About Kashmik Formulation Private Limited
Data last updated: 06 January 2026
Kashmik Formulation Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 11 January 2017, the company has been in operation for over 9 years.
Registered with ROC Ahmedabad under CIN U24239GJ2017PTC095077.
Capital: an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.78 Cr. Formerly known as Nectarlife Care Private Limited. It is led by directors Mahadevbhai Naranbhai Patel and Nileshkumar Mahadevbhai Patel.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 403 Shilp Aperia Nr Landmark Hotel Iscon Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380052.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.93 Cr, a growth of 96% compared to the previous year.
The company has a workforce of approximately 22 employees as per the latest available data.
The company is associated with 1 brand - Kashmik. As per MCA filings, the company has open charges of ₹26.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kashmikformulation.com.
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Registered Address403 Shilp Aperia Nr Landmark Hotel Iscon Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380052
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IndustryPharma, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Kashmik Formulation Private Limited
Kashmik Formulation Private Limited operates one associated brand: Kashmik. These brands represent Kashmik Formulation Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Kashmik is a pharmaceutical contract manufacturer specializing in production services for the industry. | kashmikformulation.com |
Competitors & Alternatives of Kashmik Formulation Private Limited
Brands and companies operating in the same space as Kashmik Formulation Private Limited include WuXi AppTec, ANI Pharmaceuticals, Aptar and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
WuXi AppTec
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Provider of CRO and CDMO services | Shanghai, China, China | 2000 |
ANI Pharmaceuticals
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Branded and generic prescription drugs are developed, manufactured, and marketed. | Baudette, United States, United States | 1996 |
Aptar
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Regulatory support, brand differentiation, and prototyping services are provided. | Crystal Lake, United States, United States | 1992 |
CHEPLAPHARM
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Branded pharmaceutical products are developed, marketed, and distributed globally. | Mesekenhagen, Germany, Germany | 1998 |
Red Nucleus
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Advisory, scientific, and medical communications provided for pharmaceutical industry. | Yardley, United States, United States | 2014 |
Ipsen
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Biopharmaceutical company focused on developing and commercializing innovative treatments in oncology, rare disease, and neuroscience to improve patient health outcomes | - | 1929 |
Eurofins Scientific
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Laboratory testing and contract research services are provided globally. | Luxembourg, Luxembourg, Luxembourg | 1987 |
China Medical System
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Generic formulations including tablets, capsules, liquids, and injectables are manufactured. | Shenzhen, China, China | 1992 |
Aliada Therapeutics
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Provider of drug research & development services for multiple therapeutic areas | Boston, United States, United States | 2021 |
Business Activity of Kashmik Formulation Private Limited
Kashmik Formulation Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Kashmik Formulation Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Kashmik Formulation Private Limited
Kashmik Formulation Private Limited is audited by N Panchal And Associates for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N Panchal And Associates | Locked | Locked | Locked |
Complete auditor history for Kashmik Formulation Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Kashmik Formulation Private Limited
Kashmik Formulation Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Mahadevbhai Naranbhai Patel
Also directs:
Nectar Infrabuild Private Limited, Dhvija Investment Private Limited, Neerjani Fintech Private Limited and 1 more
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Director | 11 Jan 2017 | 9 Years 6 Months | Current |
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Nileshkumar Mahadevbhai Patel
Also directs:
Nec Foods And Beverages Private Limited, Nect Life Pharma Private Limited, Nectar Infrabuild Private Limited and 5 more
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Director | 11 Jan 2017 | 9 Years 6 Months | Current |
Financials of Kashmik Formulation Private Limited FY 2024 filings available
Kashmik Formulation Private Limited reported revenue of ₹40.93 Cr (up 96.00% YoY) for FY 2025.
Ten-year financial statements for Kashmik Formulation Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Kashmik Formulation Private Limited
Shareholding and ownership data for Kashmik Formulation Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Kashmik Formulation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2023 | State Bank of India | ₹8.4 Cr | Open |
| 16 Jun 2022 | State Bank of India | ₹20 Lakh | Open |
| 26 Feb 2021 | State Bank of India | ₹18.1 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Kashmik Formulation Private Limited
Kashmik Formulation Private Limited has a workforce of 22 employees as of Feb 24, 2025.
Employee and EPFO history for Kashmik Formulation Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Kashmik Formulation Private Limited
GST registrations and filing compliance for Kashmik Formulation Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Kashmik Formulation Private Limited
Credit ratings, litigation, and regulatory alerts for Kashmik Formulation Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Kashmik Formulation Private Limited
MSME payment history for Kashmik Formulation Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Kashmik Formulation Private Limited
Corporate group structure for Kashmik Formulation Private Limited
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- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Kashmik Formulation Private Limited
MCA filings and documents for Kashmik Formulation Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Kashmik Formulation Private Limited
Frequently Asked Questions about Kashmik Formulation Private Limited
Kashmik Formulation Private Limited is an active private limited company in the pharma sector based in Ahmedabad, Gujarat, India. It was incorporated on 11 January 2017 (9+ years old) and is registered under CIN U24239GJ2017PTC095077. The company has 22 employees.
Kashmik Formulation Private Limited reported revenue of ₹40.93 Cr for FY 2025 (up 96.00% YoY).
The current directors of Kashmik Formulation Private Limited are:
- Mahadevbhai Naranbhai Patel - Director
- Nileshkumar Mahadevbhai Patel - Director
The primary industry of Kashmik Formulation Private Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Yes, Kashmik Formulation Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Kashmik Formulation Private Limited can be reached at the registered office: 403 Shilp Aperia Nr Landmark Hotel Iscon Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380052, or through the website kashmikformulation.com.