Pharose Remedies Limited

Manufacturer of pharmaceutical products with WHO-GMP and ISO certifications, serving clients in various industries.

1997 | Punjab, Punjab (India) | Active
Last Updated:

Pharose Remedies Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.17 Cr
  • Satisfied Charges ₹ 18.60 Cr
  • Revenue Growth -1.85%
  • Profit Growth -20.03%
  • Ebitda -12.39%
  • Net Worth 34.21%
  • Total Assets 5.38%

About Pharose Remedies

Pharose Remedies Limited (PRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 November 1997 and has a history of 27 years and three 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹19.17 Cr. The company has closed loans amounting to ₹18.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nand Jain, Pardeep Jain, and Ram Chandara serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24239PB1997PLC020673

  • Company No.

    020673

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Pharma

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

Executive Team (1)

NameDesignationAppointment DateStatus
Pardeep Jain Country flag representing In Managing Director18-Nov-1997Current

Board Members (2)

NameDesignationAppointment DateStatus
Nand Jain Country flag representing In Whole-Time Director 18-Nov-1997Current
Ram Chandara Country flag representing In Whole-Time Director 01-Apr-2005Current

Financial Performance of Pharose Remedies.

Pharose Remedies Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.85% decrease. The company also saw a substantial fall in profitability, with a 20.03% decrease in profit. The company's net worth Soared by an impressive increase of 34.21%.

Pharose Remedies revenue growth over time
Pharose Remedies 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
-1.85%
Revenue from Operations
-2.49%
Total Assets
5.38%
Profit or Loss
-20.03%
Net Worth
34.21%
EBITDA
-12.39%

What is the Ownership and Shareholding Structure of Pharose Remedies?

In 2023, Pharose 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

₹19.17 Cr

Satisfied Charges

₹18.60 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 18.15 Cr
  • Others : 1.02 Cr

Latest Charge Details

DateLenderAmountStatus
13 Apr 2024Others₹9.00 MOpen
06 Aug 2022Others₹1.19 MOpen
31 Dec 2019Hdfc Bank Limited₹18.15 CrOpen
27 Aug 2021Hdfc Bank Limited₹2.34 MSatisfied
10 Apr 2013Central Bank Of India₹6.57 CrSatisfied

How Many Employees Work at Pharose Remedies?

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

Employee growth trends for Pharose Remedies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pharose 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 Pharose 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 Pharose Remedies

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100926833 was registered on 13 Apr 2024.

  • Annual General Meeting

    Pharose Remedies Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 27 Aug 2021 via Charge ID 100488357 with Hdfc Bank Limited was fully satisfied on 05 Aug 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 18.15 Cr registered on 31 Dec 2019 with Charge ID 100325499 was modified on 17 May 2023.

  • Balance Sheet

    Pharose Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100643504 was registered on 06 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Pharose Remedies Limited?

    Pharose Remedies Limited was incorporated on 17 Nov 1997.

  • What is authorized share capital and paid-up capital of Pharose Remedies Limited?

    The authorized share capital of Pharose Remedies Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Pharose Remedies Limited?

    Currently 3 directors are associated with Pharose Remedies Limited.

    • Nand Kishore Jain
    • Pardeep Jain
    • Ram Rai Chandara

  • What is the registered address of Pharose Remedies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pharose Remedies Limited is Mandi Roadjalandhar India, Punjab.

  • What is the corporate identification number (CIN) and company number of Pharose Remedies Limited?

    The corporate identification number (CIN) of Pharose Remedies Limited is U24239PB1997PLC020673 and the company number is 020673 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pharose Remedies Limited?

    The Official website of Pharose Remedies Limited is https://www.pharoseremedies.com

  • What has been the recent revenue trend for Pharose Remedies Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pharose Remedies Limited has fallen by -1.85%.

  • What change has been observed in the net worth of Pharose Remedies Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Pharose Remedies Limited has experienced an upsurge of 34.21%.

  • What are the total open charges for Pharose Remedies Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Pharose Remedies Limited amount to ₹ 19.17 Cr.

  • When was the last Balance Sheet of Pharose Remedies Limited filed with the ROC?

    The most recent Balance Sheet for Pharose Remedies Limited was filed with the ROC on 31 Mar 2023.