Virdev Intermediates Private Limited - Company Profile

It is a pharma private limited company based in Surat, Gujarat, India, established in 1994.

1994 Surat, Gujarat, India Active

Last Updated: January 06, 2026

About Virdev Intermediates Private Limited

Virdev Intermediates Private Limited, a active private limited company, was established on 01 February 1994 in Surat, Gujarat, India. Engaging in api manufacturers within the manufacturing sector, it holds CIN: U24230GJ1994PTC021189. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹8.00 Cr and a paid-up capital of ₹5.41 Cr.

It upholds a compliant status. Employing 313 professional, Its leadership includes Kaushik Bhagwandas Jariwala (Director), Narendra Bhagwandas Jariwala (Director), Sanjay Amritlal Solanki (Director). Past directors included Pinky Monish Shah, Dharmesh Mahendra Shah, Dheer Dharmesh Shah. It holds no open charges and ₹92.47 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at S No 33/1-A Plot No-1,Khatodara B/H Sub Jail, Surat, Surat, Gujarat, 395002.

Company Details

CIN/LLPIN
U24230GJ1994PTC021189
Registration Number
021189
Incorporation Date
01 February 1994
Authorized Capital
₹8.00 Cr
Paid-Up Capital
₹5.41 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 8.00 Cr as on 06-01-2026
Paid Up Capital ₹ 5.41 Cr as on 06-01-2026
Company Age 32 Year, 16 Days
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 92.47 Cr as on 06-01-2026
Revenue Growth **** 128.63% (FY 2022)
Profit Growth **** 408.67% (FY 2022)
Ebitda **** 214.42% (FY 2022)
Net Worth 35.56% (FY 2022)
Total Assets **** 28.86% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Virdev Intermediates Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Virdev Intermediates Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kaushik Bhagwandas Jariwala	Director	12 Nov 2000	Current
Narendra Bhagwandas Jariwala	Director	01 Feb 1994	Current
Sanjay Amritlal Solanki	Director	12 Nov 2000	Current
Viralkumar Narendrabhai Jariwala	Director	12 Nov 2000	Current
Dheer Dharmesh Shah	Director	01 Mar 2024	Current
Raheel Dharmesh Shah	Director	27 Jul 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	27 Jul 2018	Past
Pramod Abcsdd	Additional Director	26 Sep 2024	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past

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Financial Performance of Virdev Intermediates.

Virdev Intermediates Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 128.63% increase. The company also saw a substantial improvement in profitability, with a 408.67% increase in profit. The company's net worth Soared by an impressive increase of 35.56%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

128.63%

*******

Revenue from Operations

*******

128.47%

*******

Total Assets

*******

28.86%

*******

Profit or Loss

*******

408.67%

*******

Net Worth

*******

35.56%

*******

EBITDA

*******

214.42%

*******

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What is the Ownership and Shareholding Structure of Virdev Intermediates?

In 2023, Virdev Intermediates had a promoter holding of 98.52% and a public holding of 1.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹924,700,000.00

Charges Breakdown by Lending Institutions

Central Bank Of India : 33.60 Cr
Kotak Mahindra Bank Limited : 23.09 Cr
State Bank Of India : 19.50 Cr
Ing Vysya Bank Limited : 16.06 Cr
The Federal Bank Ltd : 0.22 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Mar 2015	Kotak Mahindra Bank Limited	₹4.90 Cr	Satisfied
31 Jul 2014	Kotak Mahindra Bank Limited	₹18.19 Cr	Satisfied
18 Jul 2014	Ing Vysya Bank Limited	₹16.06 Cr	Satisfied
30 Jul 2013	Central Bank Of India	₹1.90 Cr	Satisfied
23 Mar 2007	Central Bank Of India	₹12.00 Cr	Satisfied

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How Many Employees Work at Virdev Intermediates?

Virdev Intermediates has a workforce of 313 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Virdev Intermediates, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Virdev Intermediates's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Virdev Intermediates

Recent Activity within the Organization

Annual General Meeting

Virdev Intermediates Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Balance Sheet

Progress on Virdev Intermediates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

Progress on Dheer Dharmesh Shah was appointed as a Director was appointed as a Director on 01 Mar 2024 & has been associated with this company since 1 year 11 months . was documented.
01 Mar 2024
Charges

The activity A charge registered on 27 Mar 2015 via Charge ID 10569075 with Kotak Mahindra Bank Limited was fully satisfied on 14 Sep 2022. was completed.
14 Sep 2022
Charges

Progress on A charge registered on 31 Jul 2014 via Charge ID 10515182 with Kotak Mahindra Bank Limited was fully satisfied on 14 Sep 2022. was documented.
14 Sep 2022
Charges

A charge registered on 18 Jul 2014 via Charge ID 10516190 with Ing Vysya Bank Limited was fully satisfied on 14 Sep 2022. was recorded as a recent event.
14 Sep 2022

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