MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0165299
Avsplus Pharma Private Limited
Avsplus Pharma Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹50.81 Cr
▲ 28% YoY
Net profit · FY 2023
₹5.66 Lakh
Net margin 0.1%
EBITDA · FY 2023
₹92.53 Lakh
EBITDA margin 1.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹32.65 Lakh
Issued & subscribed
Open charges
₹15 Cr
Satisfied ₹4 Cr
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Avsplus Pharma Private Limited
Data last updated:
Avsplus Pharma Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 11 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2021PTC356814. Its GSTIN is 27AAUCA9269Q1ZC (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹32.65 Lakh. It is led by directors including Kalpesh Prakashchand Jain and Yogendra Gangaram Mungale.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 51 Manik Apartment Bhawani Shankar Road Dadar West, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2023, the company reported a revenue of ₹50.81 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹5.66 Lakh (net margin 0.1%) and EBITDA of ₹92.53 Lakh (EBITDA margin 1.8%).
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹4 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
Avsplus Pharma Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0165299).
Company details
CIN U51909MH2021PTC356814
Registration Number 356814
Incorporation Date 11 March 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0165299
Key People
Kalpesh Prakashchand Jain Director Yogendra Gangaram Mungale Director Deepesh Deepak Kolge Director Recognitions & Rankings of Avsplus Pharma
Contact details
Avsplus Pharma Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address51 Manik Apartment Bhawani Shankar Road Dadar West, Mumbai, Maharashtra, India – 400028
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Avsplus Pharma Private Limited, buy the company report.
Comprehensive company report
Avsplus Pharma 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Avsplus Pharma is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Avsplus Pharma Private Limited, buy the company report.
Financials of Avsplus Pharma Private Limited
FY 2023 filings availableAvsplus Pharma Private Limited reported revenue of ₹50.81 Cr (up 28% YoY) for FY 2023.
Revenue · FY 2023
₹50.81 Cr ▲ 28%
Net profit · FY 2023
₹5.66 Lakh margin 0.1%
EBITDA · FY 2023
₹92.53 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
EBITDA CAGR growth
1 year
▲ 177%
Revenue rose 28% in the latest year. EBITDA rose 177% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹50.81 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹92.53 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.66 Lakh | ||
| 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.8% | ||
| Net Profit Margin | 0.1% | ||
| 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 Avsplus Pharma Private Limited, buy the company report.
Board of directors of Avsplus Pharma Private Limited
Avsplus Pharma has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Prakashchand Jain Also directs: Mkdist Pharma LLP | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Yogendra Gangaram Mungale Also directs: Iris Agro Impex LLP, Keshavlal Pharma Solutions Private Limited | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Deepesh Deepak Kolge Also directs: Arogyam Medihub Private Limited | Director | 21 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Avsplus Pharma Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Metrix Healthcare Private Limited | ₹51.51 Cr (FY 2017) | 31.0% | Ahmedabad, Gujarat, India | |||
| Nutron Pharmaceuticals Private Limited | ₹51.48 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Avsplus Pharma Private Limitedthis company | ₹50.81 Cr (FY 2023) | ₹5.66 Lakh | 0.1% | 28.0% | Mumbai, Maharashtra, India | |
| Nectar Drugs Private Limited | ₹50.75 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| SG Pharma Distributors Private Limited | ₹50.62 Cr (FY 2024) | 22.0% | Delhi, India | |||
| Banmala Commercial Pvt.Ltd. | ₹50.58 Cr (FY 2024) | 10.0% | 24Pgs North, West Bengal, India | |||
| Uni Agencies Chemicals Private Ltd | ₹50.45 Cr (FY 2024) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Avsplus Pharma Private Limited, buy the company report.
Auditor
Avsplus Pharma Private Limited is audited by KARUNAKAR TILAK & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARUNAKAR TILAK & CO | FY 2023 | 128369W |
Shareholding
The shareholding of Avsplus Pharma Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avsplus Pharma Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2023 | 100676727 | Others | ₹15 Cr | Open | |
| 30 Nov 2021 | 100525013 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Avsplus Pharma Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Avsplus Pharma Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed against the company
5
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Union Bank of India Through Its Authorized Officer Mr Rajesh Kumar | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd. | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Union Bank of India Through Its Authorized Officer Mr Rajesh Kumar | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Troikaa Pharmaceuticals Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Troikaa Pharmaceuticals Limited | Disposed |
To see the full case history of Avsplus 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
No delayed payments to MSME suppliers are on our record for Avsplus Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avsplus Pharma Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Avsplus Pharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCA9269Q1ZC | Maharashtra | Active | 03 Apr 2021 |
To see the full GST registrations and return filing status of Avsplus Pharma Private Limited, buy the company report.
Recent activity
Avsplus Pharma Private Limited has 8 board changes on record since 2021: 3 appointments and 5 cessations. The latest: Ajit Anil Mane ceased to be Director on 09 May 2024.
Ceased
Ajit Anil Mane ceased to be Director.
Ceased
Vijay Dinkar Mohite ceased to be Director.
Charges
A charge registered on 30 Nov 2021 via Charge ID 100525013 with Others was fully satisfied on 20 Dec 2023.
AGM
Avsplus Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Anagha Bipin Nachane ceased to be Director.
Ceased
Mayur Mulchand Shah ceased to be Director.
Filing
Avsplus Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 1,500.00 Lakh with Charge ID 100676727 was registered on 30 Jan 2023.
Appointed
Deepesh Deepak Kolge was appointed as Director.
Ceased
Urvashi Sharad Mistry ceased to be Director.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100525013 was registered on 30 Nov 2021.
Appointed
Kalpesh Prakashchand Jain was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Avsplus Pharma is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 11 March 2021 (5+ years old) and is registered under CIN U51909MH2021PTC356814.
Avsplus Pharma has 3 current directors:
- Kalpesh Prakashchand Jain - Director
- Yogendra Gangaram Mungale - Director
- Deepesh Deepak Kolge - Director
The latest financial statements of Avsplus Pharma on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Avsplus Pharma is 27AAUCA9269Q1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avsplus Pharma is U51909MH2021PTC356814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avsplus Pharma has 5 court cases on record: 5 filed against it. 2 are pending.
Avsplus Pharma was incorporated on 11 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avsplus Pharma by revenue are Metrix Healthcare Private Limited, Nutron Pharmaceuticals Private Limited, Nectar Drugs Private Limited, SG Pharma Distributors Private Limited, Banmala Commercial Pvt.Ltd. and 1 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Ajit Anil Mane ceased to be Director on 09 May 2024. Vijay Dinkar Mohite ceased to be Director on 09 May 2024. Anagha Bipin Nachane ceased to be Director on 10 May 2023. Avsplus Pharma has 8 board changes on record in total.
Yes, Avsplus Pharma is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0165299).
The registered office of Avsplus Pharma is at 51 Manik Apartment Bhawani Shankar Road Dadar West, Mumbai, Maharashtra, India – 400028.