MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-16-0002018
Neel Nayan Pharma Pvt Ltd - pharma in Gandevi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18 Cr
▲ 5% YoY
Net profit · FY 2025
₹18.69 Lakh
Net margin 1%
EBITDA · FY 2025
₹2.12 Cr
EBITDA margin 11.8%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.26 Cr
Issued & subscribed
Open charges
₹10.58 Cr
Satisfied ₹51.31 Lakh
Company age
37 yrs
Est. 1989
Employees · EPFO
25
Provident fund records
About Neel Nayan Pharma Pvt Ltd
Data last updated:
Neel Nayan Pharma Pvt Ltd is a private limited company based in Gandevi, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 21 November 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1989PTC013031. Its GSTIN is 24AAACN9254E1ZL (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors Virdeepsinh Lakhdhirsinh Sarvaiya and Monica Pant.
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 Bl – No – 524/Paiki – 1 At – Pati, Ta – Gandevi Di – Navsari, Gujarat, India – 396360.
As per the financials filed for FY 2025, the company reported a revenue of ₹18 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹18.69 Lakh (net margin 1%) and EBITDA of ₹2.12 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 27% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.58 Cr and satisfied charges of ₹51.31 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Neel Nayan Pharma Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-16-0002018). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nmpb.nic.in.
Company details
CIN U24231GJ1989PTC013031
Registration Number 013031
Incorporation Date 21 November 1989
ROC Ahmedabad
Listing Status Unlisted
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-16-0002018
Recognitions & Rankings of Neel Nayan Pharma
Contact details
Neel Nayan Pharma Pvt Ltd's registered office is in Gandevi, Gujarat. Its website is nmpb.nic.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBl – No – 524/Paiki – 1 At – Pati, Ta – Gandevi Di – Navsari, Gujarat, India – 396360
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Neel Nayan Pharma Pvt Ltd, buy the company report.
Comprehensive company report
Neel Nayan Pharma Pvt Ltd - 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 Neel Nayan Pharma is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Neel Nayan Pharma Pvt Ltd, buy the company report.
Financials of Neel Nayan Pharma Pvt Ltd
FY 2024 filings availableNeel Nayan Pharma Pvt Ltd reported revenue of ₹18 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹18 Cr ▲ 5%
Net profit · FY 2025
₹18.69 Lakh margin 1%
EBITDA · FY 2025
₹2.12 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 10%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 15%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 5% growth in the latest year. EBITDA rose 11% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.12 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹18.69 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Neel Nayan Pharma Pvt Ltd, buy the company report.
Board of directors of Neel Nayan Pharma Pvt Ltd
Neel Nayan Pharma has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virdeepsinh Lakhdhirsinh Sarvaiya Also directs: Rinica Pharma Private Limited | Director | 31 Jul 2019 | 7 Years 2 Months | Current |
| Monica Pant Also directs: Rinica Pharma Private Limited, Mihasyu Clinicals Private Limited, Rinica Next Private Limited and 1 more | Director | 31 Jul 2019 | 7 Years 2 Months | Current |
Auditor
Neel Nayan Pharma Pvt Ltd is audited by Dipti Taparia & Company for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dipti Taparia & Company | FY 2024 | 110919 |
Shareholding
The shareholding of Neel Nayan Pharma Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neel Nayan Pharma Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹10.58 Cr
Satisfied charges
₹51.31 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101059230 | State Bank of India | ₹4.8 Cr | Open | |
| 28 Mar 2024 | 100958249 | Others | ₹68 Lakh | Open | |
| 23 Jun 2023 | 100738277 | Sidbi | ₹5 Cr | Open | |
| 04 Jun 2019 | 100285305 | Axis Bank Limited | ₹10 Lakh | Open | |
| 30 Apr 2006 | 10003863 | Bank of Baroda | ₹5 Lakh | Satisfied |
To see the full charge records of Neel Nayan Pharma Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Neel Nayan Pharma Pvt Ltd has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed against the company by DWD Pharmaceuticals Ltd | Pending |
| District court, Navsari, Gujarat | Criminal complaint | Filed against the company by Vidhya Pharma Pvt Ltd, | Disposed |
To see the full case history of Neel Nayan Pharma Pvt Ltd, 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
Neel Nayan Pharma Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 117 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Espee Pharma Chem Private Limited | |||
| an individual supplier | |||
| Swastik Print Pack |
To see the full MSME payment records of Neel Nayan Pharma Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Neel Nayan Pharma Pvt Ltd has a workforce of 25 employees on its EPFO records as of Mar 05, 2025, across 1 active EPFO establishment.
Employee count
25
Active EPFO establishments
1
Employee growth
13.64%
GST
Neel Nayan Pharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN9254E1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neel Nayan Pharma Pvt Ltd, buy the company report.
Recent activity
Neel Nayan Pharma Pvt Ltd has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Monica Pant ceased to be Additional Director on 30 Sep 2022.
Charges
A charge with Axis Bank Limited of Rs. 0.10 Cr registered on 04 Jun 2019 with Charge ID 100285305 was modified on 25 Nov 2025.
Charges
A charge with State Bank Of India amounted to Rs. 4.80 Cr with Charge ID 101059230 was registered on 31 Jan 2025.
AGM
Neel Nayan Pharma Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Neel Nayan Pharma Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 0.68 Cr with Charge ID 100958249 was registered on 28 Mar 2024.
Charges
A charge with Sidbi amounted to Rs. 5.00 Cr with Charge ID 100738277 was registered on 23 Jun 2023.
Ceased
Monica Pant ceased to be Additional Director.
Ceased
Virdeepsinh Lakhdhirsinh Sarvaiya ceased to be Additional Director.
Ceased
Brijkumar Kantilal Shah ceased to be Director.
Ceased
Kantilal Chhotalal Shah ceased to be Director.
Appointed
Monica Pant was appointed as Director.
Appointed
Virdeepsinh Lakhdhirsinh Sarvaiya was appointed as Director.
11 earlier events are in the company report.
Frequently asked questions
Neel Nayan Pharma is an active private limited company based in Gandevi, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 21 November 1989 (37+ years old) and is registered under CIN U24231GJ1989PTC013031.
Neel Nayan Pharma has 2 current directors:
- Virdeepsinh Lakhdhirsinh Sarvaiya - Director
- Monica Pant - Director
The latest financial statements of Neel Nayan Pharma 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 Neel Nayan Pharma is 24AAACN9254E1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Neel Nayan Pharma is U24231GJ1989PTC013031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neel Nayan Pharma has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Neel Nayan Pharma was incorporated on 21 November 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Monica Pant ceased to be Additional Director on 30 Sep 2022. Virdeepsinh Lakhdhirsinh Sarvaiya ceased to be Additional Director on 30 Sep 2022. Brijkumar Kantilal Shah ceased to be Director on 11 Oct 2019. Neel Nayan Pharma has 7 board changes on record in total.
Yes, Neel Nayan Pharma is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-16-0002018).
Neel Nayan Pharma has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 117 overdue payments to 24 micro and small suppliers. The latest return was filed on 31 May 2019.
Neel Nayan Pharma can be reached through the website nmpb.nic.in. Its registered office is in Gandevi, Gujarat, India.