About Innovwell Pharmaceuticals Private Limited
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Innovwell Pharmaceuticals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 25 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC299049. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Sanchit Jalan and Jenish Manoj Vora.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.11 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹2.04 Lakh (net margin -184.6%) and EBITDA of -₹2.62 Lakh (EBITDA margin -236.5%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovwellpharmaceuticals.com.
Company details
Contact details
Innovwell Pharmaceuticals Private Limited's registered office is in Mumbai, Maharashtra. Its website is innovwellpharmaceuticals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 317 Gala Industrial Estate Gala Complex D.D.U Dumping Road Mulund, West, Mumbai, Maharashtra, India – 400080
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Innovwell 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
Business activity
The main business activity of Innovwell Pharmaceuticals 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 Innovwell Pharmaceuticals Private Limited, buy the company report.
Financials of Innovwell Pharmaceuticals Private Limited
FY 2023 filings availableInnovwell Pharmaceuticals Private Limited reported revenue of ₹1.11 Lakh (down 96% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 96% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.11 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.62 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.04 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -236.5% | |||
| Net Profit Margin | -184.6% | |||
| 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 Innovwell Pharmaceuticals Private Limited, buy the company report.
Board of directors of Innovwell Pharmaceuticals Private Limited
Innovwell Pharmaceuticals has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanchit Jalan Also directs: Fabex Fabrics Private Limited, SJVJ Fabrics Private Limited, Acro Fashion Private Limited and 1 more | Director | 22 Jul 2019 | 7 Years 3 Months | Current |
| Jenish Manoj Vora | Director | 25 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Innovwell Pharmaceuticals Private Limited is audited by P R N A M AND ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R N A M AND ASSOCIATES LLP | FY 2019 | 108701W |
Shareholding
The shareholding of Innovwell Pharmaceuticals Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Innovwell Pharmaceuticals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovwell Pharmaceuticals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovwell Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovwell Pharmaceuticals 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 Innovwell Pharmaceuticals Private Limited, buy the company report.
Recent activity
Innovwell Pharmaceuticals Private Limited has 9 board changes on record since 2017: 2 appointments and 7 cessations. The latest: Sanchit Jalan ceased to be Additional Director on 21 Sep 2021.
Frequently asked questions
Innovwell Pharmaceuticals is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 25 August 2017 (9+ years old) and is registered under CIN U74999MH2017PTC299049.
Innovwell Pharmaceuticals has 2 current directors:
- Sanchit Jalan - Director
- Jenish Manoj Vora - Director
The latest financial statements of Innovwell Pharmaceuticals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
No. Innovwell Pharmaceuticals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Innovwell Pharmaceuticals is U74999MH2017PTC299049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovwell Pharmaceuticals was incorporated on 25 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanchit Jalan ceased to be Additional Director on 21 Sep 2021. Jitendra Harishchandra Tiwari ceased to be Director on 25 Jan 2020. Manojkumar Javaharlal Vishwakarma ceased to be Director on 25 Jan 2020. Innovwell Pharmaceuticals has 9 board changes on record in total.
Innovwell Pharmaceuticals can be reached through the website innovwellpharmaceuticals.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Innovwell Pharmaceuticals is at Office No 317 Gala Industrial Estate Gala Complex D.D.U Dumping Road Mulund, West, Mumbai, Maharashtra, India – 400080.
Innovwell Pharmaceuticals operates in the pharma industry, in the drug formulation and development segment.
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