
Lancer Pharmaceuticals Private Limited
About Lancer Pharmaceuticals Private Limited
Data last updated:
Lancer Pharmaceuticals Private Limited is a private limited company based in Chandigarh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 10 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24232CH1995PTC016185. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors Umesh Bhasin and Chetan Bhasin.
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at SCO 912 Second Floor Nac Manimajra, Chandigarh, India – 161001.
As per MCA filings, the company has open charges of ₹30.35 Cr and satisfied charges of ₹15.94 Cr on record. Court records list 27 cases involving the company, including 11 filed by the company and 16 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Lancer Pharmaceuticals Private Limited's registered office is in Chandigarh, Chandigarh.
- Registered AddressSCO 912 Second Floor Nac Manimajra, Chandigarh, India – 161001
- 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
Financials of Lancer Pharmaceuticals Private Limited
FY 2013 filings availableFinancial Statement Summary
| Metrics | FY 2012-13 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2012-13 |
|---|---|
| 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 Lancer Pharmaceuticals Private Limited, buy the company report.
Board of directors of Lancer Pharmaceuticals Private Limited
Lancer Pharmaceuticals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Bhasin | Director | 10 Apr 1995 | 31 Years 6 Months | Current |
| Chetan Bhasin | Director | 10 Apr 1995 | 31 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2012 | 10398212 | Central Bank of India | ₹55 Lakh | Open | |
| 29 Dec 2012 | 10398215 | Central Bank of India | ₹3 Cr | Open | |
| 16 May 2012 | 10357873 | Central Bank of India | ₹48 Lakh | Open | |
| 17 Feb 2012 | 10338918 | Director of Industries Himachal Pardesh | ₹30 Lakh | Open | |
| 07 Oct 2011 | 10313942 | India Factoring and Finance Solutions Private Limited | ₹5 Cr | Open |
To see the full charge records of Lancer Pharmaceuticals Private Limited, buy the company report.
Total charge records: 29 View all charges
Legal cases
Lancer Pharmaceuticals Private Limited has 27 court cases on record: 11 filed by Lancer Pharmaceuticals, 16 filed against it. 5 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 16 | 5 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Intas Pharmaceuticals Ltd. | Pending |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed against the company by Biotropics Pharma Pvt Ltd | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Crescent Therapeutics Ltd. | Disposed |
| District court, Solan, Himachal Pradesh | Cheque dishonour complaint | Filed against the company by Tapan Pharma Pet, A Unit of Goyal Automobiles | Pending |
| District court, Solan, Himachal Pradesh | Court case (Suit For Recovery) | Filed against the company by Tapan Pharma Pet, A Unit of Goyal Automobiles | Pending |
To see the full case history of Lancer 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 Lancer Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lancer Pharmaceuticals has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lancer Pharmaceuticals Private Limited, buy the company report.
Recent activity
Lancer Pharmaceuticals Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Chetan Bhasin was appointed as Director on 10 Apr 1995.
53 earlier events are in the company report.
Frequently asked questions
Lancer Pharmaceuticals is an active private limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 10 April 1995 (31+ years old) and is registered under CIN U24232CH1995PTC016185.
Lancer Pharmaceuticals has 2 current directors:
- Umesh Bhasin - Director
- Chetan Bhasin - Director
The latest financial statements of Lancer Pharmaceuticals on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
No. Lancer Pharmaceuticals has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Lancer Pharmaceuticals is U24232CH1995PTC016185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lancer Pharmaceuticals has 27 court cases on record: 11 filed by the company and 16 filed against it. 5 are pending.
Lancer Pharmaceuticals was incorporated on 10 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
Chetan Bhasin was appointed as Director on 10 Apr 1995. Umesh Bhasin was appointed as Director on 10 Apr 1995.
The registered office of Lancer Pharmaceuticals is at SCO 912 Second Floor Nac Manimajra, Chandigarh, India – 161001.
Lancer Pharmaceuticals operates in the pharma industry, in the drug formulation and development segment.