Vital Formulations Limited - Company Profile

It is a pharma public limited company based in Kheda, Gujarat, India, established in 1989.
1989 Kheda, Gujarat, India Active
Last Updated:
Access Report
About Vital Formulations Limited

Vital Formulations Limited, a active public limited company, was established on 20 October 1989 in Kheda, Gujarat, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: U24230GJ1989PLC012903. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹6.50 Cr and a paid-up capital of ₹1.13 Cr.

It upholds a compliant status. Employing 15 professional, Its leadership includes Maulin Dasharathbhai Patel (Director), Khyati Harsh Parikh (Director), Janki Maulin Patel (Director). Past directors included Maulin Dasharathbhai Patel, Suruchi Vinodbhai Patel, Khyati Harsh Parikh. It holds ₹4.94 Cr open charges and ₹4.81 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at I-146 G I D C Estate Vithaludyognagar Kaira, Kheda, Gujarat, 388121.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U24230GJ1989PLC012903

  • Registration Number

    012903

  • Incorporation Date

    20 October 1989

  • Authorized Capital

    ₹6.50 Cr

  • Paid-Up Capital

    ₹1.13 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 1.13 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.94 Cr
  • Satisfied Charges ₹ 4.81 Cr
  • Revenue Growth **** 29.47%
  • Profit Growth **** 242.94%
  • Ebitda **** 338.32%
  • Net Worth 295.76%
  • Total Assets **** 3.64%
Company report

Vital Formulations Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

Access Report
Who are the key members and board of directors at Vital Formulations Limited?
Current Directors
Name Designation Appointment Date Status
Maulin Dasharathbhai Patel Director 01 Nov 2012 Current
Khyati Harsh Parikh Director 22 Jul 2013 Current
Janki Maulin Patel Director 22 Jul 2013 Current
Harsh Pankaj Parikh Director 01 Nov 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2013 Past
Pramod Abcsdd Director 15 Nov 2015 Past
Pramod Abcsdd Additional Director 30 Sep 2013 Past
Pramod Abcsdd Additional Director 30 Sep 2013 Past
Pramod Abcsdd Additional Director 30 Sep 2013 Past
Pramod Abcsdd Director 15 Nov 2015 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Vital Formulations.

Vital Formulations Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.47% increase. The company also saw a substantial improvement in profitability, with a 242.94% increase in profit. The company's net worth Soared by an impressive increase of 295.76%.

Vital Formulations revenue growth over time
Vital Formulations profit and loss trends over time
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
  • 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
********
 29.47%
*******
*******
*******
*******
Revenue from Operations
*******
 29.47%
*******
*******
*******
*******
Total Assets
*******
 3.64%
*******
*******
*******
*******
Profit or Loss
*******
 242.94%
*******
*******
*******
*******
Net Worth
*******
 295.76%
*******
*******
*******
*******
EBITDA
*******
 338.32%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Vital Formulations?

In 2023, Vital Formulations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹49,404,000.00

Satisfied Charges

₹48,086,000.00

Charges Breakdown by Lending Institutions
  • Others : 4.94 Cr
Latest Charge Details
Date Lender Amount Status
14 Nov 2024 Others ₹2.22 Cr Open
31 Jul 2024 Others ₹2.92 M Open
09 Oct 2018 Others ₹1.38 M Open
12 Apr 2018 Others ₹6.00 M Open
20 Jan 2017 Others ₹3.50 M Open

Explore comprehensive loan charge details -

How Many Employees Work at Vital Formulations?

Vital Formulations has a workforce of 15 employees as of Apr 04, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vital Formulations, 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 Vital Formulations's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Vital Formulations
Recent Activity within the Organization
  • Annual General Meeting

    Vital Formulations Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Vital Formulations Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 2.22 Cr with Charge ID 101006747 was registered on 14 Nov 2024. was documented.

  • Charges

    Progress on A charge registered on 28 Jan 2020 via Charge ID 100320234 with Hdfc Bank Limited was fully satisfied on 01 Oct 2024. was documented.

  • Charges

    Progress on A charge registered on 10 Dec 2019 via Charge ID 100313475 with Hdfc Bank Limited was fully satisfied on 01 Oct 2024. was documented.

  • Charges

    A charge with Others amounted to Rs. 0.29 Cr with Charge ID 101002299 was registered on 31 Jul 2024. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Vital Formulations Limited?

The CIN of Vital Formulations Limited is U24230GJ1989PLC012903.

Where is Vital Formulations Limited headquartered?

Vital Formulations Limited is headquartered at I-146 G I D C Estate Vithaludyognagar Kaira, Kheda, Gujarat, 388121.

When was Vital Formulations Limited incorporated?

Vital Formulations Limited was incorporated on 20 October 1989.

Who are the current directors of Vital Formulations Limited?

The current directors of Vital Formulations Limited are

What is the primary industry of Vital Formulations Limited?

The primary industry of Vital Formulations Limited is Manufacturing.

Is Vital Formulations Limited a listed company?

Vital Formulations Limited is unlisted.

What is the capital structure of Vital Formulations Limited?

The authorized capital of Vital Formulations Limited is ₹6.50 Cr, and the paid-up capital is ₹1.13 Cr.

What is the compliance status of Vital Formulations Limited?

The compliance status of Vital Formulations Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available