Preet Remedies Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.20 Cr
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.63 Cr
- Satisfied Charges ₹ 40.73 Cr
- Revenue Growth 35.16%
- Profit Growth 104.08%
- Ebitda 6.89%
- Net Worth 21.95%
- Total Assets 16.33%
About Preet Remedies
Preet Remedies Limited (PRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 February 2005 and has a history of 19 years and 11 months. Its registered office is in Chandigarh, India.
The Corporate was formerly known as Preet Remedies Private Limited. 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 10.00 Cr and a paid-up capital of Rs 7.20 Cr.
The company currently has active open charges totaling ₹13.63 Cr. The company has closed loans amounting to ₹40.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjeev Kumar, Sanjay Dhir, Hitesh Oswal, and Two other members serve as directors at the Company.
Company Details
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Location
Chandigarh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24230CH2005PLC027954
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Company No.
027954
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
10 Feb 2005
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Preet Remedies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjeev Kumar
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Managing Director | 15-Mar-2005 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sanjay Dhir
|
Director | 01-May-2009 | Current |
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Hitesh Oswal
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Director | 25-Sep-2020 | Current |
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Abhishek Rana
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Director | 29-Jan-2024 | Current |
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Prasanna Rout
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Director | 31-Mar-2024 | Current |
Financial Performance of Preet Remedies.
Preet Remedies Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.16% increase. The company also saw a substantial improvement in profitability, with a 104.08% increase in profit. The company's net worth Soared by an impressive increase of 21.95%.
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What is the Ownership and Shareholding Structure of Preet Remedies?
In 2022, Preet Remedies had a promoter holding of 38.53% and a public holding of 61.47%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Quixotic Pharma Private LimitedSanjeev Kumar, Sanjay Dhir and 1 more are mutual person
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Zenlabs Ethica LimitedSanjeev Kumar and Sanjay Dhir are mutual person
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Ultra Chiron Pharmaceuticals Pvt LtdSanjeev Kumar is a mutual person
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Oasis Pharma And Phytomolecules Private LimitedSanjeev Kumar and Sanjay Dhir are mutual person
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Ultra Chiron Healthcare Private Limited
Sanjeev Kumar is a mutual person
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Quadriga Biotech Private Limited
Sanjeev Kumar is a mutual person
Charges (Loans)
₹13.63 Cr
₹40.73 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 13.34 Cr
- Deputy Director Of Industries : 0.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2022 | Hdfc Bank Limited | ₹1.37 Cr | Open |
| 18 Jul 2016 | Hdfc Bank Limited | ₹11.97 Cr | Open |
| 07 Feb 2009 | Deputy Director Of Industries | ₹2.84 M | Open |
| 31 May 2010 | Bank Of India | ₹9.10 Cr | Satisfied |
| 02 Feb 2010 | Bank Of India | ₹1.00 Cr | Satisfied |
How Many Employees Work at Preet Remedies?
Preet Remedies has a workforce of 37 employees as of Apr 01, 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 Preet 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 Preet Remedies'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
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.
