About Mapaex Remedies LLP
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Mapaex Remedies LLP is a limited liability partnership (LLP) based in Wadhwan, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 08 March 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAO-4890. Its GSTIN is 02ABLFM0382R1ZV (Himachal Pradesh). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹40 Lakh. It is led by designated partners Parul Rajendra Patel and Chhaya Mayur Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Tapovan Near Patel Boarding 60 Feet Road, Wadhwan, Gujarat, India – 363030.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹1.2 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹45.25 Lakh (net margin -37.8%) and EBITDA of -₹1.2 Cr (EBITDA margin -100.5%).
The LLP has about 4 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Mapaex. As per MCA filings, the LLP has open charges of ₹3.5 Cr on record.
For more details, the LLP can be reached via its website mapaex.com.
Company details
Contact details
Mapaex Remedies LLP's registered office is in Wadhwan, Gujarat. Its website is mapaex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTapovan Near Patel Boarding 60 Feet Road, Wadhwan, Gujarat, India – 363030
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Mapaex Remedies LLP, 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
Brands
Mapaex Remedies operates one associated brand: Mapaex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers CDMO, white labels, and distribution for health products and services. | mapaex.com |
Financials of Mapaex Remedies LLP
FY 2025 filings availableMapaex Remedies LLP reported revenue of ₹1.2 Cr (down 91% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | |||
| Other Income | |||
| Total Income | ₹1.2 Cr | ||
| Purchases and Direct Costs | |||
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| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | -₹45.25 Lakh | ||
| Profit Transferred to Partners | |||
| Assets and Liabilities | |||
| Partners' Contribution | |||
| Reserves and Surplus | |||
| Secured Loans | |||
| Unsecured Loans | |||
| Trade Payables | |||
| Other Liabilities and Provisions | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Loans and Advances | |||
| Inventories | |||
| Trade Receivables | |||
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| Total Assets | |||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | -37.8% | ||
| Return on Partners' Funds | |||
| Return on Assets | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Debt to Partners' Funds | |||
| Interest Coverage | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Turnover Growth | |||
| Profit Growth | |||
To see the full financial statements and ratios of Mapaex Remedies LLP, buy the company report.
Designated partners of Mapaex Remedies LLP
Mapaex Remedies has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parul Rajendra Patel | Designated Partner | 08 Mar 2019 | 7 Years 7 Months | Current |
| Chhaya Mayur Patel Also directs: Makson Nuvo LLP, MPG Healthcare Private Limited | Designated Partner | 08 Mar 2019 | 7 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2023 | 100789153 | Kotak Mahindra Bank Limited | ₹3.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mapaex Remedies LLP 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 Mapaex Remedies LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mapaex Remedies LLP has a workforce of 4 employees on its EPFO records as of May 17, 2024, across 1 active EPFO establishment.
GST
Mapaex Remedies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02ABLFM0382R1ZV | Himachal Pradesh | Active | 23 Mar 2019 |
| 23ABLFM0382R1ZR | Madhya Pradesh | Active | 23 Mar 2019 |
To see the full GST registrations and return filing status of Mapaex Remedies LLP, buy the company report.
Recent activity
Mapaex Remedies LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Chhaya Mayur Patel was appointed as Designated Partner on 08 Mar 2019.
Frequently asked questions
Mapaex Remedies is an active limited liability partnership based in Wadhwan, Gujarat, India. The LLP works in drug formulation and development, within the pharma industry. It was incorporated on 08 March 2019 (7+ years old) and is registered under LLPIN AAO-4890.
Mapaex Remedies has 2 current designated partners:
- Parul Rajendra Patel - Designated Partner
- Chhaya Mayur Patel - Designated Partner
The latest financial statements of Mapaex Remedies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Mapaex Remedies is 02ABLFM0382R1ZV, registered in Himachal Pradesh. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23ABLFM0382R1ZR (Madhya Pradesh).
The LLPIN (Limited Liability Partnership Identification Number) of Mapaex Remedies is AAO-4890. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Mapaex Remedies was incorporated on 08 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chhaya Mayur Patel was appointed as Designated Partner on 08 Mar 2019. Parul Rajendra Patel was appointed as Designated Partner on 08 Mar 2019.
Mapaex Remedies can be reached through the website mapaex.com. Its registered office is in Wadhwan, Gujarat, India.
The registered office of Mapaex Remedies is at Tapovan Near Patel Boarding 60 Feet Road, Wadhwan, Gujarat, India – 363030.
Mapaex Remedies operates in the pharma industry, in the drug formulation and development segment.