Probity Scientific Private Limited
About Probity Scientific Private Limited
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Probity Scientific Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 18 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74220MH2012PTC232350. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Meena Sushilkumar Sapate and Sushilkumar Bhimrao Sapate.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹77.4 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹19.6 Lakh (net margin -25.3%) and EBITDA of -₹15.62 Lakh (EBITDA margin -20.2%).
As per MCA filings, the company has open charges of ₹52.5 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Probity Scientific Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address214 2nd Floor Commodity Exchange Bldg. Apmc Market Sector – 19 Vashi Navi Mum, Bai, Navi Mumbai, Maharashtra, India – 400705
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Probity Scientific Private Limited, buy the company report.
- 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 Probity Scientific Private Limited
FY 2015 filings availableProbity Scientific Private Limited reported revenue of ₹77.4 Lakh (down 2% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹77.4 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹15.62 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹19.6 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -20.2% |
| Net Profit Margin | -25.3% |
| 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 Probity Scientific Private Limited, buy the company report.
Board of directors of Probity Scientific Private Limited
Probity Scientific has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Sushilkumar Sapate | Director | 04 Dec 2015 | 10 Years 10 Months | Current |
| Sushilkumar Bhimrao Sapate | Director | 18 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Probity Scientific Private Limited is audited by PRAKASH RAVATALE & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH RAVATALE & ASSOCIATES | FY 2015 | 135463W |
Shareholding
The shareholding of Probity Scientific Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Probity Scientific Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2013 | 10438590 | Corporation Bank | ₹52.5 Lakh | Open |
To see the full charge records of Probity Scientific Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Probity Scientific Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by an individual | Disposed |
To see the full case history of Probity Scientific 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 Probity Scientific Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Probity Scientific has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Probity Scientific Private Limited, buy the company report.
Recent activity
Probity Scientific Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Vinayak Eknath Thokal ceased to be Director on 03 May 2016.
Frequently asked questions
Probity Scientific is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 18 June 2012 (14+ years old) and is registered under CIN U74220MH2012PTC232350.
Probity Scientific has 2 current directors:
- Meena Sushilkumar Sapate - Director
- Sushilkumar Bhimrao Sapate - Director
The latest financial statements of Probity Scientific on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Probity Scientific has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Probity Scientific is U74220MH2012PTC232350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Probity Scientific has 2 court cases on record: 2 filed against it.
Probity Scientific was incorporated on 18 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Vinayak Eknath Thokal ceased to be Director on 03 May 2016. Meena Sushilkumar Sapate was appointed as Director on 04 Dec 2015. Hemlata Gopal Nigudkar ceased to be Director on 31 Dec 2013. Probity Scientific has 6 board changes on record in total.
The registered office of Probity Scientific is at 214 2nd Floor Commodity Exchange Bldg. Apmc Market Sector – 19 Vashi Navi Mum, Bai, Navi Mumbai, Maharashtra, India – 400705.
Probity Scientific operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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