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Hester Biosciences - About the company

Hester Biosciences is a public company based in Ahmedabad (India), founded in 1987 by Rajiv Gandhi. It operates as a Manufacturer of animal vaccines and healthcare products. Hester Biosciences has raised an undisclosed amount in funding. The company has 144 active competitors, including 21 funded and 23 that have exited. Its top competitors include companies like Ceva, Zoetis and Rejuvenate Bio.

Company Details

Manufacturer of animal vaccines and healthcare products. Company products include vaccines, drugs, feed supplements, and disinfectants for animals. It offers solutiotions for livestock, pet and more.
Social
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Email ID
*****@hester.in
Phone Number
+91 **********
Registered Address
Village Meda-Adraj, Taluka Kadi, Mahesana, Mahesana, Mahesana, Gujarat, India, 384441
Key Metrics
Founded Year
1987
Location
Ahmedabad, India
Stage
Public
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
522 as on Sep 30, 2026
Similar Companies
Exit Details
Public

Hester Biosciences's IPO details

Hester Biosciences got listed on Aug 21, 2002.
Click here to take a look at Hester Biosciences's IPO in detail
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Hester Biosciences's funding and investors

Hester Biosciences has raised funding over 4 rounds. Its first funding round was on Jun 20, 2014. Its latest funding round was a Grant (prize money) round on Apr 08, 2022 for $*****. 1 investor participated in its latest round. Hester Biosciences has 3 institutional investors.

Here is the list of recent funding rounds of Hester Biosciences:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 08, 2022
9319254
Grant (prize money)
6941148
5802682
6186428
1149627
May 14, 2018
6178270
Post IPO
2784500
4968236
6766675
May 14, 2018
7781782
Grant (prize money)
2630241
3027332
4903823
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Hester Biosciences' founders and board of directors

Founder? Claim Profile
The founders of Hester Biosciences is Rajiv Gandhi. Rajiv Gandhi is the CEO of Hester Biosciences.
Here are the details of Hester Biosciences' key team members:

Hester Biosciences' employee count trend

Hester Biosciences has 522 employees as of Sep 26. Here is Hester Biosciences's employee count trend over the years:
Employee count trend for Hester Biosciences
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Hester Biosciences's Competitors and alternates

Top competitors of Hester Biosciences include Ceva, Zoetis and Rejuvenate Bio. Here is the list of Top 10 competitors of Hester Biosciences, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ceva
Ceva
1999, Libourne (France), Acquired
Global animal health company providing innovative solutions for diverse animal species
$214M
77/100
2nd
Logo for Zoetis
Zoetis
2013, Parsippany (United States), Public
Global animal health company dedicated to nurturing the world through animal care
-
74/100
3rd
Logo for Rejuvenate Bio
Rejuvenate Bio
2018, San Diego (United States), Series A
Developer of gene therapies for treating chronic and age-related diseases
$34M
62/100
4th
Logo for Zenex Animal Health
Zenex Animal Health
2021, Ahmedabad (India), Seed
Manufacturer of veterinary drugs
$60.6K
57/100
5th
Logo for Astra
Astra
2019, Villigen (Switzerland), Seed
Developer of small molecule anti-parasitic drugs using structural data
$9.77M
50/100
6th
Logo for KindredBio
KindredBio
2012, Burlingame (United States), Acquired
Veterinary biotechnology company
$6.9M
50/100
7th
Logo for Xeptiva
Xeptiva
2020, Montevideo (Uruguay), Seed
Developer of therapeutics for animal health
$2.5M
48/100
8th
Logo for Hester Biosciences
Hester Biosciences
1987, Ahmedabad (India), Public
Manufacturer of animal vaccines and healthcare products
-
47/100
9th
Logo for Biogenesis Bagó
Biogenesis Bagó
2005, Garin (Argentina), Unfunded
Developer of therapeutics for animal health disorders
-
-
47/100
10th
Logo for RR Animal Health Care
RR Animal Health Care
2006, Hyderabad (India), Funding Raised
Provider of vet pharmaceutical products
-
46/100
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Financials of Hester BiosciencesFY 25 Available

HESTER BIOSCIENCES LIMITED, the legal entity associated with Hester Biosciences, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2025.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
5862
8179
5163
2388
7785
Total Sales
5314
2658
5084
6964
9860
Total Expenses
4081
4778
3900
4243
2496
Operating Expenses
9520
2091
9146
4431
4885
Employee Expenses
5934
8751
4716
7103
5976
Marketing Expenses
3643
4032
5630
2608
8812
Operating Income (EBIT)
5151
9197
9803
9953
9232
Interest Expenses
2989
9850
3406
4016
9009
Expenses from other activities
7044
2644
2523
6114
8061
EBITDA
3698
4194
6316
1119
7022
Taxes
7472
6240
9523
1675
2829
Net Profit
3875
9790
1773
4942
8985
Balance Sheet
Assets
4161
4733
1530
6646
4642
Cash Equivalent
1917
8649
9167
9039
8974
Accounts Receivables
4724
9774
8359
5156
7285
Inventory
8582
8346
2447
5359
5031
Liabilities
4360
6162
7241
7897
7685
Total Debt
8050
3391
8988
9194
8842
Accounts Payable
8460
9244
5028
1399
4509
Equities
1033
1669
3801
9579
2394
Cashflow Statement
Cash from Operating activities
6085
9061
3441
9874
3184
Cash from Investing activities
9632
4575
4715
9073
1118
Net cash from Financing activities
9684
1358
1088
7278
4723

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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$10.99$2.53(excl. taxes)
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  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
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Hester Biosciences's Latest cap tables and shareholding

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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Hester Biosciences's Investments and acquisitions

Hester Biosciences has made no investments or acquisitions yet.

Reports related to Hester Biosciences

Here is the latest report on Hester Biosciences's sector:

News related to Hester Biosciences

lockFilter this list
•
Hesteriosciences Q4 Results Live : profit rise by 9.25% YOYMint•May 12, 2024•Hester Biosciences
•
Hester Biosciences consolidated net profit up 6% in H1FY24Medical Buyer•Nov 07, 2023•Hester Biosciences
•
Hester Biosciences Q1FY24 Net Profit Up 88% to Rs. 6.71 CroreSMEStreet.in•Aug 09, 2023•Hester Biosciences
•
Hester Biosciences plans capacity expansion to manufacture Goat Pox VaccineIndia Infoline•Sep 26, 2022•Hester Biosciences
•
•
Hester Biosciences to receive RS 60 Cr grant from BIRACBioSpectrum India•Apr 08, 2022•Hester Biosciences, BIRAC
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