Ind Swift Limited - pharma in Chandigarh, Chandigarh, India. FY 2026 financials and compliance.
CIN L24230CH1986PLC006897 Incorporated 06 June 1986 ROC Chandigarh HQ Chandigarh, Chandigarh, India
Merged Listed - NSE: INDSWFTLTD · BSE: 524652 Public Limited Company pharma
Data last updated
Revenue · FY 2024
₹560.24 Cr
▲ 33.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹25.03 Cr
Issued & subscribed
Open charges
₹818.22 Cr
Satisfied ₹6,337.79 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
1,124
Latest available

About Ind Swift Limited

Data last updated: 03 December 2025

Ind Swift Limited was a public limited company based in Chandigarh, Chandigarh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 06 June 1986.

Registered with ROC Chandigarh under CIN L24230CH1986PLC006897. Listed on BSE: 524652 and NSE: INDSWFTLTD.

Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹25.03 Cr. It was led by directors including Rishav Mehta and Himanshu Jain.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 781Industrial Area Phase Ii, Chandigarh, Chandigarh, India – 160002.

As per the financials filed for FY 2024, the company reported a revenue of ₹560.24 Cr, a growth of 33% compared to the previous year.

The company had a reported workforce of approximately 1,124 employees prior to being dissolved.

The company was associated with 1 brand - Ind-Swift. As per MCA filings, the company had open charges of ₹818.22 Cr and satisfied charges of ₹6,337.79 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is indswiftltd.com.

Company Details of Ind Swift Limited
CIN L24230CH1986PLC006897
Registration Number 006897
Incorporation Date 06 June 1986
ROC Chandigarh
Listing Status Listed (BSE: 524652, NSE: INDSWFTLTD)
Company Status Amalgamated
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    781Industrial Area Phase Ii, Chandigarh, Chandigarh, India – 160002
  • Industry
    Pharma, Drug Formulation & Development
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Ind Swift Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Ind Swift Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Ind Swift Limited

Ind Swift Limited has one previous CIN (Corporate Identification Number): U24230CH1986PLC006897. The current CIN is L24230CH1986PLC006897, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L24230CH1986PLC006897 Current
U24230CH1986PLC006897 Previous

Associated Brands with Ind Swift Limited

Ind Swift Limited operates one associated brand: Ind-Swift. These brands represent Ind Swift Limited's diversified market presence and brand portfolio.

Brand Description Website
Pharmaceutical products, APIs, and herbal formulations are manufactured. indswiftltd.com

Business Activity of Ind Swift Limited

Ind Swift Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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
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Business activity turnover details for Ind Swift Limited

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Auditor Details of Ind Swift Limited

Ind Swift Limited is audited by Jain & Associates for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Jain & Associates Locked Locked Locked
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Complete auditor history for Ind Swift Limited

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Board of Directors of Ind Swift Limited

Ind Swift Limited is currently managed by 12 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Rishav Mehta Additional Director 23 Mar 2010 16 Years 4 Months As last reported
Himanshu Jain Director 31 Jul 2003 23 Years 0 Months As last reported
Navrattan Munjal Director 11 Dec 2006 19 Years 8 Months As last reported
Jagvir Singh Ahluwalia Director 29 Aug 2017 8 Years 11 Months As last reported
Sanjeev Rai Mehta Whole-Time Director 30 Nov 2006 19 Years 8 Months As last reported
Vikrant Rai Mehta Whole-Time Director 30 Sep 1993 32 Years 10 Months As last reported
Showing 6 of 12 current directors. View all directors

Financials of Ind Swift Limited FY 2024 filings available

Ind Swift Limited reported revenue of ₹560.24 Cr (up 33.00% YoY) for FY 2024.

Revenue · FY 2024
₹560.24 Cr ▲ 33.00%
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Ten-year financial statements for Ind Swift Limited

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Ownership and Shareholding of Ind Swift Limited

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Charges & Borrowings of Ind Swift Limited

Open charges
₹818.22 Cr
Satisfied charges
₹6,337.79 Cr
Breakdown by lending institutions
Others₹5,392.29 Cr
State Bank of Patiala₹474.00 Cr
State Bank of India₹88.91 Cr
Consortium Pnb Uti Sbi State Bank of Indore₹83.00 Cr
Punjab National Bank₹56.38 Cr
Others₹243.21 Cr
Latest charge details
DateLenderAmountStatus
23 Oct 2020 Axis Bank Limited ₹1.1 Cr Satisfied
07 Oct 2020 Axis Bank Limited ₹1.5 Cr Satisfied
30 Sep 2019 Axis Bank Limited ₹10.7 Cr Satisfied
28 Mar 2013 Others ₹1,002.87 Cr Satisfied
29 Jan 2013 Others ₹976.86 Cr Satisfied

Total charge records: 78 View all charges

Employees and EPFO Compliance at Ind Swift Limited

Ind Swift Limited has a workforce of 1,124 employees as of Oct 08, 2025.

Employee count
1,124
Active EPFO establishments
6
Employee growth
-8.24%
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Employee and EPFO history for Ind Swift Limited

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GST Compliance of Ind Swift Limited

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GST registrations and filing compliance for Ind Swift Limited

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Credit Ratings, Litigation & Regulatory Alerts for Ind Swift Limited

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Credit ratings, litigation, and regulatory alerts for Ind Swift Limited

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MSME Payment Delays by Ind Swift Limited

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MSME payment history for Ind Swift Limited

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Subsidiaries & Group Companies of Ind Swift Limited

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Corporate group structure for Ind Swift Limited

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MCA Filings & Documents of Ind Swift Limited

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MCA filings and documents for Ind Swift Limited

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Recent Activity on Ind Swift Limited

Activity
30 Sep 2024
Ind Swift Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
26 Jul 2024
A charge registered on 02 Apr 2003 via Charge ID 90172155 with Hdfc Bank Ltd.. was fully satisfied on 26 Jul 2024.
Charges
15 Jul 2024
A charge registered on 18 Jul 2005 via Charge ID 80042402 with Consortium Pnb Uti Sbi State Bank Of Indore was fully satisfied on 15 Jul 2024.
Charges
29 May 2024
A charge registered on 24 Apr 2009 via Charge ID 10158466 with Director Of Industries was fully satisfied on 29 May 2024.
Charges
14 May 2024
A charge registered on 17 Nov 2011 via Charge ID 10318051 with Director Of Industires was fully satisfied on 14 May 2024.
Charges
07 May 2024
A charge registered on 24 Nov 2011 via Charge ID 10320222 with Export-Import Bank Of India was fully satisfied on 07 May 2024.

Recent News on Ind Swift Limited

Frequently Asked Questions about Ind Swift Limited

Ind Swift Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Ind Swift Limited is a amalgamated public limited company in the pharma sector based in Chandigarh, Chandigarh, India. It was incorporated on 06 June 1986 and is registered under CIN L24230CH1986PLC006897. Listed on BSE: 524652 and NSE: INDSWFTLTD. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Ind Swift Limited was incorporated on 06 June 1986. Registered with ROC Chandigarh.

The current directors of Ind Swift Limited are:

The CIN (Corporate Identification Number) of Ind Swift Limited is L24230CH1986PLC006897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Ind Swift Limited is pharma. The company specifically operates in drug formulation and development.

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