Parex Pharmaceuticals Private Limited

Pharmaceutical company manufacturing tablets, capsules, injectables, ophthalmic, and syrups for domestic and international markets.

1978 | Punjab, Punjab (India) | Active
Last Updated: October 23, 2024

Parex Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 7.20 M
  • Paid Up Capital ₹ 6.39 M
  • Company Age 46 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.00 M
  • Satisfied Charges ₹ 2.76 M
  • Revenue Growth -14.58%
  • Profit Growth -35.89%
  • Ebitda -16.32%
  • Net Worth -1.94%
  • Total Assets -0.33%

About Parex Pharmaceuticals

Parex Pharmaceuticals Private Limited (PPPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 July 1978 and has a history of 46 years and seven months. Its registered office is in Punjab, Punjab.

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 2023. It's a company limited by shares with an authorized capital of Rs 7.20 M and a paid-up capital of Rs 6.39 M.

The company currently has active open charges totaling ₹9.00 M. The company has closed loans amounting to ₹2.76 M, as per Ministry of Corporate Affairs (MCA) records.

Pervinder Singh and Jagdeep Singh serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parexpharma.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231PB1978PTC003850

  • Company No.

    003850

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 1978

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Pharma

What products or services does Parex Pharmaceuticals Private Limited offer?

Parex Pharmaceuticals Private Limited offers a wide range of products and services, including Ayurvedic,Herbal Products & Medicine, Diabetic Herbal Medicine, Anti Infective Drugs & Medicines, Antibiotic Tablets, Capsule & Syrup, Respiratory System Drugs, Anti Asthma Drug, Digestive System Drugs & Medicines, Gastrointestinal Drugs, Common Disease Medicines, Anaemia Medicine.

Who are the key members and board of directors at Parex Pharmaceuticals?

Executive Team (1)

Name Designation Appointment Date Status
Jagdeep Singh Country flag representing In Managing Director 19-Jul-1978 Current

Board Members (1)

Name Designation Appointment Date Status
Pervinder Singh Country flag representing In Director 15-Jun-2002 Current

Financial Performance of Parex Pharmaceuticals.

Parex Pharmaceuticals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.58% decrease. The company also saw a substantial fall in profitability, with a 35.89% decrease in profit. The company's net worth dipped by a decrease of 1.94%.

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
-14.58%
Revenue from Operations
-15.48%
Total Assets
-0.33%
Profit or Loss
-35.89%
Net Worth
-1.94%
EBITDA
-16.32%

What is the Ownership and Shareholding Structure of Parex Pharmaceuticals?

In 2023, Parex Pharmaceuticals had a public holding of 29.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.00 M

Satisfied Charges

₹2.76 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.50 Cr
  • Sidbi : 0.30 Cr
  • State Bank Of Patiala : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
20 Sep 2022 Sidbi ₹3.00 M Open
16 Jan 2014 State Bank Of Patiala ₹1.00 M Open
08 Oct 2009 State Bank Of India ₹5.00 M Open
08 Oct 2002 Indian Bank ₹0.78 M Satisfied
05 Oct 2002 Indian Bank ₹0.66 M Satisfied

How Many Employees Work at Parex Pharmaceuticals?

Parex Pharmaceuticals has a workforce of 7 employees as of Apr 09, 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 Parex Pharmaceuticals, 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 Parex Pharmaceuticals'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 Parex Pharmaceuticals

Recent activity within the organization

  • Annual General Meeting

    Parex Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Parex Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 3.00 M with Charge ID 100613122 was registered on 20 Sep 2022.

    20 Sep 2022

  • Charges

    A charge with State Bank Of India of Rs. 5.00 M registered on 08 Oct 2009 with Charge ID 10187764 was modified on 17 Mar 2022.

    17 Mar 2022

  • Charges

    A charge with State Bank Of Patiala amounted to Rs. 1.00 M with Charge ID 10507894 was registered on 16 Jan 2014.

    16 Jan 2014

  • Charges

    A charge registered on 19 Apr 1997 via Charge ID 90168905 with Indian Bank was fully satisfied on 23 Feb 2011.

    23 Feb 2011

Frequently asked questions

  • Parex Pharmaceuticals Private Limited was incorporated on 17 Jul 1978.

  • The authorized share capital of Parex Pharmaceuticals Private Limited is ₹ 7.20 M and paid-up capital is ₹ 6.39 M.

  • Currently 2 directors are associated with Parex Pharmaceuticals Private Limited.

    • Pervinder Kaur Singh
    • Jagdeep Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parex Pharmaceuticals Private Limited is D 145 Industrial Areaphase Vii Sas Nagar India, Punjab.

  • The corporate identification number (CIN) of Parex Pharmaceuticals Private Limited is U24231PB1978PTC003850 and the company number is 003850 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parex Pharmaceuticals Private Limited is https://www.parexpharma.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parex Pharmaceuticals Private Limited has fallen by -14.58%.

  • As Per 2023 financial reports, 7 employees are currently employed by Parex Pharmaceuticals Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parex Pharmaceuticals Private Limited has experienced an downturn of -1.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parex Pharmaceuticals Private Limited amount to ₹ 9.00 M.

  • The most recent Balance Sheet for Parex Pharmaceuticals Private Limited was filed with the ROC on 31 Mar 2023.