Nectar Life Sciences Limited

This company specializes in manufacturing pharmaceuticals, APIs, phytochemicals, and finished dosage formulations.

1995 | Punjab, Punjab (India) | Active
Last Updated: November 16, 2024

Nectar Life Sciences Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 22.43 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,339.35 Cr
  • Satisfied Charges ₹ 4,910.08 Cr
  • Revenue Growth -6.71%
  • Profit Growth -188.69%
  • Ebitda -64.96%
  • Net Worth -2.05%
  • Total Assets -8.39%

About Nectar Life Sciences

Nectar Life Sciences Limited (NLSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 June 1995 and has a history of 29 years and seven months. Its registered office is in Punjab, Punjab.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532649 and on the National Stock Exchange(NSE) under NECLIFE.

The Corporate was formerly known as Surya Medicare 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 35.00 Cr and a paid-up capital of Rs 22.43 Cr.

The company currently has active open charges totaling ₹1,339.35 Cr. The company has closed loans amounting to ₹4,910.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nectar Life Sciences Limited India are Sushil Kapoor as Cfo, Amit Chadah as Ceo, and Neha Vaishnav as Company Secretary. Sanjiv Goyal, Meena Verma, Rupinder Tewari, and Three other members serve as directors at the Company.

Company Details

  • Location
    Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L24232PB1995PLC016664

  • Company No.

    016664

  • Stock Symbol

    BSE : 532649 NSE : NECLIFE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 1995

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Pharma

What products or services does Nectar Life Sciences Limited offer?

Nectar Life Sciences Limited offers a wide range of products and services, including Pharma & Bioanalytical Services, Pharmaceutical Services, Rapid Test Kit, Anti Infective Drugs & Medicines, Antibiotic Injection, Apparel & Textile Machinery, Textile Finishing Machine, Pharma Ingredients & Raw Materials, Anti Infective API, Pharma Raw Material.

Who are the key members and board of directors at Nectar Life Sciences?

Executive Team (4)

NameDesignationAppointment DateStatus
Sushil Kapoor Country flag representing In CFO14-Nov-2022Current
Sanjiv Goyal Country flag representing In Managing Director27-Jun-1995Current
Amit Chadah CEO30-Oct-2020Current
Neha Vaishnav Company Secretary14-Feb-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Meena Verma Country flag representing In Nominee Director 11-Feb-2019Current
Rupinder Tewari Country flag representing In Director 11-Feb-2019Current
Kuldip Bhasin Country flag representing In Director 21-Sep-2021Current
Indu Kaur Country flag representing In Director 02-Aug-2022Current
Puneet Sud Country flag representing In Whole-Time Director 24-Sep-2022Current

Financial Performance of Nectar Life Sciences.

Nectar Life Sciences Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.71% decrease. The company also saw a substantial fall in profitability, with a 188.69% decrease in profit. The company's net worth dipped by a decrease of 2.05%.

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
-6.71%
Revenue from Operations
-8.61%
Total Assets
-8.39%
Profit or Loss
-188.69%
Net Worth
-2.05%
EBITDA
-64.96%

What is the Ownership and Shareholding Structure of Nectar Life Sciences?

In 2023, Nectar Life Sciences had a promoter holding of 44.35% and a public holding of 55.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,339.35 Cr

Satisfied Charges

₹4,910.08 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1338.35 Cr
  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2023Hdfc Bank Limited₹6.05 MOpen
28 Jun 2022Hdfc Bank Limited₹2.00 MOpen
01 Dec 2021Hdfc Bank Limited₹2.00 MOpen
21 Jun 2021Sbicap Trustee Company Limited₹1,338.35 CrOpen
14 Jul 2021Hdfc Bank Limited₹0.60 MSatisfied

How Many Employees Work at Nectar Life Sciences?

Nectar Life Sciences has a workforce of 1611 employees as of Apr 05, 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 Nectar Life Sciences, 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 Nectar Life Sciences'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 Nectar Life Sciences

Recent activity within the organization

  • Annual General Meeting

    Nectar Life Sciences Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Charges

    A charge registered on 14 Jul 2021 via Charge ID 100465635 with Hdfc Bank Limited was fully satisfied on 01 May 2024.

    01 May 2024

  • Charges

    A charge registered on 20 Jul 2019 via Charge ID 100281073 with Hdfc Bank Limited was fully satisfied on 01 May 2024.

    01 May 2024

  • Charges

    A charge registered on 30 May 2019 via Charge ID 100269789 with Hdfc Bank Limited was fully satisfied on 01 May 2024.

    01 May 2024

  • Balance Sheet

    Nectar Life Sciences Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge registered on 15 Dec 2018 via Charge ID 100228813 with Others was fully satisfied on 11 Jan 2024.

    11 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Nectar Life Sciences Limited was incorporated on 27 Jun 1995.

  • The authorized share capital of Nectar Life Sciences Limited is ₹ 35.00 Cr and paid-up capital is ₹ 22.43 Cr.

  • Currently 9 directors are associated with Nectar Life Sciences Limited.

    • Sanjiv Goyal
    • Meena Virbhan Verma
    • Rupinder Tewari
    • Kuldip Kumar Bhasin
    • Indu Pal Kaur
    • Puneet Sud
    • Sushil Kapoor
    • Amit Chadah
    • Neha Vaishnav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nectar Life Sciences Limited is Vill Said Purateh Dera Bassi Distt Patiala India, Punjab.

  • The corporate identification number (CIN) of Nectar Life Sciences Limited is L24232PB1995PLC016664 and the company number is 016664 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nectar Life Sciences Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NECLIFE.

  • The Official website of Nectar Life Sciences Limited is https://www.neclife.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nectar Life Sciences Limited has fallen by -6.71%.

  • As Per 2023 financial reports, 1611 employees are currently employed by Nectar Life Sciences Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nectar Life Sciences Limited has experienced an downturn of -2.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nectar Life Sciences Limited amount to ₹ 1,339.35 Cr.

  • The most recent Balance Sheet for Nectar Life Sciences Limited was filed with the ROC on 31 Mar 2024.

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