Genrx Pharmaceuticals Private Limited
About Genrx Pharmaceuticals Private Limited
Data last updated:
Genrx Pharmaceuticals Private Limited is a private limited company based in Thane, 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 24 December 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33119MH2009PTC198122. Its GSTIN is 27AADCG7498N2ZP (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Iype Kurian Varkey Vengal and Kushal Rameshchandra Patel.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Hill Palace L G 1 Opp. Raunak Tower B Kokani Pada Pokharan Road No. 2, Thane, Maharashtra, India – 400610.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.82 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹4.59 Cr and EBITDA of -₹2.86 Cr. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years.
The company is associated with 1 brand: GenRx Pharmaceuticals. As per MCA filings, the company has open charges of ₹31.33 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 4 cases are pending.
Company details
Contact details
Genrx Pharmaceuticals Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHill Palace L G 1 Opp. Raunak Tower B Kokani Pada Pokharan Road No. 2, Thane, Maharashtra, India – 400610
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Genrx Pharmaceuticals 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
Genrx Pharmaceuticals operates one associated brand: GenRx Pharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality pharmaceutical products, including tablets, capsules, sprays, and drops. | genrx.co.in |
Business activity
The main business activity of Genrx Pharmaceuticals is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Genrx Pharmaceuticals Private Limited, buy the company report.
Financials of Genrx Pharmaceuticals Private Limited
FY 2018 filings availableGenrx Pharmaceuticals Private Limited reported revenue of ₹8.82 Lakh (down 97% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over three years, including a 97% fall 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.82 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.86 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.59 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ||||
To see the full financial statements and ratios of Genrx Pharmaceuticals Private Limited, buy the company report.
Board of directors of Genrx Pharmaceuticals Private Limited
Genrx Pharmaceuticals has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Iype Kurian Varkey Vengal Also directs: Bee Vee Technologies Private Limited | Director | 12 Jul 2017 | 9 Years 3 Months | As last reported |
| Kushal Rameshchandra Patel Also directs: Medihealthcare Private Limited | Director | 24 Dec 2009 | 16 Years 10 Months | As last reported |
| Mousam Rameshchandra Patel Also directs: Genrx Pharma Impex Private Limited | Director | 24 Dec 2009 | 16 Years 10 Months | As last reported |
| Rajesh Kumar Mittal Also directs: R.S. Mittal Consultants Private Limited | Irp/Rp/Liquidator | 01 Jun 2023 | 3 Years 4 Months | As last reported |
| Rameshchandra Shankar Patel | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
Auditor
Genrx Pharmaceuticals Private Limited is audited by RAILKAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAILKAR & ASSOCIATES | FY 2018 | 104485 |
Shareholding
The shareholding of Genrx Pharmaceuticals Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Genrx Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2013 | 10451176 | Others | ₹1 Cr | Open | |
| 29 Dec 2011 | 10331222 | Others | ₹30.33 Cr | Open |
To see the full charge records of Genrx Pharmaceuticals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Genrx Pharmaceuticals Private Limited has 9 court cases on record: 9 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 9 | 9 | 4 |
Cases on record (4 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S K.P Manish Global Ingredients Pvt.Ltd | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by K.P Manish Global Ingredients Pvt. Ltd. | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by K.P Manish Global Ingredeints Pvt.Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by K.P Manish Global Ingredeints Pvt.Ltd | Disposed |
To see the full case history of Genrx Pharmaceuticals 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 Genrx Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Genrx Pharmaceuticals Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Genrx Pharmaceuticals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG7498N2ZP | Maharashtra | Active | 13 Aug 2020 |
To see the full GST registrations and return filing status of Genrx Pharmaceuticals Private Limited, buy the company report.
Recent activity
Genrx Pharmaceuticals Private Limited has 8 board changes on record since 2009: 5 appointments and 3 cessations. The latest: Rajesh Kumar Mittal was appointed as Irp/Rp/Liquidator on 01 Jun 2023.
3 earlier events are in the company report.
Frequently asked questions
Genrx 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.
Genrx Pharmaceuticals is a company under liquidation, formerly operating as a private limited company based in Thane, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 24 December 2009 and is registered under CIN U33119MH2009PTC198122. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Genrx Pharmaceuticals has 5 current directors:
- Iype Kurian Varkey Vengal - Director
- Kushal Rameshchandra Patel - Director
- Mousam Rameshchandra Patel - Director
- Rameshchandra Shankar Patel - Director
- Rajesh Kumar Mittal - Irp/Rp/Liquidator
The latest financial statements of Genrx Pharmaceuticals on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Genrx Pharmaceuticals is U33119MH2009PTC198122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Genrx Pharmaceuticals has open charges of ₹31.33 Cr and no satisfied charges on record as per latest MCA filings.
Genrx Pharmaceuticals has 9 court cases on record: 9 filed against it. 4 are pending.
Genrx Pharmaceuticals was incorporated on 24 December 2009. It is registered with the Registrar of Companies, Mumbai.
Rajesh Kumar Mittal was appointed as Irp/Rp/Liquidator on 01 Jun 2023. Iype Kurian Varkey Vengal was appointed as Director on 12 Jul 2017. Iype Kurian Varkey Vengal ceased to be Director on 12 Jul 2017. Genrx Pharmaceuticals has 8 board changes on record in total.
The registered office of Genrx Pharmaceuticals is at Hill Palace L G 1 Opp. Raunak Tower B Kokani Pada Pokharan Road No. 2, Thane, Maharashtra, India – 400610.