About Strides Alathur Private Limited
Data last updated:
Strides Alathur Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India, operated as a subsidiary of Strides Pharma Science Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 20 February 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24304MH2017PTC348859. Its GSTIN is 33AAFCV7728J1ZZ (Tamil Nadu). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.27 Cr. It was formerly known as Vivimed Life Sciences Private Limited. It was led by directors including Umesh Pralhadrao Kale and Vikesh Kumar.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 201 Devavrata Sector 17 Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2024, the company reported a revenue of ₹130.91 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹20.66 Cr (net margin -15.8%) and EBITDA of -₹1.92 Cr (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company had about 289 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Vivimed Labs and Strides Pharma Science. As per MCA filings, the company had open charges of ₹62 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹65.86 Cr; the latest was in March 2019. Its 10 peer companies in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 5 smaller; the largest is Shalimar Incense Private Limited with revenue of ₹131.24 Cr.
The last known website on record is strides.com.
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- Website
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- Registered Address201 Devavrata Sector 17 Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Strides Alathur Private Limited
The main business activity of Strides Alathur 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
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.
Financials of Strides Alathur Private Limited FY 2024 filings available
Strides Alathur Private Limited reported revenue of ₹130.91 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Strides Alathur Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 19% growth in the latest year. EBITDA rose 83% 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 of Strides Alathur Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.92 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.66 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Strides Alathur Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Strides Alathur are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Strides Alathur Private Limited
Strides Alathur Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shalimar Incense Private Limited | ₹131.24 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Shree Chlorates Private Limited | ₹131.24 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Indore, Madhya Pradesh, India |
| Shri Krishna Detchem Private Limited | ₹131.2 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Regi India Cosmetics Private Limited | ₹130.99 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Oan Industries Limited | ₹130.92 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Jaipur, Rajasthan, India |
| Strides Alathur Private Limited this company | ₹130.91 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Navi Mumbai, Maharashtra, India |
| Meso Private Limited | ₹130.82 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| B E C Chemicals Private Limited | ₹130.65 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Dic Ideal Private Limited | ₹130.59 Cr (FY 2019) | •••• | •••• | 22.0% | •••• | Thane, Maharashtra, India |
| Prathibha Biotech Private Limited | ₹130.44 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Hyderabad, Telangana, India |
| Isagro (Asia) Agrochemicals Private Limited | ₹130.4 Cr (FY 2021) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Strides Alathur by revenue in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Strides Alathur Private Limited
Strides Alathur Private Limited is audited by GNANOBA & BHAT for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GNANOBA & BHAT | Locked | Locked | Locked |
Complete auditor history
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 Strides Alathur Private Limited
Strides Alathur has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Pralhadrao Kale | Director | 20 Feb 2019 | 7 Years 7 Months | As last reported |
| Vikesh Kumar Also directs: Strides Pharma Science Limited | Director | 20 Feb 2019 | 7 Years 7 Months | As last reported |
| Venkata Seetharama Raju Pakalapati | Director | 25 Apr 2024 | 2 Years 5 Months | As last reported |
Ownership and Shareholding of Strides Alathur Private Limited
Shareholding and ownership data
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 Strides Alathur Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2022 | Yes Bank Limited | ₹30 Cr | Open |
| 23 Mar 2022 | Others | ₹8 Cr | Open |
| 06 Nov 2017 | Others | ₹24 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Strides Alathur Private Limited
Strides Alathur Private Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹65.86 Cr; the latest was in March 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Strides Pharma Science Limited , Strides Pharma Science Limited & Sandeep Varalwar Seller: Vivimed Labs Limited , Vivimed Labs Limited & Sandeep Varalwar |
| Jun 2017 | Funding round | ₹65.86 Cr | Investors: Strides Pharma Science Limited |
| May 2017 | Acquisition | ₹14.12 Cr | Buyer: Vivimed Labs Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Strides Alathur Private Limited
Strides Alathur Private Limited has 2 court cases on record: 1 filed by Strides Alathur, 1 filed against it. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Parle Tableting Technologies Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Assessing Authority National Faceless Assessment Centre | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Strides Alathur Private Limited
Strides Alathur operates two associated brands: Vivimed Labs and Strides Pharma Science. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Active pharmaceutical ingredients, formulations, and specialty chemicals are manufactured. | vivimedlabs.com | |
| Generic, semi-solid, and liquid dosage forms are manufactured. | strides.com |
Employees and EPFO Compliance at Strides Alathur Private Limited
Strides Alathur Private Limited has a workforce of 289 employees as of Mar 29, 2024.
Employee and EPFO history
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.
CIN History of Strides Alathur Private Limited
Strides Alathur has one previous CIN (Corporate Identification Number): U24304TG2017PTC115352. The current CIN is U24304MH2017PTC348859, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24304MH2017PTC348859 | Current |
| U24304TG2017PTC115352 | Previous |
News related to Strides Alathur Private Limited
Recent Activity on Strides Alathur Private Limited
Strides Alathur Private Limited has 11 board changes on record since 2017: 7 appointments and 4 cessations. The latest: Venkata Seetharama Raju Pakalapati was appointed as Director on 25 Apr 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Strides Alathur Private Limited
Credit ratings, litigation, and regulatory alerts
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 Strides Alathur Private Limited
MSME payment history
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 Strides Alathur Private Limited
Corporate group structure
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.
GST Compliance of Strides Alathur Private Limited
Strides Alathur has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCV7728J1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
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.
MCA Filings & Documents of Strides Alathur Private Limited
MCA filings and documents
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.
Frequently Asked Questions about Strides Alathur Private Limited
Strides Alathur has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Strides Alathur was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 20 February 2017 and is registered under CIN U24304MH2017PTC348859. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Strides Alathur was incorporated on 20 February 2017. It is registered with the Registrar of Companies, Mumbai.
Strides Alathur had 3 directors:
- Umesh Pralhadrao Kale - Director
- Vikesh Kumar - Director
- Venkata Seetharama Raju Pakalapati - Director
The CIN (Corporate Identification Number) of Strides Alathur is U24304MH2017PTC348859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Strides Alathur is at 201 Devavrata Sector 17 Vashi, Navi Mumbai, Maharashtra, India – 400703.
Strides Alathur can be reached through the website strides.com. Its registered office is in Navi Mumbai, Maharashtra, India.
Strides Alathur reported revenue of ₹130.91 Cr for FY 2024 (up 19% YoY).
Strides Alathur has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.27 Cr.
Strides Alathur reported a net loss of ₹20.66 Cr (net margin -15.8%) and EBITDA of -₹1.92 Cr (EBITDA margin -1.5%) for FY 2024, as per its filed financial statements.
The GSTIN of Strides Alathur is 33AAFCV7728J1ZZ, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.