Praveen Laboratories Private Limited

Manufacturer of pharmaceutical ingredients and intermediates, including aceclofenac, mefenamic acid, and amlodipine.

1995 | Surat, Gujarat (India) | Active
Last Updated:

Praveen Laboratories Profile

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 4.00 M
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32.50 Cr
  • Satisfied Charges ₹ 14.73 Cr
  • Revenue Growth 3.27%
  • Profit Growth -63.47%
  • Ebitda -34.73%
  • Net Worth 12.06%
  • Total Assets 11.37%

About Praveen Laboratories

Praveen Laboratories Private Limited (PLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 1995 and has a history of 29 years and eight months. Its registered office is in Surat, Gujarat, 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 1.60 Cr and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹32.50 Cr. The company has closed loans amounting to ₹14.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

Maheshchandra Vakharia and Hetul Mehta serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1995PTC026878

  • Company No.

    026878

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Praveen Laboratories Private Limited offer?

Praveen Laboratories Private Limited offers a wide range of products and services, including Pharmaceutical Tablets, Pharmaceutical Capsules, TB, Tumor & Cancer Drugs, Anti Cancer Medicines.

Who are the key members and board of directors at Praveen Laboratories?

Board Members (2)

NameDesignationAppointment DateStatus
Maheshchandra Vakharia Country flag representing In Director 27-Jul-1995Current
Hetul Mehta Country flag representing In Director 27-Jul-1995Current

Financial Performance of Praveen Laboratories.

Praveen Laboratories Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.27% increase. The company also saw a substantial fall in profitability, with a 63.47% decrease in profit. The company's net worth Soared by an impressive increase of 12.06%.

Praveen Laboratories revenue growth over time
Praveen Laboratories 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
3.27%
Revenue from Operations
4.18%
Total Assets
11.37%
Profit or Loss
-63.47%
Net Worth
12.06%
EBITDA
-34.73%

What is the Ownership and Shareholding Structure of Praveen Laboratories?

In 2023, Praveen Laboratories 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

₹32.50 Cr

Satisfied Charges

₹14.73 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 26.70 Cr
  • Axis Bank Limited : 5.30 Cr
  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2024Axis Bank Limited₹5.30 CrOpen
12 May 2022Standard Chartered Bank₹1.85 CrOpen
23 Mar 2022Others₹5.00 MOpen
15 Feb 2022Standard Chartered Bank₹3.30 CrOpen
04 Mar 2020Standard Chartered Bank₹21.55 CrOpen

How Many Employees Work at Praveen Laboratories?

Praveen Laboratories has a workforce of 139 employees as of Mar 28, 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 Praveen Laboratories Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Praveen Laboratories, 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 Praveen Laboratories'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 Praveen Laboratories

Recent activity within the organization

  • Annual General Meeting

    Praveen Laboratories Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Standard Chartered Bank of Rs. 21.55 Cr registered on 04 Mar 2020 with Charge ID 100334511 was modified on 27 Sep 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.30 Cr with Charge ID 100983900 was registered on 30 Aug 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 1.85 Cr registered on 12 May 2022 with Charge ID 100577091 was modified on 13 Aug 2024.

  • Balance Sheet

    Praveen Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Standard Chartered Bank of Rs. 3.30 Cr registered on 15 Feb 2022 with Charge ID 100538913 was modified on 08 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Praveen Laboratories Private Limited?

    Praveen Laboratories Private Limited was incorporated on 27 Jul 1995.

  • What is authorized share capital and paid-up capital of Praveen Laboratories Private Limited?

    The authorized share capital of Praveen Laboratories Private Limited is ₹ 1.60 Cr and paid-up capital is ₹ 4.00 M.

  • Who are the current board members & directors of Praveen Laboratories Private Limited?

    Currently 2 directors are associated with Praveen Laboratories Private Limited.

    • Maheshchandra Manharlal Vakharia
    • Hetul Krishnakant Mehta

  • What is the registered address of Praveen Laboratories Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Praveen Laboratories Private Limited is Ef Office No. 1108 Rajhans Montessa Nr. Tgb, Dumas Road India, Surat, Gujarat, 395007.

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

    The corporate identification number (CIN) of Praveen Laboratories Private Limited is U65910GJ1995PTC026878 and the company number is 026878 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Praveen Laboratories Private Limited?

    The Official website of Praveen Laboratories Private Limited is https://www.praveenlabs.com

  • What has been the recent revenue trend for Praveen Laboratories Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Praveen Laboratories Private Limited has risen by 3.27%.

  • How many employees does Praveen Laboratories Private Limited currently have?

    As Per 2023 financial reports, 139 employees are currently employed by Praveen Laboratories Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Praveen Laboratories Private Limited has experienced an upsurge of 12.06%.

  • What are the total open charges for Praveen Laboratories Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Praveen Laboratories Private Limited amount to ₹ 32.50 Cr.

  • When was the last Balance Sheet of Praveen Laboratories Private Limited filed with the ROC?

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

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