Asence Pharma Private Limited

Pharmaceutical company exporting/trading formulations and APIs, with plans for manufacturing facility expansion.

2004 | Vadodara, Gujarat (India) | Active
Last Updated: January 11, 2025

Asence Pharma Profile

Key Indicators

  • Authorised Capital ₹ 9.10 Cr
  • Paid Up Capital ₹ 1.00 M
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.88 Cr
  • Satisfied Charges ₹ 10.60 Cr

About Asence Pharma

Asence Pharma Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 December 2004 and has a history of 20 years and one month. Its registered office is in Vadodara, Gujarat, India.

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 9.10 Cr and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹27.88 Cr. The company has closed loans amounting to ₹10.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Umesh Shah, Mohal Sarabhai, Mayurkumar Swadia, and One other member serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24230GJ2004PTC045141

  • Company No.

    045141

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 2004

  • Date of AGM

    25 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

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

Executive Team (1)

Name Designation Appointment Date Status
Mohal Sarabhai Country flag representing In Managing Director 18-May-2005 Current

Board Members (3)

Name Designation Appointment Date Status
Mayurkumar Swadia Country flag representing In Director 09-Nov-2020 Current
Umesh Shah Country flag representing In Director 29-Jun-2017 Current
Ashokkumar Shah Country flag representing In Director 02-Jul-2019 Current

Financial Performance of Asence Pharma.

Asence Pharma Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Asence Pharma?

In 2022, Asence Pharma had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.88 Cr

Satisfied Charges

₹10.60 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 22.69 Cr
  • Others : 5.19 Cr

Latest Charge Details

Date Lender Amount Status
30 Apr 2024 Others ₹2.20 Cr Open
04 Jan 2024 Bank Of India ₹1.40 M Open
03 Mar 2023 Others ₹1.00 Cr Open
02 Jan 2023 Bank Of India ₹7.00 Cr Open
29 Dec 2022 Bank Of India ₹7.00 Cr Open

How Many Employees Work at Asence Pharma?

Asence Pharma has a workforce of 60 employees as of Apr 08, 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 Asence 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 Asence 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 Asence Pharma

Recent activity within the organization

  • Annual General Meeting

    Asence Pharma Private Limited last Annual general meeting of members was held on 25 Jun 2024 as per latest MCA records.

    25 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 2.20 Cr with Charge ID 100919340 was registered on 30 Apr 2024.

    30 Apr 2024

  • Balance Sheet

    Asence 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 Bank Of India amounted to Rs. 0.14 Cr with Charge ID 100841923 was registered on 04 Jan 2024.

    04 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100692540 was registered on 03 Mar 2023.

    03 Mar 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 7.00 Cr with Charge ID 100677423 was registered on 02 Jan 2023.

    02 Jan 2023

Frequently asked questions

  • Asence Pharma Private Limited was incorporated on 14 Dec 2004.

  • The authorized share capital of Asence Pharma Private Limited is ₹ 9.10 Cr and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Asence Pharma Private Limited.

    • Umesh Shah
    • Mohal Kartikeya Sarabhai
    • Mayurkumar Kishorchandra Swadia
    • Ashokkumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asence Pharma Private Limited is Asence House Gorwa Road, India, Vadodara, Gujarat, 390023.

  • The corporate identification number (CIN) of Asence Pharma Private Limited is U24230GJ2004PTC045141 and the company number is 045141 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asence Pharma Private Limited is https://www.ase.life

  • As Per 2021 financial reports, 60 employees are currently employed by Asence Pharma Private Limited.

  • As per the financial statements for fiscal Year 2021, The total open charges for Asence Pharma Private Limited amount to ₹ 27.88 Cr.

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

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