MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0004062
Aakar Scientific Private Limited - healthcare in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.89 Cr
▼ 7% YoY
Net profit · FY 2025
₹8.68 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹53.55 Lakh
EBITDA margin 6.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.11 Cr
Satisfied ₹2.89 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
45
Provident fund records
About Aakar Scientific Private Limited
Data last updated:
Aakar Scientific Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 31 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33110GJ1997PTC033274. Its GSTIN is 24AABCA5384K1ZL (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Aakar Scientific Instruments Private Limited. It is led by directors including Kishore Asharfi Tiwari (Whole-Time Director) and Ashwinbhai Natwarbhai Parmar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 443 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.89 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹8.68 Lakh (net margin 1.1%) and EBITDA of ₹53.55 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aakar Scientific. As per MCA filings, the company has open charges of ₹2.11 Cr and satisfied charges of ₹2.89 Cr on record.
Aakar Scientific Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0004062). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aakarscientific.com.
Company details
CIN U33110GJ1997PTC033274
Registration Number 033274
Incorporation Date 31 October 1997
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0004062
Key People
Kishore Asharfi Tiwari Whole-Time Director Ashwinbhai Natwarbhai Parmar Director Makarand Yashvantrao Musale Director Recognitions & Rankings of Aakar Scientific
Contact details
Aakar Scientific Private Limited's registered office is in Vadodara, Gujarat. Its website is aakarscientific.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address443 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Aakar Scientific Private Limited, buy the company report.
Comprehensive company report
Aakar Scientific Private Limited - one report that includes everything
- 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
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Brands
Aakar Scientific operates one associated brand: Aakar Scientific. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of modular laboratory furniture and fume hoods in India. | aakarscientific.com |
Business activity
The main business activities of Aakar Scientific are manufacturing and support service to organizations. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Aakar Scientific Private Limited, buy the company report.
Financials of Aakar Scientific Private Limited
FY 2025 filings availableAakar Scientific Private Limited reported revenue of ₹7.89 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹7.89 Cr ▼ 7%
Net profit · FY 2025
₹8.68 Lakh margin 1.1%
EBITDA · FY 2025
₹53.55 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 3%
5 years · compounded
▼ 7%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹53.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.68 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Aakar Scientific Private Limited, buy the company report.
Board of directors of Aakar Scientific Private Limited
Aakar Scientific has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwinbhai Natwarbhai Parmar | Director | 07 Nov 2019 | 6 Years 11 Months | Current |
| Makarand Yashvantrao Musale | Director | 01 May 2012 | 14 Years 5 Months | Current |
| Kishore Asharfi Tiwari | Whole-Time Director | 31 Oct 1997 | 28 Years 11 Months | Current |
| Rachana Tiwari Kishore | Director | 05 Jul 2011 | 15 Years 3 Months | Current |
Auditor
Aakar Scientific Private Limited is audited by CNK & AssociatesLLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & AssociatesLLP | FY 2023 | 101961W/W-100036 |
Shareholding
The shareholding of Aakar Scientific Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aakar Scientific Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.11 Cr
Satisfied charges
₹2.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2023 | 100868641 | Others | ₹7.5 Lakh | Open | |
| 18 Jan 2022 | 100542802 | Hdfc Bank Limited | ₹3.85 Lakh | Open | |
| 30 Jul 2012 | 10373478 | Others | ₹2 Cr | Open | |
| 15 Feb 2011 | 10275576 | Punjab National Bank | ₹65 Lakh | Satisfied | |
| 25 Oct 2007 | 10072446 | Punjab National Bank | ₹1.27 Cr | Satisfied |
To see the full charge records of Aakar Scientific Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Aakar Scientific 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 Aakar Scientific Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aakar Scientific Private Limited has a workforce of 45 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
28.57%
GST
Aakar Scientific has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA5384K1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aakar Scientific Private Limited, buy the company report.
Recent activity
Aakar Scientific Private Limited has 7 board changes on record since 1997: 4 appointments and 3 cessations. The latest: Ashwinbhai Natwarbhai Parmar was appointed as Director on 07 Nov 2019.
AGM
Aakar Scientific Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aakar Scientific Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 7.50 Lakh with Charge ID 100868641 was registered on 30 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.85 Lakh with Charge ID 100542802 was registered on 18 Jan 2022.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 30 Jul 2012 with Charge ID 10373478 was modified on 26 Nov 2020.
Appointed
Ashwinbhai Natwarbhai Parmar was appointed as Director.
Charges
A charge registered on 09 Mar 2004 via Charge ID 90099796 with Bank Of Maharashtra was fully satisfied on 01 Jan 2014.
Charges
A charge registered on 13 Mar 1999 via Charge ID 90101916 with Bank Of Maharastra was fully satisfied on 01 Jan 2014.
Ceased
Makarand Yashvantrao Musale ceased to be Additional Director.
Charges
A charge registered on 15 Feb 2011 via Charge ID 10275576 with Punjab National Bank was fully satisfied on 24 Aug 2012.
Charges
A charge registered on 25 Oct 2007 via Charge ID 10072446 with Punjab National Bank was fully satisfied on 24 Aug 2012.
Charges
A charge registered on 28 Sep 2007 via Charge ID 10072445 with Punjab National Bank was fully satisfied on 24 Aug 2012.
15 earlier events are in the company report.
Frequently asked questions
Aakar Scientific is an active private limited company based in Vadodara, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 31 October 1997 (29+ years old) and is registered under CIN U33110GJ1997PTC033274.
Aakar Scientific has 4 current directors:
- Kishore Asharfi Tiwari - Whole-Time Director
- Ashwinbhai Natwarbhai Parmar - Director
- Makarand Yashvantrao Musale - Director
- Rachana Tiwari Kishore - Director
The latest financial statements of Aakar Scientific on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aakar Scientific is 24AABCA5384K1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Aakar Scientific is U33110GJ1997PTC033274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakar Scientific was incorporated on 31 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashwinbhai Natwarbhai Parmar was appointed as Director on 07 Nov 2019. Makarand Yashvantrao Musale ceased to be Additional Director on 29 Sep 2012. Makarand Yashvantrao Musale was appointed as Director on 01 May 2012. Aakar Scientific has 7 board changes on record in total.
Yes, Aakar Scientific is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0004062).
Aakar Scientific can be reached through the website aakarscientific.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Aakar Scientific is at 443 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010.
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