Strand Life Sciences Private Limited

This company develops and markets diagnostic tests for cancer and hereditary diseases, as well as data analysis software for genomics.

2000 | Bengaluru, Karnataka (India) | Active
Last Updated: July 17, 2024

Strand Life Sciences Profile

Key Indicators

  • Authorised Capital ₹ 28.10 Cr
  • Paid Up Capital ₹ 23.47 Cr
  • Company Age 24 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 35.02 Cr
  • Revenue Growth -14.65%
  • Profit Growth -77.06%
  • Ebitda -43.32%
  • Net Worth 16.19%
  • Total Assets 9.39%

About Strand Life Sciences

Strand Life Sciences Private Limited (SLSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 October 2000 and has a history of 24 years and four months. Its registered office is in Bengaluru, Karnataka, India.

The Corporate was formerly known as Strand Genomics 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 28.10 Cr and a paid-up capital of Rs 23.47 Cr.

The company has closed loans amounting to ₹35.02 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Strand Life Sciences Private Limited India are Ramesh Hariharan as Ceo, Anand Janakiraman as Cfo, and Wazda Tarannum as Company Secretary. Siddharth Achuthan, Vijaya Chandru, Nikhil Kavipurapu, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bengaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    strandls.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85199KA2000PTC027913

  • Company No.

    027913

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 2000

  • Date of AGM

    29 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Life Sciences

What products or services does Strand Life Sciences Private Limited offer?

Strand Life Sciences Private Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Data Management Systems, Data Entry & Data Processing Service, Database Management, Graphic Design & Animation Services, Graphic Design Services, Analyzers & Analytical Instruments, Digital Analyzers.

Who are the key members and board of directors at Strand Life Sciences?

Executive Team (3)

NameDesignationAppointment DateStatus
Ramesh Hariharan CEO13-Apr-2022Current
Anand Janakiraman CFO20-Jul-2022Current
Wazda Tarannum Company Secretary11-Sep-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Vijaya Chandru Country flag representing In Director 23-Oct-2000Current
Ramesh Hariharan Country flag representing In Director 01-Oct-2011Current
Nilesh Modi Country flag representing In Director 07-Jan-2022Current
Siddharth Achuthan Country flag representing In Director 19-Feb-2022Current
Nikhil Kavipurapu Country flag representing In Director 07-Jan-2022Current
Rahul Dutt Country flag representing In Director 19-Jan-2022Current

Financial Performance of Strand Life Sciences.

Strand Life Sciences Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.65% decrease. The company also saw a substantial fall in profitability, with a 77.06% decrease in profit. The company's net worth Soared by an impressive increase of 16.19%.

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
-14.65%
Revenue from Operations
-16.09%
Total Assets
9.39%
Profit or Loss
-77.06%
Net Worth
16.19%
EBITDA
-43.32%

What is the Ownership and Shareholding Structure of Strand Life Sciences?

In 2023, Strand Life Sciences had a promoter holding of 88.83% and a public holding of 11.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹35.02 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 18.00 Cr
  • Kotak Mahindra Bank Limited : 5.00 Cr
  • Technology Development Baord : 4.60 Cr
  • Hdfc Bank Limited : 3.00 Cr
  • Others : 2.25 Cr
  • Others : 2.17 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2018Yes Bank Limited₹18.00 CrSatisfied
18 Apr 2017Others₹2.25 CrSatisfied
06 Aug 2014Kotak Mahindra Bank Limited₹5.00 CrSatisfied
27 May 2011Department Of Biotechnology (Ministry Of Science And Technology)₹2.17 CrSatisfied
01 Dec 2009Hdfc Bank Limited₹3.00 CrSatisfied

How Many Employees Work at Strand Life Sciences?

Strand Life Sciences has a workforce of 428 employees as of Mar 29, 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 Strand Life Sciences, 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 Strand Life Sciences'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 Strand Life Sciences

Recent activity within the organization

  • Annual General Meeting

    Strand Life Sciences Private Limited last Annual general meeting of members was held on 29 Aug 2023 as per latest MCA records.

    29 Aug 2023

  • Balance Sheet

    Strand Life Sciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 21 Dec 2018 via Charge ID 100240755 with Yes Bank Limited was fully satisfied on 07 Apr 2022.

    07 Apr 2022

  • Director Appointment

    Siddharth Achuthan was appointed as a Director was appointed as a Director on 19 Feb 2022 & has been associated with this company since 3 years 2 days .

    19 Feb 2022

  • Director Appointment

    Rahul Yogendra Dutt was appointed as a Director was appointed as a Director on 19 Jan 2022 & has been associated with this company since 3 years 1 month .

    19 Jan 2022

  • Director Appointment

    Nikhil Chakrapani Suryanarayana Kavipurapu was appointed as a Director was appointed as a Director on 07 Jan 2022 & has been associated with this company since 3 years 1 month .

    07 Jan 2022

Frequently asked questions

  • Strand Life Sciences Private Limited was incorporated on 06 Oct 2000.

  • The authorized share capital of Strand Life Sciences Private Limited is ₹ 28.10 Cr and paid-up capital is ₹ 23.47 Cr.

  • Currently 9 directors are associated with Strand Life Sciences Private Limited.

    • Siddharth Achuthan
    • Vijaya Chandru
    • Nikhil Chakrapani Suryanarayana Kavipurapu
    • Ramesh Hariharan
    • Rahul Yogendra Dutt
    • Nilesh Pramodkumar Modi
    • Ramesh Hariharan
    • Anand Janakiraman
    • Wazda Tarannum
  • As per Ministry of Corporate Affairs (Mca), the registered address of Strand Life Sciences Private Limited is University Of Agricultural Sciences Convention -Centre Veterinary College Campus Bella, Ry Road, Bengaluru, Karnataka, India, 560024.

  • The corporate identification number (CIN) of Strand Life Sciences Private Limited is U85199KA2000PTC027913 and the company number is 027913 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Strand Life Sciences Private Limited is https://www.strandls.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Strand Life Sciences Private Limited has fallen by -14.65%.

  • As Per 2023 financial reports, 428 employees are currently employed by Strand Life Sciences Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Strand Life Sciences Private Limited has experienced an upsurge of 16.19%.

  • The most recent Balance Sheet for Strand Life Sciences Private Limited was filed with the ROC on 31 Mar 2023.

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