Panacea Business Services Limited

Provides financial management consulting services to clients such as Abacus, Aditya Birla, and Axis Bank.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: January 03, 2025

Panacea Business Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 1 Month
  • 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 one month. 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

    panaceaservices.biz

  • 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

Who are the key members and board of directors at Panacea Business Services?

Board Members (3)

NameDesignationAppointment DateStatus
Ramchandra Chorage Country flag representing In Director 23-Apr-2018Current
Ashish Nalwaya Country flag representing In Director 05-Jan-2011Current
Priti Nalwaya Country flag representing In Director 05-Jan-2011Current

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%.

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
1905.65%
Revenue from Operations
1900.00%
Total Assets
11.03%
Profit or Loss
94.87%
Net Worth
-2.53%
EBITDA
97.19%

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.

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 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2023

  • Balance Sheet

    Panacea Business Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • 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 10 months .

    23 Apr 2018

  • 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 1 month .

    05 Jan 2011

  • 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 1 month .

    05 Jan 2011

  • Company Incorporation

    Panacea Business Services Limited was registered on 05 Jan 2011 with Roc Mumbai & aged 14 years 1 month as per MCA records.

    05 Jan 2011

Frequently asked questions

  • Panacea Business Services Limited was incorporated on 05 Jan 2011.

  • The authorized share capital of Panacea Business Services Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Panacea Business Services Limited.

    • Ramchandra Baburao Chorage
    • Ashish Nalwaya
    • Priti Ashish Nalwaya
  • 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.

  • 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).

  • The Official website of Panacea Business Services Limited is https://www.panaceaservices.biz

  • According to the financial reports for the fiscal year 2020, the revenue trend for Panacea Business Services Limited has risen by 1905.65%.

  • As Per 2020 financial reports, 1 employees are currently employed by Panacea Business Services Limited.

  • 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%.

  • The most recent Balance Sheet for Panacea Business Services Limited was filed with the ROC on 31 Mar 2023.

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