- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-14-0002057

About Safal Lifescience Private Limited
Data last updated:
Safal Lifescience Private Limited is a private limited company based in Kadi, Gujarat, India, a subsidiary of Newtronic Lifecare Equipment Private Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2016PTC092075. Its GSTIN is 24AAXCS1015M1Z1 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Jignesh Navinchandra Mehta and Navinbhai Manilal Mehta.
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 414/3 Near Hitachi Company Kadi – Kalol Road Behind Karannagar Petrol Pump Indrad Ta, Kadi, Gujarat, India – 382715.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.37 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net loss of ₹10.1 Lakh (net margin -0.3%) and EBITDA of ₹3.2 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 44% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹9.5 Cr on record. Court records list 29 cases involving the company, including 5 filed by the company and 24 filed against it; 6 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2020. Its 10 peer companies in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 5 smaller; the largest is Meditech Devices Private Limited with revenue of ₹29.4 Cr. The company has 4 MSME Form 1 returns on record between 2020 and 2022, listing 274 overdue payments to 18 micro and small suppliers.
Safal Lifescience Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0002057). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safallifescience.com.
Company details
Recognitions & Rankings of Safal Lifescience
Contact details
Safal Lifescience Private Limited's registered office is in Kadi, Gujarat. Its website is safallifescience.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address414/3 Near Hitachi Company Kadi – Kalol Road Behind Karannagar Petrol Pump Indrad Ta, Kadi, Gujarat, India – 382715
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Safal Lifescience 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
Business activity
The main business activity of Safal Lifescience 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 Safal Lifescience Private Limited, buy the company report.
Financials of Safal Lifescience Private Limited
FY 2025 filings availableSafal Lifescience Private Limited reported revenue of ₹29.37 Cr (up 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 65% growth in the latest year. EBITDA rose 48% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.2 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹10.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | -0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Safal Lifescience Private Limited, buy the company report.
Board of directors of Safal Lifescience Private Limited
Safal Lifescience has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignesh Navinchandra Mehta | Director | 02 Apr 2019 | 7 Years 7 Months | Current |
| Navinbhai Manilal Mehta | Director | 02 Apr 2019 | 7 Years 7 Months | Current |
Peer comparison
Safal Lifescience Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Meditech Devices Private Limited | ₹29.4 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Neel Pigments Private Limited | ₹29.4 Cr (FY 2025) | 41.0% | Ankleshwar, Gujarat, India | |||
| Goodie International Private Limited | ₹29.4 Cr (FY 2025) | -1.0% | Gurgaon, Haryana, India | |||
| KSJN Chemicals Private Limited | ₹29.39 Cr (FY 2025) | -23.0% | Delhi, India | |||
| Rapross Pharmaceuticals Private Limited | ₹29.39 Cr (FY 2023) | 3.0% | Delhi, India | |||
| Safal Lifescience Private Limitedthis company | ₹29.37 Cr (FY 2025) | -₹10.1 Lakh | -0.3% | 65.0% | 50 | Kadi, Gujarat, India |
| G.M. Chemie Private Limited | ₹29.36 Cr (FY 2025) | 43.0% | Navi Mumbai, Maharashtra, India | |||
| Ecoearth Biopol Private Limited | ₹29.36 Cr (FY 2025) | 48.0% | Kanpur, Uttar Pradesh, India | |||
| Uv Lifecare Limited | ₹29.35 Cr (FY 2025) | 23.0% | Panchkula, Haryana, India | |||
| Septodont Healthcare India Private Limited | ₹29.35 Cr (FY 2025) | -2.0% | Navi Mumbai, Maharashtra, India | |||
| Millennium Herbal Care Limited | ₹29.32 Cr (FY 2025) | -9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Safal Lifescience Private Limited, buy the company report.
Auditor
Safal Lifescience Private Limited is audited by SHAH SANGHVI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SANGHVI & ASSOCIATES | FY 2022 | 140107W |
Shareholding
The shareholding of Safal Lifescience Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Safal Lifescience Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2018 | 100171479 | State Bank of India | ₹9.5 Cr | Satisfied |
To see the full charge records of Safal Lifescience Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Safal Lifescience Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Newtronic Lifecare Equipment Private Limited , 2 individuals Seller: 4 individuals |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: Newtronic Lifecare Equipment Private Limited , 2 individuals Seller: 2 individuals |
| Oct 2017 | Rights issue | ₹3.99 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Safal Lifescience Private Limited has 29 court cases on record: 5 filed by Safal Lifescience, 24 filed against it. 6 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 23 | 5 |
| High courts | 1 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Ravi Kapoor Liquidator of Varad Lifescience Pvt. Ltd. | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Pending |
To see the full case history of Safal 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
Safal Lifescience Private Limited has 4 MSME Form 1 returns on record between 2020 and 2022, listing 274 overdue payments to 18 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 (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rakesh Chemicals Chhatral | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Rihaan Packaging Private Limited |
To see the full MSME payment records of Safal Lifescience Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Safal Lifescience Private Limited has a workforce of 50 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Safal Lifescience has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS1015M1Z1 | Gujarat | Active | 01 Jul 2017 |
| 19AAXCS1015M1ZS | West Bengal | Active | 22 Aug 2019 |
To see the full GST registrations and return filing status of Safal Lifescience Private Limited, buy the company report.
Recent activity
Safal Lifescience Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Dasharathbhai Narsangbhai Chaudhary ceased to be Director on 16 Mar 2020.
Frequently asked questions
Safal Lifescience is an active private limited company based in Kadi, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 May 2016 (10+ years old) and is registered under CIN U24230GJ2016PTC092075.
Safal Lifescience has 2 current directors:
- Jignesh Navinchandra Mehta - Director
- Navinbhai Manilal Mehta - Director
The latest financial statements of Safal Lifescience 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 2017 are in the company report.
The GSTIN of Safal Lifescience is 24AAXCS1015M1Z1, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAXCS1015M1ZS (West Bengal).
The CIN (Corporate Identification Number) of Safal Lifescience is U24230GJ2016PTC092075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safal Lifescience has 29 court cases on record: 5 filed by the company and 24 filed against it. 6 are pending. Most are in the district courts.
Safal Lifescience was incorporated on 19 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Safal Lifescience has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2020.
The peers of Safal Lifescience by revenue are Meditech Devices Private Limited, Neel Pigments Private Limited, Goodie International Private Limited, KSJN Chemicals Private Limited, Rapross Pharmaceuticals Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Dasharathbhai Narsangbhai Chaudhary ceased to be Director on 16 Mar 2020. Vishal Dasharathbhai Chaudhary ceased to be Director on 16 Mar 2020. Jignesh Navinchandra Mehta ceased to be Additional Director on 30 Sep 2019. Safal Lifescience has 6 board changes on record in total.
Yes, Safal Lifescience is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-14-0002057).
Safal Lifescience has 4 MSME Form 1 returns on record between 2020 and 2022, listing 274 overdue payments to 18 micro and small suppliers. The latest return was filed on 30 Apr 2022.

