MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0076080
Alloes Pharmaceuticals Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹36.48 Cr
▲ 47% YoY
Net profit · FY 2024
₹37.51 Lakh
Net margin 1%
EBITDA · FY 2024
₹1.42 Cr
EBITDA margin 3.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹39.99 Lakh
Issued & subscribed
Open charges
₹11 Cr
Satisfied ₹11.6 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
21
Provident fund records
About Alloes Pharmaceuticals Private Limited
Data last updated:
Alloes Pharmaceuticals Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 21 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24232GJ2003PTC043220. Its GSTIN is 24AABCH3723R1ZD (Gujarat). The company holds 9 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹39.99 Lakh. It was formerly known as Hexone Remedies Private Limited. It is led by directors including Sangita Jagrut Shah and Jagrut Pramodbhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.48 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹37.51 Lakh (net margin 1%) and EBITDA of ₹1.42 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 73% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Alloes Pharma. As per MCA filings, the company has open charges of ₹11 Cr and satisfied charges of ₹11.6 Cr on record. Court records list 97 cases involving the company, including 97 filed by the company; 46 cases are pending.
Alloes Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0076080). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alloespharma.com.
Company details
CIN U24232GJ2003PTC043220
Registration Number 043220
Incorporation Date 21 November 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0076080
Key People
Hetul Jagrutbhai Shah Additional Director Sangita Jagrut Shah Director Jagrut Pramodbhai Shah Director Recognitions & Rankings of Alloes Pharmaceuticals
Contact details
Alloes Pharmaceuticals Private Limited's registered office is in Ahmedabad, Gujarat. Its website is alloespharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address210 – A Infinity Tower Sur No. 884 Tp – 25 Sp – 5 Near Ramdev Hotel Corporate Road Prahl, Adnagar, Ahmedabad, Gujarat, India – 380015
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Alloes Pharmaceuticals Private Limited, buy the company report.
Comprehensive company report
Alloes Pharmaceuticals Private Limited - one report that includes everything
- 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
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Brands
Alloes Pharmaceuticals operates one associated brand: Alloes Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers Ayurvedic skin care, hair care, and health products with online sales. | alloespharma.com |
Business activity
The main business activity of Alloes Pharmaceuticals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Alloes Pharmaceuticals Private Limited, buy the company report.
Financials of Alloes Pharmaceuticals Private Limited
FY 2025 filings availableAlloes Pharmaceuticals Private Limited reported revenue of ₹36.48 Cr (up 47% YoY) for FY 2024.
Revenue · FY 2024
₹36.48 Cr ▲ 47%
Net profit · FY 2024
₹37.51 Lakh margin 1%
EBITDA · FY 2024
₹1.42 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 27%
5 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 16%
5 years · compounded
▲ 125%
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 47% growth in the latest year. EBITDA rose 38% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37.51 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Alloes Pharmaceuticals Private Limited, buy the company report.
Board of directors of Alloes Pharmaceuticals Private Limited
Alloes Pharmaceuticals has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hetul Jagrutbhai Shah | Additional Director | 02 Dec 2023 | 2 Years 11 Months | Current |
| Sangita Jagrut Shah Also directs: SHS Solutions LLP | Director | 21 Nov 2003 | 22 Years 11 Months | Current |
| Jagrut Pramodbhai Shah | Director | 21 Nov 2003 | 22 Years 11 Months | Current |
Peer comparison
Alloes Pharmaceuticals Private Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Ayurvedic Products and Services, Formulations, Pharmaceuticals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biotech Solutions & Pharmaceuticals Limited | ₹36.57 Cr (FY 2024) | 23.0% | Hyderabad, Telangana, India | |||
| Divine Savior Private Limited | ₹36.51 Cr (FY 2025) | 24.0% | Sanand, Gujarat, India | |||
| Alloes Pharmaceuticals Private Limitedthis company | ₹36.48 Cr (FY 2024) | ₹37.51 Lakh | 1% | 47.0% | 21 | Ahmedabad, Gujarat, India |
| Haw Par (India) Private Limited | ₹36.46 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Daffodil Drugs Private Limited | ₹36.27 Cr (FY 2025) | 44.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Alloes Pharmaceuticals Private Limited, buy the company report.
Auditor
Alloes Pharmaceuticals Private Limited is audited by M A A K & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A A K & ASSOCIATES | FY 2023 | 135024W |
Shareholding
The shareholding of Alloes Pharmaceuticals Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alloes Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11 Cr
Satisfied charges
₹11.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jun 2020 | 100345651 | Others | ₹11 Cr | Open | |
| 22 May 2024 | 100922771 | Standard Chartered Bank | ₹11 Cr | Satisfied | |
| 20 Dec 2013 | 10467257 | Union Bank of India | ₹60 Lakh | Satisfied |
To see the full charge records of Alloes Pharmaceuticals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Alloes Pharmaceuticals Private Limited has 97 court cases on record: 97 filed by Alloes Pharmaceuticals. 46 cases are pending and 51 are disposed.
Total cases
97
Filed by the company
97
Pending
46
Disposed
51
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 97 | 0 | 46 |
Cases on record (5 of 97)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Yashshri Pharmaceuticals and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Ravi Ranjan-Shanaya Pharma Enterprise | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Nilesh Kumar-Mericana Pharma | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Vipul Pansuria -Anugrah Pharma and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Swapnil Prakash -Arnav Pharma | Pending |
To see the full case history of Alloes Pharmaceuticals 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 Alloes Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Alloes Pharmaceuticals Private Limited has a workforce of 21 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-53.33%
GST
Alloes Pharmaceuticals has 9 GST registrations: 6 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
6
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCH3723R1ZD | Gujarat | Active | 01 Jul 2017 |
| 23AABCH3723R1ZF | Madhya Pradesh | Active | 01 Aug 2021 |
| 27AABCH3723R2Z6 | Maharashtra | Active | 29 Oct 2021 |
| 10AABCH3723R1ZM | Bihar | Active | 08 Apr 2022 |
To see the full GST registrations and return filing status of Alloes Pharmaceuticals Private Limited, buy the company report.
Recent activity
Alloes Pharmaceuticals Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Hetul Jagrutbhai Shah was appointed as Additional Director on 02 Dec 2023.
AGM
Alloes Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Alloes Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 22 May 2024 via Charge ID 100922771 with Standard Chartered Bank was fully satisfied on 16 Aug 2024.
Charges
A charge with Others of Rs. 1,100.00 Lakh registered on 02 Jun 2020 with Charge ID 100345651 was modified on 11 Jul 2024.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1,100.00 Lakh with Charge ID 100922771 was registered on 22 May 2024.
Charges
A charge registered on 20 Dec 2013 via Charge ID 10467257 with Union Bank Of India was fully satisfied on 04 Dec 2023.
Appointed
Hetul Jagrutbhai Shah was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 1,100.00 Lakh with Charge ID 100345651 was registered on 02 Jun 2020.
Charges
A charge with Union Bank Of India amounted to Rs. 60.00 Lakh with Charge ID 10467257 was registered on 20 Dec 2013.
Appointed
Jagrut Pramodbhai Shah was appointed as Director.
Appointed
Sangita Jagrut Shah was appointed as Director.
Incorporation
21 Nov 2003
Alloes Pharmaceuticals Private Limited was registered on 21 Nov 2003 with Roc Ahmedabad & aged 22 years 11 months as per MCA records.
Frequently asked questions
Alloes Pharmaceuticals is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 21 November 2003 (23+ years old) and is registered under CIN U24232GJ2003PTC043220.
Alloes Pharmaceuticals has 3 current directors:
- Hetul Jagrutbhai Shah - Additional Director
- Sangita Jagrut Shah - Director
- Jagrut Pramodbhai Shah - Director
The latest financial statements of Alloes Pharmaceuticals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Alloes Pharmaceuticals is 24AABCH3723R1ZD, registered in Gujarat. The company has 9 GST registrations in all, of which 6 are active and 3 are cancelled or inactive. Other active GSTINs include 23AABCH3723R1ZF (Madhya Pradesh), 27AABCH3723R2Z6 (Maharashtra), 10AABCH3723R1ZM (Bihar).
The CIN (Corporate Identification Number) of Alloes Pharmaceuticals is U24232GJ2003PTC043220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alloes Pharmaceuticals has 97 court cases on record: 97 filed by the company. 46 are pending.
Alloes Pharmaceuticals was incorporated on 21 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Alloes Pharmaceuticals by revenue are Biotech Solutions & Pharmaceuticals Limited, Divine Savior Private Limited, Haw Par (India) Private Limited, Daffodil Drugs Private Limited, all in the Healthcare industry (Ayurvedic Products and Services, Formulations, Pharmaceuticals), with the same principal business activity (wholesale trading).
Hetul Jagrutbhai Shah was appointed as Additional Director on 02 Dec 2023. Jagrut Pramodbhai Shah was appointed as Director on 21 Nov 2003. Sangita Jagrut Shah was appointed as Director on 21 Nov 2003.
Yes, Alloes Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0076080).
Alloes Pharmaceuticals can be reached through the website alloespharma.com. Its registered office is in Ahmedabad, Gujarat, India.
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