- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0038003

About Ashmi Life Science Private Limited
Data last updated:
Ashmi Life Science Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 23 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1996PTC030262. Its GSTIN is 24AABCA3019M1ZX (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.83 Lakh. It was formerly known as Ashmi Pharma-Chem Private Limited. It is led by directors Mayur Bhikhalal Patel and Ashvinkumar Bhikhalal Patel.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No – 526 Road No – 15 GIDC Estate Kathwada, Ahmedabad, Gujarat, India – 382430.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.38 Lakh (net margin 18.3%) and EBITDA of ₹44.33 Lakh (EBITDA margin 39.9%). Revenue has declined at a compounded annual rate (CAGR) of 33% over five years.
As per MCA filings, the company has open charges of ₹4.95 Cr and satisfied charges of ₹2.65 Cr on record.
Ashmi Life Science Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0038003). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashmi.in.
Company details
Recognitions & Rankings of Ashmi Life Science
Contact details
Ashmi Life Science Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ashmi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 526 Road No – 15 GIDC Estate Kathwada, Ahmedabad, Gujarat, India – 382430
- IndustryPharma, API Manufacturers
To see the full contact details of Ashmi Life Science 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 Ashmi Life Science 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 Ashmi Life Science Private Limited, buy the company report.
Financials of Ashmi Life Science Private Limited
FY 2025 filings availableAshmi Life Science Private Limited reported revenue of ₹1.11 Cr (up 2064% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years. 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 | ₹44.33 Lakh | ||||
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| Net Profit (PAT) | ₹20.38 Lakh | ||||
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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 | 39.9% | ||||
| Net Profit Margin | 18.3% | ||||
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To see the full financial statements and ratios of Ashmi Life Science Private Limited, buy the company report.
Board of directors of Ashmi Life Science Private Limited
Ashmi Life Science has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Bhikhalal Patel Also directs: R B Metasteel Private Limited | Director | 28 Apr 2008 | 18 Years 6 Months | Current |
| Ashvinkumar Bhikhalal Patel Also directs: R B Metasteel Private Limited | Director | 28 Apr 2008 | 18 Years 6 Months | Current |
Auditor
Ashmi Life Science Private Limited is audited by KPSJ & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPSJ & ASSOCIATES LLP | FY 2023 | 124845W/W100209 |
Shareholding
The shareholding of Ashmi Life Science 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 Ashmi Life Science Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2023 | 100754519 | Hdfc Bank Limited | ₹4.95 Cr | Open | |
| 22 Nov 2014 | 10533110 | State Bank of India | ₹2.65 Cr | Satisfied |
To see the full charge records of Ashmi Life Science Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ashmi Life Science 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 Ashmi Life Science Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashmi Life Science has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA3019M1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashmi Life Science Private Limited, buy the company report.
Recent activity
Ashmi Life Science Private Limited has 12 board changes on record since 2007: 2 appointments and 10 cessations. The latest: Jaysukh Laljibhai Mangroliya ceased to be Director on 01 Jun 2021.
8 earlier events are in the company report.
Frequently asked questions
Ashmi Life Science is an active private limited company based in Ahmedabad, Gujarat, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 23 July 1996 (30+ years old) and is registered under CIN U24231GJ1996PTC030262.
Ashmi Life Science has 2 current directors:
- Mayur Bhikhalal Patel - Director
- Ashvinkumar Bhikhalal Patel - Director
The latest financial statements of Ashmi Life Science on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashmi Life Science is 24AABCA3019M1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashmi Life Science is U24231GJ1996PTC030262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashmi Life Science was incorporated on 23 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jaysukh Laljibhai Mangroliya ceased to be Director on 01 Jun 2021. Muralidhar Nemichand Ingale ceased to be Director on 08 May 2019. Kamleshbhai Purshottambhai Patel ceased to be Director on 14 Mar 2019. Ashmi Life Science has 12 board changes on record in total.
Yes, Ashmi Life Science is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0038003).
Ashmi Life Science can be reached through the website ashmi.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ashmi Life Science is at Plot No – 526 Road No – 15 GIDC Estate Kathwada, Ahmedabad, Gujarat, India – 382430.

