MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0009987
Ornet Pharmaceuticals Private Limited - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.16 Lakh
▲ 43965% YoY
Net loss · FY 2024
₹94.56 Lakh
Net margin -229.7%
EBITDA · FY 2024
₹16.06 Lakh
EBITDA margin 39%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.5 Cr
Issued & subscribed
Open charges
₹28.2 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
5
As per MCA filings
About Ornet Pharmaceuticals Private Limited
Data last updated:
Ornet Pharmaceuticals Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Satnam Data Systems Private Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 07 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24304GJ2016PTC094602. Its GSTIN is 24AAECI3904J1ZQ (Gujarat).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It was formerly known as Ishanga Life Science Private Limited. It is led by directors including Kalpeshkumar Anilkumar Patel (Managing Director) and Neil Dinesh Jain.
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 804 – 805 Ocean Vadiwadi Sarabhai Compound, Vadodara, Gujarat, India – 390017.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.16 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹94.56 Lakh (net margin -229.7%) and EBITDA of ₹16.06 Lakh (EBITDA margin 39%).
As per MCA filings, the company has open charges of ₹28.2 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹2.51 Cr; the latest was in January 2023.
Ornet Pharmaceuticals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0009987). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ornetpharma.com.
Company details
CIN U24304GJ2016PTC094602
Registration Number 094602
Incorporation Date 07 December 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Satnam Data Systems Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0009987
Key People
Kalpeshkumar Anilkumar Patel Managing Director Neil Dinesh Jain Director Vivek Lalitkumar Jain Director Recognitions & Rankings of Ornet Pharmaceuticals
Contact details
Ornet Pharmaceuticals Private Limited's registered office is in Vadodara, Gujarat. Its website is ornetpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address804 – 805 Ocean Vadiwadi Sarabhai Compound, Vadodara, Gujarat, India – 390017
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Ornet Pharmaceuticals Private Limited, buy the company report.
Comprehensive company report
Ornet Pharmaceuticals Private 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
Business activity
The main business activity of Ornet Pharmaceuticals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Ornet Pharmaceuticals Private Limited, buy the company report.
Financials of Ornet Pharmaceuticals Private Limited
FY 2025 filings availableOrnet Pharmaceuticals Private Limited reported revenue of ₹41.16 Lakh (up 43965% YoY) for FY 2024.
Revenue · FY 2024
₹41.16 Lakh ▲ 43965%
Net loss · FY 2024
₹94.56 Lakh margin -229.7%
EBITDA · FY 2024
₹16.06 Lakh margin 39%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹16.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹94.56 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39% | ||||
| Net Profit Margin | -229.7% | ||||
| 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 Ornet Pharmaceuticals Private Limited, buy the company report.
Board of directors of Ornet Pharmaceuticals Private Limited
Ornet Pharmaceuticals has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neil Dinesh Jain Also directs: Ornet Intermediates Private Limited, Vishwanath Infraventures LLP, Taradye Organics LLP and 5 more | Director | 24 Aug 2022 | 4 Years 2 Months | Current |
| Vivek Lalitkumar Jain Also directs: Ornet Derma LLP, Ornet Intermediates Private Limited, Ornet Dry Type Transformers Private Limited and 3 more | Director | 24 Aug 2022 | 4 Years 2 Months | Current |
| Kalpeshkumar Anilkumar Patel | Managing Director | 30 Oct 2020 | 6 Years 0 Months | Current |
| Mital Kalpesh Patel Also directs: Parima International Private Limited | Director | 30 Oct 2020 | 6 Years 0 Months | Current |
| Rishi Kalpesh Patel | Director | 30 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Ornet Pharmaceuticals Private Limited is audited by VINOD AMIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD AMIN & CO | FY 2023 | 111500W |
Shareholding
The shareholding of Ornet Pharmaceuticals 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ornet Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2023 | 100670278 | Others | ₹14 Cr | Open | |
| 16 Jan 2023 | 100671633 | Others | ₹14 Cr | Open | |
| 22 Sep 2022 | 100644646 | Hdfc Bank Limited | ₹20.2 Lakh | Open |
Total charge records: 3 View all charges
Deals & funding
Ornet Pharmaceuticals Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹2.51 Cr; the latest was in January 2023.
Total deals
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹2.51 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Rights issue | ₹2 Cr | Investors: 4 individuals |
| Sep 2020 | Funding round | ₹1.99 Cr | Investors: Satnam Data Systems Private Limited |
To see the full deal history of Ornet Pharmaceuticals 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
Ornet Pharmaceuticals Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Ornet Pharmaceuticals 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 Ornet Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ornet Pharmaceuticals Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Ornet Pharmaceuticals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECI3904J1ZQ | Gujarat | Active | 23 Sep 2017 |
To see the full GST registrations and return filing status of Ornet Pharmaceuticals Private Limited, buy the company report.
Recent activity
Ornet Pharmaceuticals Private Limited has 14 board changes on record since 2020: 5 appointments and 9 cessations. The latest: Neil Dinesh Jain ceased to be Additional Director on 30 Sep 2022.
AGM
Ornet Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ornet Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100670278 was registered on 17 Jan 2023.
Charges
A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100671633 was registered on 16 Jan 2023.
Ceased
Neil Dinesh Jain ceased to be Additional Director.
Ceased
Vivek Lalitkumar Jain ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100644646 was registered on 22 Sep 2022.
Appointed
Neil Dinesh Jain was appointed as Director.
Appointed
Vivek Lalitkumar Jain was appointed as Director.
Ceased
Kalpeshkumar Anilkumar Patel ceased to be Additional Director.
Ceased
Mital Kalpesh Patel ceased to be Additional Director.
Ceased
Rishi Kalpesh Patel ceased to be Additional Director.
8 earlier events are in the company report.
Frequently asked questions
Ornet Pharmaceuticals is an active private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 07 December 2016 (10+ years old) and is registered under CIN U24304GJ2016PTC094602.
Ornet Pharmaceuticals has 5 current directors:
- Kalpeshkumar Anilkumar Patel - Managing Director
- Neil Dinesh Jain - Director
- Vivek Lalitkumar Jain - Director
- Mital Kalpesh Patel - Director
- Rishi Kalpesh Patel - Director
The latest financial statements of Ornet Pharmaceuticals 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 2017 are in the company report.
The GSTIN of Ornet Pharmaceuticals is 24AAECI3904J1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Ornet Pharmaceuticals is U24304GJ2016PTC094602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ornet Pharmaceuticals has 1 court case on record: 1 filed against it.
Ornet Pharmaceuticals was incorporated on 07 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ornet Pharmaceuticals has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹2.51 Cr; the latest was in January 2023.
Neil Dinesh Jain ceased to be Additional Director on 30 Sep 2022. Vivek Lalitkumar Jain ceased to be Additional Director on 30 Sep 2022. Neil Dinesh Jain was appointed as Director on 24 Aug 2022. Ornet Pharmaceuticals has 14 board changes on record in total.
Yes, Ornet Pharmaceuticals is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0009987).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages