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Duallife Science Private Limited - healthcare in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.44 Cr
▲ 34% YoY
Net profit · FY 2024
₹3.68 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹12.08 Lakh
EBITDA margin 2.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹4.14 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
6
As per MCA filings
About Duallife Science Private Limited
Data last updated:
Duallife Science Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 16 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC101851. Its GSTIN is 24AAGCD6504R1ZB (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Prakash Popatbhai Mansara and Suruchi Prakash Mansara.
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 212 Platinum Plaza V T Nagar Road Sarthana Janatnaka, Surat, Gujarat, India – 395006.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.44 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹3.68 Lakh (net margin 0.7%) and EBITDA of ₹12.08 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 37% over five years.
The company is associated with 1 brand: Duallife. As per MCA filings, the company has open charges of ₹4.14 Cr on record.
Duallife Science Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0020212). For more details, the company can be reached via its website duallife.in.
Company details
CIN U74999GJ2018PTC101851
Registration Number 101851
Incorporation Date 16 April 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0020212
Key People
Prakash Popatbhai Mansara Director Suruchi Prakash Mansara Director Asmitaben Bhaveshbhai Gajera Director Recognitions & Rankings of Duallife Science
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0020212
Contact details
Duallife Science Private Limited's registered office is in Surat, Gujarat. Its website is duallife.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address212 Platinum Plaza V T Nagar Road Sarthana Janatnaka, Surat, Gujarat, India – 395006
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Duallife Science Private Limited, buy the company report.
Comprehensive company report
Duallife Science 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
Duallife Science operates one associated brand: Duallife. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality scientific laboratory and healthcare equipment for professional use. | duallife.in |
Business activity
The main business activity of Duallife Science is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Duallife Science Private Limited, buy the company report.
Financials of Duallife Science Private Limited
FY 2025 filings availableDuallife Science Private Limited reported revenue of ₹5.44 Cr (up 34% YoY) for FY 2024.
Revenue · FY 2024
₹5.44 Cr ▲ 34%
Net profit · FY 2024
₹3.68 Lakh margin 0.7%
EBITDA · FY 2024
₹12.08 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 27%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 26%
5 years · compounded
▲ 52%
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 34% growth in the latest year. EBITDA fell 19% 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 |
|---|---|---|---|---|---|
| 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 | ₹12.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 2.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Duallife Science Private Limited, buy the company report.
Board of directors of Duallife Science Private Limited
Duallife Science has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Popatbhai Mansara Also directs: Dual Life Chem Private Limited, Dual Life Biosyn Private Limited, Atomen Technologies Private Limited and 4 more | Director | 16 Apr 2018 | 8 Years 6 Months | Current |
| Suruchi Prakash Mansara Also directs: Dual Life Biosyn Private Limited, Dual Life Energy Private Limited | Director | 16 Apr 2018 | 8 Years 6 Months | Current |
| Asmitaben Bhaveshbhai Gajera Also directs: Dual Life Biosyn Private Limited | Director | 16 Apr 2018 | 8 Years 6 Months | Current |
| Bhaveshbhai Jagdishbhai Gajera | Director | 04 Aug 2021 | 5 Years 3 Months | Current |
| Sanjaykumar Lallubhai Ukani Also directs: Dual Life Biosyn Private Limited | Director | 04 Aug 2021 | 5 Years 3 Months | Current |
| Sagunaben Sanjaybhai Ukani Also directs: Dual Life Biosyn Private Limited, Dual Life Energy Private Limited | Director | 04 Aug 2021 | 5 Years 3 Months | Current |
Auditor
Duallife Science Private Limited is audited by CHIRAG JAGADISHBHAI KOTADIYA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHIRAG JAGADISHBHAI KOTADIYA | FY 2023 | 164607 |
Shareholding
The shareholding of Duallife 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 Duallife Science Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101218971 | Others | ₹2.57 Cr | Open | |
| 30 Jan 2025 | 101041500 | Others | ₹1.57 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Duallife 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 Duallife Science Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Duallife Science has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCD6504R1ZB | Gujarat | Active | 27 Apr 2018 |
To see the full GST registrations and return filing status of Duallife Science Private Limited, buy the company report.
Recent activity
Duallife Science Private Limited has 9 board changes on record since 2018: 6 appointments and 3 cessations. The latest: Poonamben Rahulbhai Vaghasiya ceased to be Director on 13 Jun 2025.
AGM
Duallife Science Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.57 Cr with Charge ID 101218971 was registered on 25 Sep 2025.
Ceased
Poonamben Rahulbhai Vaghasiya ceased to be Director.
Ceased
Rahulbhai Dulabhai Vaghasiya ceased to be Director.
Filing
Duallife Science Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.57 Cr with Charge ID 101041500 was registered on 30 Jan 2025.
Appointed
Bhaveshbhai Jagdishbhai Gajera was appointed as Director.
Appointed
Sagunaben Sanjaybhai Ukani was appointed as Director.
Appointed
Sanjaykumar Lallubhai Ukani was appointed as Director.
Ceased
Paras Rajendrakumar Shah ceased to be Director.
Appointed
Asmitaben Bhaveshbhai Gajera was appointed as Director.
Appointed
Prakash Popatbhai Mansara was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Duallife Science is an active private limited company based in Surat, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 16 April 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC101851.
Duallife Science has 6 current directors:
- Prakash Popatbhai Mansara - Director
- Suruchi Prakash Mansara - Director
- Asmitaben Bhaveshbhai Gajera - Director
- Bhaveshbhai Jagdishbhai Gajera - Director
- Sanjaykumar Lallubhai Ukani - Director
- Sagunaben Sanjaybhai Ukani - Director
The latest financial statements of Duallife Science 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 FY 2019 are in the company report.
The GSTIN of Duallife Science is 24AAGCD6504R1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Duallife Science is U74999GJ2018PTC101851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Duallife Science was incorporated on 16 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Poonamben Rahulbhai Vaghasiya ceased to be Director on 13 Jun 2025. Rahulbhai Dulabhai Vaghasiya ceased to be Director on 13 Jun 2025. Bhaveshbhai Jagdishbhai Gajera was appointed as Director on 04 Aug 2021. Duallife Science has 9 board changes on record in total.
Yes, Duallife Science is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Duallife Science is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0020212).
Duallife Science can be reached through the website duallife.in. Its registered office is in Surat, Gujarat, India.
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