Maan Pharmaceuticals Ltd - Company Profile

Q: Who are the current directors of Maan Pharmaceuticals Ltd?

The current directors of Maan Pharmaceuticals Ltd are Hemendra Atmaram Patel, Nilesh Narendrakumar Ranka, Anil Hari Bhambhani, Vishnu Motibhai Desai, Lalbhai Maljibhai Desai.

It is a pharma public limited company based in Ahmedabad, Gujarat, India, established in 1988.

1988 Ahmedabad, Gujarat, India Active

Last Updated: January 05, 2026

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About Maan Pharmaceuticals Ltd

Maan Pharmaceuticals Ltd, a active public limited company, was established on 13 May 1988 in Ahmedabad, Gujarat, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: U24231GJ1988PLC010699. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹7.50 Cr and a paid-up capital of ₹7.14 Cr.

Formerly known as Maan Pharmaceuticals P Ltd. It upholds a compliant status. Employing 27 professional, Its leadership includes Hemendra Atmaram Patel (Director), Nilesh Narendrakumar Ranka (Director), Anil Hari Bhambhani (Director). Past directors included Hemendra Atmaram Patel, Pushpak Naresh Ranka, Janak Uttam Jain. It holds ₹49.88 Cr open charges and ₹83.61 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 506 Samedh Near Associated Petrol Pump,C.G.Road,Ell, Isbridge, Ahmedabad, Gujarat, 380006.

Company Details

CIN/LLPIN
U24231GJ1988PLC010699
Registration Number
010699
Incorporation Date
13 May 1988
Authorized Capital
₹7.50 Cr
Paid-Up Capital
₹7.14 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 7.50 Cr as on 05-01-2026
Paid Up Capital ₹ 7.14 Cr as on 05-01-2026
Company Age 37 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 49.88 Cr as on 05-01-2026
Satisfied Charges ₹ 83.61 Cr as on 05-01-2026
Revenue Growth **** 31.01% (FY 2024)
Profit Growth **** 79.70% (FY 2024)
Ebitda **** 53.86% (FY 2024)
Net Worth 41.95% (FY 2024)
Total Assets -0.28% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Maan Pharmaceuticals Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maan Pharmaceuticals Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Hemendra Atmaram Patel	Director	01 Apr 2011	Current
Nilesh Narendrakumar Ranka	Director	10 Jul 2013	Current
Anil Hari Bhambhani	Director	30 Sep 2024	Current
Vishnu Motibhai Desai	Director	30 Oct 2024	Current
Lalbhai Maljibhai Desai	Director	01 May 2013	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2011	Past
Pramod Abcsdd	Director	30 Apr 2017	Past
Pramod Abcsdd	Director	10 Aug 2018	Past
Pramod Abcsdd	Additional Director	15 Nov 2014	Past
Pramod Abcsdd	Additional Director	30 Sep 2013	Past
Pramod Abcsdd	Director	10 Aug 2011	Past

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Financial Performance of Maan Pharmaceuticals.

Maan Pharmaceuticals Ltd, for the financial year ended 2024, experienced significant growth in revenue, with a 31.01% increase. The company also saw a substantial improvement in profitability, with a 79.7% increase in profit. The company's net worth Soared by an impressive increase of 41.95%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

31.01%

*******

Revenue from Operations

*******

30.25%

*******

Total Assets

*******

-0.28%

*******

Profit or Loss

*******

79.70%

*******

Net Worth

*******

41.95%

*******

EBITDA

*******

53.86%

*******

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What is the Ownership and Shareholding Structure of Maan Pharmaceuticals?

In 2024, Maan Pharmaceuticals had a promoter holding of 69.22% and a public holding of 30.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹498,800,000.00

Satisfied Charges

₹836,100,000.00

Charges Breakdown by Lending Institutions

Yes Bank Limited : 49.88 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Jul 2025	Yes Bank Limited	₹49.88 Cr	Open
07 Aug 2020	Others	₹2.40 Cr	Satisfied
16 Oct 2017	Others	₹17.00 Cr	Satisfied
10 Mar 2016	Others	₹3.00 Cr	Satisfied
26 Mar 2013	The Mehsana Urban Co-Operative Bank Limited	₹4.00 Cr	Satisfied

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How Many Employees Work at Maan Pharmaceuticals?

Maan Pharmaceuticals has a workforce of 27 employees as of Feb 26, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Maan Pharmaceuticals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maan Pharmaceuticals's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Maan Pharmaceuticals

Recent Activity within the Organization

Charges

The activity A charge with Yes Bank Limited of Rs. 49.88 Cr registered on 05 Jul 2025 with Charge ID 101126629 was modified on 06 Dec 2025. was completed.
06 Dec 2025
Charges

The activity A charge registered on 07 Aug 2020 via Charge ID 100359880 with Others was fully satisfied on 03 Oct 2025. was completed.
03 Oct 2025
Charges

Progress on A charge registered on 10 Mar 2016 via Charge ID 100020832 with Others was fully satisfied on 03 Oct 2025. was documented.
03 Oct 2025
Charges

The activity A charge registered on 26 Mar 2013 via Charge ID 10589626 with The Mehsana Urban Co-Operative Bank Limited was fully satisfied on 03 Oct 2025. was completed.
03 Oct 2025
Charges

The activity A charge registered on 24 Aug 2011 via Charge ID 10598696 with Others was fully satisfied on 03 Oct 2025. was completed.
03 Oct 2025
Charges

Progress on A charge registered on 23 Aug 2011 via Charge ID 10589627 with The Mehsana Urban Co-Operative Bank Limited was fully satisfied on 03 Oct 2025. was documented.
03 Oct 2025

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