About Afirst Lifescience Private Limited
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Afirst Lifescience Private Limited is a private limited company based in Patna, Bihar, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 13 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U51505BR1989PTC003483. Its GSTIN is 10AADCA7092C1Z8 (Bihar). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.98 Lakh. It was formerly known as Magadh Electricals (I) Pvt Ltd and Aaron Pharma Private Limited. It is led by directors Vinay Kumar and Dinesh Mishra.
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 Bimla Sadan Exhibition Road Kadamkuan, Patna, Bihar, India – 800001.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.36 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹3.78 Lakh (net margin 0.2%) and EBITDA of ₹8.39 Lakh (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
The company is associated with 1 brand: Afirst Lifescience. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website afirstlife.com.
Company details
Name history
Afirst Lifescience has undergone 2 name changes throughout its history. The company was previously known as Magadh Electricals (I) Pvt Ltd, and Aaron Pharma Private Limited. The current legal name is Afirst Lifescience Private Limited.
| Company Name | Status |
|---|---|
| Afirst Lifescience Private Limited | Current |
| Magadh Electricals (I) Pvt Ltd | Previous |
| Aaron Pharma Private Limited | Previous |
CIN history
Afirst Lifescience has one previous CIN (Corporate Identification Number): U00360BR1989PTC003483. The current CIN is U51505BR1989PTC003483, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51505BR1989PTC003483 | Current |
| U00360BR1989PTC003483 | Previous |
Contact details
Afirst Lifescience Private Limited's registered office is in Patna, Bihar. Its website is afirstlife.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBimla Sadan Exhibition Road Kadamkuan, Patna, Bihar, India – 800001
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Afirst Lifescience 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
Brands
Afirst Lifescience operates one associated brand: Afirst Lifescience. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers pharmaceutical products like tablets, injectables, and exports to international markets. | afirstlife.com |
Business activity
The main business activity of Afirst Lifescience 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 Afirst Lifescience Private Limited, buy the company report.
Financials of Afirst Lifescience Private Limited
FY 2025 filings availableAfirst Lifescience Private Limited reported revenue of ₹18.36 Cr (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 27% fall in the latest year. EBITDA fell 92% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹8.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.78 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Afirst Lifescience Private Limited, buy the company report.
Board of directors of Afirst Lifescience Private Limited
Afirst Lifescience has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Kumar Also directs: Apex Elevations Private Limited | Director | 10 Sep 2011 | 15 Years 1 Months | Current |
| Dinesh Mishra | Director | 25 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Afirst Lifescience Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| Healthon Life Sciences Private Limited | ₹18.39 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Afirst Lifescience Private Limitedthis company | ₹18.36 Cr (FY 2024) | ₹3.78 Lakh | 0.2% | -27.0% | Patna, Bihar, India | |
| Oplos Medicare Pharmaceuticals Private Limited | ₹18.23 Cr (FY 2019) | 54.0% | Delhi, India | |||
| Pharmazz India Private Limited | ₹18.18 Cr (FY 2024) | 138.0% | New Delhi, Delhi, India |
To see the full peer comparison of Afirst Lifescience Private Limited, buy the company report.
Auditor
Afirst Lifescience Private Limited is audited by A.K. SALAMPURIA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.K. SALAMPURIA AND ASSOCIATES | FY 2023 | 004285C |
Shareholding
The shareholding of Afirst Lifescience 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 Afirst Lifescience Private Limited, buy the company report.
Legal cases
Afirst Lifescience Private Limited has 5 court cases on record: 3 filed by Afirst Lifescience, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patna, Bihar | Revision petition | Filed by the company against Swiss Pharma Pvt Ltd and 1 other | Pending |
| District court, Patna, Bihar | Court case (Cr. Case Complaint (P)) | Filed by the company against Comed Chemicals Ltd and 3 Others and 3 others | Disposed |
| District court, Patna, Bihar | Court case (Cr. Case Complaint (P)) | Filed by the company against Swiss Pharma Pvt Ltd and 2 Others and 2 others | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by Karan Healthcare Private Limited | Disposed |
| High Court | Court case (CR. MISC.) | Filed against the company by individuals | Disposed |
To see the full case history of Afirst Lifescience 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
Afirst Lifescience Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maxwell Life Science Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Afirst Lifescience Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Afirst Lifescience has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AADCA7092C1Z8 | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Afirst Lifescience Private Limited, buy the company report.
Recent activity
Afirst Lifescience Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Rakesh Kumar ceased to be Director on 01 Nov 2020.
Frequently asked questions
Afirst Lifescience is an active private limited company based in Patna, Bihar, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 13 July 1989 (37+ years old) and is registered under CIN U51505BR1989PTC003483.
Afirst Lifescience has 2 current directors:
- Vinay Kumar - Director
- Dinesh Mishra - Director
The latest financial statements of Afirst Lifescience 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 Afirst Lifescience is 10AADCA7092C1Z8, registered in Bihar. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Afirst Lifescience is U51505BR1989PTC003483. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afirst Lifescience has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Afirst Lifescience was incorporated on 13 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Afirst Lifescience by revenue are Healthon Life Sciences Private Limited, Oplos Medicare Pharmaceuticals Private Limited, Pharmazz India Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (wholesale trading).
Rakesh Kumar ceased to be Director on 01 Nov 2020. Dinesh Mishra was appointed as Director on 25 Oct 2020. Vijay Kumar Singh ceased to be Director on 22 Sep 2020. Afirst Lifescience has 9 board changes on record in total.
Afirst Lifescience has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Afirst Lifescience can be reached through the website afirstlife.com. Its registered office is in Patna, Bihar, India.
The registered office of Afirst Lifescience is at Bimla Sadan Exhibition Road Kadamkuan, Patna, Bihar, India – 800001.
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