Versatile Pharma Private Limited
About Versatile Pharma Private Limited
Data last updated:
Versatile Pharma Private Limited is a private limited company based in Hyderabad, Telangana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 June 1997.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24239TG1997PTC027380. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹4.99 Cr. It was formerly known as Versatil Pharmaceuticals Private Limited. It is led by directors including Naren Ramanjula Reddy Pochima Reddy (Managing Director) and Muralikrishna Prasad Kalavakolanu (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at Plot No.92 Phase – II Ida Cherlapally, Hyderabad, Telangana, India – 500051.
As per MCA filings, the company has open charges of ₹18.31 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Company details
CIN history
Versatile Pharma has one previous CIN (Corporate Identification Number): U24239AP1997PTC027380. The current CIN is U24239TG1997PTC027380, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24239TG1997PTC027380 | Current |
| U24239AP1997PTC027380 | Previous |
Contact details
Versatile Pharma Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressPlot No.92 Phase – II Ida Cherlapally, Hyderabad, Telangana, India – 500051
- 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
Financials of Versatile Pharma Private Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Versatile Pharma Private Limited, buy the company report.
Board of directors of Versatile Pharma Private Limited
Versatile Pharma has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naren Ramanjula Reddy Pochima Reddy Also directs: Arunaa Multi Culture Private Limited, Haritha Fertilisers Limited, Dev Shyam Distributors Private Limited and 2 more | Managing Director | 11 Nov 2011 | 14 Years 11 Months | As last reported |
| Muralikrishna Prasad Kalavakolanu Also directs: Winwin Speciality Insulators Limited | Irp/Rp/Liquidator | 03 Oct 2023 | 3 Years 0 Months | As last reported |
| Venkata Nagendra Reddy Papulagari Also directs: Dev Shyam Distributors Private Limited, Eswari Projects Limited | Director | 11 Nov 2011 | 14 Years 11 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2013 | 10420348 | Andhra Bank | ₹11.42 Cr | Open | |
| 16 May 2008 | 10103370 | Syndicate Bank | ₹8 Lakh | Open | |
| 29 Jun 2007 | 10062978 | Syndicate Bank | ₹6.4 Cr | Open | |
| 16 Dec 2004 | 90130606 | Syndicate Bank | ₹20 Lakh | Open | |
| 21 Oct 2003 | 90130354 | Vijaya Bank | ₹11 Lakh | Open |
To see the full charge records of Versatile Pharma Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Versatile Pharma Private Limited has 3 court cases on record: 2 filed by Versatile Pharma, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Insolvency matter | Filed against the company by Canara Bank | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 4 Others and 3 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Union Bank of India and 2 others | Disposed |
To see the full case history of Versatile 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 Versatile Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Versatile Pharma has 2 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 Versatile Pharma Private Limited, buy the company report.
Recent activity
Versatile Pharma Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Muralikrishna Prasad Kalavakolanu was appointed as Irp/Rp/Liquidator on 03 Oct 2023.
5 earlier events are in the company report.
Frequently asked questions
Versatile Pharma is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Versatile Pharma is a company under insolvency, formerly operating as a private limited company based in Hyderabad, Telangana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 June 1997 and is registered under CIN U24239TG1997PTC027380. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Versatile Pharma has 3 current directors:
- Naren Ramanjula Reddy Pochima Reddy - Managing Director
- Venkata Nagendra Reddy Papulagari - Director
- Muralikrishna Prasad Kalavakolanu - Irp/Rp/Liquidator
The latest financial statements of Versatile Pharma on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Versatile Pharma is U24239TG1997PTC027380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Versatile Pharma has open charges of ₹18.31 Cr and no satisfied charges on record as per latest MCA filings.
Versatile Pharma has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Versatile Pharma was incorporated on 19 June 1997. It is registered with the Registrar of Companies, Hyderabad.
Muralikrishna Prasad Kalavakolanu was appointed as Irp/Rp/Liquidator on 03 Oct 2023. Venkata Ramana Prasada Reddy Madithati ceased to be Director on 10 Mar 2015. Ravindranatha Reddy Pochimreddy ceased to be Director on 03 Oct 2013. Versatile Pharma has 7 board changes on record in total.
The registered office of Versatile Pharma is at Plot No.92 Phase – II Ida Cherlapally, Hyderabad, Telangana, India – 500051.