About Iqvia RDS (India) Private Limited
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Iqvia RDS (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Quintiles Mauritius Holdings. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 21 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74909KA2002PTC107115. Its GSTIN is 29AAACQ0935H1ZG (Karnataka). The company holds 10 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹25.5 Cr and a paid-up capital of ₹2.38 Cr. It was formerly known as Quintiles Research (India) Private Limited. It is led by directors including Nilanjan Sinha and Gaurav Shankar Lal.
Its last annual general meeting (AGM) was held on 04 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Omega Embassy Techsquare Marathahalli – Sarjapur Outer Ring Road Kadubeesanahalli, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,342 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹347.29 Cr (net margin 10.4%) and EBITDA of ₹519.8 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.
The company has about 13,703 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IQVIA. As per MCA filings, the company has open charges of ₹50,000 and satisfied charges of ₹7.75 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2017. Its 3 peer companies in the Pharma industry (Contract Research), with the same principal business activity (scientific research and development) are compared by revenue, 1 larger and 2 smaller; the largest is Syngene International Limited with revenue of ₹3,714.2 Cr. The company has 20 MSME Form 1 returns on record between 2019 and 2024, listing 2,904 overdue payments to 101 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iqvia.com.
Company details
CIN history
Iqvia RDS (India) has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74909KA2002PTC107115, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74909KA2002PTC107115 | Current |
| U73100GJ2002PTC074076 | Previous |
| U73100KA2002PTC107115 | Previous |
| U73100KA2002PTC031247 | Previous |
Contact details
Iqvia RDS (India) Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressOmega Embassy Techsquare Marathahalli – Sarjapur Outer Ring Road Kadubeesanahalli, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Database Management & Solutions
- 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 Iqvia RDS (India) is professional, scientific and technical. In detail, this covers scientific research and development and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Iqvia RDS (India) Private Limited, buy the company report.
Financials of Iqvia RDS (India) Private Limited
FY 2025 filings availableIqvia RDS (India) Private Limited reported revenue of ₹3,342 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 6% growth in the latest year. EBITDA rose 9% 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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| EBITDA | ₹519.8 Cr | ||||
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| Net Profit (PAT) | ₹347.29 Cr | ||||
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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 | 15.6% | ||||
| Net Profit Margin | 10.4% | ||||
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To see the full financial statements and ratios of Iqvia RDS (India) Private Limited, buy the company report.
Board of directors of Iqvia RDS (India) Private Limited
Iqvia RDS (India) has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilanjan Sinha Also directs: Iqvia Analytics Services Private Limited | Director | 05 Jan 2017 | 9 Years 9 Months | Current |
| Gaurav Shankar Lal | Director | 09 Feb 2021 | 5 Years 8 Months | Current |
| Madhvi Shankar | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
| Vineet Kumar Bajpai | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
Peer comparison
Iqvia RDS (India) Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Contract Research), with the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Syngene International Limited | ₹3,714.2 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India | |||
| Iqvia RDS (India) Private Limitedthis company | ₹3,342 Cr (FY 2025) | ₹347.29 Cr | 10.4% | 6.0% | Bangalore, Karnataka, India | |
| Aragen Life Sciences Limited | ₹1,870.29 Cr (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Sai Life Sciences Limited | ₹1,731.35 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Iqvia RDS (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2024 | 100923819 | Citi Bank N.A. | ₹50,000 | Open | |
| 31 Jul 2017 | 100115252 | Citi Bank N.A. | ₹3.88 Cr | Satisfied | |
| 05 Apr 2017 | 100090746 | Citi Bank N.A. | ₹3.87 Cr | Satisfied |
To see the full charge records of Iqvia RDS (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Iqvia RDS (India) Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: IQVIA Inc Seller: Quintiles Transnational Corporation |
| Feb 2012 | Secondary share transfer | Undisclosed | Seller: Quintiles Mauritius Holdings Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Iqvia RDS (India) Private Limited has 9 court cases on record: 6 filed by Iqvia RDS (India), 3 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Covance India Pharmaceutical Services Private Limited and 4 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Ahmedabad and 2 others | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Assistant Commissioner (Refund) | Pending |
| High Court | Tax appeal | Filed against the company by The PR Commissioner of Income Tax and Another and 1 other | Disposed |
| High Court | Tax appeal | Filed against the company by The PR. Commissioner of Income-Tax and 1 other | Disposed |
To see the full case history of Iqvia RDS (India) 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
Iqvia RDS (India) Private Limited has 20 MSME Form 1 returns on record between 2019 and 2024, listing 2,904 overdue payments to 101 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 101)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Abacus Staffing & Services Private Limited | |||
| Codinglimits Private Limited | |||
| Maiora IT Services and Consulting Private Limited | |||
| Superior Document |
To see the full MSME payment records of Iqvia RDS (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Iqvia RDS (India) has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ0935H1ZG | Karnataka | Active | 01 Jul 2017 |
| 29AAACQ0935H2ZF | Karnataka | Active | 07 Jun 2024 |
| 24AAACQ0935H1ZQ | Gujarat | Active | 01 Jul 2017 |
| 27AAACQ0935H1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iqvia RDS (India) Private Limited, buy the company report.
Recent activity
Iqvia RDS (India) Private Limited has 21 board changes on record since 2009: 4 appointments and 17 cessations. The latest: Madhvi Shankar ceased to be Additional Director on 02 Apr 2025.
17 earlier events are in the company report.
News
Frequently asked questions
Iqvia RDS (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 21 November 2002 (24+ years old) and is registered under CIN U74909KA2002PTC107115.
Iqvia RDS (India) has 4 current directors:
- Nilanjan Sinha - Director
- Gaurav Shankar Lal - Director
- Madhvi Shankar - Director
- Vineet Kumar Bajpai - Director
The latest financial statements of Iqvia RDS (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iqvia RDS (India) is 29AAACQ0935H1ZG, registered in Karnataka. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACQ0935H2ZF (Karnataka), 24AAACQ0935H1ZQ (Gujarat), 27AAACQ0935H1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Iqvia RDS (India) is U74909KA2002PTC107115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iqvia RDS (India) has 9 court cases on record: 6 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Iqvia RDS (India) was incorporated on 21 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Iqvia RDS (India) has 2 deals on record (2 secondary share transfers); the latest was in March 2017.
The peers of Iqvia RDS (India) by revenue are Syngene International Limited, Aragen Life Sciences Limited, Sai Life Sciences Limited, all in the Pharma industry (Contract Research), with the same principal business activity (scientific research and development).
Madhvi Shankar ceased to be Additional Director on 02 Apr 2025. Vineet Kumar Bajpai ceased to be Additional Director on 02 Apr 2025. Madhvi Shankar was appointed as Director on 01 Jan 2025. Iqvia RDS (India) has 21 board changes on record in total.
Iqvia RDS (India) has 20 MSME Form 1 returns on record between 2019 and 2024, listing 2,904 overdue payments to 101 micro and small suppliers. The latest return was filed on 19 Apr 2024.
Iqvia RDS (India) can be reached through the website iqvia.com. Its registered office is in Bangalore, Karnataka, India.
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