Terrace Pharmaceuticals Private Limited

This company manufactures and exports pharmaceutical formulations, including capsules, syrups, powders, and more.

2005 | Rupnagar, Punjab (India) | Active
Last Updated:

Terrace Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.75 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 43.11%
  • Profit Growth 71.78%
  • Ebitda -8.20%
  • Net Worth 4.79%
  • Total Assets 14.60%

About Terrace Pharmaceuticals

Terrace Pharmaceuticals Private Limited (TPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 November 2005 and has a history of 19 years and four months. Its registered office is in Rupnagar, 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹32.75 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Robin Chopra, Gauri Shankar, and Parveen Kumar serve as directors at the Company.

Company Details

  • Location

    Rupnagar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100PB2005PTC029175

  • Company No.

    029175

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Pharma

What products or services does Terrace Pharmaceuticals Private Limited offer?

Terrace Pharmaceuticals Private Limited offers a wide range of products and services, including Common Disease Medicines, Allopathic Cough Syrup, Brain & Nervous System Drugs, Antidepressant & Anti Anxiety Medicines, Antiepileptic Drugs, Antihistamines, Cardiovascular Drugs & Medication, Antianginal Drugs, Anti Infective Drugs & Medicines, Antifungal Cream, Ointment & Powder.

Company report

Terrace Pharmaceuticals Private Limited

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

Who are the key members and board of directors at Terrace Pharmaceuticals?

Board Members (3)

NameDesignationAppointment DateStatus
Robin Chopra Country flag representing In Director 17-Dec-2019Current
Gauri Shankar Country flag representing In Director 12-Oct-2022Current
Parveen Kumar Country flag representing In Director 14-Mar-2023Current

Financial Performance of Terrace Pharmaceuticals.

Terrace Pharmaceuticals Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.11% increase. The company also saw a substantial improvement in profitability, with a 71.78% increase in profit. The company's net worth moved up by a moderate rise of 4.79%.

Terrace Pharmaceuticals revenue growth over time
Terrace Pharmaceuticals 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
43.11%
Revenue from Operations
43.16%
Total Assets
14.60%
Profit or Loss
71.78%
Net Worth
4.79%
EBITDA
-8.20%

What is the Ownership and Shareholding Structure of Terrace Pharmaceuticals?

In 2021, Terrace Pharmaceuticals 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

₹327.47 M

Satisfied Charges

₹30.00 M

Charges Breakdown by Lending Institutions

  • Others : 12.18 Cr
  • Hdfc Bank Limited : 10.62 Cr
  • Axis Bank Limited : 9.95 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 2023Axis Bank Limited₹9.95 CrOpen
03 Mar 2022Hdfc Bank Limited₹10.62 CrOpen
13 Jul 2020Others₹1.38 CrOpen
31 Jul 2014Others₹10.80 CrOpen
30 Jun 2011Punjab National Bank₹3.00 CrSatisfied

How Many Employees Work at Terrace Pharmaceuticals?

Terrace Pharmaceuticals has a workforce of 98 employees as of Apr 07, 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 Terrace Pharmaceuticals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Terrace Pharmaceuticals, 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 Terrace Pharmaceuticals'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 Terrace Pharmaceuticals

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 99.50 M with Charge ID 100804732 was registered on 18 Oct 2023.

  • Annual General Meeting

    Terrace Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Terrace Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Parveen Kumar was appointed as a Director was appointed as a Director on 14 Mar 2023 & has been associated with this company since 2 years .

  • Director Appointment

    Gauri Shankar was appointed as a Director was appointed as a Director on 12 Oct 2022 & has been associated with this company since 2 years 5 months .

  • Charges

    A charge with Others of Rs. 107.97 M registered on 31 Jul 2014 with Charge ID 10526659 was modified on 29 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Terrace Pharmaceuticals Private Limited?

    Terrace Pharmaceuticals Private Limited was incorporated on 11 Nov 2005.

  • What is authorized share capital and paid-up capital of Terrace Pharmaceuticals Private Limited?

    The authorized share capital of Terrace Pharmaceuticals Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Terrace Pharmaceuticals Private Limited?

    Currently 3 directors are associated with Terrace Pharmaceuticals Private Limited.

    • Robin Chopra
    • Gauri Shankar
    • Parveen Kumar

  • What is the registered address of Terrace Pharmaceuticals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Terrace Pharmaceuticals Private Limited is Plot No. E 141 Phase 7, Industrial Focal Point India, S.A.S.Nagar (Mohali), Punjab, 160055.

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

    The corporate identification number (CIN) of Terrace Pharmaceuticals Private Limited is U24100PB2005PTC029175 and the company number is 029175 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Terrace Pharmaceuticals Private Limited?

    The Official website of Terrace Pharmaceuticals Private Limited is https://www.terracepharma.com

  • What has been the recent revenue trend for Terrace Pharmaceuticals Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Terrace Pharmaceuticals Private Limited has risen by 43.11%.

  • How many employees does Terrace Pharmaceuticals Private Limited currently have?

    As Per 2022 financial reports, 98 employees are currently employed by Terrace Pharmaceuticals Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Terrace Pharmaceuticals Private Limited has experienced an upsurge of 4.79%.

  • What are the total open charges for Terrace Pharmaceuticals Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Terrace Pharmaceuticals Private Limited amount to ₹ 32.75 Cr.

  • When was the last Balance Sheet of Terrace Pharmaceuticals Private Limited filed with the ROC?

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

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