Panacea Business Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 14 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 1905.65%
- Profit Growth 94.87%
- Ebitda 97.19%
- Net Worth -2.53%
- Total Assets 11.03%
About Panacea Business Services
Panacea Business Services Limited (PBSL) is a Public Limited Indian Non-Government Company incorporated in India on 05 January 2011 and has a history of 14 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Panacea Business Services Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Ramchandra Chorage, Ashish Nalwaya, and Priti Nalwaya serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900MH2011PLC211836
- Company No.
211836
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Jan 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Panacea Business Services Limited
Explore comprehensive data for Panacea Business Services Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Panacea Business Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramchandra Chorage  | Director | 23-Apr-2018 | Current |
| Ashish Nalwaya | Director | 05-Jan-2011 | Current |
| Priti Nalwaya | Director | 05-Jan-2011 | Current |
Financial Performance of Panacea Business Services.
Panacea Business Services Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 1905.65% increase. The company also saw a substantial improvement in profitability, with a 94.87% increase in profit. The company's net worth dipped by a decrease of 2.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Panacea Business Services?
In 2018, Panacea Business Services had a promoter holding of 100.00%. The company had 6 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Saffron Urbanspaces Private Limited
Ramchandra Chorage and Priti Nalwaya are mutual person
- Saffron Gdc Exquisite Homes Llp
Ramchandra Chorage and Ashish Nalwaya are mutual person
- Panacea Global Corporate Resources Private Limited
Ramchandra Chorage and Ashish Nalwaya are mutual person
- Saffron Worldspaces Private Limited
Ramchandra Chorage and Ashish Nalwaya are mutual person
- Saffron Lifespaces Private Limited
Ramchandra Chorage and Ashish Nalwaya are mutual person
- Saffron Leisure Spaces Private Limited
Ramchandra Chorage and Ashish Nalwaya are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Panacea Business Services?
Panacea Business Services has a workforce of 1 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Panacea Business Services, 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 Panacea Business Services's trajectory.
Rating
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
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 Panacea Business Services
Recent activity within the organization
- Annual General Meeting
Panacea Business Services Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Panacea Business Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Ramchandra Baburao Chorage was appointed as a Director was appointed as a Director on 23 Apr 2018 & has been associated with this company since 6 years 11 months .
- Director Appointment
Ashish Nalwaya was appointed as a Director was appointed as a Director on 05 Jan 2011 & has been associated with this company since 14 years 3 months .
- Director Appointment
Priti Ashish Nalwaya was appointed as a Director was appointed as a Director on 05 Jan 2011 & has been associated with this company since 14 years 3 months .
- Company Incorporation
Panacea Business Services Limited was registered on 05 Jan 2011 with Roc Mumbai & aged 14 years 3 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Panacea Business Services Limited?
Panacea Business Services Limited was incorporated on 05 Jan 2011.
What is authorized share capital and paid-up capital of Panacea Business Services Limited?
The authorized share capital of Panacea Business Services Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Panacea Business Services Limited?
Currently 3 directors are associated with Panacea Business Services Limited.
- Ramchandra Baburao Chorage
- Ashish Nalwaya
- Priti Ashish Nalwaya
What is the registered address of Panacea Business Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Panacea Business Services Limited is D-315 Crystal Plaza Opp. Infiniti Mall New Link Road, Andheri West India, Mumbai, Maharashtra, 400053.
What is the corporate identification number (CIN) and company number of Panacea Business Services Limited?
The corporate identification number (CIN) of Panacea Business Services Limited is U74900MH2011PLC211836 and the company number is 211836 as per Ministry of Corporate Affairs (MCA).
What is the official website of Panacea Business Services Limited?
The Official website of Panacea Business Services Limited is https://www.panaceaservices.biz
What has been the recent revenue trend for Panacea Business Services Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Panacea Business Services Limited has risen by 1905.65%.
How many employees does Panacea Business Services Limited currently have?
As Per 2020 financial reports, 1 employees are currently employed by Panacea Business Services Limited.
What change has been observed in the net worth of Panacea Business Services Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Panacea Business Services Limited has experienced an downturn of -2.53%.
When was the last Balance Sheet of Panacea Business Services Limited filed with the ROC?
The most recent Balance Sheet for Panacea Business Services Limited was filed with the ROC on 31 Mar 2023.
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