MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0115647
Leo Life Sciences Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.71 Cr
▲ 16% YoY
Net profit · FY 2025
₹31.52 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹88.84 Lakh
EBITDA margin 3.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.76 Cr
Satisfied ₹50 Lakh
Company age
23 yrs
Est. 2003
Employees · EPFO
142
Provident fund records
About Leo Life Sciences Private Limited
Data last updated:
Leo Life Sciences Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 21 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ2003PTC042646. Its GSTIN is 24AAACL9416G1ZN (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mehul Mahendra Shah (Managing Director) and Rina Mehul Shah (Whole-Time Director).
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 D – 1301 Sun Central Place Nr. Vakil Saheb Bridge S.P. Ring Road Ambali, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.71 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹31.52 Lakh (net margin 1.3%) and EBITDA of ₹88.84 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 13% over five years.
The company has about 142 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Leolife Sciences. As per MCA filings, the company has open charges of ₹2.76 Cr and satisfied charges of ₹50 Lakh on record. Court records list 6 cases involving the company, including 6 filed by the company.
Leo Life Sciences Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0115647). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website leolife.in.
Company details
CIN U24231GJ2003PTC042646
Registration Number 042646
Incorporation Date 21 July 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0115647
Key People
Mehul Mahendra Shah Managing Director Rina Mehul Shah Whole-Time Director Tushar Dwarkadas Ganatra Director Recognitions & Rankings of Leo Life Sciences
Contact details
Leo Life Sciences Private Limited's registered office is in Ahmedabad, Gujarat. Its website is leolife.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 1301 Sun Central Place Nr. Vakil Saheb Bridge S.P. Ring Road Ambali, Ahmedabad, Gujarat, India – 380058
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Leo Life Sciences Private Limited, buy the company report.
Comprehensive company report
Leo Life Sciences Private Limited - one report that includes everything
- 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
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Brands
Leo Life Sciences operates one associated brand: Leolife Sciences. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributes pharmaceutical products to healthcare providers and clients. | leolife.in |
Business activity
The main business activity of Leo Life Sciences is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Leo Life Sciences Private Limited, buy the company report.
Financials of Leo Life Sciences Private Limited
FY 2025 filings availableLeo Life Sciences Private Limited reported revenue of ₹23.71 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹23.71 Cr ▲ 16%
Net profit · FY 2025
₹31.52 Lakh margin 1.3%
EBITDA · FY 2025
₹88.84 Lakh margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 21%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 16%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 16% growth in the latest year. EBITDA rose 2% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹88.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.52 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Leo Life Sciences Private Limited, buy the company report.
Board of directors of Leo Life Sciences Private Limited
Leo Life Sciences has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Mahendra Shah Also directs: Stonevision Worldwide LLP, Meditek Decoratives LLP, Meditek Life Sciences Private Limited and 1 more | Managing Director | 21 Jul 2003 | 23 Years 3 Months | Current |
| Rina Mehul Shah | Whole-Time Director | 21 Jul 2003 | 23 Years 3 Months | Current |
| Tushar Dwarkadas Ganatra Also directs: Meditek Life Sciences Private Limited | Director | 16 Nov 2021 | 4 Years 11 Months | Current |
| Kushan Mehulbhai Shah | Director | 18 May 2016 | 10 Years 5 Months | Current |
Auditor
Leo Life Sciences Private Limited is audited by UMESH SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UMESH SHAH & ASSOCIATES | FY 2023 | 114563W |
Shareholding
The shareholding of Leo Life Sciences Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Leo Life Sciences Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.76 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2022 | 100603893 | Others | ₹25.69 Lakh | Open | |
| 17 Mar 2022 | 100547486 | Sidbi | ₹50 Lakh | Open | |
| 30 Apr 2008 | 10099976 | Others | ₹2 Cr | Open | |
| 15 May 2020 | 100339971 | Sidbi | ₹50 Lakh | Satisfied |
To see the full charge records of Leo Life Sciences Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Leo Life Sciences Private Limited has 6 court cases on record: 6 filed by Leo Life Sciences. All cases are disposed.
Total cases
6
Filed by the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. Vivekananda Drug Distributors. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. Purbanchal Drug Distributor | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S.Candid Drug Distributors | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. Gita Drug Distributors | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. Pyari Drug Distributors | Disposed |
To see the full case history of Leo Life Sciences 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
Leo Life Sciences Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 43 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Srishti Biotec | |||
| Zenith Drugs Limited | |||
| Talent Healthcare | |||
| Shape Pharma Private Limited | |||
| Globin Pharmaceuticals Private Limited |
To see the full MSME payment records of Leo Life Sciences Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Leo Life Sciences Private Limited has a workforce of 142 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
142
Active EPFO establishments
1
Employee growth
17.36%
GST
Leo Life Sciences has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACL9416G1ZN | Gujarat | Active | 01 Jul 2017 |
| 23AAACL9416G1ZP | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Leo Life Sciences Private Limited, buy the company report.
Recent activity
Leo Life Sciences Private Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Tushar Dwarkadas Ganatra ceased to be Additional Director on 29 Nov 2021.
AGM
Leo Life Sciences Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Leo Life Sciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 30 Apr 2008 with Charge ID 10099976 was modified on 02 Jul 2024.
Charges
A charge registered on 15 May 2020 via Charge ID 100339971 with Sidbi was fully satisfied on 10 May 2024.
Charges
A charge with Others amounted to Rs. 25.69 Lakh with Charge ID 100603893 was registered on 17 Aug 2022.
Charges
A charge with Sidbi amounted to Rs. 50.00 Lakh with Charge ID 100547486 was registered on 17 Mar 2022.
Ceased
Tushar Dwarkadas Ganatra ceased to be Additional Director.
Appointed
Tushar Dwarkadas Ganatra was appointed as Director.
Ceased
Mahendra Himmatlal Shah ceased to be Whole-Time Director.
Charges
A charge with Sidbi amounted to Rs. 50.00 Lakh with Charge ID 100339971 was registered on 15 May 2020.
Ceased
Kushan Mehulbhai Shah ceased to be Additional Director.
Appointed
Kushan Mehulbhai Shah was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Leo Life Sciences is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 21 July 2003 (23+ years old) and is registered under CIN U24231GJ2003PTC042646.
Leo Life Sciences has 4 current directors:
- Mehul Mahendra Shah - Managing Director
- Rina Mehul Shah - Whole-Time Director
- Tushar Dwarkadas Ganatra - Director
- Kushan Mehulbhai Shah - Director
The latest financial statements of Leo Life Sciences 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 2015 are in the company report.
The GSTIN of Leo Life Sciences is 24AAACL9416G1ZN, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAACL9416G1ZP (Madhya Pradesh).
The CIN (Corporate Identification Number) of Leo Life Sciences is U24231GJ2003PTC042646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Leo Life Sciences has 6 court cases on record: 6 filed by the company.
Leo Life Sciences was incorporated on 21 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Tushar Dwarkadas Ganatra ceased to be Additional Director on 29 Nov 2021. Tushar Dwarkadas Ganatra was appointed as Director on 16 Nov 2021. Mahendra Himmatlal Shah ceased to be Whole-Time Director on 01 Sep 2021. Leo Life Sciences has 8 board changes on record in total.
Yes, Leo Life Sciences is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0115647).
Leo Life Sciences has 8 MSME Form 1 returns on record between 2019 and 2023, listing 43 overdue payments to 15 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Leo Life Sciences can be reached through the website leolife.in. Its registered office is in Ahmedabad, Gujarat, India.
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