MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0141821
Ameliorate Pharmacare Private Limited
Ameliorate Pharmacare Private Limited - pharma in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹52.73 Lakh
▼ 74% YoY
Net loss · FY 2024
₹2.1 Cr
Net margin -397.5%
EBITDA · FY 2024
-₹2.09 Cr
EBITDA margin -397%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
37
Provident fund records
Directors on board
2
As per MCA filings
About Ameliorate Pharmacare Private Limited
Data last updated:
Ameliorate Pharmacare Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 08 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2011PTC059048. Its GSTIN is 29AAJCA5572H1ZC (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ria Sindhwani and Pratap Rajesh Chandra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4Ac – 702 Hrbr 1st Block Extension Banaswadi Kalyan Nagar, Bengaluru, Karnataka, India – 560043.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.73 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹2.1 Cr (net margin -397.5%) and EBITDA of -₹2.09 Cr (EBITDA margin -397%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 44% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
Ameliorate Pharmacare Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0141821). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U85100KA2011PTC059048
Registration Number 059048
Incorporation Date 08 June 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0141821
Recognitions & Rankings of Ameliorate Pharmacare
Contact details
Ameliorate Pharmacare Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address4Ac – 702 Hrbr 1st Block Extension Banaswadi Kalyan Nagar, Bengaluru, Karnataka, India – 560043
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Ameliorate Pharmacare Private Limited, buy the company report.
Comprehensive company report
Ameliorate Pharmacare 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ameliorate Pharmacare is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ameliorate Pharmacare Private Limited, buy the company report.
Financials of Ameliorate Pharmacare Private Limited
FY 2024 filings availableAmeliorate Pharmacare Private Limited reported revenue of ₹52.73 Lakh (down 74% YoY) for FY 2024.
Revenue · FY 2024
₹52.73 Lakh ▼ 74%
Net loss · FY 2024
₹2.1 Cr margin -397.5%
EBITDA · FY 2024
-₹2.09 Cr margin -397%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 74%
3 years · compounded
▼ 62%
5 years · compounded
▼ 44%
EBITDA CAGR growth
1 year
▼ 415%
3 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 74% fall in the latest year. EBITDA fell 415% 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 |
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| EBITDA | -₹2.09 Cr | ||||
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| Net Profit (PAT) | -₹2.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -397% | ||||
| Net Profit Margin | -397.5% | ||||
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To see the full financial statements and ratios of Ameliorate Pharmacare Private Limited, buy the company report.
Board of directors of Ameliorate Pharmacare Private Limited
Ameliorate Pharmacare has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ria Sindhwani | Director | 31 Jan 2022 | 4 Years 8 Months | Current |
| Pratap Rajesh Chandra Also directs: New Ramdev Health and Wellness Private Limited, Digifra Technology Private Limited, Reddot Life Private Limited and 1 more | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
Auditor
Ameliorate Pharmacare Private Limited is audited by P. CHANDRASEKAR LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. CHANDRASEKAR LLP | FY 2021 | 000580S/S200066 |
Shareholding
The shareholding of Ameliorate Pharmacare Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ameliorate Pharmacare Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ameliorate Pharmacare 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 Ameliorate Pharmacare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ameliorate Pharmacare Private Limited has a workforce of 37 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
-43.08%
GST
Ameliorate Pharmacare has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA5572H1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ameliorate Pharmacare Private Limited, buy the company report.
Recent activity
Ameliorate Pharmacare Private Limited has 10 board changes on record since 2012: 2 appointments and 8 cessations. The latest: Ria Sindhwani ceased to be Additional Director on 29 Sep 2022.
AGM
Ameliorate Pharmacare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ameliorate Pharmacare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Ria Sindhwani ceased to be Additional Director.
Ceased
Pratap Rajesh Chandra ceased to be Director.
Ceased
Biswajit Ghosh ceased to be Director.
Appointed
Ria Sindhwani was appointed as Director.
Appointed
Pratap Rajesh Chandra was appointed as Director.
Ceased
Prathap Kumar Muniyappa ceased to be Additional Director.
Ceased
Attahalli Jagadish Marigowda ceased to be Director.
Ceased
Sivaprasad Venkata Nagaraju ceased to be Additional Director.
Ceased
Susmita Ghosh ceased to be Director.
Ceased
Jigna Ranjit Lilani ceased to be Additional Director.
1 earlier event is in the company report.
Frequently asked questions
Ameliorate Pharmacare is an active private limited company based in Bengaluru, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 08 June 2011 (15+ years old) and is registered under CIN U85100KA2011PTC059048.
Ameliorate Pharmacare has 2 current directors:
- Ria Sindhwani - Director
- Pratap Rajesh Chandra - Director
The latest financial statements of Ameliorate Pharmacare on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ameliorate Pharmacare is 29AAJCA5572H1ZC, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ameliorate Pharmacare is U85100KA2011PTC059048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ameliorate Pharmacare was incorporated on 08 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Ria Sindhwani ceased to be Additional Director on 29 Sep 2022. Pratap Rajesh Chandra ceased to be Director on 28 Sep 2022. Biswajit Ghosh ceased to be Director on 31 Jan 2022. Ameliorate Pharmacare has 10 board changes on record in total.
Yes, Ameliorate Pharmacare is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0141821).
The registered office of Ameliorate Pharmacare is at 4Ac – 702 Hrbr 1st Block Extension Banaswadi Kalyan Nagar, Bengaluru, Karnataka, India – 560043.
Ameliorate Pharmacare operates in the pharma industry, in the pharmaceutical retailers and distributors segment.