About Asolution Pharmaceuticals Private Limited
Data last updated: 11 January 2026
Asolution Pharmaceuticals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in api manufacturers, a part of the broader pharmaceuticals sector. Incorporated on 07 May 2010, the company has been in operation for over 16 years.
Registered with ROC Mumbai under CIN U24100MH2010PTC202851.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.89 Cr. It is led by directors Nandkumar Kashinath Chodankar and Laxmi Nandkumar Chodankar.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 11 – A Mittal Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.73 Cr, a growth of 11% compared to the previous year.
The company has a workforce of approximately 119 employees as per the latest available data.
The company is associated with 1 brand - Asolution Pharmaceuticals. As per MCA filings, the company has open charges of ₹24.96 Cr and satisfied charges of ₹37.55 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 asolution.in.
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Registered Address11 – A Mittal Chambers Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryPharma, API Manufacturers
- 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 Asolution Pharmaceuticals Private Limited
Asolution Pharmaceuticals Private Limited operates one associated brand: ASolution Pharmaceuticals. These brands represent Asolution Pharmaceuticals Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides API manufacturing, pharmaceutical development, and clinical supply services in India. | asolution.in |
Competitors & Alternatives of Asolution Pharmaceuticals Private Limited
Brands and companies operating in the same space as Asolution Pharmaceuticals Private Limited include Concord Biotech, BDR Pharmaceuticals Internationals, Almac Group and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Concord Biotech
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APIs and enzymes are manufactured through fermentation by the CDMO. | Ahmedabad, India, India | 2000 |
BDR Pharmaceuticals Internationals
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APIs and finished products are developed and manufactured. | Mumbai, India, India | 2003 |
Almac Group
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Integrated CDMO services for biopharma R&D and manufacturing are offered. | Craigavon, United Kingdom, United Kingdom | 2001 |
Indoco Remedies
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APIs manufacturing and formulation services are provided in therapeutic segments. | Mumbai, India, India | 1947 |
Pharmaceutics International
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Pharmaceutical dosage forms are manufactured by this CDMO. | Hunt Valley, United States, United States | 1994 |
Aurobindo Pharma
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Generic biocatalytic solutions are provided for pharmaceutical applications. | Hyderabad, India, India | 1986 |
Seqens
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Contract manufacturing services for small molecules and peptides are provided. | Ecully, France, France | 2003 |
Asymchem
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APIs and peptides are developed and manufactured by Asymchem. | Morrisville, United States, United States | 1995 |
Aptuit
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Contract research and development services for small molecules are offered. | Greenwich, United States, United States | 2004 |
Continuus Pharma
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MIT-Novartis spinoff offering continuous manufacturing solutions to remove the proverbial wall between API and FDF manufacturing in small molecule development | Woburn, United States, United States | 2012 |
Business Activity of Asolution Pharmaceuticals Private Limited
Asolution Pharmaceuticals Private Limited is engaged in principal business activities including manufacturing and professional, scientific and technical, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, scientific research and development. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| 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 |
| M | Professional, Scientific and Technical | M5 | Scientific research and development | Locked |
Business activity turnover details for Asolution Pharmaceuticals Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Asolution Pharmaceuticals Private Limited
Asolution Pharmaceuticals Private Limited is audited by MGB & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MGB & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Asolution Pharmaceuticals 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 Asolution Pharmaceuticals Private Limited
Asolution Pharmaceuticals Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Nandkumar Kashinath Chodankar
Also directs:
Bliss Gvs Pharma Limited
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Director | 07 May 2010 | 16 Years 3 Months | Current |
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Laxmi Nandkumar Chodankar
Also directs:
Anomalie Marketing And Services Private Limited
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Director | 07 May 2010 | 16 Years 3 Months | Current |
Financials of Asolution Pharmaceuticals Private Limited FY 2024 filings available
Asolution Pharmaceuticals Private Limited reported revenue of ₹32.73 Cr (up 11.00% YoY) for FY 2024.
Ten-year financial statements for Asolution Pharmaceuticals Private Limited
Historical statement values and trend charts require an active report plan.
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- Balance sheets
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Ownership and Shareholding of Asolution Pharmaceuticals Private Limited
Shareholding and ownership data for Asolution Pharmaceuticals Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Asolution Pharmaceuticals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Aug 2020 | Others | ₹3.47 Cr | Open |
| 17 Nov 2015 | Others | ₹21.49 Cr | Open |
| 04 Jan 2023 | Others | ₹3 Cr | Satisfied |
| 29 Jan 2022 | Others | ₹42.04 Lakh | Satisfied |
| 06 Jun 2020 | Others | ₹60 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Asolution Pharmaceuticals Private Limited
Asolution Pharmaceuticals Private Limited has a workforce of 119 employees as of Mar 28, 2024.
Employee and EPFO history for Asolution Pharmaceuticals Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Asolution Pharmaceuticals Private Limited
GST registrations and filing compliance for Asolution Pharmaceuticals 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 Asolution Pharmaceuticals Private Limited
Credit ratings, litigation, and regulatory alerts for Asolution Pharmaceuticals 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 Asolution Pharmaceuticals Private Limited
MSME payment history for Asolution Pharmaceuticals 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 Asolution Pharmaceuticals Private Limited
Corporate group structure for Asolution Pharmaceuticals Private Limited
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- Parent company
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MCA Filings & Documents of Asolution Pharmaceuticals Private Limited
MCA filings and documents for Asolution Pharmaceuticals 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 Asolution Pharmaceuticals Private Limited
Frequently Asked Questions about Asolution Pharmaceuticals Private Limited
Asolution Pharmaceuticals Private Limited is an active private limited company in the pharma sector based in Mumbai, Maharashtra, India. It was incorporated on 07 May 2010 (16+ years old) and is registered under CIN U24100MH2010PTC202851. The company has 119 employees.
Asolution Pharmaceuticals Private Limited reported revenue of ₹32.73 Cr for FY 2024 (up 11.00% YoY).
The current directors of Asolution Pharmaceuticals Private Limited are:
- Nandkumar Kashinath Chodankar - Director
- Laxmi Nandkumar Chodankar - Director
The primary industry of Asolution Pharmaceuticals Private Limited is pharma. The company specifically operates in api manufacturers. The company is currently active in this sector.
Asolution Pharmaceuticals Private Limited can be reached at the registered office: 11 – A Mittal Chambers Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website asolution.in.
The authorised capital is ₹5 Cr, and the paid-up capital is ₹4.89 Cr.