About Iris Life Solutions Private Limited
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Iris Life 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 17 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24235KA2007PTC043386. Its GSTIN is 29AABCI7154F1ZI (Karnataka).
The company has an authorised share capital of ₹1.9 Cr and a paid-up capital of ₹1.7 Cr. It is led by directors including Saraswathy Elangovan (Managing Director) and Tamil Alanzo Elangovan.
Its last annual general meeting (AGM) was held on 14 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.93 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹25.63 Lakh (net margin 0.7%) and EBITDA of ₹1.56 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 15% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irislifesolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 9 Ground Floor, 1st Cross Sneha Nagar, Bangalore, Karnataka, India – 560092
- IndustryPharma, Animal Pharmaceuticals & Healthcare
- 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
- One PDF report, delivered after checkout
Business Activity of Iris Life Solutions Private Limited
The main business activity of Iris Life Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Iris Life Solutions Private Limited FY 2024 filings available
Iris Life Solutions Private Limited reported revenue of ₹36.93 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Iris Life Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 12% growth in the latest year. EBITDA rose 128% 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 of Iris Life Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹36.93 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.63 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 of Iris Life Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Iris Life Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Iris Life Solutions Private Limited
Iris Life Solutions Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Animal Pharma). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siflon Drugs and Pharmaceuticals Private Limited | ₹40.38 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Hyderabad, Telangana, India |
| Crescent Labs Private Limited | ₹38.2 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Unim Pharmalab Ltd | ₹38.07 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Himatnagar, Gujarat, India |
| Pai Veterinary Products Private Limited | ₹38.02 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Ambernath, Maharashtra, India |
| Veko Care Private Limited | ₹37.39 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Pune, Maharashtra, India |
| Iris Life Solutions Private Limited this company | ₹36.93 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Nam Group of Industries Private Limited | ₹36.7 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Stanex Drugs and Chemicals Private Limited | ₹36.54 Cr (FY 2024) | •••• | •••• | -47.0% | •••• | Hyderabad, Telangana, India |
| Vetrina Healthcare Private Limited | ₹35.8 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Pune, Maharashtra, India |
| Vetindia Pharmaceuticals Limited | ₹35.78 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Telangana, India |
| Chhattisgarh Agrovet Private Limited | ₹33.78 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Raigarh, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Iris Life Solutions by revenue in the Pharma industry (Animal Pharma), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Iris Life Solutions Private Limited
Iris Life Solutions Private Limited is audited by MOIEZ V O AHMED for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOIEZ V O AHMED | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Iris Life Solutions Private Limited
Iris Life Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saraswathy Elangovan Also directs: Dream Serve Network Strategic LLP, Irides Life Wellness Solutions Strategic LLP, Timo Eva Wellness Strategic LLP and 3 more | Managing Director | 17 Jul 2007 | 19 Years 2 Months | Current |
| Tamil Alanzo Elangovan Also directs: Dream Serve Network Strategic LLP, Irides Life Wellness Solutions Strategic LLP, Timo Eva Wellness Strategic LLP and 3 more | Director | 31 Jul 2024 | 2 Years 2 Months | Current |
| Ranjith Shetty | Additional Director | 04 Dec 2024 | 1 Years 10 Months | Current |
Ownership and Shareholding of Iris Life Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Iris Life Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2022 | Others | ₹3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Iris Life Solutions Private Limited
Iris Life Solutions Private Limited has a workforce of 19 employees as of Dec 18, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Iris Life Solutions Private Limited
Iris Life Solutions Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Ranjith Shetty was appointed as Additional Director on 04 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for Iris Life Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Iris Life Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Iris Life Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Iris Life Solutions Private Limited
Iris Life Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI7154F1ZI | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Iris Life Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Iris Life Solutions Private Limited
Iris Life 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 17 July 2007 (19+ years old) and is registered under CIN U24235KA2007PTC043386.
Iris Life Solutions reported revenue of ₹36.93 Cr for FY 2024 (up 12% YoY).
Iris Life Solutions has 3 current directors:
- Saraswathy Elangovan - Managing Director
- Tamil Alanzo Elangovan - Director
- Ranjith Shetty - Additional Director
Iris Life Solutions reported a net profit of ₹25.63 Lakh (net margin 0.7%) and EBITDA of ₹1.56 Cr (EBITDA margin 4.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iris Life Solutions is 11% over three years and 15% over five years. In the latest year (FY 2024) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Iris Life Solutions is 29AABCI7154F1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Iris Life Solutions is U24235KA2007PTC043386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iris Life Solutions was incorporated on 17 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Iris Life Solutions by revenue are Siflon Drugs and Pharmaceuticals Private Limited, Crescent Labs Private Limited, Unim Pharmalab Ltd, Pai Veterinary Products Private Limited, Veko Care Private Limited and 5 more, all in the Pharma industry (Animal Pharma).
Ranjith Shetty was appointed as Additional Director on 04 Dec 2024. Sujatha Jayavelu ceased to be Director on 17 Aug 2024. Tamil Alanzo Elangovan ceased to be Additional Director on 13 Aug 2024. Iris Life Solutions has 7 board changes on record in total.
Iris Life Solutions can be reached through the website irislifesolutions.com. Its registered office is in Bangalore, Karnataka, India.