Preet Remedies Limited

Pharmaceutical company manufacturing tablets, capsules, ointments, creams, gels, lotions, shampoos, and dry syrups.

2005 | Chandigarh (India) | Active
Last Updated:

Preet Remedies Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.20 Cr
  • Company Age 20 Year, 22 Days
  • 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 20 years. 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

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    preetremedies.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24230CH2005PLC027954

  • Company No.

    027954

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Pharma

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjeev Kumar Country flag representing In Managing Director15-Mar-2005Current

Board Members (4)

NameDesignationAppointment DateStatus
Sanjay Dhir Country flag representing In Director 01-May-2009Current
Hitesh Oswal Country flag representing In Director 25-Sep-2020Current
Abhishek Rana Country flag representing In Director 29-Jan-2024Current
Prasanna Rout Country flag representing In Director 31-Mar-2024Current

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%.

Preet Remedies revenue growth over time
Preet 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
35.16%
Revenue from Operations
35.25%
Total Assets
16.33%
Profit or Loss
104.08%
Net Worth
21.95%
EBITDA
6.89%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.63 Cr

Satisfied Charges

₹40.73 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.34 Cr
  • Deputy Director Of Industries : 0.28 Cr

Latest Charge Details

DateLenderAmountStatus
24 Aug 2022Hdfc Bank Limited₹1.37 CrOpen
18 Jul 2016Hdfc Bank Limited₹11.97 CrOpen
07 Feb 2009Deputy Director Of Industries₹2.84 MOpen
31 May 2010Bank Of India₹9.10 CrSatisfied
02 Feb 2010Bank Of India₹1.00 CrSatisfied

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.

Employee growth trends for Preet Remedies Limited

Deals i

Graph showing company valuation over time

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

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 Preet Remedies

Recent activity within the organization

  • Annual General Meeting

    Preet Remedies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Preet Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Prasanna Kumar Rout was appointed as a Director was appointed as a Director on 31 Mar 2024 & has been associated with this company since 11 months 4 days .

  • Director Appointment

    Abhishek Rana was appointed as a Director was appointed as a Director on 29 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.37 Cr with Charge ID 100650534 was registered on 24 Aug 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 11.97 Cr registered on 18 Jul 2016 with Charge ID 100044296 was modified on 06 Jan 2021.

Frequently asked questions

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

    Preet Remedies Limited was incorporated on 10 Feb 2005.

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

    The authorized share capital of Preet Remedies Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.20 Cr.

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

    Currently 5 directors are associated with Preet Remedies Limited.

    • Sanjeev Kumar
    • Sanjay Dhir
    • Hitesh Popatlal Oswal
    • Abhishek Rana
    • Prasanna Kumar Rout

  • What is the registered address of Preet Remedies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Preet Remedies Limited is Plot No 194-195, Third Floor Industrial Area Phase Ii India, Chandigarh, 160002.

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

    The corporate identification number (CIN) of Preet Remedies Limited is U24230CH2005PLC027954 and the company number is 027954 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Preet Remedies Limited?

    The Official website of Preet Remedies Limited is https://www.preetremedies.com

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Preet Remedies Limited has risen by 35.16%.

  • How many employees does Preet Remedies Limited currently have?

    As Per 2022 financial reports, 37 employees are currently employed by Preet Remedies Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Preet Remedies Limited has experienced an upsurge of 21.95%.

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

    As per the financial statements for fiscal Year 2022, The total open charges for Preet Remedies Limited amount to ₹ 13.63 Cr.

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

    The most recent Balance Sheet for Preet Remedies Limited was filed with the ROC on 31 Mar 2024.

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