Origin Formulations Private Limited

Pharmaceutical company specializing in various dosage forms and therapies, with WHO-GMP certification for exports.

2010 | Ahmedabad, Gujarat (India) | Under Liquidation
Last Updated: April 27, 2024

Origin Formulations Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 35.15 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -41.88%
  • Profit Growth -7626.19%
  • Ebitda -231.80%
  • Net Worth -629.02%
  • Total Assets -17.55%

About Origin Formulations

Origin Formulations Private Limited (OFPL) is Under Liquidation company established on 23 Dec 2010 with its office registered at Ahmedabad, Gujarat, India and has been running since 14 Year, 2 Months with a paid up capital of 7.00 Cr. According to MCA records, 2 Directors are linked to this company as of 27 Apr 2024.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24230GJ2010PTC063358

  • Company No.

    063358

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 2010

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

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

Board Members (2)

NameDesignationAppointment DateStatus
Hanubhai Sangani Country flag representing In Director 15-Feb-2014Current
Kaushik Sangani Country flag representing In Director 15-Feb-2014Current

Financial Performance of Origin Formulations.

Origin Formulations Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 41.88% decrease. The company also saw a substantial fall in profitability, with a 7626.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 629.02%.

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
-41.88%
Revenue from Operations
-43.32%
Total Assets
-17.55%
Profit or Loss
-7626.19%
Net Worth
-629.02%
EBITDA
-231.80%

What is the Ownership and Shareholding Structure of Origin Formulations?

In 2018, Origin 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)

Open Charges

₹35.15 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 35.15 Cr

Latest Charge Details

DateLenderAmountStatus
14 May 2013Union Bank Of India₹35.15 CrOpen
14 Feb 2013Bank Of Maharashtra₹3.00 CrSatisfied

How Many Employees Work at Origin Formulations?

Origin Formulations has a workforce of 127 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 Origin 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 Origin 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 Origin Formulations

Recent activity within the organization

  • Annual General Meeting

    Origin Formulations Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

  • Balance Sheet

    Origin Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.

    31 Mar 2018

  • Charges

    A charge with Union Bank Of India of Rs. 35.15 Cr registered on 14 May 2013 with Charge ID 10430740 was modified on 18 Dec 2014.

    18 Dec 2014

  • Charges

    A charge registered on 14 Feb 2013 via Charge ID 10410610 with Bank Of Maharashtra was fully satisfied on 26 Feb 2014.

    26 Feb 2014

  • Director Appointment

    Hanubhai Ramjibhai Sangani was appointed as a Director was appointed as a Director on 15 Feb 2014 & has been associated with this company since 11 years 6 days .

    15 Feb 2014

  • Director Appointment

    Kaushik Arvindbhai Sangani was appointed as a Director was appointed as a Director on 15 Feb 2014 & has been associated with this company since 11 years 6 days .

    15 Feb 2014

Frequently asked questions

  • Origin Formulations Private Limited was incorporated on 23 Dec 2010.

  • The authorized share capital of Origin Formulations Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 7.00 Cr.

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

    • Hanubhai Ramjibhai Sangani
    • Kaushik Arvindbhai Sangani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Origin Formulations Private Limited is 4Th Floor Narayankrupa Square Behind Old, Natraj Cinema Beside Sakar V Off Ashram Road, Ahmedabad, Gujarat, India, 380009.

  • The corporate identification number (CIN) of Origin Formulations Private Limited is U24230GJ2010PTC063358 and the company number is 063358 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Origin Formulations Private Limited is https://www.originformulations.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Origin Formulations Private Limited has fallen by -41.88%.

  • As Per 2018 financial reports, 127 employees are currently employed by Origin Formulations Private Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Origin Formulations Private Limited has experienced an downturn of -629.02%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Origin Formulations Private Limited amount to ₹ 35.15 Cr.

  • The most recent Balance Sheet for Origin Formulations Private Limited was filed with the ROC on 31 Mar 2018.

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