SME
Introduction: nbsp;Banka BioLoo is a business involved in developing innovative and environmental friendly products and services for sanitation infrastructure and human waste management system. Aim of the company is to deal with the issue of open defecation. Their technology facilitates degrading of Human waste in the most effective manner. They manufacture and supply ELOO – The BioDigester toilets.
Date of Establishment: The company was founded in 2008 and is based out of Hyderabad, India.
Product & Service Offering: Product service offerings of Banka BioLoo are mentioned below:
- Operations and maintenance of bio-toilets
- Consultancy for development of large bio-tank
- Wastewater treatment and recycling solutions
Customer Segment: Company rsquo;s client base includes companies in the construction sector, Oil and Gas and Government to name a few. Given below is a sample list of clients of Banka BioLoo
- GAIL
- Havells
- Govt. fo Andhra Pradesh
- L&T
- Indian Railways
Promoters of Banka BioLoo: Company is promoted by its founder Namita Banka
Objects of the Issue: The aim of the issue is to fund the capital expenses required for Inoculum unit at Aler and proposed new unit at Ibrahimpatnam. Apart from this proceeds from ths issue will also be used for cash required for funding day to day company activities, sundry corporate expenses and issue related expenses
Company Financials:
|
Summary of financial Information (Restated Consolidated) |
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|
Particulars |
For the year/period ended (in Rs. million) |
|||||
|
31-Mar-17 |
31-Mar-16 |
31-Mar-15 |
31-Mar-14 |
31-Mar-13 |
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|
Total Assets |
110.4 |
95.7 |
57.8 |
51.1 |
19.7 |
|
|
Total Revenue |
151.5 |
143.2 |
81.9 |
53.0 |
4.33 |
|
|
Profit After Tax |
11.5 |
3.18 |
0.75 |
0.87 |
0.19 |
|
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