Terrace Pharmaceuticals Private Limited

Terrace Pharmaceuticals Private Limited - pharma in S.A.S.Nagar (Mohali), Punjab, India. FY 2026 financials and compliance.
CIN U24100PB2005PTC029175 Incorporated 11 November 2005 ROC Chandigarh HQ S.A.S.Nagar (Mohali), Punjab, India
Active Private Limited Company pharma
Data last updated
Revenue · FY 2024
₹40.75 Cr
▲ 39.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹32.75 Cr
Satisfied ₹3 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
5
Latest available

About Terrace Pharmaceuticals Private Limited

Data last updated: 23 December 2025

Terrace Pharmaceuticals Private Limited is a private limited company based in S.A.S.Nagar (Mohali), Punjab, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 11 November 2005, the company has been in operation for over 21 years.

Registered with ROC Chandigarh under CIN U24100PB2005PTC029175.

Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Gauri Shankar and Robin Chopra.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: S.A.S.Nagar (Mohali), Punjab.

As per the financials filed for FY 2024, the company reported a revenue of ₹40.75 Cr, a growth of 39% compared to the previous year.

The company has a workforce of approximately 5 employees as per the latest available data.

The company is associated with 1 brand - Terrace Pharmaceuticals. As per MCA filings, the company has open charges of ₹32.75 Cr and satisfied charges of ₹3 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website terracepharma.com.

Company Details of Terrace Pharmaceuticals Private Limited
CIN U24100PB2005PTC029175
Registration Number 029175
Incorporation Date 11 November 2005
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. E 141, Phase 7 Industrial Focal Point, S.A.S.Nagar (Mohali), Punjab, India – 160055
  • Industry
    Pharma, Drug Formulation & Development
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Financials, compliance, directors, charges, ownership and filings for Terrace Pharmaceuticals Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Terrace Pharmaceuticals Private Limited

Terrace Pharmaceuticals Private Limited has one previous CIN (Corporate Identification Number): U00305PB2005PTC029175. The current CIN is U24100PB2005PTC029175, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U24100PB2005PTC029175 Current
U00305PB2005PTC029175 Previous

Associated Brands with Terrace Pharmaceuticals Private Limited

Terrace Pharmaceuticals Private Limited operates one associated brand: Terrace Pharmaceuticals. These brands represent Terrace Pharmaceuticals Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Manufactures pharmaceutical products and operates divisions for national distribution in India. terracepharma.com

Competitors & Alternatives of Terrace Pharmaceuticals Private Limited

Brands and companies operating in the same space as Terrace Pharmaceuticals Private Limited include Jubilant Life Sciences, Akums, Nectar Lifesciences and 5 more.

Competitor Description Location Founded
Jubilant Life Sciences Jubilant Life Sciences Company offering a suite of R&D and manufacturing services for small molecules and generics Noida, India, India 1978
Akums Akums CDMO focusing on spectrum of dosage forms and therapeutic segments Delhi, India, India 2004
Nectar Lifesciences Nectar Lifesciences Cephalosporin APIs and generic formulations are manufactured. Chandigarh, India, India 1995
Windlas Windlas Biopharma regulatory affairs, quality control, and strategy services are provided. Gurugram, India, India 2001
Unither Unither Contract development and manufacturing organization for proprietary and generic drugs Paris, France, France 1993
Recipharm Recipharm Pharmaceutical development and manufacturing services are offered contractually. Jordbro, Sweden, Sweden 1995
CoreRx CoreRx CDMO with a focus on early phase drug product development Clearwater, United States, United States 2006
MedPharm MedPharm Topical and inhaled drug delivery formulations are developed and manufactured. Guildford, United Kingdom, United Kingdom 1998

Business Activity of Terrace Pharmaceuticals Private Limited

Terrace Pharmaceuticals Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading Locked
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Business activity turnover details for Terrace Pharmaceuticals Private Limited

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Auditor Details of Terrace Pharmaceuticals Private Limited

Terrace Pharmaceuticals Private Limited is audited by MANDHAR AND ASSOCIATES for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
MANDHAR AND ASSOCIATES Locked Locked Locked
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Complete auditor history for Terrace Pharmaceuticals Private Limited

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Board of Directors of Terrace Pharmaceuticals Private Limited

Terrace Pharmaceuticals Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Gauri Shankar Director 12 Oct 2022 3 Years 9 Months Current
Robin Chopra Director 17 Dec 2019 6 Years 7 Months Current
Parveen Kumar Director 14 Mar 2023 3 Years 4 Months Current

Financials of Terrace Pharmaceuticals Private Limited FY 2024 filings available

Terrace Pharmaceuticals Private Limited reported revenue of ₹40.75 Cr (up 39.00% YoY) for FY 2024.

Revenue · FY 2024
₹40.75 Cr ▲ 39.00%
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Ten-year financial statements for Terrace Pharmaceuticals Private Limited

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Ownership and Shareholding of Terrace Pharmaceuticals Private Limited

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Shareholding and ownership data for Terrace Pharmaceuticals Private Limited

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Charges & Borrowings of Terrace Pharmaceuticals Private Limited

Open charges
₹32.75 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Others₹12.18 Cr
Hdfc Bank Limited₹10.62 Cr
Axis Bank Limited₹9.95 Cr
Latest charge details
DateLenderAmountStatus
18 Oct 2023 Axis Bank Limited ₹9.95 Cr Open
03 Mar 2022 Hdfc Bank Limited ₹10.62 Cr Open
13 Jul 2020 Others ₹1.38 Cr Open
31 Jul 2014 Others ₹10.8 Cr Open
30 Jun 2011 Punjab National Bank ₹3 Cr Satisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Terrace Pharmaceuticals Private Limited

Terrace Pharmaceuticals Private Limited has a workforce of 5 employees as of Mar 29, 2025.

Employee count
5
Active EPFO establishments
2
Employee growth
-94.85%
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Employee and EPFO history for Terrace Pharmaceuticals Private Limited

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GST Compliance of Terrace Pharmaceuticals Private Limited

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GST registrations and filing compliance for Terrace Pharmaceuticals Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Terrace Pharmaceuticals Private Limited

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Credit ratings, litigation, and regulatory alerts for Terrace Pharmaceuticals Private Limited

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MSME Payment Delays by Terrace Pharmaceuticals Private Limited

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MSME payment history for Terrace Pharmaceuticals Private Limited

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Subsidiaries & Group Companies of Terrace Pharmaceuticals Private Limited

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Corporate group structure for Terrace Pharmaceuticals Private Limited

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MCA Filings & Documents of Terrace Pharmaceuticals Private Limited

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MCA filings and documents for Terrace Pharmaceuticals Private Limited

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Recent Activity on Terrace Pharmaceuticals Private Limited

Activity
30 Sep 2024
Terrace Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Terrace Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
18 Oct 2023
A charge with Axis Bank Limited amounted to Rs. 995.00 Lakh with Charge ID 100804732 was registered on 18 Oct 2023.
Directors
14 Mar 2023
Parveen Kumar was appointed as a Director on 14 Mar 2023 & has been associated with this company since 3 years 4 months.
Directors
12 Oct 2022
Gauri Shankar was appointed as a Director on 12 Oct 2022 & has been associated with this company since 3 years 9 months.
Charges
29 Jun 2022
A charge with Others of Rs. 1,079.65 Lakh registered on 31 Jul 2014 with Charge ID 10526659 was modified on 29 Jun 2022.

Frequently Asked Questions about Terrace Pharmaceuticals Private Limited

Terrace Pharmaceuticals Private Limited is an active private limited company in the pharma sector based in S.A.S.Nagar (Mohali), Punjab, India. It was incorporated on 11 November 2005 (21+ years old) and is registered under CIN U24100PB2005PTC029175. The company has 5 employees.

Terrace Pharmaceuticals Private Limited reported revenue of ₹40.75 Cr for FY 2024 (up 39.00% YoY).

The current directors of Terrace Pharmaceuticals Private Limited are:

The primary industry of Terrace Pharmaceuticals Private Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.

Terrace Pharmaceuticals Private Limited can be reached at the registered office: Plot No. E 141, Phase 7 Industrial Focal Point, S.A.S.Nagar Mohali, Punjab, India – 160055, or through the website terracepharma.com.

The authorised capital is ₹50 Lakh, and the paid-up capital is ₹50 Lakh.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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