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

Espee Formulation Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 six 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 2023. It's a company limited by shares with an authorized capital of Rs 9.00 M and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹2.28 Cr.

Vijay Badani, Virendra Kothari, and Jayesh Desai serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    espeeformulation.com

  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

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

Board Members (3)

NameDesignationAppointment DateStatus
Vijay Badani Country flag representing In Whole-Time Director 28-Jul-1988Current
Virendra Kothari Country flag representing In Whole-Time Director 28-Jul-1988Current
Jayesh Desai Country flag representing 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%.

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
-4.25%
Revenue from Operations
-4.02%
Total Assets
-4.99%
Profit or Loss
43.26%
Net Worth
-34.12%
EBITDA
88.33%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
29 Nov 2021Others₹2.00 MOpen
08 Jun 2020Others₹4.00 MOpen
27 Dec 2019Others₹4.44 MOpen
02 Jan 1998Others₹4.88 MOpen
12 Dec 1997Central Bank Of India₹1.50 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.