

Ethicare Pharmaceuticals Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.89 M
- Company Age 32 Year, 2 Days
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 61.43 Cr
- Revenue Growth 2.07%
- Profit Growth 43.71%
- Ebitda -13.21%
- Net Worth 2.71%
- Total Assets -29.68%
About Ethicare Pharmaceuticals
Ethicare Pharmaceuticals Private Limited (EPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 May 1993 and has a history of 32 years. Its registered office is in Vadodara, 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 2.50 M and a paid-up capital of Rs 1.89 M.
The company has closed loans amounting to ₹61.43 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Shivam Patel, Ashish Bane, and Alkeshbhai Mandaliya serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24231GJ1993PTC019386
- Company No.
019386
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 May 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Ethicare Pharmaceuticals Private Limited offer?
Ethicare Pharmaceuticals Private Limited offers a wide range of products and services, including Anti Infective Drugs & Medicines, Antibiotic Tablets, Capsule & Syrup, Nutraceuticals & Dietary Supplements, Vitamin Tablets & Capsules, Antipyretic Medication, Paracetamol Tablets, Weight Loss Supplement, Methylcobalamin Tablets, Allopathic Cough Syrup, Dextromethorphan Cough Syrup.
Who are the key members and board of directors at Ethicare Pharmaceuticals?
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Shivam Patel ![]() | Director | 04-Feb-2023 | Current |
Ashish Bane | Director | 12-Dec-2024 | Current |
Alkeshbhai Mandaliya | Director | 12-Dec-2024 | Current |
Financial Performance of Ethicare Pharmaceuticals.
Ethicare Pharmaceuticals Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 2.07% increase. The company also saw a substantial improvement in profitability, with a 43.71% increase in profit. The company's net worth moved up by a moderate rise of 2.71%.


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What is the Ownership and Shareholding Structure of Ethicare Pharmaceuticals?
In 2024, Ethicare Pharmaceuticals had a public holding of 95.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Charges (Loans)
₹0
₹614.28 M
Charges Breakdown by Lending Institutions
- Gujarat State Financial Corlporation : 43.30 Cr
- The South Indian Bank Limited : 12.28 Cr
- Others : 5.75 Cr
- Bank Of Baroda : 0.10 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
08 Feb 2019 | The South Indian Bank Limited | ₹5.98 Cr | Satisfied |
14 Dec 2018 | The South Indian Bank Limited | ₹6.30 Cr | Satisfied |
31 Jul 2017 | Others | ₹1.25 Cr | Satisfied |
17 Oct 2016 | Others | ₹4.50 Cr | Satisfied |
09 Aug 1997 | Bank Of Baroda | ₹1.00 M | Satisfied |
How Many Employees Work at Ethicare Pharmaceuticals?
Unlock and access historical data on people associated with Ethicare Pharmaceuticals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Ethicare Pharmaceuticals, 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 Ethicare Pharmaceuticals'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 Ethicare Pharmaceuticals
Recent activity within the organization
- Director Appointment
Ashish Bhimrao Bane was appointed as a Director was appointed as a Director on 12 Dec 2024 & has been associated with this company since 4 months 24 days .
- Director Appointment
Alkeshbhai Maheshbhai Mandaliya was appointed as a Director was appointed as a Director on 12 Dec 2024 & has been associated with this company since 4 months 24 days .
- Annual General Meeting
Ethicare Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 08 Feb 2019 via Charge ID 100247764 with The South Indian Bank Limited was fully satisfied on 10 May 2024.
- Charges
A charge registered on 14 Dec 2018 via Charge ID 100241324 with The South Indian Bank Limited was fully satisfied on 10 May 2024.
- Balance Sheet
Ethicare Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Frequently asked questions
What is the Incorporation or founding date of Ethicare Pharmaceuticals Private Limited?
Ethicare Pharmaceuticals Private Limited was incorporated on 03 May 1993.
What is authorized share capital and paid-up capital of Ethicare Pharmaceuticals Private Limited?
The authorized share capital of Ethicare Pharmaceuticals Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.89 M.
Who are the current board members & directors of Ethicare Pharmaceuticals Private Limited?
Currently 3 directors are associated with Ethicare Pharmaceuticals Private Limited.
- Shivam Patel
- Ashish Bhimrao Bane
- Alkeshbhai Maheshbhai Mandaliya
What is the registered address of Ethicare Pharmaceuticals Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ethicare Pharmaceuticals Private Limited is 307 Gidc Vil-Por, Ramangamdi India, Baroda, Gujarat, 391243.
What is the corporate identification number (CIN) and company number of Ethicare Pharmaceuticals Private Limited?
The corporate identification number (CIN) of Ethicare Pharmaceuticals Private Limited is U24231GJ1993PTC019386 and the company number is 019386 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ethicare Pharmaceuticals Private Limited?
The Official website of Ethicare Pharmaceuticals Private Limited is https://www.ethicarepharma.in
What has been the recent revenue trend for Ethicare Pharmaceuticals Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Ethicare Pharmaceuticals Private Limited has risen by 2.07%.
What change has been observed in the net worth of Ethicare Pharmaceuticals Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Ethicare Pharmaceuticals Private Limited has experienced an upsurge of 2.71%.
When was the last Balance Sheet of Ethicare Pharmaceuticals Private Limited filed with the ROC?
The most recent Balance Sheet for Ethicare Pharmaceuticals Private Limited was filed with the ROC on 31 Mar 2024.
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