Vags Pharmaceuticals Private Limited
About Vags Pharmaceuticals Private Limited
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Vags Pharmaceuticals Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 21 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74900UP2013PTC060777.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹30 Lakh. It is led by directors Ved Prakash Dixit and Vijay Chowdhry.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No. 8 – 16 South Soti Ganj Gurudwara Road (Khooni Pul), Meerut, Uttar Pradesh, India – 250002.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹23.59 Lakh (net margin -22.8%) and EBITDA of -₹16,342 (EBITDA margin -0.2%).
As per MCA filings, the company has open charges of ₹9.32 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vags Pharmaceuticals Private Limited's registered office is in Meerut, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 8 – 16 South Soti Ganj Gurudwara Road (Khooni Pul), Meerut, Uttar Pradesh, India – 250002
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Vags Pharmaceuticals Private Limited, buy the company report.
- 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
Business activity
The main business activity of Vags Pharmaceuticals 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 Vags Pharmaceuticals Private Limited, buy the company report.
Financials of Vags Pharmaceuticals Private Limited
FY 2020 filings availableVags Pharmaceuticals Private Limited reported revenue of ₹1.03 Cr (up 418% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 418% in the latest year. EBITDA rose 99% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹16,342 | ||||
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| Net Profit (PAT) | -₹23.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -22.8% | ||||
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To see the full financial statements and ratios of Vags Pharmaceuticals Private Limited, buy the company report.
Board of directors of Vags Pharmaceuticals Private Limited
Vags Pharmaceuticals has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ved Prakash Dixit | Director | 09 Apr 2021 | 5 Years 6 Months | Current |
| Vijay Chowdhry | Director | 11 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Vags Pharmaceuticals Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ordnc 2024 000015 U24304wb2019ptc232164 Private Limited | ₹1.04 Cr (FY 2023) | 24.0% | Krishnanagar, West Bengal, India | |||
| Biomarilyn Pharmaceuticals Private Limited | ₹1.04 Cr (FY 2024) | 14.0% | Bangalore, Karnataka, India | |||
| Vags Pharmaceuticals Private Limitedthis company | ₹1.03 Cr (FY 2020) | -₹23.59 Lakh | -22.8% | 418.0% | Meerut, Uttar Pradesh, India | |
| Esma Formulations Private Limited | ₹1.03 Cr (FY 2022) | 9.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Vags Pharmaceuticals Private Limited, buy the company report.
Auditor
Vags Pharmaceuticals Private Limited is audited by RAJESH PREM KHANNA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH PREM KHANNA & CO | FY 2019 | 008935C |
Shareholding
The shareholding of Vags Pharmaceuticals Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vags Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2020 | 100451272 | Others | ₹1.5 Cr | Open | |
| 02 Jul 2020 | 100352190 | Others | ₹32 Lakh | Open | |
| 16 Aug 2018 | 100237292 | Others | ₹7.5 Cr | Open |
To see the full charge records of Vags Pharmaceuticals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Vags Pharmaceuticals Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Haridwar, Uttarakhand | Criminal case | Filed against the company by Punjab National Bank | Pending |
To see the full case history of Vags Pharmaceuticals 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 Vags Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vags Pharmaceuticals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vags Pharmaceuticals Private Limited has 9 board changes on record since 2017: 2 appointments and 7 cessations. The latest: Ramesh ceased to be Director on 11 Jan 2024.
4 earlier events are in the company report.
Frequently asked questions
Vags Pharmaceuticals is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 21 November 2013 (13+ years old) and is registered under CIN U74900UP2013PTC060777.
Vags Pharmaceuticals has 2 current directors:
- Ved Prakash Dixit - Director
- Vijay Chowdhry - Director
The latest financial statements of Vags Pharmaceuticals on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vags Pharmaceuticals is U74900UP2013PTC060777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vags Pharmaceuticals has 1 court case on record: 1 filed against it. 1 is pending.
Vags Pharmaceuticals was incorporated on 21 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Vags Pharmaceuticals by revenue are Ordnc 2024 000015 U24304wb2019ptc232164 Private Limited, Biomarilyn Pharmaceuticals Private Limited, Esma Formulations Private Limited, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (wholesale trading).
Ramesh ceased to be Director on 11 Jan 2024. Vijay Chowdhry was appointed as Director on 11 Jan 2024. Neeta Tyagi ceased to be Director on 12 Apr 2021. Vags Pharmaceuticals has 9 board changes on record in total.
The registered office of Vags Pharmaceuticals is at Plot No. 8 – 16 South Soti Ganj Gurudwara Road Khooni Pul, Meerut, Uttar Pradesh, India – 250002.
Vags Pharmaceuticals operates in the pharma industry, in the drug formulation and development segment.
Vags Pharmaceuticals has open charges of ₹9.32 Cr and no satisfied charges on record as per latest MCA filings.
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