- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0058083

About Oviani Pharma Chem Private Limited
Data last updated:
Oviani Pharma Chem Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 02 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24304MH2017PTC290096. Its GSTIN is 27AACCO4427A1ZV (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Nanak Arjundas Bajaj (Whole-Time Director) and Divya Nanak Bajaj (Whole-Time Director).
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 Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.89 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹11.44 Lakh (net margin 1.3%) and EBITDA of ₹17.03 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 36% over five years.
The company is associated with 2 brands: Oviani Pharmachem and Oviani Chemicals. As per MCA filings, the company has satisfied charges of ₹1.21 Cr on record.
Oviani Pharma Chem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0058083). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ovianipharma.com.
Company details
Recognitions & Rankings of Oviani Pharma Chem
Contact details
Oviani Pharma Chem Private Limited's registered office is in Thane, Maharashtra. Its website is ovianipharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1717 Solus Building Plot E, Hiranandani Estate G B Road, Thane, Maharashtra, India – 400607
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Oviani Pharma Chem 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
Oviani Pharma Chem operates two associated brands: Oviani Pharmachem and Oviani Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing and exporting of medicines in India. | ovianipharma.com | |
| Manufacture and supply of Raney Nickel catalyst for industrial processes. | ovianichem.com |
Business activity
The main business activity of Oviani Pharma Chem 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 Oviani Pharma Chem Private Limited, buy the company report.
Financials of Oviani Pharma Chem Private Limited
FY 2025 filings availableOviani Pharma Chem Private Limited reported revenue of ₹8.89 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA rose 2% 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 | ₹17.03 Lakh | ||||
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| Net Profit (PAT) | ₹11.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Oviani Pharma Chem Private Limited, buy the company report.
Board of directors of Oviani Pharma Chem Private Limited
Oviani Pharma Chem has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nanak Arjundas Bajaj | Whole-Time Director | 02 Feb 2017 | 9 Years 8 Months | Current |
| Divya Nanak Bajaj | Whole-Time Director | 02 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Oviani Pharma Chem Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Polypharm Private Limited | ₹8.92 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Derren Healthcare Private Limited | ₹8.91 Cr (FY 2025) | 38.0% | Ahmedabad, Gujarat, India | |||
| Oviani Pharma Chem Private Limitedthis company | ₹8.89 Cr (FY 2024) | ₹11.44 Lakh | 1.3% | -22.0% | Thane, Maharashtra, India | |
| Akin Laboratories Pvt Ltd | ₹8.84 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Ruby Organics Private Limited | ₹8.83 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Oviani Pharma Chem Private Limited, buy the company report.
Auditor
Oviani Pharma Chem Private Limited is audited by Varia & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varia & Associates | FY 2022 | 146742 |
Shareholding
The shareholding of Oviani Pharma Chem 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 Oviani Pharma Chem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2020 | 100387364 | Others | ₹14.4 Lakh | Satisfied | |
| 19 Jun 2020 | 100344186 | Others | ₹15 Lakh | Satisfied | |
| 16 May 2017 | 100098903 | Others | ₹20 Lakh | Satisfied | |
| 16 May 2017 | 100098906 | Others | ₹42 Lakh | Satisfied | |
| 16 May 2017 | 100098908 | Others | ₹30 Lakh | Satisfied |
To see the full charge records of Oviani Pharma Chem Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Oviani Pharma Chem 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
Oviani Pharma Chem Private Limited has 2 MSME Form 1 returns on record between 2019 and 2022, listing 15 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sunlovis Pharmaceuticals LLP | |||
| an individual supplier | |||
| Sneha Medicare Private Limited | |||
| Precision Adhesive Tapes Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Oviani Pharma Chem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Oviani Pharma Chem has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO4427A1ZV | Maharashtra | Active | 01 Jul 2017 |
| 24AACCO4427A1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oviani Pharma Chem Private Limited, buy the company report.
Recent activity
Oviani Pharma Chem Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Divya Nanak Bajaj was appointed as Whole-Time Director on 02 Feb 2017.
4 earlier events are in the company report.
Frequently asked questions
Oviani Pharma Chem is an active private limited company based in Thane, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 02 February 2017 (9+ years old) and is registered under CIN U24304MH2017PTC290096.
Oviani Pharma Chem has 2 current directors:
- Nanak Arjundas Bajaj - Whole-Time Director
- Divya Nanak Bajaj - Whole-Time Director
The latest financial statements of Oviani Pharma Chem 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 Oviani Pharma Chem is 27AACCO4427A1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AACCO4427A1Z1 (Gujarat).
The CIN (Corporate Identification Number) of Oviani Pharma Chem is U24304MH2017PTC290096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oviani Pharma Chem was incorporated on 02 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Oviani Pharma Chem by revenue are Polypharm Private Limited, Derren Healthcare Private Limited, Akin Laboratories Pvt Ltd, Ruby Organics Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Divya Nanak Bajaj was appointed as Whole-Time Director on 02 Feb 2017. Nanak Arjundas Bajaj was appointed as Whole-Time Director on 02 Feb 2017.
Yes, Oviani Pharma Chem is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0058083).
Oviani Pharma Chem has 2 MSME Form 1 returns on record between 2019 and 2022, listing 15 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Oviani Pharma Chem can be reached through the website ovianipharma.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Oviani Pharma Chem is at 1717 Solus Building Plot E, Hiranandani Estate G B Road, Thane, Maharashtra, India – 400607.

