MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0035648
Vasa Pharma Chem Pvt Ltd - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹77.38 Cr
▼ 8% YoY
Net profit · FY 2025
₹4.83 Cr
Net margin 6.2%
EBITDA · FY 2025
₹7.88 Cr
EBITDA margin 10.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹69.3 Lakh
Issued & subscribed
Open charges
₹8 Cr
Satisfied ₹26.63 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
116
Provident fund records
About Vasa Pharma Chem Pvt Ltd
Data last updated:
Vasa Pharma Chem Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 05 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1988PTC010528. Its GSTIN is 24AAACV9594K1ZP (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹69.3 Lakh. It is led by directors Vaishaliben Jaiminbhai Vasa and Jaimin Rasiklal Vasa.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 88 Shri Pankaj Co. Op. Housing Society Ltd. Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.38 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.83 Cr (net margin 6.2%) and EBITDA of ₹7.88 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 18% over five years.
The company has about 116 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vasa Pharmachem. As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹26.63 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it; 2 cases are pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹25 Lakh; the latest was in March 2023. Its 9 peer companies in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 4 smaller; the largest is Bochem Healthcare Private Limited with revenue of ₹78.45 Cr.
Vasa Pharma Chem Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0035648). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vasapharmachem.com.
Company details
CIN U24231GJ1988PTC010528
Registration Number 010528
Incorporation Date 05 April 1988
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0035648
Recognitions & Rankings of Vasa Pharma Chem
Contact details
Vasa Pharma Chem Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is vasapharmachem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address88 Shri Pankaj Co. Op. Housing Society Ltd. Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Vasa Pharma Chem Pvt Ltd, buy the company report.
Comprehensive company report
Vasa Pharma Chem Pvt Ltd - one report that includes everything
- 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
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Brands
Vasa Pharma Chem operates one associated brand: Vasa Pharmachem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of pharmaceutical, nutraceutical, and food ingredients in India. | vasapharmachem.com |
Business activity
The main business activity of Vasa Pharma Chem is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Vasa Pharma Chem Pvt Ltd, buy the company report.
Financials of Vasa Pharma Chem Pvt Ltd
FY 2025 filings availableVasa Pharma Chem Pvt Ltd reported revenue of ₹77.38 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹77.38 Cr ▼ 8%
Net profit · FY 2025
₹4.83 Cr margin 6.2%
EBITDA · FY 2025
₹7.88 Cr margin 10.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 8%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 1%
5 years · compounded
▲ 27%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 29% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹7.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.83 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 6.2% | ||||
| 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 Vasa Pharma Chem Pvt Ltd, buy the company report.
Board of directors of Vasa Pharma Chem Pvt Ltd
Vasa Pharma Chem has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishaliben Jaiminbhai Vasa Also directs: Vasa Foods & Beverages Private Limited, Vasa Wellness Private Limited, Vasa Laboratories and Chemicals Pvt Ltd and 1 more | Director | 21 Jul 1988 | 38 Years 3 Months | Current |
| Jaimin Rasiklal Vasa Also directs: Vasa Foods & Beverages Private Limited, Vasa Wellness Private Limited, Vasa Laboratories and Chemicals Pvt Ltd and 2 more | Director | 05 Apr 1988 | 38 Years 7 Months | Current |
Peer comparison
Vasa Pharma Chem Pvt Ltd is compared with the 9 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bochem Healthcare Private Limited | ₹78.45 Cr (FY 2025) | 10.0% | Ujjain, Madhya Pradesh, India | |||
| Lark Laboratories (India) Ltd | ₹77.99 Cr (FY 2024) | -16.0% | New Delhi, Delhi, India | |||
| Astra Lifecare (India) Private Limited | ₹77.75 Cr (FY 2019) | -26.0% | Ahmedabad, Gujarat, India | |||
| Universal Medicare Private Limited | ₹77.59 Cr (FY 2025) | 38.0% | Mumbai, Maharashtra, India | |||
| Asence Pharma Private Limited | ₹77.56 Cr (FY 2025) | 19.0% | Vadodara, Gujarat, India | |||
| Vasa Pharma Chem Pvt Ltdthis company | ₹77.38 Cr (FY 2025) | ₹4.83 Cr | 6.2% | -8.0% | 116 | Ahmedabad, Gujarat, India |
| Vapi Care Pharma Private Limited | ₹76.81 Cr (FY 2025) | -11.0% | Vapi, Valsad, Gujarat, India | |||
| Eskag Pharma Pvt Ltd | ₹76.72 Cr (FY 2024) | 0.0% | Kolkata, West Bengal, India | |||
| Mercury Laboratories Limited | ₹76.17 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Vovantis Laboratories Private Limited | ₹76.05 Cr (FY 2025) | 67.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Vasa Pharma Chem Pvt Ltd, buy the company report.
Auditor
Vasa Pharma Chem Pvt Ltd is audited by MUKESH M. SHAH &CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH M. SHAH &CO. | FY 2024 | 106625W |
Shareholding
The shareholding of Vasa Pharma Chem Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vasa Pharma Chem Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹8 Cr
Satisfied charges
₹26.63 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2026 | 101236961 | Others | ₹8 Cr | Open | |
| 09 Dec 2019 | 100309013 | The Kalupur Commercial Co-Operative Bank Limited | ₹3.1 Cr | Satisfied | |
| 24 Jan 2018 | 100154561 | The Kalupur Commercial Co-Operative Bank Limited | ₹60 Lakh | Satisfied | |
| 10 Jan 2013 | 10400482 | The Kalupur Commercial Co.Op Bank Limited | ₹83.47 Lakh | Satisfied | |
| 12 Dec 2011 | 10324243 | The Kalupur Commercial Co-Operative Bank Limited | ₹11.2 Cr | Satisfied |
To see the full charge records of Vasa Pharma Chem Pvt Ltd, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Vasa Pharma Chem Pvt Ltd has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹25 Lakh; the latest was in March 2023.
Total deals
9
Secondary share transfers
7
Funding rounds
2
Disclosed funding
₹25 Lakh
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: Rasiklal V Vasa Family Trust, 3 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: Rasiklal V Vasa Family Trust, 3 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: Rasiklal V Vasa Family Trust, 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Seller: Rasiklal V Vasa Family Trust, 3 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Rasiklal V Vasa Family Trust Seller: 3 individuals |
To see the full deal history of Vasa Pharma Chem Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vasa Pharma Chem Pvt Ltd has 12 court cases on record: 7 filed by Vasa Pharma Chem, 5 filed against it. 2 cases are pending and 10 are disposed.
Total cases
12
Filed by the company
7
Filed against the company
5
Pending
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 1 |
| High courts | 5 | 3 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Safe Parenterals Pvt Ltd and 4 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Safe Parenterals Pvt Ltd and 4 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Anil Bio Plus Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Anil Bio Plus Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by an individual | Pending |
To see the full case history of Vasa Pharma Chem Pvt Ltd, 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 Vasa Pharma Chem Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vasa Pharma Chem Pvt Ltd has a workforce of 116 employees on its EPFO records as of Sep 13, 2025, across 1 active EPFO establishment.
Employee count
116
Active EPFO establishments
1
Employee growth
5.45%
GST
Vasa Pharma Chem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV9594K1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vasa Pharma Chem Pvt Ltd, buy the company report.
Recent activity
Vasa Pharma Chem Pvt Ltd has 4 board changes on record since 1988: 2 appointments and 2 cessations. The latest: Runal Purav Patel ceased to be Director on 30 Jun 2022.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 101236961 was registered on 31 Jan 2026.
AGM
Vasa Pharma Chem Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 12 Dec 2011 via Charge ID 10324243 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 29 Jul 2025.
Charges
A charge registered on 09 Dec 2019 via Charge ID 100309013 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 30 May 2025.
Charges
A charge registered on 28 Nov 2011 via Charge ID 10324127 with The Kalupur Commercial Co Op Bank Limited was fully satisfied on 30 May 2025.
Filing
Vasa Pharma Chem Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Runal Purav Patel ceased to be Director.
Ceased
Vrujal Sagar Jhaveri ceased to be Additional Director.
Charges
A charge registered on 10 Jan 2013 via Charge ID 10400482 with The Kalupur Commercial Co.Op Bank Limited was fully satisfied on 01 Jan 2020.
Charges
A charge registered on 24 Jan 2018 via Charge ID 100154561 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 20 Dec 2019.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 3.10 Cr with Charge ID 100309013 was registered on 09 Dec 2019.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 11.20 Cr registered on 12 Dec 2011 with Charge ID 10324243 was modified on 09 Dec 2019.
17 earlier events are in the company report.
Frequently asked questions
Vasa Pharma Chem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 05 April 1988 (38+ years old) and is registered under CIN U24231GJ1988PTC010528.
Vasa Pharma Chem has 2 current directors:
- Vaishaliben Jaiminbhai Vasa - Director
- Jaimin Rasiklal Vasa - Director
The latest financial statements of Vasa Pharma Chem on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vasa Pharma Chem is 24AAACV9594K1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Vasa Pharma Chem is U24231GJ1988PTC010528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasa Pharma Chem has 12 court cases on record: 7 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Vasa Pharma Chem was incorporated on 05 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vasa Pharma Chem has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹25 Lakh; the latest was in March 2023.
The peers of Vasa Pharma Chem by revenue are Bochem Healthcare Private Limited, Lark Laboratories (India) Ltd, Astra Lifecare (India) Private Limited, Universal Medicare Private Limited, Asence Pharma Private Limited and 4 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Runal Purav Patel ceased to be Director on 30 Jun 2022. Vrujal Sagar Jhaveri ceased to be Additional Director on 30 Nov 2021. Vaishaliben Jaiminbhai Vasa was appointed as Director on 21 Jul 1988. Vasa Pharma Chem has 4 board changes on record in total.
Yes, Vasa Pharma Chem is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0035648).
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