Medgel Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 14.68 Cr
- Company Age 18 Year, 22 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.50 Cr
- Satisfied Charges ₹ 24.32 Cr
- Revenue Growth -29.43%
- Profit Growth -84.10%
- Ebitda -47.99%
- Net Worth 3.58%
- Total Assets -5.03%
About Medgel
Medgel Private Limited (MPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 January 2007 and has a history of 18 years. Its registered office is in Indore, Madhya Pradesh, India.
The Corporate was formerly known as Medgel Pharmaceuticals 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 15.00 Cr and a paid-up capital of Rs 14.68 Cr.
The company currently has active open charges totaling ₹7.50 Cr. The company has closed loans amounting to ₹24.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Medgel Private Limited India are Lokesh Parmar as CFO and Vaibhav Singhai as Company Secretary.
Company Details
-
Location
Indore, Madhya Pradesh, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U24239MP2007PTC019204
-
Company No.
019204
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
10 Jan 2007
-
Date of AGM
27 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Gwalior
Industry
What products or services does Medgel Private Limited offer?
Medgel Private Limited offers a wide range of products and services, including Pharma & Bioanalytical Services, Pharmaceutical Third Party Manufacturing.
Who are the key members and board of directors at Medgel?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alok Garg
|
Managing Director | 10-Jan-2007 | Current |
|
Lokesh Parmar
|
CFO | 10-Nov-2016 | Current |
| Vaibhav Singhai | Company Secretary | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Praveen Nalwaya
|
Whole-Time Director | 01-Mar-2014 | Current |
|
Ramesh Mittal
|
Director | 01-Apr-2009 | Current |
|
Ashok Omprakash
|
Director | 03-Feb-2020 | Current |
|
Manisha Garg
|
Whole-Time Director | 27-Aug-2016 | Current |
|
Akshit Garg
|
Whole-Time Director | 20-Nov-2019 | Current |
|
Pramod Fatehpuria
|
Director | 27-Feb-2015 | Current |
Financial Performance of Medgel.
Medgel Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.43% decrease. The company also saw a substantial fall in profitability, with a 84.1% decrease in profit. The company's net worth moved up by a moderate rise of 3.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Medgel?
In 2022, Medgel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Medicaps LimitedRamesh Mittal, Alok Garg and 2 more are mutual person
-
Medi Caps Finance LlpRamesh Mittal is a mutual person
-
Trapti Investments Llp
Ramesh Mittal is a mutual person
-
Taurus Dwellers Llp
Ramesh Mittal is a mutual person
-
Saffron Realties Llp
Ramesh Mittal is a mutual person
-
Geet Dwellers Private Limited
Ramesh Mittal is a mutual person
Charges (Loans)
₹7.50 Cr
₹24.32 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 7.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2009 | Idbi Bank Limited | ₹7.50 Cr | Open |
| 20 Mar 2023 | Others | ₹20.00 Cr | Satisfied |
| 05 May 2022 | Hdfc Bank Limited | ₹2.00 Cr | Satisfied |
| 09 Feb 2022 | Others | ₹3.15 M | Satisfied |
| 19 Dec 2011 | Idbi Bank Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Medgel?
Medgel has a workforce of 151 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Medgel, 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 Medgel's trajectory.
Rating
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
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.
