Psyco Remedies Limited

Pharmaceutical company manufacturing tablets, ointments, and other medical products following GMP standards.

2010 | Ludhiana, Punjab (India) | Active
Last Updated: July 06, 2024

Psyco Remedies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.92 Cr
  • Revenue Growth 18.95%
  • Profit Growth 16.18%
  • Ebitda 56.99%
  • Net Worth 26.09%
  • Total Assets -5.85%

About Psyco Remedies

Psyco Remedies Limited (PRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 March 2010 and has a history of 14 years and 11 months. Its registered office is in Ludhiana, Punjab, 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 1.00 Cr and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.92 Cr.

Alisha Mago, Vagisha Maggu, Gagandeep Maggo, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    psycoremedies.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24232PB2010PLC033653

  • Company No.

    033653

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Pharma

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

Executive Team (1)

Name Designation Appointment Date Status
Gagandeep Maggo Country flag representing In Managing Director 01-Jun-2021 Current

Board Members (3)

Name Designation Appointment Date Status
Alisha Mago Country flag representing In Whole-Time Director 29-Mar-2022 Current
Vagisha Maggu Country flag representing In Whole-Time Director 29-Mar-2022 Current
Rahul Maggu Country flag representing In Whole-Time Director 01-Jun-2021 Current

Financial Performance of Psyco Remedies.

Psyco Remedies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.95% increase. The company also saw a substantial improvement in profitability, with a 16.18% increase in profit. The company's net worth Soared by an impressive increase of 26.09%.

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
18.95%
Revenue from Operations
19.19%
Total Assets
-5.85%
Profit or Loss
16.18%
Net Worth
26.09%
EBITDA
56.99%

What is the Ownership and Shareholding Structure of Psyco Remedies?

In 2023, Psyco Remedies 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

₹1.92 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 1.92 Cr

Latest Charge Details

Date Lender Amount Status
10 May 2012 Union Bank Of India ₹1.92 Cr Open

How Many Employees Work at Psyco Remedies?

Psyco Remedies has a workforce of 21 employees as of Apr 11, 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 Psyco 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 Psyco 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 Psyco Remedies

Recent activity within the organization

  • Annual General Meeting

    Psyco Remedies Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Psyco Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Alisha Mago was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Mar 2022 & has been associated with this company since 2 years 10 months .

    29 Mar 2022

  • Director Appointment

    Vagisha Maggu was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Mar 2022 & has been associated with this company since 2 years 10 months .

    29 Mar 2022

  • Director Appointment

    Gagandeep Maggo was appointed as a Managing Director was appointed as a Managing Director on 01 Jun 2021 & has been associated with this company since 3 years 8 months .

    01 Jun 2021

  • Director Appointment

    Rahul Maggu was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jun 2021 & has been associated with this company since 3 years 8 months .

    01 Jun 2021

Frequently asked questions

  • Psyco Remedies Limited was incorporated on 04 Mar 2010.

  • The authorized share capital of Psyco Remedies Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Psyco Remedies Limited.

    • Alisha Mago
    • Vagisha Maggu
    • Gagandeep Maggo
    • Rahul Maggu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Psyco Remedies Limited is Village Latton Dana, Ludhiana Chandigarh Highway, Punjab, India, 141010.

  • The corporate identification number (CIN) of Psyco Remedies Limited is U24232PB2010PLC033653 and the company number is 033653 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Psyco Remedies Limited is https://www.psycoremedies.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Psyco Remedies Limited has risen by 18.95%.

  • As Per 2023 financial reports, 21 employees are currently employed by Psyco Remedies Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Psyco Remedies Limited has experienced an upsurge of 26.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Psyco Remedies Limited amount to ₹ 1.92 Cr.

  • The most recent Balance Sheet for Psyco Remedies Limited was filed with the ROC on 31 Mar 2023.

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