About Accumax Lab Devices Private Limited
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Accumax Lab Devices Private Limited is a private limited company based in Kalol, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 15 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33110GJ2009PTC056957. Its GSTIN is 24AABCF3671L1ZK (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹11.05 Cr. It was formerly known as Finecare Enterprises Private Limited. It is led by directors including Chirag Narendra Shah (Managing Director) and Bhupendra Shantilal Shah.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.228/1/4 Dantali Industrial Owners Association Dantali, Kalol, Gujarat, India – 382725.
As per the financials filed for FY 2025, the company reported a revenue of ₹256.41 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹14.74 Cr (net margin -5.7%) and EBITDA of ₹39.87 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 36% over five years.
The company has about 740 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹122.17 Cr and satisfied charges of ₹18.99 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accumaximum.com.
Company details
Contact details
Accumax Lab Devices Private Limited's registered office is in Kalol, Gujarat. Its website is accumaximum.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.228/1/4 Dantali Industrial Owners Association Dantali, Kalol, Gujarat, India – 382725
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Accumax Lab Devices 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 Accumax Lab Devices is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Accumax Lab Devices Private Limited, buy the company report.
Financials of Accumax Lab Devices Private Limited
FY 2025 filings availableAccumax Lab Devices Private Limited reported revenue of ₹256.41 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 16% growth in the latest year. EBITDA rose 378% 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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| EBITDA | ₹39.87 Cr | ||||
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| Net Profit (PAT) | -₹14.74 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | -5.7% | ||||
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To see the full financial statements and ratios of Accumax Lab Devices Private Limited, buy the company report.
Board of directors of Accumax Lab Devices Private Limited
Accumax Lab Devices has 8 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kabir Kishin Thakur | Nominee Director | 23 Jul 2024 | 2 Years 3 Months | Current |
| Bhupendra Shantilal Shah | Director | 15 May 2009 | 17 Years 5 Months | Current |
| Tejas Bhupendra Shah | Director | 15 May 2009 | 17 Years 5 Months | Current |
| Nirali Tejas Shah Also directs: Upscale Bioscience Private Limited | Director | 15 May 2009 | 17 Years 5 Months | Current |
| Deshal Chirag Shah | Director | 01 Aug 2018 | 8 Years 3 Months | Current |
| Buggana Hariharnath Also directs: Invascent Advisory Services India LLP, Invascent Ilsf Manager LLP, RPG Active Pharma Limited and 5 more | Nominee Director | 04 Sep 2024 | 2 Years 2 Months | Current |
Auditor
Accumax Lab Devices Private Limited is audited by RMJ & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RMJ & Associates LLP | FY 2024 | W100281 |
Shareholding
The shareholding of Accumax Lab Devices Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Accumax Lab Devices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2018 | 100193095 | Axis Bank Limited | ₹122.17 Cr | Open | |
| 06 Oct 2020 | 100392775 | Axis Bank Limited | ₹1.09 Cr | Satisfied | |
| 21 Jul 2018 | 100193094 | Axis Bank Limited | ₹3.81 Cr | Satisfied | |
| 30 Dec 2015 | 10615108 | Axis Bank Limited | ₹14.09 Cr | Satisfied |
To see the full charge records of Accumax Lab Devices Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Accumax Lab Devices Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (1 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Accumax Lab Devices Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Accumax Lab Devices Private Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 141 overdue payments to 41 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| D.V. Industries | |||
| an individual supplier | |||
| an individual supplier | |||
| Motan Private Limited |
To see the full MSME payment records of Accumax Lab Devices Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Accumax Lab Devices has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Genefact Private Limited | U24290GJ2022PTC136995 |
To see the full group structure of Accumax Lab Devices Private Limited, buy the company report.
Employees & EPFO
Accumax Lab Devices Private Limited has a workforce of 740 employees on its EPFO records as of Oct 15, 2025, across 3 active EPFO establishments.
GST
Accumax Lab Devices has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCF3671L1ZK | Gujarat | Active | 25 Apr 2018 |
| 24AABCF3671L2ZJ | Gujarat | Active | 12 Sep 2018 |
To see the full GST registrations and return filing status of Accumax Lab Devices Private Limited, buy the company report.
Recent activity
Accumax Lab Devices Private Limited has 16 board changes on record since 2009: 8 appointments and 8 cessations. The latest: Buggana Hariharnath ceased to be Additional Director on 24 Oct 2024.
18 earlier events are in the company report.
Frequently asked questions
Accumax Lab Devices is an active private limited company based in Kalol, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 15 May 2009 (17+ years old) and is registered under CIN U33110GJ2009PTC056957.
Accumax Lab Devices has 8 current directors:
- Chirag Narendra Shah - Managing Director
- Kabir Kishin Thakur - Nominee Director
- Bhupendra Shantilal Shah - Director
- Tejas Bhupendra Shah - Director
- Nirali Tejas Shah - Director
- Deshal Chirag Shah - Director
- Buggana Hariharnath - Nominee Director
- Nihalee Tejas Shah - Director
The latest financial statements of Accumax Lab Devices on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Accumax Lab Devices is 24AABCF3671L1ZK, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCF3671L2ZJ (Gujarat).
The CIN (Corporate Identification Number) of Accumax Lab Devices is U33110GJ2009PTC056957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accumax Lab Devices has 4 court cases on record: 4 filed against it.
Accumax Lab Devices was incorporated on 15 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Buggana Hariharnath ceased to be Additional Director on 24 Oct 2024. Buggana Hariharnath was appointed as Nominee Director on 04 Sep 2024. Kabir Kishin Thakur ceased to be Additional Director on 09 Aug 2024. Accumax Lab Devices has 16 board changes on record in total.
Accumax Lab Devices has 8 MSME Form 1 returns on record between 2019 and 2022, listing 141 overdue payments to 41 micro and small suppliers. The latest return was filed on 13 Dec 2022.
Accumax Lab Devices can be reached through the website accumaximum.com. Its registered office is in Kalol, Gujarat, India.
The registered office of Accumax Lab Devices is at Plot No.22814 Dantali Industrial Owners Association Dantali, Kalol, Gujarat, India – 382725.
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