About Apothecon Pharmaceuticals Private Limited
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Apothecon Pharmaceuticals Private Limited is a private limited company based in Padra, Gujarat, India, a subsidiary of Landmark Trade & Investments Limited (Mauritius). It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 14 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24232GJ2007PTC050825. Its GSTIN is 24AACCN5414C1Z1 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹84.8 Lakh. It was formerly known as Navinta Healthcare Private Limited. It is led by directors including Dilipkumar Ramsingbhai Parmar (Whole-Time Director) and Rajajeyakumar (Whole-Time Director).
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 Plot No.1134 To 1137 1138 A&B 1143 A&B 1144 A&B Padra – Jambusar Highway At & Post: – Dabha, Sa, Gujarat, India – 391440.
As per the financials filed for FY 2025, the company reported a revenue of ₹263.23 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹44.86 Cr (net margin 17%) and EBITDA of ₹87.09 Cr (EBITDA margin 33.1%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 27% over five years.
The company has about 651 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Apothecon Pharmaceuticals. As per MCA filings, the company has open charges of ₹358.31 Cr on record. Court records list 22 cases involving the company, including 11 filed by the company and 11 filed against it; 2 cases are pending. The company has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹66.18 Cr; the latest was in February 2025. The company has 12 MSME Form 1 returns on record between 2022 and 2024, listing 1,462 overdue payments to 123 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apotheconpharma.com.
Company details
Contact details
Apothecon Pharmaceuticals Private Limited's registered office is in Padra, Gujarat. Its website is apotheconpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.1134 To 1137 1138 A&B 1143 A&B 1144 A&B Padra – Jambusar Highway At & Post: – Dabha, Sa, Gujarat, India – 391440
- IndustryPharma, API Manufacturers
To see the full contact details of Apothecon Pharmaceuticals 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
Brands
Apothecon Pharmaceuticals operates one associated brand: Apothecon Pharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of active pharmaceutical ingredients and formulations in the healthcare sector. | apotheconpharma.com |
Business activity
The main business activities of Apothecon Pharmaceuticals are professional, scientific and technical, manufacturing and trade. In detail, this covers scientific research and development, chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Apothecon Pharmaceuticals Private Limited, buy the company report.
Financials of Apothecon Pharmaceuticals Private Limited
FY 2025 filings availableApothecon Pharmaceuticals Private Limited reported revenue of ₹263.23 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 45% growth in the latest year. EBITDA rose 76% 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 |
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| EBITDA | ₹87.09 Cr | ||||
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| Net Profit (PAT) | ₹44.86 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 33.1% | ||||
| Net Profit Margin | 17% | ||||
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To see the full financial statements and ratios of Apothecon Pharmaceuticals Private Limited, buy the company report.
Board of directors of Apothecon Pharmaceuticals Private Limited
Apothecon Pharmaceuticals has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilipkumar Ramsingbhai Parmar Also directs: S.D. Rising Foundation | Whole-Time Director | 30 Jun 2020 | 6 Years 3 Months | Current |
| Rajajeyakumar Also directs: S.D. Rising Foundation | Whole-Time Director | 01 Jul 2017 | 9 Years 3 Months | Current |
| Jayeshkumar Kodarlal Joshi | Director | 15 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Apothecon Pharmaceuticals Private Limited is audited by Parikh &Majmudar for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Parikh &Majmudar | FY 2024 | 107525W |
Shareholding
The shareholding of Apothecon Pharmaceuticals Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Apothecon Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2025 | 101187236 | Hdfc Bank Limited | ₹12.66 Lakh | Open | |
| 29 Aug 2025 | 101146354 | Hdfc Bank Limited | ₹44.72 Lakh | Open | |
| 19 Jul 2025 | 101128900 | Hdfc Bank Limited | ₹21.2 Lakh | Open | |
| 25 Mar 2025 | 101077271 | Hdfc Bank Limited | ₹18 Cr | Open | |
| 27 Jan 2025 | 101039061 | State Bank of India | ₹78 Cr | Open |
To see the full charge records of Apothecon Pharmaceuticals Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Apothecon Pharmaceuticals Private Limited has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹66.18 Cr; the latest was in February 2025.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Funding round | ₹5.04 Cr | Investors: Landmark Trade & Investment Limited |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: Landmark Trade & Investment Limited Seller: 4 individuals |
| Nov 2019 | Funding round | ₹3.9 Cr | Investors: Landmark Trade & Investment Limited |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Apr 2018 | Funding round | ₹12.96 Cr | Investors: Landmark Trade & Investment Limited |
To see the full deal history of Apothecon Pharmaceuticals Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Apothecon Pharmaceuticals Private Limited has 22 court cases on record: 11 filed by Apothecon Pharmaceuticals, 11 filed against it. 2 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 11 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Auraspace Infra OPC Private Limited | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Court case (REF IT) | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Apothecon 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.
Credit ratings & regulatory alerts
Apothecon Pharmaceuticals Private Limited was last rated by Crisil on 19 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Aug 2020 |
To see the full credit ratings and regulatory alerts of Apothecon Pharmaceuticals Private Limited, buy the company report.
MSME payment delays
Apothecon Pharmaceuticals Private Limited has 12 MSME Form 1 returns on record between 2022 and 2024, listing 1,462 overdue payments to 123 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 123)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| JM Inst O Mech | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Apothecon Pharmaceuticals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Apothecon Pharmaceuticals Private Limited has a workforce of 651 employees on its EPFO records as of Feb 17, 2025, across 1 active EPFO establishment.
GST
Apothecon Pharmaceuticals has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCN5414C1Z1 | Gujarat | Active | 01 Jul 2017 |
| 36AACCN5414C1ZW | Telangana | Active | 13 Jun 2023 |
To see the full GST registrations and return filing status of Apothecon Pharmaceuticals Private Limited, buy the company report.
Recent activity
Apothecon Pharmaceuticals Private Limited has 19 board changes on record since 2009: 4 appointments and 15 cessations. The latest: Rajeshkumar Thekadi ceased to be Director on 16 Apr 2023.
22 earlier events are in the company report.
Frequently asked questions
Apothecon Pharmaceuticals is an active private limited company based in Padra, Gujarat, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 14 May 2007 (19+ years old) and is registered under CIN U24232GJ2007PTC050825.
Apothecon Pharmaceuticals has 3 current directors:
- Dilipkumar Ramsingbhai Parmar - Whole-Time Director
- Rajajeyakumar - Whole-Time Director
- Jayeshkumar Kodarlal Joshi - Director
The latest financial statements of Apothecon 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 Apothecon Pharmaceuticals is 24AACCN5414C1Z1, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AACCN5414C1ZW (Telangana).
The CIN (Corporate Identification Number) of Apothecon Pharmaceuticals is U24232GJ2007PTC050825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apothecon Pharmaceuticals has 22 court cases on record: 11 filed by the company and 11 filed against it. 2 are pending. Most are in the district courts.
Apothecon Pharmaceuticals was incorporated on 14 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Apothecon Pharmaceuticals has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹66.18 Cr; the latest was in February 2025.
Rajeshkumar Thekadi ceased to be Director on 16 Apr 2023. Jayeshkumar Kodarlal Joshi was appointed as Director on 15 Apr 2023. Pankaj Vasudev Parmar ceased to be Director on 07 Apr 2023. Apothecon Pharmaceuticals has 19 board changes on record in total.
Apothecon Pharmaceuticals has 12 MSME Form 1 returns on record between 2022 and 2024, listing 1,462 overdue payments to 123 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Apothecon Pharmaceuticals can be reached through the website apotheconpharma.com. Its registered office is in Padra, Gujarat, India.