Averx Drugs Private Limited

Averx Drugs Private Limited

Pharmaceutical company manufacturing and distributing various drugs and chemical products.
2014 | Visakhapatnam, Andhra Pradesh (India) | Active

Last Updated:

December 13, 2024
HomeCompanyAverx Drugs Private Limited

Who are the key members and board of directors at Averx Drugs?

Executive Team (1)

NameDesignationAppointment DateStatus
Nagasekhar Ramineni InManaging Director27-Mar-2019Current

Board Members(3)

NameDesignationAppointment DateStatus
Srinivas Ramineni In Additional Director 29-Jan-2024Current
Vns Kurapati In Director 26-Aug-2014Current
Dhana Tirupathi In Director 25-Apr-2015Current

Financial Performance of Averx Drugs.

Averx Drugs Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 209.54% increase. The company also saw a substantial improvement in profitability, with a 69.93% increase in profit. The company's net worth Soared by an impressive increase of 67.39%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
209.54%
Revenue from Operations
231.65%
Total Assets
14.92%
Profit or Loss
69.93%
Net Worth
67.39%
EBITDA
165.67%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹7.48 Cr

LenderAmountStatus

Others

Creation Date: 05 Sep 2018
₹2.13 CrOpen

Others

Creation Date: 31 Aug 2016
₹5.35 CrOpen

How Many Employees Work at Averx Drugs?

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

Employee Graph

Deals i

Rating

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Latest Updates, News, and FAQs on Averx Drugs

Recent activity within the organization

  • Director Appointment

    Srinivas Ramineni was appointed as a Additional Director was appointed as a Additional Director on 29 Jan 2024 & has been associated with this company since 11 months 5 days .

    29 Jan 2024

  • Annual General Meeting

    Averx Drugs Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Averx Drugs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.

    31 Mar 2021

  • Director Appointment

    Nagasekhar Ramineni was appointed as a Managing Director was appointed as a Managing Director on 27 Mar 2019 & has been associated with this company since 5 years 9 months .

    27 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 2.13 Cr with Charge ID 100202612 was registered on 05 Sep 2018.

    05 Sep 2018

  • Charges

    A charge with Others amounted to Rs. 5.35 Cr with Charge ID 100047169 was registered on 31 Aug 2016.

    31 Aug 2016

Frequently asked questions

  • Averx Drugs Private Limited was incorporated on 26 Aug 2014.

  • The authorized share capital of Averx Drugs Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.91 Cr.

  • Currently 4 directors are associated with Averx Drugs Private Limited.

    • Srinivas Ramineni
    • Vns Gopal Raju Kurapati
    • Dhana Lakshmi Tirupathi
    • Nagasekhar Ramineni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Averx Drugs Private Limited is Plot No 27A 32A And 27A31 Denotified Area Lalamkoduru Rambilli, Atchuthapuram India, Paravada, Andhra Pradesh, 531019.

  • The corporate identification number (CIN) of Averx Drugs Private Limited is U24100AP2014PTC095163 and the company number is 095163 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Averx Drugs Private Limited has risen by 209.54%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Averx Drugs Private Limited has experienced an upsurge of 67.39%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Averx Drugs Private Limited amount to ₹ 7.48 Cr.

  • The most recent Balance Sheet for Averx Drugs Private Limited was filed with the ROC on 31 Mar 2021.

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