About Xcelris Labs Limited
Data last updated: 10 March 2026
Xcelris Labs Limited is a public limited company based in Ahmadabad City, Gujarat, India, a subsidiary of Cygnus Laboratories Limited. It specialises in biotechnology, a part of the broader life sciences sector. Incorporated on 07 November 2005, the company has been in operation for over 21 years.
Registered with ROC Ahmedabad under CIN U73100GJ2005PLC047024.
Capital: an authorised share capital of ₹21.5 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Nirav Pravinchandra Chokshi and Nikitkumar Dineshkumar Shah.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmadabad City, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.26 Cr, a growth of 69% compared to the previous year.
The company has a workforce of approximately 2 employees as per the latest available data. It operates as a subsidiary of Cygnus Laboratories Limited.
The company is associated with 1 brand - Xcelris Labs. As per MCA filings, the company has open charges of ₹32.28 Cr and satisfied charges of ₹54.85 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website xcelrislabs.com.
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Registered Address407 Sangita Complex Opp. Doctor House, Parimal Crossing Ellisbridge, Ahmadabad City, Gujarat, India – 380006
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IndustryLife Sciences, Biotechnology
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Associated Brands with Xcelris Labs Limited
Xcelris Labs Limited operates one associated brand: Xcelris Labs. These brands represent Xcelris Labs Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Genomic research and genetic testing services are provided. | xcelrislabs.com |
Competitors & Alternatives of Xcelris Labs Limited
Brands and companies operating in the same space as Xcelris Labs Limited include Cepheid, Foundation Medicine, MedGenome and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Cepheid
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Developer of molecular diagnostic testing solutions | Sunnyvale, United States, United States | 1996 |
Foundation Medicine
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Genomics-based diagnostic tests for cancer are provided. | Cambridge, United States, United States | 2010 |
MedGenome
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DNA sequencing, bioinformatics, and multiomics services are provided. | Bengaluru, India, India | 2013 |
Personalis
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Genomic sequencing and diagnosis software is provided for healthcare. | Menlo Park, United States, United States | 2011 |
Novogene Corporation
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Genomic services and solutions with NGS expertise are provided. | Beijing, China, China | 2011 |
Lantern Pharma
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Drug and companion diagnostics for multi-drug resistant cancers are developed. | Dallas, United States, United States | 2013 |
Burning Rock
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Personalized cancer diagnostics are developed using genomic big data analysis. | Guangzhou, China, China | 2014 |
Complete Genomics
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DNA sequencing platform for human genome analysis is developed. | San Jose, United States, United States | 2006 |
GenapSys
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Provider of DNA sequencing technologies for applied genomic testing and medical sequencing | Redwood City, United States, United States | 2010 |
Fluidigm
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Instruments for life sciences research and applications are developed. | San Francisco, United States, United States | 1999 |
Business Activity of Xcelris Labs Limited
Xcelris Labs Limited is engaged in the principal business activity of hospital and medical care, with detailed activities including other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details for Xcelris Labs Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Xcelris Labs Limited
Xcelris Labs Limited is audited by MEHUL KHATSURIYA & ASSOCIATES for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHUL KHATSURIYA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Xcelris Labs Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Xcelris Labs Limited
Xcelris Labs Limited is currently managed by 3 directors, with 29 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Nirav Pravinchandra Chokshi
Also directs:
Cygnus Laboratories Limited, Xcellon Education Limited
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Director | 23 Aug 2023 | 2 Years 11 Months | Current |
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Nikitkumar Dineshkumar Shah
Also directs:
Flourish Dairyfarms Private Limited, Indsol Enertech Limited, Cygnus Laboratories Limited and 3 more
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Director | 21 Jun 2021 | 5 Years 1 Months | Current |
| Deepenbhai Damodarbhai Kalaria | Director | 05 Sep 2022 | 3 Years 11 Months | Current |
Financials of Xcelris Labs Limited FY 2025 filings available
Xcelris Labs Limited reported revenue of ₹11.26 Cr (up 69.00% YoY) for FY 2025.
Ten-year financial statements for Xcelris Labs Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Xcelris Labs Limited
Shareholding and ownership data for Xcelris Labs Limited
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Charges & Borrowings of Xcelris Labs Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2022 | Bank of India | ₹32.28 Cr | Open |
| 01 Dec 2018 | State Bank of India | ₹21.45 Cr | Satisfied |
| 11 Mar 2015 | Tamilnad Mercantile Bank Limited | ₹14 Cr | Satisfied |
| 23 Mar 2013 | Reliance Capital Ltd | ₹50 Lakh | Satisfied |
| 31 Jul 2012 | Reliance Capital Ltd | ₹50 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Xcelris Labs Limited
Xcelris Labs Limited has a workforce of 2 employees as of Apr 08, 2024.
Employee and EPFO history for Xcelris Labs Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Xcelris Labs Limited
GST registrations and filing compliance for Xcelris Labs Limited
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Credit Ratings, Litigation & Regulatory Alerts for Xcelris Labs Limited
Credit ratings, litigation, and regulatory alerts for Xcelris Labs Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Xcelris Labs Limited
MSME payment history for Xcelris Labs Limited
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Subsidiaries & Group Companies of Xcelris Labs Limited
Corporate group structure for Xcelris Labs Limited
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MCA Filings & Documents of Xcelris Labs Limited
MCA filings and documents for Xcelris Labs Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Xcelris Labs Limited
Frequently Asked Questions about Xcelris Labs Limited
Xcelris Labs Limited is an active public limited company in the life sciences sector based in Ahmadabad City, Gujarat, India. It was incorporated on 07 November 2005 (21+ years old) and is registered under CIN U73100GJ2005PLC047024. The company has 2 employees.
Xcelris Labs Limited reported revenue of ₹11.26 Cr for FY 2025 (up 69.00% YoY).
The current directors of Xcelris Labs Limited are:
- Nirav Pravinchandra Chokshi - Director
- Nikitkumar Dineshkumar Shah - Director
- Deepenbhai Damodarbhai Kalaria - Director
The primary industry of Xcelris Labs Limited is life sciences. The company specifically operates in biotechnology. The company is currently active in this sector.
Xcelris Labs Limited can be reached at the registered office: 407 Sangita Complex Opp. Doctor House, Parimal Crossing Ellisbridge, Ahmadabad City, Gujarat, India – 380006, or through the website xcelrislabs.com.
The authorised capital is ₹21.5 Cr, and the paid-up capital is ₹20 Cr.