Medi Sales Agencies Private Limited

Trading pharmaceutical products and providing various services related to the industry since 2013.

2013 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: January 18, 2025

Medi Sales Agencies Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.50 Cr
  • Satisfied Charges ₹ 10.50 Cr
  • Revenue Growth 9.54%
  • Profit Growth -27.20%
  • Ebitda 38.40%
  • Net Worth 20.17%
  • Total Assets -6.03%

About Medi Sales Agencies

Medi Sales Agencies Private Limited (MSAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 May 2013 and has a history of 11 years and nine months. Its registered office is in Tiruvallur, Tamil Nadu, 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 1.50 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹13.50 Cr. The company has closed loans amounting to ₹10.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narendra Srisrimal, Namitha Srisrimal, Aayush Srisrimal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    medisalesindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900TN2013PTC091275

  • Company No.

    091275

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 May 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Pharma

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

Board Members (6)

NameDesignationAppointment DateStatus
Asmitha Srisrimal Country flag representing In Director 02-Dec-2016Current
Narendra Srisrimal Country flag representing In Director 04-Jun-2018Current
Namitha Srisrimal Country flag representing In Director 23-May-2013Current
Aayush Srisrimal Country flag representing In Director 10-Jul-2019Current
Ajit Prasad Country flag representing In Director 01-Dec-2022Current
Esha Srisrimal Country flag representing In Director 01-Dec-2022Current

Financial Performance of Medi Sales Agencies.

Medi Sales Agencies Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.54% increase. The company also saw a substantial fall in profitability, with a 27.2% decrease in profit. The company's net worth Soared by an impressive increase of 20.17%.

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
9.54%
Revenue from Operations
11.32%
Total Assets
-6.03%
Profit or Loss
-27.20%
Net Worth
20.17%
EBITDA
38.40%

What is the Ownership and Shareholding Structure of Medi Sales Agencies?

In 2023, Medi Sales Agencies 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

₹13.50 Cr

Satisfied Charges

₹10.50 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 13.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 2021The Hongkong And Shanghai Banking Corporation Limited₹13.50 CrOpen
28 Sep 2018Citi Bank N.A.₹10.50 CrSatisfied

How Many Employees Work at Medi Sales Agencies?

Medi Sales Agencies has a workforce of 192 employees as of Apr 09, 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 Medi Sales Agencies, 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 Medi Sales Agencies'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 Medi Sales Agencies

Recent activity within the organization

  • Annual General Meeting

    Medi Sales Agencies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 13.50 Cr registered on 09 Aug 2021 with Charge ID 100474141 was modified on 20 Jul 2023.

    20 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Ajit Prasad was appointed as a Director was appointed as a Director on 01 Dec 2022 & has been associated with this company since 2 years 2 months .

    01 Dec 2022

  • Charges

    A charge registered on 28 Sep 2018 via Charge ID 100227076 with Citi Bank N.A. was fully satisfied on 23 Nov 2021.

    23 Nov 2021

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 13.50 Cr with Charge ID 100474141 was registered on 09 Aug 2021.

    09 Aug 2021

Frequently asked questions

  • Medi Sales Agencies Private Limited was incorporated on 23 May 2013.

  • The authorized share capital of Medi Sales Agencies Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 0.10 M.

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

    • Narendra Kumar Srisrimal
    • Namitha Srisrimal
    • Aayush Srisrimal
    • Asmitha Srisrimal
    • Ajit Prasad
    • Esha Srisrimal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medi Sales Agencies Private Limited is No.508/3 Inner Ring Road Madhavaram India, Chennai, Tamil Nadu, 600060.

  • The corporate identification number (CIN) of Medi Sales Agencies Private Limited is U51900TN2013PTC091275 and the company number is 091275 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Medi Sales Agencies Private Limited is https://www.medisalesindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Medi Sales Agencies Private Limited has risen by 9.54%.

  • As Per 2023 financial reports, 192 employees are currently employed by Medi Sales Agencies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Medi Sales Agencies Private Limited has experienced an upsurge of 20.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Medi Sales Agencies Private Limited amount to ₹ 13.50 Cr.

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

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