About Horster Life Science Private Limited
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Horster Life Science Private Limited is a private limited company based in Bharuch, Gujarat, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 14 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2013PTC077207. Its GSTIN is 24AAFCC5042G1Z1 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.9 Lakh. It was formerly known as Clairchem India Private Limited. It is led by directors Mehul Niranjan Jhaveri and Mansukhlal Shivlal Dhameliya.
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 Plot No. 905/12/A GIDC Panoli Village – Panoli Taluka – Anklesvar, Bharuch, Gujarat, India – 394116.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.33 Cr, a growth of 136% compared to the previous year. For the same year it recorded a net profit of ₹2.15 Cr (net margin 4.6%) and EBITDA of ₹4.36 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 77% over five years.
The company is associated with 1 brand: Horster Life Science. As per MCA filings, the company has open charges of ₹10.16 Cr and satisfied charges of ₹11.85 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 horsterlifescience.com.
Company details
Contact details
Horster Life Science Private Limited's registered office is in Bharuch, Gujarat. Its website is horsterlifescience.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 905/12/A GIDC Panoli Village – Panoli Taluka – Anklesvar, Bharuch, Gujarat, India – 394116
- IndustryPharma, API Manufacturers
To see the full contact details of Horster Life Science 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
Horster Life Science operates one associated brand: Horster Life Science. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports active pharmaceutical ingredients and intermediates globally. | horsterlifescience.com |
Business activity
The main business activities of Horster Life Science are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Horster Life Science Private Limited, buy the company report.
Financials of Horster Life Science Private Limited
FY 2024 filings availableHorster Life Science Private Limited reported revenue of ₹46.33 Cr (up 136% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 77% over five years, including 136% growth in the latest year. EBITDA rose 237% 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 | ₹4.36 Cr | ||||
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| Net Profit (PAT) | ₹2.15 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 4.6% | ||||
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To see the full financial statements and ratios of Horster Life Science Private Limited, buy the company report.
Board of directors of Horster Life Science Private Limited
Horster Life Science has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Niranjan Jhaveri | Director | 14 Oct 2013 | 13 Years 0 Months | Current |
| Mansukhlal Shivlal Dhameliya Also directs: Horster Biopharma Limited, Horster Healthcare Private Limited | Additional Director | 08 Feb 2025 | 1 Years 9 Months | Current |
Peer comparison
Horster Life Science Private Limited is compared with the 7 companies closest to it by revenue in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Heptachem & Pharma (India) Private Limited | ₹46.48 Cr (FY 2024) | -18.0% | Hyderabad, Telangana, India | |||
| Kalintis Healthcare Private Limited | ₹46.35 Cr (FY 2025) | 23.0% | Gardhiya, Gujarat, India | |||
| Horster Life Science Private Limitedthis company | ₹46.33 Cr (FY 2025) | ₹2.15 Cr | 4.6% | 136.0% | Bharuch, Gujarat, India | |
| Abhilasha Pharma Private Limited | ₹46.09 Cr (FY 2025) | -2.0% | Ahmedabad, Gujarat, India | |||
| R L Chemical Industries Private Limited | ₹45.99 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Maithili Life Sciences Private Limited | ₹45.89 Cr (FY 2023) | 20.0% | Hyderabad, Telangana, India | |||
| Sainor Life Sciences Private Limited | ₹45.59 Cr (FY 2021) | -18.0% | Hyderabad, Telangana, India | |||
| Amara Labs Private Limited | ₹45.37 Cr (FY 2021) | 173.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Horster Life Science Private Limited, buy the company report.
Auditor
Horster Life Science Private Limited is audited by Shah Desai & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Desai & Co | FY 2023 | 0125486W |
Shareholding
The shareholding of Horster Life Science Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Horster Life Science Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2023 | 100690839 | Sidbi | ₹3.22 Cr | Open | |
| 01 Sep 2022 | 100610429 | Axis Bank Limited | ₹6.94 Cr | Open | |
| 21 Jun 2022 | 100593023 | Others | ₹4.95 Cr | Satisfied | |
| 15 Jun 2022 | 100590694 | Others | ₹4.95 Cr | Satisfied | |
| 27 Aug 2018 | 100200032 | Others | ₹1.05 Cr | Satisfied |
To see the full charge records of Horster Life Science Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Horster Life 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
Horster Life Science Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 25 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jyoti Industrial Corporation | |||
| an individual supplier | |||
| an individual supplier | |||
| Sahyadri Rasayan | |||
| an individual supplier |
To see the full MSME payment records of Horster Life Science Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Horster Life Science has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCC5042G1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Horster Life Science Private Limited, buy the company report.
Recent activity
Horster Life Science Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Manish Gordhanbhai Tilala ceased to be Director on 08 Feb 2025.
7 earlier events are in the company report.
Frequently asked questions
Horster Life Science is an active private limited company based in Bharuch, Gujarat, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 14 October 2013 (13+ years old) and is registered under CIN U24100GJ2013PTC077207.
Horster Life Science has 2 current directors:
- Mehul Niranjan Jhaveri - Director
- Mansukhlal Shivlal Dhameliya - Additional Director
The latest financial statements of Horster Life Science 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 Horster Life Science is 24AAFCC5042G1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Horster Life Science is U24100GJ2013PTC077207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horster Life Science was incorporated on 14 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Horster Life Science by revenue are Heptachem & Pharma (India) Private Limited, Kalintis Healthcare Private Limited, Abhilasha Pharma Private Limited, R L Chemical Industries Private Limited, Maithili Life Sciences Private Limited and 2 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Manish Gordhanbhai Tilala ceased to be Director on 08 Feb 2025. Mansukhlal Shivlal Dhameliya was appointed as Additional Director on 08 Feb 2025. Mansukhlal Shivlal Dhameliya ceased to be Additional Director on 29 Sep 2023. Horster Life Science has 4 board changes on record in total.
Horster Life Science has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 25 overdue payments to 13 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Horster Life Science can be reached through the website horsterlifescience.com. Its registered office is in Bharuch, Gujarat, India.
The registered office of Horster Life Science is at Plot No. 90512A GIDC Panoli Village – Panoli Taluka – Anklesvar, Bharuch, Gujarat, India – 394116.
Horster Life Science operates in the pharma industry, in the api manufacturers segment.
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