
Parnax Lab Private Limited
About Parnax Lab Private Limited
Data last updated:
Parnax Lab Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 15 May 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH1995PTC088367.
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹68.97 Lakh. It was led by directors Mihir Prakash Shah and Prakash Mahasukhlal Shah.
Its last annual general meeting (AGM) was held on 29 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office was at 2 Shivkrupa Vasant Jagannathpatel Marg Chunabhatti, Mumbai, Maharashtra, India – 400022.
The company had about 8 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
Company details
Contact details
Parnax Lab Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address2 Shivkrupa Vasant Jagannathpatel Marg Chunabhatti, Mumbai, Maharashtra, India – 400022
- IndustryPharma, Drug Formulation & Development
- 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
Financials of Parnax Lab Private Limited
FY 2010 filings availableFinancial Statement Summary
| Metrics | FY 2009-10 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2009-10 |
|---|---|
| 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 Parnax Lab Private Limited, buy the company report.
Board of directors of Parnax Lab Private Limited
Parnax Lab 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 |
|---|---|---|---|---|
| Mihir Prakash Shah | Director | 27 Sep 2001 | 25 Years 1 Months | As last reported |
| Prakash Mahasukhlal Shah Also directs: Naxpar Pharma Private Limited | Director | 15 May 1995 | 31 Years 5 Months | As last reported |
Legal cases
Parnax Lab Private Limited has 5 court cases on record: 2 filed by Parnax Lab, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed against the company by Group Pharmaceuticals Ltd. and Anr | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Parnax Lab 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 Parnax Lab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Parnax Lab Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parnax Lab Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Ila Baiju Shah ceased to be Director on 15 Feb 2010.
Frequently asked questions
Parnax Lab has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Parnax Lab was a private limited company based in Mumbai, Maharashtra, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 15 May 1995 and is registered under CIN U24239MH1995PTC088367. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Parnax Lab was incorporated on 15 May 1995. It is registered with the Registrar of Companies, Mumbai.
Parnax Lab had 2 directors:
- Mihir Prakash Shah - Director
- Prakash Mahasukhlal Shah - Director
The CIN (Corporate Identification Number) of Parnax Lab is U24239MH1995PTC088367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Parnax Lab is at 2 Shivkrupa Vasant Jagannathpatel Marg Chunabhatti, Mumbai, Maharashtra, India – 400022.
The latest financial statements of Parnax Lab on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 29 September 2010. Year-wise statements from 2015 are in the company report.
Parnax Lab operated in the pharma industry, in the drug formulation and development segment.
Parnax Lab has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the high courts.
Ila Baiju Shah ceased to be Director on 15 Feb 2010. Mihir Prakash Shah was appointed as Director on 27 Sep 2001. Prakash Mahasukhlal Shah was appointed as Director on 15 May 1995.

