About Giocon Pharma Limited
Data last updated:
Giocon Pharma Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 06 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24232AP1996PLC023127. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.32 Cr. It was formerly known as Ion Pharmaceuticals Limited. It is led by directors including Dattatreya Sarma Aradyula and Ramprasadreddy Vennapusa.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at D.No.8 – 415/2 Pedagdil Near Sai Baba Temple, Visakhapatnam, Andhra Pradesh, India – 530040.
As per the financials filed for FY 2019, the company reported a revenue of ₹13.62 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹32.6 Lakh (net margin -239.4%) and EBITDA of -₹24.55 Lakh (EBITDA margin -180.3%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shodasigroup.com.
Company details
CIN history
Giocon Pharma has one previous CIN (Corporate Identification Number): L24232AP1996PLC023127. The current CIN is U24232AP1996PLC023127, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24232AP1996PLC023127 | Current |
| L24232AP1996PLC023127 | Previous |
Contact details
Giocon Pharma Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is shodasigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD.No.8 – 415/2 Pedagdil Near Sai Baba Temple, Visakhapatnam, Andhra Pradesh, India – 530040
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Giocon Pharma 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
Financials of Giocon Pharma Limited
FY 2023 filings availableGiocon Pharma Limited reported revenue of ₹13.62 Lakh (down 96% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 96% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹13.62 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹24.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.6 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -180.3% | ||||
| Net Profit Margin | -239.4% | ||||
| 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 Giocon Pharma Limited, buy the company report.
Board of directors of Giocon Pharma Limited
Giocon Pharma has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramprasadreddy Vennapusa | Additional Director | 24 Dec 2019 | 6 Years 10 Months | Current |
| Dattatreya Sarma Aradyula | Director | 31 Jul 2020 | 6 Years 3 Months | Current |
| Sankeerth Ram Tallapragada | Additional Director | 24 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Giocon Pharma Limited is audited by RAO & RAO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO & RAO | FY 2019 | 003100S |
Shareholding
The shareholding of Giocon Pharma Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Giocon Pharma Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2015 | 10552833 | City Union Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Giocon Pharma Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Giocon Pharma 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 Giocon Pharma Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Giocon Pharma has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Giocon Pharma Limited, buy the company report.
Recent activity
Giocon Pharma Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Akhtar Uzzaman ceased to be Director on 31 Jul 2020.
7 earlier events are in the company report.
Frequently asked questions
Giocon Pharma is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 06 February 1996 (30+ years old) and is registered under CIN U24232AP1996PLC023127.
Giocon Pharma has 3 current directors:
- Ramprasadreddy Vennapusa - Additional Director
- Dattatreya Sarma Aradyula - Director
- Sankeerth Ram Tallapragada - Additional Director
The latest financial statements of Giocon Pharma on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
No. Giocon Pharma has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Giocon Pharma is U24232AP1996PLC023127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giocon Pharma has 1 court case on record: 1 filed against it.
Giocon Pharma was incorporated on 06 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Vijayawada.
Akhtar Uzzaman ceased to be Director on 31 Jul 2020. Dattatreya Sarma Aradyula was appointed as Director on 31 Jul 2020. Seetaramaiah Mangalapalli ceased to be Director on 29 Jan 2020. Giocon Pharma has 15 board changes on record in total.
Giocon Pharma can be reached through the website shodasigroup.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Giocon Pharma is at D.No.8 – 4152 Pedagdil Near Sai Baba Temple, Visakhapatnam, Andhra Pradesh, India – 530040.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
