Indi Pharma Private Limited - Company overview

Registered with ROC Goa on 9 January 1984, Indi Pharma is an active private limited company that has been around for more than 42 years.

1984-01-09 Goa, Goa Active Unlisted Active Compliant
Connect MCP

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹25–50 Cr
▼ -17.8%
FY 2023
PROFIT / LOSS
₹1–5 Cr
▼ -39.3%
FY 2023
EBITDA
₹1–5 Cr
▼ -73.4%
FY 2023
NET WORTH
₹10–25 Cr
▲ 12.8%
FY 2023
TOTAL ASSETS
₹10–25 Cr
▼ -22.7%
FY 2023
EMPLOYEE COUNT
241–250
OPEN CHARGES
2
5.10 cr
PAID-UP CAPITAL
19.70 Lakh
AUTHORISED CAPITAL
5.00 cr
COMPANY AGE
42 Years 10 Months
since 1984-01-09
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
18
Updated: 2023-02-22 18:31:36
TOTAL MONEY RAISED
₹10–50 Lakh
SATISFIED CHARGES
2
3.50 cr

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

Health scores for Indi Pharma 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 Low risk
83/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (68), financial health (85), director (95) and company-foundation signals.
  • Operating for 42+ 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 2025 - slightly behind.
Financial Health Score Low risk
85/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 4 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 Indi Pharma Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Goa on 9 January 1984, Indi Pharma is an active private limited company that has been around for more than 42 years. The registered office is at Dtc Buildingpatto Plaza Edc Complex Panaji, Goa. It was earlier known as Mejoral Private Limited.

In its MCA filings the main business is listed as chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, which made up 100% of turnover.

It has four directors: Ramakrishna Vasudev Bhat, Maria Emilia Dias Menezes, Antonio Xavier Paulo Fernandes and Cesar Mauricio Jose De Menezes. The longest-serving is Antonio Xavier Paulo Fernandes, on the board since 2000; the most recent to join is Ramakrishna Vasudev Bhat, appointed in September 2021. Ramakrishna Vasudev Bhat is the managing director. Three former directors are on record; the most recent to leave was Ajit Vishnu Shinkre in September 2021. Between them, the directors also sit on the boards of 6 other companies, including Namra Plasters Private Limited and Wallace Estates LLP.

Paid-up capital is ₹19.7 lakh against an authorised ₹5 crore, so most of the authorised capital has not been issued yet. Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. Two charges (secured loans) are still open, with The Sarswat Co-Operative Bank Ltd. among the lenders, and two more have been paid off.

Pharma ••••••••
  • Location Dtc Buildingpatto Plaza Edc Complex Panaji, Goa, Goa - 403001
  • Website indipharma.com
Name History
Legal NameIndi Pharma Private Limited
CIN / LLPINU24232GA1984PTC000556
Company No.000556
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1984-01-09
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Goa
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Indi Pharma (4) Current board members from MCA filings, including designation and appointment details.

R
Ramakrishna Vasudev Bhat
Managing Director | Since 2021-09-30 | DIN: 08581846
M
Maria Emilia Dias Menezes
Managing Director | Since 2005-06-15 | DIN: 00419902
A
Antonio Xavier Paulo Fernandes
Director | Since 2000-09-30 | DIN: 00407426
C
Cesar Mauricio Jose De Menezes
Director | Since 2006-03-15 | DIN: 00407272

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

Estimated bands · FY 2023
Revenue ₹25–50 Cr ▼ -17.8%
P&L ₹1–5 Cr ▼ -39.3%
EBITDA ₹1–5 Cr ▼ -73.4%
Net worth ₹10–25 Cr ▲ 12.8%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Indi Pharma Open and satisfied charges registered against the company with MCA.

Yes Bank Limited : 5.00 cr
The Sarswat Co-Operative Bank Ltd. : 3.60 cr
Bank Of India : 3.50 cr
Open Charges: 2 Satisfied Charges: 2
Open 5.10 cr
Satisfied 3.50 cr
LenderAmountStatus
Yes Bank Limited
Creation Date: 20 Feb 2012
 5.00 cr Closed
Bank Of India
Creation Date: 25 Mar 2003
 3.50 cr Closed
The Sarswat Co-Operative Bank Ltd.
Creation Date: 24 Feb 2000
 2.10 cr Open

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

Activity GroupDescriptionTurnover %
ManufacturingChemical and chemical products, pharmaceuticals, medicinal chemical and botanical products100

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

Board Overlap From MCA / Compliance Filings

Namra Plasters Private Limited 1 Shared Director
Wallace Estates Llp 1 Shared Director
Wallace Laboratories Private Limited 1 Shared Director
Wallace Medinova Llp 1 Shared Director
Wallace Medipharma Llp 1 Shared Director
Wallace Pharmaceuticals Private Limited 1 Shared Director

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

9 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Unlock exact ratio values and multi-year insights.

Verified entity values are shown only after access is granted.

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

8 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

Unlock full ownership and contribution details.

Verified entity values are shown only after access is granted.

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

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

Employee and EPFO history require an active report plan.

Verified entity values are shown only after access is granted.

GST Compliance of Indi Pharma 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

GST registrations and filing compliance require an active report plan.

Verified entity values are shown only after access is granted.

Credit Ratings, Litigation & Regulatory Alerts for Indi Pharma 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

Credit ratings, litigation, and regulatory alerts require an active report plan.

Verified entity values are shown only after access is granted.

MSME Payment Delays by Indi Pharma 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

MSME payment history requires an active report plan.

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Indi Pharma 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

MCA filings and documents require an active report plan.

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Indi Pharma Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Indi Pharma?
MCA does not publish an "owner" field. Indi Pharma is run by its directors, Ramakrishna Vasudev Bhat, Maria Emilia Dias Menezes, Antonio Xavier Paulo Fernandes and one other, with Ramakrishna Vasudev Bhat as managing director. 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 Indi Pharma?
Indi Pharma has four current directors: Ramakrishna Vasudev Bhat (since September 2021), Maria Emilia Dias Menezes (since June 2005), Antonio Xavier Paulo Fernandes (since September 2000) and Cesar Mauricio Jose De Menezes (since March 2006). Ramakrishna Vasudev Bhat is the managing director.
What is CIN of Indi Pharma?
The CIN of Indi Pharma is U24232GA1984PTC000556. Reading it left to right: U means it is not listed, 24232 is the industry code it registered under, GA is Goa, 1984 is the year it was registered, PTC is the company type and 000556 is its registration number.
When was Indi Pharma incorporated?
Indi Pharma was incorporated on 9 January 1984 with ROC Goa. That makes it more than 42 years old.
What is the registered address of Indi Pharma?
The registered office on MCA records is Dtc Buildingpatto Plaza Edc Complex Panaji, Goa - 403001.
What is the current status of Indi Pharma?
MCA shows Indi Pharma as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Indi Pharma?
You can post to its registered office at Dtc Buildingpatto Plaza Edc Complex Panaji, Goa, Goa - 403001 and use its website, https://indipharma.com.
What industry or business activity is Indi Pharma associated with?
Its MCA filings list the main business as chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products (100% of turnover).
What is paid-up capital and authorised share capital of Indi Pharma?
Paid-up capital is ₹19.7 lakh, a small fraction of its ₹5 crore authorised capital.
When did Indi Pharma last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Indi Pharma?
Two charges against Indi Pharma are still open and two have been satisfied. Lenders named in the filings include Yes Bank Limited, Bank Of India and The Sarswat Co-Operative Bank Ltd..
Have any directors left Indi Pharma?
Yes, three former directors are on record. The most recent to leave were Ajit Vishnu Shinkre (September 2021), Nilesh Bhalchandra Amonkar (April 2021) and Dilip Tryambakrao Pant (December 2016).
Which companies share directors with Indi Pharma?
6 companies share directors with Indi Pharma. Among them are Namra Plasters Private Limited, Wallace Estates LLP, Wallace Laboratories Private Limited and 3 more.
What is the turnover or revenue of Indi Pharma?
Based on filed financial statements, the revenue of Indi Pharma for FY 2023 was in the ₹25–50 Cr range. That is down 17.8% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Indi Pharma?
For FY 2023, the net worth of Indi Pharma was in the ₹10–25 Cr range.
How can I get the financial details of Indi Pharma?
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 Indi Pharma?
The website on record for Indi Pharma is https://indipharma.com.
Which company owns indipharma.com?
indipharma.com is the website listed for Indi Pharma Private Limited in its company records.
Indi Pharma - is it listed or unlisted?
Indi Pharma 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 Indi Pharma?
Indi Pharma is registered with ROC Goa.
What is the company classification of Indi Pharma?
MCA classifies Indi Pharma as: Private Limited Indian Non-Government Company.
Does Indi Pharma have GST registrations on file?
Yes, 18 active GST registrations are linked to Indi Pharma, usually one per state it operates in.

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.