Avik Pharmaceutical Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 10.88 Cr
- Company Age 45 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.43 Cr
- Satisfied Charges ₹ 19.02 Cr
- Revenue Growth 25.22%
- Profit Growth 49.19%
- Ebitda 28.50%
- Net Worth 536.70%
- Total Assets 15.80%
About Avik Pharmaceutical
Avik Pharmaceutical Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 September 1979 and has a history of 45 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Avik Pharmaceuticals 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 2024. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 10.88 Cr.
The company currently has active open charges totaling ₹20.43 Cr. The company has closed loans amounting to ₹19.02 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avik Pharmaceutical Limited India is Chandrashekar Shetty as CFO. Neha Thakore, Anant Thakore, and Jeevan Nagori serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999MH1979PLC021711
- Company No.
021711
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Sep 1979
- Date of AGM
12 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Pharma
What products or services does Avik Pharmaceutical Limited offer?
Avik Pharmaceutical Limited offers a wide range of products and services, including Inspection & Quality Check Services, Quality Inspection Service.
Who are the key members and board of directors at Avik Pharmaceutical?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chandrashekar Shetty  | CFO | 23-Sep-2019 | Current |
| Anant Thakore | Managing Director | 25-Sep-1979 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neha Thakore | Whole-Time Director | 22-Jul-2013 | Current |
| Jeevan Nagori | Director | 18-Nov-2013 | Current |
Financial Performance of Avik Pharmaceutical.
Avik Pharmaceutical Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.22% increase. The company also saw a substantial improvement in profitability, with a 49.19% increase in profit. The company's net worth Soared by an impressive increase of 536.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avik Pharmaceutical?
In 2023, Avik Pharmaceutical had a promoter holding of 50.00% and a public holding of 50.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Neema Sales LlpNeha Thakore is a mutual person
Anantco Enterprises Private LimitedNeha Thakore and Anant Thakore are mutual person
Aether Industries LimitedJeevan Nagori is a mutual person
Anantco Pharmachem Private LimitedNeha Thakore and Anant Thakore are mutual person
- Neema Sales Private Limited
Neha Thakore is a mutual person
- Unilink Impex Private Limited
Jeevan Nagori is a mutual person
Charges (Loans)
Open Charges
₹20.43 Cr
Satisfied Charges
₹19.02 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 20.43 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 May 2015 | Yes Bank Limited | ₹20.43 Cr | Open |
| 21 Apr 1999 | Indian Bank | ₹12.39 Cr | Satisfied |
| 04 Mar 1998 | Central Bank Of India | ₹1.30 Cr | Satisfied |
| 28 Apr 1994 | Indian Bank | ₹2.50 M | Satisfied |
| 11 May 1991 | Indian Bank | ₹1.85 Cr | Satisfied |
How Many Employees Work at Avik Pharmaceutical?
Avik Pharmaceutical has a workforce of 174 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avik Pharmaceutical, 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 Avik Pharmaceutical's trajectory.
Rating
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
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 Avik Pharmaceutical
Recent activity within the organization
- Annual General Meeting
Avik Pharmaceutical Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.
- Balance Sheet
Avik Pharmaceutical Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Yes Bank Limited of Rs. 20.43 Cr registered on 20 May 2015 with Charge ID 10574529 was modified on 20 Feb 2023.
- Director Appointment
Chandrashekar Koraga Shetty was appointed as a Cfo was appointed as a Cfo on 23 Sep 2019 & has been associated with this company since 5 years 5 months .
- Charges
A charge with Yes Bank Limited amounted to Rs. 20.43 Cr with Charge ID 10574529 was registered on 20 May 2015.
- Director Appointment
Jeevan Lal Nagori was appointed as a Director was appointed as a Director on 18 Nov 2013 & has been associated with this company since 11 years 3 months .
Frequently asked questions
What is the Incorporation or founding date of Avik Pharmaceutical Limited?
Avik Pharmaceutical Limited was incorporated on 25 Sep 1979.
What is authorized share capital and paid-up capital of Avik Pharmaceutical Limited?
The authorized share capital of Avik Pharmaceutical Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.88 Cr.
Who are the current board members & directors of Avik Pharmaceutical Limited?
Currently 4 directors are associated with Avik Pharmaceutical Limited.
- Neha Anant Thakore
- Chandrashekar Koraga Shetty
- Anant Rajendralal Thakore
- Jeevan Lal Nagori
What is the registered address of Avik Pharmaceutical Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avik Pharmaceutical Limited is Arvind Chambers Gauri Compound 188 Kurla Road Ground Floor Western Express Highway, Dheri (E) India, Mumbai, Maharashtra, 400069.
What is the corporate identification number (CIN) and company number of Avik Pharmaceutical Limited?
The corporate identification number (CIN) of Avik Pharmaceutical Limited is U99999MH1979PLC021711 and the company number is 021711 as per Ministry of Corporate Affairs (MCA).
What is the official website of Avik Pharmaceutical Limited?
The Official website of Avik Pharmaceutical Limited is https://www.avikpharma.com
What has been the recent revenue trend for Avik Pharmaceutical Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Avik Pharmaceutical Limited has risen by 25.22%.
How many employees does Avik Pharmaceutical Limited currently have?
As Per 2023 financial reports, 174 employees are currently employed by Avik Pharmaceutical Limited.
What change has been observed in the net worth of Avik Pharmaceutical Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Avik Pharmaceutical Limited has experienced an upsurge of 536.70%.
What are the total open charges for Avik Pharmaceutical Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Avik Pharmaceutical Limited amount to ₹ 20.43 Cr.
When was the last Balance Sheet of Avik Pharmaceutical Limited filed with the ROC?
The most recent Balance Sheet for Avik Pharmaceutical Limited was filed with the ROC on 31 Mar 2024.
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