Spectrum Formulation Private Limited
About Spectrum Formulation Private Limited
Data last updated:
Spectrum Formulation Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 05 May 2005, the company has been in operation for over 21 years.
Registered with ROC Gwalior under CIN U74140MP2005PTC017577.
Capital: an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr. Formerly known as Visharad Distibutor Private Limited and Spectrum Formulation Private Limited. It is led by directors including Harsh Aggarwal and Shubham Gupta.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.18 Cr, a growth of 23% compared to the previous year.
The company has a workforce of approximately 22 employees as per the latest available data.
The company is associated with 1 brand - Spectrum Formulation. As per MCA filings, the company has open charges of ₹9.42 Cr and satisfied charges of ₹7.62 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No. 305 3Rd Floor Satguru Parinay, 5Pu – 3 Scheme No 54 A.B. Road, Indore, Madhya Pradesh, India – 452010
- IndustryPharma, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Spectrum Formulation
Spectrum Formulation has undergone 3 name changes throughout its history. The company was previously known as Visharad Distibutor Private Limited, Spectrum Formulation Private Limited, and Visharad Formulation Private Limited. The current legal name is Spectrum Formulation Private Limited.
| Company Name | Status |
|---|---|
| Spectrum Formulation Private Limited | Current |
| Visharad Distibutor Private Limited | Previous |
| Visharad Formulation Private Limited | Previous |
Associated Brands with Spectrum Formulation
Spectrum Formulation operates one associated brand: Spectrum Formulation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing, supplying, and distributing pharmaceutical products in India. | spectrumformulation.com |
Business Activity of Spectrum Formulation
The main business activity of Spectrum Formulation is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Spectrum Formulation Private Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Spectrum Formulation
Spectrum Formulation Private Limited is audited by R. Tayal & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. Tayal & Associates | Locked | Locked | Locked |
Complete auditor history for Spectrum Formulation Private Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spectrum Formulation Private Limited
Spectrum Formulation has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Aggarwal Also directs: Atlantis Lifesciences Private Limited | Director | 11 Nov 2022 | 3 Years 10 Months | Current |
| Shubham Gupta | Director | 03 Jan 2023 | 3 Years 8 Months | Current |
| Anurag Aggarwal | Director | 11 Nov 2022 | 3 Years 10 Months | Current |
Financials of Spectrum Formulation Private Limited FY 2025 filings available
Spectrum Formulation Private Limited reported revenue of ₹42.18 Cr (up 23.00% YoY) for FY 2025.
Ten-year financial statements for Spectrum Formulation Private Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Spectrum Formulation
Shareholding and ownership data for Spectrum Formulation Private Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spectrum Formulation
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2024 | Axis Bank Limited | ₹2.2 Cr | Open |
| 15 May 2024 | Axis Bank Limited | ₹2.7 Cr | Open |
| 28 May 2021 | Axis Bank Limited | ₹4.52 Cr | Open |
| 28 May 2021 | Axis Bank Limited | ₹50 Lakh | Satisfied |
| 28 May 2021 | Axis Bank Limited | ₹31.07 Lakh | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Spectrum Formulation
Spectrum Formulation Private Limited has a workforce of 22 employees as of Oct 10, 2025.
Employee and EPFO history for Spectrum Formulation Private Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Spectrum Formulation
GST registrations and filing compliance for Spectrum Formulation Private Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Spectrum Formulation
Credit ratings, litigation, and regulatory alerts for Spectrum Formulation Private Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Spectrum Formulation
MSME payment history for Spectrum Formulation Private Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spectrum Formulation
Corporate group structure for Spectrum Formulation Private Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spectrum Formulation
MCA filings and documents for Spectrum Formulation Private Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Spectrum Formulation
Frequently Asked Questions about Spectrum Formulation Private Limited
Spectrum Formulation is an active private limited company in the pharma sector based in Indore, Madhya Pradesh, India. It was incorporated on 05 May 2005 (21+ years old) and is registered under CIN U74140MP2005PTC017577. The company has 22 employees.
Spectrum Formulation reported revenue of ₹42.18 Cr for FY 2025 (up 23.00% YoY).
The current directors of Spectrum Formulation are:
- Harsh Aggarwal - Director
- Shubham Gupta - Director
- Anurag Aggarwal - Director
The primary industry of Spectrum Formulation is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Spectrum Formulation can be reached at the registered office: Office No. 305 3Rd Floor Satguru Parinay, 5Pu – 3 Scheme No 54 A.B. Road, Indore, Madhya Pradesh, India – 452010.
The authorised capital is ₹1.2 Cr, and the paid-up capital is ₹1.2 Cr.