MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0002126
Innovac Bioscience Private Limited - chemicals and materials in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.6 Cr
▼ 12% YoY
Net profit · FY 2025
₹3.25 Lakh
Net margin 2%
EBITDA · FY 2025
₹7.26 Lakh
EBITDA margin 4.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered
About Innovac Bioscience Private Limited
Data last updated:
Innovac Bioscience Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 29 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01403GJ2015PTC084621. Its GSTIN is 24AADCI9346K1Z9 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sauminkumar Rajnikant Patel and Raxitkumar Natvarlal Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B Tdt Megha Industrial Park, Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.6 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.25 Lakh (net margin 2%) and EBITDA of ₹7.26 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 29% over five years.
The company is associated with 1 brand: Innovac Bioscience. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Innovac Bioscience Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0002126). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovacbioscience.com.
Company details
CIN U01403GJ2015PTC084621
Registration Number 084621
Incorporation Date 29 September 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0002126
Key People
Sauminkumar Rajnikant Patel Director Raxitkumar Natvarlal Patel Director Mayank Jagdishbhai Patel Director Recognitions & Rankings of Innovac Bioscience
Contact details
Innovac Bioscience Private Limited's registered office is in Vadodara, Gujarat. Its website is innovacbioscience.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 60/2 Block No. 50/B Tdt Megha Industrial Park Lamdapura Man, Jusar, Vadodara, Gujarat, India – 391775
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
To see the full contact details of Innovac Bioscience Private Limited, buy the company report.
Comprehensive company report
Innovac Bioscience Private Limited - one report that includes everything
- 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
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Brands
Innovac Bioscience operates one associated brand: Innovac Bioscience. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and supplies agrochemicals, pesticides, and biotech products for farmers worldwide. | innovacbioscience.com |
Business activity
The main business activity of Innovac Bioscience is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| 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 |
To see the full business activity and turnover split of Innovac Bioscience Private Limited, buy the company report.
Financials of Innovac Bioscience Private Limited
FY 2025 filings availableInnovac Bioscience Private Limited reported revenue of ₹1.6 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹1.6 Cr ▼ 12%
Net profit · FY 2025
₹3.25 Lakh margin 2%
EBITDA · FY 2025
₹7.26 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 15%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 21%
5 years · compounded
▲ 30%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 13% 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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| Total Expenses | |||||
| EBITDA | ₹7.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.25 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Innovac Bioscience Private Limited, buy the company report.
Board of directors of Innovac Bioscience Private Limited
Innovac Bioscience has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sauminkumar Rajnikant Patel | Director | 29 Sep 2015 | 11 Years 1 Months | Current |
| Raxitkumar Natvarlal Patel | Director | 29 Sep 2015 | 11 Years 1 Months | Current |
| Mayank Jagdishbhai Patel | Director | 29 Sep 2015 | 11 Years 1 Months | Current |
Auditor
Innovac Bioscience Private Limited is audited by SNEHAL SHAH &ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNEHAL SHAH &ASSOCIATES | FY 2023 | 125204 |
Shareholding
The shareholding of Innovac Bioscience Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innovac Bioscience Private Limited, buy the company report.
Legal cases
Innovac Bioscience Private Limited has 4 court cases on record: 2 filed by Innovac Bioscience, 2 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Civil suit | Filed by the company against Swami Samarth Agro Biotech LLP | Pending |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed by the company against Rudabhai Ravjibhai Patel Proprietor Shri Chamunda Agro Center-Piludana | Pending |
| District court, Anand, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Anand, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Innovac Bioscience Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovac Bioscience Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovac Bioscience has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCI9346K1Z9 | Gujarat | Active | 01 Jul 2017 |
| 10AADCI9346K1ZI | Bihar | Active | 01 Oct 2024 |
To see the full GST registrations and return filing status of Innovac Bioscience Private Limited, buy the company report.
Recent activity
Innovac Bioscience Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Sarthak Govindbhai Patel ceased to be Director on 01 Nov 2022.
AGM
Innovac Bioscience Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovac Bioscience Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Sarthak Govindbhai Patel ceased to be Director.
Appointed
Mayank Jagdishbhai Patel was appointed as Director.
Appointed
Raxitkumar Natvarlal Patel was appointed as Director.
Appointed
Sauminkumar Rajnikant Patel was appointed as Director.
Incorporation
29 Sep 2015
Innovac Bioscience Private Limited was registered on 29 Sep 2015 with Roc Ahmedabad & aged 11 years 1 month as per MCA records.
Frequently asked questions
Innovac Bioscience is an active private limited company based in Vadodara, Gujarat, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 29 September 2015 (11+ years old) and is registered under CIN U01403GJ2015PTC084621.
Innovac Bioscience has 3 current directors:
- Sauminkumar Rajnikant Patel - Director
- Raxitkumar Natvarlal Patel - Director
- Mayank Jagdishbhai Patel - Director
The latest financial statements of Innovac Bioscience on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Innovac Bioscience is 24AADCI9346K1Z9, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 10AADCI9346K1ZI (Bihar).
The CIN (Corporate Identification Number) of Innovac Bioscience is U01403GJ2015PTC084621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovac Bioscience has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending.
Innovac Bioscience was incorporated on 29 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sarthak Govindbhai Patel ceased to be Director on 01 Nov 2022. Mayank Jagdishbhai Patel was appointed as Director on 29 Sep 2015. Raxitkumar Natvarlal Patel was appointed as Director on 29 Sep 2015. Innovac Bioscience has 4 board changes on record in total.
Yes, Innovac Bioscience is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0002126).
Innovac Bioscience can be reached through the website innovacbioscience.com. Its registered office is in Vadodara, Gujarat, India.
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