Startup India Government of India
Aquigen Bio Science Private Limited - pharma in Mulshi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.4 Cr
▲ 33% YoY
Net profit · FY 2024
₹2 Cr
Net margin 15%
EBITDA · FY 2024
₹3.15 Cr
EBITDA margin 23.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Aquigen Bio Science Private Limited
Data last updated:
Aquigen Bio Science Private Limited is a private limited company based in Mulshi, Maharashtra, India, recognised as a startup by DPIIT. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 26 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2018PTC176298. Its GSTIN is 27AAQCA8386E1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Maruti Navanath Jagtap (Managing Director) and Archana Nikam.
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 Gat No 281/1 Plot No 41, Mulshi Kasar Amboli, Maharashtra, India – 412115.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.4 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹2 Cr (net margin 15%) and EBITDA of ₹3.15 Cr (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 63% over five years.
The company is associated with 1 brand: Aquigen Bio. As per MCA filings, the company has open charges of ₹1.5 Cr on record.
Aquigen Bio Science Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0035913). For more details, the company can be reached via its website aquigenbio.com.
Company details
CIN U74999PN2018PTC176298
Registration Number 176298
Incorporation Date 26 April 2018
ROC Pune
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 Small
Udyam Registration UDYAM-MH-26-0035913
Key People
Maruti Navanath Jagtap Managing Director Archana Nikam Director Shashikant Bhagwat Bhorkade Director Recognitions & Rankings of Aquigen Bio Science
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0035913
Contact details
Aquigen Bio Science Private Limited's registered office is in Mulshi, Maharashtra. Its website is aquigenbio.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat No 281/1 Plot No 41, Mulshi Kasar Amboli, Maharashtra, India – 412115
- IndustryPharma, API Manufacturers, Pharma Contract R&D
To see the full contact details of Aquigen Bio Science Private Limited, buy the company report.
Comprehensive company report
Aquigen Bio Science 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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Brands
Aquigen Bio Science operates one associated brand: Aquigen Bio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides pharmaceutical impurity standards, custom synthesis, and analytical services globally. | aquigenbio.com |
Business activity
The main business activity of Aquigen Bio Science 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 Aquigen Bio Science Private Limited, buy the company report.
Financials of Aquigen Bio Science Private Limited
FY 2025 filings availableAquigen Bio Science Private Limited reported revenue of ₹13.4 Cr (up 33% YoY) for FY 2024.
Revenue · FY 2024
₹13.4 Cr ▲ 33%
Net profit · FY 2024
₹2 Cr margin 15%
EBITDA · FY 2024
₹3.15 Cr margin 23.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 26%
5 years · compounded
▲ 63%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 62%
5 years · compounded
▲ 145%
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 33% growth in the latest year. EBITDA rose 66% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.4 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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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 | 23.5% | ||||
| Net Profit Margin | 15% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Aquigen Bio Science Private Limited, buy the company report.
Board of directors of Aquigen Bio Science Private Limited
Aquigen Bio Science has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maruti Navanath Jagtap Also directs: Aquisera Pharmaceuticals Private Limited | Managing Director | 26 Apr 2018 | 8 Years 6 Months | Current |
| Archana Nikam | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Shashikant Bhagwat Bhorkade | Director | 26 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Aquigen Bio Science Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (API Manufacturers, Contract Research), with 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 |
|---|---|---|---|---|---|---|
| CNS Labs Private Limited | ₹13.64 Cr (FY 2023) | 72.0% | Hyderabad, Telangana, India | |||
| Kotaru Laboratories Private Limited | ₹13.55 Cr (FY 2025) | 35.0% | Hyderabad, Telangana, India | |||
| Mac Labs Limited | ₹13.46 Cr (FY 2024) | -54.0% | Hyderabad, Telangana, India | |||
| Nifty Pharma Private Limited | ₹13.42 Cr (FY 2024) | -7.0% | Hyderabad, Telangana, India | |||
| Aquigen Bio Science Private Limitedthis company | ₹13.4 Cr (FY 2024) | ₹2 Cr | 15% | 33.0% | Mulshi, Maharashtra, India | |
| Varanous Labs Private Limited | ₹13.1 Cr (FY 2025) | 22.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Aquigen Bio Science Private Limited, buy the company report.
Auditor
Aquigen Bio Science Private Limited is audited by SANKET KURHE & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANKET KURHE & CO. | FY 2024 | 138127W |
Shareholding
The shareholding of Aquigen Bio Science Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aquigen Bio Science Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2023 | 100748992 | Others | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aquigen Bio Science Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aquigen Bio Science Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aquigen Bio Science Private Limited has 1 active EPFO establishment as of Feb 19, 2025.
Active EPFO establishments
1
GST
Aquigen Bio Science has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA8386E1Z5 | Maharashtra | Active | 15 May 2018 |
To see the full GST registrations and return filing status of Aquigen Bio Science Private Limited, buy the company report.
Recent activity
Aquigen Bio Science Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Archana Nikam was appointed as Director on 30 Nov 2021.
AGM
Aquigen Bio Science Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aquigen Bio Science Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100748992 was registered on 03 Jul 2023.
Appointed
Archana Nikam was appointed as Director.
Ceased
Maruti Navanath Jagtap ceased to be Director.
Appointed
Maruti Navanath Jagtap was appointed as Managing Director.
Appointed
Shashikant Bhagwat Bhorkade was appointed as Director.
Incorporation
26 Apr 2018
Aquigen Bio Science Private Limited was registered on 26 Apr 2018 with Roc Pune & aged 8 years 6 months as per MCA records.
Frequently asked questions
Aquigen Bio Science is an active private limited company based in Mulshi, Maharashtra, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 26 April 2018 (8+ years old) and is registered under CIN U74999PN2018PTC176298.
Aquigen Bio Science has 3 current directors:
- Maruti Navanath Jagtap - Managing Director
- Archana Nikam - Director
- Shashikant Bhagwat Bhorkade - Director
The latest financial statements of Aquigen Bio Science 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 2019 are in the company report.
The GSTIN of Aquigen Bio Science is 27AAQCA8386E1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aquigen Bio Science is U74999PN2018PTC176298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aquigen Bio Science was incorporated on 26 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Aquigen Bio Science by revenue are CNS Labs Private Limited, Kotaru Laboratories Private Limited, Mac Labs Limited, Nifty Pharma Private Limited, Varanous Labs Private Limited, all in the Pharma industry (API Manufacturers, Contract Research), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Archana Nikam was appointed as Director on 30 Nov 2021. Maruti Navanath Jagtap ceased to be Director on 30 Nov 2021. Maruti Navanath Jagtap was appointed as Managing Director on 26 Apr 2018. Aquigen Bio Science has 4 board changes on record in total.
Yes, Aquigen Bio Science is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aquigen Bio Science is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0035913).
Aquigen Bio Science can be reached through the website aquigenbio.com. Its registered office is in Mulshi, Maharashtra, India.