About Mylab Discovery Solutions Private Limited
Data last updated: 09 February 2026
Mylab Discovery Solutions Private Limited is a private limited company based in Lonawala, Maharashtra, India, recognised as a startup by DPIIT. It specialises in biotechnology, a part of the broader life sciences sector. Incorporated on 31 May 2016, the company has been in operation for over 10 years.
Registered with ROC Pune under CIN U74999PN2016PTC164780.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.01 Cr. It is led by directors including Sujit Sohanlal Jain and Rahul Subhash Patil.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Plot No 99 – B Lonavala Industrial Co – Operative Estate Ltd Nangargaon, Lonawala, Maharashtra, India – 410401.
As per the financials filed for FY 2024, the company reported a revenue of ₹153.08 Cr, a growth of 23% compared to the previous year.
The company has a workforce of approximately 437 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands - Natspert, Coviself, Mylab. As per MCA filings, the company has open charges of ₹213.53 Cr and satisfied charges of ₹57.5 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 mylabdiscoverysolutions.com.
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Registered AddressPlot No 99 – B Lonavala Industrial Co – Operative Estate Ltd Nangargaon, Lonawala, Maharashtra, India – 410401
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IndustryLife Sciences, Biotechnology
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Mylab Discovery Solutions Private Limited
Mylab Discovery Solutions Private Limited operates multiple associated brands including NATSpert, Coviself, and Mylab. These brands represent Mylab Discovery Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Develops diagnostic tests for clinical infections, cancer, agriculture, and DNA purification. | natspert.com | |
| Delivers comprehensive home-based diagnostic test kits for COVID-19. | coviself.com | |
| Developer of diagnostic kits for pathogen detection and viral load monitoring | mylabglobal.com |
Competitors & Alternatives of Mylab Discovery Solutions Private Limited
Brands and companies operating in the same space as Mylab Discovery Solutions Private Limited include Natera, Inflammatix, MeMed and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Natera
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Developer of cell-free DNA testing for oncology, women’s health, and organ health | Redwood City, United States, United States | 2004 |
Inflammatix
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Provider of diagnostic solutions for systemic infections | San Francisco, United States, United States | 2016 |
MeMed
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Provider of machine learning based diagnostic solutions for infectious diseases | Tirat Carmel, Israel, Israel | 2009 |
ImaginAb
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ImaginAb is focused on developing advanced immuno-oncology imaging technologies. | Los Angeles, United States, United States | 2007 |
GenMark Diagnostics
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Instruments and test panels for multiplexed molecular diagnostics are provided. | San Diego, United States, United States | 1993 |
Lantern Pharma
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Drug and companion diagnostics for multi-drug resistant cancers are developed. | Dallas, United States, United States | 2013 |
ArcherDX
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Molecular cancer diagnostic products are developed using patented AMP technology. | Boulder, United States, United States | 2013 |
Sunbird Bio
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Diagnostic technologies for infectious, cancer, and neurological diseases are developed. | Singapore | 2020 |
Variantyx
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Genomics data analysis platform for healthcare diagnostics is offered. | Boston, United States, United States | 2014 |
Souzhou Ribo Life Science
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Nucleic acid drugs are developed via RNA interference technology. | Suzhou, China, China | 2007 |
Business Activity of Mylab Discovery Solutions Private Limited
Mylab Discovery Solutions Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Mylab Discovery Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Mylab Discovery Solutions Private Limited
Mylab Discovery Solutions Private Limited is audited by V.T. & Associates for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.T. & Associates | Locked | Locked | Locked |
Complete auditor history for Mylab Discovery Solutions Private Limited
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Board of Directors of Mylab Discovery Solutions Private Limited
Mylab Discovery Solutions Private Limited is currently managed by 6 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Mylab Discovery Solutions Private Limited FY 2024 filings available
Mylab Discovery Solutions Private Limited reported revenue of ₹153.08 Cr (up 23.00% YoY) for FY 2024.
Ten-year financial statements for Mylab Discovery Solutions Private Limited
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Ownership and Shareholding of Mylab Discovery Solutions Private Limited
Shareholding and ownership data for Mylab Discovery Solutions Private Limited
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Group Structure of Mylab Discovery Solutions Private Limited
Mylab Discovery Solutions Private Limited has 2 subsidiary companies. This group structure data is as of FY 2022. The corporate group structure reflects Mylab Discovery Solutions Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Sanskritech Smart Solutions Private Limited | U74999MH2018PTC310653 | Locked |
| Lipomic Medical Private Limited | U85100PN2013PTC148364 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Mylab Discovery Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2025 | Indian Bank | ₹5.8 Cr | Open |
| 28 Aug 2023 | Idbi Bank Limited | ₹14 Cr | Open |
| 29 May 2023 | Axis Bank Limited | ₹59 Cr | Open |
| 20 Apr 2023 | Others | ₹53 Lakh | Open |
| 28 Feb 2023 | Others | ₹15 Cr | Open |
Total charge records: 16 View all charges
Employees and EPFO Compliance at Mylab Discovery Solutions Private Limited
Mylab Discovery Solutions Private Limited has a workforce of 437 employees as of Apr 05, 2024.
Employee and EPFO history for Mylab Discovery Solutions Private Limited
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GST Compliance of Mylab Discovery Solutions Private Limited
GST registrations and filing compliance for Mylab Discovery Solutions Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mylab Discovery Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Mylab Discovery Solutions Private Limited
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MSME Payment Delays by Mylab Discovery Solutions Private Limited
MSME payment history for Mylab Discovery Solutions Private Limited
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Subsidiaries & Group Companies of Mylab Discovery Solutions Private Limited
Corporate group structure for Mylab Discovery Solutions Private Limited
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MCA Filings & Documents of Mylab Discovery Solutions Private Limited
MCA filings and documents for Mylab Discovery Solutions Private Limited
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Recent Activity on Mylab Discovery Solutions Private Limited
Recent News on Mylab Discovery Solutions Private Limited
Frequently Asked Questions about Mylab Discovery Solutions Private Limited
Mylab Discovery Solutions Private Limited is an active private limited company in the life sciences sector based in Lonawala, Maharashtra, India. It was incorporated on 31 May 2016 (10+ years old) and is registered under CIN U74999PN2016PTC164780. The company has 437 employees.
Mylab Discovery Solutions Private Limited reported revenue of ₹153.08 Cr for FY 2024 (up 23.00% YoY).
The current directors of Mylab Discovery Solutions Private Limited are:
- Sujit Sohanlal Jain - Director
- Rahul Subhash Patil - Director
- Gautam Ravishekhar Wankhede - Director
- Shrikant Gopichand Patole - Director
- Hasmukh Sohanraj Rawal - Managing Director
- Shailendra Balasaheb Kawade - Director
The primary industry of Mylab Discovery Solutions Private Limited is life sciences. The company specifically operates in biotechnology. The company is currently active in this sector.
Yes, Mylab Discovery Solutions Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mylab Discovery Solutions Private Limited can be reached at the registered office: Plot No 99 – B Lonavala Industrial Co – Operative Estate Ltd Nangargaon, Lonawala, Maharashtra, India – 410401, or through the website mylabdiscoverysolutions.com.