Venkata Narayana Active Ingredients Private Limited

Produces active pharmaceutical ingredients and intermediates for domestic and export markets.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Venkata Narayana Active Ingredients Profile

Key Indicators

  • Authorised Capital ₹ 39.00 Cr
  • Paid Up Capital ₹ 26.53 Cr
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 250.08 Cr
  • Satisfied Charges ₹ 77.51 Cr
  • Revenue Growth -18.55%
  • Profit Growth 16.28%
  • Ebitda 80.03%
  • Net Worth -79.80%
  • Total Assets -5.24%

About Venkata Narayana Active Ingredients

Venkata Narayana Active Ingredients Private Limited (VNAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 September 2005 and has a history of 19 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Venkatanarayana 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 2023. It's a company limited by shares with an authorized capital of Rs 39.00 Cr and a paid-up capital of Rs 26.53 Cr.

The company currently has active open charges totaling ₹250.08 Cr. The company has closed loans amounting to ₹77.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Venkata Narayana Active Ingredients Private Limited India are Ramesh Joijode as COMPANY SECRETARY and Thiruvengadathan Parthasarathi as Cfo. Chandra Verma, Deepak Abhayakumar, and Abhaya Srisrimal serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vnai.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24231TN2005PTC057504

  • Company No.

    057504

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 2005

  • Date of AGM

    20 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Pharma

What products or services does Venkata Narayana Active Ingredients Private Limited offer?

Venkata Narayana Active Ingredients Private Limited offers a wide range of products and services, including Pharma Ingredients & Raw Materials, API (Active Pharmaceutical Ingredients), Blood System and Cardiovascular API, Pain Relief Drugs & Pharmaceuticals, Arthritic Drugs.

Who are the key members and board of directors at Venkata Narayana Active Ingredients?

Executive Team (3)

NameDesignationAppointment DateStatus
Ramesh Joijode Company Secretary27-Mar-2017Current
Thiruvengadathan Parthasarathi Country flag representing In CFO13-Sep-2021Current
Chandra Verma Country flag representing In Managing Director07-Dec-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Abhaya Srisrimal Country flag representing In Director 15-Sep-2005Current
Deepak Abhayakumar Country flag representing In Whole-Time Director 12-Sep-2021Current

Financial Performance of Venkata Narayana Active Ingredients.

Venkata Narayana Active Ingredients Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.55% decrease. The company also saw a substantial improvement in profitability, with a 16.28% increase in profit. The company's net worth observed a substantial decline by a decrease of 79.8%.

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
-18.55%
Revenue from Operations
-15.78%
Total Assets
-5.24%
Profit or Loss
16.28%
Net Worth
-79.80%
EBITDA
80.03%

What is the Ownership and Shareholding Structure of Venkata Narayana Active Ingredients?

In 2023, Venkata Narayana Active Ingredients had a promoter holding of 84.71% and a public holding of 15.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹250.08 Cr

Satisfied Charges

₹77.51 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 86.31 Cr
  • Canara Bank : 83.82 Cr
  • Hdfc Bank Limited : 79.95 Cr

Latest Charge Details

DateLenderAmountStatus
13 Mar 2023Hdfc Bank Limited₹10.00 CrOpen
09 Jan 2023Canara Bank₹0.98 MOpen
07 Nov 2022Canara Bank₹1.21 MOpen
07 Sep 2022Canara Bank₹3.43 MOpen
03 Jul 2021Hdfc Bank Limited₹1.32 MOpen

How Many Employees Work at Venkata Narayana Active Ingredients?

Venkata Narayana Active Ingredients has a workforce of 378 employees as of Apr 02, 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 Venkata Narayana Active Ingredients, 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 Venkata Narayana Active Ingredients'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 Venkata Narayana Active Ingredients

Recent activity within the organization

  • Annual General Meeting

    Venkata Narayana Active Ingredients Private Limited last Annual general meeting of members was held on 20 Dec 2023 as per latest MCA records.

    20 Dec 2023

  • Charges

    A charge registered on 03 Jun 2019 via Charge ID 100313318 with Axis Bank Limited was fully satisfied on 25 Aug 2023.

    25 Aug 2023

  • Balance Sheet

    Venkata Narayana Active Ingredients Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100702231 was registered on 13 Mar 2023.

    13 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 58.36 Cr registered on 01 Nov 2006 with Charge ID 10025740 was modified on 27 Jan 2023.

    27 Jan 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 0.10 Cr with Charge ID 100672192 was registered on 09 Jan 2023.

    09 Jan 2023

Frequently asked questions

  • Venkata Narayana Active Ingredients Private Limited was incorporated on 15 Sep 2005.

  • The authorized share capital of Venkata Narayana Active Ingredients Private Limited is ₹ 39.00 Cr and paid-up capital is ₹ 26.53 Cr.

  • Currently 5 directors are associated with Venkata Narayana Active Ingredients Private Limited.

    • Ramesh Joijode
    • Thiruvengadathan Parthasarathi
    • Chandra Kumar Verma
    • Deepak Abhayakumar
    • Abhaya Kumar Srisrimal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venkata Narayana Active Ingredients Private Limited is Khivraj Complex-Ii First Floor No.480, Annasalai India, Chennai City Corporation, Tamil Nadu, 600035.

  • The corporate identification number (CIN) of Venkata Narayana Active Ingredients Private Limited is U24231TN2005PTC057504 and the company number is 057504 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venkata Narayana Active Ingredients Private Limited is https://www.vnai.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venkata Narayana Active Ingredients Private Limited has fallen by -18.55%.

  • As Per 2023 financial reports, 378 employees are currently employed by Venkata Narayana Active Ingredients Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venkata Narayana Active Ingredients Private Limited has experienced an downturn of -79.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venkata Narayana Active Ingredients Private Limited amount to ₹ 250.08 Cr.

  • The most recent Balance Sheet for Venkata Narayana Active Ingredients Private Limited was filed with the ROC on 31 Mar 2023.

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