MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0095531
Ascare Pharma Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.17 Cr
▼ 14% YoY
Net profit · FY 2025
₹1.22 Lakh
Net margin 1%
EBITDA · FY 2025
₹2.18 Lakh
EBITDA margin 1.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Satisfied ₹40 Lakh
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Ascare Pharma Private Limited
Data last updated:
Ascare Pharma 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 13 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2017PTC099070. Its GSTIN is 24AAQCA0277L1ZE (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Rakeshkumar Vadilal Patel and Tejalben Ashokkumar Patel.
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 Office No 904 (Ninth Floor) Building – D Signature – 2 Sarkhej, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.17 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.22 Lakh (net margin 1%) and EBITDA of ₹2.18 Lakh (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 16% over five years.
The company is associated with 1 brand: Ascare Pharma. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹40 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in August 2020. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Sumanthi Technology Private Limited with revenue of ₹1.17 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
Ascare Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0095531). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascarepharma.com.
Company details
CIN U51909GJ2017PTC099070
Registration Number 099070
Incorporation Date 13 September 2017
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 Micro
Udyam Registration UDYAM-GJ-01-0095531
Key People
Rakeshkumar Vadilal Patel Director Tejalben Ashokkumar Patel Director Ashokkumar Kanaiyalal Patel Director Recognitions & Rankings of Ascare Pharma
Contact details
Ascare Pharma Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ascarepharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 904 (Ninth Floor) Building – D Signature – 2 Sarkhej, Ahmedabad, Gujarat, India – 382210
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Ascare Pharma Private Limited, buy the company report.
Comprehensive company report
Ascare Pharma 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
Brands
Ascare Pharma operates one associated brand: Ascare Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing and distribution of medicines and nutraceuticals in India. | ascarepharma.com |
Business activity
The main business activity of Ascare Pharma 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 Ascare Pharma Private Limited, buy the company report.
Financials of Ascare Pharma Private Limited
FY 2025 filings availableAscare Pharma Private Limited reported revenue of ₹1.17 Cr (down 14% YoY) for FY 2025.
Revenue · FY 2025
₹1.17 Cr ▼ 14%
Net profit · FY 2025
₹1.22 Lakh margin 1%
EBITDA · FY 2025
₹2.18 Lakh margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 35%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 9%
5 years · compounded
▼ 12%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 14% fall in the latest year. EBITDA fell 31% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.22 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| 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 | |||||
| Interest Coverage Ratio | |||||
| 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 Ascare Pharma Private Limited, buy the company report.
Board of directors of Ascare Pharma Private Limited
Ascare Pharma has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakeshkumar Vadilal Patel | Director | 13 Sep 2017 | 9 Years 1 Months | Current |
| Tejalben Ashokkumar Patel | Director | 13 Sep 2017 | 9 Years 1 Months | Current |
| Ashokkumar Kanaiyalal Patel | Director | 13 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Ascare Pharma Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Sumanthi Technology Private Limited | ₹1.17 Cr (FY 2019) | 133.0% | Bangalore, Karnataka, India | |||
| Sushi Logic Solutions Private Limited | ₹1.17 Cr (FY 2024) | -13.0% | Mumbai, Maharashtra, India | |||
| Vaggan Tea Private Limited | ₹1.17 Cr (FY 2025) | -19.0% | East Champaran, Bihar, India | |||
| Aver Power Solutions Private Limited | ₹1.17 Cr (FY 2025) | 698.0% | Jaipur, Rajasthan, India | |||
| Wis Dom Surgical Private Limited | ₹1.17 Cr (FY 2025) | -57.0% | Ahmedabad, Gujarat, India | |||
| Ascare Pharma Private Limitedthis company | ₹1.17 Cr (FY 2025) | ₹1.22 Lakh | 1% | -14.0% | Ahmedabad, Gujarat, India | |
| Raghojay Industries India Private Limited | ₹1.17 Cr (FY 2025) | 583.0% | Delhi, India | |||
| Pannalal Sarees Private Limited | ₹1.17 Cr (FY 2025) | 92.0% | Varanasi, Uttar Pradesh, India | |||
| Pushpak Impex Private Limited | ₹1.17 Cr (FY 2024) | 134.0% | Subhash Bridge Ahmedabad, Gujarat, India | |||
| Renovate Chaplets & Allied Private Limited | ₹1.17 Cr (FY 2025) | Domjur, West Bengal, India | ||||
| Pushpdant Vintrade Private Limited | ₹1.17 Cr (FY 2024) | 60.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ascare Pharma Private Limited, buy the company report.
Auditor
Ascare Pharma Private Limited is audited by V. K. JINDAL & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. K. JINDAL & CO. | FY 2024 | 001468C |
Shareholding
The shareholding of Ascare Pharma 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 Ascare Pharma Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2022 | 100558726 | Others | ₹50 Lakh | Open | |
| 18 Jul 2020 | 100360153 | Others | ₹40 Lakh | Satisfied |
To see the full charge records of Ascare Pharma Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ascare Pharma Private Limited has 1 deal on record (1 rights issue); the latest was in August 2020.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Rights issue | ₹14 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ascare Pharma Private Limited has 1 court case on record: 1 filed by Ascare Pharma. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Aan Life Science Pvt Ltd and 3 others | Pending |
To see the full case history of Ascare Pharma 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
Ascare Pharma Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gayatri Pharmachem |
To see the full MSME payment records of Ascare Pharma Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ascare Pharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCA0277L1ZE | Gujarat | Active | 12 Feb 2018 |
To see the full GST registrations and return filing status of Ascare Pharma Private Limited, buy the company report.
Recent activity
Ascare Pharma Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Ashokkumar Kanaiyalal Patel was appointed as Director on 13 Sep 2017.
AGM
Ascare Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ascare Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 18 Jul 2020 via Charge ID 100360153 with Others was fully satisfied on 17 Sep 2024.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100558726 was registered on 25 Jan 2022.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100360153 was registered on 18 Jul 2020.
Appointed
Ashokkumar Kanaiyalal Patel was appointed as Director.
Appointed
Rakeshkumar Vadilal Patel was appointed as Director.
Appointed
Tejalben Ashokkumar Patel was appointed as Director.
Incorporation
13 Sep 2017
Ascare Pharma Private Limited was registered on 13 Sep 2017 with Roc Ahmedabad & aged 9 years 1 month as per MCA records.
Frequently asked questions
Ascare Pharma 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 13 September 2017 (9+ years old) and is registered under CIN U51909GJ2017PTC099070.
Ascare Pharma has 3 current directors:
- Rakeshkumar Vadilal Patel - Director
- Tejalben Ashokkumar Patel - Director
- Ashokkumar Kanaiyalal Patel - Director
The latest financial statements of Ascare Pharma 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 FY 2018 are in the company report.
The GSTIN of Ascare Pharma is 24AAQCA0277L1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Ascare Pharma is U51909GJ2017PTC099070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascare Pharma has 1 court case on record: 1 filed by the company. 1 is pending.
Ascare Pharma was incorporated on 13 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ascare Pharma has 1 deal on record (1 rights issue); the latest was in August 2020.
The peers of Ascare Pharma by revenue are Sumanthi Technology Private Limited, Sushi Logic Solutions Private Limited, Vaggan Tea Private Limited, Aver Power Solutions Private Limited, Wis Dom Surgical Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Ashokkumar Kanaiyalal Patel was appointed as Director on 13 Sep 2017. Rakeshkumar Vadilal Patel was appointed as Director on 13 Sep 2017. Tejalben Ashokkumar Patel was appointed as Director on 13 Sep 2017.
Yes, Ascare Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0095531).
Ascare Pharma has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages