About Relax Pharmaceuticals Private Limited
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Relax Pharmaceuticals Private Limited is a private limited company based in Saharanpur, Uttar Pradesh, India, a subsidiary of Mankind Pharma Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 31 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24231DL1997PTC461314. Its GSTIN is 02AAACR9253R2ZW (Himachal Pradesh). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹30 Lakh. It is led by directors including Vikash Sharma (Whole-Time Director) and Abhay Kumar Srivastava.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2 Behind Employment Exchange Shastri Nagar, Saharanpur, Uttar Pradesh, India – 247001.
As per the financials filed for FY 2024, the company reported a revenue of ₹215.76 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹16.13 Cr (net margin 7.5%) and EBITDA of ₹23.97 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.
The company is associated with 1 brand: Relax Pharmaceuticals. As per MCA filings, the company has open charges of ₹51.38 Cr and satisfied charges of ₹23.1 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 3 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in October 2017. Its 4 peer companies in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 2 smaller; the largest is Naprod Life Sciences Private Limited with revenue of ₹219.65 Cr. The company has 9 MSME Form 1 returns on record between 2022 and 2023, listing 2,026 overdue payments to 47 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relaxpharmaceuticals.in.
Company details
CIN history
Relax Pharmaceuticals has one previous CIN (Corporate Identification Number): U24231UP1997PTC022390. The current CIN is U24231DL1997PTC461314, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231DL1997PTC461314 | Current |
| U24231UP1997PTC022390 | Previous |
Contact details
Relax Pharmaceuticals Private Limited's registered office is in Saharanpur, Uttar Pradesh.
- Registered Address2 Behind Employment Exchange Shastri Nagar, Saharanpur, Uttar Pradesh, India – 247001
- 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
Brands
Relax Pharmaceuticals operates one associated brand: Relax Pharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers formulation development and supply chain services for the pharmaceutical industry. | relaxpharmaceuticals.in |
Business activity
The main business activities of Relax Pharmaceuticals are manufacturing and professional, scientific and technical. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Relax Pharmaceuticals Private Limited, buy the company report.
Financials of Relax Pharmaceuticals Private Limited
FY 2025 filings availableRelax Pharmaceuticals Private Limited reported revenue of ₹215.76 Cr (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 29% growth in the latest year. EBITDA rose 37% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹23.97 Cr | ||||
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| Net Profit (PAT) | ₹16.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 7.5% | ||||
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To see the full financial statements and ratios of Relax Pharmaceuticals Private Limited, buy the company report.
Board of directors of Relax Pharmaceuticals Private Limited
Relax Pharmaceuticals has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Kumar Srivastava Also directs: Copmed Pharmaceuticals Private Limited, Sirmour Remedies Private Limited, Mankind Medicare Private Limited and 5 more | Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Akhlas Ahmed Also directs: Copmed Pharmaceuticals Private Limited, Sirmour Remedies Private Limited, Mankind Medicare Private Limited and 5 more | Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Veer Singh Pal | Director | 31 Jul 1997 | 29 Years 2 Months | Current |
| Vikash Sharma | Whole-Time Director | 08 Aug 2024 | 2 Years 2 Months | Current |
| Bhupendra Kaushik Also directs: Copmed Pharmaceuticals Private Limited, BKB & Associates LLP, Alstone Textiles (India) Limited and 4 more | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
| Anju Kumari Jha Also directs: Copmed Pharmaceuticals Private Limited, Qualitek Starch Private Limited, Mankind Life Sciences Private Limited and 5 more | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Relax Pharmaceuticals Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naprod Life Sciences Private Limited | ₹219.65 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Makson Healthcare Private Limited | ₹217.91 Cr (FY 2024) | -2.0% | Mandideep, Madhya Pradesh, India | |||
| Relax Pharmaceuticals Private Limitedthis company | ₹215.76 Cr (FY 2024) | ₹16.13 Cr | 7.5% | 29.0% | Saharanpur, Uttar Pradesh, India | |
| Rivpra Formulation Private Limited | ₹215.35 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Speciality Organics Pvt Ltd | ₹214.1 Cr (FY 2025) | 34.0% | Mandideep, Madhya Pradesh, India |
To see the full peer comparison of Relax Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2024 | 101012840 | Others | ₹50 Cr | Open | |
| 17 Apr 2021 | 100441910 | Others | ₹1.38 Cr | Open | |
| 30 Jul 2012 | 10371499 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 30 Jul 2012 | 10371555 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 15 Nov 2010 | 10254777 | Member Secretory Single Window Clearance Agency | ₹30 Lakh | Satisfied |
To see the full charge records of Relax Pharmaceuticals Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Relax Pharmaceuticals Private Limited has 3 deals on record (3 secondary share transfers); the latest was in October 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Mankind Pharma Limited Seller: 3 individuals |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Relax Pharmaceuticals Private Limited has 9 court cases on record: 7 filed by Relax Pharmaceuticals, 2 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 2 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Farrukhabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Hpseb Ltd and Others(Not Applicable) | Pending |
| High Court | Writ petition | Filed by the company against Hpseb Ltd and Others(Not Applicable) | Pending |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against an individual | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Relax Pharmaceuticals 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
Relax Pharmaceuticals Private Limited has 9 MSME Form 1 returns on record between 2022 and 2023, listing 2,026 overdue payments to 47 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| A to Z Packers | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Relax Pharmaceuticals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Relax Pharmaceuticals has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACR9253R2ZW | Himachal Pradesh | Active | 01 Jul 2017 |
| 19AAACR9253R1ZI | West Bengal | Active | 31 Oct 2018 |
| 23AAACR9253R1ZT | Madhya Pradesh | Active | 02 Nov 2018 |
To see the full GST registrations and return filing status of Relax Pharmaceuticals Private Limited, buy the company report.
Recent activity
Relax Pharmaceuticals Private Limited has 16 board changes on record since 1997: 6 appointments and 10 cessations. The latest: Vikash Sharma was appointed as Whole-Time Director on 08 Aug 2024.
22 earlier events are in the company report.
Frequently asked questions
Relax Pharmaceuticals is an active private limited company based in Saharanpur, Uttar Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 31 July 1997 (29+ years old) and is registered under CIN U24231DL1997PTC461314.
Relax Pharmaceuticals has 6 current directors:
- Vikash Sharma - Whole-Time Director
- Abhay Kumar Srivastava - Director
- Akhlas Ahmed - Director
- Veer Singh Pal - Director
- Bhupendra Kaushik - Director
- Anju Kumari Jha - Director
The latest financial statements of Relax Pharmaceuticals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Relax Pharmaceuticals is 02AAACR9253R2ZW, registered in Himachal Pradesh. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 19AAACR9253R1ZI (West Bengal), 23AAACR9253R1ZT (Madhya Pradesh).
The CIN (Corporate Identification Number) of Relax Pharmaceuticals is U24231DL1997PTC461314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Relax Pharmaceuticals has 9 court cases on record: 7 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Relax Pharmaceuticals was incorporated on 31 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kanpur.
Relax Pharmaceuticals has 3 deals on record (3 secondary share transfers); the latest was in October 2017.
The peers of Relax Pharmaceuticals by revenue are Naprod Life Sciences Private Limited, Makson Healthcare Private Limited, Rivpra Formulation Private Limited, Speciality Organics Pvt Ltd, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Vikash Sharma was appointed as Whole-Time Director on 08 Aug 2024. Vikash Sharma ceased to be Additional Director on 08 Aug 2024. Abhay Kumar Srivastava ceased to be Additional Director on 27 Nov 2021. Relax Pharmaceuticals has 16 board changes on record in total.
Relax Pharmaceuticals has 9 MSME Form 1 returns on record between 2022 and 2023, listing 2,026 overdue payments to 47 micro and small suppliers. The latest return was filed on 17 Jan 2024.
Relax Pharmaceuticals can be reached through the website relaxpharmaceuticals.in. Its registered office is in Saharanpur, Uttar Pradesh, India.