MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0065438
Merganzer Pharma Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹4.31 Cr
▲ 89% YoY
Net loss · FY 2022
₹1.48 Cr
Net margin -34.3%
EBITDA · FY 2022
-₹90.42 Lakh
EBITDA margin -21%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Merganzer Pharma Private Limited
Data last updated:
Merganzer Pharma Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 08 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PTC106991. Its GSTIN is 24AAMCM5081G1ZD (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kaushal Shah and Kanan Kaushalbhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 1 Fountain Complex Near Mithakali Six Road Navrangpura., Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.31 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net loss of ₹1.48 Cr (net margin -34.3%) and EBITDA of -₹90.42 Lakh (EBITDA margin -21%).
Merganzer Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0065438). For more details, the company can be reached via its website merganzer.in.
Company details
CIN U74999GJ2019PTC106991
Registration Number 106991
Incorporation Date 08 March 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0065438
Recognitions & Rankings of Merganzer Pharma
Contact details
Merganzer Pharma Private Limited's registered office is in Ahmedabad, Gujarat. Its website is merganzer.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 1 Fountain Complex Near Mithakali Six Road Navrangpura., Ahmedabad, Gujarat, India – 380009
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Merganzer Pharma Private Limited, buy the company report.
Comprehensive company report
Merganzer Pharma Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Merganzer Pharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Merganzer Pharma Private Limited, buy the company report.
Financials of Merganzer Pharma Private Limited
FY 2025 filings availableMerganzer Pharma Private Limited reported revenue of ₹4.31 Cr (up 89% YoY) for FY 2022.
Revenue · FY 2022
₹4.31 Cr ▲ 89%
Net loss · FY 2022
₹1.48 Cr margin -34.3%
EBITDA · FY 2022
-₹90.42 Lakh margin -21%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 89%
Revenue rose 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹4.31 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹90.42 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.48 Cr | |||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -21% | |||
| Net Profit Margin | -34.3% | |||
| 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 Merganzer Pharma Private Limited, buy the company report.
Board of directors of Merganzer Pharma Private Limited
Merganzer Pharma has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushal Shah | Director | 08 Mar 2019 | 7 Years 8 Months | Current |
| Kanan Kaushalbhai Shah | Director | 08 Mar 2019 | 7 Years 8 Months | Current |
| Sanjay Shah Also directs: Hannah Enterprise Private Limited, SHK Corporation Private Limited | Director | 30 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Merganzer Pharma Private Limited is audited by VIKAS MOONDRA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIKAS MOONDRA & CO | FY 2021 | 122752W |
Shareholding
The shareholding of Merganzer Pharma Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Merganzer Pharma Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Merganzer Pharma Private Limited 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 Merganzer Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Merganzer Pharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCM5081G1ZD | Gujarat | Active | 14 Apr 2019 |
To see the full GST registrations and return filing status of Merganzer Pharma Private Limited, buy the company report.
Recent activity
Merganzer Pharma Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Gautam Barun Mukherjee ceased to be Managing Director on 05 Oct 2023.
AGM
Merganzer Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Merganzer Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Gautam Barun Mukherjee ceased to be Managing Director.
Appointed
Sanjay Shah was appointed as Director.
Appointed
Kanan Kaushalbhai Shah was appointed as Director.
Appointed
Kaushal Shah was appointed as Director.
Incorporation
08 Mar 2019
Merganzer Pharma Private Limited was registered on 08 Mar 2019 with Roc Ahmedabad & aged 7 years 8 months as per MCA records.
Frequently asked questions
Merganzer Pharma is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 08 March 2019 (7+ years old) and is registered under CIN U74999GJ2019PTC106991.
Merganzer Pharma has 3 current directors:
- Kaushal Shah - Director
- Kanan Kaushalbhai Shah - Director
- Sanjay Shah - Director
The latest financial statements of Merganzer Pharma on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Merganzer Pharma is 24AAMCM5081G1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Merganzer Pharma is U74999GJ2019PTC106991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merganzer Pharma was incorporated on 08 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gautam Barun Mukherjee ceased to be Managing Director on 05 Oct 2023. Sanjay Shah was appointed as Director on 30 Sep 2023. Kanan Kaushalbhai Shah was appointed as Director on 08 Mar 2019. Merganzer Pharma has 4 board changes on record in total.
Yes, Merganzer Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0065438).
Merganzer Pharma can be reached through the website merganzer.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Merganzer Pharma is at B – 1 Fountain Complex Near Mithakali Six Road Navrangpura., Ahmedabad, Gujarat, India – 380009.
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