Stellar Formulations Industries Private Limited

Pharmaceutical company with manufacturing facility in Gujarat and branch office in Mumbai.

2009 | Vadodara, Gujarat (India) | Active
Last Updated: November 16, 2024

Stellar Formulations Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 28.84 Cr
  • Revenue Growth 49.88%
  • Profit Growth 9455.55%
  • Ebitda 72.32%
  • Net Worth 12.94%
  • Total Assets 0.75%

About Stellar Formulations Industries

Stellar Formulations Industries Private Limited (SFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 November 2009 and has a history of 15 years and three months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Soleil Pharma 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 3.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹28.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayesh Shanghvi, Rajen Shanghvi, Vinit Shanghvi, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24100GJ2009PTC058627

  • Company No.

    058627

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Stellar Formulations Industries Private Limited offer?

Stellar Formulations Industries Private Limited offers a wide range of products and services, including Pharma Ingredients & Raw Materials, Antipyretic and Analgesic API.

Who are the key members and board of directors at Stellar Formulations Industries?

Board Members (4)

NameDesignationAppointment DateStatus
Rajen Shanghvi Country flag representing In Director 06-Jan-2016Current
Jayesh Shanghvi Country flag representing In Director 27-Apr-2015Current
Vinit Shanghvi Country flag representing In Director 06-Jan-2016Current
Bhushan Shanghvi Country flag representing In Director 05-Dec-2016Current

Financial Performance of Stellar Formulations Industries.

Stellar Formulations Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.88% increase. The company also saw a substantial improvement in profitability, with a 9455.55% increase in profit. The company's net worth Soared by an impressive increase of 12.94%.

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
49.88%
Revenue from Operations
49.63%
Total Assets
0.75%
Profit or Loss
9455.55%
Net Worth
12.94%
EBITDA
72.32%

What is the Ownership and Shareholding Structure of Stellar Formulations Industries?

In 2023, Stellar Formulations Industries 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

₹2.00 Cr

Satisfied Charges

₹28.84 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jun 2018Others₹2.00 CrOpen
17 Mar 2016Others₹10.00 CrSatisfied
15 Feb 2011Indian Bank₹9.42 CrSatisfied
11 Feb 2011Indian Bank₹9.42 CrSatisfied

How Many Employees Work at Stellar Formulations Industries?

Stellar Formulations Industries has a workforce of 80 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Stellar Formulations Industries, 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 Stellar Formulations Industries'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 Stellar Formulations Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 2.00 Cr registered on 15 Jun 2018 with Charge ID 100202284 was modified on 20 May 2024.

    20 May 2024

  • Balance Sheet

    Stellar Formulations Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 17 Mar 2016 via Charge ID 100023479 with Others was fully satisfied on 13 Apr 2020.

    13 Apr 2020

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 17 Mar 2016 with Charge ID 100023479 was modified on 23 Aug 2018.

    23 Aug 2018

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100202284 was registered on 15 Jun 2018.

    15 Jun 2018

Frequently asked questions

  • Stellar Formulations Industries Private Limited was incorporated on 19 Nov 2009.

  • The authorized share capital of Stellar Formulations Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Stellar Formulations Industries Private Limited.

    • Jayesh Nanalal Shanghvi
    • Rajen Nanalal Shanghvi
    • Vinit Jayesh Shanghvi
    • Bhushan Nanalal Shanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Stellar Formulations Industries Private Limited is 83A Alindra Savli Gidc, India, Vadodara, Gujarat, 391775.

  • The corporate identification number (CIN) of Stellar Formulations Industries Private Limited is U24100GJ2009PTC058627 and the company number is 058627 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Stellar Formulations Industries Private Limited is https://www.stellarformulations.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Stellar Formulations Industries Private Limited has risen by 49.88%.

  • As Per 2023 financial reports, 80 employees are currently employed by Stellar Formulations Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Stellar Formulations Industries Private Limited has experienced an upsurge of 12.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Stellar Formulations Industries Private Limited amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Stellar Formulations Industries Private Limited was filed with the ROC on 31 Mar 2024.

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