Innovcare Lifesciences Profile
Key Indicators
- Authorised Capital ₹ 16.66 Cr
- Paid Up Capital ₹ 14.91 Cr
- Company Age 10 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.00 Cr
- Satisfied Charges ₹ 9.00 Cr
- Revenue Growth 13.59%
- Profit Growth 157.49%
- Ebitda 89.10%
- Net Worth 38.31%
- Total Assets 8.82%
About Innovcare Lifesciences
Innovcare Lifesciences Private Limited (ILPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 July 2014 and has a history of Ten years and nine months. Its registered office is in Mumbai, Maharashtra, India.
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 16.66 Cr and a paid-up capital of Rs 14.91 Cr.
The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹9.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Innovcare Lifesciences Private Limited India is Ayushi Jain as COMPANY SECRETARY. Dipin Varma, Lalit Wadhawan, and Sakshi Chopra serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH2014PTC256233
- Company No.
256233
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jul 2014
- Date of AGM
30 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Pharma
What products or services does Innovcare Lifesciences Private Limited offer?
Innovcare Lifesciences Private Limited offers a wide range of products and services, including Nutraceuticals & Dietary Supplements, Vitamin Tablets & Capsules, Pain Relief Drugs & Pharmaceuticals, Arthritic Drugs, Women Care, Women Care Supplements, Health Conditions, Bone, Joint & Muscle Care, Mother Care, Sexual Wellness.
Innovcare Lifesciences Private Limited
Explore comprehensive data for Innovcare Lifesciences Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Innovcare Lifesciences?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lalit Wadhawan  | Managing Director | 21-Jul-2014 | Current |
| Ayushi Jain | Company Secretary | 18-Nov-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sakshi Chopra | Nominee Director | 12-Oct-2018 | Current |
| Dipin Varma | Director | 13-Aug-2014 | Current |
Financial Performance of Innovcare Lifesciences.
Innovcare Lifesciences Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 13.59% increase. The company also saw a substantial improvement in profitability, with a 157.49% increase in profit. The company's net worth Soared by an impressive increase of 38.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Innovcare Lifesciences?
In 2024, Innovcare Lifesciences had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Manash Lifestyle Private LimitedSakshi Chopra is a mutual person
Wakefit Innovations Private LimitedSakshi Chopra is a mutual person
Neo Investment Value Advisors Private LimitedSakshi Chopra is a mutual person
Charges (Loans)
Open Charges
₹20.00 Cr
Satisfied Charges
₹9.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 11.00 Cr
- Others : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2023 | Others | ₹7.00 Cr | Open |
| 28 Feb 2023 | Axis Bank Limited | ₹1.00 Cr | Open |
| 09 Jan 2023 | Others | ₹5.00 M | Open |
| 04 Oct 2022 | Others | ₹1.50 Cr | Open |
| 24 Jul 2017 | Axis Bank Limited | ₹10.00 Cr | Open |
How Many Employees Work at Innovcare Lifesciences?
Innovcare Lifesciences has a workforce of 648 employees as of Dec 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Innovcare Lifesciences, 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 Innovcare Lifesciences'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 Innovcare Lifesciences
Recent activity within the organization
- Annual General Meeting
Innovcare Lifesciences Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.
- Charges
A charge registered on 27 Jul 2021 via Charge ID 100474762 with Others was fully satisfied on 17 Apr 2024.
- Balance Sheet
Innovcare Lifesciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others of Rs. 7.00 Cr registered on 06 Sep 2023 with Charge ID 100786090 was modified on 01 Feb 2024.
- Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100786090 was registered on 06 Sep 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100683055 was registered on 28 Feb 2023.
Recent News, Updates & Announcement
JM Financial PE Invests ₹45 Crore in Innovcare Lifesciences for Expansion in Booming Nutraceuticals Market.JM Financial PE buys stake in Innovcare Lifesciences for ₹45 crore. Innovcare sells nutraceuticals and plans to use the money for expansion. JM Financial's second fund has invested in five companies so far. The Indian nutraceuticals market is expected to grow to $10 billion by 2022. JM Financial's first fund invested in various companies, including Spandana Sphoorty which recently went public. JM Financial hired Darius Pandole to lead its PE business..
Frequently asked questions
What is the Incorporation or founding date of Innovcare Lifesciences Private Limited?
Innovcare Lifesciences Private Limited was incorporated on 21 Jul 2014.
What is authorized share capital and paid-up capital of Innovcare Lifesciences Private Limited?
The authorized share capital of Innovcare Lifesciences Private Limited is ₹ 16.66 Cr and paid-up capital is ₹ 14.91 Cr.
Who are the current board members & directors of Innovcare Lifesciences Private Limited?
Currently 4 directors are associated with Innovcare Lifesciences Private Limited.
- Dipin Khemkaran Varma
- Lalit Kumar Wadhawan
- Sakshi Vijay Chopra
- Ayushi Jain
What is the registered address of Innovcare Lifesciences Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Innovcare Lifesciences Private Limited is Office No. 802 Vikas Centre Dr. C Gidwani Road Chembur, India, Mumbai, Maharashtra, 400074.
What is the corporate identification number (CIN) and company number of Innovcare Lifesciences Private Limited?
The corporate identification number (CIN) of Innovcare Lifesciences Private Limited is U74999MH2014PTC256233 and the company number is 256233 as per Ministry of Corporate Affairs (MCA).
What is the official website of Innovcare Lifesciences Private Limited?
The Official website of Innovcare Lifesciences Private Limited is https://www.innovcare.in
What has been the recent revenue trend for Innovcare Lifesciences Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Innovcare Lifesciences Private Limited has risen by 13.59%.
How many employees does Innovcare Lifesciences Private Limited currently have?
As Per 2024 financial reports, 648 employees are currently employed by Innovcare Lifesciences Private Limited.
What change has been observed in the net worth of Innovcare Lifesciences Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Innovcare Lifesciences Private Limited has experienced an upsurge of 38.31%.
What are the total open charges for Innovcare Lifesciences Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Innovcare Lifesciences Private Limited amount to ₹ 20.00 Cr.
When was the last Balance Sheet of Innovcare Lifesciences Private Limited filed with the ROC?
The most recent Balance Sheet for Innovcare Lifesciences Private Limited was filed with the ROC on 31 Mar 2024.
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