About Shivek Labs Limited
Data last updated:
Shivek Labs Limited is a public limited company based in Chandigarh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the pharmaceutical packaging solutions segment of the packaging sector. It was incorporated on 10 February 2003.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24232CH2003PLC025785. Its GSTIN is 02AAICS3945H1ZE (Himachal Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.86 Cr. It is led by directors including Suman Guglani and Sunil Guglani.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at # 104 Industrial Area Phase I Chandigarh, Chandigarh, India – 160001.
As per the financials filed for FY 2017, the company reported a revenue of ₹21.54 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹63.5 Cr (net margin -294.8%) and EBITDA of -₹57.29 Cr (EBITDA margin -265.9%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
The company is associated with 1 brand: Shiveklabs. As per MCA filings, the company has open charges of ₹420.5 Cr and satisfied charges of ₹12 Cr on record. Court records list 107 cases involving the company, including 21 filed by the company and 86 filed against it; 11 cases are pending.
The last known website on record is shiveklabs.com.
Company details
CIN history
Shivek Labs has one previous CIN (Corporate Identification Number): L24232CH2003PLC025785. The current CIN is U24232CH2003PLC025785, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24232CH2003PLC025785 | Current |
| L24232CH2003PLC025785 | Previous |
Contact details
Shivek Labs Limited's registered office is in Chandigarh, Chandigarh.
- Registered Address# 104 Industrial Area Phase I Chandigarh, Chandigarh, India – 160001
- IndustryPackaging, Pharmaceutical Packaging 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
Brands
Shivek Labs operates one associated brand: Shiveklabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shiveklabs was founded in 2008 with domain shiveklabs.com. | shiveklabs.com |
Business activity
The main business activity of Shivek Labs is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Shivek Labs Limited, buy the company report.
Financials of Shivek Labs Limited
FY 2017 filings availableShivek Labs Limited reported revenue of ₹21.54 Cr (down 53% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over three years, including a 53% fall in the latest year. EBITDA fell 187% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹57.29 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹63.5 Cr | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -265.9% | ||
| Net Profit Margin | -294.8% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Shivek Labs Limited, buy the company report.
Board of directors of Shivek Labs Limited
Shivek Labs has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Guglani | Director | 11 Apr 2006 | 20 Years 6 Months | As last reported |
| Sunil Guglani | Director | 11 Apr 2006 | 20 Years 6 Months | As last reported |
| Suhail Guglani | Director | 10 Apr 2006 | 20 Years 6 Months | As last reported |
Peer comparison
Shivek Labs Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Formulations, Pharma Packaging), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jayanth Life Sciences Private Limited | ₹21.83 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Trikona Pharmaceuticals Private Limited | ₹21.77 Cr (FY 2025) | 14.0% | Hyderabad, Telangana, India | |||
| Shivek Labs Limitedthis company | ₹21.54 Cr (FY 2017) | -₹63.5 Cr | -294.8% | -53.0% | Chandigarh, India | |
| Oxpro Pharma Private Limited | ₹21.48 Cr (FY 2022) | 49.0% | Ranchi, Jharkhand, India | |||
| Sunrise International Labs Limited | ₹21.39 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India | |||
| Ce-Chem Pharmaceuticals Private Limited | ₹21.36 Cr (FY 2025) | 53.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Shivek Labs Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2014 | 10515866 | Canara Bank | ₹20 Lakh | Open | |
| 05 Feb 2014 | 10478821 | Idbi Bank Limited | ₹7.5 Cr | Open | |
| 26 Jul 2013 | 10449520 | Punjab National Bank | ₹114.2 Cr | Open | |
| 03 Jan 2013 | 10397089 | Intec Capital Limited | ₹75 Lakh | Open | |
| 26 Oct 2012 | 10393166 | Punjab National Bank (Lead Bank) | ₹64 Cr | Open |
To see the full charge records of Shivek Labs Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Shivek Labs Limited has 107 court cases on record: 21 filed by Shivek Labs, 86 filed against it. 11 cases are pending and 96 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 82 | 67 | 8 |
| High courts | 24 | 18 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 107)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Advanced Enzyme Technologies Limited Through Sanjay P. Basantani | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by M/S. Time Technoplast Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Scope Ingredients Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S Time Technoplast Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by M/S. Time Technoplast Ltd | Disposed |
To see the full case history of Shivek Labs 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
No delayed payments to MSME suppliers are on our record for Shivek Labs Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shivek Labs has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAICS3945H1ZE | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivek Labs Limited, buy the company report.
Recent activity
Shivek Labs Limited has 3 board changes on record since 2006: 3 appointments. The latest: Suman Guglani was appointed as Director on 11 Apr 2006.
22 earlier events are in the company report.
Frequently asked questions
Shivek Labs is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Shivek Labs is a company under liquidation, formerly operating as a public limited company based in Chandigarh, India. The company works in pharmaceutical packaging solutions, within the packaging industry. It was incorporated on 10 February 2003 and is registered under CIN U24232CH2003PLC025785. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shivek Labs has 3 current directors:
- Suman Guglani - Director
- Sunil Guglani - Director
- Suhail Guglani - Director
The latest financial statements of Shivek Labs on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shivek Labs is U24232CH2003PLC025785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivek Labs has open charges of ₹420.5 Cr and satisfied charges of ₹12 Cr as per latest MCA filings.
Shivek Labs has 107 court cases on record: 21 filed by the company and 86 filed against it. 11 are pending. Most are in the district courts.
Shivek Labs was incorporated on 10 February 2003. It is registered with the Registrar of Companies, Chandigarh.
The peers of Shivek Labs by revenue are Jayanth Life Sciences Private Limited, Trikona Pharmaceuticals Private Limited, Oxpro Pharma Private Limited, Sunrise International Labs Limited, Ce-Chem Pharmaceuticals Private Limited, all in the Packaging industry (Formulations, Pharma Packaging), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Suman Guglani was appointed as Director on 11 Apr 2006. Sunil Guglani was appointed as Director on 11 Apr 2006. Suhail Guglani was appointed as Director on 10 Apr 2006.
Shivek Labs can be reached through the website shiveklabs.com. Its registered office is in Chandigarh, India.