Bestcare Formulations Private Limited

Manufacturer of pharmaceutical products with advanced machinery and adherence to quality standards.

2011 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: August 31, 2024

Bestcare Formulations Profile

Key Indicators

  • Authorised Capital ₹ 1.70 Cr
  • Paid Up Capital ₹ 1.62 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.07 Cr
  • Revenue Growth -1.98%
  • Profit Growth -63.24%
  • Ebitda -31.94%
  • Net Worth 2.36%
  • Total Assets 3.06%

About Bestcare Formulations

Bestcare Formulations Private Limited (BFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 2011 and has a history of 13 years and six months. Its registered office is in Coimbatore, Tamil Nadu, 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 1.70 Cr and a paid-up capital of Rs 1.62 Cr.

The company currently has active open charges totaling ₹7.07 Cr.

Selvaramu Kasi and Deva Manivannan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24232TZ2011PTC017247

  • Company No.

    017247

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Pharma

Who are the key members and board of directors at Bestcare Formulations?

Board Members (2)

Name Designation Appointment Date Status
Selvaramu Kasi Country flag representing In Director 12-Jul-2011 Current
Deva Manivannan Country flag representing In Director 12-Jul-2011 Current

Financial Performance of Bestcare Formulations.

Bestcare Formulations Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.98% decrease. The company also saw a substantial fall in profitability, with a 63.24% decrease in profit. The company's net worth moved up by a moderate rise of 2.36%.

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
-1.98%
Revenue from Operations
-1.61%
Total Assets
3.06%
Profit or Loss
-63.24%
Net Worth
2.36%
EBITDA
-31.94%

What is the Ownership and Shareholding Structure of Bestcare Formulations?

Unlock access to Bestcare Formulations'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

₹7.07 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.97 Cr
  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
24 Apr 2023 Others ₹1.00 M Open
20 Jun 2013 State Bank Of India ₹6.97 Cr Open

How Many Employees Work at Bestcare Formulations?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bestcare Formulations, 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 Bestcare Formulations'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 Bestcare Formulations

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 6.97 Cr registered on 20 Jun 2013 with Charge ID 10438415 was modified on 24 Jul 2023.

    24 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100714601 was registered on 24 Apr 2023.

    24 Apr 2023

  • Balance Sheet

    Bestcare Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.97 Cr with Charge ID 10438415 was registered on 20 Jun 2013.

    20 Jun 2013

  • Director Appointment

    Selvaramu Kasi was appointed as a Director was appointed as a Director on 12 Jul 2011 & has been associated with this company since 13 years 6 months .

    12 Jul 2011

Frequently asked questions

  • Bestcare Formulations Private Limited was incorporated on 12 Jul 2011.

  • The authorized share capital of Bestcare Formulations Private Limited is ₹ 1.70 Cr and paid-up capital is ₹ 1.62 Cr.

  • Currently 2 directors are associated with Bestcare Formulations Private Limited.

    • Selvaramu Kasi
    • Deva Gounder Manivannan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bestcare Formulations Private Limited is No-79 Periya Subbannan Street, K.K.Pudur Saibaba Colony, Coimbatore, Tamil Nadu, India, 641038.

  • The corporate identification number (CIN) of Bestcare Formulations Private Limited is U24232TZ2011PTC017247 and the company number is 017247 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bestcare Formulations Private Limited has fallen by -1.98%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bestcare Formulations Private Limited has experienced an upsurge of 2.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bestcare Formulations Private Limited amount to ₹ 7.07 Cr.

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