DPIIT recognised startup Government of India
Startup India
Parad Pharmaceutical Private Limited
Parad Pharmaceutical Private Limited - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.48 Lakh
▲ 378% YoY
Net loss · FY 2025
₹24.71 Lakh
Latest filing
EBITDA · FY 2025
-₹24.28 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹50 Lakh
No open charges
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
About Parad Pharmaceutical Private Limited
Data last updated:
Parad Pharmaceutical Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 13 April 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ2022PTC130979. Its GSTIN is 24AAMCP8184H1ZY (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Binaben Amit Parikh and Amit Prafulchandra Parikh.
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 Ff A – 111 Pramukh Hraday Residency Atladara, Vadodara, Gujarat, India – 390012.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.48 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹24.71 Lakh and EBITDA of -₹24.28 Lakh.
As per MCA filings, the company has satisfied charges of ₹50 Lakh on record.
Parad Pharmaceutical Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0075994).
Company details
CIN U24231GJ2022PTC130979
Registration Number 130979
Incorporation Date 13 April 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0075994
Key People
Binaben Amit Parikh Director Amit Prafulchandra Parikh Director Sanjaya Kumar Panda Director Recognitions & Rankings of Parad Pharmaceutical
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-24-0075994
Contact details
Parad Pharmaceutical Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFf A – 111 Pramukh Hraday Residency Atladara, Vadodara, Gujarat, India – 390012
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Parad Pharmaceutical Private Limited, buy the company report.
Comprehensive company report
Parad Pharmaceutical 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
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Business activity
The main business activity of Parad Pharmaceutical 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 Parad Pharmaceutical Private Limited, buy the company report.
Financials of Parad Pharmaceutical Private Limited
FY 2025 filings availableParad Pharmaceutical Private Limited reported revenue of ₹3.48 Lakh (up 378% YoY) for FY 2025.
Revenue · FY 2025
₹3.48 Lakh ▲ 378%
Net loss · FY 2025
₹24.71 Lakh
EBITDA · FY 2025
-₹24.28 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 378%
EBITDA CAGR growth
1 year
▲ 6%
Revenue rose 378% in the latest year. EBITDA rose 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹24.28 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹24.71 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Parad Pharmaceutical Private Limited, buy the company report.
Board of directors of Parad Pharmaceutical Private Limited
Parad Pharmaceutical has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binaben Amit Parikh Also directs: Axiom Chemicals Private Limited, Parad Corporation Private Limited | Director | 13 Apr 2022 | 4 Years 6 Months | Current |
| Amit Prafulchandra Parikh Also directs: Axiom Chemicals Private Limited, Parad Corporation Private Limited | Director | 13 Apr 2022 | 4 Years 6 Months | Current |
| Sanjaya Kumar Panda | Director | 10 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Parad Pharmaceutical Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Cipmed Pharmaceutical Private Limited | ₹3.5 Lakh (FY 2024) | Bathinda, Punjab, India | ||||
| Abrasis Lifesciences Private Limited | ₹3.49 Lakh (FY 2022) | Thiruvananthapuram, Kerala, India | ||||
| Pharmtm Solutions Private Limited | ₹3.49 Lakh (FY 2021) | Ahmedabad, Gujarat, India | ||||
| Invitrosense Private Limited | ₹3.49 Lakh (FY 2021) | -49.0% | Bangalore, Karnataka, India | |||
| Veraj Pharmaceuticals Private Limited | ₹3.48 Lakh (FY 2023) | 129.0% | Delhi, India | |||
| Parad Pharmaceutical Private Limitedthis company | ₹3.48 Lakh (FY 2025) | -₹24.71 Lakh | 378.0% | Vadodara, Gujarat, India | ||
| Simika Chem Tech Private Limited | ₹3.47 Lakh (FY 2021) | Ahmedabad, Gujarat, India | ||||
| Shri Panchvaktram Packers Private Limited | ₹3.47 Lakh (FY 2021) | 102.0% | Jaipur, Rajasthan, India | |||
| Zaplabs Cleaners Private Limited | ₹3.46 Lakh (FY 2023) | Kanpur, Uttar Pradesh, India | ||||
| Advanced Fluorine Technologies Private Limited | ₹3.46 Lakh (FY 2025) | 30502.0% | Hyderabad, Telangana, India | |||
| Godha Chemicals Pvt Ltd | ₹3.46 Lakh (FY 2025) | 1.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of Parad Pharmaceutical Private Limited, buy the company report.
Auditor
Parad Pharmaceutical Private Limited is audited by MODI & JOSHI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MODI & JOSHI | FY 2023 | 135442W |
Shareholding
The shareholding of Parad Pharmaceutical Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Parad Pharmaceutical Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2023 | 100769535 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Parad Pharmaceutical Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Parad Pharmaceutical 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 Parad Pharmaceutical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parad Pharmaceutical Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
Active EPFO establishments
1
GST
Parad Pharmaceutical has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCP8184H1ZY | Gujarat | Active | 24 Mar 2023 |
To see the full GST registrations and return filing status of Parad Pharmaceutical Private Limited, buy the company report.
Recent activity
Parad Pharmaceutical Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Sanjaya Kumar Panda was appointed as Director on 10 Apr 2023.
AGM
Parad Pharmaceutical Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Parad Pharmaceutical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 06 Jul 2023 via Charge ID 100769535 with Others was fully satisfied on 07 Feb 2024.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100769535 was registered on 06 Jul 2023.
Appointed
Sanjaya Kumar Panda was appointed as Director.
Appointed
Amit Prafulchandra Parikh was appointed as Director.
Appointed
Binaben Amit Parikh was appointed as Director.
Incorporation
13 Apr 2022
Parad Pharmaceutical Private Limited was registered on 13 Apr 2022 with Roc Ahmedabad & aged 4 years 6 months as per MCA records.
Frequently asked questions
Parad Pharmaceutical 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 13 April 2022 (4+ years old) and is registered under CIN U24231GJ2022PTC130979.
Parad Pharmaceutical has 3 current directors:
- Binaben Amit Parikh - Director
- Amit Prafulchandra Parikh - Director
- Sanjaya Kumar Panda - Director
The latest financial statements of Parad Pharmaceutical 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 2023 are in the company report.
The GSTIN of Parad Pharmaceutical is 24AAMCP8184H1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Parad Pharmaceutical is U24231GJ2022PTC130979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parad Pharmaceutical was incorporated on 13 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Parad Pharmaceutical by revenue are Cipmed Pharmaceutical Private Limited, Abrasis Lifesciences Private Limited, Pharmtm Solutions Private Limited, Invitrosense Private Limited, Veraj Pharmaceuticals Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sanjaya Kumar Panda was appointed as Director on 10 Apr 2023. Amit Prafulchandra Parikh was appointed as Director on 13 Apr 2022. Binaben Amit Parikh was appointed as Director on 13 Apr 2022.
Yes, Parad Pharmaceutical is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Parad Pharmaceutical is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0075994).
The registered office of Parad Pharmaceutical is at Ff A – 111 Pramukh Hraday Residency Atladara, Vadodara, Gujarat, India – 390012.
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