Shankara Medicines Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 27 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.53 Cr
- Satisfied Charges ₹ 12.90 Cr
- Revenue Growth 7.54%
- Profit Growth -70.86%
- Ebitda -19.54%
- Net Worth 0.22%
- Total Assets -10.63%
About Shankara Medicines
Shankara Medicines Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 December 1997 and has a history of 27 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Vasantha Pharmaceuticals Private Limited. 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹5.53 Cr. The company has closed loans amounting to ₹12.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Maruthai Periyasamy and Manjula Maruthai 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
U24231TN1997PTC039609
- Company No.
039609
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Dec 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Pharma
Who are the key members and board of directors at Shankara Medicines?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Maruthai Periyasamy  | Managing Director | 10-Oct-2007 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manjula Maruthai | Director | 10-Oct-2007 | Current |
Financial Performance of Shankara Medicines.
Shankara Medicines Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.54% increase. The company also saw a substantial fall in profitability, with a 70.86% decrease in profit. The company's net worth moved up by a moderate rise of 0.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shankara Medicines?
In 2023, Shankara Medicines had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Yesjr Distributors Private Limited
Maruthai Periyasamy is a mutual person
- Sri Vruddhi Medicals Private Limited
Maruthai Periyasamy is a mutual person
Charges (Loans)
Open Charges
₹5.53 Cr
Satisfied Charges
₹12.90 Cr
Charges Breakdown by Lending Institutions
- Others : 5.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2017 | Others | ₹5.53 Cr | Open |
| 21 Aug 2015 | Kotak Mahindra Bank Limited | ₹4.75 Cr | Satisfied |
| 26 Dec 2007 | Standard Chartered Bank | ₹3.15 Cr | Satisfied |
| 16 Jun 2006 | State Bank Of India | ₹5.00 Cr | Satisfied |
How Many Employees Work at Shankara Medicines?
Unlock and access historical data on people associated with Shankara Medicines, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shankara Medicines, 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 Shankara Medicines's trajectory.
Rating
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
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 Shankara Medicines
Recent activity within the organization
- Annual General Meeting
Shankara Medicines Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Shankara Medicines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Others of Rs. 5.53 Cr registered on 26 Dec 2017 with Charge ID 100148873 was modified on 10 Jul 2020.
- Charges
A charge registered on 21 Aug 2015 via Charge ID 10590117 with Kotak Mahindra Bank Limited was fully satisfied on 17 Dec 2018.
- Charges
A charge with Others amounted to Rs. 5.53 Cr with Charge ID 100148873 was registered on 26 Dec 2017.
- Charges
A charge registered on 26 Dec 2007 via Charge ID 10081152 with Standard Chartered Bank was fully satisfied on 26 Oct 2015.
Frequently asked questions
What is the Incorporation or founding date of Shankara Medicines Private Limited?
Shankara Medicines Private Limited was incorporated on 17 Dec 1997.
What is authorized share capital and paid-up capital of Shankara Medicines Private Limited?
The authorized share capital of Shankara Medicines Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Shankara Medicines Private Limited?
Currently 2 directors are associated with Shankara Medicines Private Limited.
- Maruthai Periyasamy
- Manjula Maruthai
What is the registered address of Shankara Medicines Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shankara Medicines Private Limited is New No.2 3 K.K.R.Avenueperambur, India, Chennai.600 011., Tamil Nadu, 600011.
What is the corporate identification number (CIN) and company number of Shankara Medicines Private Limited?
The corporate identification number (CIN) of Shankara Medicines Private Limited is U24231TN1997PTC039609 and the company number is 039609 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shankara Medicines Private Limited?
The Official website of Shankara Medicines Private Limited is https://www.vasanthagroup.co.in
What has been the recent revenue trend for Shankara Medicines Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shankara Medicines Private Limited has risen by 7.54%.
What change has been observed in the net worth of Shankara Medicines Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shankara Medicines Private Limited has experienced an upsurge of 0.22%.
What are the total open charges for Shankara Medicines Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shankara Medicines Private Limited amount to ₹ 5.53 Cr.
When was the last Balance Sheet of Shankara Medicines Private Limited filed with the ROC?
The most recent Balance Sheet for Shankara Medicines Private Limited was filed with the ROC on 31 Mar 2024.
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