Ban Labs Private Limited - healthcare in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U24231GJ1986PTC008681 Incorporated 14 May 1986 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company healthcare MSME · Medium
Data last updated
Authorised capital
₹22 Cr
Registered with MCA
Paid-up capital
₹8.18 Cr
Issued & subscribed
Satisfied charges
₹424.1 Cr
No open charges
Company age
40 yrs
Est. 1986
Employees · EPFO
335
Provident fund records
Directors on board
4
As per MCA filings
Active GSTINs
5
of 13 registered
Brands
2
Associated brands

About Ban Labs Private Limited

Data last updated:

Ban Labs Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 14 May 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1986PTC008681. Its GSTIN is 24AAACB8999C1ZJ (Gujarat). The company holds 13 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹8.18 Cr. It was formerly known as Ban Labs Limited. It is led by directors including Maulesh Dayabhai Ukani and Natwarlal Dahyabhai Ukani.

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 Ban House Opp. Swaminarayan Temple Kalawad Road, Rajkot, Gujarat, India – 360001.

The company has about 335 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Ban Group and Ban Group. As per MCA filings, the company has satisfied charges of ₹424.1 Cr on record. Court records list 42 cases involving the company, including 36 filed by the company and 6 filed against it; 9 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in February 2020. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 7 overdue payments to 4 micro and small suppliers.

Ban Labs Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0010224). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banlab.com.

Company details

CIN U24231GJ1986PTC008681
Registration Number 008681
Incorporation Date 14 May 1986
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 Medium
Udyam Registration UDYAM-GJ-20-0010224

CIN history

Ban Labs has one previous CIN (Corporate Identification Number): U24231GJ1986PLC008681. The current CIN is U24231GJ1986PTC008681, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24231GJ1986PTC008681Current
U24231GJ1986PLC008681Previous

Recognitions & Rankings of Ban Labs

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-20-0010224

Contact details

Ban Labs Private Limited's registered office is in Rajkot, Gujarat. Its website is banlab.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Ban House Opp. Swaminarayan Temple Kalawad Road, Rajkot, Gujarat, India – 360001
  • Industry
    Healthcare, Ayurvedic Products & Services

To see the full contact details of Ban Labs Private Limited, buy the company report.

Comprehensive company report
Ban Labs 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

Ban Labs operates two associated brands: Ban Group and Ban Group. Each brand links to its own profile.

BrandDescriptionWebsite
Ayurvedic healthcare products are sold online through Ban Labs.banlabs.com
Home and personal care products are manufactured by Ban Labs.banlab.com

Business activity

The main business activity of Ban Labs is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Ban Labs Private Limited, buy the company report.

Financials of Ban Labs Private Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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 Ban Labs Private Limited, buy the company report.

Board of directors of Ban Labs Private Limited

Ban Labs has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Maulesh Dayabhai UkaniDirector05 Apr 200521 Years 6 MonthsCurrent
Natwarlal Dahyabhai UkaniDirector02 Apr 200521 Years 6 MonthsCurrent
Luv Natwarlal UkaniDirector01 Jan 201412 Years 9 MonthsCurrent
Jay Mauleshkumar UkaniDirector05 Dec 20178 Years 10 MonthsCurrent

Auditor

Ban Labs Private Limited is audited by SHAH MALAY & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SHAH MALAY & COFY 2023155757W

Shareholding

The shareholding of Ban Labs 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ban Labs Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹424.1 Cr
Breakdown by lending institutions
Others₹422.50 Cr
Idbi Bank Limited₹1.50 Cr
Central Bank of India₹0.05 Cr
Icici Bank Ltd.₹0.05 Cr
Corporation Bank₹0.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Oct 2018100260012Others₹422.5 CrSatisfied
01 May 200610003701Idbi Bank Limited₹1.5 CrSatisfied
25 Aug 200590113012Icici Bank Ltd.₹5 LakhSatisfied
16 Jan 199990109909Corporation Bank₹-Satisfied
21 Mar 199690107571Corporation Bank₹-Satisfied

To see the full charge records of Ban Labs Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Ban Labs Private Limited has 2 deals on record (2 secondary share transfers); the latest was in February 2020.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Feb 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Nov 2019Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Ban Labs Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 7 overdue payments to 4 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 (4 of 4)

SupplierAmount dueDue sinceReported on
All India Logistic
Shubham Flexible Packaging Machines Private Limited
Standard Analytical Laboratory N D Private Limited
Bamotra Industries

To see the full MSME payment records of Ban Labs Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ban Labs Private Limited has a workforce of 335 employees on its EPFO records as of Mar 30, 2024, across 3 active EPFO establishments.

Employee count
335
Active EPFO establishments
3
Employee growth
174.59%

GST

Ban Labs has 13 GST registrations: 5 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
13
Active
5
Cancelled / inactive
8
GSTINStateStatusRegistered on
24AAACB8999C1ZJGujaratActive01 Jul 2017
02AAACB8999C1ZPHimachal PradeshActive01 Jul 2017
05AAACB8999C1ZJUttarakhandActive01 Jul 2017
09AAACB8999C1ZBUttar PradeshActive21 Jun 2023

To see the full GST registrations and return filing status of Ban Labs Private Limited, buy the company report.

Recent activity

Ban Labs Private Limited has 9 board changes on record since 2005: 4 appointments and 5 cessations. The latest: Dahyalal Kanji Ukani ceased to be Whole-Time Director on 15 Jun 2019.

AGM
Ban Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ban Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 30 Oct 2018 via Charge ID 100260012 with Others was fully satisfied on 28 Jan 2025.
Charges
A charge with Others of Rs. 422.50 Cr registered on 30 Oct 2018 with Charge ID 100260012 was modified on 15 May 2023.
Ceased
Dahyalal Kanji Ukani ceased to be Whole-Time Director.
Ceased
Maulesh Dayabhai Ukani ceased to be Managing Director.
Ceased
Natwarlal Dahyabhai Ukani ceased to be Whole-Time Director.
Ceased
Jay Mauleshkumar Ukani ceased to be Managing Director.
Ceased
Luv Natwarlal Ukani ceased to be Director.
Charges
A charge with Others amounted to Rs. 422.50 Cr with Charge ID 100260012 was registered on 30 Oct 2018.
Appointed
Jay Mauleshkumar Ukani was appointed as Director.
Charges
A charge registered on 01 May 2006 via Charge ID 10003701 with Idbi Bank Limited was fully satisfied on 24 Mar 2014.

20 earlier events are in the company report.

Frequently asked questions

Ban Labs is an active private limited company based in Rajkot, Gujarat, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 14 May 1986 (40+ years old) and is registered under CIN U24231GJ1986PTC008681.

Ban Labs has 4 current directors:

The latest financial statements of Ban Labs 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 Ban Labs is 24AAACB8999C1ZJ, registered in Gujarat. The company has 13 GST registrations in all, of which 5 are active and 8 are cancelled or inactive. Other active GSTINs include 02AAACB8999C1ZP (Himachal Pradesh), 05AAACB8999C1ZJ (Uttarakhand), 09AAACB8999C1ZB (Uttar Pradesh).

The CIN (Corporate Identification Number) of Ban Labs is U24231GJ1986PTC008681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ban Labs has 42 court cases on record: 36 filed by the company and 6 filed against it. 9 are pending. Most are in the district courts.

Ban Labs was incorporated on 14 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ban Labs has 2 deals on record (2 secondary share transfers); the latest was in February 2020.

Dahyalal Kanji Ukani ceased to be Whole-Time Director on 15 Jun 2019. Maulesh Dayabhai Ukani ceased to be Managing Director on 10 Jun 2019. Natwarlal Dahyabhai Ukani ceased to be Whole-Time Director on 10 Jun 2019. Ban Labs has 9 board changes on record in total.

Yes, Ban Labs is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0010224).

Ban Labs has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 7 overdue payments to 4 micro and small suppliers. The latest return was filed on 28 May 2019.