Promed Laboratories Private Limited

Pharmaceutical company manufacturing liquid orals, tablets, capsules, and drugs with ISO and WHO-GMP certification.

1971 | Indore, Madhya Pradesh (India) | Active
Last Updated:

Promed Laboratories Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.68 Cr
  • Company Age 53 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 17.96 Cr
  • Revenue Growth -99.99%
  • Profit Growth -1330.93%
  • Ebitda -28.42%
  • Net Worth -21.55%
  • Total Assets -11.37%

About Promed Laboratories

Promed Laboratories Private Limited (PLPL) was founded in India on 24 July 1971 and has a glorious history of 53 years and eight months.Its registered office is in Indore, Madhya Pradesh, 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 2.00 Cr and a paid-up capital of Rs 1.68 Cr.

The company has closed loans amounting to ₹17.96 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pankaj Badlani, Mahesh Badlani, and Subhash Rijhwani serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85195MP1971PTC001100

  • Company No.

    001100

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 1971

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Pharma

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

Board Members (3)

NameDesignationAppointment DateStatus
Subhash Rijhwani Country flag representing In Director 02-Mar-1994Current
Pankaj Badlani Country flag representing In Director 01-Sep-2003Current
Mahesh Badlani Country flag representing In Director 02-Mar-1994Current

Financial Performance of Promed Laboratories.

Promed Laboratories Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.99% decrease. The company also saw a substantial fall in profitability, with a 1330.93% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.55%.

Promed Laboratories revenue growth over time
Promed 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
-99.99%
Revenue from Operations
Total Assets
-11.37%
Profit or Loss
-1330.93%
Net Worth
-21.55%
EBITDA
-28.42%

What is the Ownership and Shareholding Structure of Promed Laboratories?

In 2022, Promed Laboratories had a public holding of 28.98%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹17.96 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 14.21 Cr
  • Others : 3.75 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2016Others₹3.75 CrSatisfied
06 Sep 2005Bank Of Baroda₹8.30 CrSatisfied
28 Jul 2005Bank Of Baroda₹5.91 CrSatisfied

How Many Employees Work at Promed Laboratories?

Promed Laboratories has a workforce of 3 employees as of Apr 05, 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 Promed Laboratories Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promed 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 Promed 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 Promed Laboratories

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge registered on 09 Sep 2016 via Charge ID 100058369 with Others was fully satisfied on 13 Oct 2023.

  • Charges

    A charge registered on 06 Sep 2005 via Charge ID 80048723 with Bank Of Baroda was fully satisfied on 27 Sep 2023.

  • Charges

    A charge registered on 28 Jul 2005 via Charge ID 80048721 with Bank Of Baroda was fully satisfied on 27 Sep 2023.

  • Charges

    A charge with Others amounted to Rs. 3.75 Cr with Charge ID 100058369 was registered on 09 Sep 2016.

Frequently asked questions

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

    Promed Laboratories Private Limited was incorporated on 24 Jul 1971.

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

    The authorized share capital of Promed Laboratories Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.68 Cr.

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

    Currently 3 directors are associated with Promed Laboratories Private Limited.

    • Pankaj Badlani
    • Mahesh Badlani
    • Subhash Rijhwani

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Promed Laboratories Private Limited is 35-A/4 35-B/2, Laxmi Bai Nagar Industrial Estate India, Indore, Madhya Pradesh, 452006.

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

    The corporate identification number (CIN) of Promed Laboratories Private Limited is U85195MP1971PTC001100 and the company number is 001100 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Promed Laboratories Private Limited has fallen by -99.99%.

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

    As Per 2022 financial reports, 3 employees are currently employed by Promed Laboratories Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Promed Laboratories Private Limited has experienced an downturn of -21.55%.

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

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

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