Abax Pharm Solutions Private Limited

Abax Pharm Solutions Private Limited - professional services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U73100KA2010PTC054379 Incorporated 07 July 2010 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company professional services
Data last updated
Revenue · FY 2016
₹28,500
▼ 19% YoY
Net loss · FY 2016
₹62,136
Net margin -218%
EBITDA · FY 2016
-₹68,073
EBITDA margin -238.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Last financials
Mar 2016
Balance sheet date

About Abax Pharm Solutions Private Limited

Data last updated:

Abax Pharm Solutions Private Limited was a private limited company based in Bangalore, Karnataka, 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 technical services segment of the professional services sector. It was incorporated on 07 July 2010.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2010PTC054379.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Shailendra Bhalchandra Shettennavar (Managing Director) and Bidargaddi Virupaksha Varada.

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 No.68/2 1st Floor 1st Block 15th Cross R.T. Nagar, Bangalore, Karnataka, India – 560032.

As per the financials filed for FY 2016, the company reported a revenue of ₹28,500, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹62,136 (net margin -218%) and EBITDA of -₹68,073 (EBITDA margin -238.9%).

Company Details of Abax Pharm Solutions Private Limited
CIN U73100KA2010PTC054379
Registration Number 054379
Incorporation Date 07 July 2010
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No.68/2 1st Floor 1st Block 15th Cross R.T. Nagar, Bangalore, Karnataka, India – 560032
  • Industry
    Professional Services, Technical, Personal, Scientific
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Financials, compliance, directors, charges, ownership and filings for Abax Pharm Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Abax Pharm Solutions Private Limited

The main business activity of Abax Pharm Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Financials of Abax Pharm Solutions Private Limited FY 2016 filings available

Abax Pharm Solutions Private Limited reported revenue of ₹28,500 (down 19% YoY) for FY 2016.

Revenue · FY 2016
₹28,500 ▼ 19%
Net loss · FY 2016
₹62,136 margin -218%
EBITDA · FY 2016
-₹68,073 margin -238.9%

Compounded Annual Growth Rate (CAGR) of Abax Pharm Solutions Private Limited

Revenue CAGR growth
1 year
▼ 19%
EBITDA CAGR growth
1 year
▲ 32%

Revenue fell 19% in the latest year. EBITDA rose 32% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Abax Pharm Solutions Private Limited

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹28,500••••
Other Income••••••••
Total Revenue••••••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA-₹68,073••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)-₹62,136••••
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 of Abax Pharm Solutions Private Limited

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin-238.9%••••
Net Profit Margin-218%••••
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••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Abax Pharm Solutions are in the company report.

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Financial statements from 2015

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Peer Comparison of Abax Pharm Solutions Private Limited

Abax Pharm Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Appking Tech Solutions Private Limited••••••••••••••••-S.A.S.Nagar (Mohali), Punjab, India
Notch IT Up Productions Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Digitfort Integrated Private Limited••••••••••••••••-Kallakurichi, Tamil Nadu, India
Creator Research Private Limited••••••••••••••••-Aurangabad, Maharashtra, India
Abax Pharm Solutions Private Limited this company••••••••••••••••-Bangalore, Karnataka, India
We Serve Infotech OPC Private Limited••••••••••••••••-New Delhi, Delhi, India
Strivebit Technologies Private Limited••••••••••••••••-Bulandshahr, Uttar Pradesh, India
Bharatbees Technology Solutions Private Limited••••••••••••••••-Noida, Uttar Pradesh, India
Brahamputra Energy Project Private Limited••••••••••••••••-Kolkata, West Bengal, India
Giriraj Goods Private Limited••••••••••••••••-Kolkata, West Bengal, India
Rightcompass Services Private Limited••••••••••••••••-Mangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Abax Pharm Solutions by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Abax Pharm Solutions Private Limited

Abax Pharm Solutions Private Limited is audited by BADAMI & KAMATH for the financial year 2016.

NameStatusAppointment DateCessation Date
BADAMI & KAMATHLockedLockedLocked
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Board of Directors of Abax Pharm Solutions Private Limited

Abax Pharm Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Shailendra Bhalchandra ShettennavarManaging Director07 Jul 201016 Years 3 MonthsAs last reported
Bidargaddi Virupaksha VaradaDirector28 Feb 201115 Years 7 MonthsAs last reported

Ownership and Shareholding of Abax Pharm Solutions Private Limited

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Charges & Borrowings of Abax Pharm Solutions Private Limited

Abax Pharm Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Abax Pharm Solutions Private Limited

Employment history and EPFO contributions of people linked to Abax Pharm Solutions.

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Employee and EPFO history

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Recent Activity on Abax Pharm Solutions Private Limited

Abax Pharm Solutions Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Bidargaddi Virupaksha Varada ceased to be Additional Director on 30 Sep 2011.

AGM
Abax Pharm Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Abax Pharm Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.
Ceased
Bidargaddi Virupaksha Varada ceased to be Additional Director.
Appointed
Bidargaddi Virupaksha Varada was appointed as Director.
Ceased
Sunilkumar Jambigi ceased to be Director.
Appointed
Shailendra Bhalchandra Shettennavar was appointed as Managing Director.
Incorporation
07 Jul 2010
Abax Pharm Solutions Private Limited was registered on 07 Jul 2010 with Roc Bangalore & aged 16 years 3 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Abax Pharm Solutions Private Limited

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MSME Payment Delays by Abax Pharm Solutions Private Limited

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Subsidiaries & Group Companies of Abax Pharm Solutions Private Limited

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GST Compliance of Abax Pharm Solutions Private Limited

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MCA Filings & Documents of Abax Pharm Solutions Private Limited

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Frequently Asked Questions about Abax Pharm Solutions Private Limited

Abax Pharm Solutions 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.

Abax Pharm Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in technical, within the professional services industry. It was incorporated on 07 July 2010 and is registered under CIN U73100KA2010PTC054379. The company has been struck off by the Registrar of Companies and is no longer operational.

Abax Pharm Solutions had 2 directors:

The CIN (Corporate Identification Number) of Abax Pharm Solutions is U73100KA2010PTC054379. 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 Abax Pharm Solutions is at No.682 1st Floor 1st Block 15th Cross R.T. Nagar, Bangalore, Karnataka, India – 560032.

Abax Pharm Solutions was incorporated on 07 July 2010. It is registered with the Registrar of Companies, Bangalore.

Abax Pharm Solutions reported revenue of ₹28,500 for FY 2016 (down 19% YoY).

Abax Pharm Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.

Abax Pharm Solutions reported a net loss of ₹62,136 (net margin -218%) and EBITDA of -₹68,073 (EBITDA margin -238.9%) for FY 2016, as per its filed financial statements.

Abax Pharm Solutions operated in the professional services industry, in the technical segment. It worked in this industry before it was struck off.

No. Abax Pharm Solutions is not listed on any stock exchange. It is an unlisted company.

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