About Palas Pharmaceuticals Private Limited
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Palas Pharmaceuticals Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 30 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U85110UP1996PTC020602. Its GSTIN is 09AABCP9775D1Z2 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Priti Agarwal and Praveen Agarwal.
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 Khasra No. 103 Basha Kursi Road, Lucknow, Uttar Pradesh, India – 226021.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.83 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹8,767 (net margin 0%) and EBITDA of ₹23.27 Lakh (EBITDA margin 12.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹6.14 Lakh and satisfied charges of ₹75 Lakh on record. Court records list 8 cases involving the company, including 8 filed by the company; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palaspharma.in.
Company details
Contact details
Palas Pharmaceuticals Private Limited's registered office is in Lucknow, Uttar Pradesh. Its website is palaspharma.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKhasra No. 103 Basha Kursi Road, Lucknow, Uttar Pradesh, India – 226021
- IndustryE-Commerce, Online Healthcare Product Retail
To see the full contact details of Palas Pharmaceuticals 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
Business activity
The main business activity of Palas Pharmaceuticals is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Palas Pharmaceuticals Private Limited, buy the company report.
Financials of Palas Pharmaceuticals Private Limited
FY 2025 filings availablePalas Pharmaceuticals Private Limited reported revenue of ₹1.83 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 15% fall in the latest year. EBITDA rose 28% 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 | ₹23.27 Lakh | ||||
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| Net Profit (PAT) | ₹8,767 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Palas Pharmaceuticals Private Limited, buy the company report.
Board of directors of Palas Pharmaceuticals Private Limited
Palas Pharmaceuticals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priti Agarwal | Director | 12 Jun 2015 | 11 Years 4 Months | Current |
| Praveen Agarwal Also directs: N.U Indian Herbal Research Laboratory Private Limited | Director | 30 Aug 1996 | 30 Years 2 Months | Current |
Auditor
Palas Pharmaceuticals Private Limited is audited by Shashank & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shashank & Co. | FY 2023 | 530750 |
Shareholding
The shareholding of Palas 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palas Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2025 | 101156369 | Others | ₹6.14 Lakh | Open | |
| 29 Mar 2007 | 10051594 | Others | ₹75 Lakh | Satisfied |
To see the full charge records of Palas Pharmaceuticals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Palas Pharmaceuticals Private Limited has 8 court cases on record: 8 filed by Palas Pharmaceuticals. 7 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 7 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Palas 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 Palas Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palas Pharmaceuticals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCP9775D1Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palas Pharmaceuticals Private Limited, buy the company report.
Recent activity
Palas Pharmaceuticals Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Pradeep Agarwal ceased to be Director on 12 Jun 2015.
Frequently asked questions
Palas Pharmaceuticals is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 30 August 1996 (30+ years old) and is registered under CIN U85110UP1996PTC020602.
Palas Pharmaceuticals has 2 current directors:
- Priti Agarwal - Director
- Praveen Agarwal - Director
The latest financial statements of Palas 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 2015 are in the company report.
The GSTIN of Palas Pharmaceuticals is 09AABCP9775D1Z2, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Palas Pharmaceuticals is U85110UP1996PTC020602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palas Pharmaceuticals has 8 court cases on record: 8 filed by the company. 7 are pending.
Palas Pharmaceuticals was incorporated on 30 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kanpur.
Pradeep Agarwal ceased to be Director on 12 Jun 2015. Priti Agarwal was appointed as Director on 12 Jun 2015. Praveen Agarwal was appointed as Director on 30 Aug 1996.
Palas Pharmaceuticals can be reached through the website palaspharma.in. Its registered office is in Lucknow, Uttar Pradesh, India.
The registered office of Palas Pharmaceuticals is at Khasra No. 103 Basha Kursi Road, Lucknow, Uttar Pradesh, India – 226021.
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