MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-30-0002408
Spinach Pharma Private Limited
Spinach Pharma Private Limited - pharma in Develapuram Village, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.23 Cr
▲ 302% YoY
Net loss · FY 2023
₹26.37 Lakh
Net margin -21.4%
EBITDA · FY 2023
₹64.9 Lakh
EBITDA margin 52.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹3.8 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
6
As per MCA filings
About Spinach Pharma Private Limited
Data last updated:
Spinach Pharma Private Limited is a private limited company based in Develapuram Village, Tamil Nadu, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24233TN2013PTC093187. Its GSTIN is 33AATCS7490Q2Z6 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Natarajan Panneer Selvam and Ettya Gounder Venkatesan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 1/282 Ramachandrapura Road, Develapuram Village, Tamil Nadu, India – 635802.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹26.37 Lakh (net margin -21.4%) and EBITDA of ₹64.9 Lakh (EBITDA margin 52.6%). Revenue has grown at a compounded annual rate (CAGR) of 348% over three years.
As per MCA filings, the company has open charges of ₹3.8 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Spinach Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-30-0002408). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24233TN2013PTC093187
Registration Number 093187
Incorporation Date 30 September 2013
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-30-0002408
Key People
Natarajan Panneer Selvam Director Ettya Gounder Venkatesan Director Cheyyanur Venugopalapillai Kesavamurthy Director Recognitions & Rankings of Spinach Pharma
Contact details
Spinach Pharma Private Limited's registered office is in Develapuram Village, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 1/282 Ramachandrapura Road, Develapuram Village, Tamil Nadu, India – 635802
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Spinach Pharma Private Limited, buy the company report.
Comprehensive company report
Spinach Pharma Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Spinach Pharma is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Spinach Pharma Private Limited, buy the company report.
Financials of Spinach Pharma Private Limited
FY 2023 filings availableSpinach Pharma Private Limited reported revenue of ₹1.23 Cr (up 302% YoY) for FY 2023.
Revenue · FY 2023
₹1.23 Cr ▲ 302%
Net loss · FY 2023
₹26.37 Lakh margin -21.4%
EBITDA · FY 2023
₹64.9 Lakh margin 52.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 302%
3 years · compounded
▲ 348%
EBITDA CAGR growth
3 years · compounded
▲ 130%
5 years · compounded
▲ 114%
Revenue has grown at a compounded annual rate (CAGR) of 348% over three years, including 302% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹64.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26.37 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.6% | ||||
| Net Profit Margin | -21.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Spinach Pharma Private Limited, buy the company report.
Board of directors of Spinach Pharma Private Limited
Spinach Pharma has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natarajan Panneer Selvam | Director | 01 Sep 2014 | 12 Years 1 Months | Current |
| Ettya Gounder Venkatesan Also directs: Reach Today Media Private Limited | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Cheyyanur Venugopalapillai Kesavamurthy | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Kalipillai Mahalingam Shanmugam | Director | 01 Sep 2014 | 12 Years 1 Months | Current |
| Kesava Murthy Malarselvi | Additional Director | 10 Nov 2025 | 0 Years 11 Months | Current |
| Panneerselvam Suguna | Additional Director | 10 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Spinach Pharma Private Limited is audited by K RAMKUMAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K RAMKUMAR & CO | FY 2017 | 002830S |
Shareholding
The shareholding of Spinach Pharma Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spinach Pharma Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2015 | 10611453 | Andhra Bank | ₹3.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Spinach Pharma Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Rasayan Trading Company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by an individual | Disposed |
| District court, Vellore, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Andhara Bank Now Union Bank of India Represented by Its Authorised Officer | Disposed |
To see the full case history of Spinach Pharma 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 Spinach Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spinach Pharma has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AATCS7490Q2Z6 | Tamil Nadu | Active | 11 Jul 2017 |
To see the full GST registrations and return filing status of Spinach Pharma Private Limited, buy the company report.
Recent activity
Spinach Pharma Private Limited has 6 board changes on record since 2013: 6 appointments. The latest: Kesava Murthy Malarselvi was appointed as Additional Director on 10 Nov 2025.
Appointed
Kesava Murthy Malarselvi was appointed as Additional Director.
Appointed
Panneerselvam Suguna was appointed as Additional Director.
AGM
Spinach Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Spinach Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Andhra Bank amounted to Rs. 3.80 Cr with Charge ID 10611453 was registered on 19 Oct 2015.
Appointed
Kalipillai Mahalingam Shanmugam was appointed as Director.
Appointed
Natarajan Panneer Selvam was appointed as Director.
Appointed
Cheyyanur Venugopalapillai Kesavamurthy was appointed as Director.
Appointed
Ettya Gounder Venkatesan was appointed as Director.
Incorporation
30 Sep 2013
Spinach Pharma Private Limited was registered on 30 Sep 2013 with Roc Chennai & aged 13 years 1 month as per MCA records.
Frequently asked questions
Spinach Pharma is an active private limited company based in Develapuram Village, Tamil Nadu, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 September 2013 (13+ years old) and is registered under CIN U24233TN2013PTC093187.
Spinach Pharma has 6 current directors:
- Natarajan Panneer Selvam - Director
- Ettya Gounder Venkatesan - Director
- Cheyyanur Venugopalapillai Kesavamurthy - Director
- Kalipillai Mahalingam Shanmugam - Director
- Kesava Murthy Malarselvi - Additional Director
- Panneerselvam Suguna - Additional Director
The latest financial statements of Spinach Pharma on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Spinach Pharma is 33AATCS7490Q2Z6, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Spinach Pharma is U24233TN2013PTC093187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spinach Pharma has 3 court cases on record: 3 filed against it.
Spinach Pharma was incorporated on 30 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
Kesava Murthy Malarselvi was appointed as Additional Director on 10 Nov 2025. Panneerselvam Suguna was appointed as Additional Director on 10 Nov 2025. Kalipillai Mahalingam Shanmugam was appointed as Director on 01 Sep 2014. Spinach Pharma has 6 board changes on record in total.
Yes, Spinach Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-30-0002408).
The registered office of Spinach Pharma is at No 1282 Ramachandrapura Road, Develapuram Village, Tamil Nadu, India – 635802.
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