Maan Pharmaceuticals Ltd

Manufacturer of pharmaceutical formulations and veterinary medicines for various therapeutic areas, exporting globally.

1988 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Maan Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 7.14 Cr
  • Company Age 36 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.40 Cr
  • Satisfied Charges ₹ 46.21 Cr
  • Revenue Growth 31.01%
  • Profit Growth 79.70%
  • Ebitda 53.86%
  • Net Worth 41.95%
  • Total Assets -0.28%

About Maan Pharmaceuticals

Maan Pharmaceuticals Ltd (MPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 May 1988 and has a history of 36 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Maan Pharmaceuticals P Ltd. 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 7.50 Cr and a paid-up capital of Rs 7.14 Cr.

The company currently has active open charges totaling ₹37.40 Cr. The company has closed loans amounting to ₹46.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lalbhai Desai, Vishnu Desai, Hemendra Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1988PLC010699

  • Company No.

    010699

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 May 1988

  • 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 Maan Pharmaceuticals Ltd offer?

Maan Pharmaceuticals Ltd offers a wide range of products and services, including Mineral Supplement, Ferrous Ascorbate Tablet, Health Care Service, Trade Consultation Service, Export Consultants, Medical Consultants & Clinics, Medical Consultancy Services, Pharmaceutical Consultants, Marketing Services & Consultants, Sales Support Services.

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

Board Members (5)

NameDesignationAppointment DateStatus
Lalbhai Desai Country flag representing In Director 01-May-2013Current
Vishnu Desai Country flag representing In Director 30-Oct-2024Current
Hemendra Patel Country flag representing In Director 01-Apr-2011Current
Nilesh Ranka Country flag representing In Director 10-Jul-2013Current
Anil Bhambhani Country flag representing In Director 30-Sep-2024Current

Financial Performance of Maan Pharmaceuticals.

Maan Pharmaceuticals Ltd, for the financial year ended 2024, experienced significant growth in revenue, with a 31.01% increase. The company also saw a substantial improvement in profitability, with a 79.7% increase in profit. The company's net worth Soared by an impressive increase of 41.95%.

Maan Pharmaceuticals revenue growth over time
Maan Pharmaceuticals 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
31.01%
Revenue from Operations
30.25%
Total Assets
-0.28%
Profit or Loss
79.70%
Net Worth
41.95%
EBITDA
53.86%

What is the Ownership and Shareholding Structure of Maan Pharmaceuticals?

In 2024, Maan Pharmaceuticals had a promoter holding of 69.22% and a public holding of 30.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.40 Cr

Satisfied Charges

₹46.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 27.40 Cr
  • The Mehsana Urban Co-Operative Bank Limited : 8.50 Cr
  • The Mehsana Urban Co-Op Bank Ltd : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 Aug 2020Others₹2.40 CrOpen
10 Mar 2016Others₹3.00 CrOpen
26 Mar 2013The Mehsana Urban Co-Operative Bank Limited₹4.00 CrOpen
24 Aug 2011Others₹22.00 CrOpen
23 Aug 2011The Mehsana Urban Co-Operative Bank Limited₹4.50 CrOpen

How Many Employees Work at Maan Pharmaceuticals?

Maan Pharmaceuticals has a workforce of 27 employees as of Feb 26, 2025. 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.

Employee growth trends for Maan Pharmaceuticals Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maan 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 Maan 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 Maan Pharmaceuticals

Recent activity within the organization

  • Director Appointment

    Vishnu Motibhai Desai was appointed as a Director was appointed as a Director on 30 Oct 2024 & has been associated with this company since 4 months 7 days .

  • Annual General Meeting

    Maan Pharmaceuticals Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Anil Hari Bhambhani was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 5 months 6 days .

  • Balance Sheet

    Maan Pharmaceuticals Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 16 Oct 2017 via Charge ID 100132145 with Others was fully satisfied on 27 Mar 2024.

  • Charges

    A charge with Others of Rs. 22.00 Cr registered on 24 Aug 2011 with Charge ID 10598696 was modified on 17 Feb 2024.

Recent News, Updates & Announcement

  • Maan Pharmaceuticals news update on market trends
    Gujarat: 3 companies restrained from launching diabetes medicine.

    A commercial court here has temporarily restrained three Gujarat-based pharmaceutical companies – Cadila Healthcare Ltd, Maan Pharmaceutical Ltd and West Coast Pharmaceutical Works Ltd – from manufacturing and launching in the market a medicine for Type-2 diabetes..

    TNN

Frequently asked questions

  • What is the Incorporation or founding date of Maan Pharmaceuticals Ltd?

    Maan Pharmaceuticals Ltd was incorporated on 13 May 1988.

  • What is authorized share capital and paid-up capital of Maan Pharmaceuticals Ltd?

    The authorized share capital of Maan Pharmaceuticals Ltd is ₹ 7.50 Cr and paid-up capital is ₹ 7.14 Cr.

  • Who are the current board members & directors of Maan Pharmaceuticals Ltd?

    Currently 5 directors are associated with Maan Pharmaceuticals Ltd.

    • Lalbhai Maljibhai Desai
    • Vishnu Motibhai Desai
    • Hemendra Atmaram Patel
    • Nilesh Narendrakumar Ranka
    • Anil Hari Bhambhani
  • What is the registered address of Maan Pharmaceuticals Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Maan Pharmaceuticals Ltd is 506 Samedh Near Associated Petrol Pump C.G.Road, Ell Isbridge India, Ahmedabad, Gujarat, 380006.

  • What is the corporate identification number (CIN) and company number of Maan Pharmaceuticals Ltd?

    The corporate identification number (CIN) of Maan Pharmaceuticals Ltd is U24231GJ1988PLC010699 and the company number is 010699 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Maan Pharmaceuticals Ltd?

    The Official website of Maan Pharmaceuticals Ltd is https://www.maanpharma.com

  • What has been the recent revenue trend for Maan Pharmaceuticals Ltd?

    According to the financial reports for the fiscal year 2024, the revenue trend for Maan Pharmaceuticals Ltd has risen by 31.01%.

  • How many employees does Maan Pharmaceuticals Ltd currently have?

    As Per 2024 financial reports, 27 employees are currently employed by Maan Pharmaceuticals Ltd.

  • What change has been observed in the net worth of Maan Pharmaceuticals Ltd, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Maan Pharmaceuticals Ltd has experienced an upsurge of 41.95%.

  • What are the total open charges for Maan Pharmaceuticals Ltd?

    As per the financial statements for fiscal Year 2024, The total open charges for Maan Pharmaceuticals Ltd amount to ₹ 37.40 Cr.

  • When was the last Balance Sheet of Maan Pharmaceuticals Ltd filed with the ROC?

    The most recent Balance Sheet for Maan Pharmaceuticals Ltd was filed with the ROC on 31 Mar 2024.

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