Innovcare Lifesciences Private Limited

Develops and produces nutraceuticals for arthritis, pain, women's health, phyto medicines, and skin/hair care.

2014 | Mumbai, Maharashtra (India) | Active
Last Updated: December 29, 2024

Innovcare Lifesciences Profile

Key Indicators

  • Authorised Capital ₹ 16.66 Cr
  • Paid Up Capital ₹ 14.91 Cr
  • Company Age 10 Year, 6 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 six 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.

Who are the key members and board of directors at Innovcare Lifesciences?

Executive Team (2)

Name Designation Appointment Date Status
Lalit Wadhawan Country flag representing In Managing Director 21-Jul-2014 Current
Ayushi Jain Country flag representing In Company Secretary 18-Nov-2021 Current

Board Members (2)

Name Designation Appointment Date Status
Sakshi Chopra Country flag representing In Nominee Director 12-Oct-2018 Current
Dipin Varma Country flag representing In 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%.

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
13.59%
Revenue from Operations
13.33%
Total Assets
8.82%
Profit or Loss
157.49%
Net Worth
38.31%
EBITDA
89.10%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Aug 2024

  • Charges

    A charge registered on 27 Jul 2021 via Charge ID 100474762 with Others was fully satisfied on 17 Apr 2024.

    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.

    31 Mar 2024

  • 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.

    01 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100786090 was registered on 06 Sep 2023.

    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.

    28 Feb 2023

Recent News, Updates & Announcement

  • News icon
    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..

    28 Aug 2019 mint

Frequently asked questions

  • Innovcare Lifesciences Private Limited was incorporated on 21 Jul 2014.

  • The authorized share capital of Innovcare Lifesciences Private Limited is ₹ 16.66 Cr and paid-up capital is ₹ 14.91 Cr.

  • Currently 4 directors are associated with Innovcare Lifesciences Private Limited.

    • Dipin Khemkaran Varma
    • Lalit Kumar Wadhawan
    • Sakshi Vijay Chopra
    • Ayushi Jain
  • 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.

  • 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).

  • The Official website of Innovcare Lifesciences Private Limited is https://www.innovcare.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Innovcare Lifesciences Private Limited has risen by 13.59%.

  • As Per 2024 financial reports, 648 employees are currently employed by Innovcare Lifesciences Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Innovcare Lifesciences Private Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Innovcare Lifesciences Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Pharmaceutical Retailers & Distributors