Korten Pharmaceuticals Private Limited

Pharmaceutical company with two WHO CGMP approved manufacturing units for injectables, eye/ear drops, and nasal spray.

1990 | Mumbai, Maharashtra (India) | Active
Last Updated: December 28, 2024

Korten Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.40 Cr
  • Satisfied Charges ₹ 50.42 Cr
  • Revenue Growth 4.97%
  • Profit Growth 87.10%
  • Ebitda 33.83%
  • Net Worth 11.28%
  • Total Assets 30.06%

About Korten Pharmaceuticals

Korten Pharmaceuticals Private Limited (KPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 November 1990 and has a history of 34 years and three months. Its registered office is in Mumbai, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹1.40 Cr. The company has closed loans amounting to ₹50.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pravin Jain, Rahul Jain, and Uttamchand Jain serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    korten.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24239MH1990PTC058797

  • Company No.

    058797

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

Who are the key members and board of directors at Korten Pharmaceuticals?

Board Members (3)

NameDesignationAppointment DateStatus
Pravin Jain Country flag representing In Director 15-Feb-2014Current
Rahul Jain Country flag representing In Director 05-Jan-2013Current
Uttamchand Jain Country flag representing In Director 05-Jan-2013Current

Financial Performance of Korten Pharmaceuticals.

Korten Pharmaceuticals Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.97% increase. The company also saw a substantial improvement in profitability, with a 87.1% increase in profit. The company's net worth Soared by an impressive increase of 11.28%.

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
4.97%
Revenue from Operations
4.89%
Total Assets
30.06%
Profit or Loss
87.10%
Net Worth
11.28%
EBITDA
33.83%

What is the Ownership and Shareholding Structure of Korten Pharmaceuticals?

In 2022, Korten Pharmaceuticals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.40 Cr

Satisfied Charges

₹50.42 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 1.40 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 1996The Hongkong And Shanghai Banking Corporation Limited₹5.00 MOpen
05 Feb 1996The Hongkong And Shanghai Banking Corporation Limited₹5.00 MOpen
02 Nov 1994The Hongkong And Shanghai Banking Corporation Limited₹4.00 MOpen
04 Jul 2019Others₹1.85 CrSatisfied
05 Nov 2016Others₹2.00 CrSatisfied

How Many Employees Work at Korten Pharmaceuticals?

Korten Pharmaceuticals has a workforce of 176 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 Korten 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 Korten Pharmaceuticals'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 Korten Pharmaceuticals

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Korten Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 28 Feb 1995 via Charge ID 90152463 with Maharashtra State Financial Corporation was fully satisfied on 30 Aug 2022.

    30 Aug 2022

  • Charges

    A charge registered on 28 Jun 2002 via Charge ID 90153903 with Janakalyan Sahakari Bank Ltd. was fully satisfied on 24 Jun 2021.

    24 Jun 2021

  • Charges

    A charge registered on 22 Sep 2001 via Charge ID 90153842 with Janakalyan Sahakari Bank Ltd. was fully satisfied on 24 Jun 2021.

    24 Jun 2021

  • Charges

    A charge registered on 20 Sep 2001 via Charge ID 90154654 with Janakalyan Sahakari Bank Ltd. was fully satisfied on 24 Jun 2021.

    24 Jun 2021

Frequently asked questions

  • Korten Pharmaceuticals Private Limited was incorporated on 05 Nov 1990.

  • The authorized share capital of Korten Pharmaceuticals Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 3 directors are associated with Korten Pharmaceuticals Private Limited.

    • Pravin Keshrimal Jain
    • Rahul Ashokkumar Jain
    • Uttamchand Kesharimal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Korten Pharmaceuticals Private Limited is Gala No.40 Damji Shamji Industrial Complex Mahakali Caves Road, Andheri East India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Korten Pharmaceuticals Private Limited is U24239MH1990PTC058797 and the company number is 058797 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Korten Pharmaceuticals Private Limited is https://www.korten.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Korten Pharmaceuticals Private Limited has risen by 4.97%.

  • As Per 2022 financial reports, 176 employees are currently employed by Korten Pharmaceuticals Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Korten Pharmaceuticals Private Limited has experienced an upsurge of 11.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Korten Pharmaceuticals Private Limited amount to ₹ 1.40 Cr.

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

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