Panacea Financials Private Limited
About Panacea Financials Private Limited
Data last updated:
Panacea Financials Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 14 October 2004.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U45400PN2004PTC019845. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹68.69 Lakh. It was led by directors Amarjeetsingh Harbhajan Rajpal and Surindersingh Harbhajan Rajpal.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 201 Kpct – A 2nd Floor Fatima Nagar, Pune, Maharashtra, India – 411013.
As per the financials filed for FY 2016, the company reported a revenue of ₹26.69 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹13.36 Lakh (net margin -50%) and EBITDA of -₹7.45 Lakh (EBITDA margin -27.9%).
Court records list 2 cases involving the company, including 2 filed against it.
Company details
CIN history
Panacea Financials has one previous CIN (Corporate Identification Number): U67120PN2004PTC019845. The current CIN is U45400PN2004PTC019845, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400PN2004PTC019845 | Current |
| U67120PN2004PTC019845 | Previous |
Contact details
Panacea Financials Private Limited's registered office is in Pune, Maharashtra.
- Registered Address201 Kpct – A 2nd Floor Fatima Nagar, Pune, Maharashtra, India – 411013
- IndustryFinancial Services, Diversified Financial Services
- 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 Panacea Financials is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Panacea Financials Private Limited, buy the company report.
Financials of Panacea Financials Private Limited
FY 2016 filings availablePanacea Financials Private Limited reported revenue of ₹26.69 Lakh (down 19% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year. EBITDA fell 131% 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 | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹7.45 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹13.36 Lakh | |
| 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 | -27.9% | |
| Net Profit Margin | -50% | |
| 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 Panacea Financials Private Limited, buy the company report.
Board of directors of Panacea Financials Private Limited
Panacea Financials has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amarjeetsingh Harbhajan Rajpal | Director | 14 Oct 2004 | 22 Years 0 Months | As last reported |
| Surindersingh Harbhajan Rajpal | Director | 14 Oct 2004 | 22 Years 0 Months | As last reported |
Peer comparison
Panacea Financials Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adharshila Marketing Private Limited | ₹26.75 Lakh (FY 2020) | -25.0% | New Delhi, Delhi, India | |||
| Shadval India Nidhi Limited | ₹26.75 Lakh (FY 2024) | 15.0% | New Delhi, Delhi, India | |||
| Panacea Financials Private Limitedthis company | ₹26.69 Lakh (FY 2016) | -₹13.36 Lakh | -50% | -19.0% | Pune, Maharashtra, India | |
| RSVK Mercantile Private Limited | ₹26.65 Lakh (FY 2020) | -2.0% | Chennai, Tamil Nadu, India | |||
| Mirage Finance Pvt Ltd | ₹26.65 Lakh (FY 2024) | Indore Mp, Madhya Pradesh, India |
To see the full peer comparison of Panacea Financials Private Limited, buy the company report.
Legal cases
Panacea Financials Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Govt.Of India---Roc-- | Disposed |
To see the full case history of Panacea Financials Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Panacea Financials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panacea Financials 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 Panacea Financials Private Limited, buy the company report.
Recent activity
Panacea Financials Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Amarjeetsingh Harbhajan Rajpal was appointed as Director on 14 Oct 2004.
Frequently asked questions
Panacea Financials has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Panacea Financials was a private limited company based in Pune, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 14 October 2004 and is registered under CIN U45400PN2004PTC019845. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Panacea Financials was incorporated on 14 October 2004. It is registered with the Registrar of Companies, Pune.
Panacea Financials had 2 directors:
- Amarjeetsingh Harbhajan Rajpal - Director
- Surindersingh Harbhajan Rajpal - Director
The CIN (Corporate Identification Number) of Panacea Financials is U45400PN2004PTC019845. 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 Panacea Financials is at 201 Kpct – A 2nd Floor Fatima Nagar, Pune, Maharashtra, India – 411013.
The latest financial statements of Panacea Financials on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
No. Panacea Financials has 1 GST registration on record and it is cancelled or inactive.
Panacea Financials operated in the financial services industry, in the diversified financial services segment.
The peers of Panacea Financials by revenue are Adharshila Marketing Private Limited, Shadval India Nidhi Limited, RSVK Mercantile Private Limited, Mirage Finance Pvt Ltd, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Panacea Financials has 2 court cases on record: 2 filed against it.
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