
Heartbit Pharma Private Limited
About Heartbit Pharma Private Limited
Data last updated:
Heartbit Pharma Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 24 September 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2014PTC080885. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Mukeshkumar Jagubhai Muliya and Kanjibhai Ratilal Gondaliya.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Ff/13 New York Darshan Complex Opposite Inductotherm Bopal, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2016, the company reported a revenue of ₹67,484, a growth of 100% compared to the previous year. For the same year it recorded a net loss of ₹99,808 (net margin -147.9%) and EBITDA of -₹1.42 Lakh (EBITDA margin -210.4%).
Company details
Contact details
Heartbit Pharma Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressFf/13 New York Darshan Complex Opposite Inductotherm Bopal, Ahmedabad, Gujarat, India – 380058
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Heartbit Pharma Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Heartbit Pharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Heartbit Pharma Private Limited, buy the company report.
Financials of Heartbit Pharma Private Limited
FY 2016 filings availableHeartbit Pharma Private Limited reported revenue of ₹67,484 (up 100% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 100% in the latest year. EBITDA rose 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹67,484 | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.42 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹99,808 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -210.4% | |
| Net Profit Margin | -147.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Heartbit Pharma Private Limited, buy the company report.
Board of directors of Heartbit Pharma Private Limited
Heartbit Pharma has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukeshkumar Jagubhai Muliya | Director | 24 Sep 2014 | 12 Years 1 Months | As last reported |
| Kanjibhai Ratilal Gondaliya | Director | 24 Sep 2014 | 12 Years 1 Months | As last reported |
| Ketankumar Vrajlal Kachhadiya | Director | 24 Sep 2014 | 12 Years 1 Months | As last reported |
Peer comparison
Heartbit Pharma Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shreeniramay Ayurveda Private Limited | ₹69,738 (FY 2024) | 34.0% | Vithal Udyognagar, Gujarat, India | |||
| Heartbit Pharma Private Limitedthis company | ₹67,484 (FY 2016) | -₹99,808 | -147.9% | 100.0% | Ahmedabad, Gujarat, India | |
| Malik and Malik Pharma Private Limited | ₹67,240 (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Siddhaquest Pharmaceuticals Private Limited | ₹66,682 (FY 2021) | Chennai, Tamil Nadu, India |
To see the full peer comparison of Heartbit Pharma Private Limited, buy the company report.
Auditor
Heartbit Pharma Private Limited is audited by N D V R & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D V R & CO | FY 2016 | 129166W |
Shareholding
The shareholding of Heartbit Pharma Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Heartbit Pharma Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Heartbit Pharma Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Heartbit Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Heartbit Pharma has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Heartbit Pharma Private Limited, buy the company report.
Recent activity
Heartbit Pharma Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Vipul Parbatbhai Dobariya ceased to be Director on 22 Jan 2018.
Frequently asked questions
Heartbit Pharma has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Heartbit Pharma was a private limited company based in Ahmedabad, Gujarat, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 24 September 2014 and is registered under CIN U24100GJ2014PTC080885. The company has been struck off by the Registrar of Companies and is no longer operational.
Heartbit Pharma had 3 directors:
- Mukeshkumar Jagubhai Muliya - Director
- Kanjibhai Ratilal Gondaliya - Director
- Ketankumar Vrajlal Kachhadiya - Director
The CIN (Corporate Identification Number) of Heartbit Pharma is U24100GJ2014PTC080885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Heartbit Pharma is at Ff13 New York Darshan Complex Opposite Inductotherm Bopal, Ahmedabad, Gujarat, India – 380058.
Heartbit Pharma was incorporated on 24 September 2014. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Heartbit Pharma on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Heartbit Pharma has 1 GST registration on record and it is cancelled or inactive.
Heartbit Pharma operated in the pharma industry, in the drug formulation and development segment. It worked in this industry before it was struck off.
The peers of Heartbit Pharma by revenue are Shreeniramay Ayurveda Private Limited, Malik and Malik Pharma Private Limited, Siddhaquest Pharmaceuticals Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Vipul Parbatbhai Dobariya ceased to be Director on 22 Jan 2018. Kanjibhai Ratilal Gondaliya was appointed as Director on 24 Sep 2014. Ketankumar Vrajlal Kachhadiya was appointed as Director on 24 Sep 2014. Heartbit Pharma has 4 board changes on record in total.

