Asolution Pharmaceuticals Private Limited - Company overview

Asolution Pharmaceuticals was incorporated on 7 May 2010 and is registered with ROC Mumbai.

2010-05-07 Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹25–50 Cr
▼ -25.5%
FY 2023
PROFIT / LOSS
Loss · ₹5–10 Cr
▼ -128.2%
FY 2023
EBITDA
₹1–5 Cr
▼ -54.4%
FY 2023
NET WORTH
Loss · ₹10–25 Cr
▼ -69.2%
FY 2023
TOTAL ASSETS
₹50–100 Cr
▼ -3.5%
FY 2023
EMPLOYEE COUNT
111–120
OPEN CHARGES
2
-
PAID-UP CAPITAL
4.89 cr
AUTHORISED CAPITAL
5.00 cr
COMPANY AGE
16 Years 6 Months
since 2010-05-07
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
1
Updated: 2025-05-25 13:24:00
TOTAL MONEY RAISED
₹10–25 Cr
SATISFIED CHARGES
4
37.55 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Asolution Pharmaceuticals covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
59/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (68), financial health (5), director (95) and company-foundation signals.
  • Operating for 16+ years.
Compliance Score Moderate
68/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score High risk
5/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Asolution Pharmaceuticals Company identity, industry, contact, and registration details from MCA and company records.

Asolution Pharmaceuticals was incorporated on 7 May 2010 and is registered with ROC Mumbai. It is an active private limited company, now about 16 years old. The registered office is at 11- A, Mittal Chambers, Nariman Point, Mumbai, Maharashtra.

In its MCA filings the main business is listed as chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, which made up 97.91% of turnover.

Nandkumar Kashinath Chodankar and Laxmi Nandkumar Chodankar are its two directors, both appointed when the company was incorporated. No director has left so far. Between them, the directors also sit on the boards of 3 other companies, including Laxmita Healthcare Private Limited and Anomalie Marketing And Services Private Limited.

₹4.89 crore of its ₹5 crore authorised capital is paid up (about 98%). Its latest balance sheet on MCA is for the year ending 31 March 2024, and the last AGM was on 30 September 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. Two charges (secured loans) are still open, and four more have been paid off.

Pharma ••••••••
  • Location 11- A, Mittal Chambers, Nariman Point, Mumbai, Maharashtra - 400021
  • Website asolution.in
Legal NameAsolution Pharmaceuticals Private Limited
CIN / LLPINU24100MH2010PTC202851
Company No.202851
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2010-05-07
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
Credit RatingB+ (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Asolution Pharmaceuticals (2) Current board members from MCA filings, including designation and appointment details.

N
Nandkumar Kashinath Chodankar
Director | Since 2010-05-07 | DIN: 02736718
L
Laxmi Nandkumar Chodankar
Director | Since 2010-05-07 | DIN: 02868705

Financial Performance of Asolution Pharmaceuticals Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹25–50 Cr ▼ -25.5%
P&L Loss · ₹5–10 Cr ▼ -128.2%
EBITDA ₹1–5 Cr ▼ -54.4%
Net worth Loss · ₹10–25 Cr ▼ -69.2%

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Charges of Asolution Pharmaceuticals Open and satisfied charges registered against the company with MCA.

Others : 28.98 cr
Open Charges: 2 Satisfied Charges: 4
Open -
Satisfied 37.55 cr
LenderAmountStatus
Others
Creation Date: 04 Jan 2023
 3.00 cr Closed
Others
Creation Date: 29 Jan 2022
 42.04 Lakh Closed
Others
Creation Date: 18 Aug 2020
 3.47 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingChemical and chemical products, pharmaceuticals, medicinal chemical and botanical products97.91
Professional, Scientific and TechnicalScientific research and development2.09

Companies With Common Directors Of Asolution Pharmaceuticals Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Laxmita Healthcare Private Limited 2 Shared Directors
Anomalie Marketing And Services Private Limited 1 Shared Director
Bliss Gvs Pharma Limited 1 Shared Director

Financial Ratios of Asolution Pharmaceuticals Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Asolution Pharmaceuticals Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Asolution Pharmaceuticals EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Asolution Pharmaceuticals GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Asolution Pharmaceuticals Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Asolution Pharmaceuticals MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Asolution Pharmaceuticals Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Asolution Pharmaceuticals Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Asolution Pharmaceuticals?
MCA does not publish an "owner" field. Asolution Pharmaceuticals is run by its directors, Nandkumar Kashinath Chodankar and Laxmi Nandkumar Chodankar. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Asolution Pharmaceuticals?
Asolution Pharmaceuticals has two current directors: Nandkumar Kashinath Chodankar (since May 2010) and Laxmi Nandkumar Chodankar (since May 2010).
What is CIN of Asolution Pharmaceuticals?
The CIN of Asolution Pharmaceuticals is U24100MH2010PTC202851. Reading it left to right: U means it is not listed, 24100 is the industry code it registered under, MH is Maharashtra, 2010 is the year it was registered, PTC is the company type and 202851 is its registration number.
When was Asolution Pharmaceuticals incorporated?
Asolution Pharmaceuticals was incorporated on 7 May 2010 with ROC Mumbai. That makes it about 16 years old.
What is the registered address of Asolution Pharmaceuticals?
The registered office on MCA records is 11- A, Mittal Chambers, Nariman Point, Mumbai, Maharashtra - 400021.
What is the current status of Asolution Pharmaceuticals?
MCA shows Asolution Pharmaceuticals as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Asolution Pharmaceuticals?
You can post to its registered office at 11- A, Mittal Chambers, Nariman Point, Mumbai, Maharashtra - 400021 and use its website, https://asolution.in.
What industry or business activity is Asolution Pharmaceuticals associated with?
Its MCA filings list the main business as chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products (97.91% of turnover).
What is paid-up capital and authorised share capital of Asolution Pharmaceuticals?
Paid-up capital is ₹4.89 crore and authorised capital is ₹5 crore, so about 98% of the authorised amount has been issued.
When did Asolution Pharmaceuticals last file accounts and hold an AGM?
The last AGM on record was on 30 September 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Asolution Pharmaceuticals?
Two charges against Asolution Pharmaceuticals are still open and four have been satisfied.
Have any directors left Asolution Pharmaceuticals?
No. MCA shows no former directors, so everyone appointed so far is still on the board.
Which companies share directors with Asolution Pharmaceuticals?
3 companies share directors with Asolution Pharmaceuticals: Laxmita Healthcare Private Limited, Anomalie Marketing And Services Private Limited and Bliss Gvs Pharma Limited.
What is the turnover or revenue of Asolution Pharmaceuticals?
Based on filed financial statements, the revenue of Asolution Pharmaceuticals for FY 2023 was in the ₹25–50 Cr range. That is down 25.5% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Asolution Pharmaceuticals?
For FY 2023, the net worth of Asolution Pharmaceuticals was negative, in the ₹10–25 Cr range.
How can I get the financial details of Asolution Pharmaceuticals?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Asolution Pharmaceuticals?
The website on record for Asolution Pharmaceuticals is https://asolution.in.
Which company owns asolution.in?
asolution.in is the website listed for Asolution Pharmaceuticals Private Limited in its company records.
Asolution Pharmaceuticals - is it listed or unlisted?
Asolution Pharmaceuticals is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Asolution Pharmaceuticals?
Asolution Pharmaceuticals is registered with ROC Mumbai.
What is the company classification of Asolution Pharmaceuticals?
MCA classifies Asolution Pharmaceuticals as: Private Limited Indian Non-Government Company.
Does Asolution Pharmaceuticals have GST registrations on file?
Yes, one active GST registration is linked to Asolution Pharmaceuticals.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.