
About Nextwell Pharmaceutical Private Limited
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Nextwell Pharmaceutical Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 24 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ2021PTC127493. Its GSTIN is 24AAHCN9415A1ZR (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hardikbhai Ghevariya and Milan Vinubhai Ghevariya.
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 11 1st Floor Akshar Park Society Nr. Vallabhnagar Chhaprabhatha, Surat, Gujarat, India – 394107.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.38 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹11.99 Lakh (net margin 1.2%) and EBITDA of ₹19.79 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 244% over three years.
The company is associated with 1 brand: Nextwellpharmaceutical.
Nextwell Pharmaceutical Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0136386). For more details, the company can be reached via its website nextwellpharmaceutical.com.
Company details
Recognitions & Rankings of Nextwell Pharmaceutical
- Udyam number
- UDYAM-GJ-22-0136386
Contact details
Nextwell Pharmaceutical Private Limited's registered office is in Surat, Gujarat. Its website is nextwellpharmaceutical.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11 1st Floor Akshar Park Society Nr. Vallabhnagar Chhaprabhatha, Surat, Gujarat, India – 394107
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Nextwell Pharmaceutical Private Limited, 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
Brands
Nextwell Pharmaceutical operates one associated brand: Nextwellpharmaceutical. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| nextwellpharmaceutical.com |
Business activity
The main business activity of Nextwell Pharmaceutical is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
To see the full business activity and turnover split of Nextwell Pharmaceutical Private Limited, buy the company report.
Financials of Nextwell Pharmaceutical Private Limited
FY 2025 filings availableNextwell Pharmaceutical Private Limited reported revenue of ₹10.38 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 244%. EBITDA rose 3% 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 |
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| EBITDA | ₹19.79 Lakh | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | ₹11.99 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.9% | |||
| Net Profit Margin | 1.2% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Nextwell Pharmaceutical Private Limited, buy the company report.
Board of directors of Nextwell Pharmaceutical Private Limited
Nextwell Pharmaceutical has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardikbhai Ghevariya | Director | 24 Nov 2021 | 4 Years 11 Months | Current |
| Milan Vinubhai Ghevariya | Director | 24 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Nextwell Pharmaceutical Private Limited is audited by RUJAL BORAD & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUJAL BORAD & ASSOCIATES | FY 2023 | 171610 |
Shareholding
The shareholding of Nextwell Pharmaceutical Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nextwell Pharmaceutical Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nextwell Pharmaceutical 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 Nextwell Pharmaceutical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nextwell Pharmaceutical has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCN9415A1ZR | Gujarat | Active | 01 Dec 2021 |
To see the full GST registrations and return filing status of Nextwell Pharmaceutical Private Limited, buy the company report.
Recent activity
Nextwell Pharmaceutical Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Hardikbhai Ghevariya was appointed as Director on 24 Nov 2021.
Frequently asked questions
Nextwell Pharmaceutical is an active private limited company based in Surat, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 24 November 2021 (5+ years old) and is registered under CIN U24110GJ2021PTC127493.
Nextwell Pharmaceutical has 2 current directors:
- Hardikbhai Ghevariya - Director
- Milan Vinubhai Ghevariya - Director
The latest financial statements of Nextwell Pharmaceutical 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 2022 are in the company report.
The GSTIN of Nextwell Pharmaceutical is 24AAHCN9415A1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Nextwell Pharmaceutical is U24110GJ2021PTC127493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextwell Pharmaceutical was incorporated on 24 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hardikbhai Ghevariya was appointed as Director on 24 Nov 2021. Milan Vinubhai Ghevariya was appointed as Director on 24 Nov 2021.
Yes, Nextwell Pharmaceutical is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nextwell Pharmaceutical is registered as an MSME under Udyam registration (number: UDYAM-GJ-22-0136386).
Nextwell Pharmaceutical can be reached through the website nextwellpharmaceutical.com. Its registered office is in Surat, Gujarat, India.

