About Colorcon Asia Private Limited
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Colorcon Asia Private Limited is a private limited company based in Salcete, Goa, India, a subsidiary of Colorcon Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 22 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U01122GA1994PTC003308. Its GSTIN is 30AAACC2281Q1ZP (Goa). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.63 Cr. It is led by directors including Anita Dhande (Managing Director) and Vinay Bharat Potdar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No M – 14/M – 18 Verna Electronic City Verna, Salcete, Goa, India – 403722.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,438.58 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹362.71 Cr (net margin 25.2%) and EBITDA of ₹504.24 Cr (EBITDA margin 35.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company has about 241 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Colorcon. As per MCA filings, the company has open charges of ₹70 Lakh and satisfied charges of ₹4.8 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 3 cases are 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 colorcon.com.
Company details
Contact details
Colorcon Asia Private Limited's registered office is in Salcete, Goa. Its website is colorcon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No M – 14/M – 18 Verna Electronic City Verna, Salcete, Goa, India – 403722
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Colorcon Asia Private Limited, buy the company report.
- 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
Colorcon Asia operates one associated brand: Colorcon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of specialty excipients and corporate-backed venture capital fund focused on healthcare startups | colorcon.com |
Business activity
The main business activity of Colorcon Asia is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Colorcon Asia Private Limited, buy the company report.
Financials of Colorcon Asia Private Limited
FY 2025 filings availableColorcon Asia Private Limited reported revenue of ₹1,438.58 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹504.24 Cr | ||||
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| Net Profit (PAT) | ₹362.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 35.1% | ||||
| Net Profit Margin | 25.2% | ||||
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To see the full financial statements and ratios of Colorcon Asia Private Limited, buy the company report.
Board of directors of Colorcon Asia Private Limited
Colorcon Asia has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Simon Tasker Also directs: Airnov India Limited | Director | 01 Mar 2021 | 5 Years 8 Months | Current |
| Vinay Bharat Potdar | Whole-Time Director | 18 Oct 2022 | 4 Years 0 Months | Current |
| Anita Dhande Also directs: Ideal Cures Private Limited | Managing Director | 02 Feb 2023 | 3 Years 9 Months | Current |
Auditor
Colorcon Asia Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Colorcon Asia Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Colorcon Asia Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2016 | 100019278 | The Hongkong and Shanghai Banking Corporation Limited | ₹70 Lakh | Open | |
| 03 Mar 2016 | 10625712 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Satisfied | |
| 25 Feb 2015 | 10552571 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Satisfied | |
| 21 Jun 2001 | 90076796 | C.I.T.I.Bank | ₹2.4 Cr | Satisfied | |
| 16 Jul 1994 | 90077120 | The Hongkong and Shanghai Banking Corporation Ltd. | ₹40 Lakh | Satisfied |
To see the full charge records of Colorcon Asia Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Colorcon Asia Private Limited has 10 court cases on record: 8 filed by Colorcon Asia, 2 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 1 | 2 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1602-Direct Taxation : International Taxation, Double Tax Avoidance Agreement (DTAA), Transfer Pricing) | Filed against the company by The Joint Commissioner of Income Tax, Panji and 2 others | Pending |
| District court, South Goa, Goa | Civil suit | Filed by the company against Tapasya Engineering Works Pvt Ltd and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Oberoi Realty Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against M/S Rajat Pharmachem Ltd and 3 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against Oberoi Realty Pvt Ltd | Disposed |
To see the full case history of Colorcon Asia 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
Colorcon Asia Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 289 overdue payments to 43 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Signellent Technologies India Private Limited | |||
| an individual supplier | |||
| Cybernetik Technologies Private Limited | |||
| Nido Machineries Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Colorcon Asia Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Colorcon Asia Private Limited has a workforce of 241 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Colorcon Asia has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACC2281Q1ZP | Goa | Active | 01 Jul 2017 |
| 30AAACC2281Q3ZN | Goa | Active | 26 Feb 2025 |
| 27AAACC2281Q1ZC | Maharashtra | Active | 01 Jul 2017 |
| 36AAACC2281Q1ZD | Telangana | Active | 10 Apr 2019 |
To see the full GST registrations and return filing status of Colorcon Asia Private Limited, buy the company report.
Recent activity
Colorcon Asia Private Limited has 16 board changes on record since 2012: 3 appointments and 13 cessations. The latest: David Francis Bain ceased to be Additional Director on 18 Apr 2023.
18 earlier events are in the company report.
News
Frequently asked questions
Colorcon Asia is an active private limited company based in Salcete, Goa, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 22 April 1994 (32+ years old) and is registered under CIN U01122GA1994PTC003308.
Colorcon Asia has 3 current directors:
- Anita Dhande - Managing Director
- Vinay Bharat Potdar - Whole-Time Director
- Simon Tasker - Director
The latest financial statements of Colorcon Asia on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Colorcon Asia is 30AAACC2281Q1ZP, registered in Goa. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 30AAACC2281Q3ZN (Goa), 27AAACC2281Q1ZC (Maharashtra), 36AAACC2281Q1ZD (Telangana).
The CIN (Corporate Identification Number) of Colorcon Asia is U01122GA1994PTC003308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Colorcon Asia has 10 court cases on record: 8 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Colorcon Asia was incorporated on 22 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Goa.
David Francis Bain ceased to be Additional Director on 18 Apr 2023. Anita Dhande ceased to be Additional Director on 24 Feb 2023. Anita Dhande was appointed as Managing Director on 02 Feb 2023. Colorcon Asia has 16 board changes on record in total.
Colorcon Asia has 13 MSME Form 1 returns on record between 2019 and 2024, listing 289 overdue payments to 43 micro and small suppliers. The latest return was filed on 18 Apr 2024.
Colorcon Asia can be reached through the website colorcon.com. Its registered office is in Salcete, Goa, India.
The registered office of Colorcon Asia is at Plot No M – 14M – 18 Verna Electronic City Verna, Salcete, Goa, India – 403722.
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