Abbvie Therapeutics India Private Limited

Sells ophthalmic products, incorporated in 1994, based in Karnataka.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Abbvie Therapeutics India Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.00 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 7.86%
  • Profit Growth 7.63%
  • Ebitda 8.84%
  • Net Worth -33.10%
  • Total Assets -6.14%

About Abbvie Therapeutics India

Abbvie Therapeutics India Private Limited (ATIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 July 1994 and has a history of 30 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Allergan India Limited. The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Abbvie Therapeutics India Private Limited India is Perumal Chinnaiah as COMPANY SECRETARY. Ajay Piramal, Swati Piramal, Suresh Pattathil, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    abbvie.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33201KA1994PTC023162

  • Company No.

    023162

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 1994

  • Date of AGM

    11 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Healthcare

What products or services does Abbvie Therapeutics India Private Limited offer?

Abbvie Therapeutics India Private Limited offers a wide range of products and services, including Diabetic Medicines, Vitamins, Minerals & Antioxidants.

Who are the key members and board of directors at Abbvie Therapeutics India?

Executive Team (2)

NameDesignationAppointment DateStatus
Suresh Pattathil Country flag representing In Managing Director10-Jul-2020Current
Perumal Chinnaiah Company Secretary03-Nov-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Ajay Piramal Country flag representing In Director 29-Sep-2015Current
Swati Piramal Country flag representing In Director 26-Mar-2002Current
Vidhan Kedia Country flag representing In Director 24-Jan-2023Current
Vivek Valsaraj Country flag representing In Director 22-Feb-2022Current
Hong Shi Country flag representing Au Director 01-Feb-2024Current
Kesavan Gopinath Country flag representing In Director 13-Sep-2023Current

Financial Performance of Abbvie Therapeutics India.

Abbvie Therapeutics India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.86% increase. The company also saw a slight improvement in profitability, with a 7.63% increase in profit. The company's net worth observed a substantial decline by a decrease of 33.1%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
7.86%
Revenue from Operations
7.52%
Total Assets
-6.14%
Profit or Loss
7.63%
Net Worth
-33.10%
EBITDA
8.84%

What is the Ownership and Shareholding Structure of Abbvie Therapeutics India?

In 2023, Abbvie Therapeutics India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Abbvie Therapeutics India?

Abbvie Therapeutics India has a workforce of 386 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abbvie Therapeutics India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Abbvie Therapeutics India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Abbvie Therapeutics India

Recent activity within the organization

  • Director Appointment

    Hong Liu Shi was appointed as a Director was appointed as a Director on 01 Feb 2024 & has been associated with this company since 1 year 19 days .

    01 Feb 2024

  • Annual General Meeting

    Abbvie Therapeutics India Private Limited last Annual general meeting of members was held on 11 Aug 2023 as per latest MCA records.

    11 Aug 2023

  • Balance Sheet

    Abbvie Therapeutics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Vivek Valsaraj was appointed as a Director was appointed as a Director on 22 Feb 2022 & has been associated with this company since 2 years 11 months .

    22 Feb 2022

  • Director Appointment

    Suresh Pattathil was appointed as a Managing Director was appointed as a Managing Director on 10 Jul 2020 & has been associated with this company since 4 years 7 months .

    10 Jul 2020

  • Director Appointment

    Ajay Gopikisan Piramal was appointed as a Director was appointed as a Director on 29 Sep 2015 & has been associated with this company since 9 years 4 months .

    29 Sep 2015

Frequently asked questions

  • Abbvie Therapeutics India Private Limited was incorporated on 04 Jul 1994.

  • The authorized share capital of Abbvie Therapeutics India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.00 Cr.

  • Currently 8 directors are associated with Abbvie Therapeutics India Private Limited.

    • Ajay Gopikisan Piramal
    • Swati Ajay Piramal
    • Suresh Pattathil
    • Vidhan Kedia
    • Vivek Valsaraj
    • Hong Liu Shi
    • Perumal Chinnaiah
    • Kesavan Gopinath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abbvie Therapeutics India Private Limited is Prestige Obelisk Level 6 And 7 Kasturba Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Abbvie Therapeutics India Private Limited is U33201KA1994PTC023162 and the company number is 023162 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abbvie Therapeutics India Private Limited is https://www.abbvie.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abbvie Therapeutics India Private Limited has risen by 7.86%.

  • As Per 2023 financial reports, 386 employees are currently employed by Abbvie Therapeutics India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abbvie Therapeutics India Private Limited has experienced an downturn of -33.10%.

  • The most recent Balance Sheet for Abbvie Therapeutics India Private Limited was filed with the ROC on 31 Mar 2023.

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