Vitace Remedies Private Limited
About Vitace Remedies Private Limited
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Vitace Remedies Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Cape Pharmaceuticals Pvt Ltd. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 18 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24230MP2011PTC026005. Its GSTIN is 23AADCV6510A1ZZ (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors Pankaj Jain and Sugan Jain.
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 239 Shastri Market Iind Floor, Indore, Madhya Pradesh, India – 452007.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.87 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹2.57 Lakh (net margin -89.7%) and EBITDA of -₹1.79 Lakh (EBITDA margin -62.5%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 42% over five years.
As per MCA filings, the company has open charges of ₹5.78 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vitace Remedies Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address239 Shastri Market Iind Floor, Indore, Madhya Pradesh, India – 452007
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Vitace Remedies 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
Financials of Vitace Remedies Private Limited
FY 2025 filings availableVitace Remedies Private Limited reported revenue of ₹2.87 Lakh (down 83% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 83% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.87 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.57 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -62.5% | ||||
| Net Profit Margin | -89.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vitace Remedies Private Limited, buy the company report.
Board of directors of Vitace Remedies Private Limited
Vitace Remedies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Jain Also directs: Rajat Roto-Containers Pvt Ltd | Director | 18 May 2011 | 15 Years 5 Months | Current |
| Sugan Jain | Director | 15 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Vitace Remedies Private Limited is audited by VINAY PHERWANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY PHERWANI & ASSOCIATES | FY 2023 | 015984C |
Shareholding
The shareholding of Vitace Remedies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vitace Remedies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2021 | 100446394 | Others | ₹5.78 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Vitace Remedies Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by M/S Healthcare Private Ltd | Disposed |
| District court, Rohtak, Haryana | Civil suit | Filed against the company by M/S Truworth Healthcare | Disposed |
| District court, Rohtak, Haryana | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of Vitace Remedies 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 Vitace Remedies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vitace Remedies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCV6510A1ZZ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vitace Remedies Private Limited, buy the company report.
Recent activity
Vitace Remedies Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Manak Jain ceased to be Director on 30 Dec 2015.
Frequently asked questions
Vitace Remedies is an active private limited company based in Indore, Madhya Pradesh, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 18 May 2011 (15+ years old) and is registered under CIN U24230MP2011PTC026005.
Vitace Remedies has 2 current directors:
- Pankaj Jain - Director
- Sugan Jain - Director
The latest financial statements of Vitace Remedies 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 Vitace Remedies is 23AADCV6510A1ZZ, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Vitace Remedies is U24230MP2011PTC026005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitace Remedies has 3 court cases on record: 3 filed against it.
Vitace Remedies was incorporated on 18 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
Manak Jain ceased to be Director on 30 Dec 2015. Paras Mal Jain ceased to be Director on 29 Mar 2014. Sugan Jain was appointed as Director on 15 Mar 2014. Vitace Remedies has 6 board changes on record in total.
The registered office of Vitace Remedies is at 239 Shastri Market Iind Floor, Indore, Madhya Pradesh, India – 452007.
Vitace Remedies operates in the healthcare industry, in the medical equipment retail and distribution segment.