Genericart Medicine Private Limited

National generic medicine store franchise with online presence, serving over 30 lakh customers.

2016 | Sangli, Maharashtra (India) | Active
Last Updated: October 24, 2024

Genericart Medicine Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.75 Cr
  • Revenue Growth 2.29%
  • Profit Growth -74.48%
  • Ebitda 41.55%
  • Net Worth 7.36%
  • Total Assets 26.28%

About Genericart Medicine

Genericart Medicine Private Limited (GMPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 02 February 2016 (Eight years and 11 months 29 days old ). Its registered office is in Sangli, Maharashtra, 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 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.75 Cr.

Taherin Sayyed, Salim Sayyad, Shripad Kolhatkar, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24290PN2016PTC158184

  • Company No.

    158184

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Pharma

Who are the key members and board of directors at Genericart Medicine?

Board Members (4)

NameDesignationAppointment DateStatus
Shripad Kolhatkar Country flag representing In Director 02-Feb-2016Current
Taherin Sayyed Country flag representing In Director 01-Jul-2020Current
Salim Sayyad Country flag representing In Director 02-Feb-2016Current
Smita Kolhatkar Country flag representing In Director 01-Jul-2020Current

Financial Performance of Genericart Medicine.

Genericart Medicine Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.29% increase. The company also saw a substantial fall in profitability, with a 74.48% decrease in profit. The company's net worth moved up by a moderate rise of 7.36%.

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
2.29%
Revenue from Operations
2.35%
Total Assets
26.28%
Profit or Loss
-74.48%
Net Worth
7.36%
EBITDA
41.55%

What is the Ownership and Shareholding Structure of Genericart Medicine?

In 2023, Genericart Medicine had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.75 Cr

Latest Charge Details

DateLenderAmountStatus
04 Feb 2022Others₹5.75 CrOpen

How Many Employees Work at Genericart Medicine?

Genericart Medicine has a workforce of 102 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 Genericart Medicine, 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 Genericart Medicine'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 Genericart Medicine

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Genericart Medicine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.75 Cr with Charge ID 100532798 was registered on 04 Feb 2022.

    04 Feb 2022

  • Director Appointment

    Taherin Salim Sayyed was appointed as a Director was appointed as a Director on 01 Jul 2020 & has been associated with this company since 4 years 7 months .

    01 Jul 2020

  • Director Appointment

    Smita Shripad Kolhatkar was appointed as a Director was appointed as a Director on 01 Jul 2020 & has been associated with this company since 4 years 7 months .

    01 Jul 2020

  • Director Appointment

    Salim Ansar Sayyad was appointed as a Director was appointed as a Director on 02 Feb 2016 & has been associated with this company since 8 years 11 months .

    02 Feb 2016

Frequently asked questions

  • Genericart Medicine Private Limited was incorporated on 02 Feb 2016.

  • The authorized share capital of Genericart Medicine Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Genericart Medicine Private Limited.

    • Taherin Salim Sayyed
    • Salim Ansar Sayyad
    • Shripad Manohar Kolhatkar
    • Smita Shripad Kolhatkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Genericart Medicine Private Limited is Genericart House New S. No. 224/2 Bhokare Colony Opp. Reliance Petrol Pump, Chandanwadi India, Miraj, Maharashtra, 416410.

  • The corporate identification number (CIN) of Genericart Medicine Private Limited is U24290PN2016PTC158184 and the company number is 158184 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Genericart Medicine Private Limited is https://www.genericartmedicine.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Genericart Medicine Private Limited has risen by 2.29%.

  • As Per 2023 financial reports, 102 employees are currently employed by Genericart Medicine Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Genericart Medicine Private Limited has experienced an upsurge of 7.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Genericart Medicine Private Limited amount to ₹ 5.75 Cr.

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