About Shell Pharmaceuticals Private Limited
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Shell Pharmaceuticals Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ascent Health And Wellness Solutions Private Limited. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 05 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2009PTC449217. Its GSTIN is 33AANCS3235R1ZS (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Srinivasa Ramanathan Manickam and Praveen Mishra.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹16.43 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹40.7 Lakh (net margin -2.5%) and EBITDA of -₹34.1 Lakh (EBITDA margin -2.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 14% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35 Cr and satisfied charges of ₹51.45 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in June 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shellpharmaceuticals.com.
Company details
CIN history
Shell Pharmaceuticals has one previous CIN (Corporate Identification Number): U51909TN2009PTC072476. The current CIN is U51909MH2009PTC449217, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2009PTC449217 | Current |
| U51909TN2009PTC072476 | Previous |
Contact details
Shell Pharmaceuticals Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressB – 3 And B 7 1st Flr Krishna Mill Compound, Sonapur Lane Lbs Marg, Mumbai, Maharashtra, India – 400078
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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 Shell Pharmaceuticals Private Limited
FY 2025 filings availableShell Pharmaceuticals Private Limited reported revenue of ₹16.43 Cr (up 16% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹16.43 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹34.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40.7 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.1% | ||||
| Net Profit Margin | -2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shell Pharmaceuticals Private Limited, buy the company report.
Board of directors of Shell Pharmaceuticals Private Limited
Shell Pharmaceuticals has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Ramanathan Manickam | Director | 27 Feb 2023 | 3 Years 7 Months | Current |
| Rajaganesan Rajbalaji Also directs: Muthu Pharma Private Limited, Aushad Pharma Distributors Private Limited, Dial Health Drug Supplies Private Limited and 3 more | Additional Director | 16 Dec 2025 | 0 Years 10 Months | Current |
| Praveen Mishra Also directs: Muthu Pharma Private Limited, Ahwspl India Private Limited | Director | 11 Sep 2024 | 2 Years 1 Months | Current |
| Darshan Anil Haria Also directs: Rau and Co Pharma Private Limited, Muthu Pharma Private Limited, Pearl Medicals Private Limited and 2 more | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Harshal Ashok Chaudhari Also directs: Rau and Co Pharma Private Limited, Muthu Pharma Private Limited, Pearl Medicals Private Limited and 3 more | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2019 | 100298101 | Axis Bank Limited | ₹35 Cr | Satisfied | |
| 21 Nov 2017 | 100156425 | Others | ₹7.2 Cr | Satisfied | |
| 11 Jul 2017 | 100120580 | Hdfc Bank Limited | ₹4.5 Cr | Satisfied | |
| 01 Mar 2016 | 10623447 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.75 Cr | Satisfied | |
| 16 Feb 2015 | 10565084 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Shell Pharmaceuticals Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Shell Pharmaceuticals Private Limited has 3 deals on record (3 secondary share transfers); the latest was in June 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Siddharth Shah & Ascent Health and Wellness Solutions Private Limited, Ascent Helath and Wellness Solutions Private Limited Seller: 2 individuals |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Ascent Helath and Wellness Solutions Private Limited Seller: 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Shell Pharmaceuticals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shell Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shell Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AANCS3235R1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shell Pharmaceuticals Private Limited, buy the company report.
Recent activity
Shell Pharmaceuticals Private Limited has 17 board changes on record since 2013: 5 appointments and 12 cessations. The latest: Rajaganesan Rajbalaji was appointed as Additional Director on 16 Dec 2025.
18 earlier events are in the company report.
Frequently asked questions
Shell Pharmaceuticals is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 05 August 2009 (17+ years old) and is registered under CIN U51909MH2009PTC449217.
Shell Pharmaceuticals has 5 current directors:
- Srinivasa Ramanathan Manickam - Director
- Rajaganesan Rajbalaji - Additional Director
- Praveen Mishra - Director
- Darshan Anil Haria - Additional Director
- Harshal Ashok Chaudhari - Director
The latest financial statements of Shell Pharmaceuticals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shell Pharmaceuticals is 33AANCS3235R1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Shell Pharmaceuticals is U51909MH2009PTC449217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shell Pharmaceuticals was incorporated on 05 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Shell Pharmaceuticals has 3 deals on record (3 secondary share transfers); the latest was in June 2019.
Rajaganesan Rajbalaji was appointed as Additional Director on 16 Dec 2025. Darshan Anil Haria ceased to be Additional Director on 02 Sep 2025. Harshal Ashok Chaudhari ceased to be Additional Director on 02 Sep 2025. Shell Pharmaceuticals has 17 board changes on record in total.
Shell Pharmaceuticals can be reached through the website shellpharmaceuticals.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shell Pharmaceuticals is at B – 3 And B 7 1st Flr Krishna Mill Compound, Sonapur Lane Lbs Marg, Mumbai, Maharashtra, India – 400078.