Prashanti Formulations Limited - Company Profile

It is a pharma public limited company based in Hoshiarpur, Punjab, India, established in 1999.
1999 Hoshiarpur, Punjab, India Active
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About Prashanti Formulations Limited

Prashanti Formulations Limited, a active public limited company, was established on 22 April 1999 in Hoshiarpur, Punjab, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: U24231PB1999PLC022495. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.06 Cr and a paid-up capital of ₹2.06 Cr.

It upholds a compliant status. Employing 211 professional, Its leadership includes Neeti Passi (Director), Sunaina Dutta (Director), Adwaita Tewari (Whole-Time Director). Past directors included Usha Tewari, Gaurav Tiwari, Sukarn Tiwari. It holds ₹10.95 Cr open charges and ₹7.64 M settled loans. Its latest AGM occurred on 08 September 2025, with the balance sheet filed on 31 March 2025. It is based at Nangal Shaheedan, 6Th Km, Chandigarh Road, Hoshiarpur, Hoshiarpur, Punjab, 146001.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U24231PB1999PLC022495

  • Registration Number

    022495

  • Incorporation Date

    22 April 1999

  • Authorized Capital

    ₹2.06 Cr

  • Paid-Up Capital

    ₹2.06 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.06 Cr
  • Paid Up Capital ₹ 2.06 Cr
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 10.95 Cr
  • Satisfied Charges ₹ 7.64 M
  • Revenue Growth **** 7.39%
  • Profit Growth **** -30.45%
  • Ebitda **** -32.20%
  • Net Worth 15.94%
  • Total Assets **** 22.60%
Company report

Prashanti Formulations Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Prashanti Formulations 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 Prashanti Formulations Limited?
Current Directors
Name Designation Appointment Date Status
Neeti Passi Director 29 Sep 2002 Current
Sunaina Dutta Director 24 Sep 2001 Current
Adwaita Tewari Whole-Time Director 24 Sep 2001 Current
Usha Tewari Director 23 Feb 2012 Current
Sawtantar Kumar Tewari Managing Director 22 Apr 1999 Current
Gaurav Tiwari Director 22 Apr 1999 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 10 Sep 2012 Past
Pramod Abcsdd Whole-Time Director 26 Apr 2017 Past
Pramod Abcsdd Additional Director 23 Sep 2024 Past

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Financial Performance of Prashanti Formulations.

Prashanti Formulations Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.39% increase. The company also saw a substantial fall in profitability, with a 30.45% decrease in profit. The company's net worth Soared by an impressive increase of 15.94%.

Prashanti Formulations revenue growth over time
Prashanti 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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 7.39%
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Revenue from Operations
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 7.37%
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*******
Total Assets
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 22.60%
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Profit or Loss
*******
 -30.45%
*******
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*******
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Net Worth
*******
 15.94%
*******
*******
*******
*******
EBITDA
*******
 -32.20%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Prashanti Formulations?

In 2022, Prashanti Formulations had a promoter holding of 89.05% and a public holding of 10.95%. 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

₹109,481,000.00

Satisfied Charges

₹7,640,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 10.95 Cr
Latest Charge Details
Date Lender Amount Status
08 Nov 2016 State Bank Of India ₹3.96 Cr Open
30 Jul 2003 State Bank Of India ₹6.99 Cr Open
14 Aug 2018 State Bank Of India ₹1.24 M Satisfied
30 Jul 2003 State Bank Of India ₹1.40 M Satisfied
05 Nov 1999 Statebank Of India ₹2.50 M Satisfied

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How Many Employees Work at Prashanti Formulations?

Prashanti Formulations has a workforce of 211 employees as of Apr 06, 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 Prashanti 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 Prashanti 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 Prashanti Formulations
Recent Activity within the Organization
  • Charges

    A charge with State Bank Of India of Rs. 6.99 Cr registered on 30 Jul 2003 with Charge ID 90172981 was modified on 30 Jan 2026. was recorded as a recent event.

  • Annual General Meeting

    Prashanti Formulations Limited last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Prashanti Formulations Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was completed.

  • Director Appointment

    Sukarn Tiwari was appointed as a Director was appointed as a Director on 05 Feb 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.

  • Charges

    The activity A charge registered on 14 Aug 2018 via Charge ID 100200453 with State Bank Of India was fully satisfied on 20 Nov 2021. was completed.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 0.12 Cr with Charge ID 100200453 was registered on 14 Aug 2018. was completed.

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Frequently Asked Questions
What is the CIN of Prashanti Formulations Limited?

The CIN of Prashanti Formulations Limited is U24231PB1999PLC022495.

Where is Prashanti Formulations Limited headquartered?

Prashanti Formulations Limited is headquartered at Nangal Shaheedan, 6Th Km, Chandigarh Road, Hoshiarpur, Hoshiarpur, Punjab, 146001.

When was Prashanti Formulations Limited incorporated?

Prashanti Formulations Limited was incorporated on 22 April 1999.

Who are the current directors of Prashanti Formulations Limited?

The current directors of Prashanti Formulations Limited are

What is the primary industry of Prashanti Formulations Limited?

The primary industry of Prashanti Formulations Limited is Manufacturing.

Is Prashanti Formulations Limited a listed company?

Prashanti Formulations Limited is unlisted.

What is the capital structure of Prashanti Formulations Limited?

The authorized capital of Prashanti Formulations Limited is ₹2.06 Cr, and the paid-up capital is ₹2.06 Cr.

What is the compliance status of Prashanti Formulations Limited?

The compliance status of Prashanti Formulations Limited is Compliant.

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