Mahavir Advanced Remedies Limited - Company Profile

It is a pharma public limited company based in Chennai, Tamil Nadu, India, established in 1992.
1992 Chennai, Tamil Nadu, India Active
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About Mahavir Advanced Remedies Limited

Mahavir Advanced Remedies Limited, a active public limited company, was established on 29 April 1992 in Chennai, Tamil Nadu, India. Engaging in pharmaceutical retailers & distributors within the pharma sector, it holds CIN: L24231TN1992PLC022562. Registered under ROC Roc Chennai. it is listed. It has an authorized capital of ₹15.50 Cr and a paid-up capital of ₹11.36 Cr.

Formerly known as Indo-American Advanced Pharmaceuticals Limited. It upholds a active non-compliant status. Its leadership includes Mani Murugadas Rao (Director), Shantilal Ramnarayan Purohit (Director), Sanjay Kumar (Additional Director). Past directors included Anitha Mahesh, Mani Murugadas Rao, Venkatasatyananda Koteswara Rao Boggarapu. It holds ₹9.00 M open charges and no settled loans. Its latest AGM occurred on 30 September 2014, with the balance sheet filed on 31 March 2014. It is based at No 67/2, Iii Street Second Floor, Railway Colony, Nm Road, Chennai, Tamil Nadu, 600029.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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Company Details

  • CIN/LLPIN

    L24231TN1992PLC022562

  • Registration Number

    022562

  • Incorporation Date

    29 April 1992

  • Authorized Capital

    ₹15.50 Cr

  • Paid-Up Capital

    ₹11.36 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Listed

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.50 Cr
  • Paid Up Capital ₹ 11.36 Cr
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2014
  • Open Charges ₹ 9.00 M
Company report

Mahavir Advanced Remedies Limited

Company Report FY 2025-2026

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Explore comprehensive insights into Mahavir Advanced Remedies Limited — 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 Mahavir Advanced Remedies Limited?
Current Directors
Name Designation Appointment Date Status
Mani Murugadas Rao Director 02 Mar 2012 Current
Shantilal Ramnarayan Purohit Director 22 May 2013 Current
Sanjay Kumar Additional Director 14 Jan 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 14 Nov 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Managing Director 14 Aug 2015 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Additional Director 22 May 2013 Past
Pramod Abcsdd Director 28 Sep 2011 Past

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Financial Performance of Mahavir Advanced Remedies.

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Mahavir Advanced Remedies revenue growth over time
Mahavir Advanced Remedies profit and loss trends over time
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
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Mahavir Advanced Remedies?

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Shareholding Pattern (FY 2024)
shareholding
  • 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

₹9,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • A. P. State Financial Corporation : 0.90 Cr
Latest Charge Details
Date Lender Amount Status
06 Nov 1997 A. P. State Financial Corporation ₹9.00 M Open

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How Many Employees Work at Mahavir Advanced Remedies?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Mahavir Advanced Remedies
Recent Activity within the Organization
  • Director Appointment

    Sanjay Kumar was appointed as a Additional Director was appointed as a Additional Director on 14 Jan 2015 & has been associated with this company since 11 years 1 month . was recorded as a recent event.

  • Annual General Meeting

    The activity Mahavir Advanced Remedies Limited last Annual general meeting of members was held on 30 Sep 2014 as per latest MCA records. was completed.

  • Balance Sheet

    Mahavir Advanced Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2014 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    Shantilal Ramnarayan Purohit was appointed as a Director was appointed as a Director on 22 May 2013 & has been associated with this company since 12 years 9 months . was recorded as a recent event.

  • Director Appointment

    Mani Murugadas Rao was appointed as a Director was appointed as a Director on 02 Mar 2012 & has been associated with this company since 13 years 11 months . was recorded as a recent event.

  • Charges

    Progress on A charge with A. P. State Financial Corporation amounted to Rs. 0.90 Cr with Charge ID 90300758 was registered on 06 Nov 1997. was documented.

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Frequently Asked Questions
What is the CIN of Mahavir Advanced Remedies Limited?

The CIN of Mahavir Advanced Remedies Limited is L24231TN1992PLC022562.

Where is Mahavir Advanced Remedies Limited headquartered?

Mahavir Advanced Remedies Limited is headquartered at No 67/2, Iii Street Second Floor, Railway Colony, Nm Road, Chennai, Tamil Nadu, 600029.

When was Mahavir Advanced Remedies Limited incorporated?

Mahavir Advanced Remedies Limited was incorporated on 29 April 1992.

Who are the current directors of Mahavir Advanced Remedies Limited?

The current directors of Mahavir Advanced Remedies Limited are

What is the primary industry of Mahavir Advanced Remedies Limited?

The primary industry of Mahavir Advanced Remedies Limited is Pharma.

Is Mahavir Advanced Remedies Limited a listed company?

Mahavir Advanced Remedies Limited is listed.

What is the capital structure of Mahavir Advanced Remedies Limited?

The authorized capital of Mahavir Advanced Remedies Limited is ₹15.50 Cr, and the paid-up capital is ₹11.36 Cr.

What is the compliance status of Mahavir Advanced Remedies Limited?

The compliance status of Mahavir Advanced Remedies Limited is Active Non-Compliant.

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