- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0088704

About Necs Pharma LLP
Data last updated:
Necs Pharma LLP is a limited liability partnership (LLP) based in Navi Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 16 September 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAH-4081. Its GSTIN is 27AANFN2174P1ZK (Maharashtra). The LLP holds 2 GST registrations, of which 1 is active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Rachit Bharat Dave and Sankaranarayanamoorthy Muthukrishnan.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹10.5 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹35.64 Lakh (net margin 3.4%) and EBITDA of -₹1.83 Cr (EBITDA margin -17.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 107% over five years.
The LLP has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹4.44 Cr on record. Court records list 16 cases involving the LLP, including 2 filed by the LLP and 14 filed against it; 10 cases are pending.
Necs Pharma LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0088704). For more details, the LLP can be reached via its website necspharma.com.
Company details
Recognitions & Rankings of Necs Pharma
Contact details
Necs Pharma LLP's registered office is in Navi Mumbai, Maharashtra. Its website is necspharma.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No. 201 Plot – 2 Twinkle Co – Op Hsg Sty Sector – 19 Neru, L, Navi Mumbai, Maharashtra, India – 400706
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Necs Pharma 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
Financials of Necs Pharma LLP
FY 2025 filings availableNecs Pharma LLP reported revenue of ₹10.5 Cr (up 251% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 107% over five years, including 251% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹35.64 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 3.4% | ||||
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To see the full financial statements and ratios of Necs Pharma LLP, buy the company report.
Designated partners of Necs Pharma LLP
Necs Pharma has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachit Bharat Dave | Designated Partner | 16 Sep 2016 | 10 Years 1 Months | Current |
| Sankaranarayanamoorthy Muthukrishnan | Designated Partner | 16 Sep 2016 | 10 Years 1 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2022 | 100532131 | Bank of Baroda | ₹17.24 Lakh | Open | |
| 04 May 2020 | 100403706 | Bank of Baroda | ₹10 Lakh | Open | |
| 11 Oct 2018 | 100214618 | Bank of Baroda | ₹4.17 Cr | Open |
To see the full charge records of Necs Pharma LLP, buy the company report.
Total charge records: 3 View all charges
Legal cases
Necs Pharma LLP has 16 court cases on record: 2 filed by Necs Pharma, 14 filed against it. 10 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 14 | 10 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Yes Bank Ltd Through Poa Priya Bhange | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Aarmed Formulations Pvt. Ltd. Throught Its Representative Bhavesh Vaja | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by Clix Capital Services Private Limited | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Hero Fincorp Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Dupen Laboratories Pvt Ltd | Pending |
To see the full case history of Necs Pharma LLP, 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 Necs Pharma LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Necs Pharma LLP has a workforce of 2 employees on its EPFO records as of May 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 2 |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Necs Pharma LLP, buy the company report.
GST
Necs Pharma has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANFN2174P1ZK | Maharashtra | Active | 13 Sep 2017 |
To see the full GST registrations and return filing status of Necs Pharma LLP, buy the company report.
Recent activity
Necs Pharma LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Rachit Bharat Dave was appointed as Designated Partner on 16 Sep 2016.
Frequently asked questions
Necs Pharma is an active limited liability partnership based in Navi Mumbai, Maharashtra, India. The LLP works in drug formulation and development, within the pharma industry. It was incorporated on 16 September 2016 (10+ years old) and is registered under LLPIN AAH-4081.
Necs Pharma has 2 current designated partners:
- Rachit Bharat Dave - Designated Partner
- Sankaranarayanamoorthy Muthukrishnan - Designated Partner
The latest financial statements of Necs Pharma 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 2017 are in the company report.
The GSTIN of Necs Pharma is 27AANFN2174P1ZK, registered in Maharashtra. The LLP has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Necs Pharma is AAH-4081. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Necs Pharma has 16 court cases on record: 2 filed by the LLP and 14 filed against it. 10 are pending.
Necs Pharma was incorporated on 16 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Rachit Bharat Dave was appointed as Designated Partner on 16 Sep 2016. Sankaranarayanamoorthy Muthukrishnan was appointed as Designated Partner on 16 Sep 2016.
Yes, Necs Pharma is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0088704).
Necs Pharma can be reached through the website necspharma.com. Its registered office is in Navi Mumbai, Maharashtra, India.

