Cure Medicines (India) Private Limited

Pharmaceutical company manufacturing tablets, capsules, and liquid orals for global distribution.

2003 | Pune, Maharashtra (India) | Active
Last Updated: July 27, 2024

Cure Medicines (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth -42.32%
  • Profit Growth -510.92%
  • Ebitda -292.70%
  • Net Worth -26.56%
  • Total Assets 25.89%

About Cure Medicines (India)

Cure Medicines (India) Private Limited (CMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 March 2003 and has a history of 21 years and ten months. Its registered office is in Pune, Maharashtra, 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 5.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹8.00 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shyam Bothikar and Ulhas Puranik serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24230PN2003PTC140047

  • Company No.

    140047

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Pharma

Who are the key members and board of directors at Cure Medicines (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Shyam Bothikar Country flag representing In Director 15-Mar-2007Current
Ulhas Puranik Country flag representing In Director 15-Mar-2007Current

Financial Performance of Cure Medicines (India).

Cure Medicines (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.32% decrease. The company also saw a substantial fall in profitability, with a 510.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 26.56%.

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
-42.32%
Revenue from Operations
-42.68%
Total Assets
25.89%
Profit or Loss
-510.92%
Net Worth
-26.56%
EBITDA
-292.70%

What is the Ownership and Shareholding Structure of Cure Medicines (India)?

In 2023, Cure Medicines (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹80.00 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • Others : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2024Others₹5.00 CrOpen
11 Nov 2022Others₹8.50 MOpen
15 Oct 2022Others₹1.50 MOpen
13 Aug 2003Others₹2.00 CrOpen
07 Jul 2017Others₹5.00 MSatisfied

How Many Employees Work at Cure Medicines (India)?

Cure Medicines (India) has a workforce of 42 employees as of Apr 01, 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 Cure Medicines (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 Cure Medicines (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 Cure Medicines (India)

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100936395 was registered on 30 Mar 2024.

    30 Mar 2024

  • Annual General Meeting

    Cure Medicines (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

    Cure Medicines (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 8.50 M with Charge ID 100646107 was registered on 11 Nov 2022.

    11 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100646269 was registered on 15 Oct 2022.

    15 Oct 2022

  • Charges

    A charge registered on 07 Jul 2017 via Charge ID 100114284 with Others was fully satisfied on 09 Apr 2019.

    09 Apr 2019

Frequently asked questions

  • Cure Medicines (India) Private Limited was incorporated on 26 Mar 2003.

  • The authorized share capital of Cure Medicines (India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Cure Medicines (India) Private Limited.

    • Shyam Pralhad Bothikar
    • Ulhas Rajaram Puranik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cure Medicines (India) Private Limited is CurehouseC-12-13MidcBhosari, Pune, Maharashtra, India, 411026.

  • The corporate identification number (CIN) of Cure Medicines (India) Private Limited is U24230PN2003PTC140047 and the company number is 140047 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Cure Medicines (India) Private Limited is https://www.curemedicines.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Cure Medicines (India) Private Limited has fallen by -42.32%.

  • As Per 2023 financial reports, 42 employees are currently employed by Cure Medicines (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Cure Medicines (India) Private Limited has experienced an downturn of -26.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Cure Medicines (India) Private Limited amount to ₹ 8.00 Cr.

  • The most recent Balance Sheet for Cure Medicines (India) Private Limited was filed with the ROC on 31 Mar 2023.

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