Raichem Medicare Private Limited

API manufacturing plant producing UDCA intermediates, with licenses and certificates from pollution control board.

2009 | Raichur, Karnataka (India) | Active
Last Updated:

Raichem Medicare Profile

Key Indicators

  • Authorised Capital ₹ 26.70 Cr
  • Paid Up Capital ₹ 1.74 Cr
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 82.00 Cr
  • Revenue Growth 10.91%
  • Profit Growth -42.58%
  • Ebitda 4.14%
  • Net Worth 53.50%
  • Total Assets 12.18%

About Raichem Medicare

Raichem Medicare Private Limited (RMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 June 2009 and has a history of 15 years and 11 months. Its registered office is in Raichur, Karnataka, 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 26.70 Cr and a paid-up capital of Rs 1.74 Cr.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹82.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Raichem Medicare Private Limited India is Davanam Shivnandan as COMPANY SECRETARY. Pramod Kumar, Enzo Bartoli, and Agostino Barazza serve as directors at the Company.

Company Details

  • Location

    Raichur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24232KA2009PTC049999

  • Company No.

    049999

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 2009

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Pharma
Company report

Raichem Medicare Private Limited

Explore comprehensive data for Raichem Medicare Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Raichem Medicare?

Executive Team (2)

NameDesignationAppointment DateStatus
Pramod Kumar Country flag representing In Managing Director05-Dec-2015Current
Davanam Shivnandan Company Secretary24-Apr-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Enzo Bartoli Country flag representing It Director 30-Jan-2012Current
Agostino Barazza Country flag representing It Director 02-Sep-2020Current

Financial Performance of Raichem Medicare.

Raichem Medicare Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.91% increase. The company also saw a substantial fall in profitability, with a 42.58% decrease in profit. The company's net worth Soared by an impressive increase of 53.5%.

Raichem Medicare revenue growth over time
Raichem Medicare 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
10.91%
Revenue from Operations
10.96%
Total Assets
12.18%
Profit or Loss
-42.58%
Net Worth
53.50%
EBITDA
4.14%

What is the Ownership and Shareholding Structure of Raichem Medicare?

In 2023, Raichem Medicare 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

₹10.00 Cr

Satisfied Charges

₹82.00 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Apr 2023Standard Chartered Bank₹10.00 CrOpen
15 Sep 2015Citi Bank N.A.₹2.00 CrSatisfied
03 Jun 2015Citi Bank N.A.₹20.00 CrSatisfied
22 Jul 2014Standard Chartered Bank₹60.00 CrSatisfied

How Many Employees Work at Raichem Medicare?

Raichem Medicare has a workforce of 210 employees as of Apr 06, 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 Raichem Medicare Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raichem Medicare, 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 Raichem Medicare'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 Raichem Medicare

Recent activity within the organization

  • Charges

    A charge registered on 15 Sep 2015 via Charge ID 10600378 with Citi Bank N.A. was fully satisfied on 08 Aug 2024.

  • Director Appointment

    Davanam Anilkumar Shivnandan was appointed as a Company Secretary was appointed as a Company Secretary on 24 Apr 2024 & has been associated with this company since 1 year 20 days .

  • Charges

    A charge with Citi Bank N.A. of Rs. 2.00 Cr registered on 15 Sep 2015 with Charge ID 10600378 was modified on 04 Mar 2024.

  • Annual General Meeting

    Raichem Medicare Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 10.00 Cr with Charge ID 100703635 was registered on 06 Apr 2023.

  • Balance Sheet

    Raichem Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

Frequently asked questions

  • What is the Incorporation or founding date of Raichem Medicare Private Limited?

    Raichem Medicare Private Limited was incorporated on 01 Jun 2009.

  • What is authorized share capital and paid-up capital of Raichem Medicare Private Limited?

    The authorized share capital of Raichem Medicare Private Limited is ₹ 26.70 Cr and paid-up capital is ₹ 1.74 Cr.

  • Who are the current board members & directors of Raichem Medicare Private Limited?

    Currently 4 directors are associated with Raichem Medicare Private Limited.

    • Pramod Kumar
    • Enzo Bartoli
    • Agostino Barazza
    • Davanam Anilkumar Shivnandan

  • What is the registered address of Raichem Medicare Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Raichem Medicare Private Limited is Plot No 24 25 26 26P Raichur Industrial Growth Centre, India, Chicksugur Village, Karnataka, 584134.

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

    The corporate identification number (CIN) of Raichem Medicare Private Limited is U24232KA2009PTC049999 and the company number is 049999 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Raichem Medicare Private Limited?

    The Official website of Raichem Medicare Private Limited is https://www.icepharma.com

  • What has been the recent revenue trend for Raichem Medicare Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Raichem Medicare Private Limited has risen by 10.91%.

  • How many employees does Raichem Medicare Private Limited currently have?

    As Per 2023 financial reports, 210 employees are currently employed by Raichem Medicare Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Raichem Medicare Private Limited has experienced an upsurge of 53.50%.

  • What are the total open charges for Raichem Medicare Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Raichem Medicare Private Limited amount to ₹ 10.00 Cr.

  • When was the last Balance Sheet of Raichem Medicare Private Limited filed with the ROC?

    The most recent Balance Sheet for Raichem Medicare Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on API Manufacturers