MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CH-01-0024572
Wits Biotech Private Limited - chemicals in Chandigarh, India. Directors, charges & compliance details.
Revenue · FY 2024
₹52.64 Lakh
▲ 9% YoY
Net profit · FY 2024
₹3.37 Lakh
Net margin 6.4%
EBITDA · FY 2024
₹97,296
EBITDA margin 1.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Wits Biotech Private Limited
Data last updated:
Wits Biotech Private Limited is a private limited company based in Chandigarh, India. It operates in the fine chemicals and other chemical products segment of the chemicals sector. It was incorporated on 09 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24299CH2017PTC041581. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Gaurav Dhingra and Nisha Dhingra.
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 Shop No.11 Ground Floor Plot No.157 – A Village Sarangpur, Chandigarh, India – 160014.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.64 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.37 Lakh (net margin 6.4%) and EBITDA of ₹97,296 (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
Wits Biotech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0024572). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website witsbiotech.com.
Company details
CIN U24299CH2017PTC041581
Registration Number 041581
Incorporation Date 09 June 2017
ROC Chandigarh
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-CH-01-0024572
Key People
Gaurav Dhingra Director Nisha Dhingra Director Recognitions & Rankings of Wits Biotech
Contact details
Wits Biotech Private Limited's registered office is in Chandigarh, Chandigarh.
- Registered AddressShop No.11 Ground Floor Plot No.157 – A Village Sarangpur, Chandigarh, India – 160014
- IndustryChemicals, Fine Chemicals And Other Chemical Products, Manufacturing, Other Chemical Product
Comprehensive company report
Wits Biotech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Wits Biotech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Wits Biotech Private Limited, buy the company report.
Financials of Wits Biotech Private Limited
FY 2025 filings availableWits Biotech Private Limited reported revenue of ₹52.64 Lakh (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹52.64 Lakh ▲ 9%
Net profit · FY 2024
₹3.37 Lakh margin 6.4%
EBITDA · FY 2024
₹97,296 margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 20%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▲ 3%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 9% growth in the latest year. EBITDA fell 61% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹97,296 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.37 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 6.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Wits Biotech Private Limited, buy the company report.
Board of directors of Wits Biotech Private Limited
Wits Biotech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Dhingra Also directs: Insignia Lifesciences Private Limited | Director | 14 Apr 2021 | 5 Years 6 Months | Current |
| Nisha Dhingra Also directs: Insignia Lifesciences Private Limited | Director | 09 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Wits Biotech Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wits Biotech Private Limitedthis company | ₹52.64 Lakh (FY 2024) | ₹3.37 Lakh | 6.4% | 9.0% | Chandigarh, India | |
| Ontario Organics Private Limited | ₹52.62 Lakh (FY 2019) | -23.0% | Ahmedabad, Gujarat, India | |||
| Sherwyn Pharmaceuticals Private Limited | ₹52.61 Lakh (FY 2024) | 29.0% | Hyderabad, Telangana, India | |||
| Qualtra Pharmaceuticals Private Limited | ₹52.54 Lakh (FY 2024) | -6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Wits Biotech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 May 2024 | 100945449 | Canara Bank | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Wits Biotech 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 Wits Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wits Biotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Wits Biotech Private Limited, buy the company report.
Recent activity
Wits Biotech Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Chanderdeep Arora ceased to be Director on 01 Mar 2024.
AGM
Wits Biotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Wits Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Canara Bank amounted to Rs. 10.00 Lakh with Charge ID 100945449 was registered on 06 May 2024.
Ceased
Chanderdeep Arora ceased to be Director.
Ceased
Hitesh ceased to be Director.
Appointed
Gaurav Dhingra was appointed as Director.
Ceased
Varun Singla ceased to be Director.
Ceased
Ishaan Chhabra ceased to be Director.
Appointed
Nisha Dhingra was appointed as Director.
Incorporation
09 Jun 2017
Wits Biotech Private Limited was registered on 09 Jun 2017 with Roc Chandigarh & aged 9 years 4 months as per MCA records.
Frequently asked questions
Wits Biotech is an active private limited company based in Chandigarh, India. The company works in fine chemicals and other chemical products, within the chemicals industry. It was incorporated on 09 June 2017 (9+ years old) and is registered under CIN U24299CH2017PTC041581.
Wits Biotech has 2 current directors:
- Gaurav Dhingra - Director
- Nisha Dhingra - Director
The latest financial statements of Wits Biotech 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 2018 are in the company report.
No. Wits Biotech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Wits Biotech is U24299CH2017PTC041581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wits Biotech was incorporated on 09 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Wits Biotech by revenue are Ontario Organics Private Limited, Sherwyn Pharmaceuticals Private Limited, Qualtra Pharmaceuticals Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Chanderdeep Arora ceased to be Director on 01 Mar 2024. Hitesh ceased to be Director on 19 Sep 2022. Gaurav Dhingra was appointed as Director on 14 Apr 2021. Wits Biotech has 6 board changes on record in total.
Yes, Wits Biotech is registered as a micro enterprise under Udyam registration (number: UDYAM-CH-01-0024572).
Wits Biotech can be reached through the website witsbiotech.com. Its registered office is in Chandigarh, India.
The registered office of Wits Biotech is at Shop No.11 Ground Floor Plot No.157 – A Village Sarangpur, Chandigarh, India – 160014.