About Envision Scientific Private Limited
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Envision Scientific Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 22 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2008PTC055732. Its GSTIN is 06AACCE0979P1Z5 (Haryana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹1.45 Cr. It is led by directors including Manish Indulal Doshi (Managing Director) and Nipulkumar Himatbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office 1~3 Silver Palm II Near Sneh Milan Garden Kadampalli Nanpura, Surat, Gujarat, India – 395001.
As per the financials filed for FY 2025, the company reported a revenue of ₹251.67 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹5.63 Cr (net margin 2.2%) and EBITDA of ₹41.99 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 26% over five years.
The company has about 286 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Envision Scientific. As per MCA filings, the company has open charges of ₹108.99 Cr and satisfied charges of ₹134.15 Cr on record. Court records list 19 cases involving the company, including 14 filed by the company and 5 filed against it; 12 cases are pending. The company has 20 deals on record (12 secondary share transfers, 8 funding rounds), with disclosed funding of ₹75.05 Cr; the latest was in July 2022. The company has 18 MSME Form 1 returns on record between 2018 and 2024, listing 973 overdue payments to 97 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website espl.net.in.
Company details
Contact details
Envision Scientific Private Limited's registered office is in Surat, Gujarat. Its website is espl.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice 1~3 Silver Palm II Near Sneh Milan Garden Kadampalli Nanpura, Surat, Gujarat, India – 395001
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Envision Scientific 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
Brands
Envision Scientific operates one associated brand: Envision Scientific. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Nanotechnology-based drug delivery systems are developed for cardiovascular devices. | envisionscientific.com |
Business activity
The main business activities of Envision Scientific are manufacturing and professional, scientific and technical. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and scientific research and development. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Envision Scientific Private Limited, buy the company report.
Financials of Envision Scientific Private Limited
FY 2024 filings availableEnvision Scientific Private Limited reported revenue of ₹251.67 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 2% growth in the latest year. EBITDA fell 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹41.99 Cr | ||||
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| Net Profit (PAT) | ₹5.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.7% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Envision Scientific Private Limited, buy the company report.
Board of directors of Envision Scientific Private Limited
Envision Scientific has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nipulkumar Himatbhai Patel Also directs: Concept Medical Research Private Limited, Sportsvest LLP | Director | 23 May 2011 | 15 Years 5 Months | Current |
| Manish Indulal Doshi Also directs: Mytry Fashion & Wellness LLP, Magical Foods and Beverages LLP, Concept Medical Research Private Limited and 2 more | Managing Director | 28 Jun 2010 | 16 Years 4 Months | Current |
| Ambrish Laxmidas Thakker | Nominee Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Parth Manish Doshi Also directs: Mytry Fashion & Wellness LLP, Magical Foods and Beverages LLP, Concept Medical Research Private Limited and 5 more | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Envision Scientific Private Limited is audited by SMRN &Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SMRN &Co. | FY 2024 | 143313W |
Shareholding
The shareholding of Envision Scientific Private 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 Envision Scientific Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2024 | 101036564 | Others | ₹2.6 Cr | Open | |
| 25 Mar 2022 | 100550259 | Others | ₹106.39 Cr | Open | |
| 23 Feb 2023 | 100687985 | Others | ₹29.86 Cr | Satisfied | |
| 31 Jan 2022 | 100541342 | Axis Bank Limited | ₹5 Cr | Satisfied | |
| 25 Jan 2022 | 100543521 | Axis Bank Limited | ₹7.14 Cr | Satisfied |
To see the full charge records of Envision Scientific Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Envision Scientific Private Limited has 20 deals on record (12 secondary share transfers, 8 funding rounds), with disclosed funding of ₹75.05 Cr; the latest was in July 2022.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Concept Medical Inc Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Maxfield Manage Ment Limited, 2 individuals |
| Feb 2019 | Funding round | ₹57.03 Cr | Investors: Concept Medical Inc |
To see the full deal history of Envision Scientific Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Envision Scientific Private Limited has 19 court cases on record: 14 filed by Envision Scientific, 5 filed against it. 12 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 1 | 8 |
| High courts | 6 | 1 | 3 |
| NCLT | 3 | 3 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Arbitration matter | Filed against the company by M/S Relisys Medical Devices Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Pranjal Corporate Services Private Limited and 1 other | Pending |
| High Court of Gujarat | Arbitration matter | Filed by the company against Relisys Medical Devices Limited | Disposed |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed by the company against Sahajanand Medical Technology Pvt Ltd and 1 other | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Envision Scientific Private 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
Envision Scientific Private Limited has 18 MSME Form 1 returns on record between 2018 and 2024, listing 973 overdue payments to 97 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 (5 of 97)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Khanak System | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Envision Scientific Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Envision Scientific Private Limited has a workforce of 286 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 286 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Envision Scientific Private Limited, buy the company report.
GST
Envision Scientific has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCE0979P1Z5 | Haryana | Active | 20 Nov 2018 |
| 32AACCE0979P1ZA | Kerala | Active | 21 Mar 2020 |
To see the full GST registrations and return filing status of Envision Scientific Private Limited, buy the company report.
Recent activity
Envision Scientific Private Limited has 18 board changes on record since 2010: 4 appointments and 14 cessations. The latest: Bhavdip Doshi Indulal ceased to be Director on 15 Jun 2023.
43 earlier events are in the company report.
Frequently asked questions
Envision Scientific 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 22 December 2008 (18+ years old) and is registered under CIN U24230GJ2008PTC055732.
Envision Scientific has 4 current directors:
- Manish Indulal Doshi - Managing Director
- Nipulkumar Himatbhai Patel - Director
- Ambrish Laxmidas Thakker - Nominee Director
- Parth Manish Doshi - Director
The latest financial statements of Envision Scientific on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Envision Scientific is 06AACCE0979P1Z5, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AACCE0979P1ZA (Kerala).
The CIN (Corporate Identification Number) of Envision Scientific is U24230GJ2008PTC055732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Envision Scientific has 19 court cases on record: 14 filed by the company and 5 filed against it. 12 are pending. Most are in the district courts.
Envision Scientific was incorporated on 22 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Envision Scientific has 20 deals on record (12 secondary share transfers, 8 funding rounds), with disclosed funding of ₹75.05 Cr; the latest was in July 2022.
Bhavdip Doshi Indulal ceased to be Director on 15 Jun 2023. Devanshu Prataprai Sheth ceased to be Director on 01 Feb 2021. Divyesh Prasannvaden Sherdiwala ceased to be Director on 01 Feb 2021. Envision Scientific has 18 board changes on record in total.
Envision Scientific has 18 MSME Form 1 returns on record between 2018 and 2024, listing 973 overdue payments to 97 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Envision Scientific can be reached through the website espl.net.in. Its registered office is in Surat, Gujarat, India.
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