About Avantor Performance Materials India Private Limited
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Avantor Performance Materials India Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Vwr Lab Products Private Limited. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 22 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24209HR1991PTC048501. Its GSTIN is 06AABCR7314N2Z5 (Haryana). The company holds 20 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹20.94 Cr. It was formerly known as Rfcl Limited. and Ranbaxy Fine Chemicals Limited. It is led by directors including Puneet Pant (Managing Director) and Siddhartha Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 19th Floor Building No.5 Tower C DLF Cyber City Phase – III, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2023, the company reported a revenue of ₹886.94 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹96.88 Cr (net margin 10.9%) and EBITDA of ₹105.63 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 13% over five years.
The company has about 371 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avantor. As per MCA filings, the company has satisfied charges of ₹205.62 Cr on record. Court records list 151 cases involving the company, including 134 filed by the company and 17 filed against it; 56 cases are pending. The company has 19 deals on record (12 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹219.14 Cr; the latest was in March 2020. The company has 35 MSME Form 1 returns on record between 2015 and 2024, listing 3,648 overdue payments to 232 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 avantorsciences.com.
Company details
Name history
Avantor Performance Materials India has undergone 5 name changes throughout its history. The current legal name is Avantor Performance Materials India Private Limited.
| Company Name | Status |
|---|---|
| Avantor Performance Materials India Private Limited | Current |
| Rfcl Limited. | Previous |
| Ranbaxy Fine Chemicals Limited | Previous |
| Rfcl Limited | Previous |
| Ranbaxy Bio Chemicals Limited | Previous |
| Avantor Performance Materials India Limited | Previous |
CIN history
Avantor Performance Materials India has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24209HR1991PTC048501, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24209HR1991PTC048501 | Current |
| U24209DL1991PLC175849 | Previous |
| U24209HP1991PLC011011 | Previous |
| U24209HR1991PLC048501 | Previous |
Contact details
Avantor Performance Materials India Private Limited's registered office is in Gurgaon, Haryana. Its website is avantorsciences.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address19th Floor Building No.5 Tower C DLF Cyber City Phase – III, Gurgaon, Haryana, India – 122002
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Avantor Performance Materials India 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
Brands
Avantor Performance Materials India operates one associated brand: Avantor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Avantor is involved in advancing scientific solutions globally. | avantorsciences.com |
Financials of Avantor Performance Materials India Private Limited
FY 2025 filings availableAvantor Performance Materials India Private Limited reported revenue of ₹886.94 Cr (up 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 3% growth in the latest year. EBITDA fell 14% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹886.94 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹105.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹96.88 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 10.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Avantor Performance Materials India Private Limited, buy the company report.
Board of directors and KMP of Avantor Performance Materials India Private Limited
Avantor Performance Materials India Private Limited currently reports 3 directors and 1 key managerial person. 32 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Pant | Managing Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Siddhartha Agarwal | Whole-Time Director | 19 Sep 2019 | 7 Years 1 Months | Current |
| Ravi Venkatasubramani Lakshman | Whole-Time Director | 14 Apr 2023 | 3 Years 6 Months | Current |
| Neha Ashish Pimpalwar | Company Secretary | 03 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Avantor Performance Materials India Private Limited is audited by SDM & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SDM & Associates | FY 2023 | 024100N |
Shareholding
The shareholding of Avantor Performance Materials India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avantor Performance Materials India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2011 | 10305446 | Icici Bank Limited | ₹35 Cr | Satisfied | |
| 03 Nov 2010 | 10257012 | Icici Bank Limited | ₹26 Cr | Satisfied | |
| 20 Mar 2008 | 10135905 | State Bank of India (Mid Corporate Loan Administrative Unit) | ₹43 Cr | Satisfied | |
| 08 Mar 2007 | 10048517 | Yes Bank Limited | ₹33 Cr | Satisfied | |
| 27 Aug 2006 | 10019221 | Icici Bank Limited | ₹51 Cr | Satisfied |
To see the full charge records of Avantor Performance Materials India Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Avantor Performance Materials India Private Limited has 19 deals on record (12 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹219.14 Cr; the latest was in March 2020.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Rights issue | ₹273.15 Cr | Investors: VWR Lab Products Private Limited |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: VWR Lab Products Private Limited Seller: Avantor Performance Materials Mauritius Ii Limited |
| Apr 2013 | Acquisition | Undisclosed | Buyer: WBM Health Science Private Limited Seller: Avantor Performance Materials India Private Limited |
| Apr 2008 | Secondary share transfer | Undisclosed | Buyer: Icici Venture, Rainbow Trust Seller: Icici Bank Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Icici Bank Limited Seller: Icici Venture |
To see the full deal history of Avantor Performance Materials India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avantor Performance Materials India Private Limited has 151 court cases on record: 134 filed by Avantor Performance Materials India, 17 filed against it. 56 cases are pending and 95 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 115 | 4 | 52 |
| High courts | 34 | 13 | 4 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 151)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed by the company against M/S Cremica Food Industries Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against M/S Senyors Health Care LLP and 3 others | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by Om Logistics Ltd | Disposed |
| District court, GANDHINAGAR, Gujarat | Civil suit | Filed against the company by Parth Parenteral Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed against the company by Parth Parenteral Pvt Ltd and 1 other | Disposed |
To see the full case history of Avantor Performance Materials India 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.
Credit ratings & regulatory alerts
Avantor Performance Materials India Private Limited was last rated by Icra on 24 May 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 24 May 2018 |
To see the full credit ratings and regulatory alerts of Avantor Performance Materials India Private Limited, buy the company report.
MSME payment delays
Avantor Performance Materials India Private Limited has 35 MSME Form 1 returns on record between 2015 and 2024, listing 3,648 overdue payments to 232 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 232)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hrishabh Chemicals Private Limited | |||
| Ambica Industries | |||
| an individual supplier | |||
| Bombay Ammonia & Chemical Company | |||
| M/S Sagar Chemicals |
To see the full MSME payment records of Avantor Performance Materials India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avantor Performance Materials India Private Limited has a workforce of 371 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Avantor Performance Materials India has 20 GST registrations: 9 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCR7314N2Z5 | Haryana | Active | 28 Oct 2017 |
| 06AABCR7314N3Z4 | Haryana | Active | 09 Apr 2024 |
| 05AABCR7314N1Z8 | Uttarakhand | Active | 01 Jul 2017 |
| 07AABCR7314N2Z3 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avantor Performance Materials India Private Limited, buy the company report.
Recent activity
Avantor Performance Materials India Private Limited has 36 board changes on record since 2007: 4 appointments and 32 cessations. The latest: Puneet Pant was appointed as Managing Director on 01 Oct 2024.
44 earlier events are in the company report.
News
Frequently asked questions
Avantor Performance Materials India is an active private limited company based in Gurgaon, Haryana, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 22 January 1991 (35+ years old) and is registered under CIN U24209HR1991PTC048501.
Avantor Performance Materials India has 4 current directors and KMP:
- Puneet Pant - Managing Director
- Siddhartha Agarwal - Whole-Time Director
- Ravi Venkatasubramani Lakshman - Whole-Time Director
- Neha Ashish Pimpalwar - Company Secretary
The latest financial statements of Avantor Performance Materials India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avantor Performance Materials India is 06AABCR7314N2Z5, registered in Haryana. The company has 20 GST registrations in all, of which 9 are active and 11 are cancelled or inactive. Other active GSTINs include 06AABCR7314N3Z4 (Haryana), 05AABCR7314N1Z8 (Uttarakhand), 07AABCR7314N2Z3 (Delhi).
The CIN (Corporate Identification Number) of Avantor Performance Materials India is U24209HR1991PTC048501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avantor Performance Materials India has 151 court cases on record: 134 filed by the company and 17 filed against it. 56 are pending. Most are in the district courts.
Avantor Performance Materials India was incorporated on 22 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Avantor Performance Materials India has 19 deals on record (12 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹219.14 Cr; the latest was in March 2020.
Puneet Pant was appointed as Managing Director on 01 Oct 2024. Puneet Pant ceased to be Additional Director on 01 Oct 2024. Ravi Venkatasubramani Lakshman ceased to be Additional Director on 26 Sep 2023. Avantor Performance Materials India has 36 board changes on record in total.
Avantor Performance Materials India has 35 MSME Form 1 returns on record between 2015 and 2024, listing 3,648 overdue payments to 232 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Avantor Performance Materials India can be reached through the website avantorsciences.com. Its registered office is in Gurgaon, Haryana, India.