MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0166665
Vaishali Lifecare Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.61 Cr
▼ 23% YoY
Net loss · FY 2024
₹32.16 Lakh
Net margin -8.9%
EBITDA · FY 2024
-₹28.66 Lakh
EBITDA margin -7.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹4 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About Vaishali Lifecare Private Limited
Data last updated:
Vaishali Lifecare Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 24 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ2004PTC044158. Its GSTIN is 24AACCV2770P1ZX (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Girish Bhatt and Jayendra 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 403 / Tf Sarthik II Opp. Rajpath Club S. G. Highway Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.61 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹32.16 Lakh (net margin -8.9%) and EBITDA of -₹28.66 Lakh (EBITDA margin -7.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Vaishali Lifecare Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0166665). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaishalilifecare.com.
Company details
CIN U24231GJ2004PTC044158
Registration Number 044158
Incorporation Date 24 May 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0166665
Key People
Girish Bhatt Director Jayendra Mehta Director Recognitions & Rankings of Vaishali Lifecare
Contact details
Vaishali Lifecare Private Limited's registered office is in Ahmedabad, Gujarat. Its website is vaishalilifecare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address403 / Tf Sarthik II Opp. Rajpath Club S. G. Highway Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Vaishali Lifecare Private Limited, buy the company report.
Comprehensive company report
Vaishali Lifecare 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 Vaishali Lifecare 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 Vaishali Lifecare Private Limited, buy the company report.
Financials of Vaishali Lifecare Private Limited
FY 2025 filings availableVaishali Lifecare Private Limited reported revenue of ₹3.61 Cr (down 23% YoY) for FY 2024.
Revenue · FY 2024
₹3.61 Cr ▼ 23%
Net loss · FY 2024
₹32.16 Lakh margin -8.9%
EBITDA · FY 2024
-₹28.66 Lakh margin -7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 1%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 23%
5 years · compounded
▲ 22%
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 26% 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 |
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| Profit and Loss Statement | |||||
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| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹28.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.16 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.9% | ||||
| Net Profit Margin | -8.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| 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 Vaishali Lifecare Private Limited, buy the company report.
Board of directors of Vaishali Lifecare Private Limited
Vaishali Lifecare 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 |
|---|---|---|---|---|
| Girish Bhatt Also directs: Ckim Pharma LLP, Proconvis & O2 International LLP, Vitale Beverages Private Limited and 5 more | Director | 16 Jun 2008 | 18 Years 4 Months | Current |
| Jayendra Mehta Also directs: Vitaaglobal Bioscience Private Limited, Vital Intelligence Technology Private Limited, Vivanza Biosciences Limited and 1 more | Director | 05 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Vaishali Lifecare Private Limited is audited by Chawla & Bajaj Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chawla & Bajaj Associates | FY 2023 | 120182W |
Shareholding
The shareholding of Vaishali Lifecare 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 Vaishali Lifecare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2015 | 10582783 | Bank of Baroda | ₹4 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Vaishali Lifecare Private Limited has 1 court case on record: 1 filed by Vaishali Lifecare. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (APPLN ESI) | Filed by the company against E.S.I.Corporation | Disposed |
To see the full case history of Vaishali Lifecare 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 Vaishali Lifecare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vaishali Lifecare has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV2770P1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vaishali Lifecare Private Limited, buy the company report.
Recent activity
Vaishali Lifecare Private Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Hemant Amrish Parikh ceased to be Director on 05 Jul 2025.
AGM
Vaishali Lifecare Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Hemant Amrish Parikh ceased to be Director.
Appointed
Jayendra Mehta was appointed as Director.
Filing
Vaishali Lifecare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Bank Of Baroda amounted to Rs. 400.00 Lakh with Charge ID 10582783 was registered on 20 Jul 2015.
Ceased
Dr Amrish Jagmohan Parikh ceased to be Director.
Appointed
Girish Bhatt was appointed as Director.
Appointed
Dr Amrish Jagmohan Parikh was appointed as Director.
Appointed
Hemant Amrish Parikh was appointed as Director.
Incorporation
24 May 2004
Vaishali Lifecare Private Limited was registered on 24 May 2004 with Roc Ahmedabad & aged 22 years 5 months as per MCA records.
Frequently asked questions
Vaishali Lifecare is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 24 May 2004 (22+ years old) and is registered under CIN U24231GJ2004PTC044158.
Vaishali Lifecare has 2 current directors:
- Girish Bhatt - Director
- Jayendra Mehta - Director
The latest financial statements of Vaishali Lifecare 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 2015 are in the company report.
The GSTIN of Vaishali Lifecare is 24AACCV2770P1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Vaishali Lifecare is U24231GJ2004PTC044158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaishali Lifecare has 1 court case on record: 1 filed by the company.
Vaishali Lifecare was incorporated on 24 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hemant Amrish Parikh ceased to be Director on 05 Jul 2025. Jayendra Mehta was appointed as Director on 05 Jul 2025. Dr Amrish Jagmohan Parikh ceased to be Director on 19 Jun 2008. Vaishali Lifecare has 6 board changes on record in total.
Yes, Vaishali Lifecare is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0166665).
Vaishali Lifecare can be reached through the website vaishalilifecare.com. Its registered office is in Ahmedabad, Gujarat, India.
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