Concord Biotech Limited

Manufacturer of APIs in various segments, with global presence and offering contract research and manufacturing services.

1984 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Concord Biotech Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.46 Cr
  • Company Age 40 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 155.00 Cr
  • Satisfied Charges ₹ 44.77 Cr
  • Revenue Growth 16.79%
  • Profit Growth -24.12%
  • Ebitda -16.46%
  • Net Worth 10.75%
  • Total Assets 11.04%

About Concord Biotech

Concord Biotech Limited (CBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 November 1984 and has a history of 40 years and five months. Its registered office is in Ahmedabad, Gujarat.

The Corporate was formerly known as Servomed Pharmaceuticals Private Limited. The Company is engaged in the Chemicals 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 11.00 Cr and a paid-up capital of Rs 10.46 Cr.

The company currently has active open charges totaling ₹155.00 Cr. The company has closed loans amounting to ₹44.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Concord Biotech Limited India are Prakash Sajnani as COMPANY SECRETARY and Lalit Sethi as Cfo. Ravi Kapoor, Amitabh Thakore, Sudhir Vaid, and Six other members serve as directors at the Company.

Company Details

  • Location Ahmedabad, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24230GJ1984PLC007440

  • Company No.

    007440

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 1984

  • Date of AGM

    07 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals
Company report

Concord Biotech Limited

Explore comprehensive data for Concord Biotech Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Concord Biotech?

Executive Team (4)

NameDesignationAppointment DateStatus
Sudhir Vaid Country flag representing In Managing Director14-Feb-2011Current
Ankur Vaid Country flag representing In Managing Director01-Sep-2011Current
Prakash Sajnani Country flag representing In Company Secretary15-Feb-2004Current
Lalit Sethi CFO14-Mar-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Ravi Kapoor Country flag representing In Director 15-Dec-2003Current
Rajiv Agarwal Country flag representing In Director 30-Jun-2008Current
Amitabh Thakore Country flag representing In Director 31-Jan-2017Current
Arvind Agarwal Country flag representing In Director 24-May-2022Current
Jayaram Easwaran Country flag representing In Director 14-Jun-2022Current
Bharti Khanna Country flag representing In Director 31-Jan-2017Current

Financial Performance of Concord Biotech.

Concord Biotech Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.79% increase. The company also saw a substantial fall in profitability, with a 24.12% decrease in profit. The company's net worth Soared by an impressive increase of 10.75%.

Concord Biotech revenue growth over time
Concord Biotech 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
16.79%
Revenue from Operations
15.66%
Total Assets
11.04%
Profit or Loss
-24.12%
Net Worth
10.75%
EBITDA
-16.46%

What is the Ownership and Shareholding Structure of Concord Biotech?

In 2022, Concord Biotech had a promoter holding of 44.11% and a public holding of 55.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹155.00 Cr

Satisfied Charges

₹44.77 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 110.00 Cr
  • Axis Bank Limited : 45.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Oct 2019State Bank Of India₹110.00 CrOpen
27 Jan 2003Axis Bank Limited₹45.00 CrOpen
11 Aug 2015Citi Bank N.A.₹30.82 CrSatisfied
09 Dec 2014Citi Bank N.A.₹10.00 CrSatisfied
23 Jan 2012Citibank N. A.₹3.70 CrSatisfied

How Many Employees Work at Concord Biotech?

Concord Biotech has a workforce of 1327 employees as of Apr 09, 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.

Employee growth trends for Concord Biotech Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Concord Biotech, 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 Concord Biotech'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 Concord Biotech

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 45.00 Cr registered on 27 Jan 2003 with Charge ID 90099613 was modified on 31 Jul 2023.

  • Annual General Meeting

    Concord Biotech Limited last Annual general meeting of members was held on 07 Jul 2023 as per latest MCA records.

  • Balance Sheet

    Concord Biotech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Jayaram Easwaran was appointed as a Director was appointed as a Director on 14 Jun 2022 & has been associated with this company since 2 years 11 months .

  • Director Appointment

    Chakravarthy Sriraman Mandayam was appointed as a Director was appointed as a Director on 14 Jun 2022 & has been associated with this company since 2 years 11 months .

  • Director Appointment

    Arvind Motilal Agarwal was appointed as a Director was appointed as a Director on 24 May 2022 & has been associated with this company since 2 years 11 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Concord Biotech Limited?

    Concord Biotech Limited was incorporated on 23 Nov 1984.

  • What is authorized share capital and paid-up capital of Concord Biotech Limited?

    The authorized share capital of Concord Biotech Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.46 Cr.

  • Who are the current board members & directors of Concord Biotech Limited?

    Currently 11 directors are associated with Concord Biotech Limited.

    • Ravi Kapoor
    • Amitabh Gajendra Thakore
    • Sudhir Jairam Vaid
    • Arvind Motilal Agarwal
    • Rajiv Ambrish Agarwal
    • Ankur Vaid
    • Jayaram Easwaran
    • Bharti Khanna
    • Chakravarthy Sriraman Mandayam
    • Prakash Lalchand Sajnani
    • Lalit Jiwan Sethi

  • What is the registered address of Concord Biotech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Concord Biotech Limited is 1482-86 Trasad Road Dholka India, Ahmedabad, Gujarat, 387810.

  • What is the corporate identification number (CIN) and company number of Concord Biotech Limited?

    The corporate identification number (CIN) of Concord Biotech Limited is L24230GJ1984PLC007440 and the company number is 007440 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Concord Biotech Limited?

    The Official website of Concord Biotech Limited is https://www.concordbiotech.com

  • What has been the recent revenue trend for Concord Biotech Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Concord Biotech Limited has risen by 16.79%.

  • How many employees does Concord Biotech Limited currently have?

    As Per 2022 financial reports, 1327 employees are currently employed by Concord Biotech Limited.

  • What change has been observed in the net worth of Concord Biotech Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Concord Biotech Limited has experienced an upsurge of 10.75%.

  • What are the total open charges for Concord Biotech Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Concord Biotech Limited amount to ₹ 155.00 Cr.

  • When was the last Balance Sheet of Concord Biotech Limited filed with the ROC?

    The most recent Balance Sheet for Concord Biotech Limited was filed with the ROC on 31 Mar 2023.

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