
Aico Laboratories India Limited
About Aico Laboratories India Limited
Data last updated:
Aico Laboratories India Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 28 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74946GJ1992PLC018495. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹65.15 Lakh. It is led by directors including Mohanlal Lalchand Chopra and Mulchand Meramchand Borad.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 75 New Cloth Marketsarangpur, Ahmedabad, Gujarat, India – 380002.
As per MCA filings, the company has satisfied charges of ₹11 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Aico Laboratories India has one previous CIN (Corporate Identification Number): U74946GJ1992PTC018495. The current CIN is U74946GJ1992PLC018495, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74946GJ1992PLC018495 | Current |
| U74946GJ1992PTC018495 | Previous |
Contact details
Aico Laboratories India Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address75 New Cloth Marketsarangpur, Ahmedabad, Gujarat, India – 380002
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Aico Laboratories India 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
Financials of Aico Laboratories India Limited
FY 2020 filings availableFinancial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Aico Laboratories India Limited, buy the company report.
Board of directors of Aico Laboratories India Limited
Aico Laboratories India has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohanlal Lalchand Chopra Also directs: Aico Foods Limited, Kumar Techno Private Limited | Director | 12 Jan 2000 | 26 Years 10 Months | Current |
| Mulchand Meramchand Borad Also directs: Aico Agencies Pvt Ltd, M P Profin(Gujarat) Private Limited | Director | 21 Jun 1999 | 27 Years 4 Months | Current |
| Vinodkumar Pirchand Burad Also directs: M P Profin(Gujarat) Private Limited | Director | 21 Jun 1999 | 27 Years 4 Months | Current |
| Bherulal Lalchand Chopra Also directs: Aico Agencies Pvt Ltd, Aico Foods Limited, Kumar Life Sciences Private Limited and 2 more | Director | 28 Oct 1992 | 34 Years 0 Months | Current |
| Sampatraj Pirchand Also directs: Aico Agencies Pvt Ltd, M P Profin(Gujarat) Private Limited | Director | 28 Oct 1992 | 34 Years 0 Months | Current |
| Bhupendra Pirchand Borad Also directs: Aico Agencies Pvt Ltd, M P Profin(Gujarat) Private Limited | Director | 21 Jun 1999 | 27 Years 4 Months | Current |
Auditor
Aico Laboratories India Limited is audited by MEHRA ANIL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHRA ANIL & ASSOCIATES | FY 2019 | 117692W |
Shareholding
The shareholding of Aico Laboratories India Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aico Laboratories India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2006 | 10001839 | Oriental Bank of Commerce | ₹3 Cr | Satisfied | |
| 26 Jul 1996 | 90094343 | Oriental Bank of Commerce | ₹5.5 Cr | Satisfied | |
| 26 Mar 1996 | 90094910 | Oriental Bank of Commerce | ₹2.5 Cr | Satisfied |
To see the full charge records of Aico Laboratories India Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Aico Laboratories India Limited has 1 court case on record: 1 filed by Aico Laboratories India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (RCA) | Filed by the company against Gujarat Industrial Devlopment Corporation | Disposed |
To see the full case history of Aico Laboratories India 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
No delayed payments to MSME suppliers are on our record for Aico Laboratories India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aico Laboratories India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aico Laboratories India Limited, buy the company report.
Recent activity
Aico Laboratories India Limited has 7 board changes on record since 1992: 6 appointments and 1 cessation. The latest: Lalchand Kundanmal Chopra ceased to be Director on 06 Nov 2012.
6 earlier events are in the company report.
Frequently asked questions
Aico Laboratories India is an active public limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 28 October 1992 (34+ years old) and is registered under CIN U74946GJ1992PLC018495.
Aico Laboratories India has 6 current directors:
- Mohanlal Lalchand Chopra - Director
- Mulchand Meramchand Borad - Director
- Vinodkumar Pirchand Burad - Director
- Bherulal Lalchand Chopra - Director
- Sampatraj Pirchand - Director
- Bhupendra Pirchand Borad - Director
The latest financial statements of Aico Laboratories India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Aico Laboratories India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Aico Laboratories India is U74946GJ1992PLC018495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aico Laboratories India has 1 court case on record: 1 filed by the company.
Aico Laboratories India was incorporated on 28 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Lalchand Kundanmal Chopra ceased to be Director on 06 Nov 2012. Mohanlal Lalchand Chopra was appointed as Director on 12 Jan 2000. Bhupendra Pirchand Borad was appointed as Director on 21 Jun 1999. Aico Laboratories India has 7 board changes on record in total.
The registered office of Aico Laboratories India is at 75 New Cloth Marketsarangpur, Ahmedabad, Gujarat, India – 380002.
Aico Laboratories India operates in the pharma industry, in the drug formulation and development segment.

