Macin Remedies India Limited

Pharmaceutical trading and manufacturing of antibiotics, drugs, and healthcare products.

2012 | Moga, Punjab (India) | Active
Last Updated: October 24, 2024

Macin Remedies India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.93 Cr
  • Revenue Growth -3.28%
  • Profit Growth -30.03%
  • Ebitda 58.18%
  • Net Worth 50.04%
  • Total Assets 23.92%

About Macin Remedies India

Macin Remedies India Limited (MRIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 May 2012 and has a history of 12 years and nine months. Its registered office is in Moga, Punjab, India.

The Corporate was formerly known as Macin Remedies Private Limited. The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹5.93 Cr.

Avtar Saggu, Baljeet Kaur, Parveen, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24232PB2012PLC036218

  • Company No.

    036218

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 May 2012

  • Date of AGM

    30 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Pharma

What products or services does Macin Remedies India Limited offer?

Macin Remedies India Limited offers a wide range of products and services, including Antibiotic Injection, Gentamicin Injection, Diclofenac, Diclofenac Sodium Injection, Vitamin & Multivitamin Injections, Multivitamin Injection, Ampicillin Injection, Meropenem Injection, Ceftriaxone Injection, Gastrointestinal Drugs.

Who are the key members and board of directors at Macin Remedies India?

Board Members (4)

Name Designation Appointment Date Status
Avtar Saggu Country flag representing In Director 28-Sep-2012 Current
Baljeet Kaur Country flag representing In Director 07-May-2012 Current
Parveen Country flag representing In Director 01-Mar-2021 Current
Pramod Singh Country flag representing In Director 01-Feb-2023 Current

Financial Performance of Macin Remedies India.

Macin Remedies India Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.28% decrease. The company also saw a substantial fall in profitability, with a 30.03% decrease in profit. The company's net worth Soared by an impressive increase of 50.04%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-3.28%
Revenue from Operations
-3.54%
Total Assets
23.92%
Profit or Loss
-30.03%
Net Worth
50.04%
EBITDA
58.18%

What is the Ownership and Shareholding Structure of Macin Remedies India?

In 2023, Macin Remedies India 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 Indicator graph

Charges (Loans)

Open Charges

₹59.31 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.93 Cr

Latest Charge Details

Date Lender Amount Status
28 Aug 2021 Others ₹5.53 Cr Open
20 Mar 2017 Others ₹4.00 M Open

How Many Employees Work at Macin Remedies India?

Unlock and access historical data on people associated with Macin Remedies India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Macin Remedies India, 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 Macin Remedies India'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.

Latest Updates, News, and FAQs on Macin Remedies India

Recent activity within the organization

  • Annual General Meeting

    Macin Remedies India Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.

    30 Nov 2023

  • Balance Sheet

    Macin Remedies India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 55.31 M registered on 28 Aug 2021 with Charge ID 100505375 was modified on 24 Feb 2023.

    24 Feb 2023

  • Director Appointment

    Pramod Kumar Singh was appointed as a Director was appointed as a Director on 01 Feb 2023 & has been associated with this company since 2 years 16 days .

    01 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 55.31 M with Charge ID 100505375 was registered on 28 Aug 2021.

    28 Aug 2021

  • Director Appointment

    Parveen was appointed as a Director was appointed as a Director on 01 Mar 2021 & has been associated with this company since 3 years 11 months .

    01 Mar 2021

Frequently asked questions

  • Macin Remedies India Limited was incorporated on 07 May 2012.

  • The authorized share capital of Macin Remedies India Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Macin Remedies India Limited.

    • Avtar Singh Saggu
    • Baljeet Kaur
    • Parveen
    • Pramod Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Macin Remedies India Limited is Money Multivision, Ishwar Chowk Majestic Road India, Moga, Punjab, 142001.

  • The corporate identification number (CIN) of Macin Remedies India Limited is U24232PB2012PLC036218 and the company number is 036218 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Macin Remedies India Limited is https://www.macinremedies.tradeindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Macin Remedies India Limited has fallen by -3.28%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Macin Remedies India Limited has experienced an upsurge of 50.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Macin Remedies India Limited amount to ₹ 5.93 Cr.

  • The most recent Balance Sheet for Macin Remedies India Limited was filed with the ROC on 31 Mar 2023.

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