- Category
- Small (2023-24)
- Udyam number
- UDYAM-DD-01-0001109

About Gpax Pharmaceuticals Private Limited
Data last updated:
Gpax Pharmaceuticals Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2014PTC258452. Its GSTIN is 26AAFCC7964F1ZG (Daman & Diu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.69 Cr. It was formerly known as Celogen Generics Private Limited. It is led by directors including Anuj Somchand Bhagwanji Shah and Amit Rajan.
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 Off B – 106 Techno City Pl X – 4/1 X – 4/2 Ttc Area MIDC Mahape, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.67 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹5.68 Cr (net margin -30.4%) and EBITDA of -₹3.58 Cr (EBITDA margin -19.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
The company has about 184 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.38 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 3 cases are pending. The company has 6 deals on record (2 convertible or debt financings, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.5 Cr; the latest was in March 2017. Its 10 peer companies in the Pharma industry (Formulations, Pharmaceuticals) are compared by revenue, 5 larger and 5 smaller; the largest is Sunwin Healthcare Private Limited with revenue of ₹18.79 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 97 overdue payments to 7 micro and small suppliers.
Gpax Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DD-01-0001109). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website celogenpharma.com.
Recognitions & Rankings of Gpax Pharmaceuticals
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOff B – 106 Techno City Pl X – 4/1 X – 4/2 Ttc Area MIDC Mahape, Navi Mumbai, Maharashtra, India – 400701
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Financials of Gpax Pharmaceuticals Private Limited FY 2025 filings available
Gpax Pharmaceuticals Private Limited reported revenue of ₹18.67 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Gpax Pharmaceuticals Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 47% growth 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 of Gpax Pharmaceuticals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹3.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.68 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 of Gpax Pharmaceuticals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -30.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Gpax Pharmaceuticals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Gpax Pharmaceuticals Private Limited
Gpax Pharmaceuticals has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuj Somchand Bhagwanji Shah | Director | 19 Jan 2024 | 2 Years 9 Months | Current |
| Amit Rajan | Director | 02 Jan 2015 | 11 Years 9 Months | Current |
| Vikash Naresh Shah | Director | 19 Jan 2024 | 2 Years 9 Months | Current |
| Bharat Kakubhai Katariya Also directs: Arkianav Private Limited | Director | 19 Jan 2024 | 2 Years 9 Months | Current |
| Shailesh Kakulal Kataria | Director | 19 Jan 2024 | 2 Years 9 Months | Current |
| Rabi Narayan Nayak Also directs: Celogen Pharma Private Limited, Agam and Gem Laboratories Private Limited, Celogen Laboratories Private Limited and 2 more | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
Peer Comparison of Gpax Pharmaceuticals Private Limited
Gpax Pharmaceuticals Private 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunwin Healthcare Private Limited | ₹18.79 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Panchkula, Haryana, India |
| Indu Drugs Private Limited | ₹18.78 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Hyderabad, Telangana, India |
| Gulkas Pharma Pvt Ltd | ₹18.78 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Kalol, Gujarat, India |
| Anaesthetic Gases Pvt Ltd | ₹18.78 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Chandigarh, India |
| Teadus Pharma Private Limited | ₹18.7 Cr (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Gpax Pharmaceuticals Private Limited this company | ₹18.67 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Navi Mumbai, Maharashtra, India |
| Medilife Impex Private Limited | ₹18.66 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Hingna, Maharashtra, India |
| Aakash Pharma Private Limited | ₹18.62 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Madurai, Tamil Nadu, India |
| Sai Sarvaa Biotech Private Limited | ₹18.57 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Villupuram, Tamil Nadu, India |
| Cornel Pharmaceuticals Private Limited | ₹18.56 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Ahmedabad, Gujarat, India |
| One Drip Healthcare Private Limited | ₹18.55 Cr (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Gpax 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.
Auditor Details of Gpax Pharmaceuticals Private Limited
Gpax Pharmaceuticals Private Limited is audited by ANRK & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANRK & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Gpax Pharmaceuticals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gpax Pharmaceuticals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2023 | Others | ₹2.55 Cr | Open |
| 27 Jul 2018 | Others | ₹97.5 Lakh | Open |
| 18 Jul 2018 | Others | ₹2.5 Cr | Open |
| 26 Oct 2015 | Nkgsb Co.Op. Bank Ltd. | ₹85 Lakh | Open |
| 01 Aug 2015 | Others | ₹2.5 Cr | Open |
Total charge records: 6 View all charges
Deals & Funding of Gpax Pharmaceuticals Private Limited
Gpax Pharmaceuticals Private Limited has 6 deals on record (2 convertible or debt financings, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.5 Cr; the latest was in March 2017.
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Jun 2015 | Rights issue | ₹1.29 Cr | Investors: 4 individuals |
| Apr 2015 | Funding round | ₹1.25 Cr | Investors: an individual |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Gpax Pharmaceuticals Private Limited
Gpax Pharmaceuticals Private Limited has 9 court cases on record: 9 filed against it. 3 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 3 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (COMMS) | Filed against the company by Shriji Polymers (India) Limited | Pending |
| District court, Thane, Maharashtra | Arbitration matter | Filed against the company by Times Press People Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Shubham Pharmachem Private Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Gpax Pharmaceuticals Private Limited
Gpax Pharmaceuticals Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 97 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Icm Plastics Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Times Press People Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Gpax Pharmaceuticals Private Limited
Gpax Pharmaceuticals Private Limited has a workforce of 184 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gpax Pharmaceuticals Private Limited
Gpax Pharmaceuticals Private Limited has 14 board changes on record since 2014: 8 appointments and 6 cessations. The latest: Anuj Somchand Bhagwanji Shah was appointed as Director on 19 Jan 2024.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gpax Pharmaceuticals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gpax Pharmaceuticals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gpax Pharmaceuticals Private Limited
Gpax Pharmaceuticals has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAFCC7964F1ZG | Daman & Diu | Active | 01 Aug 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gpax Pharmaceuticals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gpax Pharmaceuticals Private Limited
Gpax Pharmaceuticals is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 September 2014 (12+ years old) and is registered under CIN U24233MH2014PTC258452.
Gpax Pharmaceuticals reported revenue of ₹18.67 Cr for FY 2025 (up 47% YoY).
Gpax Pharmaceuticals has 8 current directors:
- Anuj Somchand Bhagwanji Shah - Director
- Amit Rajan - Director
- Vikash Naresh Shah - Director
- Bharat Kakubhai Katariya - Director
- Shailesh Kakulal Kataria - Director
- Rabi Narayan Nayak - Director
- Thykoottathil Rajan Matthews - Director
- Vijaykumar Vazakttuvaliya Raghavan Nair - Director
Gpax Pharmaceuticals reported a net loss of ₹5.68 Cr (net margin -30.4%) and EBITDA of -₹3.58 Cr (EBITDA margin -19.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gpax Pharmaceuticals is 10% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gpax Pharmaceuticals is 26AAFCC7964F1ZG, registered in Daman & Diu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Gpax Pharmaceuticals is U24233MH2014PTC258452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gpax Pharmaceuticals has 9 court cases on record: 9 filed against it. 3 are pending.
Gpax Pharmaceuticals was incorporated on 30 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Gpax Pharmaceuticals has 6 deals on record (2 convertible or debt financings, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.5 Cr; the latest was in March 2017.
The peers of Gpax Pharmaceuticals by revenue are Sunwin Healthcare Private Limited, Indu Drugs Private Limited, Gulkas Pharma Pvt Ltd, Anaesthetic Gases Pvt Ltd, Teadus Pharma Private Limited and 5 more, all in the Pharma industry (Formulations, Pharmaceuticals).
Anuj Somchand Bhagwanji Shah was appointed as Director on 19 Jan 2024. Bharat Kakubhai Katariya was appointed as Director on 19 Jan 2024. Shailesh Kakulal Kataria was appointed as Director on 19 Jan 2024. Gpax Pharmaceuticals has 14 board changes on record in total.