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 96 cases involving the company, including 18 filed by the company and 72 filed against it; 10 cases are pending.
The last known website on record is shiveklabs.com.
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- 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
- One PDF report, delivered after checkout
Business Activity of Shivek Labs Limited
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 | 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shivek Labs Limited FY 2017 filings available
Shivek Labs Limited reported revenue of ₹21.54 Cr (down 53% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Shivek Labs Limited
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 of Shivek Labs Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹57.29 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹63.5 Cr | •••• | •••• |
| 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 of Shivek Labs Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -265.9% | •••• | •••• |
| Net Profit Margin | -294.8% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shivek Labs are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shivek Labs Limited
Shivek Labs Limited is compared with the companies closest to it by revenue in the Packaging industry (Formulations, Pharma Packaging). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jayanth Life Sciences Private Limited | •••• | •••• | •••• | •••• | 59 | Hyderabad, Telangana, India |
| Trikona Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | 186 | Hyderabad, Telangana, India |
| Matoshree Health Care Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Biophar Lifesciences Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Karnani Pharmaceuticals Pvt Ltd | •••• | •••• | •••• | •••• | 35 | Mumbai, Maharashtra, India |
| Shivek Labs Limited this company | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Oxpro Pharma Private Limited | •••• | •••• | •••• | •••• | - | Ranchi, Jharkhand, India |
| Vans Pharma Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Sunrise International Labs Limited | •••• | •••• | •••• | •••• | 68 | Hyderabad, Telangana, India |
| Ratan Medicos Private Limited | •••• | •••• | •••• | •••• | 21 | New Delhi, Delhi, India |
| Ce-Chem Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Shivek Labs by revenue in the Packaging industry (Formulations, Pharma Packaging), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in 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 5 Months | As last reported |
| Sunil Guglani | Director | 11 Apr 2006 | 20 Years 5 Months | As last reported |
| Suhail Guglani | Director | 10 Apr 2006 | 20 Years 5 Months | As last reported |
Charges & Borrowings of Shivek Labs Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2014 | Canara Bank | ₹20 Lakh | Open |
| 05 Feb 2014 | Idbi Bank Limited | ₹7.5 Cr | Open |
| 26 Jul 2013 | Punjab National Bank | ₹114.2 Cr | Open |
| 03 Jan 2013 | Intec Capital Limited | ₹75 Lakh | Open |
| 26 Oct 2012 | Punjab National Bank (Lead Bank) | ₹64 Cr | Open |
Total charge records: 21 View all charges
Legal Cases of Shivek Labs Limited
Shivek Labs Limited has 96 court cases on record: 18 filed by Shivek Labs, 72 filed against it, 6 where it is another party. 10 cases are pending and 86 are disposed. Status as checked between 28 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 70 | 55 | 7 |
| High courts | 25 | 16 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 96)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Advanced Enzyme Technologies Limited | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by Boroglass Pharma Packaging Private Limited | Pending |
| District court, North West, Delhi | Criminal case | Filed against the company by MSD Laboratories Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Time Technoplast Limited | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Scope Ingredients Private Limited | Disposed |
Full case history
All 96 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Shivek Labs Limited
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 |
Employees and EPFO Compliance at Shivek Labs Limited
Employment history and EPFO contributions of people linked to Shivek Labs.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Shivek Labs Limited
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 |
Recent Activity on Shivek Labs Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shivek Labs Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shivek Labs Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shivek Labs Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shivek Labs Limited
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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shivek Labs Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shivek Labs Limited
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 reported revenue of ₹21.54 Cr for FY 2017 (down 53% YoY).
Shivek Labs has 3 current directors:
- Suman Guglani - Director
- Sunil Guglani - Director
- Suhail Guglani - Director
Shivek Labs reported a net loss of ₹63.5 Cr (net margin -294.8%) and EBITDA of -₹57.29 Cr (EBITDA margin -265.9%) for FY 2017, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shivek Labs is -55% over three years. In the latest year (FY 2017) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
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 96 court cases on record: 18 filed by the company and 72 filed against it. 10 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, Matoshree Health Care Private Limited, Biophar Lifesciences Private Limited, Karnani Pharmaceuticals Pvt Ltd and 5 more, all in the Packaging industry (Formulations, Pharma Packaging).