Par Formulations Private Limited

Develops and manufactures generic drugs for export, with facilities in Chennai and Navi Mumbai.

1982 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Par Formulations Profile

Key Indicators

  • Authorised Capital ₹ 2.20 Cr
  • Paid Up Capital ₹ 2.14 Cr
  • Company Age 42 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.71 M
  • Satisfied Charges ₹ 62.37 Cr
  • Revenue Growth 55.06%
  • Profit Growth 104.06%
  • Ebitda 70.36%
  • Net Worth 19.04%
  • Total Assets 43.05%

About Par Formulations

Par Formulations Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 1982 and has a history of 42 years and five months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Ch Krishnan And Associates Private 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 2.20 Cr and a paid-up capital of Rs 2.14 Cr.

The company currently has active open charges totaling ₹1.71 M. The company has closed loans amounting to ₹62.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Par Formulations Private Limited India is Vineet Kakkad as COMPANY SECRETARY. Chitti Kumar, James Papp, and Anand Raj serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parpharm.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33111TN1982PTC009602

  • Company No.

    009602

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 1982

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Pharma

What products or services does Par Formulations Private Limited offer?

Par Formulations Private Limited offers a wide range of products and services, including Osteoporosis Medications, Calcitonin Spray, Antihistamines, Meclizine HCL.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vineet Kakkad Company Secretary27-May-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
James Papp Country flag representing Ie Director 28-Jan-2021Current
Chitti Kumar Country flag representing In Whole-Time Director 28-Jun-2017Current
Anand Raj Country flag representing In Director 27-May-2022Current

Financial Performance of Par Formulations.

Par Formulations Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 55.06% increase. The company also saw a substantial improvement in profitability, with a 104.06% increase in profit. The company's net worth Soared by an impressive increase of 19.04%.

Par Formulations revenue growth over time
Par Formulations 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
55.06%
Revenue from Operations
59.36%
Total Assets
43.05%
Profit or Loss
104.06%
Net Worth
19.04%
EBITDA
70.36%

What is the Ownership and Shareholding Structure of Par Formulations?

In 2021, Par Formulations had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.17 Cr

Satisfied Charges

₹62.37 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
08 Aug 2022Others₹1.21 MOpen
08 Aug 2022Others₹0.50 MOpen
08 Aug 2022Others₹27.06 CrSatisfied
04 Feb 2010State Bank Of India₹18.00 CrSatisfied
06 Mar 2008State Bank Of India₹15.00 CrSatisfied

How Many Employees Work at Par Formulations?

Par Formulations has a workforce of 1304 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.

Employee growth trends for Par Formulations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Par 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 Par 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 Par Formulations

Recent activity within the organization

  • Annual General Meeting

    Par Formulations Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Par Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 08 Aug 2022 via Charge ID 100611617 with Others was fully satisfied on 10 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100611324 was registered on 08 Aug 2022.

  • Charges

    A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100611327 was registered on 08 Aug 2022.

  • Charges

    A charge with Others amounted to Rs. 27.06 Cr with Charge ID 100611617 was registered on 08 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Par Formulations Private Limited?

    Par Formulations Private Limited was incorporated on 22 Sep 1982.

  • What is authorized share capital and paid-up capital of Par Formulations Private Limited?

    The authorized share capital of Par Formulations Private Limited is ₹ 2.20 Cr and paid-up capital is ₹ 2.14 Cr.

  • Who are the current board members & directors of Par Formulations Private Limited?

    Currently 4 directors are associated with Par Formulations Private Limited.

    • Chitti Babu Sampath Kumar
    • James Matthew Papp
    • Anand Amrit Raj
    • Vineet Kakkad

  • What is the registered address of Par Formulations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Par Formulations Private Limited is 9/215 Pudupakkam-Vandalur Main Road Pudupakkam, Kelambakkam India, Chennai, Tamil Nadu, 603103.

  • What is the corporate identification number (CIN) and company number of Par Formulations Private Limited?

    The corporate identification number (CIN) of Par Formulations Private Limited is U33111TN1982PTC009602 and the company number is 009602 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Par Formulations Private Limited?

    The Official website of Par Formulations Private Limited is https://www.parpharm.com

  • What has been the recent revenue trend for Par Formulations Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Par Formulations Private Limited has risen by 55.06%.

  • How many employees does Par Formulations Private Limited currently have?

    As Per 2021 financial reports, 1304 employees are currently employed by Par Formulations Private Limited.

  • What change has been observed in the net worth of Par Formulations Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Par Formulations Private Limited has experienced an upsurge of 19.04%.

  • What are the total open charges for Par Formulations Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Par Formulations Private Limited amount to ₹ 1.71 M.

  • When was the last Balance Sheet of Par Formulations Private Limited filed with the ROC?

    The most recent Balance Sheet for Par Formulations Private Limited was filed with the ROC on 31 Mar 2024.

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