Espee Formulation Private Limited Company Logo

Espee Formulation Private Limited - Company Profile

It is a pharma private limited company based in Rajkot, Gujarat, India, established in 1988.

1988 | Rajkot, Gujarat, India | Active
Last Updated:

About Espee Formulation Private Limited

Espee Formulation Private Limited, a active private limited company, was established on 28 July 1988 in Rajkot, Gujarat, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: U24231GJ1988PTC011043. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹9.00 M and a paid-up capital of ₹8.00 M.

It upholds a compliant status. Employing 24 professional, Its leadership includes Vijay Ramniklal Badani (Whole-Time Director), Virendra Champaklal Kothari (Whole-Time Director), Jayesh Kantilal Desai (Director). Past directors included Jayesh Kantilal Desai. It holds ₹2.28 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sector No : 2 Plot No : 15 Shapar, Rajkot, Gujarat, 360002.

Company Details

  • CIN/LLPIN

    U24231GJ1988PTC011043

  • Registration Number

    011043

  • Incorporation Date

    28 July 1988

  • Authorized Capital

    ₹9.00 M

  • Paid-Up Capital

    ₹8.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 8.00 M
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.28 Cr
  • Revenue Growth -4.25%
  • Profit Growth 43.26%
  • Ebitda 90.75%
  • Net Worth -34.12%
  • Total Assets -4.99%
Company report

Espee Formulation Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Espee Formulation Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Espee Formulation Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Vijay Ramniklal BadaniWhole-Time Director28 Jul 1988Current
Virendra Champaklal KothariWhole-Time Director28 Jul 1988Current
Jayesh Kantilal DesaiDirector21 Dec 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2017Past

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Financial Performance of Espee Formulation.

Espee Formulation Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.25% decrease. The company also saw a substantial improvement in profitability, with a 43.26% increase in profit. The company's net worth observed a substantial decline by a decrease of 34.12%.

Espee Formulation revenue growth over time
Espee Formulation profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.25%
Revenue from Operations
-4.25%
Total Assets
-4.99%
Profit or Loss
43.26%
Net Worth
-34.12%
EBITDA
90.75%

What is the Ownership and Shareholding Structure of Espee Formulation?

In 2022, Espee Formulation had a promoter holding of 33.08% and a public holding of 66.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹22,782,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.53 Cr
  • Central Bank Of India : 0.55 Cr
  • Gujarat State Financial Corporation : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2021Others₹2.00 MOpen
08 Jun 2020Others₹4.00 MOpen
27 Dec 2019Others₹4.44 MOpen
02 Jan 1998Others₹4.88 MOpen
12 Dec 1997Central Bank Of India₹1.50 MOpen

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How Many Employees Work at Espee Formulation?

Espee Formulation has a workforce of 24 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Espee Formulation Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Espee Formulation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Espee Formulation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Espee Formulation

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Espee Formulation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Espee Formulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 2.00 M with Charge ID 100514120 was registered on 29 Nov 2021. was completed.

  • Charges

    A charge with Others amounted to Rs. 4.00 M with Charge ID 100345215 was registered on 08 Jun 2020. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 4.44 M with Charge ID 100317427 was registered on 27 Dec 2019. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 4.88 M registered on 02 Jan 1998 with Charge ID 90100578 was modified on 15 Feb 2018. was completed.

Frequently Asked Questions

  • What is the CIN of Espee Formulation Private Limited?

    The CIN of Espee Formulation Private Limited is U24231GJ1988PTC011043.

  • Where is Espee Formulation Private Limited headquartered?

    Espee Formulation Private Limited is headquartered at Sector No : 2 Plot No : 15 Shapar, Rajkot, Gujarat, 360002.

  • When was Espee Formulation Private Limited incorporated?

    Espee Formulation Private Limited was incorporated on 28 July 1988.

  • Who are the current directors of Espee Formulation Private Limited?

    The current directors of Espee Formulation Private Limited are

  • What is the primary industry of Espee Formulation Private Limited?

    The primary industry of Espee Formulation Private Limited is Manufacturing.

  • Is Espee Formulation Private Limited a listed company?

    Espee Formulation Private Limited is unlisted.

  • What is the capital structure of Espee Formulation Private Limited?

    The authorized capital of Espee Formulation Private Limited is ₹9.00 M, and the paid-up capital is ₹8.00 M.

  • What is the compliance status of Espee Formulation Private Limited?

    The compliance status of Espee Formulation Private Limited is Compliant.

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