Variety Pharmaceuticals Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.31 M
- Company Age 40 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.12 Cr
- Satisfied Charges ₹ 9.84 M
- Revenue Growth 86.62%
- Profit Growth 573.55%
- Ebitda -51.13%
- Net Worth 66.38%
- Total Assets 48.03%
About Variety Pharmaceuticals
Variety Pharmaceuticals Pvt Ltd (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 March 1984 and has a history of 40 years and ten months. Its registered office is in Palakkad, Kerala, 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 2.50 M and a paid-up capital of Rs 2.31 M.
The company currently has active open charges totaling ₹6.12 Cr. The company has closed loans amounting to ₹9.84 M, as per Ministry of Corporate Affairs (MCA) records.
Thekka Balakrishnan and Damodar Avanoor serve as directors at the Company.
Company Details
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Location
Palakkad, Kerala, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24231KL1984PTC003945
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Company No.
003945
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Mar 1984
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ernakulam
Industry
What products or services does Variety Pharmaceuticals Pvt Ltd offer?
Variety Pharmaceuticals Pvt Ltd offers a wide range of products and services, including Anti Infective Drugs & Medicines, Antibacterial Drugs, Nutraceuticals & Dietary Supplements, Multivitamin Syrup & Drops, Cardiovascular Drugs & Medication, Blood Pressure Medicine.
Who are the key members and board of directors at Variety Pharmaceuticals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thekka Balakrishnan
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Managing Director | 28-Sep-1999 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Damodar Avanoor
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Director | 30-Jun-2010 | Current |
Financial Performance of Variety Pharmaceuticals.
Variety Pharmaceuticals Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 86.62% increase. The company also saw a substantial improvement in profitability, with a 573.55% increase in profit. The company's net worth Soared by an impressive increase of 66.38%.
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What is the Ownership and Shareholding Structure of Variety Pharmaceuticals?
In 2022, Variety Pharmaceuticals had a promoter holding of 96.92% and a public holding of 3.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Chethana Formulations Private LimitedDamodar Avanoor is a mutual person
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Chethana Medicaments Pvt Ltd
Damodar Avanoor is a mutual person
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Variety Formulations Pvt LtdThekka Balakrishnan is a mutual person
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Chelamala Field Latex Producer Company LimitedDamodar Avanoor is a mutual person
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Chethana Remedies (India) Private Limited
Damodar Avanoor is a mutual person
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Chethana Merchandise Private Limited
Damodar Avanoor is a mutual person
Charges (Loans)
₹61.22 M
₹9.84 M
Charges Breakdown by Lending Institutions
- Dhanlaxmi Bank Limited : 5.99 Cr
- Hdfc Bank Limited : 0.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2023 | Dhanlaxmi Bank Limited | ₹0.05 M | Open |
| 22 Jun 2022 | Hdfc Bank Limited | ₹1.30 M | Open |
| 14 Jun 2022 | Dhanlaxmi Bank Limited | ₹1.70 Cr | Open |
| 14 Jun 2022 | Dhanlaxmi Bank Limited | ₹0.86 M | Open |
| 02 Jun 2021 | Dhanlaxmi Bank Limited | ₹7.00 M | Open |
How Many Employees Work at Variety Pharmaceuticals?
Variety Pharmaceuticals has a workforce of 33 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Variety 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 Variety Pharmaceuticals'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.
