Proalgen Biotech Limited

U24117TN1997PLC037629ActivePublic · Non-govt companyRoC-ChennaiUnlisted
Last updated: 2026-06-08
67
Compliance Health · C · provisional
3 / 4 signals passed

Proalgen Biotech Limited is a Public Non-govt company company incorporated in 1997 and based in Tamil Nadu, India. Proalgen Biotech Limited operates in Pharmaceuticals & Chemicals (NIC 24117) with authorized capital of ₹15.00 Cr and paid-up capital of ₹11.99 Cr. For 2022-23, the company reported revenue of ₹4.20 Cr and a net loss of ₹1.01 Cr. RegisterKaro's provisional Compliance Health Score for the company is 67/100 (grade C), based on 4 of 9 signals — full scoring is pending extraction of the company's MCA filing history.

Risk FlagsDirectors not yet extracted · awaiting MGT-7AGM 1692d ago · may be overdue
Revenue (latest FY)
₹4.20 Cr
2022-23
PAT (latest FY)
₹-1.01 Cr
Margin -23.9%
Open Charges
0
No encumbrances
Active Directors
0
No resignations
Paid-up Capital
₹11.99 Cr
80% of authorized
Filings on Record
0
All current
Incorporated
1997
29 years old
State
Tamil Nadu
Sector
Pharmaceuticals & Chemicals
NIC 24117
Class
Public
Sub-category
Non-govt company
Authorized Capital
₹15.00 Cr
Paid-up Capital
₹11.99 Cr
80% utilized
Members
Last AGM
24 Dec 2021
1692d ago
Last Balance Sheet
31 Mar 2021
1960d ago
Latest Filing
Registered Email
r*****(at)proalgen.com
Registered Office
New. No. 8, Old No. 11, 6th Cross Street, Karpagam Gardens, Adyar, Chennai Chennai TN 600020 IN
PROALGEN BIOTECH LIMITED
Brand PROALGEN BIOTECH LIMITED · Legal entity Proalgen Biotech Limited

PROALGEN BIOTECH LIMITED is the legal entity of Proalgen.

Total Funding
Latest Round
Revenue
Valuation
Funding Rounds
Employees
242
Stage
HQ
Founded
1997
Joined to MCA on CIN U24117TN1997PLC037629

Quick facts

Identity · Activity · Auditor · Contact
Registered office
New. No. 8, Old No. 11, 6th Cross Street, Karpagam Gardens, Adyar, Chennai Chennai TN 600020 IN
NIC code
24117
Statutory auditor
Awaiting ADT-1 / AOC-4 extraction
Registered email
r*****(at)proalgen.com
Section
Pharmaceuticals & Chemicals
ROC
RoC-Chennai
Website
Class · sub-category
Public · Non-govt company
Incorporation · Last AGM
03 Mar 1997 · 24 Dec 2021

Directors

From MGT-7 annual returnLocked
SI
Suresh Iyer
Additional Director
8.8y · New Delhi · DIN 4390771
KB
Kunal Bhatia
Additional Director
4.8y · Bengaluru · DIN 3608132
AM
Arun Malhotra
Whole-time Director
7.8y · Bengaluru · DIN 6531558
Get the full board of directors

Directors, DINs & appointment history for Proalgen Biotech Limited.

₹499₹169(excl. taxes)
What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

MCA Filings

AOC-4 · MGT-7 historyLocked
FormFYFiledDueDelayStatus
AOC-4FY2024-2530 Oct 202430 Oct 2024+18dfiled
MGT-7FY2024-2523 Nov 202429 Nov 20240dfiled
AOC-4FY2023-2430 Oct 202330 Oct 2023+28dfiled
MGT-7FY2023-2420 Nov 202329 Nov 20230dfiled
AOC-4FY2022-2330 Oct 202230 Oct 20220dfiled
MGT-7FY2022-2322 Nov 202229 Nov 20220dfiled
Get financial statements & other filing documents

Full MCA filing history for Proalgen Biotech Limited.

₹499₹169(excl. taxes)
What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Charges

Registered charges & encumbrancesLocked
Charge IDHolderAmountCreatedStatus
817787498Kotak Mahindra Bank Ltd(Bank)₹4.79 Cr12 Mar 2023Open
292195962Kotak Mahindra Bank Ltd(Bank)₹20.01 Cr12 Mar 2019Satisfied
596236646Kotak Mahindra Bank Ltd(Bank)₹8.93 Cr12 Mar 2021Satisfied
748608277Axis Bank Ltd(Bank)₹24.66 Cr04 Jul 2020Satisfied
401266137Axis Bank Ltd(Bank)₹20.69 Cr19 Sep 2023Satisfied
See registered charges & lenders

Charge IDs, lenders & amounts for Proalgen Biotech Limited.

₹499₹169(excl. taxes)
What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Financial Performance

MCA4 reporting years
Revenue (bars) vs PAT (line) by FY
Revenue PAT
₹0₹2.70 Cr₹5.39 Cr₹8.09 Cr₹4.64 Cr₹7.17 Cr₹7.70 Cr₹6.08 Cr2019-202020-212021-222022-23
FYRevenuePATNet WorthTotal AssetsEmployees
2022-23
2021-22
2020-21
2019-20

Detailed Financials

4 FYsIncome statement + balance sheet
Line item2022-232021-222020-212019-20
Income statement
Revenue from operations
Other income
Total income
Total expenses
Profit before tax
Profit / (Loss) after tax
Balance sheet
Equity / Net worth
Borrowings
Current liabilities
Total liabilities
Current assets
Cash & equivalents
Total assets
Employees

Cash-flow statement renders when the AOC-4 XBRL Cash Flow context is parsed during the extract phase.

Compounded Annual Growth Rate

Derived from multi-FY filings
MetricLatest value1Y CAGR3Y CAGR5Y CAGR
Revenue2022-23+15.0%-2.0%
Profit after Tax2022-23
Net Worth2022-23-4.0%-3.0%

Financial Ratios

Profitability · leverage · efficiency
FYRevenuePATPAT marginRev growthROEROAD/ERev/emp
2019-20-1.50%-0.62%-0.36%
2020-21-8.35%+1.50%-3.63%-2.09%
2021-22-23.70%-24.74%-8.42%-4.51%
2022-23-23.94%+10.13%-10.33%-5.39%

Cap Table & Shareholding

Promoter · institutional · publicLocked
CategoryShareholdersShares held%
Promoters41,48,28,83887.54%
Institutional Investors36,74,4453.98%
Public & Others6414,36,6278.48%
See the full shareholding pattern

Promoter, institutional & public holding for Proalgen Biotech Limited.

₹499₹169(excl. taxes)
What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Peer Benchmark

4 peersSame sector + state + ±5y vintage
MetricThis companyCohort medianCohort P75Quartile
Revenue (latest FY)
Bottom quartile · P0
PAT (latest FY)
Bottom quartile · P0
Employees
Paid-up capital
Top quartile · P100
Compliance Health
96
96
96
3rd quartile · P25

Top 10 in Pharmaceuticals & Chemicals

by healthView all ›
01
Talcher Fertilizers Limited
Odisha · Inc 2015
Paid-up
Revenue
A · 96
02
Paid-up
Revenue
A · 96
03
Hpcl Biofuels Limited
Bihar · Inc 2009
Paid-up
Revenue
A · 96
04
Aspiro Pharma Limited
Telangana · Inc 2014
Paid-up
Revenue
A · 96
05
Jubilant Biosys Limited
Uttar Pradesh · Inc 1998
Paid-up
Revenue
A · 96
06
Paid-up
Revenue
A · 96
07
Paid-up
Revenue
A · 96
08
Hetero Biopharma Limited
Telangana · Inc 2016
Paid-up
Revenue
A · 96
09
Paid-up
Revenue
A · 96
10
Paid-up
Revenue
A · 96

Events & timeline

2Filings, charges, board changes
27 Sept 2018
Malaiappan appointed as Director
03 Mar 1997
Company incorporated
Proalgen Biotech Limited registered with RoC-Chennai; year 1997

External data sources

7 plannedWhat lands here as ingestion comes online

GSTIN Registrations

Planned
GST portal

Per-state GSTINs + GSTR-1/3B filing cadence + turnover bracket. PAN-keyed scrape.

MSME Payment Delays

Planned
MSME-1 form

Half-yearly disclosure of payments delayed beyond 45 days to MSME suppliers.

Related Party Transactions

Planned
AOC-4 schedule

Counterparty, nature, transaction value. Inter-company loans, sales, royalty.

Credit Ratings

Planned
CRISIL / ICRA / CARE feeds

Long-term + short-term ratings, with rationale on rating actions.

Trademarks

Planned
IP India Trademark Registry

Applied, registered, opposed. Class numbers + status.

Patents

Planned
IP India Patent Registry

Applications and grants. Inventor names + filing dates.

Legal Cases

Planned
eCourts + Indian Kanoon

Ongoing + past litigations the entity is party to.

Each source is wired as a separate ingestion adapter behind the scraper. Live status flips per CIN as records land.

FAQs about Proalgen Biotech Limited

When was Proalgen Biotech Limited incorporated?
Proalgen Biotech Limited was incorporated in 1997 (around 03 Mar 1997). Its CIN is U24117TN1997PLC037629 and it is registered with RoC-Chennai.
Where is Proalgen Biotech Limited located?
Proalgen Biotech Limited is headquartered in Tamil Nadu, at: New. No. 8, Old No. 11, 6th Cross Street, Karpagam Gardens, Adyar, Chennai Chennai TN 600020 IN .
What sector does Proalgen Biotech Limited operate in?
Proalgen Biotech Limited operates in the Pharmaceuticals & Chemicals sector (NIC code 24117), classified as Non-govt company.
Who are the directors of Proalgen Biotech Limited?
Director details for Proalgen Biotech Limited have not yet been extracted from MGT-7 filings.
What is the paid-up capital of Proalgen Biotech Limited?
Proalgen Biotech Limited has authorized capital of ₹15.00 Cr and paid-up capital of ₹11.99 Cr.
Does Proalgen Biotech Limited have any open charges?
Proalgen Biotech Limited has no open MCA-registered charges on record.
What is Proalgen Biotech Limited's Compliance Health Score?
RegisterKaro's Compliance Health Score for Proalgen Biotech Limited is 67/100 (grade C), based on 4 assessable weighted signals across charges, directors, capital, and overall status. 3 of 4 passed — this is a provisional score; full scoring is pending extraction of the company's MCA filing history.