- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0073958

About Espee Pharma Chem Private Limited
Data last updated:
Espee Pharma Chem Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 21 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ2001PTC039341. Its GSTIN is 24AAACE8706E1ZZ (Gujarat).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5 Cr. It is led by directors Sanjay Jashwantlal Shah (Managing Director) and Kripa Sanjay Shah (Whole-Time Director).
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 814 Devpath Behind Lalbunglow Off C G Road, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹168.11 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹6.63 Cr (net margin 3.9%) and EBITDA of ₹12.06 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 11% over five years.
The company is associated with 2 brands: Espee Pharma Chem and Espee PharmaChem. As per MCA filings, the company has open charges of ₹1.84 Cr on record. Court records list 13 cases involving the company, including 10 filed by the company and 3 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.85 Cr; the latest was in March 2014. Its 8 peer companies in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 4 smaller; the largest is Medsource Healthcare Private Limited with revenue of ₹172.66 Cr.
Espee Pharma Chem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0073958). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website espeepharma.com.
Company details
Recognitions & Rankings of Espee Pharma Chem
Contact details
Espee Pharma Chem Private Limited's registered office is in Ahmedabad, Gujarat. Its website is espeepharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address814 Devpath Behind Lalbunglow Off C G Road, Ahmedabad, Gujarat, India – 380006
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Espee Pharma Chem 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
Espee Pharma Chem operates two associated brands: Espee Pharma Chem and Espee PharmaChem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplies APIs, excipients, and packaging materials for pharmaceuticals worldwide efficiently. | espeepharma.com | |
| Supplying chemical products and services to the pharmaceutical and chemical industries. | bulkdrugindia.com |
Business activity
The main business activity of Espee Pharma Chem is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Espee Pharma Chem Private Limited, buy the company report.
Financials of Espee Pharma Chem Private Limited
FY 2025 filings availableEspee Pharma Chem Private Limited reported revenue of ₹168.11 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 8% growth in the latest year. EBITDA fell 3% 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 | ₹12.06 Cr | ||||
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| Net Profit (PAT) | ₹6.63 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 | 7.2% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Espee Pharma Chem Private Limited, buy the company report.
Board of directors of Espee Pharma Chem Private Limited
Espee Pharma Chem has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kripa Sanjay Shah | Whole-Time Director | 21 Mar 2001 | 25 Years 7 Months | Current |
| Sanjay Jashwantlal Shah Also directs: Calyxen Bioscience Private Limited, Antila Lifesciences Private Limited, Antila Bioscience Private Limited and 1 more | Managing Director | 21 Mar 2001 | 25 Years 7 Months | Current |
Peer comparison
Espee Pharma Chem Private Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medsource Healthcare Private Limited | ₹172.66 Cr (FY 2019) | -40.0% | New Delhi, Delhi, India | |||
| Farmachem Life Private Limited | ₹171.18 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Goa Medicos Private Limited | ₹171.03 Cr (FY 2025) | 5.0% | Gurgaon, Haryana, India | |||
| Dr. Morepen Limited | ₹170.92 Cr (FY 2025) | 81.0% | New Delhi, Delhi, India | |||
| Espee Pharma Chem Private Limitedthis company | ₹168.11 Cr (FY 2025) | ₹6.63 Cr | 3.9% | 8.0% | Ahmedabad, Gujarat, India | |
| Grownbury Pharmaceuticals Private Limited | ₹167.88 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Medi Sales Agencies Private Limited | ₹167.62 Cr (FY 2025) | -3.0% | Chennai, Tamil Nadu, India | |||
| Dedeepya Pharma Private Limited | ₹167.22 Cr (FY 2024) | 86.0% | Hyderabad, Telangana, India | |||
| A.Menarini India Private Limited | ₹166.29 Cr (FY 2025) | -22.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Espee Pharma Chem Private Limited, buy the company report.
Auditor
Espee Pharma Chem Private Limited is audited by ARPAN CHUDGAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARPAN CHUDGAR & ASSOCIATES | FY 2023 | 133877W |
Shareholding
The shareholding of Espee Pharma Chem 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) | |||||
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| Others |
To see the full shareholding pattern of Espee Pharma Chem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2025 | 101199483 | Others | ₹44 Lakh | Open | |
| 30 Apr 2024 | 100919828 | Others | ₹60 Lakh | Open | |
| 08 Jun 2021 | 100451369 | Others | ₹80 Lakh | Open |
Total charge records: 3 View all charges
Deals & funding
Espee Pharma Chem Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.85 Cr; the latest was in March 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹2 Cr | Investors: Sanjay Jashwantlal HUF |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2012 | Funding round | ₹2.8 Cr | Investors: Sanjay Jashwantlal HUF, an individual |
| Jul 2006 | Funding round | ₹5 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Espee Pharma Chem Private Limited has 13 court cases on record: 10 filed by Espee Pharma Chem, 3 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (PRCPT) | Filed by the company against Moraceae Pharmaceuticals Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Preet Pharma Pvt Ltd and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Jaywin Remedies Pvt Ltd and 2 others | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax-1, Ahmedabad | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Espee Pharma Chem 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 Espee Pharma Chem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Espee Pharma Chem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE8706E1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Espee Pharma Chem Private Limited, buy the company report.
Recent activity
Espee Pharma Chem Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Jashvantllal Chimanlal Shah ceased to be Whole-Time Director on 23 Apr 2012.
Frequently asked questions
Espee Pharma Chem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 21 March 2001 (25+ years old) and is registered under CIN U24231GJ2001PTC039341.
Espee Pharma Chem has 2 current directors:
- Sanjay Jashwantlal Shah - Managing Director
- Kripa Sanjay Shah - Whole-Time Director
The latest financial statements of Espee Pharma Chem on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Espee Pharma Chem is 24AAACE8706E1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Espee Pharma Chem is U24231GJ2001PTC039341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Espee Pharma Chem has 13 court cases on record: 10 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Espee Pharma Chem was incorporated on 21 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Espee Pharma Chem has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.85 Cr; the latest was in March 2014.
The peers of Espee Pharma Chem by revenue are Medsource Healthcare Private Limited, Farmachem Life Private Limited, Goa Medicos Private Limited, Dr. Morepen Limited, Grownbury Pharmaceuticals Private Limited and 3 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Jashvantllal Chimanlal Shah ceased to be Whole-Time Director on 23 Apr 2012. Kripa Sanjay Shah ceased to be Director on 01 Apr 2008. Kripa Sanjay Shah was appointed as Whole-Time Director on 21 Mar 2001. Espee Pharma Chem has 4 board changes on record in total.
Yes, Espee Pharma Chem is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0073958).

