About Irides Life Wellness Solutions Private Limited
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Irides Life Wellness Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the animal pharmaceuticals and healthcare segment of the pharmaceuticals sector. It was incorporated on 08 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2018PTC109308. Its GSTIN is 29AAECI7336J1Z6 (Karnataka).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹62 Lakh. It is led by directors including Tamil Alanzo Elangovan (Managing Director) and Nagarajan.
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 13 1st Main Road S M V Layout Thindlu, Bangalore, Karnataka, India – 560097.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.02 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹2.41 Cr (net margin -26.7%) and EBITDA of -₹2.13 Cr (EBITDA margin -23.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 33% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.66 Cr and satisfied charges of ₹99.5 Lakh on record.
For more details, the company can be reached via its website irides.in.
Company details
Contact details
Irides Life Wellness Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is irides.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address13 1st Main Road S M V Layout Thindlu, Bangalore, Karnataka, India – 560097
- IndustryPharma, Animal Pharmaceuticals & Healthcare
To see the full contact details of Irides Life Wellness Solutions 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 Irides Life Wellness Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Irides Life Wellness Solutions Private Limited, buy the company report.
Financials of Irides Life Wellness Solutions Private Limited
FY 2025 filings availableIrides Life Wellness Solutions Private Limited reported revenue of ₹9.02 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹9.02 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.41 Cr | ||||
| 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 | -23.6% | ||||
| Net Profit Margin | -26.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Irides Life Wellness Solutions Private Limited, buy the company report.
Board of directors of Irides Life Wellness Solutions Private Limited
Irides Life Wellness Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagarajan | Director | 01 Apr 2021 | 5 Years 7 Months | Current |
| Tamil Alanzo Elangovan Also directs: Govan Enterprises LLP, Dream Serve Network Strategic LLP, Irides Life Wellness Solutions Strategic LLP and 3 more | Managing Director | 02 Aug 2023 | 3 Years 3 Months | Current |
| Malamanonmani Also directs: Indsalus Biosolutions India Private Limited | Director | 01 Oct 2024 | 2 Years 1 Months | Current |
Peer comparison
Irides Life Wellness Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Animal Pharma), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sylon Bio Pharma Private Limited | ₹9.22 Cr (FY 2025) | 49.0% | Hyderabad, Telangana, India | |||
| Irides Life Wellness Solutions Private Limitedthis company | ₹9.02 Cr (FY 2025) | -₹2.41 Cr | -26.7% | -37.0% | 58 | Bangalore, Karnataka, India |
| Bionnar Health Care Private Limited | ₹8.97 Cr (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| Kepler Vet Mission Private Limited | ₹8.88 Cr (FY 2025) | -3.0% | Ahmedabad, Gujarat, India | |||
| Hatvet Pharma Private Limited | ₹8.73 Cr (FY 2025) | 24.0% | Meerut, Uttar Pradesh, India | |||
| Pharmacon Vet Private Limited | ₹8.71 Cr (FY 2025) | -20.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Irides Life Wellness Solutions Private Limited, buy the company report.
Auditor
Irides Life Wellness Solutions Private Limited is audited by M Ahmed & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M Ahmed & Associates | FY 2024 | 011810S |
Shareholding
The shareholding of Irides Life Wellness Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Irides Life Wellness Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2026 | 101347247 | Hdfc Bank Limited | ₹2.66 Cr | Open | |
| 30 Oct 2024 | 101030881 | Others | ₹75 Lakh | Satisfied | |
| 29 Dec 2023 | 100851200 | Others | ₹24.5 Lakh | Satisfied |
To see the full charge records of Irides Life Wellness Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Irides Life Wellness Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Irides Life Wellness Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Irides Life Wellness Solutions Private Limited has a workforce of 58 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 58 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Irides Life Wellness Solutions Private Limited, buy the company report.
GST
Irides Life Wellness Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI7336J1Z6 | Karnataka | Active | 19 Jul 2018 |
To see the full GST registrations and return filing status of Irides Life Wellness Solutions Private Limited, buy the company report.
Recent activity
Irides Life Wellness Solutions Private Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Saraswathy Elangovan ceased to be Director on 11 Jan 2025.
2 earlier events are in the company report.
Frequently asked questions
Irides Life Wellness Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in animal pharmaceuticals and healthcare, within the pharma industry. It was incorporated on 08 January 2018 (8+ years old) and is registered under CIN U51909KA2018PTC109308.
Irides Life Wellness Solutions has 3 current directors:
- Tamil Alanzo Elangovan - Managing Director
- Nagarajan - Director
- Malamanonmani - Director
The latest financial statements of Irides Life Wellness Solutions 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 2018 are in the company report.
The GSTIN of Irides Life Wellness Solutions is 29AAECI7336J1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Irides Life Wellness Solutions is U51909KA2018PTC109308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irides Life Wellness Solutions was incorporated on 08 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Irides Life Wellness Solutions by revenue are Sylon Bio Pharma Private Limited, Bionnar Health Care Private Limited, Kepler Vet Mission Private Limited, Hatvet Pharma Private Limited, Pharmacon Vet Private Limited, all in the Pharma industry (Animal Pharma), with the same principal business activity (wholesale trading).
Saraswathy Elangovan ceased to be Director on 11 Jan 2025. Malamanonmani was appointed as Director on 01 Oct 2024. Tamil Alanzo Elangovan was appointed as Managing Director on 02 Aug 2023. Irides Life Wellness Solutions has 6 board changes on record in total.
Irides Life Wellness Solutions can be reached through the website irides.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Irides Life Wellness Solutions is at 13 1st Main Road S M V Layout Thindlu, Bangalore, Karnataka, India – 560097.
Irides Life Wellness Solutions operates in the pharma industry, in the animal pharmaceuticals and healthcare segment.
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