Par Formulations Private Limited - Company Profile

It is a pharma private limited company based in Chennai, Tamil Nadu, India, established in 1982.
1982 Chennai, Tamil Nadu, India Active
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About Par Formulations Private Limited

Par Formulations Private Limited, a active private limited company, was established on 22 September 1982 in Chennai, Tamil Nadu, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: U33111TN1982PTC009602. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.20 Cr and a paid-up capital of ₹2.14 Cr.

Formerly known as Novel Therapeutics Private Limited, Edict Pharmaceuticals Private Limited. It upholds a compliant status. Employing 1,304 professional, Its leadership includes Chitti Babu Sampath Kumar (Whole-Time Director), Anand Amrit Raj (Director). Past directors included Chandrasekharapuram Harihara Iyer Krishnan, Rahul Garella, Paul Victor Campanelli. It holds ₹1.71 M open charges and ₹62.37 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at 9/215, Pudupakkam-Vandalur Main Road Pudupakkam, Kelambakkam, Chennai, Tamil Nadu, 603103.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U33111TN1982PTC009602

  • Registration Number

    009602

  • Incorporation Date

    22 September 1982

  • Authorized Capital

    ₹2.20 Cr

  • Paid-Up Capital

    ₹2.14 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.20 Cr
  • Paid Up Capital ₹ 2.14 Cr
  • Company Age 43 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.71 M
  • Satisfied Charges ₹ 62.37 Cr
  • Revenue Growth **** 44.31%
  • Profit Growth **** -13.68%
  • Ebitda **** 88.41%
  • Net Worth 7.30%
  • Total Assets **** 18.47%
Company report

Par Formulations Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Par Formulations Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Par Formulations Private Limited?
Current Directors
Name Designation Appointment Date Status
Chitti Babu Sampath Kumar Whole-Time Director 28 Jun 2017 Current
Anand Amrit Raj Director 27 May 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 20 Sep 2007 Past
Pramod Abcsdd Director 01 Dec 2020 Past
Pramod Abcsdd Director 25 Sep 2015 Past
Pramod Abcsdd Additional Director 26 Sep 2016 Past
Pramod Abcsdd Additional Director 29 Nov 2021 Past
Pramod Abcsdd Director 29 Jun 2009 Past

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Financial Performance of Par Formulations.

Par Formulations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.31% increase. The company also saw a substantial fall in profitability, with a 13.68% decrease in profit. The company's net worth moved up by a moderate rise of 7.3%.

Par Formulations revenue growth over time
Par Formulations profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 44.31%
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*******
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Revenue from Operations
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 45.38%
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*******
*******
*******
Total Assets
*******
 18.47%
*******
*******
*******
*******
Profit or Loss
*******
 -13.68%
*******
*******
*******
*******
Net Worth
*******
 7.30%
*******
*******
*******
*******
EBITDA
*******
 88.41%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Par Formulations?

In 2023, Par Formulations had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,713,000.00

Satisfied Charges

₹623,705,360.00

Charges Breakdown by Lending Institutions
  • Others : 0.17 Cr
Latest Charge Details
Date Lender Amount Status
08 Aug 2022 Others ₹1.21 M Open
08 Aug 2022 Others ₹0.50 M Open
08 Aug 2022 Others ₹27.06 Cr Satisfied
04 Feb 2010 State Bank Of India ₹18.00 Cr Satisfied
06 Mar 2008 State Bank Of India ₹15.00 Cr Satisfied

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How Many Employees Work at Par Formulations?

Par Formulations has a workforce of 1304 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Par Formulations, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Par Formulations's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Par Formulations
Recent Activity within the Organization
  • Director Appointment

    The activity Nazneen Nasir Khan was appointed as a Company Secretary was appointed as a Company Secretary on 29 Jul 2025 & has been associated with this company since 7 months 30 days . was completed.

  • Annual General Meeting

    The activity Par Formulations Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Par Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    Progress on A charge registered on 08 Aug 2022 via Charge ID 100611617 with Others was fully satisfied on 10 Jul 2023. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100611324 was registered on 08 Aug 2022. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100611327 was registered on 08 Aug 2022. was documented.

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Frequently Asked Questions
What is the CIN of Par Formulations Private Limited?

The CIN of Par Formulations Private Limited is U33111TN1982PTC009602.

Where is Par Formulations Private Limited headquartered?

Par Formulations Private Limited is headquartered at 9/215, Pudupakkam-Vandalur Main Road Pudupakkam, Kelambakkam, Chennai, Tamil Nadu, 603103.

When was Par Formulations Private Limited incorporated?

Par Formulations Private Limited was incorporated on 22 September 1982.

Who are the current directors of Par Formulations Private Limited?

The current directors of Par Formulations Private Limited are

What is the primary industry of Par Formulations Private Limited?

The primary industry of Par Formulations Private Limited is Manufacturing.

Is Par Formulations Private Limited a listed company?

Par Formulations Private Limited is unlisted.

What is the capital structure of Par Formulations Private Limited?

The authorized capital of Par Formulations Private Limited is ₹2.20 Cr, and the paid-up capital is ₹2.14 Cr.

What is the compliance status of Par Formulations Private Limited?

The compliance status of Par Formulations Private Limited is Compliant.

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