About Troikaa Pharmaceuticals Limited
Data last updated:
Troikaa Pharmaceuticals Limited was a public limited company based in Ahmedabad, Gujarat, India. 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 17 February 1999.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1999PLC035441. The company has 23 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.69 Cr. It was led by directors including Ketan Rajnikant Patel (Managing Director) and Milan Rajnikant Patel (Managing Director).
Its last annual general meeting (AGM) was held on 12 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Commerce House – 1 Satya Marg Bodakdev, Ahmedabad, Gujarat, India – 380054.
The company was associated with 1 brand: Troikaa. As per MCA filings, the company had satisfied charges of ₹73.05 Cr on record. Court records list 808 cases involving the company, including 779 filed by the company and 29 filed against it; 200 cases are pending.
The last known website on record is troikaa.com.
Company details
Contact details
Troikaa Pharmaceuticals Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered AddressCommerce House – 1 Satya Marg Bodakdev, Ahmedabad, Gujarat, India – 380054
- 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
Brands
Troikaa Pharmaceuticals operates one associated brand: Troikaa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing and innovation in novel drug delivery systems. | troikaa.com |
Financials of Troikaa Pharmaceuticals Limited
FY 2015 filings availableFinancial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 | |
To see the full financial statements and ratios of Troikaa Pharmaceuticals Limited, buy the company report.
Board of directors of Troikaa Pharmaceuticals Limited
Troikaa Pharmaceuticals has 9 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Achyutkumar Dadubhai Patel | Whole-Time Director | 01 Mar 2008 | 18 Years 7 Months | As last reported |
| Ameeta Janak Patel | Director | 15 Jun 2005 | 21 Years 4 Months | As last reported |
| Prakash Jayantilal Shah Also directs: Troikaa Pharmaceuticals Limited | Whole-Time Director | 01 Mar 2011 | 15 Years 7 Months | As last reported |
| Padmin Hasitkant Buch | Director | 04 Sep 2014 | 12 Years 1 Months | As last reported |
| Ketan Rajnikant Patel | Managing Director | 01 Apr 2008 | 18 Years 6 Months | As last reported |
| Milan Rajnikant Patel | Managing Director | 01 Apr 2008 | 18 Years 6 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2013 | 10408385 | Bank of Baroda | ₹4 Cr | Satisfied | |
| 12 Dec 2012 | 10392042 | Bank of Baroda | ₹3 Cr | Satisfied | |
| 29 Nov 2011 | 10323256 | Bank of Baroda | ₹3.75 Cr | Satisfied | |
| 27 May 2011 | 10289567 | Bank of Baroda | ₹6 Cr | Satisfied | |
| 29 Mar 2011 | 10281378 | Bank of Baroda | ₹3.5 Cr | Satisfied |
To see the full charge records of Troikaa Pharmaceuticals Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Troikaa Pharmaceuticals Limited has 808 court cases on record: 779 filed by Troikaa Pharmaceuticals, 29 filed against it. 200 cases are pending and 608 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 754 | 11 | 188 |
| High courts | 46 | 16 | 12 |
| Supreme Court | 8 | 2 | 0 |
Cases on record (5 of 808)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (RA) | Filed against the company by Akums Drugs and Pharmaceuticals Ltd. | Pending |
| High Court, GUJARAT | Court case (RA) | Filed against the company by Lincoln Pharmaceuticals Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Neon Laboratories Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Avsplus Pharma Pvt Ltd | Disposed |
| High Court, GUJARAT | Court case (RA) | Filed against the company by Neon Laboratories Limited | Disposed |
To see the full case history of Troikaa Pharmaceuticals 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 Troikaa Pharmaceuticals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Troikaa Pharmaceuticals has 23 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Troikaa Pharmaceuticals Limited, buy the company report.
Recent activity
Troikaa Pharmaceuticals Limited has 16 board changes on record since 2005: 9 appointments and 7 cessations. The latest: Padmin Hasitkant Buch ceased to be Additional Director on 30 Sep 2014.
55 earlier events are in the company report.
News
Frequently asked questions
Troikaa Pharmaceuticals 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.
Troikaa Pharmaceuticals was a public limited company based in Ahmedabad, Gujarat, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 17 February 1999 and is registered under CIN U24231GJ1999PLC035441. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Troikaa Pharmaceuticals was incorporated on 17 February 1999. It is registered with the Registrar of Companies, Ahmedabad.
Troikaa Pharmaceuticals had 9 directors:
- Ketan Rajnikant Patel - Managing Director
- Milan Rajnikant Patel - Managing Director
- Achyutkumar Dadubhai Patel - Whole-Time Director
- Prakash Jayantilal Shah - Whole-Time Director
- Sushma Ketan Patel - Whole-Time Director
- Binita Milan Patel - Whole-Time Director
- Ameeta Janak Patel - Director
- Padmin Hasitkant Buch - Director
- Bharat Jayantilal Kapadia - Director
The CIN (Corporate Identification Number) of Troikaa Pharmaceuticals is U24231GJ1999PLC035441. 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 Troikaa Pharmaceuticals is at Commerce House – 1 Satya Marg Bodakdev, Ahmedabad, Gujarat, India – 380054.
Troikaa Pharmaceuticals can be reached through the website troikaa.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Troikaa Pharmaceuticals on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 12 September 2015. Year-wise statements from 2015 are in the company report.
No. Troikaa Pharmaceuticals has 23 GST registrations on record and all of them are cancelled or inactive.
Troikaa Pharmaceuticals operated in the pharma industry, in the drug formulation and development segment.