Icpa Health Products Ltd - Company Profile

Q: Who are the current directors of Icpa Health Products Ltd?

The current directors of Icpa Health Products Ltd are Nehal Ravi Shah, Hiral Nimesh Chheda, Rohit Gulabchand Mehta, Abha Sajjankumar Damani, Vishal Bhailal Shah.

It is a pharma public limited company based in Mumbai, Maharashtra, India, established in 1983.

1983 Mumbai, Maharashtra, India Active

Last Updated: February 03, 2026

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About Icpa Health Products Ltd

Icpa Health Products Ltd, a active public limited company, was established on 20 August 1983 in Mumbai, Maharashtra, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: U24200MH1983PLC030670. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.45 M.

It upholds a compliant status. Employing 628 professional, Its leadership includes Nehal Ravi Shah (Director), Hiral Nimesh Chheda (Whole-Time Director), Rohit Gulabchand Mehta (Managing Director). Past directors included Nehal Ravi Shah, Hiral Nimesh Chheda, Rohit Gulabchand Mehta. It holds no open charges and ₹3.12 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 216-219, Adarsh Industrial Estate, Sahar Road, Chakala, Andheri (East),, Mumbai, Maharashtra, 400099.

Company Details

CIN/LLPIN
U24200MH1983PLC030670
Registration Number
030670
Incorporation Date
20 August 1983
Authorized Capital
₹2.50 M
Paid-Up Capital
₹2.45 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.50 M as on 03-02-2026
Paid Up Capital ₹ 2.45 M as on 03-02-2026
Company Age 42 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 3.12 Cr as on 03-02-2026
Revenue Growth **** 28.05% (FY 2024)
Profit Growth **** 132.19% (FY 2024)
Ebitda **** 74.95% (FY 2024)
Net Worth 26.47% (FY 2024)
Total Assets **** 28.18% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Icpa Health Products Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Icpa Health Products Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Nehal Ravi Shah	Director	30 Jan 2023	Current
Hiral Nimesh Chheda	Whole-Time Director	01 Apr 2000	Current
Rohit Gulabchand Mehta	Managing Director	20 Aug 1983	Current
Abha Sajjankumar Damani	Whole-Time Director	01 Apr 2000	Current
Vishal Bhailal Shah	Director	30 Jan 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Director	15 Mar 2016	Past
Pramod Abcsdd	Managing Director	11 Sep 2025	Past
Pramod Abcsdd	Director	15 Mar 2016	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past

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Financial Performance of Icpa Health Products.

Icpa Health Products Ltd, for the financial year ended 2024, experienced significant growth in revenue, with a 28.05% increase. The company also saw a substantial improvement in profitability, with a 132.19% increase in profit. The company's net worth Soared by an impressive increase of 26.47%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

28.05%

*******

Revenue from Operations

*******

18.80%

*******

Total Assets

*******

28.18%

*******

Profit or Loss

*******

132.19%

*******

Net Worth

*******

26.47%

*******

EBITDA

*******

74.95%

*******

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What is the Ownership and Shareholding Structure of Icpa Health Products?

In 2023, Icpa Health Products had a promoter holding of 89.75% and a public holding of 10.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹31,200,000.00

Charges Breakdown by Lending Institutions

Bank Of India : 2.15 Cr
Gujarat State Financial Corp. : 0.97 Cr

Latest Charge Details

Date	Lender	Amount	Status
11 Jan 1999	Bank Of India	₹1.85 Cr	Satisfied
23 Apr 1992	Gujarat State Financial Corp.	₹5.70 M	Satisfied
20 Dec 1985	Bank Of India	₹1.20 M	Satisfied
22 Jul 1985	Gujarat State Financial Corp.	₹2.00 M	Satisfied
22 Jul 1985	Gujarat State Financial Corp.	₹2.00 M	Satisfied

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How Many Employees Work at Icpa Health Products?

Icpa Health Products has a workforce of 628 employees as of Feb 28, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Icpa Health Products, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Icpa Health Products's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Icpa Health Products

Recent Activity within the Organization

Annual General Meeting

The activity Icpa Health Products Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Balance Sheet

The activity Icpa Health Products Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Progress on Nehal Ravi Shah was appointed as a Director was appointed as a Director on 30 Jan 2023 & has been associated with this company since 3 years 25 days . was documented.
30 Jan 2023
Director Appointment

Vishal Bhailal Shah was appointed as a Director was appointed as a Director on 30 Jan 2023 & has been associated with this company since 3 years 25 days . was recorded as a recent event.
30 Jan 2023
Charges

The activity A charge registered on 11 Jan 1999 via Charge ID 90184108 with Bank Of India was fully satisfied on 14 Jul 2021. was completed.
14 Jul 2021
Charges

A charge registered on 20 Dec 1985 via Charge ID 90185035 with Bank Of India was fully satisfied on 14 Jul 2021. was recorded as a recent event.
14 Jul 2021

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