About Cygnus Laboratories Limited
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Cygnus Laboratories Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the other hospital and medical care activities segment of the healthcare sector. It was incorporated on 14 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24239GJ2008PLC052927.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹10.48 Cr. It is led by directors including Nirav Pravinchandra Chokshi and Nikitkumar Dineshkumar Shah.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹20,000. For the same year it recorded a net loss of ₹1.34 Lakh and EBITDA of -₹1.34 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 54% over three years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Xcelris Labs. Court records list 1 case involving the company, including 1 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 xcelrislabs.com.
Company details
Contact details
Cygnus Laboratories Limited's registered office is in Ahmedabad, Gujarat. Its website is xcelrislabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Claris Corporate Headquarters Near Parimal Railway Crossing Ellisbrid, Ge, Ahmedabad, Gujarat, India – 380006
- IndustryHealthcare, Other Hospital And Medical Care Activities
To see the full contact details of Cygnus Laboratories 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
Cygnus Laboratories operates one associated brand: Xcelris Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Genomic research and genetic testing services are provided. | xcelrislabs.com |
Business activity
The main business activity of Cygnus Laboratories is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Cygnus Laboratories Limited, buy the company report.
Financials of Cygnus Laboratories Limited
FY 2024 filings availableCygnus Laboratories Limited reported revenue of ₹20,000 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over three 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹20,000 | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Cygnus Laboratories Limited, buy the company report.
Board of directors of Cygnus Laboratories Limited
Cygnus Laboratories has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Pravinchandra Chokshi Also directs: Xcelris Labs Limited, Xcellon Education Limited | Director | 23 Aug 2023 | 3 Years 2 Months | Current |
| Nikitkumar Dineshkumar Shah Also directs: Flourish Dairyfarms Private Limited, Indsol Enertech Limited, Abellon Solarenergy Limited and 3 more | Director | 21 Jun 2021 | 5 Years 4 Months | Current |
| Bharat Vinodchandra Shah Also directs: Abellon Waste Management Limited, Abellon Eco Equipments Limited, Abellon Goodsteps Limited and 4 more | Director | 30 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Cygnus Laboratories Limited is audited by MEHULKHATSURIYA & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHULKHATSURIYA & ASSOCIATES | FY 2024 | 130254W |
Shareholding
The shareholding of Cygnus Laboratories 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 Cygnus Laboratories Limited, buy the company report.
Legal cases
Cygnus Laboratories Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Reliance Capital Ltd. | Disposed |
To see the full case history of Cygnus Laboratories 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
Cygnus Laboratories Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 85 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shah & Shah Associates |
To see the full MSME payment records of Cygnus Laboratories Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Cygnus Laboratories 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 |
|---|---|---|
| Xcelris Labs Limited | U73100GJ2005PLC047024 |
To see the full group structure of Cygnus Laboratories Limited, buy the company report.
GST
No GST registration is on our record for Cygnus Laboratories Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cygnus Laboratories Limited has 23 board changes on record since 2009: 4 appointments and 19 cessations. The latest: Bharat Vinodchandra Shah ceased to be Additional Director on 28 Sep 2024.
14 earlier events are in the company report.
Frequently asked questions
Cygnus Laboratories is an active public limited company based in Ahmedabad, Gujarat, India. The company works in other hospital and medical care activities, within the healthcare industry. It was incorporated on 14 February 2008 (18+ years old) and is registered under CIN U24239GJ2008PLC052927.
Cygnus Laboratories has 3 current directors:
- Nirav Pravinchandra Chokshi - Director
- Nikitkumar Dineshkumar Shah - Director
- Bharat Vinodchandra Shah - Director
The latest financial statements of Cygnus Laboratories on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Cygnus Laboratories is U24239GJ2008PLC052927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cygnus Laboratories has 1 court case on record: 1 filed against it.
Cygnus Laboratories was incorporated on 14 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bharat Vinodchandra Shah ceased to be Additional Director on 28 Sep 2024. Bharat Vinodchandra Shah was appointed as Director on 30 Aug 2024. Nirav Pravinchandra Chokshi ceased to be Additional Director on 29 Sep 2023. Cygnus Laboratories has 23 board changes on record in total.
Cygnus Laboratories has 12 MSME Form 1 returns on record between 2019 and 2024, listing 85 overdue payments to 2 micro and small suppliers. The latest return was filed on 18 Apr 2024.
Cygnus Laboratories can be reached through the website xcelrislabs.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Cygnus Laboratories is at 3rd Floor Claris Corporate Headquarters Near Parimal Railway Crossing Ellisbrid, Ge, Ahmedabad, Gujarat, India – 380006.
Cygnus Laboratories operates in the healthcare industry, in the other hospital and medical care activities segment.
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