Vegaas Pharma Private Limited
About Vegaas Pharma Private Limited
Data last updated:
Vegaas Pharma Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 03 December 2013.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24232TG2013PTC091459.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors Potu Reddy Srinivasa and Sandeep Chekurthy.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 2 – 1 – 244 Ground Floor Road No.3 Mamatha Nagar Colony Nagole Uppal, Hyderabad, Telangana, India – 500068.
As per the financials filed for FY 2018, the company reported a revenue of ₹27.15 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹25,251 (net margin 0.9%) and EBITDA of ₹7.54 Lakh (EBITDA margin 27.8%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
As per MCA filings, the company had open charges of ₹50 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹29 Lakh; the latest was in March 2016. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Eventia Biotech Private Limited with revenue of ₹27.17 Lakh.
Company details
CIN history
Vegaas Pharma has one previous CIN (Corporate Identification Number): U24232AP2013PTC091459. The current CIN is U24232TG2013PTC091459, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24232TG2013PTC091459 | Current |
| U24232AP2013PTC091459 | Previous |
Contact details
Vegaas Pharma Private Limited's registered office is in Hyderabad, Telangana.
- Registered Address2 – 1 – 244 Ground Floor Road No.3 Mamatha Nagar Colony Nagole Uppal, Hyderabad, Telangana, India – 500068
- IndustryTrading, Wholesale, Other Wholesale
- 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 Vegaas Pharma 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 Vegaas Pharma Private Limited, buy the company report.
Financials of Vegaas Pharma Private Limited
FY 2018 filings availableVegaas Pharma Private Limited reported revenue of ₹27.15 Lakh (down 65% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 65% fall in the latest year. EBITDA rose 5% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹7.54 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹25,251 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 27.8% | |||
| Net Profit Margin | 0.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Vegaas Pharma Private Limited, buy the company report.
Board of directors of Vegaas Pharma Private Limited
Vegaas Pharma has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Potu Reddy Srinivasa Also directs: Vegaas Pharma & Surgical Private Limited | Director | 03 Dec 2013 | 12 Years 11 Months | As last reported |
| Sandeep Chekurthy Also directs: Vegaas Pharma & Surgical Private Limited | Director | 06 Nov 2023 | 2 Years 11 Months | As last reported |
Peer comparison
Vegaas Pharma Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Eventia Biotech Private Limited | ₹27.17 Lakh (FY 2024) | -41.0% | Faridabad, Haryana, India | |||
| Ziohealth Pharmaceutical Private Limited | ₹27.17 Lakh (FY 2024) | 52.0% | Rapar, Gujarat, India | |||
| Nirania Baked Bites Private Limited | ₹27.16 Lakh (FY 2019) | Chandigarh, India | ||||
| Marisol Technologies Limited | ₹27.16 Lakh (FY 2015) | -13.0% | Kolkata, West Bengal, India | |||
| Sailagiri Farmers Producer Company Limited | ₹27.15 Lakh (FY 2019) | 35.0% | Salem, Tamil Nadu, India | |||
| Vegaas Pharma Private Limitedthis company | ₹27.15 Lakh (FY 2018) | ₹25,251 | 0.9% | -65.0% | Hyderabad, Telangana, India | |
| Bengal Diesels Private Limited | ₹27.15 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Mangalam Minerals & Chemicals Pvt Ltd | ₹27.15 Lakh (FY 2025) | -67.0% | Kolkata, West Bengal, India | |||
| Sri Salasar Minerals & Construction Private Limited | ₹27.15 Lakh (FY 2025) | -77.0% | Jamshedpur, Jharkhand, India | |||
| Aadya Global Healthcare Private Limited | ₹27.14 Lakh (FY 2025) | -37.0% | New Delhi, Delhi, India | |||
| Mohammadpur Deomal Fed Producer Company Limited | ₹27.14 Lakh (FY 2025) | 107.0% | Bijnor, Uttar Pradesh, India |
To see the full peer comparison of Vegaas Pharma Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2014 | 10527261 | Central Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Vegaas Pharma Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Vegaas Pharma Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹29 Lakh; the latest was in March 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹29 Lakh | Investors: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vegaas Pharma 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, Hanumakonda, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of Vegaas Pharma 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 Vegaas Pharma 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 Vegaas Pharma Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vegaas Pharma Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Sandeep Chekurthy was appointed as Director on 06 Nov 2023.
Frequently asked questions
Vegaas Pharma has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vegaas Pharma was a private limited company based in Hyderabad, Telangana, India. The company worked in wholesale, within the trading industry. It was incorporated on 03 December 2013 and is registered under CIN U24232TG2013PTC091459. The company has been struck off by the Registrar of Companies and is no longer operational.
Vegaas Pharma had 2 directors:
- Potu Reddy Srinivasa - Director
- Sandeep Chekurthy - Director
The CIN (Corporate Identification Number) of Vegaas Pharma is U24232TG2013PTC091459. 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 Vegaas Pharma is at 2 – 1 – 244 Ground Floor Road No.3 Mamatha Nagar Colony Nagole Uppal, Hyderabad, Telangana, India – 500068.
Vegaas Pharma was incorporated on 03 December 2013. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Vegaas Pharma on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Vegaas Pharma operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
Vegaas Pharma has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹29 Lakh; the latest was in March 2016.
The peers of Vegaas Pharma by revenue are Eventia Biotech Private Limited, Ziohealth Pharmaceutical Private Limited, Nirania Baked Bites Private Limited, Marisol Technologies Limited, Sailagiri Farmers Producer Company Limited and 5 more, all in the same principal business activity (wholesale trading).
Vegaas Pharma has 1 court case on record: 1 filed against it. 1 is pending.
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