Vital Formulations Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
as on 05-12-2024
- Paid Up Capital ₹ 1.13 Cr
as on 05-12-2024
- Company Age 35 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.80 Cr
as on 05-12-2024
- Satisfied Charges ₹ 1.95 Cr
as on 05-12-2024
- Revenue 29.47%
(FY 2023)
- Profit 242.94%
(FY 2023)
- Ebitda 338.32%
(FY 2023)
- Net Worth 295.76%
(FY 2023)
- Total Assets 3.64%
(FY 2023)
About Vital Formulations
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 6.50 Cr and a paid-up capital of Rs 1.13 Cr.
The company currently has active open charges totaling ₹7.80 Cr. The company has closed loans amounting to ₹1.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Harsh Parikh, Maulin Patel, Janki Patel, and One other member serve as directors at the Company.
- CIN/LLPIN
U24230GJ1989PLC012903
- Company No.
012903
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Oct 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Anand, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
What products or services does Vital Formulations Limited offer?
Vital Formulations Limited offers a wide range of products and services, including Common Disease Medicines, Pharmaceutical Tablets, Nutraceuticals & Dietary Supplements, Multivitamin Tablets & Capsules, Anti Infective Drugs & Medicines, Antibiotic Tablets, Capsule & Syrup.
Who are the key members and board of directors at Vital Formulations?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harsh Parikh  | Director | 01-Nov-2012 | Current |
| Maulin Patel | Director | 01-Nov-2012 | Current |
| Janki Patel | Director | 22-Jul-2013 | Current |
| Khyati Parikh | Director | 22-Jul-2013 | Current |
Financial Performance of Vital Formulations.
Vital Formulations Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.47% increase. The company also saw a substantial improvement in profitability, with a 242.94% increase in profit. The company's net worth Soared by an impressive increase of 295.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vital Formulations?
In 2023, Vital Formulations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 14 Nov 2024 | ₹2.22 Cr | Open |
Others Creation Date: 31 Jul 2024 | ₹2.92 M | Open |
Hdfc Bank Limited Creation Date: 28 Jan 2020 | ₹2.00 Cr | Open |
How Many Employees Work at Vital Formulations?
Vital Formulations has a workforce of 15 employees as of Apr 04, 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 Vital Formulations, 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 Vital Formulations'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.
