MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-JK-09-0005648
Associated Biopharma Private Limited
Associated Biopharma Private Limited - pharma in Panchkula, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26 Cr
▲ 92476% YoY
Net profit · FY 2025
₹1.14 Cr
Net margin 4.4%
EBITDA · FY 2025
₹3.64 Cr
EBITDA margin 14%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹47.5 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
84
Provident fund records
About Associated Biopharma Private Limited
Data last updated:
Associated Biopharma Private Limited is a private limited company based in Panchkula, Haryana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U24290HR2021PTC093830. Its GSTIN is 01AAUCA9727B1ZQ (Jammu and Kashmir).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Sanjeev Goel and Sandeep Saraswat.
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 House No. 850 Housing Board Colony Sector – 8, Panchkula, Haryana, India – 134109.
As per the financials filed for FY 2025, the company reported a revenue of ₹26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.14 Cr (net margin 4.4%) and EBITDA of ₹3.64 Cr (EBITDA margin 14%).
The company has about 84 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹47.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Associated Biopharma Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-JK-09-0005648).
Company details
CIN U24290HR2021PTC093830
Registration Number 093830
Incorporation Date 19 March 2021
ROC Haryana
Listing Status Unlisted
Company Status Active
MSME Classification MSME
Udyam Registration UDYAM-JK-09-0005648
Key People
Sanjeev Goel Director Sandeep Saraswat Director Recognitions & Rankings of Associated Biopharma
Contact details
Associated Biopharma Private Limited's registered office is in Panchkula, Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressHouse No. 850 Housing Board Colony Sector – 8, Panchkula, Haryana, India – 134109
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Associated Biopharma Private Limited, buy the company report.
Comprehensive company report
Associated Biopharma 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
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Financials of Associated Biopharma Private Limited
FY 2025 filings availableAssociated Biopharma Private Limited reported revenue of ₹26 Cr (up 92476% YoY) for FY 2025.
Revenue · FY 2025
₹26 Cr ▲ 92476%
Net profit · FY 2025
₹1.14 Cr margin 4.4%
EBITDA · FY 2025
₹3.64 Cr margin 14%
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 | ₹3.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.14 Cr | ||||
| 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 | 14% | ||||
| Net Profit Margin | 4.4% | ||||
| 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 Associated Biopharma Private Limited, buy the company report.
Board of directors of Associated Biopharma Private Limited
Associated Biopharma has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Goel Also directs: Nuveda Research & Labs LLP, Ivcure Pharma Private Limited, Scorda Pharma Private Limited and 5 more | Director | 19 Mar 2021 | 5 Years 7 Months | Current |
| Sandeep Saraswat | Director | 29 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Associated Biopharma Private Limited is compared with the 3 companies closest to it by revenue in the Biotechnology industry (Biopharma), with 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 |
|---|---|---|---|---|---|---|
| Kedrion Biopharma India Private Limited | ₹28.36 Cr (FY 2021) | -10.0% | New Delhi, Delhi, India | |||
| Associated Biopharma Private Limitedthis company | ₹26 Cr (FY 2025) | ₹1.14 Cr | 4.4% | 92476.0% | 84 | Panchkula, Haryana, India |
| Brix Biopharma Private Limited | ₹22.59 Cr (FY 2024) | 76.0% | Mumbai, Maharashtra, India | |||
| Phyto Ingredients Biopharma Private Limited | ₹14.72 Cr (FY 2025) | 159.0% | Bahadurgarh, Haryana, India |
To see the full peer comparison of Associated Biopharma Private Limited, buy the company report.
Auditor
Associated Biopharma Private Limited is audited by CHANDER SHEKHAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDER SHEKHAR & ASSOCIATES | FY 2023 | 020828N |
Shareholding
The shareholding of Associated Biopharma Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Associated Biopharma Private Limited, buy the company report.
Charges & borrowings
Open charges
₹47.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2022 | 100651412 | Hdfc Bank Limited | ₹47.5 Cr | Open |
To see the full charge records of Associated Biopharma Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Associated Biopharma Private Limited has 2 court cases on record: 2 filed by Associated Biopharma. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed by the company against Supal Pharma Care Limited | Pending |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed by the company against M/S Helinic Pharmaceuticals | Pending |
To see the full case history of Associated Biopharma 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
No delayed payments to MSME suppliers are on our record for Associated Biopharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Associated Biopharma Private Limited has a workforce of 84 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
84
Active EPFO establishments
2
Employee growth
12%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 84 |
| FY 2025-26 | |
| FY 2024-25 |
To see the full employee and EPFO history of Associated Biopharma Private Limited, buy the company report.
GST
Associated Biopharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AAUCA9727B1ZQ | Jammu and Kashmir | Active | 24 Mar 2022 |
To see the full GST registrations and return filing status of Associated Biopharma Private Limited, buy the company report.
Recent activity
Associated Biopharma Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Deepti Goel ceased to be Director on 30 Aug 2022.
AGM
Associated Biopharma Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 47.50 Cr registered on 02 Dec 2022 with Charge ID 100651412 was modified on 27 May 2025.
Filing
Associated Biopharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 47.50 Cr with Charge ID 100651412 was registered on 02 Dec 2022.
Ceased
Deepti Goel ceased to be Director.
Appointed
Sandeep Saraswat was appointed as Director.
Appointed
Deepti Goel was appointed as Director.
Appointed
Sanjeev Goel was appointed as Director.
Incorporation
19 Mar 2021
Associated Biopharma Private Limited was registered on 19 Mar 2021 with Roc Haryana & aged 5 years 7 months as per MCA records.
Frequently asked questions
Associated Biopharma is an active private limited company based in Panchkula, Haryana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 March 2021 (5+ years old) and is registered under CIN U24290HR2021PTC093830.
Associated Biopharma has 2 current directors:
- Sanjeev Goel - Director
- Sandeep Saraswat - Director
The latest financial statements of Associated Biopharma 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 2021 are in the company report.
The GSTIN of Associated Biopharma is 01AAUCA9727B1ZQ, registered in Jammu and Kashmir.
The CIN (Corporate Identification Number) of Associated Biopharma is U24290HR2021PTC093830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Biopharma has 2 court cases on record: 2 filed by the company. 2 are pending.
Associated Biopharma was incorporated on 19 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Associated Biopharma by revenue are Kedrion Biopharma India Private Limited, Brix Biopharma Private Limited, Phyto Ingredients Biopharma Private Limited, all in the Biotechnology industry (Biopharma), with the same principal business activity (wholesale trading).
Deepti Goel ceased to be Director on 30 Aug 2022. Sandeep Saraswat was appointed as Director on 29 Aug 2022. Deepti Goel was appointed as Director on 19 Mar 2021. Associated Biopharma has 4 board changes on record in total.
Yes, Associated Biopharma is registered as an MSME under Udyam registration (number: UDYAM-JK-09-0005648).
The registered office of Associated Biopharma is at House No. 850 Housing Board Colony Sector – 8, Panchkula, Haryana, India – 134109.
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