DPIIT recognised startup Government of India
Startup India
Prica Labs Private Limited - pharma in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.04 Cr
▲ 295% YoY
Net loss · FY 2025
₹87
Net margin 0%
EBITDA · FY 2025
₹6.9 Lakh
EBITDA margin 3.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
3
GST registered
About Prica Labs Private Limited
Data last updated:
Prica Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 20 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24290KA2021PTC149699. Its GSTIN is 29AAMCP1458L1ZS (Karnataka). The company holds 3 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 Jessie Rajesh Chowhan and Prithvi Rajesh Chowhan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹87 (net margin 0%) and EBITDA of ₹6.9 Lakh (EBITDA margin 3.4%).
The company is associated with 1 brand: Varalife. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Prica Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0103041). For more details, the company can be reached via its website vara.life.
Company details
CIN U24290KA2021PTC149699
Registration Number 149699
Incorporation Date 20 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0103041
Key People
Jessie Rajesh Chowhan Director Prithvi Rajesh Chowhan Director Rajesh Babulal Chowhan Director Recognitions & Rankings of Prica Labs
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0103041
Contact details
Prica Labs Private Limited's registered office is in Bangalore South, Karnataka. Its website is vara.life.
- Website
- Registered AddressNo 31 3rd Floor 28th Cross, 9th Main. Industrial Area, Bangalore, Karnataka, India – 560070
- IndustryPharma, Pharmaceutical Retailers & Distributors
Comprehensive company report
Prica Labs 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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Business activity
The main business activity of Prica Labs is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Prica Labs Private Limited, buy the company report.
Financials of Prica Labs Private Limited
FY 2025 filings availablePrica Labs Private Limited reported revenue of ₹2.04 Cr (up 295% YoY) for FY 2025.
Revenue · FY 2025
₹2.04 Cr ▲ 295%
Net loss · FY 2025
₹87 margin 0%
EBITDA · FY 2025
₹6.9 Lakh margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 295%
Revenue rose 295% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.04 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹6.9 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹87 | |||
| 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.4% | |||
| Net Profit Margin | 0% | |||
| 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 Prica Labs Private Limited, buy the company report.
Board of directors of Prica Labs Private Limited
Prica Labs has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jessie Rajesh Chowhan | Director | 20 Jul 2021 | 5 Years 3 Months | Current |
| Prithvi Rajesh Chowhan | Director | 20 Jul 2021 | 5 Years 3 Months | Current |
| Rajesh Babulal Chowhan | Director | 20 Jul 2021 | 5 Years 3 Months | Current |
Legal cases
Prica Labs Private Limited has 1 court case on record: 1 filed by Prica Labs. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Prica Labs 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 Prica Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prica Labs Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Prica Labs has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP1458L1ZS | Karnataka | Active | 05 Jan 2022 |
| 29AAMCP1458L2ZR | Karnataka | Active | 03 Jul 2025 |
| 06AAMCP1458L1Z0 | Haryana | Active | 03 Nov 2023 |
To see the full GST registrations and return filing status of Prica Labs Private Limited, buy the company report.
Recent activity
Prica Labs Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Jessie Rajesh Chowhan was appointed as Director on 20 Jul 2021.
AGM
Prica Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prica Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Jessie Rajesh Chowhan was appointed as Director.
Appointed
Prithvi Rajesh Chowhan was appointed as Director.
Appointed
Rajesh Babulal Chowhan was appointed as Director.
Incorporation
20 Jul 2021
Prica Labs Private Limited was registered on 20 Jul 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.
Frequently asked questions
Prica Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 20 July 2021 (5+ years old) and is registered under CIN U24290KA2021PTC149699.
Prica Labs has 3 current directors:
- Jessie Rajesh Chowhan - Director
- Prithvi Rajesh Chowhan - Director
- Rajesh Babulal Chowhan - Director
The latest financial statements of Prica Labs 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 FY 2022 are in the company report.
The GSTIN of Prica Labs is 29AAMCP1458L1ZS, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAMCP1458L2ZR (Karnataka), 06AAMCP1458L1Z0 (Haryana).
The CIN (Corporate Identification Number) of Prica Labs is U24290KA2021PTC149699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prica Labs has 1 court case on record: 1 filed by the company. 1 is pending.
Prica Labs was incorporated on 20 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Jessie Rajesh Chowhan was appointed as Director on 20 Jul 2021. Prithvi Rajesh Chowhan was appointed as Director on 20 Jul 2021. Rajesh Babulal Chowhan was appointed as Director on 20 Jul 2021.
Yes, Prica Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Prica Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0103041).