About Elder Health Care Limited
Data last updated:
Elder Health Care Limited is a public limited company based in Raigad, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 21 March 1988.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24230MH1988PLC046613. The company has 8 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Anuj Jagdish Saxena (Managing Director) and Alok Jagdish Saxena.
Its last annual general meeting (AGM) was held on 30 December 2013, and its latest financial statements are for the year ended 30 June 2013. The registered office is at A/38/3 Patalganga Indl Areakhaire India, Raigad, Maharashtra, India – 410220.
The company is associated with 2 brands: Elder Health Care and Elder Pharamaceuticals. As per MCA filings, the company has open charges of ₹69.6 Cr and satisfied charges of ₹80.07 Cr on record. Court records list 138 cases involving the company, including 31 filed by the company and 107 filed against it; 22 cases are pending. The company has 27 deals on record (27 market trades); the latest was in July 2016.
The last known website on record is elderindia.com.
Company details
Contact details
Elder Health Care Limited's registered office is in Raigad, Maharashtra.
- Registered AddressA/38/3 Patalganga Indl Areakhaire India, Raigad, Maharashtra, India – 410220
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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
Elder Health Care operates two associated brands: Elder Health Care and Elder Pharamaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | elderhealthcare.in | |
| Generic formulations are manufactured and marketed by Elder Pharmaceuticals. | elderindia.com |
Financials of Elder Health Care Limited
FY 2013 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Elder Health Care Limited, buy the company report.
Board of directors of Elder Health Care Limited
Elder Health Care has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuj Jagdish Saxena Also directs: Redle Pharmaceuticals Private Limited, Elder Bioleafage Healthcare Private Limited, Ewf Pharmaceuticals Private Limited and 5 more | Managing Director | 16 Jul 2004 | 22 Years 3 Months | As last reported |
| Alok Jagdish Saxena | Director | 28 Oct 1992 | 34 Years 0 Months | As last reported |
| Babita Bhatia | Additional Director | 24 Jul 2015 | 11 Years 3 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2011 | 10302117 | Phoenix Arc Private Limited | ₹44 Cr | Open | |
| 27 Jul 2011 | 10302156 | Phoenix Arc Private Limited | ₹25.3 Cr | Open | |
| 19 Jan 2011 | 10264931 | Director of Industries | ₹30 Lakh | Open | |
| 16 Jan 2009 | 10145071 | The Lakshmivilas Bank Limited | ₹10 Cr | Satisfied | |
| 24 Dec 2007 | 10094481 | Bank of Maharashtra | ₹10 Cr | Satisfied |
To see the full charge records of Elder Health Care Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Elder Health Care Limited has 27 deals on record (27 market trades); the latest was in July 2016.
Deals on record (5 of 27)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Market trade | ₹4.3 Lakh | Buyer: an individual Seller: Ghalla Bhansali Stock Brokers Private Limited |
| Jan 2016 | Market trade | ₹10.7 Lakh | Buyer: Monet Securities Pvt. Ltd. Seller: M. Prasad and Co Limited |
| Sep 2015 | Market trade | ₹13.5 Lakh | Buyer: M. Prasad and Co Limited Seller: Indi Stock P Ltd |
| Aug 2014 | Market trade | ₹21.4 Lakh | Buyer: Ghalla Bhansali Stock Brokers Private Limited Seller: M. Prasad and Co Limited |
| Jun 2014 | Market trade | ₹23.8 Lakh | Buyer: an individual Seller: M. Prasad and Co Limited |
To see the full deal history of Elder Health Care Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elder Health Care Limited has 138 court cases on record: 31 filed by Elder Health Care, 107 filed against it. 22 cases are pending and 116 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 72 | 46 | 11 |
| District courts | 65 | 61 | 11 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 138)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Mak Polyplast Private Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Mak Polyplast Private Ltd. | Pending |
| Bombay High Court | Court case (APP) | Filed by the company against Monet Securities Private Limited | Pending |
| Bombay High Court | Court case (APP) | Filed by the company against Vision Trimpex Limited | Pending |
| Bombay High Court | Court case (APP) | Filed by the company against Alliance Soaps Pvt Ltd | Pending |
To see the full case history of Elder Health Care 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 Elder Health Care Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elder Health Care has 8 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 Elder Health Care Limited, buy the company report.
Recent activity
Elder Health Care Limited has 19 board changes on record since 1990: 11 appointments and 8 cessations. The latest: Babita Bhatia was appointed as Additional Director on 24 Jul 2015.
39 earlier events are in the company report.
Frequently asked questions
Elder Health Care is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Elder Health Care is a company under liquidation, formerly operating as a public limited company based in Raigad, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 21 March 1988 and is registered under CIN L24230MH1988PLC046613. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Elder Health Care has 3 current directors:
- Anuj Jagdish Saxena - Managing Director
- Alok Jagdish Saxena - Director
- Babita Bhatia - Additional Director
The latest financial statements of Elder Health Care on record with the MCA are for the year ended 30 June 2013. Its last annual general meeting was held on 30 December 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Elder Health Care is L24230MH1988PLC046613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elder Health Care is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Elder Health Care has open charges of ₹69.6 Cr and satisfied charges of ₹80.07 Cr as per latest MCA filings.
Elder Health Care has 138 court cases on record: 31 filed by the company and 107 filed against it. 22 are pending. Most are in the high courts.
Elder Health Care was incorporated on 21 March 1988. It is registered with the Registrar of Companies, Mumbai.
Elder Health Care has 27 deals on record (27 market trades); the latest was in July 2016.
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