Provet Pharma Private Limited

This company manufactures and trades animal feed supplements and pharmaceutical formulations for animals.

2009 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 16, 2024

Provet Pharma Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.53 Cr
  • Satisfied Charges ₹ 22.03 Cr
  • Revenue Growth -30.39%
  • Profit Growth -246.76%
  • Ebitda -98.75%
  • Net Worth -69.69%
  • Total Assets -13.11%

About Provet Pharma

Provet Pharma Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 October 2009 and has a history of 15 years and three months. Its registered office is in Chennai, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹25.53 Cr. The company has closed loans amounting to ₹22.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Muthu Vengan and Suthanthirakumar Senthil serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231TN2009PTC073198

  • Company No.

    073198

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Pharma

What products or services does Provet Pharma Private Limited offer?

Provet Pharma Private Limited offers a wide range of products and services, including Autoclaves, Sterilizers & Incubators, Cold Chain Equipment, Bird Food, Poultry & Animal Food, Animal Feed Supplement, Animal Medicines & Health Care, Veterinary Medicines, Anti Infective Drugs & Medicines, Antibacterial Drugs, Kids Fiction & Entertainment Books, School Book.

Who are the key members and board of directors at Provet Pharma?

Executive Team (1)

NameDesignationAppointment DateStatus
Muthu Vengan Country flag representing In Managing Director14-Oct-2009Current

Board Members (1)

NameDesignationAppointment DateStatus
Suthanthirakumar Senthil Country flag representing In Director 14-Oct-2009Current

Financial Performance of Provet Pharma.

Provet Pharma Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.39% decrease. The company also saw a substantial fall in profitability, with a 246.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 69.69%.

Graph illustrating revenue growth over time
Graph showing 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
-30.39%
Revenue from Operations
-30.02%
Total Assets
-13.11%
Profit or Loss
-246.76%
Net Worth
-69.69%
EBITDA
-98.75%

What is the Ownership and Shareholding Structure of Provet Pharma?

In 2023, Provet Pharma had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹255.29 M

Satisfied Charges

₹220.32 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.03 Cr
  • Others : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2022Others₹2.50 CrOpen
25 Dec 2021Hdfc Bank Limited₹23.03 CrOpen
07 Mar 2017Others₹16.03 CrSatisfied
28 Apr 2010Indian Bank₹6.00 CrSatisfied

How Many Employees Work at Provet Pharma?

Provet Pharma has a workforce of 116 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Provet Pharma, 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 Provet Pharma'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 Provet Pharma

Recent activity within the organization

  • Annual General Meeting

    Provet Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Provet Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 230.29 M registered on 25 Dec 2021 with Charge ID 100521181 was modified on 20 Aug 2022.

    20 Aug 2022

  • Charges

    A charge with Others amounted to Rs. 25.00 M with Charge ID 100560773 was registered on 02 Mar 2022.

    02 Mar 2022

  • Charges

    A charge registered on 07 Mar 2017 via Charge ID 100107021 with Others was fully satisfied on 09 Feb 2022.

    09 Feb 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 230.29 M with Charge ID 100521181 was registered on 25 Dec 2021.

    25 Dec 2021

Frequently asked questions

  • Provet Pharma Private Limited was incorporated on 14 Oct 2009.

  • The authorized share capital of Provet Pharma Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Provet Pharma Private Limited.

    • Muthu Selvan Vengan
    • Suthanthirakumar Senthil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Provet Pharma Private Limited is 9 1St Floor 2Nd Lane Chakrapani Street Narasingapuram Extn. Maduvankarai Guin, Dy, Chennai, Tamil Nadu, India, 600032.

  • The corporate identification number (CIN) of Provet Pharma Private Limited is U24231TN2009PTC073198 and the company number is 073198 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Provet Pharma Private Limited is https://www.provet.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Provet Pharma Private Limited has fallen by -30.39%.

  • As Per 2023 financial reports, 116 employees are currently employed by Provet Pharma Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Provet Pharma Private Limited has experienced an downturn of -69.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Provet Pharma Private Limited amount to ₹ 25.53 Cr.

  • The most recent Balance Sheet for Provet Pharma Private Limited was filed with the ROC on 31 Mar 2023.

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