About Shasun Pharmaceuticals Limited
Data last updated:
Shasun Pharmaceuticals Limited was a public limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 19 April 1976.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN L24117TN1976PLC007122. The company has 16 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 20 Apr 2016 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹25 Cr and a paid-up capital of ₹13.45 Cr. It was led by directors including Abhaya Kumar Srisrimal (Managing Director) and Vimal Kumar Srisrimal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 12 August 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at The Batra Centre Old No.28 Sardar Patel Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2015, the company reported a revenue of ₹1,328.86 Cr, a growth of 8% compared to the previous year.
The company had about 661 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Shasun Pharma. Court records list 22 cases involving the company, including 14 filed by the company and 8 filed against it; 1 case is pending. The company has 17 deals on record (12 market trades, 3 acquisitions, 2 funding rounds), with disclosed funding of ₹71.34 Cr; the latest was in September 2014. Its 10 peer companies in the Pharma industry (Contract Research, Formulations, Pharmaceuticals) are compared by revenue, 5 larger and 5 smaller; the largest is Synthimed Labs Private Limited with revenue of ₹1,478.44 Cr.
The last known website on record is shasun.com.
Company details
Contact details
Shasun Pharmaceuticals Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressThe Batra Centre Old No.28 Sardar Patel Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryPharma, Pharma Contract R&D, 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
Shasun Pharmaceuticals operates one associated brand: Shasun Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Company manufacturing and offering CDMO services for APIs, intermediates and solid dosage forms | shasun.com |
Financials of Shasun Pharmaceuticals Limited
FY 2015 filings availableShasun Pharmaceuticals Limited reported revenue of ₹1,328.86 Cr (up 8% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Shasun Pharmaceuticals Limited, buy the company report.
Board of directors and KMP of Shasun Pharmaceuticals Limited
Shasun Pharmaceuticals Limited currently reports 9 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Chadra Karmakar | Director | 06 Aug 2014 | 12 Years 3 Months | As last reported |
| Taru Mardia | Director | 30 Apr 2015 | 11 Years 6 Months | As last reported |
| Abhaya Kumar Srisrimal Also directs: Shasun Enterprises LLP, Abusha Investment & Management Services LLP, Amuda Capital Services LLP and 5 more | Managing Director | 19 Apr 1976 | 50 Years 6 Months | As last reported |
| Kannan Ramamirtham Also directs: New Leaf Educational Products Private Limited, PTC Cables Pvt Ltd, Lakecity Ventures Private Limited and 5 more | Director | 30 Jul 2010 | 16 Years 3 Months | As last reported |
| Vimal Kumar Srisrimal | Whole-Time Director | 26 Jun 1985 | 41 Years 4 Months | As last reported |
| Narayanaswamy Subramanian Also directs: Cella Space Limited, Iec Fabchem Limited | Director | 19 Aug 2011 | 15 Years 2 Months | As last reported |
Peer comparison
Shasun Pharmaceuticals Limited is compared with the 10 companies closest to it by revenue in the Pharma industry (Contract Research, Formulations, Pharmaceuticals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Synthimed Labs Private Limited | ₹1,478.44 Cr (FY 2025) | 25706.0% | Chandigarh, India | |||
| Onesource Specialty Pharma Limited | ₹1,462.33 Cr (FY 2025) | 730.0% | Thane, Maharashtra, India | |||
| Par Formulations Private Limited | ₹1,462.09 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Encube Ethicals Private Limited | ₹1,369 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Arch Pharmalabs Limited | ₹1,344.16 Cr (FY 2023) | 2.0% | Mumbai, Maharashtra, India | |||
| Shasun Pharmaceuticals Limitedthis company | ₹1,328.86 Cr (FY 2015) | 8.0% | Chennai, Tamil Nadu, India | |||
| Shilpa Medicare Limited | ₹1,309.57 Cr (FY 2025) | 13.0% | Raichur, Karnataka, India | |||
| GVK Davix Technologies Private Limited | ₹1,300.18 Cr (FY 2021) | 24.0% | Hyderabad, Telangana, India | |||
| Sentiss Pharma Private Limited | ₹1,262.74 Cr (FY 2025) | 43.0% | New Delhi, Delhi, India | |||
| Elder Pharmaceuticals Limited | ₹1,259.31 Cr (FY 2013) | 25.0% | Mumbai, Maharashtra, India | |||
| Innova Captab Limited | ₹1,255.72 Cr (FY 2025) | 15.0% | Thane, Maharashtra, India |
To see the full peer comparison of Shasun Pharmaceuticals Limited, buy the company report.
Deals & funding
Shasun Pharmaceuticals Limited has 17 deals on record (12 market trades, 3 acquisitions, 2 funding rounds), with disclosed funding of ₹71.34 Cr; the latest was in September 2014.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Acquisition | ₹1,357.54 Cr | Buyer: Strides Pharma Science Limited |
| Mar 2014 | Acquisition | ₹91.54 Cr | Buyer: Alivira Animal Health Limited Seller: Shasun Pharmaceuticals Limited |
| Feb 2012 | Market trade | ₹17.32 Cr | Buyer: NBN Fintrade Private Limited , an individual Seller: Om Kedar Investments, NBN Fintrade Private Limited |
| Apr 2010 | Market trade | ₹1.69 Cr | Buyer: NBN Fintrade Private Limited |
| May 2005 | Market trade | ₹1.88 Cr | Buyer: Sbi Funds Management Limited Seller: Tata Td Trustee Company P |
To see the full deal history of Shasun Pharmaceuticals 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
Shasun Pharmaceuticals Limited has 22 court cases on record: 14 filed by Shasun Pharmaceuticals, 8 filed against it. 1 case is pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 4 | 1 |
| District courts | 6 | 4 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Strides Shasun Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| Madras High Court | Appeal | Filed against the company by an individual | Disposed |
| District court, Silvassa, DNH at Silvasa | Court case (Spl. Case Drug Cosm.) | Filed against the company by Union of India, Cdsco, Through Shri. Akash R Kondalkar, Drug Inspector. | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by individuals | Disposed |
To see the full case history of Shasun Pharmaceuticals 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 Shasun Pharmaceuticals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shasun Pharmaceuticals has 16 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shasun Pharmaceuticals Limited, buy the company report.
Recent activity
Shasun Pharmaceuticals Limited has 36 board changes on record since 1976: 23 appointments and 13 cessations. The latest: Taru Mardia was appointed as Director on 30 Apr 2015.
27 earlier events are in the company report.
Frequently asked questions
Shasun Pharmaceuticals has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Shasun Pharmaceuticals was a public limited company based in Chennai, Tamil Nadu, India. The company worked in pharma contract r and d, within the pharma industry. It was incorporated on 19 April 1976 and is registered under CIN L24117TN1976PLC007122. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Shasun Pharmaceuticals was incorporated on 19 April 1976. It is registered with the Registrar of Companies, Chennai.
Shasun Pharmaceuticals had 10 directors and KMP:
- Abhaya Kumar Srisrimal - Managing Director
- Vimal Kumar Srisrimal - Whole-Time Director
- Shankarlal Devendra - Whole-Time Director
- Arun Chadra Karmakar - Director
- Taru Mardia - Director
- Kannan Ramamirtham - Director
- Narayanaswamy Subramanian - Director
- Rangaswamy Sundararajan - Director
- Sunny Sharma - Director
- Subramanian Hariharan - Cfo
The CIN (Corporate Identification Number) of Shasun Pharmaceuticals is L24117TN1976PLC007122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shasun Pharmaceuticals is recorded as a listed company by MCA, but its shares were delisted from BSE on 20 Apr 2016 · merger, and no longer trade on a stock exchange.
The registered office of Shasun Pharmaceuticals is at The Batra Centre Old No.28 Sardar Patel Road Guindy, Chennai, Tamil Nadu, India – 600032.
Shasun Pharmaceuticals can be reached through the website shasun.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Shasun Pharmaceuticals on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 12 August 2015. Year-wise statements from 2015 are in the company report.
No. Shasun Pharmaceuticals has 16 GST registrations on record and all of them are cancelled or inactive.
Shasun Pharmaceuticals operated in the pharma industry, in the pharma contract r and d segment.
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