Innovcare Lifesciences Private Limited - Company Profile

It is a pharma private limited company based in Mumbai, Maharashtra, India, established in 2014.

2014 Mumbai, Maharashtra, India Active

Last Updated: February 17, 2026

About Innovcare Lifesciences Private Limited

Innovcare Lifesciences Private Limited, a active private limited company, was established on 21 July 2014 in Mumbai, Maharashtra, India. Engaging in pharmaceutical retailers & distributors within the trade sector, it holds CIN: U74999MH2014PTC256233. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹16.66 Cr and a paid-up capital of ₹14.91 Cr.

It upholds a compliant status. Employing 603 professional, Its leadership includes Dipin Khemkaran Varma (Director), Sakshi Vijay Chopra (Nominee Director), Lalit Kumar Wadhawan (Managing Director). Past directors included Poonam Lalitkumar Wadhwan, Siddharth Vaidya, Chandan Prabhakar Rajmane. It holds ₹19.50 Cr open charges and ₹10.50 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Office No. 802, Vikas Centre, Dr. C Gidwani Road, Chembur,, Mumbai, Maharashtra, 400074.

Company Details

CIN/LLPIN
U74999MH2014PTC256233
Registration Number
256233
Incorporation Date
21 July 2014
Authorized Capital
₹16.66 Cr
Paid-Up Capital
₹14.91 Cr
ROC Code
Roc Mumbai I
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 16.66 Cr as on 17-02-2026
Paid Up Capital ₹ 14.91 Cr as on 17-02-2026
Company Age 11 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 19.50 Cr as on 17-02-2026
Satisfied Charges ₹ 10.50 Cr as on 17-02-2026
Revenue Growth **** 6.57% (FY 2025)
Profit Growth **** -138.84% (FY 2025)
Ebitda **** -118.19% (FY 2025)
Net Worth -10.76% (FY 2025)
Total Assets **** 17.48% (FY 2025)

Comprehensive Company Insights

Explore comprehensive insights into Innovcare Lifesciences Private Limited — 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 Innovcare Lifesciences Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Dipin Khemkaran Varma	Director	13 Aug 2014	Current
Sakshi Vijay Chopra	Nominee Director	12 Oct 2018	Current
Lalit Kumar Wadhawan	Managing Director	21 Jul 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	22 Sep 2015	Past
Pramod Abcsdd	Additional Director	03 Sep 2019	Past
Pramod Abcsdd	Director	27 Feb 2020	Past
Pramod Abcsdd	Director	01 Sep 2014	Past
Pramod Abcsdd	Nominee Director	11 Sep 2018	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Innovcare Lifesciences.

Innovcare Lifesciences Private Limited, for the financial year ended 2025, experienced modest growth in revenue, with a 6.57% increase. The company also saw a substantial fall in profitability, with a 138.84% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.76%.

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

********

6.57%

*******

Revenue from Operations

*******

6.38%

*******

Total Assets

*******

17.48%

*******

Profit or Loss

*******

-138.84%

*******

Net Worth

*******

-10.76%

*******

EBITDA

*******

-118.19%

*******

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What is the Ownership and Shareholding Structure of Innovcare Lifesciences?

In 2024, Innovcare Lifesciences had a promoter holding of 100.00%. 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

₹195,000,000.00

Satisfied Charges

₹105,000,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 12.00 Cr
Others : 7.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
06 Sep 2023	Others	₹7.00 Cr	Open
28 Feb 2023	Axis Bank Limited	₹1.00 Cr	Open
09 Jan 2023	Others	₹5.00 M	Open
24 Jul 2017	Axis Bank Limited	₹11.00 Cr	Open
04 Oct 2022	Others	₹1.50 Cr	Satisfied

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How Many Employees Work at Innovcare Lifesciences?

Innovcare Lifesciences has a workforce of 603 employees as of Feb 17, 2026. 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 Innovcare Lifesciences, 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 Innovcare Lifesciences's trajectory.

Rating

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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 Innovcare Lifesciences

Recent Activity within the Organization

Annual General Meeting

The activity Innovcare Lifesciences Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Charges

A charge registered on 04 Oct 2022 via Charge ID 100686679 with Others was fully satisfied on 09 May 2025. was recorded as a recent event.
09 May 2025
Balance Sheet

Innovcare Lifesciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge with Axis Bank Limited of Rs. 11.00 Cr registered on 24 Jul 2017 with Charge ID 100117649 was modified on 12 Mar 2025. was documented.
12 Mar 2025
Charges

A charge registered on 27 Jul 2021 via Charge ID 100474762 with Others was fully satisfied on 17 Apr 2024. was recorded as a recent event.
17 Apr 2024
Charges

Progress on A charge with Others of Rs. 7.00 Cr registered on 06 Sep 2023 with Charge ID 100786090 was modified on 01 Feb 2024. was documented.
01 Feb 2024

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