About Chowhan Ventures Private Limited
Data last updated:
Chowhan Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 04 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24239KA2007PTC193623. Its GSTIN is 29AACCN4642C1ZN (Karnataka). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Novogene Life Sciences Private Limited. It is led by directors including Jayantilal B Chowhan and Kalpesh Jayantilal Chowhan.
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 No 199/5 7th Main Road 2nd Block, Bangalore Karnataka, Karnataka, India – 560011.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.27 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.86 Cr (net margin -25.2%) and EBITDA of -₹5.27 Cr (EBITDA margin -19.3%).
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹18.98 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website robomedipl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 199/5 7th Main Road 2nd Block, Bangalore Karnataka, Karnataka, India – 560011
- 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
- One PDF report, delivered after checkout
Business Activity of Chowhan Ventures Private Limited
The main business activity of Chowhan Ventures is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Chowhan Ventures Private Limited FY 2025 filings available
Chowhan Ventures Private Limited reported revenue of ₹27.27 Cr (up 576% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Chowhan Ventures Private Limited
Revenue rose 576% in the latest year. EBITDA fell 440% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Chowhan Ventures Private Limited
| 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 | -₹5.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.86 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 of Chowhan Ventures Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -25.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chowhan Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Chowhan Ventures Private Limited
Chowhan Ventures Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cirex Pharmaceuticals Private Limited | ₹27.51 Cr (FY 2025) | •••• | •••• | 487.0% | •••• | Hyderabad, Telangana, India |
| Healmax Trading Private Limited | ₹27.39 Cr (FY 2024) | •••• | •••• | •••• | Bhopal, Madhya Pradesh, India | |
| Acme Diet Care Private Limited | ₹27.35 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
| Kay Biotech Private Limited | ₹27.33 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Riconpharma India Private Limited | ₹27.3 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Hyderabad, Telangana, India |
| Chowhan Ventures Private Limited this company | ₹27.27 Cr (FY 2025) | •••• | •••• | 576.0% | •••• | Bangalore, Karnataka, India |
| Kanchan Drugs Pvt Ltd | ₹27.23 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Biotics Lab Life Services Private Limited | ₹27.2 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Bangalore, Karnataka, India |
| Sun Moon Pharmaceuticals Private Limited | ₹27.19 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Boisar, Maharashtra, India |
| Cibeles Pharmaceuticals Private Limited | ₹27.15 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Mumbai, Maharashtra, India |
| Nexgen RX Lifesciences Private Limited | ₹27.13 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Chowhan Ventures by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Chowhan Ventures Private Limited
Chowhan Ventures Private Limited is audited by Doshi Jain & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Doshi Jain & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Chowhan Ventures Private Limited
Chowhan Ventures has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayantilal B Chowhan | Director | 04 Jan 2007 | 19 Years 9 Months | Current |
| Kalpesh Jayantilal Chowhan | Director | 15 Oct 2011 | 14 Years 11 Months | Current |
| Naresh Jayantilal Chowhan | Director | 15 Oct 2011 | 14 Years 11 Months | Current |
Ownership and Shareholding of Chowhan Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Chowhan Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jul 2022 | Others | ₹10 Cr | Open |
| 23 Mar 2021 | Hdfc Bank Limited | ₹98.4 Lakh | Satisfied |
| 10 Mar 2021 | Hdfc Bank Limited | ₹8 Cr | Satisfied |
| 29 Jun 2019 | Yes Bank Limited | ₹5 Cr | Satisfied |
| 29 Jun 2019 | Yes Bank Limited | ₹5 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Chowhan Ventures Private Limited
Chowhan Ventures Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Bilcare Limited | Pending |
| Bombay High Court | Company petition | Filed against the company by Bilcare Limited | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Chowhan Ventures Private Limited
Chowhan Ventures Private Limited has a workforce of 14 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Chowhan Ventures Private Limited
Chowhan Ventures has one previous CIN (Corporate Identification Number): U24239MH2007PTC166700. The current CIN is U24239KA2007PTC193623, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24239KA2007PTC193623 | Current |
| U24239MH2007PTC166700 | Previous |
Recent Activity on Chowhan Ventures Private Limited
Chowhan Ventures Private Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Deepak Galaramji Choudhary ceased to be Director on 16 Mar 2021.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Chowhan Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Chowhan Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chowhan Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Chowhan Ventures Private Limited
Chowhan Ventures has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN4642C1ZN | Karnataka | Active | 01 Jul 2017 |
| 24AACCN4642C1ZX | Gujarat | Active | 01 Jun 2019 |
| 27AACCN4642C2ZQ | Maharashtra | Active | 24 Jan 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Chowhan Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Chowhan Ventures Private Limited
Chowhan Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 04 January 2007 (19+ years old) and is registered under CIN U24239KA2007PTC193623.
Chowhan Ventures reported revenue of ₹27.27 Cr for FY 2025 (up 576% YoY).
Chowhan Ventures has 3 current directors:
- Jayantilal B Chowhan - Director
- Kalpesh Jayantilal Chowhan - Director
- Naresh Jayantilal Chowhan - Director
Chowhan Ventures reported a net loss of ₹6.86 Cr (net margin -25.2%) and EBITDA of -₹5.27 Cr (EBITDA margin -19.3%) for FY 2025, as per its filed financial statements.
The GSTIN of Chowhan Ventures is 29AACCN4642C1ZN, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCN4642C1ZX (Gujarat), 27AACCN4642C2ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Chowhan Ventures is U24239KA2007PTC193623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chowhan Ventures has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the high courts.
Chowhan Ventures was incorporated on 04 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Chowhan Ventures by revenue are Cirex Pharmaceuticals Private Limited, Healmax Trading Private Limited, Acme Diet Care Private Limited, Kay Biotech Private Limited, Riconpharma India Private Limited and 5 more, all in the Pharma industry (Formulations).
Deepak Galaramji Choudhary ceased to be Director on 16 Mar 2021. Chandra Jayantilal Chowhan ceased to be Director on 23 Oct 2019. Kalpesh Jayantilal Chowhan ceased to be Additional Director on 30 Sep 2012. Chowhan Ventures has 9 board changes on record in total.
Chowhan Ventures can be reached through the website robomedipl.com. Its registered office is in Bangalore, Karnataka, India.