Innovcare Lifesciences Private Limited logo

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 21, 2024
HomeCompanyInnovcare Lifesciences Private Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Lalit Wadhawan InManaging Director21-Jul-2014Current
Ayushi Jain InCompany Secretary18-Nov-2021Current

Board Members(2)

NameDesignationAppointment DateStatus
Sakshi Chopra In Nominee Director 12-Oct-2018Current
Dipin Varma In Director 13-Aug-2014Current

Financial Performance of Innovcare Lifesciences.

Innovcare Lifesciences Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.35% increase. The company also saw a substantial improvement in profitability, with a 64.09% increase in profit. The company's net worth Soared by an impressive increase of 271.11%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
45.35%
Revenue from Operations
49.09%
Total Assets
34.67%
Profit or Loss
64.09%
Net Worth
271.11%
EBITDA
67.38%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹20.00 Cr

₹9.00 Cr

LenderAmountStatus

Others

Creation Date: 06 Sep 2023
₹7.00 CrOpen

Axis Bank Limited

Creation Date: 28 Feb 2023
₹1.00 CrOpen

Others

Creation Date: 09 Jan 2023
₹5.00 MOpen

How Many Employees Work at Innovcare Lifesciences?

Innovcare Lifesciences has a workforce of 512 employees as of Mar 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.

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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
    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 2022, the revenue trend for Innovcare Lifesciences Private Limited has risen by 45.35%.

  • As Per 2022 financial reports, 512 employees are currently employed by Innovcare Lifesciences Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Innovcare Lifesciences Private Limited has experienced an upsurge of 271.11%.

  • As per the financial statements for fiscal Year 2022, 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.

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