Kashmik Formulation Private Limited

Pharmaceutical company manufacturing medicines for humans under the brand name 'Kashmik'.

2017 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 27, 2024

Kashmik Formulation Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.78 Cr
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.20 Cr
  • Revenue Growth 245.16%
  • Profit Growth 77.54%
  • Ebitda 266.72%
  • Net Worth -3.44%
  • Total Assets 161.39%

About Kashmik Formulation

Kashmik Formulation Private Limited (KFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 11 January 2017 (Eight years and one month 13 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Nectarlife Care Private Limited. 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 Cr and a paid-up capital of Rs 8.78 Cr.

The company currently has active open charges totaling ₹22.20 Cr.

Nileshkumar Patel and Mahadevbhai Patel serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24239GJ2017PTC095077

  • Company No.

    095077

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jan 2017

  • 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 Kashmik Formulation Private Limited offer?

Kashmik Formulation Private Limited offers a wide range of products and services, including Anti Infective Drugs & Medicines, Antiparasitic Drug.

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

Board Members (2)

NameDesignationAppointment DateStatus
Nileshkumar Patel Country flag representing In Director 11-Jan-2017Current
Mahadevbhai Patel Country flag representing In Director 11-Jan-2017Current

Financial Performance of Kashmik Formulation.

Kashmik Formulation Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 245.16% increase. The company also saw a substantial improvement in profitability, with a 77.54% increase in profit. The company's net worth dipped by a decrease of 3.44%.

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
245.16%
Revenue from Operations
243.60%
Total Assets
161.39%
Profit or Loss
77.54%
Net Worth
-3.44%
EBITDA
266.72%

What is the Ownership and Shareholding Structure of Kashmik Formulation?

In 2023, Kashmik Formulation had a promoter holding of 55.94% and a public holding of 44.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.20 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 22.20 Cr

Latest Charge Details

DateLenderAmountStatus
24 Feb 2023State Bank Of India₹8.40 CrOpen
16 Jun 2022State Bank Of India₹2.00 MOpen
26 Feb 2021State Bank Of India₹13.60 CrOpen

How Many Employees Work at Kashmik Formulation?

Kashmik Formulation has a workforce of 29 employees as of Apr 04, 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 Kashmik 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 Kashmik 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 Kashmik Formulation

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 13.60 Cr registered on 26 Feb 2021 with Charge ID 100428023 was modified on 07 Nov 2024.

    07 Nov 2024

  • Annual General Meeting

    Kashmik Formulation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Kashmik Formulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 8.40 Cr with Charge ID 100683747 was registered on 24 Feb 2023.

    24 Feb 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.20 Cr with Charge ID 100612926 was registered on 16 Jun 2022.

    16 Jun 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 13.60 Cr with Charge ID 100428023 was registered on 26 Feb 2021.

    26 Feb 2021

Frequently asked questions

  • Kashmik Formulation Private Limited was incorporated on 11 Jan 2017.

  • The authorized share capital of Kashmik Formulation Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.78 Cr.

  • Currently 2 directors are associated with Kashmik Formulation Private Limited.

    • Nileshkumar Mahadevbhai Patel
    • Mahadevbhai Naranbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kashmik Formulation Private Limited is 403 Shilp Aperia Nr Landmark Hotel Iscon Ambli Road Bodakdev India, Ahmedabad, Gujarat, 380052.

  • The corporate identification number (CIN) of Kashmik Formulation Private Limited is U24239GJ2017PTC095077 and the company number is 095077 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kashmik Formulation Private Limited is https://www.kashmikformulation.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Kashmik Formulation Private Limited has risen by 245.16%.

  • As Per 2022 financial reports, 29 employees are currently employed by Kashmik Formulation Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Kashmik Formulation Private Limited has experienced an downturn of -3.44%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Kashmik Formulation Private Limited amount to ₹ 22.20 Cr.

  • The most recent Balance Sheet for Kashmik Formulation Private Limited was filed with the ROC on 31 Mar 2024.

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