
Avinash Drugs Limited
About Avinash Drugs Limited
Data last updated:
Avinash Drugs Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 23 August 1990.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1990PLC057849.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.3 Cr. It was led by directors including Kalpesh Hasmukh Mehta (Whole-Time Director) and Kirit Ratilal Mehta.
Its last annual general meeting (AGM) was held on 18 July 2008, and its latest financial statements are for the year ended 31 March 2008. The registered office was at Udyog Kshetra2Nd Floor Lbs Marg Mulund (West), Mumbai, Maharashtra, India – 400080.
Court records list 5 cases involving the company, including 3 filed by the company and 3 filed against it.
Company details
Contact details
Avinash Drugs Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressUdyog Kshetra2Nd Floor Lbs Marg Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryPharma, Drug Formulation & Development
- 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
Financials of Avinash Drugs Limited
FY 2008 filings availableFinancial Statement Summary
| Metrics | FY 2007-08 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2007-08 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Avinash Drugs Limited, buy the company report.
Board of directors of Avinash Drugs Limited
Avinash Drugs has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirit Ratilal Mehta | Director | 06 Aug 1996 | 30 Years 2 Months | As last reported |
| Kalpesh Hasmukh Mehta Also directs: Aarti Bio-Tech Limited, Kucchhi Realtors & Developers Private Limited, Kachcchi Samachar Private Limited and 5 more | Whole-Time Director | 29 Sep 2004 | 22 Years 0 Months | As last reported |
| Bhavesh Dhirajlal Sheth | Director | 22 Aug 1995 | 31 Years 2 Months | As last reported |
Legal cases
Avinash Drugs Limited has 5 court cases on record: 3 filed by Avinash Drugs, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Avinash Drugs Ltd. | Disposed |
| Bombay High Court | Appeal | Filed by the company against And Avinash Drugs Ltd and 1 other | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-WCA-G) | Filed against the company by an individual | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Avinash Drugs 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 Avinash Drugs Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avinash Drugs Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avinash Drugs Limited has 3 board changes on record since 1995: 3 appointments. The latest: Kalpesh Hasmukh Mehta was appointed as Whole-Time Director on 29 Sep 2004.
Frequently asked questions
Avinash Drugs has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Avinash Drugs was a public limited company based in Mumbai, Maharashtra, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 23 August 1990 and is registered under CIN U24110MH1990PLC057849. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avinash Drugs was incorporated on 23 August 1990. It is registered with the Registrar of Companies, Mumbai.
Avinash Drugs had 3 directors:
- Kalpesh Hasmukh Mehta - Whole-Time Director
- Kirit Ratilal Mehta - Director
- Bhavesh Dhirajlal Sheth - Director
The CIN (Corporate Identification Number) of Avinash Drugs is U24110MH1990PLC057849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avinash Drugs is at Udyog Kshetra2Nd Floor Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080.
The latest financial statements of Avinash Drugs on record with the MCA are for the year ended 31 March 2008. Its last annual general meeting was held on 18 July 2008. Year-wise statements from 2015 are in the company report.
Avinash Drugs operated in the pharma industry, in the drug formulation and development segment.
Avinash Drugs has 5 court cases on record: 3 filed by the company and 3 filed against it. Most are in the high courts.
Kalpesh Hasmukh Mehta was appointed as Whole-Time Director on 29 Sep 2004. Kirit Ratilal Mehta was appointed as Director on 06 Aug 1996. Bhavesh Dhirajlal Sheth was appointed as Director on 22 Aug 1995.