- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0000608

About Apindia Biotech Private Limited
Data last updated:
Apindia Biotech Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Madhya Bharat Phophate Private Limited. It operates in the chemical products segment of the chemicals sector. It was incorporated on 03 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24232MP1998PTC062825. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹16.74 Cr. It is led by directors Abhay Gupta and Mahendra Makwan.
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 201 2nd Floor W.A.12 Scheme No.94 Ring Road, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.96 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 3.1%) and EBITDA of ₹3.77 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 23% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13 Cr and satisfied charges of ₹46.45 Cr on record. Court records list 19 cases involving the company, including 7 filed by the company and 12 filed against it; 3 cases are pending.
Apindia Biotech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0000608). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agromax.co.in.
Company details
CIN history
Apindia Biotech has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24232MP1998PTC062825, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24232MP1998PTC062825 | Current |
| U24232MH1998PLC212649 | Previous |
| U24232MH1998PTC212649 | Previous |
| U24232MP1998PTC012929 | Previous |
Recognitions & Rankings of Apindia Biotech
Contact details
Apindia Biotech Private Limited's registered office is in Indore, Madhya Pradesh. Its website is agromax.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address201 2nd Floor W.A.12 Scheme No.94 Ring Road, Indore, Madhya Pradesh, India – 452010
- IndustryChemicals, Chemical Products, Medicinal Chemical & Botanical Products, Pharmaceuticals
To see the full contact details of Apindia Biotech 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 Apindia Biotech is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
To see the full business activity and turnover split of Apindia Biotech Private Limited, buy the company report.
Financials of Apindia Biotech Private Limited
FY 2025 filings availableApindia Biotech Private Limited reported revenue of ₹36.96 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 8% growth in the latest year. EBITDA rose 44% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36.96 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.15 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Apindia Biotech Private Limited, buy the company report.
Board of directors of Apindia Biotech Private Limited
Apindia Biotech has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Gupta | Director | 05 Jun 2023 | 3 Years 4 Months | Current |
| Mahendra Makwan | Director | 23 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Apindia Biotech Private Limited is audited by Vishal Paliwal & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishal Paliwal & Associates | FY 2025 | 011145C |
Shareholding
The shareholding of Apindia Biotech Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Apindia Biotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101172508 | Axis Bank Limited | ₹13 Cr | Open | |
| 26 Sep 2023 | 100812574 | Canara Bank | ₹15.19 Cr | Satisfied | |
| 29 Jul 2015 | 10586967 | Axis Bank Limited | ₹3.58 Cr | Satisfied | |
| 13 Sep 2010 | 10241244 | Allahabad Bank | ₹12.98 Cr | Satisfied | |
| 30 Oct 2008 | 10129624 | Bank of Baroda | ₹7.96 Cr | Satisfied |
To see the full charge records of Apindia Biotech Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Apindia Biotech Private Limited has 19 court cases on record: 7 filed by Apindia Biotech, 12 filed against it. 3 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 0 |
| High courts | 6 | 0 | 3 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Principal Secretary the State of Madhya Pradesh | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Pending |
| District court, Indore, Madhya Pradesh | Court case (MJC) | Filed against the company by an individual | Disposed |
| District court, Indore, Madhya Pradesh | Court case (MJC) | Filed by the company against Om Col Company Private Limited Through Manager | Disposed |
| District court, Chandrapur, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
To see the full case history of Apindia Biotech 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.
Credit ratings & regulatory alerts
Apindia Biotech Private Limited was last rated by Crisil on 06 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 Nov 2020 |
To see the full credit ratings and regulatory alerts of Apindia Biotech Private Limited, buy the company report.
MSME payment delays
Apindia Biotech Private Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 49 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bhagawati Infra Equipments Private Limited | |||
| Apindia Biotech Private Limited | |||
| an individual supplier | |||
| Industrial Gas Suppliers |
To see the full MSME payment records of Apindia Biotech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Apindia Biotech Private Limited has a workforce of 23 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Apindia Biotech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Apindia Biotech Private Limited, buy the company report.
Recent activity
Apindia Biotech Private Limited has 19 board changes on record since 2010: 2 appointments and 17 cessations. The latest: Nitin Suhane ceased to be Additional Director on 29 Sep 2023.
37 earlier events are in the company report.
Frequently asked questions
Apindia Biotech is an active private limited company based in Indore, Madhya Pradesh, India. The company works in chemical products, within the chemicals industry. It was incorporated on 03 July 1998 (28+ years old) and is registered under CIN U24232MP1998PTC062825.
Apindia Biotech has 2 current directors:
- Abhay Gupta - Director
- Mahendra Makwan - Director
The latest financial statements of Apindia Biotech 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.
No. Apindia Biotech has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Apindia Biotech is U24232MP1998PTC062825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apindia Biotech has 19 court cases on record: 7 filed by the company and 12 filed against it. 3 are pending. Most are in the district courts.
Apindia Biotech was incorporated on 03 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Gwalior.
Nitin Suhane ceased to be Additional Director on 29 Sep 2023. Abhay Gupta was appointed as Director on 05 Jun 2023. Rahul Neekhra ceased to be Additional Director on 30 Nov 2021. Apindia Biotech has 19 board changes on record in total.
Yes, Apindia Biotech is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0000608).
Apindia Biotech has 3 MSME Form 1 returns on record between 2019 and 2023, listing 49 overdue payments to 12 micro and small suppliers. The latest return was filed on 14 Dec 2023.
Apindia Biotech can be reached through the website agromax.co.in. Its registered office is in Indore, Madhya Pradesh, India.