Shilpa Medicare Limited - Company Profile

Q: Where is Shilpa Medicare Limited headquartered?

Shilpa Medicare Limited is headquartered at #12-6-214A1, Hyderabad Road, Raichur, Karnataka, 584135.

Q: Who are the current directors of Shilpa Medicare Limited?

The current directors of Shilpa Medicare Limited are Anita Bandyopadhyay, Alpesh Maheshkumar Dalal, Vishnukanth Chaturbhuj Bhutada, Hetal Madhukant Gandhi, Reetu Sharma, Kalakota Reddy Sharath, Om Prakash Inani, Ritu Tiwary, Ashraf Loutfy Abdelhamid Allam.

It is a pharma public limited company based in Raichur, Karnataka, India, established in 1987.

1987 Raichur, Karnataka, India Active

Last Updated: December 17, 2025

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About Shilpa Medicare Limited

Shilpa Medicare Limited, a active public limited company, was established on 20 November 1987 in Raichur, Karnataka, India. Engaging in pharma contract r&d within the manufacturing sector, it holds CIN: L85110KA1987PLC008739. Registered under ROC Roc Bangalore. it is listed on BSE: 530549 and NSE: SHILPAMED. It has an authorized capital of ₹56.00 Cr and a paid-up capital of ₹19.56 Cr.

It upholds a compliant status. In 2022, it reported revenue of ₹397.81 Cr and a net worth of ₹2,065.67 Cr. Employing 930 professional, Its leadership includes Anita Bandyopadhyay (Director), Vishnukanth Chaturbhuj Bhutada (Managing Director), Hetal Madhukant Gandhi (Director). Past directors included Carlton Gerard Pereira, Anita Bandyopadhyay, Amit Chander. It holds ₹122.80 Cr open charges and ₹1,670.23 Cr settled loans. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at #12-6-214/A1, Hyderabad Road, Raichur, Karnataka, 584135.

Company Details

CIN/LLPIN
L85110KA1987PLC008739
Registration Number
008739
Incorporation Date
20 November 1987
Authorized Capital
₹56.00 Cr
Paid-Up Capital
₹19.56 Cr
ROC Code
Roc Bangalore
Listing Status
Listed (BSE: 530549, NSE: SHILPAMED)
Company Status
Active

Key Metrics

Authorised Capital ₹ 56.00 Cr as on 17-12-2025
Paid Up Capital ₹ 19.56 Cr as on 17-12-2025
Company Age 38 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 122.80 Cr as on 17-12-2025
Satisfied Charges ₹ 1,670.23 Cr as on 17-12-2025
Revenue Growth **** -53.97% (FY 2022)
Profit Growth **** -23.54% (FY 2022)
Ebitda **** -104.04% (FY 2022)
Net Worth 26.12% (FY 2022)
Total Assets **** 17.82% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Shilpa Medicare Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Shilpa Medicare Limited?

Current Directors

Name	Designation	Appointment Date	Status
Anita Bandyopadhyay	Director	11 Aug 2022	Current
Vishnukanth Chaturbhuj Bhutada	Managing Director	01 Sep 2015	Current
Hetal Madhukant Gandhi	Director	02 Sep 2021	Current
Kalakota Reddy Sharath	Whole-Time Director	01 Oct 2019	Current
Om Prakash Inani	Director	23 Mar 1988	Current
Ashraf Loutfy Abdelhamid Allam	Director	13 Aug 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Sep 2019	Past
Pramod Abcsdd	Additional Director	28 Sep 2022	Past
Pramod Abcsdd	Additional Director	20 Sep 2019	Past
Pramod Abcsdd	Director	14 Feb 2017	Past
Pramod Abcsdd	Director	28 Sep 2022	Past
Pramod Abcsdd	Company Secretary	19 Oct 2015	Past

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Financial Performance of Shilpa Medicare.

Shilpa Medicare Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 53.97% decrease. The company also saw a substantial fall in profitability, with a 23.54% decrease in profit. The company's net worth Soared by an impressive increase of 26.12%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-53.97%

*******

Revenue from Operations

*******

-60.73%

*******

Total Assets

*******

17.82%

*******

Profit or Loss

*******

-23.54%

*******

Net Worth

*******

26.12%

*******

EBITDA

*******

-104.04%

*******

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What is the Ownership and Shareholding Structure of Shilpa Medicare?

In 2023, Shilpa Medicare had a promoter holding of 50.01% and a public holding of 49.99%. The company had 7 Subsidiaries, 2 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,228,008,125.00

Satisfied Charges

₹16,702,304,985.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 70.06 Cr
Others : 50.00 Cr
Canara Bank : 2.50 Cr
Standard Chartered Bank : 0.14 Cr
Lakshmi Vilas Bank Limited : 0.10 Cr

Latest Charge Details

Date	Lender	Amount	Status
21 Aug 2024	Others	₹50.00 Cr	Open
27 Mar 2023	Standard Chartered Bank	₹1.40 M	Open
27 Feb 2023	Axis Bank Limited	₹70.00 Cr	Open
13 Aug 2021	Axis Bank Limited	₹0.63 M	Open
11 May 2020	Canara Bank	₹1.53 M	Open

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How Many Employees Work at Shilpa Medicare?

Shilpa Medicare has a workforce of 930 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Shilpa Medicare, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shilpa Medicare's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Shilpa Medicare

Recent Activity within the Organization

Annual General Meeting

The activity Shilpa Medicare Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was completed.
23 Sep 2025
Charges

A charge registered on 04 Aug 2023 via Charge ID 100786136 with Others was fully satisfied on 03 Sep 2025. was recorded as a recent event.
03 Sep 2025
Director Appointment

Ashraf Loutfy Abdelhamid Allam was appointed as a Director was appointed as a Director on 13 Aug 2025 & has been associated with this company since 6 months 19 days . was recorded as a recent event.
13 Aug 2025
Balance Sheet

Progress on Shilpa Medicare Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.
31 Mar 2025
Charges

Progress on A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100981426 was registered on 21 Aug 2024. was documented.
21 Aug 2024
Charges

The activity A charge registered on 29 Sep 2022 via Charge ID 100618299 with Idbi Bank Limited was fully satisfied on 05 Jul 2024. was completed.
05 Jul 2024

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