Raks Pharma Private Limited

Pharmaceutical company specializing in API and intermediate manufacturing, with plans for expansion.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Raks Pharma Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.62 Cr
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 16.76 Cr
  • Revenue Growth 67.61%
  • Profit Growth 420.33%
  • Ebitda 183.99%
  • Net Worth 119.32%
  • Total Assets 17.76%

About Raks Pharma

Raks Pharma Private Limited (RPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 2008 and has a history of 16 years and four months. Its registered office is in Ahmedabad, Gujarat, 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 1.75 Cr and a paid-up capital of Rs 1.62 Cr.

The company has closed loans amounting to ₹16.76 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Suresh Patel, Sandeep Raktate, Rajeev Midha, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rakspharma.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24233GJ2008PTC068526

  • Company No.

    068526

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

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

Board Members (4)

NameDesignationAppointment DateStatus
Sandeep Raktate Country flag representing In Director 27-May-2024Current
Rajeev Midha Country flag representing In Director 25-Jan-2019Current
Suresh Patel Country flag representing In Director 30-Jul-2010Current
Rahul Maitra Country flag representing In Director 27-May-2024Current

Financial Performance of Raks Pharma.

Raks Pharma Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 67.61% increase. The company also saw a substantial improvement in profitability, with a 420.33% increase in profit. The company's net worth Soared by an impressive increase of 119.32%.

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
67.61%
Revenue from Operations
69.50%
Total Assets
17.76%
Profit or Loss
420.33%
Net Worth
119.32%
EBITDA
183.99%

What is the Ownership and Shareholding Structure of Raks Pharma?

In 2023, Raks Pharma 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

₹0

Satisfied Charges

₹16.76 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 16.76 Cr

Latest Charge Details

DateLenderAmountStatus
10 Feb 2010Union Bank Of India₹16.76 CrSatisfied

How Many Employees Work at Raks Pharma?

Raks Pharma has a workforce of 467 employees as of Mar 31, 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 Raks 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 Raks 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 Raks Pharma

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Sandeep Radhakisan Raktate was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 8 months 27 days .

    27 May 2024

  • Director Appointment

    Rahul Maitra was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 8 months 27 days .

    27 May 2024

  • Balance Sheet

    Raks Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Rajeev Midha was appointed as a Director was appointed as a Director on 25 Jan 2019 & has been associated with this company since 6 years 28 days .

    25 Jan 2019

  • Charges

    A charge registered on 10 Feb 2010 via Charge ID 10203434 with Union Bank Of India was fully satisfied on 30 Dec 2014.

    30 Dec 2014

Frequently asked questions

  • Raks Pharma Private Limited was incorporated on 22 Oct 2008.

  • The authorized share capital of Raks Pharma Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 1.62 Cr.

  • Currently 4 directors are associated with Raks Pharma Private Limited.

    • Suresh Punambhai Patel
    • Sandeep Radhakisan Raktate
    • Rajeev Midha
    • Rahul Maitra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raks Pharma Private Limited is 901-911 Iscon Elegance Opp. Karnavati Club S.G.Highway, India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Raks Pharma Private Limited is U24233GJ2008PTC068526 and the company number is 068526 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raks Pharma Private Limited is https://www.rakspharma.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Raks Pharma Private Limited has risen by 67.61%.

  • As Per 2023 financial reports, 467 employees are currently employed by Raks Pharma Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Raks Pharma Private Limited has experienced an upsurge of 119.32%.

  • The most recent Balance Sheet for Raks Pharma Private Limited was filed with the ROC on 31 Mar 2024.

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