Avenue Remedies India Private Limited

Produces pharmaceuticals and medicinal products since 2004, based in Chandigarh.

2004 | Chandigarh, Chandigarh (India) | Active
Last Updated: August 14, 2024

Avenue Remedies India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.25 Cr
  • Satisfied Charges ₹ 2.69 Cr
  • Revenue Growth 6.95%
  • Profit Growth 64.61%
  • Ebitda 59.10%
  • Net Worth 12.77%
  • Total Assets 4.39%

About Avenue Remedies India

Avenue Remedies India Private Limited (ARIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 December 2004 and has a history of 20 years and one month. Its registered office is in Chandigarh, Chandigarh, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.25 Cr. The company has closed loans amounting to ₹2.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harjinder Singh and Kuljeet Kaur serve as directors at the Company.

Company Details

  • Location

    Chandigarh, Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24230CH2004PTC027700

  • Company No.

    027700

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Pharma

Who are the key members and board of directors at Avenue Remedies India?

Board Members (2)

Name Designation Appointment Date Status
Harjinder Singh Country flag representing In Director 15-Apr-2005 Current
Kuljeet Kaur Country flag representing In Director 07-Feb-2012 Current

Financial Performance of Avenue Remedies India.

Avenue Remedies India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.95% increase. The company also saw a substantial improvement in profitability, with a 64.61% increase in profit. The company's net worth Soared by an impressive increase of 12.77%.

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
6.95%
Revenue from Operations
6.81%
Total Assets
4.39%
Profit or Loss
64.61%
Net Worth
12.77%
EBITDA
59.10%

What is the Ownership and Shareholding Structure of Avenue Remedies India?

Unlock access to Avenue Remedies India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.50 M

Satisfied Charges

₹26.90 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.00 Cr
  • Vijaya Bank : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2021 Hdfc Bank Limited ₹1.00 Cr Open
07 Dec 2005 Vijaya Bank ₹2.50 M Open
11 Aug 2006 State Bank Of Patiala ₹1.25 Cr Satisfied
10 Mar 2006 Vijaya Bank ₹2.40 M Satisfied
07 Dec 2005 Vijaya Bank ₹6.00 M Satisfied

How Many Employees Work at Avenue Remedies India?

Avenue Remedies India has a workforce of 74 employees as of Aug 14, 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 Avenue Remedies 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 Avenue Remedies 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 Avenue Remedies India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Avenue Remedies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100490299 was registered on 30 Sep 2021.

    30 Sep 2021

  • Charges

    A charge registered on 11 Aug 2006 via Charge ID 10015573 with State Bank Of Patiala was fully satisfied on 24 Feb 2021.

    24 Feb 2021

  • Charges

    A charge registered on 10 Mar 2006 via Charge ID 90369930 with Vijaya Bank was fully satisfied on 10 Jun 2015.

    10 Jun 2015

  • Charges

    A charge registered on 07 Dec 2005 via Charge ID 90369898 with Vijaya Bank was fully satisfied on 10 Jun 2015.

    10 Jun 2015

Frequently asked questions

  • Avenue Remedies India Private Limited was incorporated on 07 Dec 2004.

  • The authorized share capital of Avenue Remedies India Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Avenue Remedies India Private Limited.

    • Harjinder Singh
    • Kuljeet Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avenue Remedies India Private Limited is B507 5Th Floor Elante Office Plot No. 178-178A, Industrial & Business Park Phase-1, Chandigarh, India, 160002.

  • The corporate identification number (CIN) of Avenue Remedies India Private Limited is U24230CH2004PTC027700 and the company number is 027700 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avenue Remedies India Private Limited has risen by 6.95%.

  • As Per 2023 financial reports, 74 employees are currently employed by Avenue Remedies India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avenue Remedies India Private Limited has experienced an upsurge of 12.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avenue Remedies India Private Limited amount to ₹ 1.25 Cr.

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

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