Iodate Laboratories Private Limited
About Iodate Laboratories Private Limited
Data last updated:
Iodate Laboratories Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 24 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2017PTC096492. Its GSTIN is 24AAECI4397K1Z7 (Gujarat).
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.15 Cr. It is led by directors Vaibhavi Ravi Thakker and Neelam Subhash Ghelani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Room No – 6 Second Floor Manek Avenue Nr. Memnagar Bus Stop, Ahmedabad, Gujarat, India – 380052.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.92 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹7.38 Lakh (net margin -1.9%) and EBITDA of ₹14.86 Lakh (EBITDA margin 3.8%).
As per MCA filings, the company has open charges of ₹4.4 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Iodate Laboratories Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressRoom No – 6 Second Floor Manek Avenue Nr. Memnagar Bus Stop, Ahmedabad, Gujarat, India – 380052
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Iodate Laboratories Private Limited, 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
Business activity
The main business activity of Iodate Laboratories 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 Iodate Laboratories Private Limited, buy the company report.
Financials of Iodate Laboratories Private Limited
FY 2020 filings availableIodate Laboratories Private Limited reported revenue of ₹3.92 Cr (down 73% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year. EBITDA fell 72% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹3.92 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹14.86 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹7.38 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.8% | |||
| Net Profit Margin | -1.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Iodate Laboratories Private Limited, buy the company report.
Board of directors of Iodate Laboratories Private Limited
Iodate Laboratories has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhavi Ravi Thakker | Director | 24 Mar 2017 | 9 Years 7 Months | Current |
| Neelam Subhash Ghelani | Director | 24 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Iodate Laboratories Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naturganic Ingredients Private Limited | ₹3.96 Cr (FY 2025) | -3.0% | Bangalore, Karnataka, India | |||
| Dr. Linnfield Laboratories Private Limited | ₹3.96 Cr (FY 2024) | 59.0% | Chandigarh, India | |||
| Iodate Laboratories Private Limitedthis company | ₹3.92 Cr (FY 2020) | -₹7.38 Lakh | -1.9% | -73.0% | Ahmedabad, Gujarat, India | |
| Abhinav Multichem Private Limited | ₹3.92 Cr (FY 2025) | 736.0% | Ahmedabad, Gujarat, India | |||
| Sanova Pharma Chem Private Limited | ₹3.9 Cr (FY 2018) | 1.0% | Hyderabad, Telangana, India | |||
| Rendercon Chem Private Limited | ₹3.9 Cr (FY 2025) | -10.0% | Hyderabad, Telangana, India | |||
| Rana Minchem India Private Limited | ₹3.9 Cr (FY 2024) | -12.0% | Parbatsar, Rajasthan, India |
To see the full peer comparison of Iodate Laboratories Private Limited, buy the company report.
Auditor
Iodate Laboratories Private Limited is audited by U M JINTANWALA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U M JINTANWALA & CO | FY 2020 | 104278W |
Shareholding
The shareholding of Iodate Laboratories Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Iodate Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2017 | 100133877 | Others | ₹4.4 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Iodate Laboratories Private Limited has 9 court cases on record: 5 filed by Iodate Laboratories, 4 filed against it. 5 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 4 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Mehta Medicare Pvt Ltd | Pending |
| High Court of Gujarat | Court case (SCR.A) | Filed by the company against State of Gujarat | Pending |
| District court, RAJKOT, Gujarat | Commercial matter | Filed against the company by Adani Farmafame Private Ltd . Authorised Director Rushabh Hareshbhai Adani | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by P. Dimension Enterprises - Kirtivadan Thakkar | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
To see the full case history of Iodate Laboratories 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 Iodate Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iodate Laboratories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECI4397K1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iodate Laboratories Private Limited, buy the company report.
Recent activity
Iodate Laboratories Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Neelam Subhash Ghelani was appointed as Director on 24 Mar 2017.
Frequently asked questions
Iodate Laboratories is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 24 March 2017 (9+ years old) and is registered under CIN U24100GJ2017PTC096492.
Iodate Laboratories has 2 current directors:
- Vaibhavi Ravi Thakker - Director
- Neelam Subhash Ghelani - Director
The latest financial statements of Iodate Laboratories on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Iodate Laboratories is 24AAECI4397K1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Iodate Laboratories is U24100GJ2017PTC096492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iodate Laboratories has 9 court cases on record: 5 filed by the company and 4 filed against it. 5 are pending. Most are in the district courts.
Iodate Laboratories was incorporated on 24 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Iodate Laboratories by revenue are Naturganic Ingredients Private Limited, Dr. Linnfield Laboratories Private Limited, Abhinav Multichem Private Limited, Sanova Pharma Chem Private Limited, Rendercon Chem Private Limited and 1 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Neelam Subhash Ghelani was appointed as Director on 24 Mar 2017. Vaibhavi Ravi Thakker was appointed as Director on 24 Mar 2017.
The registered office of Iodate Laboratories is at Room No – 6 Second Floor Manek Avenue Nr. Memnagar Bus Stop, Ahmedabad, Gujarat, India – 380052.
Iodate Laboratories operates in the chemicals and materials industry, in the industrial chemicals segment.