MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-HP-11-0005422
Higgs Life Sciences Private Limited - pharma in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.89 Cr
Latest filing
Net loss · FY 2025
₹73.95 Lakh
Net margin -39.1%
EBITDA · FY 2025
₹59.93 Lakh
EBITDA margin 31.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹89.78 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
About Higgs Life Sciences Private Limited
Data last updated:
Higgs Life Sciences Private Limited is a private limited company based in Chandigarh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24290CH2019PTC042848. Its GSTIN is 02AAFCH1603J1Z4 (Himachal Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Alok Madhok and Manav Arora.
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 Plot No – 828 Industrial Area Ph – 2, Chandigarh, India – 160002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.89 Cr. For the same year it recorded a net loss of ₹73.95 Lakh (net margin -39.1%) and EBITDA of ₹59.93 Lakh (EBITDA margin 31.7%).
As per MCA filings, the company has open charges of ₹89.78 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it.
Higgs Life Sciences Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0005422). For more details, the company can be reached via its website virgolam.com.
Company Details of Higgs Life Sciences Private Limited
CIN U24290CH2019PTC042848
Registration Number 042848
Incorporation Date 30 December 2019
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-HP-11-0005422
Recognitions & Rankings of Higgs Life Sciences
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No – 828 Industrial Area Ph – 2, Chandigarh, India – 160002
- IndustryPharma, Drug Formulation & Development
Comprehensive company report
Higgs Life Sciences Private Limited - one report that includes everything
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Financials of Higgs Life Sciences Private Limited FY 2025 filings available
Higgs Life Sciences Private Limited reported revenue of ₹1.89 Cr for FY 2025.
Revenue · FY 2025
₹1.89 Cr
Net loss · FY 2025
₹73.95 Lakh margin -39.1%
EBITDA · FY 2025
₹59.93 Lakh margin 31.7%
Financial Statement Summary of Higgs Life Sciences 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 | ₹59.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹73.95 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 Higgs Life Sciences Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -39.1% | •••• | •••• | •••• | •••• |
| 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 Higgs Life Sciences are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Higgs Life Sciences Private Limited
Higgs Life Sciences has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Madhok Also directs: Higgs Healthcare Limited | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
| Manav Arora Also directs: Katyani Chemtech India LLP, Glamiva Overseas Private Limited, Lamivaa Decors LLP and 5 more | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
| Parveen Kumar Also directs: Katyani Chemtech India LLP, Virgo Medilabs LLP, Chandigarh Business Park LLP and 5 more | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
| Gautam Madhok Also directs: Higgs Healthcare Limited | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of Higgs Life Sciences Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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- Historical changes
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Higgs Life Sciences Private Limited
Open charges
₹89.78 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2025 | Hdfc Bank Limited | ₹77.78 Cr | Open |
| 09 Feb 2022 | Hdfc Bank Limited | ₹12 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Higgs Life Sciences Private Limited
Higgs Life Sciences Private Limited has 7 court cases on record: 4 filed by Higgs Life Sciences, 3 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Total cases
7
Filed by the company
4
Filed against the company
3
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Himachal Pradesh | Court case (CMP.M) | Filed against the company by Union of India | Disposed |
| High Court of Himachal Pradesh | Interim or miscellaneous application | Filed against the company by Union of India | Disposed |
| High Court of Himachal Pradesh | Appeal | Filed against the company by Union of India | Disposed |
| High Court of Himachal Pradesh | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court of Himachal Pradesh | Writ petition | Filed by the company against an individual | Disposed |
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Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
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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.
Employees and EPFO Compliance at Higgs Life Sciences Private Limited
Employment history and EPFO contributions of people linked to Higgs Life Sciences.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Higgs Life Sciences Private Limited
Higgs Life Sciences Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Alok Madhok was appointed as Director on 30 Dec 2019.
AGM
Higgs Life Sciences Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 7,778.00 Lakh registered on 22 Jan 2025 with Charge ID 101039749 was modified on 07 Jul 2025.
Filing
Higgs Life Sciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7,778.00 Lakh with Charge ID 101039749 was registered on 22 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 1,200.00 Lakh registered on 09 Feb 2022 with Charge ID 100549219 was modified on 20 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,200.00 Lakh with Charge ID 100549219 was registered on 09 Feb 2022.
Appointed
Alok Madhok was appointed as Director.
Appointed
Gautam Madhok was appointed as Director.
Appointed
Manav Arora was appointed as Director.
Appointed
Parveen Kumar was appointed as Director.
Incorporation
30 Dec 2019
Higgs Life Sciences Private Limited was registered on 30 Dec 2019 with Roc Chandigarh & aged 6 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Higgs Life Sciences Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Higgs Life Sciences Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Higgs Life Sciences Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Higgs Life Sciences Private Limited
Higgs Life Sciences has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAFCH1603J1Z4 | Himachal Pradesh | Active | 16 Dec 2021 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Higgs Life Sciences Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Higgs Life Sciences Private Limited
Frequently Asked Questions about Higgs Life Sciences Private Limited
Higgs Life Sciences is an active private limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 December 2019 (7+ years old) and is registered under CIN U24290CH2019PTC042848.
Higgs Life Sciences reported revenue of ₹1.89 Cr for FY 2025.
Higgs Life Sciences has 4 current directors:
- Alok Madhok - Director
- Manav Arora - Director
- Parveen Kumar - Director
- Gautam Madhok - Director
Higgs Life Sciences reported a net loss of ₹73.95 Lakh (net margin -39.1%) and EBITDA of ₹59.93 Lakh (EBITDA margin 31.7%) for FY 2025, as per its filed financial statements.
The GSTIN of Higgs Life Sciences is 02AAFCH1603J1Z4, registered in Himachal Pradesh.
The CIN (Corporate Identification Number) of Higgs Life Sciences is U24290CH2019PTC042848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Higgs Life Sciences has 7 court cases on record: 4 filed by the company and 3 filed against it.
Higgs Life Sciences was incorporated on 30 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
Alok Madhok was appointed as Director on 30 Dec 2019. Gautam Madhok was appointed as Director on 30 Dec 2019. Manav Arora was appointed as Director on 30 Dec 2019. Higgs Life Sciences has 4 board changes on record in total.
Yes, Higgs Life Sciences is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0005422).