Elder Pharmaceuticals Limited

Elder Pharmaceuticals Limited - pharma in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN L24239MH1983PLC029714 Incorporated 02 April 1983 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Liquidation Listed Public Limited Company pharma
Data last updated
Revenue · FY 2013
₹1,259.31 Cr
▲ 25% YoY
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹20.54 Cr
Issued & subscribed
Open charges
₹338.1 Cr
Satisfied ₹3,335.92 Cr
Company age
43 yrs
Est. 1983
Directors on board
3
As per MCA filings
GST registrations
24
None active
Last financials
Jun 2013
Balance sheet date

About Elder Pharmaceuticals Limited

Data last updated:

Elder Pharmaceuticals Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 02 April 1983.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24239MH1983PLC029714. The company has 24 GST registrations on record, none of which is active. It is a listed company.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹20.54 Cr. It is led by directors including Alok Jagdish Saxena (Managing Director) and Abdul Khader Mohammed Ravani.

Its last annual general meeting (AGM) was held on 30 December 2013, and its latest financial statements are for the year ended 30 June 2013. The registered office is at Elder House Plot No C9Dalia Industrial Estate Off Veera Desai Road Andheri W India, Mumbai, Maharashtra, India – 400058.

As per the financials filed for FY 2013, the company reported a revenue of ₹1,259.31 Cr, a growth of 25% compared to the previous year.

As per MCA filings, the company has open charges of ₹338.1 Cr and satisfied charges of ₹3,335.92 Cr on record. Court records list 972 cases involving the company, including 278 filed by the company and 663 filed against it; 105 cases are pending. The company has 36 deals on record (32 market trades, 2 acquisitions, 1 qip), with disclosed funding of ₹38.66 Cr; the latest was in January 2015. Its 10 peer companies in the Pharma industry (Formulations, Pharmaceuticals) are compared by revenue, 5 larger and 5 smaller; the largest is Onesource Specialty Pharma Limited with revenue of ₹1,462.33 Cr.

The last known website on record is elderindia.com.

Company Details of Elder Pharmaceuticals Limited
CIN L24239MH1983PLC029714
Registration Number 029714
Incorporation Date 02 April 1983
ROC Mumbai
Listing Status Listed
Company Status Under Liquidation
Date of Last AGM 30 December 2013
Date of Balance Sheet 30 June 2013

CIN History of Elder Pharmaceuticals Limited

Elder Pharmaceuticals has one previous CIN (Corporate Identification Number): U24239MH1983PLC029714. The current CIN is L24239MH1983PLC029714, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24239MH1983PLC029714Current
U24239MH1983PLC029714Previous
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Elder House Plot No C9Dalia Industrial Estate Off Veera Desai Road Andheri W India, Mumbai, Maharashtra, India – 400058
  • Industry
    Pharma, Drug Formulation & Development
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Financials, compliance, directors, charges, ownership and filings for Elder Pharmaceuticals Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Elder Pharmaceuticals Limited FY 2013 filings available

Elder Pharmaceuticals Limited reported revenue of ₹1,259.31 Cr (up 25% YoY) for FY 2013.

Revenue · FY 2013
₹1,259.31 Cr ▲ 25%

Compounded Annual Growth Rate (CAGR) of Elder Pharmaceuticals Limited

Revenue CAGR growth
1 year
▲ 25%

Revenue rose 25% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Elder Pharmaceuticals Limited

MetricsFY 2012-13
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 of Elder Pharmaceuticals Limited

MetricsFY 2012-13
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••••

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 Elder Pharmaceuticals are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

  • Income statements
  • Balance sheets
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Verified entity values are shown only after access is granted.

Board of Directors of Elder Pharmaceuticals Limited

Elder Pharmaceuticals has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Alok Jagdish SaxenaManaging Director29 Aug 200224 Years 1 MonthsAs last reported
Abdul Khader Mohammed RavaniAdditional Director25 Jan 201610 Years 8 MonthsAs last reported
Kader Mohamed DavawalaAdditional Director25 Jan 201610 Years 8 MonthsAs last reported

Peer Comparison of Elder Pharmaceuticals Limited

Elder Pharmaceuticals Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Onesource Specialty Pharma Limited₹1,462.33 Cr (FY 2025)••••••••730.0%••••Thane, Maharashtra, India
Par Formulations Private Limited₹1,462.09 Cr (FY 2025)••••••••5.0%••••Chennai, Tamil Nadu, India
Encube Ethicals Private Limited₹1,369 Cr (FY 2025)••••••••25.0%••••Mumbai, Maharashtra, India
Shasun Pharmaceuticals Limited₹1,328.86 Cr (FY 2015)••••••••8.0%••••Chennai, Tamil Nadu, India
Sentiss Pharma Private Limited₹1,262.74 Cr (FY 2025)••••••••43.0%••••New Delhi, Delhi, India
Elder Pharmaceuticals Limited this company₹1,259.31 Cr (FY 2013)••••••••25.0%••••Mumbai, Maharashtra, India
Innova Captab Limited₹1,255.72 Cr (FY 2025)••••••••15.0%••••Thane, Maharashtra, India
Mylan Pharmaceuticals Private Limited₹1,253.34 Cr (FY 2025)••••••••1.0%••••Hyderabad, Telangana, India
Cipla Health Limited₹1,228.87 Cr (FY 2025)••••••••17.0%••••Mumbai, Maharashtra, India
Neon Laboratories Limited₹1,222.81 Cr (FY 2025)••••••••4.0%••••Mumbai, Maharashtra, India
Corona Remedies Limited₹1,202.35 Cr (FY 2025)••••••••18.0%••••Ahmedabad, Gujarat, India

Peers are the five companies nearest above and the five nearest below Elder Pharmaceuticals by revenue in the Pharma industry (Formulations, Pharmaceuticals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Charges & Borrowings of Elder Pharmaceuticals Limited

Open charges
₹338.1 Cr
Satisfied charges
₹3,335.92 Cr
Breakdown by lending institutions
Axis Trustee Services Limited₹261.80 Cr
Bank of India₹35.00 Cr
Axis Bank Limited₹25.00 Cr
Dcb Bank Limited₹16.00 Cr
Director of Industries₹0.30 Cr
Latest charge details
DateLenderAmountStatus
10 Oct 2014Dcb Bank Limited₹16 CrOpen
30 Jul 2014Bank of India₹35 CrOpen
19 Nov 2012Axis Trustee Services Limited₹70 CrOpen
28 Jun 2011Axis Trustee Services Limited₹73 CrOpen
21 Mar 2011Axis Trustee Services Limited₹118.8 CrOpen

Total charge records: 176 View all charges

Deals & Funding of Elder Pharmaceuticals Limited

Elder Pharmaceuticals Limited has 36 deals on record (32 market trades, 2 acquisitions, 1 qip), with disclosed funding of ₹38.66 Cr; the latest was in January 2015.

Total deals
36
Market trades
32
Acquisitions
2
QIP
1
Funding round
1
Disclosed funding
₹38.66 Cr

Deals on record (5 of 36)

WhenDealAmountParties
Jan 2015Market trade₹3.2 CrBuyer: Millennium Stock Broking Private Limited
Seller: Millennium Stock Broking Private Limited
Mar 2014Market trade₹2.39 CrBuyer: Monet Securities Pvt. Ltd.
Seller: Supreme Wood Products Pvt Ltd
Jan 2014Market trade₹2.74 CrBuyer: Crosseas Capital Markets Private Limited
Seller: Crosseas Capital Markets Private Limited
Dec 2013Acquisition₹2,004 CrBuyer: Torrent Pharmaceuticals Ltd
Seller: Elder Pharmaceuticals Limited
Dec 2013Market trade₹6.61 CrBuyer: Crosseas Capital Markets Private Limited
Seller: Crosseas Capital Markets Private Limited
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Full deal history

All 36 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Elder Pharmaceuticals Limited

Employment history and EPFO contributions of people linked to Elder Pharmaceuticals.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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  • Establishment history

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Recent Activity on Elder Pharmaceuticals Limited

Elder Pharmaceuticals Limited has 37 board changes on record since 1983: 20 appointments and 17 cessations. The latest: Abdul Khader Mohammed Ravani was appointed as Additional Director on 25 Jan 2016.

Appointed
Abdul Khader Mohammed Ravani was appointed as Additional Director.
Appointed
Kader Mohamed Davawala was appointed as Additional Director.
Ceased
Babita Bhatia ceased to be Additional Director.
Ceased
Joginder Singh Juneja ceased to be Director.
Ceased
Sailendra Narain ceased to be Director.
Appointed
Babita Bhatia was appointed as Additional Director.
Ceased
Saleem Iqbal Shervani ceased to be Director.
Ceased
Jayaram Subramanian ceased to be Director.
Ceased
Urvashi Saxena ceased to be Director.
Ceased
Farid Rashid Gulmohamed ceased to be Additional Director.
Ceased
Yusuf Karim Khan ceased to be Whole-Time Director.
Charges
A charge with Dcb Bank Limited of Rs. 16.00 Cr registered on 10 Oct 2014 with Charge ID 10531139 was modified on 15 Oct 2014.

431 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Elder Pharmaceuticals Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Elder Pharmaceuticals Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Elder Pharmaceuticals Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Elder Pharmaceuticals Limited

Elder Pharmaceuticals has 24 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
24
Cancelled / inactive
24
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Elder Pharmaceuticals Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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  • Annual returns and statements
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Frequently Asked Questions about Elder Pharmaceuticals Limited

Elder Pharmaceuticals is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Elder Pharmaceuticals is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 02 April 1983 and is registered under CIN L24239MH1983PLC029714. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Elder Pharmaceuticals reported revenue of ₹1,259.31 Cr for FY 2013 (up 25% YoY).

Elder Pharmaceuticals has 3 current directors:

The CIN (Corporate Identification Number) of Elder Pharmaceuticals is L24239MH1983PLC029714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Elder Pharmaceuticals is a listed company.

Elder Pharmaceuticals has open charges of ₹338.1 Cr and satisfied charges of ₹3,335.92 Cr as per latest MCA filings.

Elder Pharmaceuticals has 972 court cases on record: 278 filed by the company and 663 filed against it. 105 are pending. Most are in the high courts.

Elder Pharmaceuticals was incorporated on 02 April 1983. It is registered with the Registrar of Companies, Mumbai.

Elder Pharmaceuticals has 36 deals on record (32 market trades, 2 acquisitions, 1 qip), with disclosed funding of ₹38.66 Cr; the latest was in January 2015.

The peers of Elder Pharmaceuticals by revenue are Onesource Specialty Pharma Limited, Par Formulations Private Limited, Encube Ethicals Private Limited, Shasun Pharmaceuticals Limited, Sentiss Pharma Private Limited and 5 more, all in the Pharma industry (Formulations, Pharmaceuticals).

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