- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0051916

Ashok GNXT Pharma Private Limited
About Ashok GNXT Pharma Private Limited
Data last updated:
Ashok GNXT Pharma Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Skites Pharma Private Limited. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 02 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2019PTC107421. Its GSTIN is 24AASCA1298F1ZI (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Samir Jayantilal Shah and Rohan Mahesh Shah.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shed No.976 /2 GIDC Makarpura Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.06 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Cr (net margin -3.1%) and EBITDA of -₹36.16 Lakh (EBITDA margin -1.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 16% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹1.65 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Ashok GNXT Pharma Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0051916).
Company details
Recognitions & Rankings of Ashok GNXT Pharma
Contact details
Ashok GNXT Pharma Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShed No.976 /2 GIDC Makarpura Vadodara, Gujarat, India – 390010
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Ashok GNXT Pharma 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 Ashok GNXT Pharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Ashok GNXT Pharma Private Limited, buy the company report.
Financials of Ashok GNXT Pharma Private Limited
FY 2025 filings availableAshok GNXT Pharma Private Limited reported revenue of ₹34.06 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 9% growth in the latest year. EBITDA rose 6% 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 | -₹36.16 Lakh | ||||
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| Net Profit (PAT) | -₹1.07 Cr | ||||
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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 | -1.1% | ||||
| Net Profit Margin | -3.1% | ||||
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To see the full financial statements and ratios of Ashok GNXT Pharma Private Limited, buy the company report.
Board of directors of Ashok GNXT Pharma Private Limited
Ashok GNXT Pharma has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Jayantilal Shah | Director | 26 Oct 2021 | 5 Years 0 Months | Current |
| Rohan Mahesh Shah | Director | 26 Oct 2021 | 5 Years 0 Months | Current |
| Mahesh Kantilal Shah Also directs: Shroff Pharma LLP, S Kant India Private Limited, Skites Pharma Private Limited and 1 more | Director | 26 Oct 2021 | 5 Years 0 Months | Current |
| Yusuke Kumaki Also directs: S Kant India Private Limited, Skites Pharma Private Limited | Director | 27 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Ashok GNXT Pharma Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Materia Meditech Private Limited | ₹34.07 Cr (FY 2025) | -13.0% | Delhi, India | |||
| Ashok GNXT Pharma Private Limitedthis company | ₹34.06 Cr (FY 2025) | -₹1.07 Cr | -3.1% | 9.0% | 43 | Vadodara, Gujarat, India |
| Gencor Pacific Organics India Private Limited | ₹34.01 Cr (FY 2024) | -34.0% | Chennai, Tamil Nadu, India | |||
| Lloyd Laboratories Private Limited | ₹33.86 Cr (FY 2024) | 5.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Ashok GNXT Pharma Private Limited, buy the company report.
Auditor
Ashok GNXT Pharma Private Limited is audited by CNK & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & Associates LLP | FY 2023 | 101961W/W-100036 |
Shareholding
The shareholding of Ashok GNXT Pharma Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Ashok GNXT Pharma Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2022 | 100593940 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 07 Jun 2019 | 100267660 | Hdfc Bank Limited | ₹1.65 Cr | Satisfied |
To see the full charge records of Ashok GNXT Pharma Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ashok GNXT Pharma Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Ashok GNXT 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
Ashok GNXT Pharma Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 24 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mars Remedies Private Limited | |||
| an individual supplier | |||
| Bellan Pharmaceuticals | |||
| Aylen Pharmaceutical Private Limited | |||
| Pharmadent Remedies Private Limited |
To see the full MSME payment records of Ashok GNXT Pharma Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ashok GNXT Pharma Private Limited has a workforce of 43 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Ashok GNXT Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCA1298F1ZI | Gujarat | Active | 04 Apr 2019 |
To see the full GST registrations and return filing status of Ashok GNXT Pharma Private Limited, buy the company report.
Recent activity
Ashok GNXT Pharma Private Limited has 15 board changes on record since 2019: 5 appointments and 10 cessations. The latest: Yusuke Kumaki was appointed as Director on 27 Jun 2025.
11 earlier events are in the company report.
Frequently asked questions
Ashok GNXT Pharma is an active private limited company based in Vadodara, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 02 April 2019 (7+ years old) and is registered under CIN U51909GJ2019PTC107421.
Ashok GNXT Pharma has 4 current directors:
- Samir Jayantilal Shah - Director
- Rohan Mahesh Shah - Director
- Mahesh Kantilal Shah - Director
- Yusuke Kumaki - Director
The latest financial statements of Ashok GNXT Pharma on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ashok GNXT Pharma is 24AASCA1298F1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashok GNXT Pharma is U51909GJ2019PTC107421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashok GNXT Pharma has 2 court cases on record: 2 filed against it.
Ashok GNXT Pharma was incorporated on 02 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ashok GNXT Pharma by revenue are Materia Meditech Private Limited, Gencor Pacific Organics India Private Limited, Lloyd Laboratories Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Yusuke Kumaki was appointed as Director on 27 Jun 2025. Eishi Maekawa ceased to be Whole-Time Director on 02 Dec 2022. Mahesh Kantilal Shah ceased to be Whole-Time Director on 02 Dec 2022. Ashok GNXT Pharma has 15 board changes on record in total.
Yes, Ashok GNXT Pharma is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0051916).
Ashok GNXT Pharma has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 24 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Apr 2022.
The registered office of Ashok GNXT Pharma is at Shed No.976 2 GIDC Makarpura Vadodara, Gujarat, India – 390010.

