Medgel Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 14.68 Cr
- Company Age 18 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.30 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 and two months. 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 2024. 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 ₹8.30 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 Vaibhav Singhai as COMPANY SECRETARY and Lokesh Parmar as Cfo. Ramesh Mittal, Alok Garg, Pramod Fatehpuria, and Four other members serve as directors at the Company.
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
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Pharma
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 |
| Vaibhav Singhai | Company Secretary | 14-Dec-2023 | Current |
| Lokesh Parmar | CFO | 10-Nov-2016 | 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 |
| Pramod Fatehpuria | Director | 27-Feb-2015 | Current |
| Manisha Garg | Whole-Time Director | 27-Aug-2016 | Current |
| Ashok Omprakash | Director | 03-Feb-2020 | Current |
| Akshit Garg | Director | 20-Nov-2019 | 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
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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 1 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)
Open Charges
₹8.30 Cr
Satisfied Charges
₹24.32 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 7.50 Cr
- Others : 0.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2024 | Others | ₹8.00 M | Open |
| 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 |
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.
Latest Updates, News, and FAQs on Medgel
Recent activity within the organization
- Annual General Meeting
Medgel Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100969756 was registered on 11 Jul 2024.
- Balance Sheet
Medgel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
- Director Appointment
Vaibhav Singhai was appointed as a Company Secretary was appointed as a Company Secretary on 14 Dec 2023 & has been associated with this company since 1 year 3 months .
- Charges
A charge registered on 20 Mar 2023 via Charge ID 100716319 with Others was fully satisfied on 12 Oct 2023.
- Charges
A charge registered on 05 May 2022 via Charge ID 100573570 with Hdfc Bank Limited was fully satisfied on 02 Aug 2023.
Frequently asked questions
What is the Incorporation or founding date of Medgel Private Limited?
Medgel Private Limited was incorporated on 10 Jan 2007.
What is authorized share capital and paid-up capital of Medgel Private Limited?
The authorized share capital of Medgel Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.68 Cr.
Who are the current board members & directors of Medgel Private Limited?
Currently 9 directors are associated with Medgel Private Limited.
- Ramesh Chandra Mittal
- Alok K Garg
- Pramod Fatehpuria
- Manisha Garg
- Praveen Nalwaya
- Ashok Agrawal Omprakash
- Akshit Garg
- Vaibhav Singhai
- Lokesh Parmar
What is the registered address of Medgel Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Medgel Private Limited is 201 Pushpratna Paradise 9/5 New Palasiya, Opposite Uco Bank India, Indore, Madhya Pradesh, 452001.
What is the corporate identification number (CIN) and company number of Medgel Private Limited?
The corporate identification number (CIN) of Medgel Private Limited is U24239MP2007PTC019204 and the company number is 019204 as per Ministry of Corporate Affairs (MCA).
What is the official website of Medgel Private Limited?
The Official website of Medgel Private Limited is https://www.medgel.net
What has been the recent revenue trend for Medgel Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Medgel Private Limited has fallen by -29.43%.
How many employees does Medgel Private Limited currently have?
As Per 2023 financial reports, 151 employees are currently employed by Medgel Private Limited.
What change has been observed in the net worth of Medgel Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Medgel Private Limited has experienced an upsurge of 3.58%.
What are the total open charges for Medgel Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Medgel Private Limited amount to ₹ 8.30 Cr.
When was the last Balance Sheet of Medgel Private Limited filed with the ROC?
The most recent Balance Sheet for Medgel Private Limited was filed with the ROC on 31 Mar 2024.
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