Ven Petrochem & Pharma (India) Private Limited

Manufactures bulk drugs and drug intermediates in Gujarat and Mumbai.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ven Petrochem & Pharma (India) Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.50 M
  • Company Age 42 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.61 Cr
  • Revenue Growth 28.94%
  • Profit Growth 25.67%
  • Ebitda 83.03%
  • Net Worth 8.22%
  • Total Assets 1.24%

About Ven Petrochem & Pharma (India)

Ven Petrochem & Pharma (India) Private Limited (VPPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 1982 and has a history of 42 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Ven-Petro-Chem And Pharmaindia Pvt Ltd. 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 7.50 M and a paid-up capital of Rs 6.50 M.

The company has closed loans amounting to ₹4.61 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Hemal Choksey, Sushil Choksey, and Sunil Patel serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24200MH1982PTC027873

  • Company No.

    027873

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

Who are the key members and board of directors at Ven Petrochem & Pharma (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Sunil Patel Country flag representing In Managing Director27-Feb-1984Current

Board Members (2)

NameDesignationAppointment DateStatus
Hemal Choksey Country flag representing In Director 18-Jun-1998Current
Sushil Choksey Country flag representing In Director 16-Oct-2010Current

Financial Performance of Ven Petrochem & Pharma (India).

Ven Petrochem & Pharma (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.94% increase. The company also saw a substantial improvement in profitability, with a 25.67% increase in profit. The company's net worth moved up by a moderate rise of 8.22%.

Ven Petrochem & Pharma (India) revenue growth over time
Ven Petrochem & Pharma (India) 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
28.94%
Revenue from Operations
29.33%
Total Assets
1.24%
Profit or Loss
25.67%
Net Worth
8.22%
EBITDA
83.03%

What is the Ownership and Shareholding Structure of Ven Petrochem & Pharma (India)?

In 2023, Ven Petrochem & Pharma (India) 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

₹0

Satisfied Charges

₹46.07 M

Charges Breakdown by Lending Institutions

  • Development Credit Bank Limited : 1.30 Cr
  • Development Credit Bank Ltd : 1.01 Cr
  • Housing Development Finance Coporation Ltd : 1.00 Cr
  • The British Bank Of The Middle East : 0.40 Cr
  • Gujarat State Financial Corporation : 0.30 Cr
  • Others : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
14 Mar 2011Development Credit Bank Limited₹4.50 MSatisfied
29 Sep 2009Development Credit Bank Limited₹7.00 MSatisfied
15 Dec 2006Development Credit Bank Limited₹1.50 MSatisfied
19 Mar 2005Dev. Creidt Bank Ltd₹2.50 MSatisfied
23 Oct 1998Housing Development Finance Coporation Ltd₹1.00 CrSatisfied

How Many Employees Work at Ven Petrochem & Pharma (India)?

Unlock and access historical data on people associated with Ven Petrochem & Pharma (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Ven Petrochem & Pharma (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ven Petrochem & Pharma (India), 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 Ven Petrochem & Pharma (India)'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 Ven Petrochem & Pharma (India)

Recent activity within the organization

  • Annual General Meeting

    Ven Petrochem & Pharma (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Ven Petrochem & Pharma (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 29 Sep 1998 via Charge ID 90188747 with Others was fully satisfied on 16 Mar 2022.

  • Charges

    A charge registered on 23 Oct 1998 via Charge ID 90189152 with Housing Development Finance Coporation Ltd was fully satisfied on 06 Jan 2021.

  • Charges

    A charge registered on 14 Mar 2011 via Charge ID 10276841 with Development Credit Bank Limited was fully satisfied on 09 Jan 2020.

  • Charges

    A charge registered on 29 Sep 2009 via Charge ID 10180790 with Development Credit Bank Limited was fully satisfied on 09 Jan 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Ven Petrochem & Pharma (India) Private Limited?

    Ven Petrochem & Pharma (India) Private Limited was incorporated on 27 Jul 1982.

  • What is authorized share capital and paid-up capital of Ven Petrochem & Pharma (India) Private Limited?

    The authorized share capital of Ven Petrochem & Pharma (India) Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.50 M.

  • Who are the current board members & directors of Ven Petrochem & Pharma (India) Private Limited?

    Currently 3 directors are associated with Ven Petrochem & Pharma (India) Private Limited.

    • Hemal Chandravadan Choksey
    • Sushil Chandravadan Choksey
    • Sunil Champak Patel

  • What is the registered address of Ven Petrochem & Pharma (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ven Petrochem & Pharma (India) Private Limited is 409/410 Keshava Plotnoc-5 Eblockbandrakurlacomplex, Bandra(East) India, Mumbai, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Ven Petrochem & Pharma (India) Private Limited?

    The corporate identification number (CIN) of Ven Petrochem & Pharma (India) Private Limited is U24200MH1982PTC027873 and the company number is 027873 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ven Petrochem & Pharma (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ven Petrochem & Pharma (India) Private Limited has risen by 28.94%.

  • What change has been observed in the net worth of Ven Petrochem & Pharma (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ven Petrochem & Pharma (India) Private Limited has experienced an upsurge of 8.22%.

  • When was the last Balance Sheet of Ven Petrochem & Pharma (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Ven Petrochem & Pharma (India) Private Limited was filed with the ROC on 31 Mar 2023.

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