Prashanti Formulations Profile
Key Indicators
- Authorised Capital ₹ 2.06 Cr
- Paid Up Capital ₹ 2.06 Cr
- Company Age 25 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.32 Cr
- Satisfied Charges ₹ 7.64 M
- Revenue Growth 7.39%
- Profit Growth -30.45%
- Ebitda -32.20%
- Net Worth 15.94%
- Total Assets 22.60%
About Prashanti Formulations
Prashanti Formulations Limited (PFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 April 1999 and has a history of 25 years and ten months. Its registered office is in Hoshiarpur, Punjab, India.
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 2.06 Cr and a paid-up capital of Rs 2.06 Cr.
The company currently has active open charges totaling ₹10.32 Cr. The company has closed loans amounting to ₹7.64 M, as per Ministry of Corporate Affairs (MCA) records.
Sawtantar Tewari, Usha Tewari, Gaurav Tiwari, and Four other members serve as directors at the Company.
Company Details
- Location
Hoshiarpur, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24231PB1999PLC022495
- Company No.
022495
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Apr 1999
- Date of AGM
24 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Prashanti Formulations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sawtantar Tewari  | Managing Director | 22-Apr-1999 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gaurav Tiwari | Director | 22-Apr-1999 | Current |
| Adwaita Tewari | Whole-Time Director | 24-Sep-2001 | Current |
| Usha Tewari | Director | 23-Feb-2012 | Current |
| Neeti Passi | Director | 29-Sep-2002 | Current |
| Sunaina Dutta | Director | 24-Sep-2001 | Current |
| Sukarn Tiwari | Director | 05-Feb-2024 | Current |
Financial Performance of Prashanti Formulations.
Prashanti Formulations Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.39% increase. The company also saw a substantial fall in profitability, with a 30.45% decrease in profit. The company's net worth Soared by an impressive increase of 15.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Prashanti Formulations?
In 2022, Prashanti Formulations had a promoter holding of 89.05% and a public holding of 10.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vetsfarma LimitedUsha Tewari, Gaurav Tiwari and 2 more are mutual person
Charges (Loans)
₹10.32 Cr
₹0.76 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 10.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 2016 | State Bank Of India | ₹3.96 Cr | Open |
| 30 Jul 2003 | State Bank Of India | ₹6.36 Cr | Open |
| 14 Aug 2018 | State Bank Of India | ₹1.24 M | Satisfied |
| 30 Jul 2003 | State Bank Of India | ₹1.40 M | Satisfied |
| 05 Nov 1999 | Statebank Of India | ₹2.50 M | Satisfied |
How Many Employees Work at Prashanti Formulations?
Prashanti Formulations has a workforce of 211 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prashanti 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 Prashanti Formulations's trajectory.
Rating
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
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