About Thrift Pharmaceuticals Private Limited
Data last updated: 20 December 2025
Thrift Pharmaceuticals Private Limited is a private limited company based in Baroda, Gujarat, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 18 July 1996, the company has been in operation for over 30 years.
Registered with ROC Ahmedabad under CIN U24231GJ1996PTC030237.
Capital: an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Manav Singh and Meenu Singh.
Last AGM: 29 September 2024. Financial statements filed for year ended 31 March 2024. Office: 606 Basidhar Complexopp Polo Ground, Baroda, Gujarat, India – 394220.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.95 Cr, a growth of 11% compared to the previous year.
The company has a workforce of approximately 42 employees as per the latest available data.
The company is associated with 2 brands - Thrift Pharmaceuticals, Thrift Pharmaceuticals. As per MCA filings, the company has open charges of ₹40 Lakh and satisfied charges of ₹50 Lakh 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 thriftpharmaceuticals.com.
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Registered Address606 Basidhar Complexopp Polo Ground, Baroda, Gujarat, India – 394220
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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
Associated Brands with Thrift Pharmaceuticals Private Limited
Thrift Pharmaceuticals Private Limited operates two associated brands: THRIFT PHARMACEUTICALS and Thrift Pharmaceuticals. These brands represent Thrift Pharmaceuticals Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides web hosting, website migration, and WordPress installation for users. | thriftpharma.com | |
| Pharmaceutical manufacturing, marketing, and medical supplies distribution services. | thriftpharmaceuticals.com |
Competitors & Alternatives of Thrift Pharmaceuticals Private Limited
Brands and companies operating in the same space as Thrift Pharmaceuticals Private Limited include Nephron Pharmaceuticals, Suanfarma, Enzene Biosciences and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Nephron Pharmaceuticals
|
Sterile pharmaceutical products are manufactured and contract services are provided. | Florida, Puerto Rico, United States | 1937 |
Suanfarma
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Generics, nutraceuticals, and APIs are developed by Suanfarma. | Madrid, Spain, Spain | 1993 |
Enzene Biosciences
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Company specializing in development of Biosimilars | Pune, India, India | 2006 |
Quotient Sciences
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APIs and finished dosage forms are developed and manufactured. | Nottingham, United Kingdom, United Kingdom | 1990 |
Hybio Pharmaceutical
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Polypeptide drugs and APIs are developed and manufactured. | Shenzhen, China, China | 1998 |
Aiolos Bio
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Biotech company focused on developing innovative therapies for respiratory diseases and immune conditions | Boston, United States, United States | 2023 |
Kardigan
|
Biotech company developing personalized medicines for cardiovascular diseases | San Francisco, United States, United States | 2023 |
AmbioPharm
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CDMO and analytical services for peptide development are provided. | North Augusta, United States, United States | 2006 |
Business Activity of Thrift Pharmaceuticals Private Limited
Thrift Pharmaceuticals Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 Thrift Pharmaceuticals Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Thrift Pharmaceuticals Private Limited
Thrift Pharmaceuticals Private Limited is audited by PRAVEEN BANSAL & 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 |
|---|---|---|---|
| PRAVEEN BANSAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Thrift Pharmaceuticals Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Thrift Pharmaceuticals Private Limited
Thrift Pharmaceuticals Private Limited is currently managed by 3 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Manav Singh
Also directs:
Cavendish Bio Pharma Private Limited
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Director | 15 May 2013 | 13 Years 3 Months | Current |
| Meenu Singh | Director | 15 Feb 2022 | 4 Years 6 Months | Current |
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Jagminder Singh
Also directs:
Cavendish Bio Pharma Private Limited
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Director | 01 Aug 1996 | 30 Years 0 Months | Current |
Financials of Thrift Pharmaceuticals Private Limited FY 2024 filings available
Thrift Pharmaceuticals Private Limited reported revenue of ₹24.95 Cr (up 11.00% YoY) for FY 2024.
Ten-year financial statements for Thrift Pharmaceuticals Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Thrift Pharmaceuticals Private Limited
Shareholding and ownership data for Thrift Pharmaceuticals Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Thrift Pharmaceuticals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2015 | Yes Bank Limited | ₹40 Lakh | Open |
| 12 Jun 2013 | Punjab National Bank | ₹50 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Thrift Pharmaceuticals Private Limited
Thrift Pharmaceuticals Private Limited has a workforce of 42 employees as of Apr 09, 2024.
Employee and EPFO history for Thrift Pharmaceuticals Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Thrift Pharmaceuticals Private Limited
GST registrations and filing compliance for Thrift Pharmaceuticals Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Thrift Pharmaceuticals Private Limited
Credit ratings, litigation, and regulatory alerts for Thrift Pharmaceuticals Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Thrift Pharmaceuticals Private Limited
MSME payment history for Thrift Pharmaceuticals Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Thrift Pharmaceuticals Private Limited
Corporate group structure for Thrift Pharmaceuticals Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Thrift Pharmaceuticals Private Limited
MCA filings and documents for Thrift Pharmaceuticals Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Thrift Pharmaceuticals Private Limited
Frequently Asked Questions about Thrift Pharmaceuticals Private Limited
Thrift Pharmaceuticals Private Limited is an active private limited company in the pharma sector based in Baroda, Gujarat, India. It was incorporated on 18 July 1996 (30+ years old) and is registered under CIN U24231GJ1996PTC030237. The company has 42 employees.
Thrift Pharmaceuticals Private Limited reported revenue of ₹24.95 Cr for FY 2024 (up 11.00% YoY).
The current directors of Thrift Pharmaceuticals Private Limited are:
- Manav Singh - Director
- Meenu Singh - Director
- Jagminder Singh - Director
The primary industry of Thrift Pharmaceuticals Private Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Thrift Pharmaceuticals Private Limited can be reached at the registered office: 606 Basidhar Complexopp Polo Ground, Baroda, Gujarat, India – 394220, or through the website thriftpharmaceuticals.com.
The authorised capital is ₹30 Lakh, and the paid-up capital is ₹30 Lakh.