About Strides Alathur Private Limited
Data last updated:
Strides Alathur Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India, operated as a subsidiary of Strides Pharma Science Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 20 February 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24304MH2017PTC348859. Its GSTIN is 33AAFCV7728J1ZZ (Tamil Nadu). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.27 Cr. It was formerly known as Vivimed Life Sciences Private Limited. It was led by directors including Umesh Pralhadrao Kale and Vikesh Kumar.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 201 Devavrata Sector 17 Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2024, the company reported a revenue of ₹130.91 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹20.66 Cr (net margin -15.8%) and EBITDA of -₹1.92 Cr (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company had about 289 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Vivimed Labs and Strides Pharma Science. As per MCA filings, the company had open charges of ₹62 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹65.86 Cr; the latest was in March 2019. Its 10 peer companies in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 5 smaller; the largest is Shalimar Incense Private Limited with revenue of ₹131.24 Cr.
The last known website on record is strides.com.
Company details
CIN history
Strides Alathur has one previous CIN (Corporate Identification Number): U24304TG2017PTC115352. The current CIN is U24304MH2017PTC348859, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24304MH2017PTC348859 | Current |
| U24304TG2017PTC115352 | Previous |
Contact details
Strides Alathur Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is strides.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address201 Devavrata Sector 17 Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Strides Alathur 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
Brands
Strides Alathur operates two associated brands: Vivimed Labs and Strides Pharma Science. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Active pharmaceutical ingredients, formulations, and specialty chemicals are manufactured. | vivimedlabs.com | |
| Generic, semi-solid, and liquid dosage forms are manufactured. | strides.com |
Business activity
The main business activity of Strides Alathur is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Strides Alathur Private Limited, buy the company report.
Financials of Strides Alathur Private Limited
FY 2024 filings availableStrides Alathur Private Limited reported revenue of ₹130.91 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 19% growth in the latest year. EBITDA rose 83% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.66 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | ||||
| Net Profit Margin | -15.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Strides Alathur Private Limited, buy the company report.
Board of directors of Strides Alathur Private Limited
Strides Alathur has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Pralhadrao Kale | Director | 20 Feb 2019 | 7 Years 8 Months | As last reported |
| Vikesh Kumar Also directs: Strides Pharma Science Limited | Director | 20 Feb 2019 | 7 Years 8 Months | As last reported |
| Venkata Seetharama Raju Pakalapati | Director | 25 Apr 2024 | 2 Years 5 Months | As last reported |
Peer comparison
Strides Alathur Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shalimar Incense Private Limited | ₹131.24 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Shree Chlorates Private Limited | ₹131.24 Cr (FY 2025) | -16.0% | Indore, Madhya Pradesh, India | |||
| Shri Krishna Detchem Private Limited | ₹131.2 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Regi India Cosmetics Private Limited | ₹130.99 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Oan Industries Limited | ₹130.92 Cr (FY 2025) | 36.0% | Jaipur, Rajasthan, India | |||
| Strides Alathur Private Limitedthis company | ₹130.91 Cr (FY 2024) | -₹20.66 Cr | -15.8% | 19.0% | 289 | Navi Mumbai, Maharashtra, India |
| Meso Private Limited | ₹130.82 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| B E C Chemicals Private Limited | ₹130.65 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Dic Ideal Private Limited | ₹130.59 Cr (FY 2019) | 22.0% | Thane, Maharashtra, India | |||
| Prathibha Biotech Private Limited | ₹130.44 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| Isagro (Asia) Agrochemicals Private Limited | ₹130.4 Cr (FY 2021) | -53.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Strides Alathur Private Limited, buy the company report.
Auditor
Strides Alathur Private Limited is audited by GNANOBA & BHAT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GNANOBA & BHAT | FY 2023 | 000939S |
Shareholding
The shareholding of Strides Alathur Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Strides Alathur Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2022 | 100662713 | Yes Bank Limited | ₹30 Cr | Open | |
| 23 Mar 2022 | 100560447 | Others | ₹8 Cr | Open | |
| 06 Nov 2017 | 100161174 | Others | ₹24 Cr | Open |
To see the full charge records of Strides Alathur Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Strides Alathur Private Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹65.86 Cr; the latest was in March 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Strides Pharma Science Limited , Strides Pharma Science Limited & Sandeep Varalwar Seller: Vivimed Labs Limited , Vivimed Labs Limited & Sandeep Varalwar |
| Jun 2017 | Funding round | ₹65.86 Cr | Investors: Strides Pharma Science Limited |
| May 2017 | Acquisition | ₹14.12 Cr | Buyer: Vivimed Labs Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Strides Alathur Private Limited has 5 court cases on record: 2 filed by Strides Alathur, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| NCLT | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Wiz Logtec India Private Limited (Formerly Known As M/S. M + R Logistics (India) Private Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by M/S. Parle Elizabeth Tools Pvt.Ltd. | Disposed |
| District court, Kancheepuram, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Aic International, Represented by Its Branch Manager of Pondicherry Mr.K.Karthi | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Assessing Authority National Faceless Assessment Centre and Anr and 2 others | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Strides Alathur 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.
Credit ratings & regulatory alerts
Strides Alathur Private Limited was last rated by Indiarating on 28 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 28 Dec 2021 |
To see the full credit ratings and regulatory alerts of Strides Alathur Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Strides Alathur Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Strides Alathur Private Limited has a workforce of 289 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Strides Alathur has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCV7728J1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Strides Alathur Private Limited, buy the company report.
Recent activity
Strides Alathur Private Limited has 11 board changes on record since 2017: 7 appointments and 4 cessations. The latest: Venkata Seetharama Raju Pakalapati was appointed as Director on 25 Apr 2024.
8 earlier events are in the company report.
News
Frequently asked questions
Strides Alathur has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Strides Alathur was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 20 February 2017 and is registered under CIN U24304MH2017PTC348859. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Strides Alathur was incorporated on 20 February 2017. It is registered with the Registrar of Companies, Mumbai.
Strides Alathur had 3 directors:
- Umesh Pralhadrao Kale - Director
- Vikesh Kumar - Director
- Venkata Seetharama Raju Pakalapati - Director
The CIN (Corporate Identification Number) of Strides Alathur is U24304MH2017PTC348859. 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 Strides Alathur is at 201 Devavrata Sector 17 Vashi, Navi Mumbai, Maharashtra, India – 400703.
Strides Alathur can be reached through the website strides.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The latest financial statements of Strides Alathur on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Strides Alathur is 33AAFCV7728J1ZZ, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Strides Alathur operated in the pharma industry, in the drug formulation and development segment.
Strides Alathur has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹65.86 Cr; the latest was in March 2019.