Altova Healthcare Limited

This company formulates and manufactures pharmaceutical, ayurvedic, and nutraceutical products.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Altova Healthcare Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.62 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.05 Cr
  • Revenue Growth 46.64%
  • Profit Growth -5.30%
  • Ebitda -36.19%
  • Net Worth 1.53%
  • Total Assets 5.53%

About Altova Healthcare

Altova Healthcare Limited (AHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 May 2007 and has a history of 17 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Altova Healthcare 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 0.62 M.

The company currently has active open charges totaling ₹2.05 Cr.

Dipti Abhishek, Preetam Shetgiri, Rahila Khan, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    altovahealthcare.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85100MH2007PLC170801

  • Company No.

    170801

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 May 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

What products or services does Altova Healthcare Limited offer?

Altova Healthcare Limited offers a wide range of products and services, including Common Disease Medicines, Ointment, Skin Creams, Neomycin Cream, Pharma Franchise, PCD Pharma Franchise, Diaper Rash cream, Psoriasis Ointment, Cardiovascular Drugs & Medication, Cardiac Drugs.

Who are the key members and board of directors at Altova Healthcare?

Board Members (4)

NameDesignationAppointment DateStatus
Yogendra Mungale Country flag representing In Director 01-Apr-2011Current
Dipti Abhishek Country flag representing In Director 14-May-2007Current
Preetam Shetgiri Country flag representing In Director 19-Dec-2012Current
Rahila Khan Country flag representing In Director 19-Dec-2012Current

Financial Performance of Altova Healthcare.

Altova Healthcare Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.64% increase. The company also saw a slight decrease in profitability, with a 5.3% decrease in profit. The company's net worth moved up by a moderate rise of 1.53%.

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
46.64%
Revenue from Operations
46.57%
Total Assets
5.53%
Profit or Loss
-5.30%
Net Worth
1.53%
EBITDA
-36.19%

What is the Ownership and Shareholding Structure of Altova Healthcare?

In 2023, Altova Healthcare had a promoter holding of 24.19% and a public holding of 75.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.05 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.60 Cr
  • Bank Of India : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
09 Oct 2018Others₹1.60 CrOpen
26 Nov 2011Bank Of India₹4.50 MOpen

How Many Employees Work at Altova Healthcare?

Unlock and access historical data on people associated with Altova Healthcare, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Altova Healthcare, 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 Altova Healthcare'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 Altova Healthcare

Recent activity within the organization

  • Annual General Meeting

    Altova Healthcare Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Altova Healthcare Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100211452 was registered on 09 Oct 2018.

    09 Oct 2018

  • Director Appointment

    Preetam Prakash Shetgiri was appointed as a Director was appointed as a Director on 19 Dec 2012 & has been associated with this company since 12 years 2 months .

    19 Dec 2012

  • Director Appointment

    Rahila Wasi Khan was appointed as a Director was appointed as a Director on 19 Dec 2012 & has been associated with this company since 12 years 2 months .

    19 Dec 2012

  • Charges

    A charge with Bank Of India amounted to Rs. 0.45 Cr with Charge ID 10323787 was registered on 26 Nov 2011.

    26 Nov 2011

Frequently asked questions

  • Altova Healthcare Limited was incorporated on 14 May 2007.

  • The authorized share capital of Altova Healthcare Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.62 M.

  • Currently 4 directors are associated with Altova Healthcare Limited.

    • Dipti Samant Abhishek
    • Preetam Prakash Shetgiri
    • Rahila Wasi Khan
    • Yogendra Gangaram Mungale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Altova Healthcare Limited is 2G Ground Floor New Udyog Mandir Premises Mogul Lane, Mahim India, Mumbai, Maharashtra, 400016.

  • The corporate identification number (CIN) of Altova Healthcare Limited is U85100MH2007PLC170801 and the company number is 170801 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Altova Healthcare Limited is https://www.altovahealthcare.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Altova Healthcare Limited has risen by 46.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Altova Healthcare Limited has experienced an upsurge of 1.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Altova Healthcare Limited amount to ₹ 2.05 Cr.

  • The most recent Balance Sheet for Altova Healthcare Limited was filed with the ROC on 31 Mar 2023.

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