Murae Organisor Limited

BSE: 542724
Murae Organisor Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L24230GJ2012PLC071299 Incorporated 26 July 2012 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed Public Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2024
₹4.06 Cr
▼ 75% YoY
Net profit · FY 2024
₹5.31 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹39.46 Lakh
EBITDA margin 9.7%
Authorised capital
₹190 Cr
Registered with MCA
Paid-up capital
₹185.9 Cr
Issued & subscribed
Satisfied charges
₹21.1 Cr
No open charges
Company age
14 yrs
Est. 2012
Directors on board
6
As per MCA filings

About Murae Organisor Limited

Data last updated:

Murae Organisor Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 26 July 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24230GJ2012PLC071299. Its GSTIN is 24AADCE1163C1ZB (Gujarat). It is recorded as listed by MCA, but trading in its shares on BSE (542724) has been suspended, so they do not currently trade on a stock exchange.

The company has an authorised share capital of ₹190 Cr and a paid-up capital of ₹185.9 Cr. It was formerly known as Earum Pharmaceuticals Private Limited and Earum Pharmaceuticals Limited. It is led by directors including Chinmay Shrikant Pradhan (Managing Director) and Krunalbhai Desai.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.06 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹5.31 Lakh (net margin 1.3%) and EBITDA of ₹39.46 Lakh (EBITDA margin 9.7%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 40% over five years.

The company is associated with 1 brand: Earum Pharmaceuticals. As per MCA filings, the company has satisfied charges of ₹21.1 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 1 case is pending. The company has 212 deals on record (207 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.83 Cr; the latest was in February 2026.

Murae Organisor Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0238370). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website earumpharma.com.

Company details

CIN L24230GJ2012PLC071299
Registration Number 071299
Incorporation Date 26 July 2012
ROC Ahmedabad
Listing Status Listed - Suspended on BSE (542724)
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0238370

Name history

Murae Organisor has undergone 2 name changes throughout its history. The company was previously known as Earum Pharmaceuticals Private Limited, and Earum Pharmaceuticals Limited. The current legal name is Murae Organisor Limited.

Company NameStatus
Murae Organisor LimitedCurrent
Earum Pharmaceuticals Private LimitedPrevious
Earum Pharmaceuticals LimitedPrevious

CIN history

Murae Organisor has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24230GJ2012PLC071299, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24230GJ2012PLC071299Current
U24230GJ2012PLC071299Previous
U24230GJ2012PTC071299Previous
Key People
Chinmay Shrikant Pradhan Managing Director Ankit Patel Additional Director Mayur Sureshkumar Vyas Additional Director

Recognitions & Rankings of Murae Organisor

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0238370

Contact details

Murae Organisor Limited's registered office is in Ahmedabad, Gujarat. Its website is earumpharma.com. Its e-mail address is in the company report.

  • Email
  • Website
    earumpharma.com
  • Social Media
  • Registered Address
    Block – B Office No. 702 Dev Auram, Anandnagar Char Rasta, Ahmedabad, Gujarat, India – 380015
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Murae Organisor Limited, buy the company report.

Comprehensive company report
Murae Organisor 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Murae Organisor operates one associated brand: Earum Pharmaceuticals. Each brand links to its own profile.

BrandDescriptionWebsite
Earum Pharmaceuticals
Pharmaceutical formulation products are manufactured by Earum Pharmaceuticals in India.earumpharma.com

Business activity

The main business activity of Murae Organisor is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Murae Organisor Limited, buy the company report.

Financials of Murae Organisor Limited

FY 2024 filings available

Murae Organisor Limited reported revenue of ₹4.06 Cr (down 75% YoY) for FY 2024.

Revenue · FY 2024
₹4.06 Cr ▼ 75%
Net profit · FY 2024
₹5.31 Lakh margin 1.3%
EBITDA · FY 2024
₹39.46 Lakh margin 9.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 57%
5 years · compounded
▼ 40%
EBITDA CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 30%
5 years · compounded
▼ 35%

Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 75% fall in the latest year. EBITDA fell 88% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹39.46 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.31 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.7%
Net Profit Margin1.3%
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 Murae Organisor Limited, buy the company report.

Board of directors of Murae Organisor Limited

Murae Organisor has 6 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ankit PatelAdditional Director29 Mar 20251 Years 7 MonthsCurrent
Mayur Sureshkumar VyasAdditional Director29 Mar 20251 Years 7 MonthsCurrent
Vaishaliben Patel
Also directs: Heads Up Ventures Limited
Additional Director29 Mar 20251 Years 7 MonthsCurrent
Chinmay Shrikant Pradhan
Also directs: Ashe Constructions Private Limited
Managing Director29 Mar 20251 Years 7 MonthsCurrent
Krunalbhai DesaiDirector20 Dec 20241 Years 10 MonthsCurrent
Nitinkumar Ashokkumar TomarDirector09 Nov 20241 Years 11 MonthsCurrent
View all directors

Auditor

Murae Organisor Limited is audited by J M PATEL & BROS for the financial year 2023.

Auditor firmFinancial yearFirm registration number
J M PATEL & BROSFY 2023107707W

Shareholding

The shareholding of Murae Organisor Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Murae Organisor Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹21.1 Cr
Breakdown by lending institutions
State Bank of India₹9.10 Cr
Axis Bank Limited₹5.00 Cr
Idbi Bank Limited₹3.00 Cr
Dena Bank₹2.00 Cr
Hdfc Bank Limited₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Dec 2018100226144State Bank of India₹9.1 CrSatisfied
18 Jul 2017100118034Axis Bank Limited₹5 CrSatisfied
16 Mar 2016100030801Idbi Bank Limited₹3 CrSatisfied
29 Jun 201510577626Hdfc Bank Limited₹2 CrSatisfied
29 May 201410496446Dena Bank₹1 CrSatisfied

To see the full charge records of Murae Organisor Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Murae Organisor Limited has 212 deals on record (207 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.83 Cr; the latest was in February 2026.

Total deals
212
Market trades
207
Funding rounds
2
Rights issue
1
IPO
1
Disclosed funding
₹1.83 Cr

Deals on record (5 of 212)

WhenDealAmountParties
Oct 2025Market trade₹54.9 LakhSeller: Eklingji Tradelink Private Limited
Oct 2025Market trade₹1.29 CrSeller: Ifl Enterprises Limited , Eklingji Tradelink Private Limited
Oct 2025Market trade₹1.79 CrBuyer: Share India Securities Limited, an individual
Seller: Eklingji Tradelink Private Limited , Ifl Enterprises Limited , Share India Securities Limited
Oct 2025Market trade₹1.9 CrSeller: Neo Apex Share Broking Services LLP , Ifl Enterprises Limited , Neo Apex Venture LLP
Oct 2025Market trade₹47.8 LakhSeller: Neo Apex Venture LLP

To see the full deal history of Murae Organisor Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Murae Organisor Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Murae Organisor has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCE1163C1ZBGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Murae Organisor Limited, buy the company report.

Recent activity

Murae Organisor Limited has 50 board changes on record since 2012: 28 appointments and 22 cessations. The latest: Khyati Kanaiyalal Patel ceased to be Director on 01 Apr 2025.

Ceased
Khyati Kanaiyalal Patel ceased to be Director.
Appointed
Ankit Patel was appointed as Additional Director.
Appointed
Chinmay Shrikant Pradhan was appointed as Managing Director.
Appointed
Mayur Sureshkumar Vyas was appointed as Additional Director.
Appointed
Vaishaliben Patel was appointed as Additional Director.
Ceased
Akshay Talshibhai Sanepara ceased to be Director.
Ceased
Vinodbhai Rajabhai Bhadarka ceased to be Director.
Appointed
Krunalbhai Desai was appointed as Director.
Ceased
Sanket Ladani ceased to be Director.
Ceased
Manthan Rameshbhai Tilva ceased to be Managing Director.
Appointed
Nitinkumar Ashokkumar Tomar was appointed as Director.
AGM
Murae Organisor Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

54 earlier events are in the company report.

News

Frequently asked questions

Murae Organisor is an active public limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 26 July 2012 (14+ years old) and is registered under CIN L24230GJ2012PLC071299.

Murae Organisor has 6 current directors:

The latest financial statements of Murae Organisor on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Murae Organisor is 24AADCE1163C1ZB, registered in Gujarat.

The CIN (Corporate Identification Number) of Murae Organisor is L24230GJ2012PLC071299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Murae Organisor is recorded as a listed company by MCA, but trading in its shares on BSE (542724) has been suspended, so they do not currently trade on a stock exchange.

Murae Organisor has 12 court cases on record: 4 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.

Murae Organisor was incorporated on 26 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Murae Organisor has 212 deals on record (207 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.83 Cr; the latest was in February 2026.

Khyati Kanaiyalal Patel ceased to be Director on 01 Apr 2025. Ankit Patel was appointed as Additional Director on 29 Mar 2025. Chinmay Shrikant Pradhan was appointed as Managing Director on 29 Mar 2025. Murae Organisor has 50 board changes on record in total.