
About Panacea Energizers Private Limited
Data last updated:
Panacea Energizers Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the agricultural products distribution segment of the agriculture sector. It was incorporated on 22 January 1998.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U52101MH1998PTC113173. Its GSTIN is 27AABCP4514A1ZZ (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹85,500. It was led by directors Kiran Bhayani Harakhchand and Paresh Harakhchand Bhayani.
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 was at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.92 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹5.46 Lakh (net margin -10.3%) and EBITDA of -₹15,031 (EBITDA margin -0.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over five years.
The last known website on record is panaceaexim.com.
Company details
CIN history
Panacea Energizers has one previous CIN (Corporate Identification Number): U24230MH1998PTC113173. The current CIN is U52101MH1998PTC113173, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52101MH1998PTC113173 | Current |
| U24230MH1998PTC113173 | Previous |
Contact details
Panacea Energizers Private Limited's registered office is in Mumbai, Maharashtra. Its website is panaceaexim.com.
- Website
- Registered AddressOffice No. 520 5th Floor Avior At Nirmal Galaxy, Opp. Johnson & Johnson L.B.S. Marg Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryAgriculture, Agro Retail & Distribution
- 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 Panacea Energizers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Panacea Energizers Private Limited, buy the company report.
Financials of Panacea Energizers Private Limited
FY 2025 filings availablePanacea Energizers Private Limited reported revenue of ₹52.92 Lakh (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 24% fall in the latest year. EBITDA fell 102% 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 | FY 2020-21 |
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| EBITDA | -₹15,031 | ||||
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| Net Profit (PAT) | -₹5.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -10.3% | ||||
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To see the full financial statements and ratios of Panacea Energizers Private Limited, buy the company report.
Board of directors of Panacea Energizers Private Limited
Panacea Energizers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Bhayani Harakhchand Also directs: Panacea Energizers LLP | Director | 22 Jan 1998 | 28 Years 9 Months | As last reported |
| Paresh Harakhchand Bhayani Also directs: Panacea Energizers LLP | Director | 22 Jan 1998 | 28 Years 9 Months | As last reported |
Auditor
Panacea Energizers Private Limited is audited by MAMTA SHETH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAMTA SHETH & ASSOCIATES | FY 2021 | 137582W |
Shareholding
The shareholding of Panacea Energizers Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Panacea Energizers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Panacea Energizers 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 Panacea Energizers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panacea Energizers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP4514A1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panacea Energizers Private Limited, buy the company report.
Recent activity
Panacea Energizers Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Kiran Bhayani Harakhchand was appointed as Director on 22 Jan 1998.
Frequently asked questions
Panacea Energizers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Panacea Energizers was a private limited company based in Mumbai, Maharashtra, India. The company worked in agro retail and distribution, within the agriculture industry. It was incorporated on 22 January 1998 and is registered under CIN U52101MH1998PTC113173. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Panacea Energizers is U52101MH1998PTC113173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panacea Energizers had 2 directors:
- Kiran Bhayani Harakhchand - Director
- Paresh Harakhchand Bhayani - Director
Panacea Energizers was incorporated on 22 January 1998. It is registered with the Registrar of Companies, Mumbai.
Panacea Energizers can be reached through the website panaceaexim.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Panacea Energizers is at Office No. 520 5th Floor Avior At Nirmal Galaxy, Opp. Johnson & Johnson L.B.S. Marg Mulund West, Mumbai, Maharashtra, India – 400080.
The latest financial statements of Panacea Energizers 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 Panacea Energizers is 27AABCP4514A1ZZ, registered in Maharashtra.
Panacea Energizers operated in the agriculture industry, in the agro retail and distribution segment.

