Assurgen Pharma Private Limited

Manufacturer and trader of APIs and intermediates, with global export capabilities and WHO-GMP certification.

2013 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: July 26, 2024

Assurgen Pharma Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 75.46 Cr
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.50 Cr
  • Satisfied Charges ₹ 23.29 Cr
  • Revenue Growth 2.92%
  • Profit Growth 1.42%
  • Ebitda 10.03%
  • Net Worth 643.98%
  • Total Assets 7.34%

About Assurgen Pharma

Assurgen Pharma Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 October 2013 and has a history of 11 years and four months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 75.46 Cr.

The company currently has active open charges totaling ₹23.50 Cr. The company has closed loans amounting to ₹23.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Assurgen Pharma Private Limited India is Ishak Mohammed as COMPANY SECRETARY. Ravi Potluri, Dr Stark, Nagendra Kukalakunta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    assurgenpharma.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24232AP2013PTC090442

  • Company No.

    090442

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Oct 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Pharma

What products or services does Assurgen Pharma Private Limited offer?

Assurgen Pharma Private Limited offers a wide range of products and services, including Pharmaceutical Medicine, API (Active Pharmaceutical Ingredients), Blood System and Cardiovascular API.

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

Executive Team (2)

Name Designation Appointment Date Status
Nagendra Kukalakunta Country flag representing In Managing Director 10-Oct-2013 Current
Ishak Mohammed Company Secretary 17-Mar-2022 Current

Board Members (5)

Name Designation Appointment Date Status
Srinivasa Vayetla Country flag representing In Director 30-Nov-2017 Current
Ravi Potluri Country flag representing In Director 20-Dec-2016 Current
Dr Stark Country flag representing De Director 16-Aug-2019 Current
Naveen Parupalli Country flag representing In Director 10-Oct-2013 Current
Paidi Rao Country flag representing Us Director 15-Nov-2014 Current

Financial Performance of Assurgen Pharma.

Assurgen Pharma Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.92% increase. The company also saw a slight improvement in profitability, with a 1.42% increase in profit. The company's net worth Soared by an impressive increase of 643.98%.

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
2.92%
Revenue from Operations
2.83%
Total Assets
7.34%
Profit or Loss
1.42%
Net Worth
643.98%
EBITDA
10.03%

What is the Ownership and Shareholding Structure of Assurgen Pharma?

In 2023, Assurgen Pharma had a promoter holding of 90.91% and a public holding of 9.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.50 Cr

Satisfied Charges

₹23.29 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.50 Cr

Latest Charge Details

Date Lender Amount Status
30 Oct 2021 Hdfc Bank Limited ₹23.50 Cr Open
28 Jan 2019 Others ₹8.00 M Satisfied
05 Aug 2017 Others ₹4.00 Cr Satisfied
27 Mar 2017 Others ₹2.49 Cr Satisfied
24 Nov 2015 Andhra Pradesh State Financial Corporation. ₹16.00 Cr Satisfied

How Many Employees Work at Assurgen Pharma?

Assurgen Pharma has a workforce of 135 employees as of Mar 28, 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 Assurgen 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 Assurgen 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 Assurgen Pharma

Recent activity within the organization

  • Annual General Meeting

    Assurgen Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Assurgen Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 23.50 Cr registered on 30 Oct 2021 with Charge ID 100514026 was modified on 26 Oct 2022.

    26 Oct 2022

  • Charges

    A charge registered on 27 Mar 2017 via Charge ID 100088373 with Others was fully satisfied on 04 Jan 2022.

    04 Jan 2022

  • Charges

    A charge registered on 24 Nov 2015 via Charge ID 10604135 with Andhra Pradesh State Financial Corporation. was fully satisfied on 04 Jan 2022.

    04 Jan 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 23.50 Cr with Charge ID 100514026 was registered on 30 Oct 2021.

    30 Oct 2021

Frequently asked questions

  • Assurgen Pharma Private Limited was incorporated on 10 Oct 2013.

  • The authorized share capital of Assurgen Pharma Private Limited is ₹ 80.00 Cr and paid-up capital is ₹ 75.46 Cr.

  • Currently 7 directors are associated with Assurgen Pharma Private Limited.

    • Ravi Kumar Potluri
    • Dr Georg Stark
    • Nagendra Rao Kukalakunta
    • Srinivasa Rao Vayetla
    • Naveen Parupalli
    • Paidi Lakshman Rao
    • Ishak Ali Mohammed
  • As per Ministry of Corporate Affairs (Mca), the registered address of Assurgen Pharma Private Limited is Plot No.23E Lalamkoduru Village Rambilli MandalApsez Denotified AreaAt, Chutapuram, Visakhapatnam, Andhra Pradesh, India, 531011.

  • The corporate identification number (CIN) of Assurgen Pharma Private Limited is U24232AP2013PTC090442 and the company number is 090442 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Assurgen Pharma Private Limited is https://www.assurgenpharma.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Assurgen Pharma Private Limited has risen by 2.92%.

  • As Per 2023 financial reports, 135 employees are currently employed by Assurgen Pharma Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Assurgen Pharma Private Limited has experienced an upsurge of 643.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Assurgen Pharma Private Limited amount to ₹ 23.50 Cr.

  • The most recent Balance Sheet for Assurgen Pharma Private Limited was filed with the ROC on 31 Mar 2023.

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