Venus Remedies Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 13.37 Cr
- Company Age 35 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 909.48 Cr
- Revenue Growth -6.13%
- Profit Growth -40.87%
- Ebitda 124.63%
- Net Worth 6.37%
- Total Assets 5.22%
About Venus Remedies
Venus Remedies Limited (VRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 September 1989 and has a history of 35 years and five months. Its registered office is in Chandigarh, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526953 and on the National Stock Exchange(NSE) under VENUSREM.
The Corporate was formerly known as Venus Glucose 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 13.37 Cr.
The company has closed loans amounting to ₹909.48 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Venus Remedies Limited India are Pawan Chaudhary as CFO and Neha as Company Secretary. Jagdish Sharma, Manu Chaudhary, Peeyush Jain, and Six other members serve as directors at the Company.
Company Details
- Location
Chandigarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Pharma
What products or services does Venus Remedies Limited offer?
Venus Remedies Limited offers a wide range of products and services, including Anti Infective Drugs & Medicines, Anti Infective Agent, Antibiotic Injection, Pain Relief Drugs & Pharmaceuticals, Antipyretic Medication, Antibacterial Drugs, Infusion Syringes & Supplies, Syringes, Common Disease Medicines, Pharmaceutical Medicine.
Venus Remedies Limited
Explore comprehensive data for Venus Remedies Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Venus Remedies?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pawan Chaudhary  | CFO | 15-Sep-1989 | Current |
| Neha | Company Secretary | 11-Apr-2011 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manu Chaudhary | Whole-Time Director | 10-Oct-2005 | Current |
| Jagdish Sharma | Director | 13-Aug-2024 | Current |
| Peeyush Jain | Whole-Time Director | 28-Sep-1994 | Current |
| Savita Gupta | Director | 30-Dec-2021 | Current |
| Npsingh Monga | Director | 29-May-2023 | Current |
| Akshansh Chaudhary | Whole-Time Director | 27-May-2022 | Current |
Financial Performance of Venus Remedies.
Venus Remedies Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.13% decrease. The company also saw a substantial fall in profitability, with a 40.87% decrease in profit. The company's net worth moved up by a moderate rise of 6.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Venus Remedies?
In 2023, Venus Remedies had a promoter holding of 41.76% and a public holding of 58.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Spine Software Systems Private LimitedPeeyush Jain, Akshansh Chaudhary and 1 more are mutual person
Himachal Pradesh Beverages LimitedJagdish Sharma is a mutual person
- Sunev Pharma Solutions Limited
Manu Chaudhary, Ashutosh Jain and 1 more are mutual person
- Assetric Ventures Llp
Npsingh Monga is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹909.48 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 486.64 Cr
- Idbi Bank Limited : 82.00 Cr
- Dena Bank : 66.50 Cr
- Ifci Limited : 50.00 Cr
- Export-Import Bank Of India : 50.00 Cr
- Others : 174.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2015 | Idbi Trusteeship Services Limited | ₹16.57 Cr | Satisfied |
| 31 Mar 2014 | Dena Bank | ₹2.00 Cr | Satisfied |
| 09 Jan 2014 | Andhra Bank | ₹5.00 Cr | Satisfied |
| 09 Jan 2014 | Andhra Bank | ₹20.00 Cr | Satisfied |
| 26 Nov 2013 | Dena Bank | ₹14.50 Cr | Satisfied |
How Many Employees Work at Venus Remedies?
Venus Remedies has a workforce of 1119 employees as of Apr 08, 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 Venus Remedies, 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 Venus Remedies'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.
Latest Updates, News, and FAQs on Venus Remedies
Recent activity within the organization
- Annual General Meeting
Venus Remedies Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
- Director Appointment
Jagdish Chander Sharma was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 6 months 30 days .
- Balance Sheet
Venus Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Director Appointment
Npsingh Monga was appointed as a Director was appointed as a Director on 29 May 2023 & has been associated with this company since 1 year 9 months .
- Director Appointment
Akshansh Chaudhary was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 May 2022 & has been associated with this company since 2 years 9 months .
- Director Appointment
Savita Gupta was appointed as a Director was appointed as a Director on 30 Dec 2021 & has been associated with this company since 3 years 2 months .
Recent News, Updates & Announcement
- Venus Remedies gets marketing authorisations for three cancer drugs from Ukraine.
Saransh Chaudhary, President, Global Critical Care, Venus Remedies, said, These marketing approvals mark a significant milestone in our global expansion strategy. We are looking forward to introducing the entire range of our oncology products in Ukraine in due course, thereby contributing to the advancement of healthcare and making a positive impact on people's lives. .
- Venus Remedies gets coveted GMP certification from Libya.
The GMP certification for the company’s production facilities has added to its portfolio of international approvals from 25 regulators Venus Remedies has been awarded the Good Manufacturing Practices.
- Venus Remedies' Docetaxel and Cytarabine Approved in Israel and Colombia, Expanding Reach in Pharmaceutical Market.
When you get approval for your drugs in Israel and Colombia, you know you're a boss in the pharmaceutical game. Docetaxel and cytarabine are now ready to help fight cancer in these countries. Israel and Colombia are both growing markets for medicine, so it's a big win for Venus Remedies. The CEO and President are proud of their team's hard work and excited to bring their drugs to more people..
Frequently asked questions
What is the Incorporation or founding date of Venus Remedies Limited?
Venus Remedies Limited was incorporated on 15 Sep 1989.
What is authorized share capital and paid-up capital of Venus Remedies Limited?
The authorized share capital of Venus Remedies Limited is ₹ 20.00 Cr and paid-up capital is ₹ 13.37 Cr.
Who are the current board members & directors of Venus Remedies Limited?
Currently 11 directors are associated with Venus Remedies Limited.
- Jagdish Chander Sharma
- Manu Chaudhary
- Peeyush Jain
- Pawan Chaudhary
- Neha
- Savita Gupta
- Npsingh Monga
- Akshansh Chaudhary
- Navdeep Sud
- Ashutosh Jain
- Pawan Chaudhary
What is the registered address of Venus Remedies Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Venus Remedies Limited is Sco 857 2Nd Floor, C. No. 10 Nac Manimajra India, Chandigarh, 160101.
What is the corporate identification number (CIN) and company number of Venus Remedies Limited?
The corporate identification number (CIN) of Venus Remedies Limited is L24232CH1989PLC009705 and the company number is 009705 as per Ministry of Corporate Affairs (MCA).
Is Venus Remedies Limited registered with any stock exchange in India?
Yes, Venus Remedies Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): VENUSREM.
What is the official website of Venus Remedies Limited?
The Official website of Venus Remedies Limited is https://www.venusremedies.com
What has been the recent revenue trend for Venus Remedies Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Venus Remedies Limited has fallen by -6.13%.
How many employees does Venus Remedies Limited currently have?
As Per 2023 financial reports, 1119 employees are currently employed by Venus Remedies Limited.
What change has been observed in the net worth of Venus Remedies Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Venus Remedies Limited has experienced an upsurge of 6.37%.
When was the last Balance Sheet of Venus Remedies Limited filed with the ROC?
The most recent Balance Sheet for Venus Remedies Limited was filed with the ROC on 31 Mar 2024.
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