Espee Formulation Private Limited logo

Espee Formulation Private Limited

Manufactures medical supplies and pharmaceutical formulations, including wadding, bandages, and medicines.
1988 | Rajkot, Gujarat (India) | Active

Last Updated:

June 18, 2024
HomeCompanyEspee Formulation Private Limited

Who are the key members and board of directors at Espee Formulation?

Board Members(3)

NameDesignationAppointment DateStatus
Vijay Badani In Whole-Time Director 28-Jul-1988Current
Virendra Kothari In Whole-Time Director 28-Jul-1988Current
Jayesh Desai In Director 21-Dec-2016Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.25%
Revenue from Operations
-4.02%
Total Assets
-4.99%
Profit or Loss
43.26%
Net Worth
-34.12%
EBITDA
88.33%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹22.78 M

LenderAmountStatus

Others

Creation Date: 29 Nov 2021
₹2.00 MOpen

Others

Creation Date: 08 Jun 2020
₹4.00 MOpen

Others

Creation Date: 27 Dec 2019
₹4.44 MOpen

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.

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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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Espee Formulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100514120 was registered on 29 Nov 2021.

    29 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 4.00 M with Charge ID 100345215 was registered on 08 Jun 2020.

    08 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 4.44 M with Charge ID 100317427 was registered on 27 Dec 2019.

    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.

    15 Feb 2018

Frequently asked questions

  • Espee Formulation Private Limited was incorporated on 28 Jul 1988.

  • The authorized share capital of Espee Formulation Private Limited is ₹ 9.00 M and paid-up capital is ₹ 6.00 M.

  • Currently 3 directors are associated with Espee Formulation Private Limited.

    • Vijay Ramniklal Badani
    • Virendra Champaklal Kothari
    • Jayesh Kantilal Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Espee Formulation Private Limited is Sector No : 2 Plot No : 15 Shapar, Rajkot, Gujarat, India, 360002.

  • 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).

  • The Official website of Espee Formulation Private Limited is https://www.espeeformulation.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Espee Formulation Private Limited has fallen by -4.25%.

  • As Per 2023 financial reports, 24 employees are currently employed by Espee Formulation Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Espee Formulation Private Limited amount to ₹ 2.28 Cr.

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

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