About Forever Lifescience Private Limited
Data last updated:
Forever Lifescience Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 14 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24232GJ2014PTC081039. Its GSTIN is 24AACCF4681P1Z7 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Khilan P Ramani and Manish Kantibhai Tala.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 74/D Sopan Kesar Industrial Hub Moraiya Sanand, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.47 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹60.19 Lakh (net margin 1.4%) and EBITDA of ₹1.73 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 25% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.62 Cr and satisfied charges of ₹3.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website foreverlifescience.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address74/D Sopan Kesar Industrial Hub Moraiya Sanand, Ahmedabad, Gujarat, India – 382213
- IndustryFMCG, Personal Care & Skincare Products
- 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
- One PDF report, delivered after checkout
Business Activity of Forever Lifescience Private Limited
The main business activity of Forever Lifescience is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Forever Lifescience Private Limited FY 2025 filings available
Forever Lifescience Private Limited reported revenue of ₹42.47 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Forever Lifescience Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 20% 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 of Forever Lifescience Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.73 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹60.19 Lakh | •••• | •••• | •••• | •••• |
| 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 of Forever Lifescience Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Forever Lifescience are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Forever Lifescience Private Limited
Forever Lifescience Private Limited is compared with the companies closest to it by revenue in the FMCG industry (Personal Care and Skin Care). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sharaya Cosmocare Private Limited | ₹44.52 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Delhi, India |
| Sadanam Personal Products Limited | ₹44.08 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Chengalpattu, Tamil Nadu, India |
| Supreme Shavers India Private Limited | ₹43.68 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Delhi, India |
| Chipper Consumer Private Limited | ₹43.34 Cr (FY 2024) | •••• | •••• | 183.0% | •••• | Gurgaon, Haryana, India |
| Ananya Herbal Private Limited | ₹42.7 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Delhi, India |
| Forever Lifescience Private Limited this company | ₹42.47 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Ahmedabad, Gujarat, India |
| Harbans Lal Malhotra & Sons (Shaving) Private Limited | ₹42.31 Cr (FY 2024) | •••• | •••• | 68.0% | •••• | Kolkata, West Bengal, India |
| Umendra Exports Private Limited | ₹41.69 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Beronika International Private Limited | ₹41.31 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Eipii Exports Private Limited | ₹40.83 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Ambarnath, Maharashtra, India |
| Beaucience India Private Limited | ₹40.44 Cr (FY 2024) | •••• | •••• | 113.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Forever Lifescience by revenue in the FMCG industry (Personal Care and Skin Care), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Forever Lifescience Private Limited
Forever Lifescience Private Limited is audited by SHAH BHARAT & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH BHARAT & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Forever Lifescience Private Limited
Forever Lifescience has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khilan P Ramani | Director | 08 Nov 2016 | 9 Years 11 Months | Current |
| Manish Kantibhai Tala Also directs: Impress Printhub Private Limited | Director | 14 Oct 2014 | 11 Years 11 Months | Current |
| Shaileshbhai Dahyabhai Tala Also directs: Impact Lifecare Private Limited | Director | 14 Oct 2014 | 11 Years 11 Months | Current |
| Bharatbhai Hirabhai Tala Also directs: Abv Corporation LLP, Impact Lifecare Private Limited | Director | 14 Oct 2014 | 11 Years 11 Months | Current |
| Rajnik Hirabhai Tala Also directs: Impress Printhub Private Limited | Director | 14 Oct 2014 | 11 Years 11 Months | Current |
Ownership and Shareholding of Forever Lifescience Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Forever Lifescience Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 May 2021 | Standard Chartered Bank | ₹51.12 Lakh | Open |
| 25 Jan 2021 | Standard Chartered Bank | ₹6.03 Cr | Open |
| 25 Jan 2021 | Standard Chartered Bank | ₹8 Lakh | Open |
| 26 Oct 2016 | Indian Overseas Bank | ₹3.4 Cr | Satisfied |
Total charge records: 4 View all charges
MSME Payment Delays by Forever Lifescience Private Limited
Forever Lifescience Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 47 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shreenath Chemicals | •••• | •••• | •••• |
| Sintron Polymers Private Limited | •••• | •••• | •••• |
| Ishita Drugs and Industries Limited | •••• | •••• | •••• |
| Apex Healthcare Limited | •••• | •••• | •••• |
| Suheka Industries | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Forever Lifescience Private Limited
Forever Lifescience Private Limited has a workforce of 23 employees as of Mar 07, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Forever Lifescience Private Limited
Forever Lifescience Private Limited has 6 board changes on record since 2014: 5 appointments and 1 cessation. The latest: Khilan P Ramani ceased to be Additional Director on 30 Sep 2017.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Forever Lifescience Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Forever Lifescience Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Forever Lifescience Private Limited
Forever Lifescience has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCF4681P1Z7 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Forever Lifescience Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Forever Lifescience Private Limited
Forever Lifescience is an active private limited company based in Ahmedabad, Gujarat, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 14 October 2014 (12+ years old) and is registered under CIN U24232GJ2014PTC081039.
Forever Lifescience reported revenue of ₹42.47 Cr for FY 2025 (up 20% YoY).
Forever Lifescience has 5 current directors:
- Khilan P Ramani - Director
- Manish Kantibhai Tala - Director
- Shaileshbhai Dahyabhai Tala - Director
- Bharatbhai Hirabhai Tala - Director
- Rajnik Hirabhai Tala - Director
Forever Lifescience reported a net profit of ₹60.19 Lakh (net margin 1.4%) and EBITDA of ₹1.73 Cr (EBITDA margin 4.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forever Lifescience is 16% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Forever Lifescience is 24AACCF4681P1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Forever Lifescience is U24232GJ2014PTC081039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forever Lifescience was incorporated on 14 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Forever Lifescience by revenue are Sharaya Cosmocare Private Limited, Sadanam Personal Products Limited, Supreme Shavers India Private Limited, Chipper Consumer Private Limited, Ananya Herbal Private Limited and 5 more, all in the FMCG industry (Personal Care and Skin Care).
Khilan P Ramani ceased to be Additional Director on 30 Sep 2017. Khilan P Ramani was appointed as Director on 08 Nov 2016. Bharatbhai Hirabhai Tala was appointed as Director on 14 Oct 2014. Forever Lifescience has 6 board changes on record in total.
Yes, Forever Lifescience is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Forever Lifescience has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 47 overdue payments to 22 micro and small suppliers. The latest return was filed on 20 Jan 2020.