Patel Remedies Pvt Ltd

This company manufactures papain powder and liquid papain from papaya latex for export to various countries.

1993 | Junagadh, Gujarat (India) | Active
Last Updated: December 30, 2024

Patel Remedies Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.20 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.96 Cr
  • Satisfied Charges ₹ 1.15 Cr
  • Revenue Growth 35.44%
  • Profit Growth 36.86%
  • Ebitda 28.97%
  • Net Worth 3.49%
  • Total Assets 15.94%

About Patel Remedies

Patel Remedies Pvt Ltd (PRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 September 1993 and has a history of 31 years and four months. Its registered office is in Junagadh, Gujarat.

The Company is engaged in the Agriculture 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 2.50 Cr and a paid-up capital of Rs 2.20 Cr.

The company currently has active open charges totaling ₹11.96 Cr. The company has closed loans amounting to ₹1.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pareshkumar Vadalia, Maulikkumar Bhuva, and Milankumar Bhuva serve as directors at the Company.

Company Details

  • Location Junagadh, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    patel-remedies.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1993PTC020284

  • Company No.

    020284

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture

Who are the key members and board of directors at Patel Remedies?

Board Members (3)

NameDesignationAppointment DateStatus
Pareshkumar Vadalia Country flag representing In Director 27-Sep-1993Current
Maulikkumar Bhuva Country flag representing In Director 01-Apr-2019Current
Milankumar Bhuva Country flag representing In Director 01-Apr-2010Current

Financial Performance of Patel Remedies.

Patel Remedies Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 35.44% increase. The company also saw a substantial improvement in profitability, with a 36.86% increase in profit. The company's net worth moved up by a moderate rise of 3.49%.

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
35.44%
Revenue from Operations
33.05%
Total Assets
15.94%
Profit or Loss
36.86%
Net Worth
3.49%
EBITDA
28.97%

What is the Ownership and Shareholding Structure of Patel Remedies?

In 2021, Patel Remedies 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

₹11.96 Cr

Satisfied Charges

₹1.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.96 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 2008Others₹5.98 CrOpen
03 Mar 2008Others₹5.98 CrOpen
27 Dec 2010Kotak Mahindra Bank Limited₹2.50 MSatisfied
30 Jul 2008Kotak Mahindra Bank Limited₹2.00 MSatisfied
09 May 2005Bank Of Baroda₹7.00 MSatisfied

How Many Employees Work at Patel Remedies?

Unlock and access historical data on people associated with Patel Remedies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patel Remedies, 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 Patel Remedies'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 Patel Remedies

Recent activity within the organization

  • Annual General Meeting

    Patel Remedies Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Patel Remedies Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Maulikkumar Maganbhai Bhuva was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

  • Charges

    A charge with Others of Rs. 5.98 Cr registered on 20 Mar 2008 with Charge ID 10094628 was modified on 15 Jun 2017.

    15 Jun 2017

  • Charges

    A charge with Others of Rs. 5.98 Cr registered on 03 Mar 2008 with Charge ID 10094696 was modified on 15 Jun 2017.

    15 Jun 2017

  • Charges

    A charge registered on 27 Dec 2010 via Charge ID 10269178 with Kotak Mahindra Bank Limited was fully satisfied on 10 Apr 2012.

    10 Apr 2012

Frequently asked questions

  • Patel Remedies Pvt Ltd was incorporated on 27 Sep 1993.

  • The authorized share capital of Patel Remedies Pvt Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 2.20 Cr.

  • Currently 3 directors are associated with Patel Remedies Pvt Ltd.

    • Pareshkumar Nagjibhai Vadalia
    • Maulikkumar Maganbhai Bhuva
    • Milankumar Maganbhai Bhuva
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patel Remedies Pvt Ltd is Plot No. 317 G. I. D. C. Phase Ii India, Junagadh, Gujarat, 362003.

  • The corporate identification number (CIN) of Patel Remedies Pvt Ltd is U24231GJ1993PTC020284 and the company number is 020284 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patel Remedies Pvt Ltd is https://www.patel-remedies.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Patel Remedies Pvt Ltd has risen by 35.44%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Patel Remedies Pvt Ltd has experienced an upsurge of 3.49%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Patel Remedies Pvt Ltd amount to ₹ 11.96 Cr.

  • The most recent Balance Sheet for Patel Remedies Pvt Ltd was filed with the ROC on 31 Mar 2024.

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