Elegant Drugs Private Limited

Pharmaceutical company developing and exporting healthcare products since 1988.

1988 | Hubli, Karnataka (India) | Active
Last Updated: July 07, 2024

Elegant Drugs Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.60 Cr
  • Satisfied Charges ₹ 2.21 Cr
  • Revenue Growth -55.43%
  • Profit Growth 46.86%
  • Ebitda 22.43%
  • Net Worth -325.20%
  • Total Assets 19.26%

About Elegant Drugs

Elegant Drugs Private Limited (EDPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 August 1988 and has a history of 36 years and six months. Its registered office is in Hubli, Karnataka, 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹2.60 Cr. The company has closed loans amounting to ₹2.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Koteswara Yechuri, Seetha Subramaniyam, Bharatkumar Ostawal, and One other member serve as directors at the Company.

Company Details

  • Location

    Hubli, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    elegantdrugs.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02423KA1988PTC009345

  • Company No.

    009345

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Pharma

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajashekar Pattanashetti Country flag representing In Managing Director24-Dec-1997Current

Board Members (3)

NameDesignationAppointment DateStatus
Koteswara Yechuri Country flag representing In Director 13-Jan-2022Current
Seetha Subramaniyam Country flag representing In Director 13-Jan-2022Current
Bharatkumar Ostawal Country flag representing In Director 24-Dec-1997Current

Financial Performance of Elegant Drugs.

Elegant Drugs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.43% decrease. The company also saw a substantial improvement in profitability, with a 46.86% increase in profit. The company's net worth observed a substantial decline by a decrease of 325.2%.

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
-55.43%
Revenue from Operations
-56.24%
Total Assets
19.26%
Profit or Loss
46.86%
Net Worth
-325.20%
EBITDA
22.43%

What is the Ownership and Shareholding Structure of Elegant Drugs?

In 2023, Elegant Drugs 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

₹26.00 M

Satisfied Charges

₹22.12 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.60 Cr

Latest Charge Details

DateLenderAmountStatus
13 Nov 2009Axis Bank Limited₹2.60 CrOpen
15 Sep 2008Punjab National Bank₹1.35 MSatisfied
31 May 2006Punjab National Bank₹1.30 MSatisfied
13 Mar 2005Punjab National Bank₹0.34 MSatisfied
31 Mar 1997Punjab National Bank₹1.10 CrSatisfied

How Many Employees Work at Elegant Drugs?

Elegant Drugs has a workforce of 8 employees as of Apr 07, 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 Elegant Drugs, 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 Elegant Drugs'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 Elegant Drugs

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Elegant Drugs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Koteswara Rao Yechuri was appointed as a Director was appointed as a Director on 13 Jan 2022 & has been associated with this company since 3 years 1 month .

    13 Jan 2022

  • Director Appointment

    Seetha Raman Subramaniyam was appointed as a Director was appointed as a Director on 13 Jan 2022 & has been associated with this company since 3 years 1 month .

    13 Jan 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 26.00 M registered on 13 Nov 2009 with Charge ID 10190982 was modified on 29 Jun 2015.

    29 Jun 2015

  • Charges

    A charge registered on 15 Sep 2008 via Charge ID 10121952 with Punjab National Bank was fully satisfied on 23 Feb 2010.

    23 Feb 2010

Frequently asked questions

  • Elegant Drugs Private Limited was incorporated on 08 Aug 1988.

  • The authorized share capital of Elegant Drugs Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

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

    • Koteswara Rao Yechuri
    • Seetha Raman Subramaniyam
    • Bharatkumar Bhanwarlal Ostawal
    • Rajashekar Channasangappa Pattanashetti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elegant Drugs Private Limited is R.S. No.59/3A ChalamattiVillage Sarwar Road Hubli, Karnataka, India.

  • The corporate identification number (CIN) of Elegant Drugs Private Limited is U02423KA1988PTC009345 and the company number is 009345 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elegant Drugs Private Limited is https://www.elegantdrugs.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elegant Drugs Private Limited has fallen by -55.43%.

  • As Per 2023 financial reports, 8 employees are currently employed by Elegant Drugs Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Elegant Drugs Private Limited has experienced an downturn of -325.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Elegant Drugs Private Limited amount to ₹ 2.60 Cr.

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