Micro Life Sciences Private Limited
About Micro Life Sciences Private Limited
Data last updated:
Micro Life Sciences Private Limited is a private limited company based in Vapi, Gujarat, India, a subsidiary of Bilakhia Holdings Private Limited. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 31 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24119GJ2006PTC048361. Its GSTIN is 24AAECM7181R1ZT (Gujarat). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹53.08 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Micro Life Sciences Limited and Micro Lifescience Limited. It is led by directors including Vivek Prafulbhai Shah (Whole-Time Director) and Pramodkumar Minocha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bilakia House Muktanand Marg Chala, Vapi, Gujarat, India – 396191.
As per the financials filed for FY 2025, the company reported a revenue of ₹566.14 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹729.36 Cr (net margin 128.8%) and EBITDA of ₹1,284.04 Cr (EBITDA margin 226.8%).
The company has about 618 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 2 brands: Myval and Meril. As per MCA filings, the company has open charges of ₹1,237 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 4 cases are pending. The company has 14 deals on record (10 funding rounds, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹2,893.89 Cr; the latest was in August 2025. The company has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 10 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Micro Life Sciences has undergone 2 name changes throughout its history. The company was previously known as Micro Life Sciences Limited, and Micro Lifescience Limited. The current legal name is Micro Life Sciences Private Limited.
| Company Name | Status |
|---|---|
| Micro Life Sciences Private Limited | Current |
| Micro Life Sciences Limited | Previous |
| Micro Lifescience Limited | Previous |
CIN history
Micro Life Sciences has one previous CIN (Corporate Identification Number): U24119GJ2006PLC048361. The current CIN is U24119GJ2006PTC048361, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24119GJ2006PTC048361 | Current |
| U24119GJ2006PLC048361 | Previous |
Contact details
Micro Life Sciences Private Limited's registered office is in Vapi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBilakia House Muktanand Marg Chala, Vapi, Gujarat, India – 396191
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Micro Life Sciences 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
Brands
Micro Life Sciences operates two associated brands: Myval and Meril. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a transcatheter aortic heart valve replacement system. | myval.com | |
| Developer of medical devices for surgeries and diagnosis | merillife.com |
Business activity
The main business activity of Micro Life Sciences is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Micro Life Sciences Private Limited, buy the company report.
Financials of Micro Life Sciences Private Limited
FY 2025 filings availableMicro Life Sciences Private Limited reported revenue of ₹566.14 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 40% in the latest year. EBITDA rose 91% in the latest 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 | ₹566.14 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,284.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹729.36 Cr | ||||
| 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 | 226.8% | ||||
| Net Profit Margin | 128.8% | ||||
| 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 Micro Life Sciences Private Limited, buy the company report.
Board of directors of Micro Life Sciences Private Limited
Micro Life Sciences has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Prafulbhai Shah | Whole-Time Director | 13 May 2021 | 5 Years 5 Months | Current |
| Pramodkumar Minocha Also directs: Meril Healthcare Private Limited, Meril Life Sciences India Private Limited, Meril Diagnostics Private Limited and 2 more | Whole-Time Director | 31 May 2006 | 20 Years 4 Months | Current |
| Narendra Ostawal Also directs: Nna Cre Properties LLP, Idfc First Bank Limited, Indiafirst Life Insurance Company Limited and 2 more | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
| Dinesh Saraf | Whole-Time Director | 01 Jan 2022 | 4 Years 9 Months | Current |
Auditor
Micro Life Sciences Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2025 | 117366W/W-100018 |
Shareholding
The shareholding of Micro Life Sciences Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Micro Life Sciences Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101128557 | Others | ₹250 Cr | Open | |
| 26 Mar 2025 | 101077022 | Hdfc Bank Limited | ₹188 Cr | Open | |
| 01 Jan 2025 | 101029756 | Hdfc Bank Limited | ₹389 Cr | Open | |
| 29 Jun 2024 | 100943815 | Others | ₹250 Cr | Open | |
| 24 Nov 2023 | 100822076 | Hdfc Bank Limited | ₹100 Cr | Open |
To see the full charge records of Micro Life Sciences Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Micro Life Sciences Private Limited has 14 deals on record (10 funding rounds, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹2,893.89 Cr; the latest was in August 2025.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Secondary share transfer | Undisclosed | Seller: Bilakhia Holdings Private Limited |
| Mar 2010 | Funding round | ₹10.02 Cr | Investors: Bilakhia Holdings Private Limited |
| Mar 2009 | Funding round | ₹1.82 Cr | Investors: Bilakhia Holdings Private Limited |
| Feb 2009 | Acquisition | ₹25 Cr | Buyer: Bilakhia Holdings Private Limited |
| Mar 2007 | Acquisition | ₹4.95 Cr | Buyer: Bilakhia Holdings Private Limited |
To see the full deal history of Micro Life Sciences Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Micro Life Sciences Private Limited has 5 court cases on record: 5 filed by Micro Life Sciences. 4 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 2 |
| District courts | 2 | 0 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Harshit Mahesh Agrawal Proprietor of Shri Maruti Enterprises | Pending |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 1 other | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Disposed |
To see the full case history of Micro 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.
Credit ratings & regulatory alerts
Micro Life Sciences Private Limited was last rated by Care on 09 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Sep 2022 |
To see the full credit ratings and regulatory alerts of Micro Life Sciences Private Limited, buy the company report.
MSME payment delays
Micro Life Sciences Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 10 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bombay Tools Supplying | |||
| an individual supplier | |||
| Databank Computer Services | |||
| an individual supplier |
To see the full MSME payment records of Micro Life Sciences Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Micro Life Sciences has 5 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Meril Healthcare Private Limited | U24230GJ2011PTC065022 | |
| Meril Life Sciences Private Limited | U24239GJ2007PTC051137 | |
| Meril Life Sciences India Private Limited | U33110GJ1999PTC060787 | |
| Meril Diagnostics Private Limited | U33110GJ2011PTC064994 | |
| Meril Endo Surgery Private Limited | U33110GJ2011PTC065366 |
To see the full group structure of Micro Life Sciences Private Limited, buy the company report.
Employees & EPFO
Micro Life Sciences Private Limited has a workforce of 618 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Micro Life Sciences has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM7181R1ZT | Gujarat | Active | 20 Jan 2022 |
| 24AAECM7181R2ZS | Gujarat | Active | 04 Aug 2023 |
| 29AAECM7181R1ZJ | Karnataka | Active | 06 Dec 2022 |
| 09AAECM7181R1ZL | Uttar Pradesh | Active | 05 Jan 2023 |
To see the full GST registrations and return filing status of Micro Life Sciences Private Limited, buy the company report.
Recent activity
Micro Life Sciences Private Limited has 13 board changes on record since 2006: 4 appointments and 9 cessations. The latest: Narendra Ostawal ceased to be Additional Director on 03 Sep 2024.
12 earlier events are in the company report.
Frequently asked questions
Micro Life Sciences is an active private limited company based in Vapi, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 31 May 2006 (20+ years old) and is registered under CIN U24119GJ2006PTC048361.
Micro Life Sciences has 4 current directors:
- Vivek Prafulbhai Shah - Whole-Time Director
- Pramodkumar Minocha - Whole-Time Director
- Dinesh Saraf - Whole-Time Director
- Narendra Ostawal - Director
The latest financial statements of Micro Life Sciences on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Micro Life Sciences is 24AAECM7181R1ZT, registered in Gujarat. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 24AAECM7181R2ZS (Gujarat), 29AAECM7181R1ZJ (Karnataka), 09AAECM7181R1ZL (Uttar Pradesh).
The CIN (Corporate Identification Number) of Micro Life Sciences is U24119GJ2006PTC048361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micro Life Sciences has 5 court cases on record: 5 filed by the company. 4 are pending. Most are in the high courts.
Micro Life Sciences was incorporated on 31 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Micro Life Sciences has 14 deals on record (10 funding rounds, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹2,893.89 Cr; the latest was in August 2025.
Narendra Ostawal ceased to be Additional Director on 03 Sep 2024. Narendra Ostawal was appointed as Director on 15 Feb 2024. Prashant Arunkumar Mehta ceased to be Company Secretary on 15 Nov 2023. Micro Life Sciences has 13 board changes on record in total.
Micro Life Sciences has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 10 overdue payments to 4 micro and small suppliers. The latest return was filed on 06 Dec 2023.
The registered office of Micro Life Sciences is at Bilakia House Muktanand Marg Chala, Vapi, Gujarat, India – 396191.