Thrift Pharmaceuticals Private Limited

Pharmaceutical company manufacturing tablets, capsules, liquids, powders, and external preparations since 1996.

1996 | Baroda, Gujarat (India) | Active
Last Updated:

Thrift Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 M
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -11.12%
  • Profit Growth 244.49%
  • Ebitda 68.45%
  • Net Worth 26.82%
  • Total Assets -9.35%

About Thrift Pharmaceuticals

Thrift Pharmaceuticals Private Limited (TPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 July 1996 and has a history of 28 years and seven months. Its registered office is in Baroda, Gujarat.

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 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹4.00 M. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Meenu Singh, Manav Singh, and Jagminder Singh serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1996PTC030237

  • Company No.

    030237

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 1996

  • Date of AGM

    29 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 Thrift Pharmaceuticals?

Board Members (3)

NameDesignationAppointment DateStatus
Meenu Singh Country flag representing In Director 15-Feb-2022Current
Manav Singh Country flag representing In Director 15-May-2013Current
Jagminder Singh Country flag representing In Director 01-Aug-1996Current

Financial Performance of Thrift Pharmaceuticals.

Thrift Pharmaceuticals Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.12% decrease. The company also saw a substantial improvement in profitability, with a 244.49% increase in profit. The company's net worth Soared by an impressive increase of 26.82%.

Thrift Pharmaceuticals revenue growth over time
Thrift 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
-11.12%
Revenue from Operations
-11.32%
Total Assets
-9.35%
Profit or Loss
244.49%
Net Worth
26.82%
EBITDA
68.45%

What is the Ownership and Shareholding Structure of Thrift Pharmaceuticals?

In 2021, Thrift 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

₹4.00 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
13 Mar 2015Yes Bank Limited₹4.00 MOpen
12 Jun 2013Punjab National Bank₹5.00 MSatisfied

How Many Employees Work at Thrift Pharmaceuticals?

Thrift Pharmaceuticals has a workforce of 42 employees as of Apr 09, 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 Thrift Pharmaceuticals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Thrift 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 Thrift 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 Thrift Pharmaceuticals

Recent activity within the organization

  • Annual General Meeting

    Thrift Pharmaceuticals Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Meenu Singh was appointed as a Director was appointed as a Director on 15 Feb 2022 & has been associated with this company since 3 years 18 days .

  • Charges

    A charge registered on 12 Jun 2013 via Charge ID 10435349 with Punjab National Bank was fully satisfied on 30 Apr 2015.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 4.00 M with Charge ID 10575508 was registered on 13 Mar 2015.

  • Charges

    A charge with Punjab National Bank amounted to Rs. 5.00 M with Charge ID 10435349 was registered on 12 Jun 2013.

Frequently asked questions

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

    Thrift Pharmaceuticals Private Limited was incorporated on 18 Jul 1996.

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

    The authorized share capital of Thrift Pharmaceuticals Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

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

    Currently 3 directors are associated with Thrift Pharmaceuticals Private Limited.

    • Meenu Singh
    • Manav Singh
    • Jagminder Singh

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Thrift Pharmaceuticals Private Limited is 606 Basidhar Complexopp Polo Ground India, Baroda, Gujarat, 394220.

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

    The corporate identification number (CIN) of Thrift Pharmaceuticals Private Limited is U24231GJ1996PTC030237 and the company number is 030237 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Thrift Pharmaceuticals Private Limited is https://www.thriftpharmaceuticals.com

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

    According to the financial reports for the fiscal year 2021, the revenue trend for Thrift Pharmaceuticals Private Limited has fallen by -11.12%.

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

    As Per 2021 financial reports, 42 employees are currently employed by Thrift Pharmaceuticals Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Thrift Pharmaceuticals Private Limited has experienced an upsurge of 26.82%.

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

    As per the financial statements for fiscal Year 2021, The total open charges for Thrift Pharmaceuticals Private Limited amount to ₹ 4.00 M.

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

    The most recent Balance Sheet for Thrift Pharmaceuticals Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Drug Formulation & Development