Mahaveer Medi-Sales Private Limited

Distributes pharmaceutical products to 280+ companies and 10000+ clients daily.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Mahaveer Medi-Sales Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.00 M
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 70.00 Cr
  • Satisfied Charges ₹ 13.50 Cr
  • Revenue Growth 29.39%
  • Profit Growth -38.11%
  • Ebitda -25.88%
  • Net Worth 22.06%
  • Total Assets 61.56%

About Mahaveer Medi-Sales

Mahaveer Medi-Sales Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 March 2016 (Eight years and ten months 21 days old ). Its registered office is in Bangaluru, Karnataka, India.

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 1.00 Cr and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹70.00 Cr. The company has closed loans amounting to ₹13.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kalpana Srinivasan, Anand Iyer, Nirmala Jain, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U51103KA2016PTC086880

  • Company No.

    086880

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 2016

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Pharma

Who are the key members and board of directors at Mahaveer Medi-Sales?

Executive Team (1)

NameDesignationAppointment DateStatus
Vinod Jain Country flag representing In Managing Director11-Mar-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Kalpana Srinivasan Country flag representing In Director 30-Apr-2024Current
Anand Iyer Country flag representing In Director 25-Nov-2021Current
Nirmala Jain Country flag representing In Whole-Time Director 11-Mar-2016Current
Ashish Arora Country flag representing In Director 02-Jul-2024Current
Bherumal Jain Country flag representing In Whole-Time Director 10-Jan-2023Current

Financial Performance of Mahaveer Medi-Sales.

Mahaveer Medi-Sales Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.39% increase. The company also saw a substantial fall in profitability, with a 38.11% decrease in profit. The company's net worth Soared by an impressive increase of 22.06%.

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
29.39%
Revenue from Operations
29.23%
Total Assets
61.56%
Profit or Loss
-38.11%
Net Worth
22.06%
EBITDA
-25.88%

What is the Ownership and Shareholding Structure of Mahaveer Medi-Sales?

In 2023, Mahaveer Medi-Sales had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.00 Cr

Satisfied Charges

₹13.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 70.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Mar 2017Others₹70.00 CrOpen
23 Sep 2020Hdfc Bank Limited₹13.50 CrSatisfied

How Many Employees Work at Mahaveer Medi-Sales?

Mahaveer Medi-Sales has a workforce of 613 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahaveer Medi-Sales, 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 Mahaveer Medi-Sales'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 Mahaveer Medi-Sales

Recent activity within the organization

  • Director Appointment

    Ashish Arora was appointed as a Director was appointed as a Director on 02 Jul 2024 & has been associated with this company since 7 months .

    02 Jul 2024

  • Director Appointment

    Kalpana Srinivasan was appointed as a Director was appointed as a Director on 30 Apr 2024 & has been associated with this company since 9 months 2 days .

    30 Apr 2024

  • Annual General Meeting

    Mahaveer Medi-Sales Private Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

    29 Dec 2023

  • Charges

    A charge registered on 23 Sep 2020 via Charge ID 100376312 with Hdfc Bank Limited was fully satisfied on 06 May 2023.

    06 May 2023

  • Charges

    A charge with Others of Rs. 70.00 Cr registered on 06 Mar 2017 with Charge ID 100104817 was modified on 26 Apr 2023.

    26 Apr 2023

  • Balance Sheet

    Mahaveer Medi-Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Mahaveer Medi-Sales Private Limited was incorporated on 11 Mar 2016.

  • The authorized share capital of Mahaveer Medi-Sales Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.00 M.

  • Currently 6 directors are associated with Mahaveer Medi-Sales Private Limited.

    • Kalpana Srinivasan
    • Anand Subramanian Iyer
    • Nirmala Jain
    • Ashish Arora
    • Bherumal Jain
    • Vinod Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahaveer Medi-Sales Private Limited is No: 97 Ground Floor Mahaveer Arcade Sirsi Circle Mysore Road, Chamarajpet India, Bangalore, Karnataka, 560018.

  • The corporate identification number (CIN) of Mahaveer Medi-Sales Private Limited is U51103KA2016PTC086880 and the company number is 086880 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahaveer Medi-Sales Private Limited is https://www.mahaveermedi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahaveer Medi-Sales Private Limited has risen by 29.39%.

  • As Per 2023 financial reports, 613 employees are currently employed by Mahaveer Medi-Sales Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahaveer Medi-Sales Private Limited has experienced an upsurge of 22.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahaveer Medi-Sales Private Limited amount to ₹ 70.00 Cr.

  • The most recent Balance Sheet for Mahaveer Medi-Sales Private Limited was filed with the ROC on 31 Mar 2023.

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