Althea Pharma Private Limited

This company manufactures and markets parenteral solutions, electrolytes, and diuretics with a large production capacity.

2004 | Valsad, Gujarat (India) | Active
Last Updated: December 24, 2024

Althea Pharma Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 6.88 M
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.31 Cr
  • Satisfied Charges ₹ 7.72 Cr
  • Revenue Growth 32.70%
  • Profit Growth 437.52%
  • Ebitda 11.81%
  • Net Worth 304.99%
  • Total Assets -2.25%

About Althea Pharma

Althea Pharma Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 May 2004 and has a history of 20 years and eight months. Its registered office is in Valsad, Gujarat, India.

The Corporate was formerly known as Alpha Polypharma Private Limited. The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 6.88 M.

The company currently has active open charges totaling ₹4.31 Cr. The company has closed loans amounting to ₹7.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vaibhav Jain and Aakanksha Jain serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24232GJ2004PTC044200

  • Company No.

    044200

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 May 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Althea Pharma Private Limited offer?

Althea Pharma Private Limited offers a wide range of products and services, including Pain Relief Drugs & Pharmaceuticals, Antipyretic Medication, Common Disease Medicines, IV Fluids, Anti Infective Drugs & Medicines, Antiparasitic Drug, Injectable Products.

Who are the key members and board of directors at Althea Pharma?

Board Members (2)

Name Designation Appointment Date Status
Vaibhav Jain Country flag representing In Director 23-Jun-2014 Current
Aakanksha Jain Country flag representing In Director 16-Oct-2017 Current

Financial Performance of Althea Pharma.

Althea Pharma Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 32.7% increase. The company also saw a substantial improvement in profitability, with a 437.52% increase in profit. The company's net worth Soared by an impressive increase of 304.99%.

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
32.70%
Revenue from Operations
31.12%
Total Assets
-2.25%
Profit or Loss
437.52%
Net Worth
304.99%
EBITDA
11.81%

What is the Ownership and Shareholding Structure of Althea Pharma?

In 2021, Althea Pharma had a promoter holding of 10.36% and a public holding of 89.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.31 Cr

Satisfied Charges

₹7.72 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.31 Cr

Latest Charge Details

Date Lender Amount Status
18 May 2023 Others ₹3.50 Cr Open
31 Dec 2022 Others ₹5.60 M Open
19 May 2022 Others ₹2.50 M Open
07 Jun 2007 Bank Of Baroda ₹7.72 Cr Satisfied

How Many Employees Work at Althea Pharma?

Althea Pharma has a workforce of 57 employees as of Apr 04, 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 Althea Pharma, 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 Althea Pharma'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 Althea Pharma

Recent activity within the organization

  • Annual General Meeting

    Althea Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Althea Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100733382 was registered on 18 May 2023.

    18 May 2023

  • Charges

    A charge with Others amounted to Rs. 0.56 Cr with Charge ID 100661491 was registered on 31 Dec 2022.

    31 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100581686 was registered on 19 May 2022.

    19 May 2022

  • Director Appointment

    Aakanksha Purnandu Jain was appointed as a Director was appointed as a Director on 16 Oct 2017 & has been associated with this company since 7 years 3 months .

    16 Oct 2017

Frequently asked questions

  • Althea Pharma Private Limited was incorporated on 27 May 2004.

  • The authorized share capital of Althea Pharma Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 6.88 M.

  • Currently 2 directors are associated with Althea Pharma Private Limited.

    • Vaibhav Purnandu Jain
    • Aakanksha Purnandu Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Althea Pharma Private Limited is Room No.403, Al-Husan Place Godal Nagar India, Vapi, Gujarat, 396191.

  • The corporate identification number (CIN) of Althea Pharma Private Limited is U24232GJ2004PTC044200 and the company number is 044200 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Althea Pharma Private Limited is https://www.altheapharma.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Althea Pharma Private Limited has risen by 32.70%.

  • As Per 2021 financial reports, 57 employees are currently employed by Althea Pharma Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Althea Pharma Private Limited has experienced an upsurge of 304.99%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Althea Pharma Private Limited amount to ₹ 4.31 Cr.

  • The most recent Balance Sheet for Althea Pharma Private Limited was filed with the ROC on 31 Mar 2024.

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