About Novalead Pharma Private Limited
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Novalead Pharma Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 31 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U73100PN2007PTC130929. Its GSTIN is 27AACCN6310K1ZH (Maharashtra).
The company has an authorised share capital of ₹3.74 Cr and a paid-up capital of ₹1.81 Lakh. It is led by directors including Sudhir Kulkarni Appaji and Atul Sharad Aslekar.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 05 Third Floor Ram Indu Park, Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.39 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹3.53 Cr and EBITDA of -₹3.13 Cr. Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 38% over five years.
The company is associated with 3 brands: WoundlyClinical, VLife Sciences Technologies and NovaLead Pharma. As per MCA filings, the company has satisfied charges of ₹3.34 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 13 deals on record (6 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹43.9 Cr; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novaleadpharma.com.
Company details
Contact details
Novalead Pharma Private Limited's registered office is in Pune, Maharashtra. Its website is novaleadpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No – 05 Third Floor Ram Indu Park Survey No – 131/1B/2/11 Baner Taluka Have, Li, Pune, Maharashtra, India – 411045
- IndustryPharma, Pharma Contract R&D
To see the full contact details of Novalead Pharma 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
Novalead Pharma operates multiple associated brands including WoundlyClinical, VLife Sciences Technologies, and NovaLead Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers an app for monitoring and managing wound healing progression. | woundlyclinical.com | |
| Solutions for computer-aided drug design are provided to researchers. | vlifesciences.com | |
| Drug repurposing and discovery are enabled by a proprietary platform. | novaleadpharma.com |
Business activity
The main business activities of Novalead Pharma are professional, scientific and technical and information and communication. In detail, this covers scientific research and development and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Novalead Pharma Private Limited, buy the company report.
Financials of Novalead Pharma Private Limited
FY 2024 filings availableNovalead Pharma Private Limited reported revenue of ₹16.39 Lakh (down 97% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 97% fall in the latest year. EBITDA fell 248% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3.13 Cr | ||||
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| Net Profit (PAT) | -₹3.53 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Novalead Pharma Private Limited, buy the company report.
Board of directors of Novalead Pharma Private Limited
Novalead Pharma has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankara Narayanan Sankarasubramanian | Nominee Director | 24 Nov 2022 | 3 Years 10 Months | Current |
| Sudhir Kulkarni Appaji | Director | 17 Aug 2009 | 17 Years 2 Months | Current |
| Vandan Girdharlal Agrawal | Nominee Director | 24 Nov 2022 | 3 Years 10 Months | Current |
| Atul Sharad Aslekar | Director | 31 Oct 2007 | 18 Years 11 Months | Current |
| Supreet Deshpande Kiran Also directs: Anaahat Art Foundation | Director | 31 Oct 2007 | 18 Years 11 Months | Current |
| Girish Vithalrao Lakhe Also directs: Fiscus Capital Advisors Limited Liability Partnership | Director | 17 Aug 2009 | 17 Years 2 Months | Current |
Auditor
Novalead Pharma Private Limited is audited by G D APTE & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G D APTE & CO. | FY 2023 | 100515W |
Shareholding
The shareholding of Novalead Pharma Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Novalead Pharma Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2011 | 10267794 | Biotechnology Industry Research Assistance Council | ₹3.34 Cr | Satisfied |
To see the full charge records of Novalead Pharma Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Novalead Pharma Private Limited has 13 deals on record (6 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹43.9 Cr; the latest was in March 2021.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2021 | Funding round | ₹40 Lakh | Investors: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: Kotak Private Equity, 3 individuals Seller: Vlife Sciences Technologies Private Limited |
| Jan 2008 | Acquisition | Undisclosed | Buyer: Vlife Sciences Technologies Private Limited Seller: 2 individuals |
To see the full deal history of Novalead Pharma Private 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
Novalead Pharma Private Limited has 2 court cases on record: 2 filed by Novalead Pharma. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Novalead Pharma Private 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 Novalead Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novalead Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN6310K1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novalead Pharma Private Limited, buy the company report.
Recent activity
Novalead Pharma Private Limited has 16 board changes on record since 2007: 6 appointments and 10 cessations. The latest: Vandan Girdharlal Agrawal ceased to be Additional Director on 29 Nov 2022.
10 earlier events are in the company report.
News
Frequently asked questions
Novalead Pharma is an active private limited company based in Pune, Maharashtra, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 31 October 2007 (19+ years old) and is registered under CIN U73100PN2007PTC130929.
Novalead Pharma has 6 current directors:
- Sankara Narayanan Sankarasubramanian - Nominee Director
- Sudhir Kulkarni Appaji - Director
- Vandan Girdharlal Agrawal - Nominee Director
- Atul Sharad Aslekar - Director
- Supreet Deshpande Kiran - Director
- Girish Vithalrao Lakhe - Director
The latest financial statements of Novalead Pharma on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Novalead Pharma is 27AACCN6310K1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Novalead Pharma is U73100PN2007PTC130929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novalead Pharma has 2 court cases on record: 2 filed by the company.
Novalead Pharma was incorporated on 31 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Novalead Pharma has 13 deals on record (6 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹43.9 Cr; the latest was in March 2021.
Vandan Girdharlal Agrawal ceased to be Additional Director on 29 Nov 2022. Sankara Narayanan Sankarasubramanian was appointed as Nominee Director on 24 Nov 2022. Vandan Girdharlal Agrawal was appointed as Nominee Director on 24 Nov 2022. Novalead Pharma has 16 board changes on record in total.
Novalead Pharma can be reached through the website novaleadpharma.com. Its registered office is in Pune, Maharashtra, India.