About Cheminnova Remedies Private Limited
Data last updated:
Cheminnova Remedies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 24 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24230TG2000PTC033347. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.4 Cr. It is led by directors Vasudev Rao Morusupalli (Managing Director) and Vaidyanathan Mulandram Nateshan.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.15 Ida Blanagar, Hyderabad, Telangana, India – 500037.
The company is associated with 1 brand: Cheminnova Group. As per MCA filings, the company has open charges of ₹21.35 Cr on record. Court records list 60 cases involving the company, including 25 filed by the company and 35 filed against it; 16 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in February 2012.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website cheminnova.com.
Company details
CIN history
Cheminnova Remedies has one previous CIN (Corporate Identification Number): U24230AP2000PTC033347. The current CIN is U24230TG2000PTC033347, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230TG2000PTC033347 | Current |
| U24230AP2000PTC033347 | Previous |
Contact details
Cheminnova Remedies Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressPlot No.15 Ida Blanagar, Hyderabad, Telangana, India – 500037
- 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
Brands
Cheminnova Remedies operates one associated brand: Cheminnova Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides CDMO services and manufactures branded generic pharmaceuticals. | cheminnova.com |
Financials of Cheminnova Remedies Private Limited
FY 2024 filings availableFinancial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 Cheminnova Remedies Private Limited, buy the company report.
Board of directors of Cheminnova Remedies Private Limited
Cheminnova Remedies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaidyanathan Mulandram Nateshan | Director | 22 Mar 2012 | 14 Years 7 Months | Current |
| Vasudev Rao Morusupalli Also directs: Bactochem Biologicals Private Limited | Managing Director | 24 Jan 2000 | 26 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2013 | 10423366 | Andhra Pradesh State Financial Corporation | ₹3.25 Cr | Open | |
| 24 May 2012 | 10360977 | Andhra Pradesh State Financial Corporation | ₹60 Lakh | Open | |
| 18 May 2011 | 10292540 | S E Investments Limited | ₹1.4 Cr | Open | |
| 18 Mar 2010 | 10206349 | Andhra Pradesh State Financial Corporation | ₹3 Cr | Open | |
| 01 Aug 2005 | 90259143 | Citi Corp Finance India Ltd. | ₹4 Lakh | Open |
To see the full charge records of Cheminnova Remedies Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Cheminnova Remedies Private Limited has 1 deal on record (1 acquisition); the latest was in February 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2012 | Acquisition | Undisclosed | Buyer: Rapid Nutrition Pty Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cheminnova Remedies Private Limited has 60 court cases on record: 25 filed by Cheminnova Remedies, 35 filed against it. 16 cases are pending and 44 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 43 | 24 | 16 |
| District courts | 17 | 11 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (CRLRC) | Filed by the company against M/S Indras Agencies Pvt. Limited, and 1 other | Pending |
| High Court for State of Telangana | Court case (CRLRC) | Filed by the company against M/S Indras Agencies Pvt. Limited, and 1 other | Pending |
| High Court, TELANGANA | Company petition | Filed against the company by M/S Indras Agencies Private Limited, | Pending |
| High Court, TELANGANA | Company petition | Filed against the company by Ifci Factors Ltd. | Pending |
| Bombay High Court | Writ petition | Filed against the company by Cipla Limited | Disposed |
To see the full case history of Cheminnova Remedies 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 Cheminnova Remedies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cheminnova Remedies has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Cheminnova Remedies Private Limited, buy the company report.
Recent activity
Cheminnova Remedies Private Limited has 7 board changes on record since 2000: 2 appointments and 5 cessations. The latest: Pavan Kumar Badhakal ceased to be Director on 07 Apr 2013.
12 earlier events are in the company report.
Frequently asked questions
Cheminnova Remedies is an active private limited company based in Hyderabad, Telangana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 24 January 2000 (26+ years old) and is registered under CIN U24230TG2000PTC033347.
Cheminnova Remedies has 2 current directors:
- Vasudev Rao Morusupalli - Managing Director
- Vaidyanathan Mulandram Nateshan - Director
The latest financial statements of Cheminnova Remedies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
No. Cheminnova Remedies has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Cheminnova Remedies is U24230TG2000PTC033347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheminnova Remedies has 60 court cases on record: 25 filed by the company and 35 filed against it. 16 are pending. Most are in the high courts.
Cheminnova Remedies was incorporated on 24 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Hyderabad.
Cheminnova Remedies has 1 deal on record (1 acquisition); the latest was in February 2012.
Pavan Kumar Badhakal ceased to be Director on 07 Apr 2013. Vaidyanathan Mulandram Nateshan was appointed as Director on 22 Mar 2012. Saraf Prashanth ceased to be Director on 18 Mar 2010. Cheminnova Remedies has 7 board changes on record in total.
Cheminnova Remedies can be reached through the website cheminnova.com. Its registered office is in Hyderabad, Telangana, India.