About Shwet Biotech Private Limited
Data last updated:
Shwet Biotech Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 25 October 2010.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2010PTC209411. Its GSTIN is 27AAOCS9238H1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Kala Agarwal (Irp/Rp/Liquidator) and Anita Chiranjivi Singh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C – 008 Raj Nagr Chs Ltd Dahisar East Opp Gulfarm Hotel, Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.1 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹4.64 Lakh (net margin 1.5%) and EBITDA of ₹10.49 Lakh (EBITDA margin 3.4%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹1.25 Cr on record. Court records list 36 cases involving the company, including 10 filed by the company and 26 filed against it; 11 cases are pending.
The last known website on record is shwetbiotech.com.
Company details
Contact details
Shwet Biotech Private Limited's registered office is in Mumbai, Maharashtra. Its website is shwetbiotech.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC – 008 Raj Nagr Chs Ltd Dahisar East Opp Gulfarm Hotel, Mumbai, Maharashtra, India – 400068
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Shwet Biotech 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
Business activity
The main business activity of Shwet Biotech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| 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 |
To see the full business activity and turnover split of Shwet Biotech Private Limited, buy the company report.
Financials of Shwet Biotech Private Limited
FY 2021 filings availableShwet Biotech Private Limited reported revenue of ₹3.1 Cr (up 10% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA fell 16% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.1 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.64 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shwet Biotech Private Limited, buy the company report.
Board of directors of Shwet Biotech Private Limited
Shwet Biotech has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kala Agarwal | Irp/Rp/Liquidator | 13 May 2024 | 2 Years 5 Months | As last reported |
| Anita Chiranjivi Singh | Director | 05 Oct 2012 | 14 Years 0 Months | As last reported |
| Hiral Harishkumar Pandya | Director | 10 Jul 2017 | 9 Years 3 Months | As last reported |
Peer comparison
Shwet Biotech Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| Crassula Pharmaceuticals Private Limited | ₹3.11 Cr (FY 2025) | 87.0% | Indore, Madhya Pradesh, India | |||
| Talin Remedies Private Limited | ₹3.11 Cr (FY 2025) | -9.0% | Amritsar, Punjab, India | |||
| Skylark Pharmaceuticals Private Limited | ₹3.11 Cr (FY 2024) | -40.0% | Ankleshwar, Gujarat, India | |||
| Amr Pharma India Private Limited | ₹3.11 Cr (FY 2019) | 158.0% | Chennai, Tamil Nadu, India | |||
| Shwet Biotech Private Limitedthis company | ₹3.1 Cr (FY 2021) | ₹4.64 Lakh | 1.5% | 10.0% | Mumbai, Maharashtra, India | |
| Medinok Healthcare Private Limited | ₹3.1 Cr (FY 2025) | -25.0% | Puducherry, India | |||
| Nimeru Healthcare and Cosmetics Private Limited | ₹3.08 Cr (FY 2025) | -30.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Shwet Biotech Private Limited, buy the company report.
Auditor
Shwet Biotech Private Limited is audited by R B SINGH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R B SINGH & ASSOCIATES | FY 2021 | 137036W |
Shareholding
The shareholding of Shwet Biotech Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shwet Biotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2014 | 10484142 | Union Bank of India | ₹1.25 Cr | Open |
To see the full charge records of Shwet Biotech Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Shwet Biotech Private Limited has 36 court cases on record: 10 filed by Shwet Biotech, 26 filed against it. 11 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 21 | 10 |
| High courts | 7 | 1 | 1 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (SMST R) | Filed against the company by Gulkas Pharma Private Limited | Pending |
| Bombay High Court | Court case (COMEX) | Filed against the company by Intec Capital Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Union Bank of India Through Its Authorized Officer Mr Jeetendra Natoo | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S Intec Capital Ltd | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Intec Capital Limited | Disposed |
To see the full case history of Shwet Biotech 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
No delayed payments to MSME suppliers are on our record for Shwet Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shwet Biotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS9238H1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shwet Biotech Private Limited, buy the company report.
Recent activity
Shwet Biotech Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Kala Agarwal was appointed as Irp/Rp/Liquidator on 13 May 2024.
1 earlier event is in the company report.
Frequently asked questions
Shwet Biotech is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Shwet Biotech is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 25 October 2010 and is registered under CIN U24100MH2010PTC209411. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shwet Biotech has 3 current directors:
- Anita Chiranjivi Singh - Director
- Hiral Harishkumar Pandya - Director
- Kala Agarwal - Irp/Rp/Liquidator
The latest financial statements of Shwet Biotech on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shwet Biotech is U24100MH2010PTC209411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shwet Biotech has open charges of ₹1.25 Cr and no satisfied charges on record as per latest MCA filings.
Shwet Biotech has 36 court cases on record: 10 filed by the company and 26 filed against it. 11 are pending. Most are in the district courts.
Shwet Biotech was incorporated on 25 October 2010. It is registered with the Registrar of Companies, Mumbai.
The peers of Shwet Biotech by revenue are Crassula Pharmaceuticals Private Limited, Talin Remedies Private Limited, Skylark Pharmaceuticals Private Limited, Amr Pharma India Private Limited, Medinok Healthcare Private Limited and 1 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Kala Agarwal was appointed as Irp/Rp/Liquidator on 13 May 2024. Sunil Kukreja ceased to be Additional Director on 26 Apr 2018. Hiral Harishkumar Pandya ceased to be Additional Director on 22 Sep 2017. Shwet Biotech has 8 board changes on record in total.
Shwet Biotech can be reached through the website shwetbiotech.com. Its registered office is in Mumbai, Maharashtra, India.
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