Indon Labs Pvt Ltd
About Indon Labs Pvt Ltd
Data last updated:
Indon Labs Pvt Ltd was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 19 December 1983.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U85190MH1983PTC031600. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Manish Sumatilal Shah and Amish Vinodlal Shah.
Its last annual general meeting (AGM) was held on 25 July 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Mehta Mahal 3rd Flr 15 Mathew Rd, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2016, the company reported a revenue of ₹19.04 Lakh, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹7.04 Lakh (net margin 37%) and EBITDA of ₹13.47 Lakh (EBITDA margin 70.7%).
As per MCA filings, the company has satisfied charges of ₹700.8 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
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- Registered AddressMehta Mahal 3rd Flr 15 Mathew Rd, Mumbai, Maharashtra, India – 400004
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
- 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
- One PDF report, delivered after checkout
Financials of Indon Labs Pvt Ltd FY 2016 filings available
Indon Labs Pvt Ltd reported revenue of ₹19.04 Lakh (up 89% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Indon Labs Pvt Ltd
Revenue rose 89% in the latest year. EBITDA rose 38% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Indon Labs Pvt Ltd
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹19.04 Lakh | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹13.47 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹7.04 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 Indon Labs Pvt Ltd
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 70.7% | •••• |
| Net Profit Margin | 37% | •••• |
| 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 Indon Labs are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Indon Labs Pvt Ltd
Indon Labs Pvt Ltd is compared with the companies closest to it by revenue in the Healthcare industry (Diagnostics and Pathology Labs). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medimage Health Services Private Limited | ₹19.65 Lakh (FY 2024) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| Logix Life Sciences Private Limited | ₹19.48 Lakh (FY 2024) | •••• | •••• | 75.0% | •••• | Tuticorin, Tamil Nadu, India |
| 4Basecare Genomics Private Limited | ₹19.4 Lakh (FY 2024) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| Neethi Diagnostic Centre Private Limited | ₹19.39 Lakh (FY 2018) | •••• | •••• | •••• | Kollam, Kerala, India | |
| Lions 321 A2 Foundation | ₹19.33 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Indon Labs Pvt Ltd this company | ₹19.04 Lakh (FY 2016) | •••• | •••• | 89.0% | •••• | Mumbai, Maharashtra, India |
| Rx-Diagno Healthcare Private Limited | ₹18.92 Lakh (FY 2023) | •••• | •••• | -16.0% | •••• | Laheriasarai, Bihar, India |
| Microcosmos Imaging Systems Private Limited | ₹18.91 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Bioimmuno Labs Private Limited | ₹18.82 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Kolkata, West Bengal, India |
| Gitaansh Healthwise Private Limited | ₹18.71 Lakh (FY 2024) | •••• | •••• | 85.0% | •••• | Mumbai, Maharashtra, India |
| Xperiarad Solutions Private Limited | ₹18.67 Lakh (FY 2025) | •••• | •••• | 657.0% | •••• | Aluva, Kerala, India |
Peers are the five companies nearest above and the five nearest below Indon Labs by revenue in the Healthcare industry (Diagnostics and Pathology Labs), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Indon Labs Pvt Ltd
Indon Labs Pvt Ltd is audited by J K SHAH & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J K SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Indon Labs Pvt Ltd
Indon Labs has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Sumatilal Shah Also directs: Indigo Jewellery Sales LLP, Clean Rays Diamonds LLP, Ami Diamond Private Limited and 4 more | Director | 13 Apr 2004 | 22 Years 5 Months | As last reported |
| Amish Vinodlal Shah Also directs: Indigo Jewellery Sales LLP, Clean Rays Diamonds LLP, Ami Diamond Private Limited and 4 more | Director | 13 Apr 2004 | 22 Years 5 Months | As last reported |
| Vinodlal Dhudalal Shah Also directs: Indigo Jewellery Sales LLP, Clean Rays Diamonds LLP, Ami Diamond Private Limited and 4 more | Director | 13 Apr 2004 | 22 Years 5 Months | As last reported |
Ownership and Shareholding of Indon Labs Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Indon Labs Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2005 | Union Bank of India - Lead Bank of Union Bank Consortium | ₹700 Cr | Satisfied |
| 11 Dec 1989 | Bank of Credit and Commerce International (Overseas) Limited | ₹25 Lakh | Satisfied |
| 30 Sep 1986 | Bank of Credit and Commerce International (Overseas) Limited | ₹55 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Indon Labs Pvt Ltd
Indon Labs Pvt Ltd has 4 court cases on record: 2 filed by Indon Labs, 2 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed by the company against Mehta Charity Trust | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax 5 Mumbai | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAN) | Filed by the company against Mehta Charity Trust Ors | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Indon Labs Pvt Ltd
Employment history and EPFO contributions of people linked to Indon Labs.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Indon Labs Pvt Ltd
Indon Labs Pvt Ltd has 11 board changes on record since 2004: 3 appointments and 8 cessations. The latest: Ghevarchand Sanghvi Raghunathmalji ceased to be Director on 06 Feb 2017.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indon Labs Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Indon Labs Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indon Labs Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Indon Labs Pvt Ltd
Indon Labs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indon Labs Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Indon Labs Pvt Ltd
Indon Labs has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Indon Labs was a private limited company based in Mumbai, Maharashtra, India. The company worked in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 19 December 1983 and is registered under CIN U85190MH1983PTC031600. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Indon Labs is U85190MH1983PTC031600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indon Labs had 3 directors:
- Manish Sumatilal Shah - Director
- Amish Vinodlal Shah - Director
- Vinodlal Dhudalal Shah - Director
Indon Labs was incorporated on 19 December 1983. It is registered with the Registrar of Companies, Mumbai.
The registered office of Indon Labs is at Mehta Mahal 3rd Flr 15 Mathew Rd, Mumbai, Maharashtra, India – 400004.
Indon Labs reported revenue of ₹19.04 Lakh for FY 2016 (up 89% YoY).
Indon Labs has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Indon Labs reported a net profit of ₹7.04 Lakh (net margin 37%) and EBITDA of ₹13.47 Lakh (EBITDA margin 70.7%) for FY 2016, as per its filed financial statements.
No. Indon Labs has 1 GST registration on record and it is cancelled or inactive.
Indon Labs operated in the healthcare industry, in the diagnostic centers and pathology labs segment.