About Welpar Pharmbizz Limited
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Welpar Pharmbizz Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 10 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PLC309197. Its GSTIN is 27AACCW2059A1ZN (Maharashtra).
The company has an authorised share capital of ₹18.5 Cr and a paid-up capital of ₹13.4 Cr. It is led by directors including Dipesh Paras Chhajed (Managing Director) and Kiran Chhajed Paras (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 23B Floor – 2 Plot – 13 Shree Ram Industrial Estate 13 G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2023, the company reported a revenue of ₹31,640, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹2.85 Cr and EBITDA of -₹1.4 Cr. Revenue has declined at a compounded annual rate (CAGR) of 95% over three years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 1 case is pending.
For more details, the company can be reached via its website welpar.in.
Company details
Contact details
Welpar Pharmbizz Limited's registered office is in Mumbai, Maharashtra. Its website is welpar.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address23B Floor – 2 Plot – 13 Shree Ram Industrial Estate 13 G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Welpar Pharmbizz 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 Welpar Pharmbizz Limited
FY 2023 filings availableWelpar Pharmbizz Limited reported revenue of ₹31,640 (down 100% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 95% over three years. EBITDA rose 87% 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
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| EBITDA | -₹1.4 Cr | ||||
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| Net Profit (PAT) | -₹2.85 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Welpar Pharmbizz Limited, buy the company report.
Board of directors of Welpar Pharmbizz Limited
Welpar Pharmbizz has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubham Sanjay Salvi | Director | 01 Aug 2018 | 8 Years 3 Months | Current |
| Manish Paras Chhajed | Director | 10 May 2018 | 8 Years 5 Months | Current |
| Kiran Chhajed Paras | Whole-Time Director | 10 May 2018 | 8 Years 5 Months | Current |
| Dipesh Paras Chhajed | Managing Director | 10 May 2018 | 8 Years 5 Months | Current |
| Aakash Hinger | Director | 01 Aug 2018 | 8 Years 3 Months | Current |
Auditor
Welpar Pharmbizz Limited is audited by RAMANATHAN ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMANATHAN ASSOCIATES | FY 2020 | 108510W |
Shareholding
The shareholding of Welpar Pharmbizz Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Welpar Pharmbizz Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2019 | 100233687 | Others | ₹8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Welpar Pharmbizz Limited has 10 court cases on record: 10 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Zoetic Ayurvedies Pvt. Ltd. Authrised Devandra V.Parmar | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Zoetic Ayurvedies Pvt. Ltd. Authrised Devandra V.Parmar | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Nkgsb Cooperative Bank Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Deutsche Bank Ag | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Deutsche Bank Ag Through Surjeet Patra | Disposed |
To see the full case history of Welpar Pharmbizz 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 Welpar Pharmbizz Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Welpar Pharmbizz Limited has a workforce of 22 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Welpar Pharmbizz has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCW2059A1ZN | Maharashtra | Active | 10 May 2018 |
To see the full GST registrations and return filing status of Welpar Pharmbizz Limited, buy the company report.
Recent activity
Welpar Pharmbizz Limited has 10 board changes on record since 2018: 5 appointments and 5 cessations. The latest: Pallavi Dipesh Chhajed ceased to be Director on 09 Dec 2019.
2 earlier events are in the company report.
Frequently asked questions
Welpar Pharmbizz is an active public limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 10 May 2018 (8+ years old) and is registered under CIN U74999MH2018PLC309197.
Welpar Pharmbizz has 5 current directors:
- Dipesh Paras Chhajed - Managing Director
- Kiran Chhajed Paras - Whole-Time Director
- Shubham Sanjay Salvi - Director
- Manish Paras Chhajed - Director
- Aakash Hinger - Director
The latest financial statements of Welpar Pharmbizz on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Welpar Pharmbizz is 27AACCW2059A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Welpar Pharmbizz is U74999MH2018PLC309197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welpar Pharmbizz has 10 court cases on record: 10 filed against it. 1 is pending.
Welpar Pharmbizz was incorporated on 10 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Pallavi Dipesh Chhajed ceased to be Director on 09 Dec 2019. Aakash Hinger ceased to be Additional Director on 26 Dec 2018. Shubham Sanjay Salvi ceased to be Additional Director on 26 Dec 2018. Welpar Pharmbizz has 10 board changes on record in total.
Welpar Pharmbizz can be reached through the website welpar.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Welpar Pharmbizz is at 23B Floor – 2 Plot – 13 Shree Ram Industrial Estate 13 G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031.
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