About Asence Pharma Private Limited
Data last updated: 06 January 2026
Asence Pharma Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Asence Inc. It specialises in api manufacturers, a part of the broader pharmaceuticals sector. Incorporated on 14 December 2004, the company has been in operation for over 22 years.
Registered with ROC Ahmedabad under CIN U24230GJ2004PTC045141.
Capital: an authorised share capital of ₹9.1 Cr and a paid-up capital of ₹9.1 Cr. It is led by directors including Ashokkumar Shah and Mayurkumar Kishorchandra Swadia.
Last AGM: 09 June 2025. Financial statements filed for year ended 31 March 2025. Office: Asence House Gorwa Road, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.56 Cr, a growth of 19% compared to the previous year.
The company has a workforce of approximately 60 employees as per the latest available data. It operates as a subsidiary of Asence Inc. Its group structure includes 1 subsidiary and 1 joint venture.
The company is associated with 2 brands - Asence, Sarabhai. As per MCA filings, the company has open charges of ₹32.69 Cr and satisfied charges of ₹10.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ase.life.
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Registered AddressAsence House Gorwa Road, Vadodara, Gujarat, India – 390023
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IndustryPharma, API Manufacturers, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Asence Pharma Private Limited
Asence Pharma Private Limited operates two associated brands: Asence and Sarabhai. These brands represent Asence Pharma Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Supply chain services for pharmaceutical products are provided by Asence. | asence.com | |
| Pharmaceuticals, diagnostics, and electronics manufacturing in India. | ase.life |
Competitors & Alternatives of Asence Pharma Private Limited
Brands and companies operating in the same space as Asence Pharma Private Limited include Entero Healthcare, McKesson, Resilience and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Entero Healthcare
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India's leading healthcare products distribution platform | Mumbai, India, India | 2018 |
McKesson
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Products and services are provided in the healthcare industry. | Irving, United States, United States | 1833 |
Resilience
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Supply chain services for biopharma sector are provided. | San Diego, United States, United States | 1995 |
ASP Isotopes
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Supply chain solution services for isotope production are provided. | Boca Raton, United States, United States | 2021 |
Viveo
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Provider of logistic and supply chain services for biopharma sector | Sao Paulo, Brazil, Brazil | 1996 |
Zhejiang Mingdu Zhikong Technology
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AI-based logistics services are provided in Hangzhou, China. | Hangzhou, China, China | 2017 |
BioAscent
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Compound management solutions are offered for drug discovery processes. | Motherwell, United Kingdom, United Kingdom | 2013 |
PAR Excellence
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Supply chain logistics services are provided for the biopharma sector. | Cincinnati, United States, United States | 1997 |
Take Solutions
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Life sciences and supply chain management services are provided. | Chennai, India, India | 2000 |
Business Activity of Asence Pharma Private Limited
Asence Pharma Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Asence Pharma Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Asence Pharma Private Limited
Asence Pharma Private Limited is audited by Sorab S. Engineer & Co. for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sorab S. Engineer & Co. | Locked | Locked | Locked |
Complete auditor history for Asence Pharma Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Asence Pharma Private Limited
Asence Pharma Private Limited is currently managed by 4 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Ashokkumar Shah
Also directs:
Sarabhai Chemicals (India) Private Limited, Sarabhai M. Chemicals Limited, Suvik Hitek Pvt Ltd and 2 more
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Director | 02 Jul 2019 | 7 Years 1 Months | Current |
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Mayurkumar Kishorchandra Swadia
Also directs:
Ambalal Sarabhai Enterprises Limited, Synbiotics Limited, Systronics India Ltd and 5 more
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Director | 09 Nov 2020 | 5 Years 9 Months | Current |
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Mohal Kartikeya Sarabhai
Also directs:
Ambalal Sarabhai Enterprises Limited, Cosara Diagnostics Private Limited, Vovantis Laboratories Private Limited and 5 more
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Managing Director | 18 May 2005 | 21 Years 3 Months | Current |
| Umesh Shah | Director | 29 Jun 2017 | 9 Years 1 Months | Current |
Financials of Asence Pharma Private Limited FY 2025 filings available
Asence Pharma Private Limited reported revenue of ₹77.56 Cr (up 19.00% YoY) for FY 2025.
Ten-year financial statements for Asence Pharma Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Asence Pharma Private Limited
Shareholding and ownership data for Asence Pharma Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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- Historical changes
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- FII and DII holdings
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Group Structure of Asence Pharma Private Limited
Asence Pharma Private Limited has 1 subsidiary company and 1 joint venture. This group structure data is as of FY 2025. The corporate group structure reflects Asence Pharma Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Synbiotics Limited | U24232GJ1960PLC000992 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Asence Pharma Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2024 | Others | ₹2.2 Cr | Open |
| 03 Mar 2023 | Others | ₹1 Cr | Open |
| 02 Jan 2023 | Bank of India | ₹7 Cr | Open |
| 29 Dec 2022 | Bank of India | ₹7 Cr | Open |
| 03 Aug 2022 | Others | ₹1.99 Cr | Open |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Asence Pharma Private Limited
Asence Pharma Private Limited has a workforce of 60 employees as of Oct 10, 2025.
Employee and EPFO history for Asence Pharma Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Asence Pharma Private Limited
GST registrations and filing compliance for Asence Pharma Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Asence Pharma Private Limited
Credit ratings, litigation, and regulatory alerts for Asence Pharma Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Asence Pharma Private Limited
MSME payment history for Asence Pharma Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Asence Pharma Private Limited
Corporate group structure for Asence Pharma Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Asence Pharma Private Limited
MCA filings and documents for Asence Pharma Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Asence Pharma Private Limited
Frequently Asked Questions about Asence Pharma Private Limited
Asence Pharma Private Limited is an active private limited company in the pharma sector based in Vadodara, Gujarat, India. It was incorporated on 14 December 2004 (22+ years old) and is registered under CIN U24230GJ2004PTC045141. The company has 60 employees.
Asence Pharma Private Limited reported revenue of ₹77.56 Cr for FY 2025 (up 19.00% YoY).
The current directors of Asence Pharma Private Limited are:
- Ashokkumar Shah - Director
- Mayurkumar Kishorchandra Swadia - Director
- Mohal Kartikeya Sarabhai - Managing Director
- Umesh Shah - Director
The primary industry of Asence Pharma Private Limited is pharma. The company specifically operates in api manufacturers. The company is currently active in this sector.
Asence Pharma Private Limited can be reached at the registered office: Asence House Gorwa Road, Vadodara, Gujarat, India – 390023, or through the website ase.life.
The authorised capital is ₹9.1 Cr, and the paid-up capital is ₹9.1 Cr.