About Zentiva Private Limited
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Zentiva Private Limited is a foreign private limited company based in Ankleshwar, Gujarat, India, a subsidiary of Al Sirona (Luxembourg) Acquisition S.A.R.L.. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 24 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2019FTC122980. Its GSTIN is 24AABCZ4046P1ZX (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.75 Cr. It is led by directors including Steffen Matthias Saltofte and Sathyabalan.
Its last annual general meeting (AGM) was held on 24 March 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Plot No. 3501 To 3515 6301 To 6313 16 Meter Road/C GIDC Ankleshwar, Gujarat, India – 393002.
As per the financials filed for FY 2023, the company reported a revenue of ₹688.69 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹39.62 Cr (net margin 5.8%) and EBITDA of ₹93.49 Cr (EBITDA margin 13.6%).
The company has about 626 employees on its provident fund (EPFO) records.
Court records list 20 cases involving the company, including 1 filed by the company and 19 filed against it; 19 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in May 2020. The company has 9 MSME Form 1 returns on record between 2020 and 2024, listing 73 overdue payments to 24 micro and small suppliers.
For more details, the company can be reached via its website zentiva.in.
Company details
CIN history
Zentiva has one previous CIN (Corporate Identification Number): U24100MH2019FTC328411. The current CIN is U24100GJ2019FTC122980, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100GJ2019FTC122980 | Current |
| U24100MH2019FTC328411 | Previous |
Contact details
Zentiva Private Limited's registered office is in Ankleshwar, Gujarat. Its website is zentiva.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 3501 To 3515 6301 To 6313 16 Meter Road/C GIDC Ankleshwar, Gujarat, India – 393002
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Zentiva 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 Zentiva 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 Zentiva Private Limited, buy the company report.
Financials of Zentiva Private Limited
FY 2024 filings availableZentiva Private Limited reported revenue of ₹688.69 Cr (down 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year. EBITDA rose 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹688.69 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹93.49 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹39.62 Cr | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.6% | |||
| Net Profit Margin | 5.8% | |||
| 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 Zentiva Private Limited, buy the company report.
Board of directors of Zentiva Private Limited
Zentiva has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Steffen Matthias Saltofte | Director | 11 Sep 2023 | 3 Years 1 Months | Current |
| Sathyabalan | Director | 24 Jun 2022 | 4 Years 4 Months | Current |
| Thomas Cornelis Koene | Director | 24 Jul 2019 | 7 Years 3 Months | Current |
| Anant Anand Atal | Additional Director | 06 May 2025 | 1 Years 5 Months | Current |
Auditor
Zentiva Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Zentiva Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Zentiva Private Limited, buy the company report.
Deals & funding
Zentiva Private Limited has 1 deal on record (1 acquisition); the latest was in May 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2020 | Acquisition | ₹67.4 Cr | Buyer: Advent India PE Advisors |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zentiva Private Limited has 20 court cases on record: 1 filed by Zentiva, 19 filed against it. 19 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 19 | 18 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMIP) | Filed by the company against Zentiva Healthcare Pvt.Ltd. | Pending |
| District court, Bharuch, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Bharuch, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Bharuch, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Bharuch, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
To see the full case history of Zentiva 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
Zentiva Private Limited has 9 MSME Form 1 returns on record between 2020 and 2024, listing 73 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Armstrong International Private Limited | |||
| Rajnikant and Company | |||
| Rexel India Private Limited | |||
| JPB Chemical Industries Private Limited | |||
| Mike Offset |
To see the full MSME payment records of Zentiva Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Zentiva Private Limited has a workforce of 626 employees on its EPFO records as of Mar 29, 2025, across 1 active EPFO establishment.
GST
Zentiva has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCZ4046P1ZX | Gujarat | Active | 23 Nov 2019 |
| 27AABCZ4046P1ZR | Maharashtra | Active | 09 Dec 2019 |
To see the full GST registrations and return filing status of Zentiva Private Limited, buy the company report.
Recent activity
Zentiva Private Limited has 12 board changes on record since 2019: 4 appointments and 8 cessations. The latest: Anant Anand Atal was appointed as Additional Director on 06 May 2025.
3 earlier events are in the company report.
News
Frequently asked questions
Zentiva is an active foreign private limited company based in Ankleshwar, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 24 July 2019 (7+ years old) and is registered under CIN U24100GJ2019FTC122980.
Zentiva has 4 current directors:
- Steffen Matthias Saltofte - Director
- Sathyabalan - Director
- Thomas Cornelis Koene - Director
- Anant Anand Atal - Additional Director
The latest financial statements of Zentiva on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 24 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Zentiva is 24AABCZ4046P1ZX, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCZ4046P1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Zentiva is U24100GJ2019FTC122980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zentiva has 20 court cases on record: 1 filed by the company and 19 filed against it. 19 are pending. Most are in the district courts.
Zentiva was incorporated on 24 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Zentiva has 1 deal on record (1 acquisition); the latest was in May 2020.
Anant Anand Atal was appointed as Additional Director on 06 May 2025. Thomas Cornelis Koene ceased to be Director on 30 Apr 2025. Steffen Matthias Saltofte ceased to be Additional Director on 05 May 2024. Zentiva has 12 board changes on record in total.
Zentiva has 9 MSME Form 1 returns on record between 2020 and 2024, listing 73 overdue payments to 24 micro and small suppliers. The latest return was filed on 10 Apr 2024.
Zentiva can be reached through the website zentiva.in. Its registered office is in Ankleshwar, Gujarat, India.
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