- Gogireddy Venkateswar Reddy
What is the registered address of Sriam Labs Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sriam Labs Private Limited is Sy. No. 505 Padamati Somaram Road Bibinagar (Village Mandal), India, Yadadri Bhuvanagiri District, Telangana, 508126.
What is the corporate identification number (CIN) and company number of Sriam Labs Private Limited?
The corporate identification number (CIN) of Sriam Labs Private Limited is U24239TG2002PTC038490 and the company number is 038490 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sriam Labs Private Limited?
The Official website of Sriam Labs Private Limited is https://www.sriam-labs.lookchem.com
What has been the recent revenue trend for Sriam Labs Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sriam Labs Private Limited has fallen by -18.54%.
How many employees does Sriam Labs Private Limited currently have?
As Per 2023 financial reports, 97 employees are currently employed by Sriam Labs Private Limited.
What change has been observed in the net worth of Sriam Labs Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sriam Labs Private Limited has experienced an upsurge of 20.71%.
When was the last Balance Sheet of Sriam Labs Private Limited filed with the ROC?
The most recent Balance Sheet for Sriam Labs Private Limited was filed with the ROC on 31 Mar 2024.
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