Parnax Lab Limited - Company Profile

Q: Who are the current directors of Parnax Lab Limited?

The current directors of Parnax Lab Limited are Vijaykumar Shivaji Ayare, Harish Sunderlal Panpalia, Mihir Prakash Shah, Yogesh Kantilal Varia, Preet Vijay Kukreja, Tirunillai Venkateswara Anatharaman, Binoy Baiju Shah, Ami Mihir Shah, Mihir Prakash Shah, Binoy Baiju Shah.

It is a pharma public limited company based in Mumbai, Maharashtra, India, established in 1982.

1982 Mumbai, Maharashtra, India Active

Last Updated: December 31, 2025

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About Parnax Lab Limited

Parnax Lab Limited, a active public limited company, was established on 03 August 1982 in Mumbai, Maharashtra, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: L36912MH1982PLC027925. Registered under ROC Roc Mumbai. it is listed on BSE: 506128. It has an authorized capital of ₹13.00 Cr and a paid-up capital of ₹11.49 Cr.

Formerly known as Krishna-Deep Trade And Investment Ltd. It upholds a compliant status. In 2022, it reported revenue of ₹7.31 Cr and a net worth of ₹12.75 Cr. Its leadership includes Vijaykumar Shivaji Ayare (Director), Harish Sunderlal Panpalia (Director), Mihir Prakash Shah (Ceo). Past directors included Vijaykumar Shivaji Ayare, Rajendra Sri Nathji Chaturvedi, Peter Thomas. It holds ₹24.20 Cr open charges and ₹4.66 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Gala No. 114, Bldg. No. 8 Jogani Industrial Complex, Chunabhatti, Mumbai, Maharashtra, 400022.

Company Details

CIN/LLPIN
L36912MH1982PLC027925
Registration Number
027925
Incorporation Date
03 August 1982
Authorized Capital
₹13.00 Cr
Paid-Up Capital
₹11.49 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 506128)
Company Status
Active

Key Metrics

Authorised Capital ₹ 13.00 Cr as on 31-12-2025
Paid Up Capital ₹ 11.49 Cr as on 31-12-2025
Company Age 43 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 24.20 Cr as on 31-12-2025
Satisfied Charges ₹ 4.66 Cr as on 31-12-2025
Revenue Growth **** 199.91% (FY 2022)
Profit Growth **** 147.82% (FY 2022)
Ebitda **** 407.59% (FY 2022)
Net Worth 170.46% (FY 2022)
Total Assets **** 33.41% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Parnax Lab 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 Parnax Lab Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vijaykumar Shivaji Ayare	Director	10 Feb 2025	Current
Harish Sunderlal Panpalia	Director	11 Aug 2023	Current
Mihir Prakash Shah	Ceo	05 Jul 2024	Current
Yogesh Kantilal Varia	Director	28 May 2021	Current
Tirunillai Venkateswara Anatharaman	Director	31 Mar 2015	Current
Binoy Baiju Shah	Cfo	05 Jul 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	20 Mar 2025	Past
Pramod Abcsdd	Director	31 Jan 2008	Past
Pramod Abcsdd	Director	07 Dec 2010	Past
Pramod Abcsdd	Director	20 Feb 2009	Past
Pramod Abcsdd	Additional Director	28 Sep 2023	Past
Pramod Abcsdd	Director	27 Feb 2021	Past

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Financial Performance of Parnax Lab.

Parnax Lab Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 199.91% increase. The company also saw a substantial improvement in profitability, with a 147.82% increase in profit. The company's net worth Soared by an impressive increase of 170.46%.

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

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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

********

199.91%

*******

Revenue from Operations

*******

201.33%

*******

Total Assets

*******

33.41%

*******

Profit or Loss

*******

147.82%

*******

Net Worth

*******

170.46%

*******

EBITDA

*******

407.59%

*******

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What is the Ownership and Shareholding Structure of Parnax Lab?

In 2023, Parnax Lab had a promoter holding of 72.30% and a public holding of 27.70%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹242,000,000.00

Satisfied Charges

₹46,626,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 24.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
07 Sep 2002	State Bank Of India	₹10.39 Cr	Open
30 Mar 2000	State Bank Of India	₹2.72 Cr	Open
30 Mar 2000	State Bank Of India	₹10.39 Cr	Open
04 May 1995	State Bank Of India	₹2.60 M	Open
04 May 1995	State Bank Of India	₹2.60 M	Open

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How Many Employees Work at Parnax Lab?

Unlock and access historical data on people associated with Parnax Lab, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Parnax Lab, 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 Parnax Lab's trajectory.

Rating

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Alerts

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 Parnax Lab

Recent Activity within the Organization

Annual General Meeting

The activity Parnax Lab Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.
29 Sep 2025
Balance Sheet

Parnax Lab Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Vijaykumar Shivaji Ayare was appointed as a Director was appointed as a Director on 10 Feb 2025 & has been associated with this company since 1 year 6 days . was documented.
10 Feb 2025
Director Appointment

Progress on Mihir Prakash Shah was appointed as a Ceo was appointed as a Ceo on 03 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
03 Aug 2024
Director Appointment

Progress on Binoy Baiju Shah was appointed as a Cfo was appointed as a Cfo on 03 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
03 Aug 2024
Director Appointment

The activity Mihir Prakash Shah was appointed as a CEO was appointed as a CEO on 05 Jul 2024 & has been associated with this company since 1 year 7 months . was completed.
05 Jul 2024

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