MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0154543
Nascent Lifescience Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.21 Lakh
▼ 84% YoY
Net profit · FY 2024
₹36,694
Net margin 0.9%
EBITDA · FY 2024
₹4.88 Lakh
EBITDA margin 11.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.1 Lakh
Issued & subscribed
Open charges
₹40 Lakh
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Nascent Lifescience Private Limited
Data last updated:
Nascent Lifescience 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 14 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2010PTC062297. Its GSTIN is 24AADCN4167F1ZM (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.1 Lakh. It was formerly known as Nestent Pharmaceuticals Private Limited. It is led by directors Sureshkumar Chandubhai Vekariya and Nikunj Chandulal Vekariya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 147 Pushp Industrial Park Near Shital Cinema Rajpur Mill Compound Rakhial, Ahmedabad, Gujarat, India – 380023.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.21 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹36,694 (net margin 0.9%) and EBITDA of ₹4.88 Lakh (EBITDA margin 11.8%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 14% over five years.
The company is associated with 1 brand: Nascent Lifescience. As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 12 cases involving the company, including 12 filed against it; 6 cases are pending.
Nascent Lifescience Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0154543). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nascentlifescience.com.
Company details
CIN U24230GJ2010PTC062297
Registration Number 062297
Incorporation Date 14 September 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0154543
Key People
Sureshkumar Chandubhai Vekariya Additional Director Nikunj Chandulal Vekariya Additional Director Recognitions & Rankings of Nascent Lifescience
Contact details
Nascent Lifescience Private Limited's registered office is in Ahmedabad, Gujarat. Its website is nascentlifescience.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 147 Pushp Industrial Park Near Shital Cinema Rajpur Mill Compound Rakhial, Ahmedabad, Gujarat, India – 380023
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Nascent Lifescience Private Limited, buy the company report.
Comprehensive company report
Nascent Lifescience 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
Nascent Lifescience operates one associated brand: Nascent Lifescience. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engages in production, marketing, and distribution of pharmaceutical formulations worldwide. | nascentlifescience.com |
Business activity
The main business activity of Nascent Lifescience is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nascent Lifescience Private Limited, buy the company report.
Financials of Nascent Lifescience Private Limited
FY 2024 filings availableNascent Lifescience Private Limited reported revenue of ₹41.21 Lakh (down 84% YoY) for FY 2024.
Revenue · FY 2024
₹41.21 Lakh ▼ 84%
Net profit · FY 2024
₹36,694 margin 0.9%
EBITDA · FY 2024
₹4.88 Lakh margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 63%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 27%
5 years · compounded
▼ 14%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 84% fall in the latest year. EBITDA fell 55% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹41.21 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36,694 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nascent Lifescience Private Limited, buy the company report.
Board of directors of Nascent Lifescience Private Limited
Nascent Lifescience has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureshkumar Chandubhai Vekariya | Additional Director | 18 Feb 2013 | 13 Years 8 Months | Current |
| Nikunj Chandulal Vekariya | Additional Director | 18 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Nascent Lifescience Private Limited is audited by MONIL R. SHAH & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MONIL R. SHAH & ASSOCIATES | FY 2024 | 148778 |
Shareholding
The shareholding of Nascent Lifescience 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nascent Lifescience Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2014 | 10539759 | Canara Bank | ₹40 Lakh | Open |
To see the full charge records of Nascent Lifescience Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Nascent Lifescience Private Limited has 12 court cases on record: 12 filed against it. 6 cases are pending and 6 are disposed.
Total cases
12
Filed against the company
12
Pending
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 6 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S. Kalpdrum Enterprises A Partnership Firm | Pending |
| District court, Sirmaur, Himachal Pradesh | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Nagpur, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtra | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Accretion Pharmaceutical | Pending |
| District court, Solan, Himachal Pradesh | Cheque dishonour complaint | Filed against the company | Pending |
To see the full case history of Nascent Lifescience 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
No delayed payments to MSME suppliers are on our record for Nascent Lifescience Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nascent Lifescience has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN4167F1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nascent Lifescience Private Limited, buy the company report.
Recent activity
Nascent Lifescience Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Keyur Laljibhai Antala ceased to be Director on 18 Feb 2013.
AGM
Nascent Lifescience Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nascent Lifescience Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Canara Bank of Rs. 40.00 Lakh registered on 01 Dec 2014 with Charge ID 10539759 was modified on 10 Jan 2017.
Charges
A charge with Canara Bank amounted to Rs. 40.00 Lakh with Charge ID 10539759 was registered on 01 Dec 2014.
Ceased
Keyur Laljibhai Antala ceased to be Director.
Ceased
Manishaben Chandubhai Vekariya ceased to be Director.
Appointed
Nikunj Chandulal Vekariya was appointed as Additional Director.
Appointed
Sureshkumar Chandubhai Vekariya was appointed as Additional Director.
Incorporation
14 Sep 2010
Nascent Lifescience Private Limited was registered on 14 Sep 2010 with Roc Ahmedabad & aged 16 years 1 month as per MCA records.
Frequently asked questions
Nascent Lifescience 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 14 September 2010 (16+ years old) and is registered under CIN U24230GJ2010PTC062297.
Nascent Lifescience has 2 current directors:
- Sureshkumar Chandubhai Vekariya - Additional Director
- Nikunj Chandulal Vekariya - Additional Director
The latest financial statements of Nascent Lifescience on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nascent Lifescience is 24AADCN4167F1ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nascent Lifescience is U24230GJ2010PTC062297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nascent Lifescience has 12 court cases on record: 12 filed against it. 6 are pending.
Nascent Lifescience was incorporated on 14 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Keyur Laljibhai Antala ceased to be Director on 18 Feb 2013. Manishaben Chandubhai Vekariya ceased to be Director on 18 Feb 2013. Nikunj Chandulal Vekariya was appointed as Additional Director on 18 Feb 2013. Nascent Lifescience has 4 board changes on record in total.
Yes, Nascent Lifescience is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0154543).
Nascent Lifescience can be reached through the website nascentlifescience.com. Its registered office is in Ahmedabad, Gujarat, India.