Licot Formulations Private Limited

Pharmaceutical company providing healthcare services and medicines since 2016.

2017 | Srinagar, Jammu & Kashmir (India) | Active
Last Updated: January 02, 2025

Licot Formulations Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -17.64%
  • Profit Growth -20.69%
  • Ebitda -4.52%
  • Net Worth 25.73%
  • Total Assets -13.62%

About Licot Formulations

Licot Formulations Private Limited (LFPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 July 2017 (Seven years and six months 23 days old ). Its registered office is in Srinagar, Jammu & Kashmir, India.

The Company is engaged in the Healthcare 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ashiq Sheikh and Fareeda Sultan serve as directors at the Company.

Company Details

  • Location

    Srinagar, Jammu & Kashmir, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999JK2017PTC010056

  • Company No.

    010056

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jammu

Industry

Healthcare
Pharma

Who are the key members and board of directors at Licot Formulations?

Board Members (2)

Name Designation Appointment Date Status
Ashiq Sheikh Country flag representing In Director 27-Jul-2017 Current
Fareeda Sultan Country flag representing In Director 27-Jul-2017 Current

Financial Performance of Licot Formulations.

Licot Formulations Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 17.64% decrease. The company also saw a substantial fall in profitability, with a 20.69% decrease in profit. The company's net worth Soared by an impressive increase of 25.73%.

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
-17.64%
Revenue from Operations
-17.64%
Total Assets
-13.62%
Profit or Loss
-20.69%
Net Worth
25.73%
EBITDA
-4.52%

What is the Ownership and Shareholding Structure of Licot Formulations?

In 2021, Licot Formulations 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Licot Formulations?

Licot Formulations has a workforce of 30 employees as of Apr 02, 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 Licot Formulations, 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 Licot Formulations'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 Licot Formulations

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Licot Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jammu.

    31 Mar 2024

  • Director Appointment

    Ashiq Hussian Sheikh was appointed as a Director was appointed as a Director on 27 Jul 2017 & has been associated with this company since 7 years 6 months .

    27 Jul 2017

  • Director Appointment

    Fareeda Sultan was appointed as a Director was appointed as a Director on 27 Jul 2017 & has been associated with this company since 7 years 6 months .

    27 Jul 2017

  • Company Incorporation

    Licot Formulations Private Limited was registered on 27 Jul 2017 with Roc Jammu & aged 7 years 6 months as per MCA records.

    27 Jul 2017

Frequently asked questions

  • Licot Formulations Private Limited was incorporated on 27 Jul 2017.

  • The authorized share capital of Licot Formulations Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Licot Formulations Private Limited.

    • Ashiq Hussian Sheikh
    • Fareeda Sultan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Licot Formulations Private Limited is H.No. 75, Near Gole Market Karanagar Jammu Kashmir India, Srinagar, Jammu & Kashmir, 190010.

  • The corporate identification number (CIN) of Licot Formulations Private Limited is U74999JK2017PTC010056 and the company number is 010056 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Licot Formulations Private Limited has fallen by -17.64%.

  • As Per 2022 financial reports, 30 employees are currently employed by Licot Formulations Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Licot Formulations Private Limited has experienced an upsurge of 25.73%.

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