Espee Formulation Profile
Key Indicators
- Authorised Capital ₹ 9.00 M
- Paid Up Capital ₹ 8.00 M
- Company Age 36 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.28 Cr
- Revenue Growth -4.25%
- Profit Growth 43.26%
- Ebitda 88.33%
- Net Worth -34.12%
- Total Assets -4.99%
About Espee Formulation
Espee Formulation Private Limited (EFPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 July 1988 and has a history of 36 years and nine months. Its registered office is in Rajkot, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 9.00 M and a paid-up capital of Rs 8.00 M.
The company currently has active open charges totaling ₹2.28 Cr.
Jayesh Desai, Virendra Kothari, and Vijay Badani serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24231GJ1988PTC011043
- Company No.
011043
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Jul 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Pharma
What products or services does Espee Formulation Private Limited offer?
Espee Formulation Private Limited offers a wide range of products and services, including Anti Infective Drugs & Medicines, Antibiotic Tablets, Capsule & Syrup, Nutraceuticals & Dietary Supplements, Mineral Supplement, Digestive System Drugs & Medicines, Gastrointestinal Drugs, Dicyclomine Hydrochloride Medicine.
Espee Formulation Private Limited
Explore comprehensive data for Espee Formulation Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Espee Formulation?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayesh Desai  | Director | 21-Dec-2016 | Current |
| Virendra Kothari | Whole-Time Director | 28-Jul-1988 | Current |
| Vijay Badani | Whole-Time Director | 28-Jul-1988 | Current |
Financial Performance of Espee Formulation.
Espee Formulation Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.25% decrease. The company also saw a substantial improvement in profitability, with a 43.26% increase in profit. The company's net worth observed a substantial decline by a decrease of 34.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Espee Formulation?
In 2022, Espee Formulation had a promoter holding of 33.08% and a public holding of 66.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pinank Wires And Cables LlpJayesh Desai is a mutual person
- Tayan Creations Private Limited
Vijay Badani is a mutual person
Charges (Loans)
Open Charges
₹22.78 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1.53 Cr
- Central Bank Of India : 0.55 Cr
- Gujarat State Financial Corporation : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2021 | Others | ₹2.00 M | Open |
| 08 Jun 2020 | Others | ₹4.00 M | Open |
| 27 Dec 2019 | Others | ₹4.44 M | Open |
| 02 Jan 1998 | Others | ₹4.88 M | Open |
| 12 Dec 1997 | Central Bank Of India | ₹1.50 M | Open |
How Many Employees Work at Espee Formulation?
Espee Formulation has a workforce of 24 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Espee Formulation, 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 Espee Formulation'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 Espee Formulation
Recent activity within the organization
- Annual General Meeting
Espee Formulation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Espee Formulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others amounted to Rs. 2.00 M with Charge ID 100514120 was registered on 29 Nov 2021.
- Charges
A charge with Others amounted to Rs. 4.00 M with Charge ID 100345215 was registered on 08 Jun 2020.
- Charges
A charge with Others amounted to Rs. 4.44 M with Charge ID 100317427 was registered on 27 Dec 2019.
- Charges
A charge with Others of Rs. 4.88 M registered on 02 Jan 1998 with Charge ID 90100578 was modified on 15 Feb 2018.
Frequently asked questions
What is the Incorporation or founding date of Espee Formulation Private Limited?
Espee Formulation Private Limited was incorporated on 28 Jul 1988.
What is authorized share capital and paid-up capital of Espee Formulation Private Limited?
The authorized share capital of Espee Formulation Private Limited is ₹ 9.00 M and paid-up capital is ₹ 8.00 M.
Who are the current board members & directors of Espee Formulation Private Limited?
Currently 3 directors are associated with Espee Formulation Private Limited.
- Jayesh Kantilal Desai
- Virendra Champaklal Kothari
- Vijay Ramniklal Badani
What is the registered address of Espee Formulation Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Espee Formulation Private Limited is Sector No : 2 Plot 15 Shapar India, Rajkot, Gujarat, 360002.
What is the corporate identification number (CIN) and company number of Espee Formulation Private Limited?
The corporate identification number (CIN) of Espee Formulation Private Limited is U24231GJ1988PTC011043 and the company number is 011043 as per Ministry of Corporate Affairs (MCA).
What is the official website of Espee Formulation Private Limited?
The Official website of Espee Formulation Private Limited is https://www.espeeformulation.com
What has been the recent revenue trend for Espee Formulation Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Espee Formulation Private Limited has fallen by -4.25%.
How many employees does Espee Formulation Private Limited currently have?
As Per 2023 financial reports, 24 employees are currently employed by Espee Formulation Private Limited.
What change has been observed in the net worth of Espee Formulation Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Espee Formulation Private Limited has experienced an downturn of -34.12%.
What are the total open charges for Espee Formulation Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Espee Formulation Private Limited amount to ₹ 2.28 Cr.
When was the last Balance Sheet of Espee Formulation Private Limited filed with the ROC?
The most recent Balance Sheet for Espee Formulation Private Limited was filed with the ROC on 31 Mar 2024.
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