About Plethico Pharmaceuticals Ltd.
Data last updated:
Plethico Pharmaceuticals Ltd. is a public limited company based in Indore, Madhya Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 04 December 1991.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L24232MP1991PLC006801. The company has 2 GST registrations on record, none of which is active. It is a listed company.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹34.07 Cr. It was formerly known as Plethico Pharmaceuticals Pvt Ltd. It is led by directors Shashikant Patel (Managing Director) and Jignesh Jitendra Panchal.
Its last annual general meeting (AGM) was held on 26 December 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at A.B. Road Manglia, Indore, Madhya Pradesh, India – 453771.
The company has about 665 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Plethico. As per MCA filings, the company has open charges of ₹754 Cr and satisfied charges of ₹350.95 Cr on record. Court records list 80 cases involving the company, including 20 filed by the company and 55 filed against it; 11 cases are pending. The company has 7 deals on record (4 secondary share transfers, 1 ipo, 1 acquisition); the latest was in November 2015.
The last known website on record is plethico.com.
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- Registered AddressA.B. Road Manglia, Indore, Madhya Pradesh, India – 453771
- IndustryHealthcare, Ayurvedic Products & Services
- 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
- One PDF report, delivered after checkout
Financials of Plethico Pharmaceuticals Ltd. FY 2014 filings available
Financial Statement Summary of Plethico Pharmaceuticals Ltd.
| Metrics | FY 2013-14 |
|---|---|
| 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 of Plethico Pharmaceuticals Ltd.
| Metrics | FY 2013-14 |
|---|---|
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Plethico Pharmaceuticals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Plethico Pharmaceuticals Ltd.
Plethico Pharmaceuticals has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignesh Jitendra Panchal | Additional Director | 14 Jan 2016 | 10 Years 8 Months | As last reported |
| Shashikant Patel | Managing Director | 04 Dec 1991 | 34 Years 10 Months | As last reported |
Charges & Borrowings of Plethico Pharmaceuticals Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Apr 2015 | Allahabad Bank | ₹115 Cr | Open |
| 29 Jun 2011 | Allahabad Bank | ₹100 Cr | Open |
| 28 Mar 2011 | Idbi Bank Limited | ₹10 Cr | Open |
| 08 Mar 2011 | Allahabad Bank | ₹30 Cr | Open |
| 25 Sep 2010 | Punjab National Bank | ₹30 Cr | Open |
Total charge records: 38 View all charges
Deals & Funding of Plethico Pharmaceuticals Ltd.
Plethico Pharmaceuticals Ltd. has 7 deals on record (4 secondary share transfers, 1 ipo, 1 acquisition); the latest was in November 2015.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2015 | Market trade | ₹31.4 Lakh | Seller: Sicom Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Hypnos Fund Limited Seller: Elara Capital |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Elara Capital Seller: Mavi Investment, an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Mavi Investment, an individual Seller: Goldman Sachs Public Market Fund |
| Jan 2003 | Acquisition | ₹84.81 Cr | Buyer: Shreya Life Sciences Private Limited |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Plethico Pharmaceuticals Ltd.
Plethico Pharmaceuticals Ltd. has 80 court cases on record: 20 filed by Plethico Pharmaceuticals, 55 filed against it, 5 where it is another party. 11 cases are pending and 69 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 65 | 46 | 10 |
| High courts | 14 | 8 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 80)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Nakoda Dairy Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Sicom Limited | Pending |
| High Court of Delhi | Court case (EX.P.) | Filed against the company by Akums Drugs and Pharmaceuticals Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Aarti Industries Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Sicom Limited | Disposed |
Full case history
All 80 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Plethico Pharmaceuticals Ltd.
Plethico Pharmaceuticals operates one associated brand: Plethico. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Health supplements, beauty products, and slimming solutions through online content and reviews. | plethico.com |
Employees and EPFO Compliance at Plethico Pharmaceuticals Ltd.
Employment history and EPFO contributions of people linked to Plethico Pharmaceuticals.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Plethico Pharmaceuticals Ltd.
Recent Activity on Plethico Pharmaceuticals Ltd.
Plethico Pharmaceuticals Ltd. has 28 board changes on record since 1991: 15 appointments and 13 cessations. The latest: Milindkuamr Laxmishankar Dixit ceased to be Additional Director on 21 Oct 2016.
90 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Plethico Pharmaceuticals Ltd.
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Plethico Pharmaceuticals Ltd.
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Plethico Pharmaceuticals Ltd.
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Plethico Pharmaceuticals Ltd.
Plethico Pharmaceuticals has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Plethico Pharmaceuticals Ltd.
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Plethico Pharmaceuticals Ltd.
Plethico Pharmaceuticals is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Plethico Pharmaceuticals is a company under liquidation, formerly operating as a public limited company based in Indore, Madhya Pradesh, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 04 December 1991 and is registered under CIN L24232MP1991PLC006801. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Plethico Pharmaceuticals has 2 current directors:
- Shashikant Patel - Managing Director
- Jignesh Jitendra Panchal - Additional Director
The CIN (Corporate Identification Number) of Plethico Pharmaceuticals is L24232MP1991PLC006801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Plethico Pharmaceuticals is a listed company.
Plethico Pharmaceuticals has open charges of ₹754 Cr and satisfied charges of ₹350.95 Cr as per latest MCA filings.
Plethico Pharmaceuticals has 80 court cases on record: 20 filed by the company and 55 filed against it. 11 are pending. Most are in the district courts.
Plethico Pharmaceuticals was incorporated on 04 December 1991. It is registered with the Registrar of Companies, Gwalior.
Plethico Pharmaceuticals has 7 deals on record (4 secondary share transfers, 1 ipo, 1 acquisition); the latest was in November 2015.
Milindkuamr Laxmishankar Dixit ceased to be Additional Director on 21 Oct 2016. Meena Harish Matani ceased to be Additional Director on 25 Mar 2016. Chirag Patel ceased to be Whole-Time Director on 05 Feb 2016. Plethico Pharmaceuticals has 28 board changes on record in total.