Lift Life Pharmaceuticals Private Limited
About Lift Life Pharmaceuticals Private Limited
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Lift Life Pharmaceuticals Private Limited is a private limited company based in Chandigarh, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 05 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51101CH2013PTC042060. Its GSTIN is 04AACCL4389A1ZT (Chandigarh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vaibhav Verma and Vidhi Verma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 47/1 Cabin No. 4 And 5 Ground Floor Pipliwala Town Manimajra, Chandigarh, India – 160101.
As per the financials filed for FY 2023, the company reported a revenue of ₹54.96 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹37,508 (net margin 0.7%) and EBITDA of ₹59,504 (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 20% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Lift Life Pharmaceuticals has one previous CIN (Corporate Identification Number): U51101MH2013PTC240176. The current CIN is U51101CH2013PTC042060, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101CH2013PTC042060 | Current |
| U51101MH2013PTC240176 | Previous |
Contact details
Lift Life Pharmaceuticals Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address47/1 Cabin No. 4 And 5 Ground Floor Pipliwala Town Manimajra, Chandigarh, India – 160101
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Lift Life Pharmaceuticals Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Lift Life Pharmaceuticals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Lift Life Pharmaceuticals Private Limited, buy the company report.
Financials of Lift Life Pharmaceuticals Private Limited
FY 2024 filings availableLift Life Pharmaceuticals Private Limited reported revenue of ₹54.96 Lakh (up 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 32% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹59,504 | ||||
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| Net Profit (PAT) | ₹37,508 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Lift Life Pharmaceuticals Private Limited, buy the company report.
Board of directors of Lift Life Pharmaceuticals Private Limited
Lift Life Pharmaceuticals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhav Verma | Director | 01 Mar 2017 | 9 Years 8 Months | Current |
| Vidhi Verma | Director | 01 Mar 2017 | 9 Years 8 Months | Current |
Peer comparison
Lift Life Pharmaceuticals Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qristol Healthcare Private Limited | ₹55.05 Lakh (FY 2023) | -53.0% | Dehradun, Uttarakhand, India | |||
| Ipsum Pharmaceuticals Private Limited | ₹55.01 Lakh (FY 2021) | -28.0% | Hyderabad, Telangana, India | |||
| Lift Life Pharmaceuticals Private Limitedthis company | ₹54.96 Lakh (FY 2023) | ₹37,508 | 0.7% | 1.0% | Chandigarh, India | |
| Synergy Pharmasource Private Limited | ₹54.89 Lakh (FY 2024) | Ahmedabad, Gujarat, India |
To see the full peer comparison of Lift Life Pharmaceuticals Private Limited, buy the company report.
Auditor
Lift Life Pharmaceuticals Private Limited is audited by VIKAS SANJIV & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIKAS SANJIV & ASSOCIATES | FY 2017 | 018361N |
Shareholding
The shareholding of Lift Life Pharmaceuticals Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lift Life Pharmaceuticals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lift Life Pharmaceuticals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lift Life Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lift Life Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AACCL4389A1ZT | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lift Life Pharmaceuticals Private Limited, buy the company report.
Recent activity
Lift Life Pharmaceuticals Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Archana Verma ceased to be Director on 02 Mar 2017.
Frequently asked questions
Lift Life Pharmaceuticals is an active private limited company based in Chandigarh, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 05 February 2013 (13+ years old) and is registered under CIN U51101CH2013PTC042060.
Lift Life Pharmaceuticals has 2 current directors:
- Vaibhav Verma - Director
- Vidhi Verma - Director
The latest financial statements of Lift Life Pharmaceuticals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lift Life Pharmaceuticals is 04AACCL4389A1ZT, registered in Chandigarh.
The CIN (Corporate Identification Number) of Lift Life Pharmaceuticals is U51101CH2013PTC042060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lift Life Pharmaceuticals was incorporated on 05 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Lift Life Pharmaceuticals by revenue are Qristol Healthcare Private Limited, Ipsum Pharmaceuticals Private Limited, Synergy Pharmasource Private Limited, all in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading).
Archana Verma ceased to be Director on 02 Mar 2017. Bhushanendu Kumar Verma ceased to be Director on 02 Mar 2017. Vaibhav Verma was appointed as Director on 01 Mar 2017. Lift Life Pharmaceuticals has 5 board changes on record in total.
The registered office of Lift Life Pharmaceuticals is at 471 Cabin No. 4 And 5 Ground Floor Pipliwala Town Manimajra, Chandigarh, India – 160101.
Lift Life Pharmaceuticals operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
The compliance status of Lift Life Pharmaceuticals is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
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