About Ignite Life Science Foundation
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Ignite Life Science Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 08 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2019NPL125980. Its GSTIN is 29AAFCI3330M1ZD (Karnataka).
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors including Anandkumar Sankaran Anand and Shahid Jameel.
Its last annual general meeting (AGM) was held on 13 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.54 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹77.14 Lakh (net margin 11.8%) and EBITDA of ₹77.14 Lakh (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 242% over five years.
The company is associated with 1 brand: IgniteLSF.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ignitelsf.in.
Company details
Contact details
Ignite Life Science Foundation's registered office is in Bangalore, Karnataka. Its website is ignitelsf.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDesk No. 15S No. 14, Bhattrahalli Old Madras Road K R Puram, Bangalore, Karnataka, India – 560049
- IndustryPharma, Pharma Contract R&D
To see the full contact details of Ignite Life Science Foundation, 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
Ignite Life Science Foundation operates one associated brand: IgniteLSF. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Funding for life science research and grants in India. | ignitelsf.in |
Business activity
The main business activity of Ignite Life Science Foundation is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Ignite Life Science Foundation, buy the company report.
Financials of Ignite Life Science Foundation
FY 2025 filings availableIgnite Life Science Foundation reported revenue of ₹6.54 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 242% over five years, including 10% growth in the latest year. EBITDA fell 58% 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 | ₹77.14 Lakh | ||||
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| Net Profit (PAT) | ₹77.14 Lakh | ||||
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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 | 11.8% | ||||
| Net Profit Margin | 11.8% | ||||
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To see the full financial statements and ratios of Ignite Life Science Foundation, buy the company report.
Board of directors of Ignite Life Science Foundation
Ignite Life Science Foundation has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anandkumar Sankaran Anand | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
| Shahid Jameel | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
| Jogin Bhairav Desai Also directs: Centre for Eye Genetics and Research, Eyestem Research Private Limited, Humanist Centre for Medicine and 2 more | Director | 08 Jul 2019 | 7 Years 4 Months | Current |
| Jyotsna Dhawan Also directs: Symbidium Biosciences Private Limited | Director | 28 Apr 2023 | 3 Years 6 Months | Current |
| Pankaj Chandra | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
| Bhairavi Shibulal Madhusudhan Also directs: Moholoholo Farms Private Limited, Sowparnika Education Solutions Private Limited, Trilokesh Smart Spaces Private Limited and 1 more | Director | 15 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Ignite Life Science Foundation is compared with the 4 companies closest to it by revenue in the Pharma industry (Contract Research), with the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ombit Pharma Private Limited | ₹6.9 Cr (FY 2024) | 66.0% | Chandlodiya, Gujarat, India | |||
| Ignite Life Science Foundationthis company | ₹6.54 Cr (FY 2025) | ₹77.14 Lakh | 11.8% | 10.0% | Bangalore, Karnataka, India | |
| Micro Therapeutic Research Labs Private Limited | ₹6.34 Cr (FY 2025) | 4.0% | Chennai, Tamil Nadu, India | |||
| Innospecs Bioresearch Private Limited | ₹6.27 Cr (FY 2024) | 393.0% | Chennai, Tamil Nadu, India | |||
| MSN Research & Development Private Limited | ₹6.27 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ignite Life Science Foundation, buy the company report.
Auditor
Ignite Life Science Foundation is audited by DHIRUBHAI SHAH & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHIRUBHAI SHAH & CO LLP | FY 2022 | 102511W/W100298 |
Shareholding
The shareholding of Ignite Life Science Foundation is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ignite Life Science Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Ignite Life Science Foundation 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
No delayed payments to MSME suppliers are on our record for Ignite Life Science Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ignite Life Science Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI3330M1ZD | Karnataka | Active | 23 Jun 2021 |
To see the full GST registrations and return filing status of Ignite Life Science Foundation, buy the company report.
Recent activity
Ignite Life Science Foundation has 16 board changes on record since 2019: 9 appointments and 7 cessations. The latest: Shravanti Jayant Deshpande was appointed as Additional Director on 04 Mar 2025.
7 earlier events are in the company report.
Frequently asked questions
Ignite Life Science Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 08 July 2019 (7+ years old) and is registered under CIN U85300KA2019NPL125980.
Ignite Life Science Foundation has 8 current directors:
- Anandkumar Sankaran Anand - Director
- Shahid Jameel - Director
- Jogin Bhairav Desai - Director
- Jyotsna Dhawan - Director
- Pankaj Chandra - Director
- Bhairavi Shibulal Madhusudhan - Director
- Jayshankar Koranchath - Director
- Shravanti Jayant Deshpande - Additional Director
The latest financial statements of Ignite Life Science Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 13 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ignite Life Science Foundation is 29AAFCI3330M1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Ignite Life Science Foundation is U85300KA2019NPL125980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ignite Life Science Foundation was incorporated on 08 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ignite Life Science Foundation by revenue are Ombit Pharma Private Limited, Micro Therapeutic Research Labs Private Limited, Innospecs Bioresearch Private Limited, MSN Research & Development Private Limited, all in the Pharma industry (Contract Research), with the same principal business activity (scientific research and development).
Shravanti Jayant Deshpande was appointed as Additional Director on 04 Mar 2025. Bhairavi Shibulal Madhusudhan ceased to be Additional Director on 27 Sep 2024. Bhairavi Shibulal Madhusudhan was appointed as Director on 15 Oct 2023. Ignite Life Science Foundation has 16 board changes on record in total.
Ignite Life Science Foundation can be reached through the website ignitelsf.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ignite Life Science Foundation is at Desk No. 15S No. 14, Bhattrahalli Old Madras Road K R Puram, Bangalore, Karnataka, India – 560049.
Ignite Life Science Foundation operates in the pharma industry, in the pharma contract r and d segment.
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